XML 149 R126.htm IDEA: XBRL DOCUMENT v2.4.1.9
Schedule II (Condensed Balance Sheets) (Detail) (USD $)
In Millions, except Share data, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Assets [Abstract]        
Cash and cash equivalents $ 782us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,258us-gaap_CashAndCashEquivalentsAtCarryingValue $ 990us-gaap_CashAndCashEquivalentsAtCarryingValue $ 633us-gaap_CashAndCashEquivalentsAtCarryingValue
Total assets 16,284us-gaap_Assets 16,953us-gaap_Assets 21,724us-gaap_Assets  
Liabilities:        
Long-term debt 1,810us-gaap_LongTermDebtNoncurrent 1,702us-gaap_LongTermDebtNoncurrent    
Derivative liabilities 246us-gaap_DerivativeLiabilities 1,200us-gaap_DerivativeLiabilities    
Total liabilities 12,334us-gaap_Liabilities 13,654us-gaap_Liabilities    
Equity:        
Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue    
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782 and 277,812,430 281us-gaap_CommonStockValue 278us-gaap_CommonStockValue    
Additional paid-in capital 3,128us-gaap_AdditionalPaidInCapital 3,115us-gaap_AdditionalPaidInCapital    
Retained earnings 2,858us-gaap_RetainedEarningsAccumulatedDeficit 2,289us-gaap_RetainedEarningsAccumulatedDeficit    
Accumulated other comprehensive income (loss), net of tax of $6 and $26 21us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (86)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 56us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (176)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost--89,409,887 and 85,562,546 shares (2,359)us-gaap_TreasuryStockValue (2,318)us-gaap_TreasuryStockValue    
Total shareholders' equity of MBIA Inc. 3,929us-gaap_StockholdersEquity 3,278us-gaap_StockholdersEquity    
Total liabilities and equity 16,284us-gaap_LiabilitiesAndStockholdersEquity 16,953us-gaap_LiabilitiesAndStockholdersEquity    
Fixed-maturity securities held as available-for-sale, amortized cost 6,509us-gaap_AvailableForSaleSecuritiesAmortizedCost 6,824us-gaap_AvailableForSaleSecuritiesAmortizedCost    
Preferred stock, par value $ 1us-gaap_PreferredStockParOrStatedValuePerShare $ 1us-gaap_PreferredStockParOrStatedValuePerShare    
Preferred stock, authorized shares 10,000,000us-gaap_PreferredStockSharesAuthorized 10,000,000us-gaap_PreferredStockSharesAuthorized    
Preferred stock, issued 0us-gaap_PreferredStockSharesIssued 0us-gaap_PreferredStockSharesIssued    
Preferred stock, outstanding 0us-gaap_PreferredStockSharesOutstanding 0us-gaap_PreferredStockSharesOutstanding    
Common stock, par value $ 1us-gaap_CommonStockParOrStatedValuePerShare $ 1us-gaap_CommonStockParOrStatedValuePerShare    
Common stock, authorized shares 400,000,000us-gaap_CommonStockSharesAuthorized 400,000,000us-gaap_CommonStockSharesAuthorized    
Common stock, issued shares 281,352,782us-gaap_CommonStockSharesIssued 277,812,430us-gaap_CommonStockSharesIssued    
Accumulated other comprehensive income (loss), taxes 7mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax 54mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax    
Treasury stock, shares 89,409,887us-gaap_TreasuryStockShares 85,562,546us-gaap_TreasuryStockShares    
Parent Company [Member]        
Assets [Abstract]        
Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $671 and $703) 751us-gaap_AvailableForSaleSecuritiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
728us-gaap_AvailableForSaleSecuritiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Investments carried at fair value 33us-gaap_TradingSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
32us-gaap_TradingSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Investments pledged as collateral, at fair value (amortized cost $445 and $463) 408us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
375us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Short-term investments held as available-for-sale, at fair value (amortized cost $327 and $171) 327us-gaap_AvailableForSaleSecuritiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
171us-gaap_AvailableForSaleSecuritiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Other investments 4us-gaap_OtherInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3us-gaap_OtherInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total investments 1,523us-gaap_Investments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
1,309us-gaap_Investments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Cash and cash equivalents 100us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
140us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
92us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
132us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Investment in wholly-owned subsidiaries 3,953mbi_InvestmentInWhollyOwnedSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,890mbi_InvestmentInWhollyOwnedSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Deferred income taxes, net 965us-gaap_DeferredTaxAssetsNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
791us-gaap_DeferredTaxAssetsNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Other assets 143us-gaap_OtherAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
140us-gaap_OtherAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total assets 6,684us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
6,270us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Liabilities:        
Investment agreements 505us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
654us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Long-term debt 592us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
592us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Affiliate loans payable 1,207us-gaap_LoansPayable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
1,510us-gaap_LoansPayable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Other liabilities 451us-gaap_OtherLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
236us-gaap_OtherLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total liabilities 2,755us-gaap_Liabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
2,992us-gaap_Liabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Equity:        
Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none 0us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782 and 277,812,430 281us-gaap_CommonStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
278us-gaap_CommonStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Additional paid-in capital 3,128us-gaap_AdditionalPaidInCapital
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,115us-gaap_AdditionalPaidInCapital
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Retained earnings 2,858us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
2,289us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Accumulated other comprehensive income (loss), net of tax of $6 and $26 21us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(86)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Treasury stock, at cost--89,409,887 and 85,562,546 shares (2,359)us-gaap_TreasuryStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(2,318)us-gaap_TreasuryStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total shareholders' equity of MBIA Inc. 3,929us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,278us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total liabilities and equity 6,684us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
6,270us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Fixed-maturity securities held as available-for-sale, amortized cost 671us-gaap_AvailableForSaleSecuritiesAmortizedCost
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
703us-gaap_AvailableForSaleSecuritiesAmortizedCost
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Investments pledged as collateral, amortized cost 445mbi_InvestmentsPledgedAsCollateralAmortizedCost
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
463mbi_InvestmentsPledgedAsCollateralAmortizedCost
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Short-term investments held as available-for-sale, amortized cost 327us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
171us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Preferred stock, par value $ 1us-gaap_PreferredStockParOrStatedValuePerShare
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 1us-gaap_PreferredStockParOrStatedValuePerShare
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Preferred stock, authorized shares 10,000,000us-gaap_PreferredStockSharesAuthorized
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
10,000,000us-gaap_PreferredStockSharesAuthorized
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Preferred stock, issued 0us-gaap_PreferredStockSharesIssued
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_PreferredStockSharesIssued
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Preferred stock, outstanding 0us-gaap_PreferredStockSharesOutstanding
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_PreferredStockSharesOutstanding
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Common stock, par value $ 1us-gaap_CommonStockParOrStatedValuePerShare
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 1us-gaap_CommonStockParOrStatedValuePerShare
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Common stock, authorized shares 400,000,000us-gaap_CommonStockSharesAuthorized
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
400,000,000us-gaap_CommonStockSharesAuthorized
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Common stock, issued shares 281,352,782us-gaap_CommonStockSharesIssued
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
277,812,430us-gaap_CommonStockSharesIssued
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Accumulated other comprehensive income (loss), taxes $ 6mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 25mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Treasury stock, shares 89,409,887us-gaap_TreasuryStockShares
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
85,562,546us-gaap_TreasuryStockShares
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember