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Consolidated Statements Of Operations - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Net realized investment gains (losses) $ (3) $ (76) $ (41)
Net gains (losses) on financial instruments at fair value and foreign exchange (42) 4 45
Total revenues 42 [1] 7 [2] 154 [3]
Expenses:      
Losses and loss adjustment 184 177 38
Interest 208 210 179
Total expenses 483 491 302
Income (loss) from continuing operations before income taxes (441) (484) (148)
Provision (benefit) for income taxes 0 0 1
Income (loss) from continuing operations (441) (484) (149)
Income (loss) from discontinued operations, net of income taxes (3) (3) (54)
Net income (loss) (444) (487) (203)
Less: Net income from discontinued operations attributable to noncontrolling interest 3 4 (8)
Net income (loss) attributable to MBIA Inc. $ (447) $ (491) $ (195)
Net income (loss) per common share attributable to MBIA Inc. - basic and diluted      
Continuing operations - basic $ (9.31) $ (10.03) $ (3)
Continuing operations - diluted (9.31) (10.03) (3)
Discontinued operations - basic (0.12) (0.15) (0.92)
Discontinued operations - diluted (0.12) (0.15) (0.92)
Net income (loss) per common share attributable to MBIA Inc. - basic (9.43) (10.18) (3.92)
Net income (loss) per common share attributable to MBIA Inc. - diluted $ (9.43) $ (10.18) $ (3.92)
Weighted average number of common shares outstanding:      
Basic [4] 47,436,079 48,207,574 49,803,739
Diluted [4] 47,436,079 48,207,574 49,803,739
Non Variable Interest Entity [Member]      
Revenues:      
Scheduled premiums earned $ 32 $ 35 $ 39
Refunding premiums earned 4 2 14
Premiums earned (net of ceded premiums of $1, $1, and $1) 36 37 53
Net investment income 84 116 95
Net realized investment gains (losses) (3) (76) (41)
Net gains (losses) on financial instruments at fair value and foreign exchange (42) 4 45
Fees and reimbursements 3 0 5
Other net realized gains (losses) 1 (4) (8)
Expenses:      
Losses and loss adjustment 184 177 38
Amortization of deferred acquisition costs 4 5 8
Operating 69 87 68
Interest 208 210 179
Variable Interest Entity, Primary Beneficiary [Member]      
Revenues:      
Net gains (losses) on financial instruments at fair value and foreign exchange (23) (45) (14)
Other net realized gains (losses) (14) (25) 19
Expenses:      
Operating 17 11 8
Interest $ 1 $ 1 $ 1
[1] Includes net investment income of $67 million, $30 million, $11 million, and ($24) million for the U.S. Public Finance, Corporate, International and Structured Finance, and Eliminations segments, respectively.
[2] Includes net investment income of $93 million, $25 million, $23 million, and ($25) million for the U.S. Public Finance, Corporate, International and Structured Finance, and Eliminations segments, respectively.
[3] Includes net investment income of $81 million, $22 million, $17 million, and ($25) million for the U.S. Public Finance, Corporate, International and Structured Finance, and Eliminations segments, respectively.
[4] Includes approximately 1 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for each of the years ended December 31, 2024, 2023 and 2022 respectively.