XML 34 R27.htm IDEA: XBRL DOCUMENT
v3.25.2

Fair Value of Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Text Block [Abstract] |
Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis | The following tables provide quantitative information regarding the significant unobservable inputs used by the Company for assets measured at fair value on a recurring basis as of June 30, 2025 and December 31, 2024:
|  |  | Fair Value as of |  |  |  |  |  |  | Range
|  |  | June 30, |  |  |  |  |  |  | (Weighted
In millions |  | 2025 |  |  | Valuation Techniques |  | Unobservable Input |  | Average)
Assets: |  |  |  |  |  |  |  |  |
| Equity Investments |  | $ | 52 |  |  | Discounted cash flow |  | Discount rate (1) |  |
|  |  |  |  |  |  |  | EBITDA multiple (1) |  |
|  |  |  |  |  | Type certificate |  | Discount rate (1) |  |
|  |  |  |  |  |  |  | EBITDA royalty share (1) |  |
| Loans carried at fair value |  |  | 15 |  |  | Discounted cash flow |  | Discount rate (1) |  |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |
| Loans receivable at fair value |  |  | 33 |  |  | Market prices of similar liabilities adjusted for financial guarantees provided to VIE obligations |  | Impact of financial guarantee |  | 5% - 5% (5%) (2)
(1) - Ranges for discount rate, EBITDA multiple and EBITDA royalty share are not meaningful. (2) - Weighted average represents the total MBIA guarantees as a percentage of total instrument fair value.
|  |  | Fair Value as of |  |  |  |  |  |  | Range
|  |  | December 31, |  |  |  |  |  |  | (Weighted
In millions |  | 2024 |  |  | Valuation Techniques |  | Unobservable Input |  | Average)
Assets: |  |  |  |  |  |  |  |  |
| Equity Investments |  | $ | 52 |  |  | Discounted cash flow |  | Discount rate (1) |  |
|  |  |  |  |  |  |  | EBITDA multiple (1) |  |
|  |  |  |  |  | Type certificate |  | Discount rate (1) |  |
|  |  |  |  |  |  |  | EBITDA royalty share (1) |  |
| Loans carried at fair value |  |  | 15 |  |  | Discounted cash flow |  | Discount rate (1) |  |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |
| Loans receivable at fair value |  |  | 28 |  |  | Market prices of similar liabilities adjusted for financial guarantees provided to VIE obligations |  | Impact of financial guarantee |  | 27% - 27% (27%) (2)
(1) - Ranges for discount rate, EBITDA multiples, EBITDA royalty share are not meaningful. (2) - Weighted average represents the total MBIA guarantees as a percentage of total instrument fair value.
Company's Assets And Liabilities Measured At Fair Value On Recurring Basis | The following tables present the fair value of the Company’s assets (including short-term investments) and liabilities measured and reported at fair value on a recurring basis as of June 30, 2025 and December 31, 2024:
|  |  |  |  |  | Fair Value Measurements at Reporting Date Using |  |  |  |  |
|  |  |  |  |  | Quoted Prices in |  |  | Significant |  |  |  |  |  |  |  |
|  |  |  |  |  | Active Markets |  |  | Other |  |  | Significant |  |  |  |  |
|  |  |  |  |  | for Identical |  |  | Observable |  |  | Unobservable |  |  | Balance as of |  |
|  |  |  |  |  | Assets |  |  | Inputs |  |  | Inputs |  |  | June 30, |  |
In millions |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | 2025 |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-maturity investments: |  |  |  |  |  |  |  |  |  |  |  |  |
| U.S. Treasury and government agency |  | $ | 524 |  |  | $ | - |  |  | $ | - |  |  | $ | 524 |  |
| State and municipal bonds |  |  | - |  |  |  | 99 |  |  |  | - |  |  |  | 99 |  |
| Foreign governments |  |  | - |  |  |  | 5 |  |  |  | - |  |  |  | 5 |  |
| Corporate obligations |  |  | - |  |  |  | 386 |  |  |  | 16 |  | (1) |  | 402 |  |
| Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Residential mortgage-backed agency |  |  | - |  |  |  | 117 |  |  |  | - |  |  |  | 117 |  |
|  | Residential mortgage-backed non-agency |  |  | - |  |  |  | 15 |  |  |  | - |  |  |  | 15 |  |
|  | Commercial mortgage-backed |  |  | - |  |  |  | 19 |  |  |  | - |  |  |  | 19 |  |
| Asset-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Collateralized debt obligations |  |  | - |  |  |  | 61 |  |  |  | - |  |  |  | 61 |  |
|  | Other asset-backed |  |  | - |  |  |  | 146 |  |  |  | - |  |  |  | 146 |  |
|  |  | Total fixed-maturity investments |  |  | 524 |  |  |  | 848 |  |  |  | 16 |  |  |  | 1,388 |  |
Money market securities |  |  | 49 |  |  |  | - |  |  |  | - |  |  |  | 49 |  |
Equity investments |  |  | 41 |  |  |  | 6 |  |  |  | 52 |  |  |  | 109 |  | (2)
Cash and cash equivalents |  |  | 165 |  |  |  | - |  |  |  | - |  |  |  | 165 |  |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |
| Cash |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | 2 |  |
| Loans receivable at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Residential loans receivable |  |  | - |  |  |  | - |  |  |  | 33 |  |  |  | 33 |  |
Total assets |  | $ | 781 |  |  | $ | 854 |  |  | $ | 101 |  |  | $ | 1,746 |  |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | - |  |  | $ | - |  |  | $ | 38 |  |  | $ | 38 |  |
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |
| Insured credit derivatives |  |  | - |  |  |  | 1 |  |  |  | - |  |  |  | 1 |  |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |
| Variable interest entity notes |  |  | - |  |  |  | - |  |  |  | 26 |  |  |  | 26 |  |
| Currency derivatives |  |  | - |  |  |  | - |  |  |  | 10 |  |  |  | 10 |  |
Total liabilities |  | $ | - |  |  | $ | 1 |  |  | $ | 74 |  |  | $ | 75 |  |
(1) - Includes loans carried at fair value of $15 million. (2) - Includes $10 million of an exchange-traded bond fund that seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds. The fund is measured at fair value by applying the net asset value per share practical expedient, and is not required to be classified in the fair value hierarchy.
|  |  |  |  |  | Fair Value Measurements at Reporting Date Using |  |  |
|  |  |  |  |  | Quoted Prices in |  |  | Significant |  |  |  |  |  |  |  |
|  |  |  |  |  | Active Markets |  |  | Other |  |  | Significant |  |  |  |  |
|  |  |  |  |  | for Identical |  |  | Observable |  |  | Unobservable |  |  | Balance as of |  |
|  |  |  |  |  | Assets |  |  | Inputs |  |  | Inputs |  |  | December 31, |  |
In millions |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | 2024 |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-maturity investments: |  |  |  |  |  |  |  |  |  |  |  |  |
| U.S. Treasury and government agency |  | $ | 481 |  |  | $ | - |  |  | $ | - |  |  | $ | 481 |  |
| State and municipal bonds |  |  | - |  |  |  | 102 |  |  |  | - |  |  |  | 102 |  |
| Foreign governments |  |  | - |  |  |  | 10 |  |  |  | - |  |  |  | 10 |  |
| Corporate obligations |  |  | - |  |  |  | 435 |  |  |  | 16 |  | (1) |  | 451 |  |
| Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Residential mortgage-backed agency |  |  | - |  |  |  | 111 |  |  |  | - |  |  |  | 111 |  |
|  | Residential mortgage-backed non-agency |  |  | - |  |  |  | 41 |  |  |  | - |  |  |  | 41 |  |
|  | Commercial mortgage-backed |  |  | - |  |  |  | 7 |  |  |  | - |  |  |  | 7 |  |
| Asset-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Collateralized debt obligations |  |  | - |  |  |  | 101 |  |  |  | - |  |  |  | 101 |  |
|  | Other asset-backed |  |  | - |  |  |  | 52 |  |  |  | - |  |  |  | 52 |  |
|  |  | Total fixed-maturity investments |  |  | 481 |  |  |  | 859 |  |  |  | 16 |  |  |  | 1,356 |  |
Money market securities |  |  | 181 |  |  |  | - |  |  |  | - |  |  |  | 181 |  |
Equity investments |  |  | 48 |  |  |  | 7 |  |  |  | 52 |  |  |  | 117 |  | (2)
Cash and cash equivalents |  |  | 84 |  |  |  | - |  |  |  | - |  |  |  | 84 |  |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |
| Cash |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | 3 |  |
| Loans receivable at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Residential loans receivable |  |  | - |  |  |  | - |  |  |  | 28 |  |  |  | 28 |  |
Total assets |  | $ | 797 |  |  | $ | 866 |  |  | $ | 96 |  |  | $ | 1,769 |  |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | - |  |  | $ | - |  |  | $ | 35 |  |  | $ | 35 |  |
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |
| Insured credit derivatives |  |  | - |  |  |  | 1 |  |  |  | - |  |  |  | 1 |  |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |
| Variable interest entity notes |  |  | - |  |  |  | - |  |  |  | 31 |  |  |  | 31 |  |
| Currency derivatives |  |  | - |  |  |  | - |  |  |  | 6 |  |  |  | 6 |  |
Total liabilities |  | $ | - |  |  | $ | 1 |  |  | $ | 72 |  |  | $ | 73 |  |
(1) - Includes loans carried at fair value of $15 million. (2) - Includes $10 million of an exchange-traded bond fund that seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds. The fund is measured at fair value by applying the net asset value per share practical expedient, and is not required to be classified in the fair value hierarchy.
Fair Value Hierarchy Table Presents The Company's Assets And Liabilities Not Recorded At Fair Value On The Company's Consolidated Balance Sheet |
|  |  | Fair Value Measurements at Reporting Date Using |  |  |  |  |  |  |  |
|  |  | Quoted Prices in |  |  | Significant |  |  | Significant |  |  | Fair Value |  |  | Carry Value |  |
|  |  | Active Markets for |  |  | Other Observable |  |  | Unobservable |  |  | Balance as of |  |  | Balance as of |  |
|  |  | Identical Assets |  |  | Inputs |  |  | Inputs |  |  | June 30, |  |  | June 30, |  |
In millions |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | 2025 |  |  | 2025 |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Other investments |  | $ | - |  |  | $ | - |  |  | $ | 1 |  |  | $ | 1 |  |  | $ | 1 |  |
Total assets |  | $ | - |  |  | $ | - |  |  | $ | 1 |  |  | $ | 1 |  |  | $ | 1 |  |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Long-term debt |  | $ | - |  |  | $ | 311 |  |  | $ | - |  |  | $ | 311 |  |  | $ | 2,814 |  |
| Medium-term notes |  |  | - |  |  |  | - |  |  |  | 225 |  |  |  | 225 |  |  |  | 416 |  | (1)
| Investment agreements |  |  | - |  |  |  | - |  |  |  | 218 |  |  |  | 218 |  |  |  | 203 |  |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Variable interest entity loans payable |  |  | - |  |  |  | - |  |  |  | 6 |  |  |  | 6 |  |  |  | 6 |  |
Total liabilities |  | $ | - |  |  | $ | 311 |  |  | $ | 449 |  |  | $ | 760 |  |  | $ | 3,439 |  |
Financial Guarantees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Gross liability (recoverable) |  | $ | - |  |  | $ | - |  |  | $ | 758 |  |  | $ | 758 |  |  | $ | 527 |  |
| Ceded recoverable (liability) |  |  | - |  |  |  | - |  |  |  | 17 |  |  |  | 17 |  |  |  | 17 |  |
(1) - The carry value includes the complex interest calculations embedded in an MTN elected to be accounted for as a separate derivative that is reported together with the host contract. As of June 30, 2025, the Company had an embedded derivative liability of $1 million.
|  |  | Fair Value Measurements at Reporting Date Using |  |  |  |  |  |  |  |
|  |  | Quoted Prices in |  |  | Significant |  |  | Significant |  |  | Fair Value |  |  | Carry Value |  |
|  |  | Active Markets for |  |  | Other Observable |  |  | Unobservable |  |  | Balance as of |  |  | Balance as of |  |
|  |  | Identical Assets |  |  | Inputs |  |  | Inputs |  |  | December 31, |  |  | December 31, |  |
In millions |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | 2024 |  |  | 2024 |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Other investments |  | $ | - |  |  | $ | - |  |  | $ | 1 |  |  | $ | 1 |  |  | $ | 1 |  |
Total assets |  | $ | - |  |  | $ | - |  |  | $ | 1 |  |  | $ | 1 |  |  | $ | 1 |  |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Long-term debt |  | $ | - |  |  | $ | 305 |  |  | $ | - |  |  | $ | 305 |  |  | $ | 2,741 |  |
| Medium-term notes |  |  | - |  |  |  | - |  |  |  | 217 |  |  |  | 217 |  |  |  | 403 |  | (1)
| Investment agreements |  |  | - |  |  |  | - |  |  |  | 217 |  |  |  | 217 |  |  |  | 204 |  |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Variable interest entity loans payable |  |  | - |  |  |  | - |  |  |  | 12 |  |  |  | 12 |  |  |  | 12 |  |
Total liabilities |  | $ | - |  |  | $ | 305 |  |  | $ | 446 |  |  | $ | 751 |  |  | $ | 3,360 |  |
Financial Guarantees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Gross liability (recoverable) |  | $ | - |  |  | $ | - |  |  | $ | 764 |  |  | $ | 764 |  |  | $ | 540 |  |
| Ceded recoverable (liability) |  |  | - |  |  |  | - |  |  |  | 19 |  |  |  | 19 |  |  |  | 18 |  |
(1) - The carry value includes the complex interest calculations embedded in an MTN elected to be accounted for as a separate derivative that is reported together with the host contract. As of December 31, 2024, the Company had an embedded derivative liability of $2 million.
Changes In Level 3 Assets Measured At Fair Value On A Recurring Basis | Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Six Months Ended June 30, 2025
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Change in |  |  | Change in |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Gains |  |  | Gains |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (Losses) for |  |  | (Losses) for |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | the Period |  |  | the Period |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Included in |  |  | Included in |
|  |  |  |  | Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Earnings for |  |  | OCI for |
|  |  |  |  | Gains / |  |  | Unrealized |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Assets |  |  | Assets |
|  |  |  |  | (Losses) |  |  | Gains / |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | still held |  |  | still held |
|  | Balance |  |  | Included |  |  | (Losses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Transfers |  |  | Transfers |  |  |  |  |  | as of |  |  | as of |
|  | Beginning |  |  | in |  |  | Included |  |  |  |  |  |  |  |  |  |  |  |  |  |  | into |  |  | out of |  |  | Ending |  |  | June 30, |  |  | June 30, |
In millions |  | of Year |  |  | Earnings |  |  | in OCI(1) |  |  | Purchases |  |  | Issuances |  |  | Settlements |  |  | Sales |  |  | Level 3 |  |  | Level 3 |  |  | Balance |  |  | 2025 |  |  | 2025(1) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate obligations |  | $ | 16 |  |  | $ | (1 | ) |  | $ | - |  |  | $ | 1 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 16 |  | (3) | $ | (1 | ) |  | $ | - |
Equity investments |  |  | 52 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 52 |  |  |  | - |  |  |  | - |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans receivable - residential |  |  | 28 |  |  |  | 7 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (2 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 33 |  |  |  | 5 |  |  |  | - |
Total assets |  | $ | 96 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 1 |  |  | $ | - |  |  | $ | (2 | ) |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 101 |  |  | $ | 4 |  |  | $ | - |
Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Six Months Ended June 30, 2024
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Change in |  |  | Change in |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Gains |  |  | Gains |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (Losses) for |  |  | (Losses) for |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | the Period |  |  | the Period |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Included in |  |  | Included in |
|  |  |  |  | Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Earnings for |  |  | OCI for |
|  |  |  |  | Gains / |  |  | Unrealized |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Assets |  |  | Assets |
|  |  |  |  | (Losses) |  |  | Gains / |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | still held |  |  | still held |
|  | Balance, |  |  | Included |  |  | (Losses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Transfers |  |  | Transfers |  |  |  |  |  | as of |  |  | as of |
|  | Beginning |  |  | in |  |  | Included |  |  |  |  |  |  |  |  |  |  |  |  |  |  | into |  |  | out of |  |  | Ending |  |  | June 30, |  |  | June 30, |
In millions |  | of Year |  |  | Earnings |  |  | in OCI(1) |  |  | Purchases |  |  | Issuances |  |  | Settlements |  |  | Sales |  |  | Level 3 |  |  | Level 3 |  |  | Balance |  |  | 2024 |  |  | 2024(1) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate obligations |  | $ | 1 |  |  | $ | (3 | ) |  | $ | - |  |  | $ | 12 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 10 |  | (3) | $ | - |  |  | $ | - |
Equity investments |  |  | 108 |  |  |  | (63 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 45 |  |  |  | (63 | ) |  |  | - |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans receivable - residential |  |  | 35 |  |  |  | (2 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (2 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 31 |  |  |  | (4 | ) |  |  | - |
Other |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (2 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total assets |  | $ | 146 |  |  | $ | (68 | ) |  | $ | - |  |  | $ | 12 |  |  | $ | - |  |  | $ | (2 | ) |  | $ | (2 | ) |  | $ | - |  |  | $ | - |  |  | $ | 86 |  |  | $ | (67 | ) |  | $ | - |
Changes In Level 3 Liabilities Measured At Fair Value On A Recurring Basis |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Change in |  |  | Change in |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (Gains) |  |  | (Gains) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Losses for |  |  | Losses for |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | the Period |  |  | the Period |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Included in |  |  | Included in |
|  |  |  |  | Total |  |  | Unrealized |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Earnings for |  |  | OCI for |
|  |  |  |  | (Gains) / |  |  | (Gains) / |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Liabilities |  |  | Liabilities |
|  |  |  |  | Losses |  |  | Losses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | still held |  |  | still held |
|  | Balance, |  |  | Included |  |  | Included in |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Transfers |  |  | Transfers |  |  |  |  |  | as of |  |  | as of |
|  | Beginning |  |  | in |  |  | Credit Risk |  |  |  |  |  |  |  |  |  |  |  |  |  |  | into |  |  | out of |  |  | Ending |  |  | June 30, |  |  | June 30, |
In millions |  | of Year |  |  | Earnings |  |  | in OCI(2) |  |  | Purchases |  |  | Issuances |  |  | Settlements |  |  | Sales |  |  | Level 3 |  |  | Level 3 |  |  | Balance |  |  | 2025 |  |  | 2025(2) |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | 35 |  |  | $ | 5 |  |  | $ | (2 | ) |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 38 |  |  | $ | 5 |  |  | $ | (2 | )
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
VIE notes |  |  | 31 |  |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (8 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 26 |  |  |  | 1 |  |  |  | - |
Currency derivatives |  |  | 6 |  |  |  | 4 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 10 |  |  |  | 4 |  |  |  | - |
Total liabilities |  | $ | 72 |  |  | $ | 12 |  |  | $ | (2 | ) |  | $ | - |  |  | $ | - |  |  | $ | (8 | ) |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 74 |  |  | $ | 10 |  |  | $ | (2 | )
(1) - Reported within the "Unrealized gains (losses) on available-for-sale securities" on the Company's consolidated statements of comprehensive income (loss). (2) - Reported within the "Instrument-specific credit risk of liabilities measured at fair value" on the Company's consolidated statements of comprehensive income (loss). (3) - Includes loans carried at fair value of $15 million.
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Change in |  |  | Change in |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (Gains) |  |  | (Gains) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Losses for |  |  | Losses for |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | the Period |  |  | the Period |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Included in |  |  | Included in |
|  |  |  |  | Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Earnings for |  |  | OCI for |
|  |  |  |  | (Gains) / |  |  | Unrealized |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Liabilities |  |  | Liabilities |
|  |  |  |  | Losses |  |  | (Gains) / |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | still held |  |  | still held |
|  | Balance, |  |  | Included |  |  | Losses |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Transfers |  |  | Transfers |  |  |  |  |  | as of |  |  | as of |
|  | Beginning |  |  | in |  |  | Included |  |  |  |  |  |  |  |  |  |  |  |  |  |  | into |  |  | out of |  |  | Ending |  |  | June 30, |  |  | June 30, |
In millions |  | of Year |  |  | Earnings |  |  | in OCI(2) |  |  | Purchases |  |  | Issuances |  |  | Settlements |  |  | Sales |  |  | Level 3 |  |  | Level 3 |  |  | Balance |  |  | 2024 |  |  | 2024(2) |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | 40 |  |  | $ | (6 | ) |  | $ | 2 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 36 |  |  | $ | (6 | ) |  | $ | 2 |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
VIE notes |  |  | 78 |  |  |  | 39 |  |  |  | (27 | ) |  |  | - |  |  |  | - |  |  |  | (39 | ) |  |  | (20 | ) |  |  | - |  |  |  | - |  |  |  | 31 |  |  |  | - |  |  |  | - |
Currency derivatives |  |  | 14 |  |  |  | (5 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 9 |  |  |  | (5 | ) |  |  | - |
Total liabilities |  | $ | 132 |  |  | $ | 28 |  |  | $ | (25 | ) |  | $ | - |  |  | $ | - |  |  | $ | (39 | ) |  | $ | (20 | ) |  | $ | - |  |  | $ | - |  |  | $ | 76 |  |  | $ | (11 | ) |  | $ | 2 |
(1) - Reported within the "Unrealized gains (losses) on available-for-sale securities" on the Company's consolidated statements of comprehensive income (loss). (2) - Reported within the "Instrument-specific credit risk of liabilities measured at fair value" on the Company's consolidated statements of comprehensive income (loss). (3) - Includes loans carried at fair value of $9 million.
Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities | Gains and losses (realized and unrealized) included in earnings related to Level 3 assets and liabilities for the three and six months ended June 30, 2025 and 2024 are reported on the Company’s consolidated statements of operations as follows:
|  |  | Three Months Ended June 30, 2025 |  |  | Three Months Ended June 30, 2024 |
|  |  |  |  |  | Change in |  |  |  |  |  | Change in |
|  |  |  |  |  | Unrealized |  |  |  |  |  | Unrealized |
|  |  |  |  |  | Gains (Losses) |  |  |  |  |  | Gains (Losses) |
|  |  |  |  |  | for the |  |  |  |  |  | for the |
|  |  |  |  |  | Period Included |  |  |  |  |  | Period Included |
|  |  |  |  |  | in Earnings |  |  |  |  |  | in Earnings |
|  |  |  |  |  | for Assets |  |  |  |  |  | for Assets |
|  |  |  |  |  | and |  |  |  |  |  | and |
|  |  | Total Gains |  |  | Liabilities still |  |  | Total Gains |  |  | Liabilities still |
|  |  | (Losses) |  |  | held as of |  |  | (Losses) |  |  | held as of |
|  |  | Included |  |  | June 30, |  |  | Included |  |  | June 30, |
In millions |  | in Earnings |  |  | 2025 |  |  | in Earnings |  |  | 2024 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
| Net gains (losses) on financial instruments at fair value and foreign exchange |  | $ | (3 | ) |  | $ | (3 | ) |  | $ | (56 | ) |  | $ | (55 | )
| Revenues of consolidated VIEs (1) |  |  | (1 | ) |  |  | (1 | ) |  |  | (12 | ) |  |  | 1 |
Total |  | $ | (4 | ) |  | $ | (4 | ) |  | $ | (68 | ) |  | $ | (54 | )
(1) - Reported within "Net gains (losses) on financial instruments at fair value and foreign exchange-VIE" and "Other net realized gains (losses)-VIE" on the Company's consolidated statements of operations.
Effects Of Derivative Instruments On Consolidated Statements Of Operations | The following tables present the effects of derivative instruments on the Company's consolidated statements of operations for the three and six months ended June 30, 2025 and 2024:
In millions |  |  |  |  |  |  |  |
Derivatives Not Designated |  |  |  | Three Months Ended June 30, |
as Hedging Instruments |  | Location of Gain (Loss) Recognized in Income on Derivative |  | 2025 |  |  | 2024 |
Currency swaps-VIE |  | Net gains (losses) on financial instruments at fair value and foreign exchange-VIE |  | $ | (4 | ) |  | $ | 6 |
Total |  |  |  | $ | (4 | ) |  | $ | 6 |
In millions |  |  |  |  |  |  |  |  |
Derivatives Not Designated |  |  |  | Six Months Ended June 30, |
as Hedging Instruments |  | Location of Gain (Loss) Recognized in Income on Derivative |  | 2025 |  |  | 2024 |
Currency swaps-VIE |  | Net gains (losses) on financial instruments at fair value and foreign exchange-VIE |  |  | $ | (4 | ) |  |  | $ | 5 |
Total |  |  |  |  | $ | (4 | ) |  |  | $ | 5 |
MBIA Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited) Note 6: Fair Value of Financial Instruments (continued)
Changes In Fair Value Included In The Company's Consolidated Statements Of Operations | The following table presents the gains and (losses) included in the Company's consolidated statements of operations for the three and six months ended June 30, 2025 and 2024 for financial instruments for which the fair value option was elected:
|  |  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |  |
In millions |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |  |
Investments carried at fair value (1) |  | $ | 1 |  |  | $ | (60 | ) |  | $ | - |  |  | $ | (63 | ) |
Fixed-maturity securities held at fair value-VIE (2) |  |  | - |  |  |  | (1 | ) |  |  | - |  |  |  | (1 | ) |
Loans receivable at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |
| Residential mortgage loans (2) |  |  | 4 |  |  |  | (4 | ) |  |  | 7 |  |  |  | (2 | ) |
Medium-term notes (1) |  |  | (3 | ) |  |  | 4 |  |  |  | (5 | ) |  |  | 6 |  |
Variable interest entity notes (2) |  |  | (1 | ) |  |  | (14 | ) |  |  | (3 | ) |  |  | (39 | ) |
(1) - Reported within "Net gains (losses) on financial instruments at fair value and foreign exchange" on the Company's consolidated statements of operations. (2) - Reported within "Net gains (losses) on financial instruments at fair value and foreign exchange-VIE" and/or "Other net realized gains (losses)-VIE" on the Company's consolidated statements of operations.
Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding | The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding as of June 30, 2025 and December 31, 2024 for loans and notes for which the fair value option was elected:
|  |  | As of June 30, 2025 |  |  | As of December 31, 2024 |  |
|  |  | Contractual |  |  |  |  |  |  |  |  | Contractual |  |  |  |  |  |  |  |
|  |  | Outstanding |  |  | Fair |  |  |  |  |  | Outstanding |  |  | Fair |  |  |  |  |
In millions |  | Principal |  |  | Value |  |  | Difference |  |  | Principal |  |  | Value |  |  | Difference |  |
Loans receivable at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Residential mortgage loans - current |  | $ | 13 |  |  | $ | 13 |  |  | $ | - |  |  | $ | 12 |  |  | $ | 12 |  |  | $ | - |  |
| Residential mortgage loans (90 days or more past due) |  |  | 53 |  |  |  | 20 |  |  |  | 33 |  |  |  | 48 |  |  |  | 16 |  |  |  | 32 |  |
| Corporate loans - current |  |  | 18 |  |  |  | 15 |  |  |  | 3 |  |  |  | 16 |  |  |  | 15 |  |  |  | 1 |  |
Total loans receivable at fair value |  | $ | 84 |  |  | $ | 48 |  |  | $ | 36 |  |  | $ | 76 |  |  | $ | 43 |  |  | $ | 33 |  |
Variable interest entity notes |  | $ | 40 |  |  | $ | 26 |  |  | $ | 14 |  |  | $ | 45 |  |  | $ | 31 |  |  | $ | 14 |  |
Medium-term notes |  | $ | 59 |  |  | $ | 38 |  |  | $ | 21 |  |  | $ | 52 |  |  | $ | 35 |  |  | $ | 17 |  |

X
- Definition 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] + References No definition available. + Details
Name: | mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTableTextBlock
Namespace Prefix: | mbi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 102 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-102 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 101 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-101 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about asset and liability measured at fair value under fair value option. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-30 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-28 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-31 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-32 + Details
Name: | us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-10 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 4CC -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC + Details
Name: | us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration