| Assets |
| Cash and cash equivalents |
216M |
| Total assets |
11.79B |
| Liabilities: |
| Total liabilities |
8.12B |
| Commitments and contingencies (See Note 13) |
0 |
| Preferred stock, par value $1 per share; authorized shares-10,000,000; issued and outstanding-none |
0 |
| Common stock, par value $1 per share; authorized shares-400,000,000; issued shares - 274,922,351 and 274,719,578 |
284M |
| Additional paid-in capital |
3.15B |
| Retained earnings |
2.97B |
| Accumulated other comprehensive loss, net of deferred tax of $122 and $229 |
35M |
| Treasury stock, at cost - 78,141,872 and 74,973,978 shares |
-2.78B |
| Total shareholders' equity of MBIA Inc. |
3.66B |
| Preferred stock of subsidiary and noncontrolling interest |
| Total equity |
3.67B |
| Total liabilities and equity |
11.79B |
| Assets |
| Fixed-maturity securities held as available-for-sale, at fair value |
| Fixed-maturity securities at fair value |
| Investments pledged as collateral, at fair value (amortized cost $582 and $548) |
227M |
| Short-term investments held as available-for-sale, at fair value (amortized cost $1,761 and $2,073) |
| Other investments (includes investments at fair value of $158 and $186) |
9M |
| Total |
6.36B |
| Cash and cash equivalents |
191M |
| Accrued investment income |
| Premiums receivable |
707M |
| Deferred acquisition costs |
137M |
| Prepaid reinsurance premiums |
| Insurance loss recoverable |
528M |
| Reinsurance recoverable on paid and unpaid losses |
| Goodwill |
| Property and equipment, at cost (less accumulated depreciation of $136 and $135) |
| Receivable for investments sold |
| Derivative assets |
| Current income taxes |
| Deferred income taxes, net |
| Other assets |
143M |
| Liabilities: |
| Unearned premium revenue |
1.34B |
| Loss and loss adjustment expense reserves |
| Reinsurance premiums payable |
| Investment agreements |
418M |
| Medium-term notes (includes financial instruments carried at fair value $206 and $116) |
932M |
| Securities sold under agreements to repurchase |
| Short-term debt |
| Long-term debt |
1.98B |
| Current income taxes |
| Deferred fee revenue |
| Payable for settlement of derivatives and investments purchased |
| Derivative liabilities |
383M |
| Other liabilities |
229M |
| Assets |
| Fixed-maturity securities held as available-for-sale, at fair value |
| Fixed-maturity securities at fair value |
| Derivative assets |
| Other assets |
27M |
| Cash |
25M |
| Investments held-to-maturity, at amortized cost (fair value $3,703 and $3,760) |
890M |
| Loans receivable at fair value |
1.14B |
| Loan repurchase commitments |
404M |
| Total assets |
| Liabilities: |
| Long-term debt |
| Derivative liabilities |
0 |
| Other liabilities |
| Variable interest entity notes (includes financial instruments carried at fair value $6,539 and $6,680) |
2.32B |
| Total liabilities |
