XML 18 R55.htm IDEA: XBRL DOCUMENT v2.4.0.6
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) (Detail) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Variable Interest Entity [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Variable interest entity notes $ 7,227 $ 8,697
Long-term debt   360
Value Disclosed At Fair Value Not Recorded At Fair Value [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Other investments 11 11
Accrued investment income 57 [1] 63 [1]
Receivable for investments sold 60 [1] 32 [1]
Total assets 3,024 3,595
Investment agreements 1,445 1,853
Medium-term notes 982 1,187
Long-term debt 1,119 286
Long-term debt 43 [2] 1,117
Payable for investments purchased   3 [2]
Total liabilities 6,805 8,111
Gross 975 1,451
Ceded 92 94
Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Variable Interest Entity [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Variable interest entity notes 3,216 3,297
Investments held-to-maturity 2,896 3,489
Long-term debt   368
Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Quoted Prices In Active Markets for Identical Assets (Level 1) [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Accrued investment income 57 [1] 63 [1]
Receivable for investments sold 60 [1] 32 [1]
Total assets 117 95
Long-term debt 43 [2]  
Payable for investments purchased   3 [2]
Total liabilities 43 3
Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Long-term debt 1,119 286
Long-term debt   1,117
Total liabilities 1,119 1,403
Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Other investments 11 11
Total assets 2,907 3,500
Investment agreements 1,445 1,853
Medium-term notes 982 1,187
Total liabilities 5,643 6,705
Gross 975 1,451
Ceded 92 94
Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Variable Interest Entity [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Variable interest entity notes 3,216 3,297
Investments held-to-maturity 2,896 3,489
Long-term debt   368
Carrying Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Other investments 11 11
Accrued investment income 57 [1] 63 [1]
Receivable for investments sold 60 [1] 32 [1]
Total assets 3,179 3,949
Investment agreements 1,171 1,578
Medium-term notes 1,415 1,491
Long-term debt 1,837 287
Long-term debt 43 [2] 1,840
Payable for investments purchased   3 [2]
Total liabilities 8,055 9,502
Gross 831 1,305
Ceded 95 104
Carrying Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Variable Interest Entity [Member]
   
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]    
Variable interest entity notes 3,589 3,943
Investments held-to-maturity 3,051 3,843
Long-term debt   $ 360
[1] Reported within "Other assets" on MBIA's consolidated balance sheets.
[2] Reported within "Other liabilities" on MBIA's consolidated balance sheets.