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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 733 $ 1,258
Deferred income taxes, net 917  
Investments held-to-maturity, at amortized cost (fair value $2,695 and $2,651) 2,793 2,801
Total assets 16,087 16,953
Liabilities:    
Total liabilities 12,462 13,654
Commitments and contingencies (See Note 13)      
Equity:    
Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none 0 0
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,291,579 and 277,812,430 281 278
Additional paid-in capital 3,115 3,115
Retained earnings 2,545 2,289
Accumulated other comprehensive income (loss), net of tax of $16 and $54 (13) (86)
Treasury stock, at cost--86,086,648 and 85,562,546 shares (2,324) (2,318)
Total shareholders' equity of MBIA Inc. 3,604 3,278
Preferred stock of subsidiary and noncontrolling interest 21 21
Total equity 3,625 3,299
Total liabilities and equity 16,087 16,953
Non Variable Interest Entity [Member]
   
Assets    
Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $5,173 and $5,064) Investments held as available-for-sale, at fair value (amortized cost $35 and $136) 5,200 4,987
Investments carried at fair value 212 204
Investments pledged as collateral, at fair value (amortized cost $329 and $483) 278 424
Short-term investments held as available-for-sale, at fair value (amortized cost $1,318 and $1,203) 1,319 1,204
Other investments (includes investments at fair value of $12 and $11) 16 16
Total investments 7,025 6,835
Cash and cash equivalents 679 1,161
Premiums receivable 1,009 1,051
Deferred acquisition costs 250 260
Insurance loss recoverable 671 694
Assets held for sale 29 29
Deferred income taxes, net 917 1,109
Other assets 200 222
Liabilities:    
Unearned premium revenue 2,337 2,441
Loss and loss adjustment expense reserves 602 641
Investment agreements 689 700
Medium-term notes (includes financial instruments carried at fair value of $215 and $203) 1,418 1,427
Long-term debt 1,731 1,702
Derivative liabilities 381 1,152
Other liabilities 287 294
Variable Interest Entity Primary Beneficiary [Member]
   
Assets    
Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $5,173 and $5,064) Investments held as available-for-sale, at fair value (amortized cost $35 and $136) 35 136
Investments carried at fair value 504 587
Cash 54 97
Investments held-to-maturity, at amortized cost (fair value $2,695 and $2,651) 2,793 2,801
Loans receivable at fair value 1,557 1,612
Loan repurchase commitments 364 359
Liabilities:    
Derivative liabilities 5 11
Variable interest entity notes (includes financial instruments carried at fair value of $2,194 and $2,356) $ 5,012 $ 5,286