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Schedule I- Investments
12 Months Ended
Dec. 31, 2015
Summary of Investments, Other than Investments in Related Parties [Abstract]  
Schedule I - Summary Of Investments, Other Than Investments In Related Parties
SCHEDULE I
MBIA INC. AND SUBSIDIARIES
SUMMARY OF INVESTMENTS, OTHER THAN INVESTMENTS IN RELATED PARTIES
December 31, 2015
(In millions)
December 31, 2015
Amount at
which shown
in the
Type of investmentCostFair Valuebalance sheet
Available-for-sale:
U.S. Treasury and government agency$838$866$866
State and municipal bonds1,6291,6801,680
Foreign governments149150150
Corporate obligations1,3041,2211,221
Mortgage-backed securities:
Residential mortgage-backed agency995993993
Residential mortgage-backed non-agency545050
Commercial mortgage-backed292929
Asset-backed securities:
Collateralized debt obligations503333
Other asset-backed260244244
Total long-term available-for-sale5,3085,2665,266
Short-term available-for-sale840841841
Equity available-for-sale121313
Total available-for-sale6,1606,1206,120
Investments at fair value208227227
Other investments333
Total investments$6,371$6,350$6,350
Assets of consolidated variable interest entities:
Investments at fair value861932932
Held-to-maturity:
Corporate obligations2,6892,4012,689
Loans receivable6851,2921,292
Total investments of consolidated variable interest entities$4,235$4,625$4,913