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Schedule I- Investments
12 Months Ended
Dec. 31, 2016
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, 2016
(In millions)
December 31, 2016
Amount at
which shown
in the
Type of investmentCostFair Valuebalance sheet
Available-for-sale:
U.S. Treasury and government agency$843$863$863
State and municipal bonds1,3821,4391,439
Foreign governments555
Corporate obligations1,3321,2501,250
Mortgage-backed securities:
Residential mortgage-backed agency871862862
Residential mortgage-backed non-agency504545
Commercial mortgage-backed414141
Asset-backed securities:
Collateralized debt obligations222222
Other asset-backed293292292
Total long-term available-for-sale4,8394,8194,819
Short-term available-for-sale607607607
Equity available-for-sale455
Total available-for-sale5,4505,4315,431
Investments at fair value195199199
Other investments333
Total investments$5,648$5,633$5,633
Assets of consolidated variable interest entities:
Investments at fair value198255255
Held-to-maturity:
Corporate obligations890876890
Loans receivable5891,0661,066
Total investments of consolidated variable interest entities$1,677$2,197$2,211