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Schedule I- Investments
12 Months Ended
Dec. 31, 2018
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, 2018
(In millions)
December 31, 2018
Amount at
which shown
in the
Type of investmentCostFair Valuebalance sheet
Available-for-sale:
U.S. Treasury and government agency$916$932$932
State and municipal bonds641727727
Foreign governments333
Corporate obligations1,4571,3321,332
Mortgage-backed securities:
Residential mortgage-backed agency218214214
Residential mortgage-backed non-agency302727
Commercial mortgage-backed535151
Asset-backed securities:
Collateralized debt obligations122119119
Other asset-backed178177177
Total long-term available-for-sale3,6183,5823,582
Short-term available-for-sale199199199
Total available-for-sale3,8173,7813,781
Investments at fair value300290290
Other investments111
Total investments$4,118$4,072$4,072
Assets of consolidated variable interest entities:
Investments at fair value143157157
Held-to-maturity:
Corporate obligations890925890
Loans receivable159172172
Total investments of consolidated variable interest entities$1,192$1,254$1,219