Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2018

		Unrealized				Instrument-Specific
		Gains (Losses)				Credit Risk of
		on AFS		Foreign Currency		Liabilities Measured
In millions		Securities, Net		Translation, Net		at Fair Value, Net		Total
Balance, January 1, 2016		$	(22)	$	(39)	$	-	$	(61)

	Other comprehensive income (loss) before reclassifications		27		(95)		-		(68)
	Amounts reclassified from AOCI		1		-		-		1
Net period other comprehensive income (loss)			28		(95)		-		(67)

Balance, December 31, 2016			6		(134)		-		(128)

	Other comprehensive income (loss) before reclassifications		(24)		125		-		101	⁽¹⁾
	Amounts reclassified from AOCI		8		-		-		8
Net period other comprehensive income (loss)			(16)		125		-		109

Balance, December 31, 2017		$	(10)	$	(9)	$	-	$	(19)

ASU 2016-01 transition adjustment			(2)		-		(162)		(164)

ASU 2018-02 transition adjustment			(3)		-		-		(3)

Net period other comprehensive income (loss)			(24)		2		52		30

Balance, December 31, 2018		$	(39)	$	(7)	$	(110)	$	(156)
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(1) - Includes items included in the Company's loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December 31, 2016. The sale was completed in January of 2017 and as such, these amounts included in AOCI were reversed and included in the Sale Transaction.

In millions		Amounts Reclassified from AOCI

		Years Ended December 31,
Details about AOCI Components		2018		2017		2016		Affected Line Item on the Consolidated Statements of Operations
Unrealized gains (losses) on AFS securities:
	Realized gain (loss) on sale of securities	$	6	$	3	$	7	Net gains (losses) on financial instruments at fair value and foreign exchange
	OTTI		(5)		(7)		(4)	Net investment losses related to OTTI
	Amortization on securities		(1)		(5)		(6)	Net investment income
			-		(9)		(3)	Income (loss) before income taxes
			-		(1)		(2)	Provision (benefit) for income taxes
Total reclassifications for the period		$	-	$	(8)	$	(1)	Net income (loss)