Schedule I- Investments

12 Months Ended

Dec. 31, 2019

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, 2019

(In millions)

	December 31, 2019
Type of investment	Cost		Fair Value		Amount at which shown in the balance sheet
Available-for-sale:
U.S. Treasury and government agency	$	640	$	685	$	685
State and municipal bonds		178		200		200
Foreign governments		2		2		2
Corporate obligations		1,078		1,129		1,129
Mortgage-backed securities:
Residential mortgage-backed agency		317		320		320
Residential mortgage-backed non-agency		23		19		19
Commercial mortgage-backed		20		20		20
Asset-backed securities:
Collateralized debt obligations		139		137		137
Other asset-backed		317		317		317
Total long-term available-for-sale		2,714		2,829		2,829
Short-term available-for-sale		270		270		270
Total available-for-sale		2,984		3,099		3,099
Investments at fair value		359		363		363
Total investments	$	3,343	$	3,462	$	3,462
Assets of consolidated variable interest entities:
Investments at fair value		100		83		83
Held-to-maturity:
Corporate obligations		890		892		890
Loans receivable		135		136		136
Total investments of consolidated variable interest entities	$	1,125	$	1,111	$	1,109