XML 59 R48.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange $ 24 $ (26) $ (39) $ (4)
Non Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange 24 (26) (39) (4)
Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange 23 18 38 36
Investments Carried At Fair Value [Member] | Non Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [1] 13 4 (7) 11
Fixed Maturity Securities Held At Fair Value - VIE [Member] | Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [2] 4 26 (2) 56
Loans Receivable and Other Instruments at Fair Value [Member] | Variable Interest Entity [Member] | Residential Mortgage Loans [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [2] 22 1 (13) 43
Loan Repurchase Commitments [Member] | Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [2] 18 9 38 10
Other Assets [Member] | Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [2] (1) 0 (3) 0
Medium Term Notes [Member] | Non Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [1] 1 3 (1) (5)
Other Liabilities [Member] | Non Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [3] 0 (1) 0 (1)
Variable Interest Entity Notes [Member] | Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [2] $ (18) $ (24) $ 9 $ (80)
[1] Reported within “Net gains (losses) on financial instruments at fair value and foreign exchange” on MBIA’s consolidated statements of operations
[2] Reported within “Net gains (losses) on financial instruments at fair value and foreign exchange-VIE” on MBIA’s consolidated statements of operations.
[3] Reported within “Other net realized gains (losses)” on MBIA’s consolidated statements of operations.