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Schedule II (Condensed Balance Sheets) (Detail) - USD ($)
$ / shares in Units, $ in Millions
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Assets [Abstract]        
Cash and cash equivalents $ 167 $ 83 $ 280 $ 146
Total assets 5,751 7,284    
Liabilities:        
Total liabilities 5,602 6,445    
Equity:        
Preferred stock, par value $1 per share; authorized shares—10,000,000; issued and outstanding—none 0 0    
Common stock, par value $1 per share; authorized shares—400,000,000; issued shares—283,186,115 and 283,433,401 283 283    
Additional paid-in capital 2,962 2,999    
Retained earnings (deficit) (13) 607    
Accumulated other comprehensive income (loss), net of tax 115 (2) (156) (19)
Treasury stock, at cost—229,508,967 and 204,000,108 shares (3,211) (3,061)    
Total shareholders' equity of MBIA Inc. 136 826    
Total liabilities and equity $ 5,751 $ 7,284    
Preferred stock, par value $ 1 $ 1    
Preferred stock, authorized shares 10,000,000 10,000,000    
Preferred stock, issued 0 0    
Preferred stock, outstanding 0 0    
Common stock, par value $ 1 $ 1    
Common stock, authorized shares 400,000,000 400,000,000    
Common stock, issued shares 283,186,115 283,433,401    
Treasury stock, shares 229,508,967 204,000,108    
Parent Company [Member]        
Assets [Abstract]        
Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $621 and $610) $ 719 $ 674    
Investments carried at fair value 1 1    
Investments pledged as collateral, at fair value (amortized cost $10 and $19) 1 11    
Short-term investments held as available-for-sale, at fair value (amortized cost $31 and $167) 31 167    
Total investments 752 853    
Cash and cash equivalents 26 11 $ 40 $ 10
Investment in wholly-owned subsidiaries 728 1,456    
Other assets 139 123    
Total assets 1,645 2,443    
Liabilities:        
Investment agreements 269 274    
Long-term debt 312 427    
Affiliate loans payable 695 658    
Income taxes payable 12 60    
Derivative liabilities 164 133    
Other liabilities 57 65    
Total liabilities 1,509 1,617    
Equity:        
Preferred stock, par value $1 per share; authorized shares—10,000,000; issued and outstanding—none 0 0    
Common stock, par value $1 per share; authorized shares—400,000,000; issued shares—283,186,115 and 283,433,401 283 283    
Additional paid-in capital 2,962 2,999    
Retained earnings (deficit) (13) 607    
Accumulated other comprehensive income (loss), net of tax 115 (2)    
Treasury stock, at cost—229,508,967 and 204,000,108 shares (3,211) (3,061)    
Total shareholders' equity of MBIA Inc. 136 826    
Total liabilities and equity 1,645 2,443    
Fixed-maturity securities held as available-for-sale, amortized cost 621 610    
Investments pledged as collateral, amortized cost 10 19    
Short-term investments, amortized cost $ 31 $ 167    
Preferred stock, par value $ 1 $ 1    
Preferred stock, authorized shares 10,000,000 10,000,000    
Preferred stock, issued 0 0    
Preferred stock, outstanding 0 0    
Common stock, par value $ 1 $ 1    
Common stock, authorized shares 400,000,000 400,000,000    
Common stock, issued shares 283,186,115 283,433,401    
Treasury stock, shares 229,508,967 204,000,108