Schedule I- Investments

12 Months Ended

Dec. 31, 2020

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, 2020

(In millions)

	December 31, 2020
Type of investment	Cost		Fair Value		Amount at which shown in the balance sheet
Available-for-sale:
U.S. Treasury and government agency	$	556	$	631	$	631
State and municipal bonds		162		194		194
Foreign governments		9		10		10
Corporate obligations		767		830		830
Mortgage-backed securities:
Residential mortgage-backed agency		305		312		312
Residential mortgage-backed non-agency		23		25		25
Commercial mortgage-backed		17		17		17
Asset-backed securities:
Collateralized debt obligations		120		118		118
Other asset-backed		121		121		121
Total long-term available-for-sale		2,080		2,258		2,258
Short-term available-for-sale		280		281		281
Total available-for-sale		2,360		2,539		2,539
Investments at fair value		189		197		197
Total investments	$	2,549	$	2,736	$	2,736
Assets of consolidated variable interest entities:
Investments at fair value		96		77		77
Loans receivable		124		120		120
Total investments of consolidated variable interest entities	$	220	$	197	$	197