XML 58 R47.htm IDEA: XBRL DOCUMENT v3.21.2
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 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange $ 11 $ 13 $ 42 $ (26)
Non Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange 11 13 42 (26)
Variable Interest Entity [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange 4 (4) (10) 34
Investments Carried At Fair Value [Member]        
Accounts Notes And Loans Receivable [Line Items]        
Net gains (losses) on financial instruments at fair value and foreign exchange [1] (1) 4 5 (3)
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] 1 4 3 2
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] (3) 2 31 (11)
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] 0 6 (4) 44
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] 2 (1) 1 (5)
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] 4 (8) 13 (8)
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] $ 3 $ (11) $ (47) $ (1)
[1] Represents discount related to Gross Claim Liability and Gross Potential Recoveries.
[2] Reported within “Net gains (losses) on financial instruments at fair value and foreign exchange-VIE” on MBIA’s consolidated statements of operations.