| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Premiums, fees and reimbursements received | 11 | 8 |
| Investment income received | 39 | 25 |
| Financial guarantee losses and loss adjustment expenses paid | 134 | 29 |
| Proceeds from recoveries and reinsurance, net of salvage paid to reinsurers | 233 | 15 |
| Operating expenses paid and other operating | 60 | 42 |
| Other proceeds from consolidated variable interest entities | 0 | 0 |
| Interest paid, net of interest converted to principal | 41 | 19 |
| Net cash provided (used) by operating activities | 48 | -42 |
| Purchases of available-for-sale investments | 334 | 173 |
| Sales of available-for-sale investments | 125 | 123 |
| Paydowns, maturities and other proceeds of available-for-sale investments | 160 | 103 |
| Purchases of investments at fair value | 44 | 22 |
| Sales, paydowns, maturities and other proceeds of investments at fair value | 50 | 32 |
| Sales, paydowns and maturities (purchases) of short-term investments, net | -6 | -74 |
| Other investing | -3 | -1 |
| Net cash provided (used) by investing activities | -34 | 138 |
| Principal paydowns of investment agreements | 16 | 1 |
| Principal paydowns of medium-term notes | 0 | 0 |
| Proceeds from variable interest entity debt | 0 | 0 |
| Principal paydowns/redemptions of variable interest entity debt | -9 | -8 |
| Principal paydowns of long-term debt | 0 | 0 |
| Purchases of treasury stock | 7 | 7 |
| Net cash provided (used) by financing activities | -32 | -16 |
| Net increase (decrease) in cash and cash equivalents | -18 | 80 |
| Cash and cash equivalents at beginning of period | 87 | - |
| Cash and cash equivalents at end of period | 69 | - |
MBIA INC (MBI)
MBIA INC (MBI)