OneMain (OMF) 10-Q 9 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 02, 2015
Document and Entity Information
Entity Registrant Name	Springleaf Holdings, Inc.
Entity Central Index Key	1,584,207
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		134,483,466
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2015		Dec. 31, 2014
Assets
Cash and cash equivalents	$ 3,865		$ 879
Investment securities	1,742		2,935
Net finance receivables:
Personal loans (includes loans of consolidated VIEs of $2.1 billion in 2015 and $1.9 billion in 2014)	4,061		3,831
SpringCastle Portfolio (includes loans of consolidated VIEs of $1.7 billion in 2015 and $2.0 billion in 2014)	1,667		1,979
Real estate loans	547		625
Retail sales finance	27		48
Net finance receivables	6,302		6,483
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $131 million in 2015 and $72 million in 2014)	(193)		(176)
Net finance receivables, less allowance for finance receivable losses	6,109		6,307
Finance receivables held for sale	797		205
Restricted cash and cash equivalents (includes restricted cash and cash equivalents of consolidated VIEs of $256 million in 2015 and $210 million in 2014)	270		218
Other assets	501		485
Total assets	13,284		11,029
Liabilities and Shareholders' Equity
Long-term debt (includes debt of consolidated VIEs of $4.8 billion in 2015 and $3.6 billion in 2014)	9,555	[1]	8,356
Insurance claims and policyholder liabilities	467		446
Deferred and accrued taxes	139		152
Other liabilities	294		238
Total liabilities	10,455		9,192
Shareholders' equity:
Common stock, par value $.01 per share; 2,000,000,000 shares authorized, 134,482,414 and 114,832,895 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively	1		1
Additional paid-in capital	1,524		529
Accumulated other comprehensive income (loss)	(11)		3
Retained earnings	1,469		1,492
Springleaf Holdings, Inc. shareholders’ equity	2,983		2,025
Non-controlling interests	(154)		(188)
Total shareholders’ equity	2,829		1,837
Total liabilities and shareholders’ equity	$ 13,284		$ 11,029
[1]	The net carrying amount of our long-term debt associated with certain securitizations that were either (1) issued at a premium or discount or (2) revalued at a premium or discount based on its fair value at the time of the Fortress Acquisition or (3) recorded at fair value on a recurring basis in circumstances when the embedded derivative within the securitization structure cannot be separately accounted for at fair value.

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2015		Dec. 31, 2014
Personal loans		$ 4,061		$ 3,831
SpringCastle Portfolio		1,667		1,979
Allowance for finance receivable losses		193		176
Finance receivables held for sale		797		205
Restricted cash and cash equivalents		270		218
Long-term debt		$ 9,555	[1]	$ 8,356
Common stock, par value (usd per share)		$ 0.01		$ 0.01
Common stock, shares authorized		2,000,000,000		2,000,000,000
Common stock, shares issued		134,482,414		114,832,895
Common stock, shares outstanding		134,482,414		114,832,895
Consolidated VIEs
Personal loans		$ 2,100		$ 1,900
SpringCastle Portfolio		1,700		2,000
Allowance for finance receivable losses		131		72
Finance receivables held for sale		484		0
Restricted cash and cash equivalents		256		210
Long-term debt	[2]	$ 4,771		$ 3,630
[1]	The net carrying amount of our long-term debt associated with certain securitizations that were either (1) issued at a premium or discount or (2) revalued at a premium or discount based on its fair value at the time of the Fortress Acquisition or (3) recorded at fair value on a recurring basis in circumstances when the embedded derivative within the securitization structure cannot be separately accounted for at fair value.
[2]	As a result of our early adoption of ASU 2015-03 in June of 2015, we reclassified $14 million of debt issuance costs related to our long-term debt associated with our securitizations as of December 31, 2014, from other assets to long-term debt.

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Finance charges	$ 424	$ 436	$ 1,234	$ 1,514
Finance receivables held for sale originated as held for investment	4	48	13	55
Total interest income	428	484	1,247	1,569
Interest expense	171	180	500	577
Net interest income	257	304	747	992
Provision for finance receivable losses	82	103	249	379
Net interest income after provision for finance receivable losses	175	201	498	613
Other revenues:
Insurance	40	44	116	125
Investment	11	12	44	32
Net loss on repurchases and repayments of debt	0	0	0	(7)
Net gain (loss) on fair value adjustments on debt	0	1	0	(15)
Net gain on sales of real estate loans and related trust assets	0	641	0	731
Other	0	(12)	(2)	(7)
Total other revenues	51	686	158	859
Operating expenses:
Salaries and benefits	100	95	305	279
Other operating expenses	87	75	227	193
Insurance losses and loss adjustment expenses	17	20	53	57
Total other expenses	204	190	585	529
Income before provision for income taxes	22	697	71	943
Provision for income taxes	2	235	1	310
Net income	20	462	70	633
Net income attributable to non-controlling interests	31	35	93	82
Net income (loss) attributable to Springleaf Holdings, Inc.	$ (11)	$ 427	$ (23)	$ 551
Weighted average number of shares outstanding:
Basic (in shares)	134,452,763	114,788,439	125,701,635	114,788,439
Diluted (in shares)	134,452,763	115,316,314	125,701,635	115,212,398
Earnings (loss) per share:
Basic (in dollars per share)	$ (0.08)	$ 3.72	$ (0.18)	$ 4.80
Diluted (in dollars per share)	$ (0.08)	$ 3.70	$ (0.18)	$ 4.79

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 20	$ 462	$ 70	$ 633
Other comprehensive income:
Net unrealized gains (losses) on non-credit impaired investment securities	(3)	(4)	(8)	15
Income tax effect:
Net unrealized (gains) losses on non-credit impaired investment securities	1	2	3	(5)
Other comprehensive income (loss), net of tax, before reclassification adjustments	(2)	(2)	(5)	10
Reclassification adjustments included in net income:
Net realized gains on investment securities	(4)	(3)	(14)	(6)
Income tax effect:
Net realized gains on investment securities	2	1	5	2
Reclassification adjustments included in net income, net of tax	(2)	(2)	(9)	(4)
Other comprehensive income (loss), net of tax	(4)	(4)	(14)	6
Comprehensive income	16	458	56	639
Comprehensive income attributable to non-controlling interests	31	35	93	82
Comprehensive income (loss) attributable to Springleaf Holdings, Inc.	$ (15)	$ 423	$ (37)	$ 557

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	Springleaf Holdings, Inc. Shareholders' Equity	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Non-controlling Interests
Balance at Dec. 31, 2013	$ 1,887	$ 1,540	$ 1	$ 524	$ 28	$ 987	$ 347
Common shares issued and outstanding
Share-based compensation expense, net of forfeitures	4	4		4
Change in non-controlling interests:
Distributions declared to joint venture partners	(20)						(20)
Change in net unrealized gains (losses):
Available-for-sale securities	6	6			6
Net income (loss)	633	551				551	82
Balance at Sep. 30, 2014	2,510	2,101	1	528	34	1,538	409
Balance at Dec. 31, 2014	1,837	2,025	1	529	3	1,492	(188)
Common shares issued and outstanding
Sale of common stock, net of offering costs	976	976		976
Non-cash incentive compensation from Initial Stockholder	15	15		15
Share-based compensation expense, net of forfeitures	6	6		6
Excess tax benefit from share-based compensation	2	2		2
Withholding tax on vested RSUs	(4)	(4)		(4)
Change in non-controlling interests:
Distributions declared to joint venture partners	(59)						(59)
Change in net unrealized gains (losses):
Available-for-sale securities	(14)	(14)			(14)
Net income (loss)	70	(23)				(23)	93
Balance at Sep. 30, 2015	$ 2,829	$ 2,983	$ 1	$ 1,524	$ (11)	$ 1,469	$ (154)

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities
Net income	$ 70	$ 633
Reconciling adjustments:
Provision for finance receivable losses	249	379
Depreciation and amortization	68	(43)
Deferred income tax charge (benefit)	(10)	15
Non-cash incentive compensation from Initial Stockholder	15	0
Net loss on fair value adjustments on debt	0	15
Net gain on sales of real estate loans and related trust assets	0	(731)
Net charge-offs on finance receivables held for sale	0	11
Net loss on repurchases and repayments of debt	0	7
Share-based compensation expense, net of forfeitures	6	4
Other	(13)	1
Cash flows due to changes in:
Other assets and other liabilities	37	48
Insurance claims and policyholder liabilities	22	36
Taxes receivable and payable	(49)	(28)
Accrued interest and finance charges	(1)	(8)
Restricted cash and cash equivalents not reinvested	0	(4)
Other, net	1	1
Net cash provided by operating activities	395	336
Cash flows from investing activities
Finance receivables originated or purchased, net of deferred origination costs	(2,437)	(1,914)
Principal collections on finance receivables	1,844	2,294
Sales and principal collections on finance receivables held for sale originated as held for investment	88	3,437
Available-for-sale investment securities purchased	(382)	(274)
Trading investment securities purchased	(1,465)	(1,085)
Available-for-sale investment securities called, sold, and matured	411	227
Trading investment securities called, sold, and matured	2,581	32
Change in restricted cash and cash equivalents	(46)	25
Proceeds from sale of real estate owned	12	51
Other, net	(13)	(4)
Net cash provided by investing activities	593	2,789
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions	1,929	672
Proceeds from issuance of common stock, net of offering costs	976	0
Repayment of long-term debt	(850)	(2,237)
Distributions to joint venture partners	(59)	(20)
Excess tax benefit from share-based compensation	2	0
Net cash provided by (used for) financing activities	1,998	(1,585)
Net change in cash and cash equivalents	2,986	1,540
Cash and cash equivalents at beginning of period	879	431
Cash and cash equivalents at end of period	3,865	1,971
Supplemental non-cash activities
Transfer of finance receivables to real estate owned	8	47
Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)	608	6,902
Unsettled investment security purchases and sales	$ 40	$ (29)

Business and Summary of Signifi

Business and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation Springleaf Holdings, Inc. (“SHI” or, collectively with its subsidiaries, whether directly or indirectly owned, “Springleaf,” the “Company,” “we,” “us,” or “our”) is a Delaware corporation, primarily owned by Springleaf Financial Holdings, LLC (the “Initial Stockholder”). At September 30, 2015 , the Initial Stockholder owned approximately 58% of SHI’s common stock. The Initial Stockholder is owned primarily by a private equity fund managed by an affiliate of Fortress Investment Group LLC (“Fortress”) and AIG Capital Corporation, a subsidiary of American International Group, Inc. (“AIG”). At September 30, 2015 , the economic interests of Fortress and AIG were 55% and 3% , respectively. SHI is a financial services holding company whose principal subsidiary is Springleaf Finance, Inc. (“SFI”). SFI’s principal subsidiary is Springleaf Finance Corporation (“SFC”), a financial services holding company with subsidiaries engaged in the consumer finance and insurance businesses. BASIS OF PRESENTATION We prepared our condensed consolidated financial statements using generally accepted accounting principles in the United States of America (“U.S. GAAP”). These statements are unaudited. The year-end condensed balance sheet data was derived from our audited financial statements, but does not include all disclosures required by U.S. GAAP. The statements include the accounts of SHI, its subsidiaries (all of which are wholly owned, except for certain indirect subsidiaries associated with a joint venture in which we own a 47% equity interest), and variable interest entities (“VIEs”) in which we hold a controlling financial interest and for which we are considered to be the primary beneficiary as of the financial statement date. We eliminated all material intercompany accounts and transactions. We made judgments, estimates, and assumptions that affect amounts reported in our condensed consolidated financial statements and disclosures of contingent assets and liabilities. In management’s opinion, the condensed consolidated financial statements include the normal, recurring adjustments necessary for a fair statement of results. Ultimate results could differ from our estimates. We evaluated the effects of and the need to disclose events that occurred subsequent to the balance sheet date. These statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 (“ 2014 Annual Report on Form 10-K”). We follow the same significant accounting policies for our interim reporting. To conform to the 2015 presentation, we reclassified certain prior period items as a result of our early adoption of accounting standards update (“ASU”) 2015-03, Interest - Imputation of Interest (“ASU 2015-03”). See Note 3 for further information on the adoption of this ASU. Prior Period Revisions During the fourth quarter of 2014, we discovered that our personal loans and loans included in the SpringCastle Portfolio deemed to be troubled debt restructured (“TDR”) finance receivables were previously incorrectly excluded in the related disclosures of our finance receivables and allowance for finance receivable losses. The applicable prior period amounts have been corrected in Notes 4 and 5 in this report. During the fourth quarter of 2014, we discovered that our restricted cash and cash equivalents were overstated and other assets were understated by $15 million in our condensed consolidated balance sheets at September 30, 2014, as we incorrectly included escrow advances on our real estate loans held for sale in cash and cash equivalents. This error also resulted in our cash flows due to a decrease in restricted cash and cash equivalents not reinvested to be overstated and cash flows due to an increase in other assets and other liabilities to be overstated within the operating activities section of our condensed consolidated statements of cash flows for the nine months ended September 30, 2014. The affected amounts for the 2014 period have been corrected in our condensed consolidated statements of cash flows in this report. This classification error was not material to any previously issued financial statements. During the second quarter of 2015, we discovered that we had not charged-off certain bankrupt accounts in our SpringCastle Portfolio and we identified an error in the calculation of the allowance for our TDR personal loans. As a result of these findings, we recorded an out-of-period adjustment in the second quarter of 2015, which increased provision for finance receivable losses by $8 million , decreased provision for income taxes by $3 million , and decreased basic and diluted earnings per share each by $0.03 for the three and six months ended June 30, 2015. During the second quarter of 2015, we identified incorrect allocations of our total assets disclosure within the segment footnote. We have evaluated the impact of these errors and concluded that they were not material to any previously issued financial statements, however, we have corrected the previously disclosed periods in Note 16 of this report. We will also correct the prior period segment disclosures presented in our applicable quarterly and annual reports as follows: (dollars in millions) Consumer Real Other Assets * March 31, 2015 $ 5,117 $ 3,613 $ 1,690 December 31, 2014 4,411 4,116 441 September 30, 2014 4,633 3,745 615 June 30, 2014 4,397 6,688 963 December 31, 2013 4,139 8,650 520 * The revised amounts do not reflect the retrospective reclassifications of our debt issuance costs previously recorded in other assets to long-term debt, as a result of our early adoption of ASU 2015-03. During the third quarter of 2015, we discovered that our cash equivalents in certificates of deposit and commercial paper, which totaled $165 million at December 31, 2014, were incorrectly presented as a Level 1 investment, instead of a Level 2 investment in our disclosure of the fair value hierarchy of our financial instruments in our 2014 Annual Report on Form 10-K. The affected fair value amount has been corrected in Note 17 of this report. This presentation error was not material to any previously issued financial statements.

Significant Transactions

Significant Transactions	9 Months Ended
	Sep. 30, 2015
Significant Transactions [Abstract]
Significant Transactions	Significant Transactions PENDING ACQUISITION OF ONEMAIN FINANCIAL On March 2, 2015, SHI entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with CitiFinancial Credit Company (“Citigroup”) to acquire OneMain Financial Holdings, LLC (formerly OneMain Financial Holdings, Inc.) (“OneMain”), which we refer to in this report as the “Proposed Acquisition”. The Stock Purchase Agreement provides that, upon the terms and subject to the conditions set forth therein, SHI will purchase from Citigroup all of the equity of OneMain for an aggregate purchase price of $4.25 billion in cash, which will be adjusted up or down, as applicable, by the amount by which OneMain’s stockholder’s equity as of the closing exceeds or is less than $1.94 billion . The Proposed Acquisition would bring together two branch-based consumer finance companies, with complementary strategies and locations, focused on the non-prime market in the United States. The parties’ respective obligations to consummate the Proposed Acquisition are subject to customary closing conditions, including (i) the expiration or early termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (the “HSR Act”); (ii) receipt of all consents, authorizations or approvals of all state regulatory authorities governing consumer lending and insurance in various states in which OneMain or any of its subsidiaries operates; (iii) the accuracy of the other party’s representations and warranties as of the closing date; and (iv) compliance by the other party with its covenants and agreements contained in the Stock Purchase Agreement (in the case of clauses (iii) and (iv), subject to customary materiality qualifiers). Under the Stock Purchase Agreement, we are required to take all action necessary to resolve any objection that antitrust enforcement authorities may assert with respect to the Proposed Acquisition, provided that we will not be required to commit or agree to divest, license or hold separate assets of the Company and/or OneMain that account for more than $677 million in revenue of the Company and/or OneMain, as the case may be, for the twelve months ended December 31, 2014. If the Stock Purchase Agreement is terminated as a result of the failure to obtain antitrust approvals, we will be required to pay Citigroup a termination fee of $213 million . Because the Proposed Acquisition is not likely to be a reportable transaction pursuant to the HSR Act, the parties do not plan to file premerger notification forms with the U.S. Department of Justice (the “DOJ”) and the Federal Trade Commission, and therefore are likely not subject to a mandatory HSR waiting period. On March 22, 2015, we were notified by the DOJ, Antitrust Division, that they would be reviewing the Proposed Acquisition from an antitrust perspective and we and OneMain subsequently met with, and provided information to, the DOJ staff on a voluntary basis. Thereafter, both parties received a voluntary request for information from the DOJ. On April 28, 2015, the DOJ also issued a Civil Investigative Demand (“CID”) to both parties. The voluntary request for information and the CID seek documentary materials and information regarding the Proposed Acquisition and the marketplace in which both parties operate. We have responded to the DOJ's request. On June 5, 2015, we, OneMain and the DOJ entered into a timing agreement whereby we and OneMain agreed not to consummate the Proposed Acquisition prior to September 10, 2015, in order to provide the DOJ with a sufficient opportunity to complete its review of the Proposed Acquisition from an antitrust perspective. In addition, we have been contacted by certain state Attorney General's offices, which may seek to coordinate their antitrust review of the Proposed Acquisition with the DOJ. The review of the Proposed Acquisition from an antitrust perspective has not yet been completed. The DOJ and certain state Attorneys General have expressed to us potential concerns with respect to the Proposed Acquisition. We have participated in discussions with the DOJ and certain states to obtain clearance to consummate the Proposed Acquisition and, as of September 30, 2015, have transferred $608 million of personal loans from held for investment to held for sale. EQUITY OFFERING On May 4, 2015 , we completed an offering of 27,864,525 shares of common stock, consisting of 19,417,476 shares of common stock offered by us and 8,447,049 shares of common stock offered by the Initial Stockholder. Citigroup Global Markets Inc., Goldman, Sachs & Co., Barclays Capital Inc., and Credit Suisse Securities (USA) LLC acted as joint book-running managers. The net proceeds from this sale to the Company were approximately $976 million , after deducting the underwriting discounts and commissions and additional offering-related expenses totaling $24 million . We intend to use the net proceeds of the offering, together with cash on hand, the proceeds from the sale of investment securities, and other funding options, to fund the Proposed Acquisition and/or for general corporate purposes, which may include debt repurchases and repayments, capital expenditures and other possible acquisitions. In connection with our initial public offering in October 2013, certain executives of Springleaf received a grant of incentive units in the Initial Stockholder. These incentive units are subject to their continued employment with the Company and provide benefits (in the form of distributions) in the event the Initial Stockholder makes distributions to one or more of its members that exceed certain specified amounts. In connection with the sale of our common stock by the Initial Stockholder, certain of the specified thresholds were satisfied. In accordance with Accounting Standards Codification Topic 710, Compensation-General, we recorded non-cash incentive compensation expense of $15 million in the second quarter of 2015 related to the incentive units.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED Troubled Debt Restructurings In January of 2014, the Financial Accounting Standards Board (the “FASB”) issued ASU 2014-04, Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure , which clarifies when an in substance repossession or foreclosure occurs — that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. The ASU requires a creditor to reclassify a collateralized consumer mortgage loan to real estate property upon obtaining legal title to the real estate collateral, or the borrower voluntarily conveying all interest in the real estate property to the lender to satisfy the loan through a deed in lieu of foreclosure or similar legal agreement. The amendments in this ASU became effective prospectively for the Company for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements. Debt Issuance Costs In April of 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest , which simplifies the presentation of debt issuance costs. Under this standard, debt issuance costs related to a note shall be reported in the balance sheet as a direct reduction from the face amount of that note. The ASU also clarifies that discount, premium or debt issuance costs shall not be classified as a deferred charge or deferred credit. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted for financial statements that have not been previously issued and must be applied retrospectively. We elected to early adopt this ASU as of June 30, 2015 and applied this ASU retrospectively. On June 30, 2015, we reclassified $32 million of debt issuance costs previously recorded in other assets to long-term debt. After retrospectively applying this new ASU, we also reclassified $29 million of debt issuance costs as of December 31, 2014 from other assets to long-term debt in our condensed consolidated balance sheet. We continue to report fees paid to access our conduit facilities in other assets. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements. In August of 2015, the FASB issued ASU 2015-15, Interest - Imputation of Interest , to clarify that debt issuance costs associated with line-of-credit arrangements are to be deferred and amortized over the term of the arrangement. The amendment also acknowledged absence of authoritative guidance within previously issued ASU 2015-03 for debt issuance costs related to line-of-credit arrangements. The ASU is effective immediately. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements, as we were already in compliance with these amendments. Push Down Accounting In May of 2015, the FASB issued ASU 2015-08, Business Combinations-Pushdown Accounting , to remove Securities and Exchange Commission (the “SEC”) staff guidance on pushdown accounting from the Accounting Standards Codification. The SEC staff had previously rescinded its guidance with the issuance of Staff Accounting Bulletin No. 115 when the FASB issued its own pushdown accounting guidance in November 2014. The ASU is effective immediately. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements. Plan Accounting In July of 2015, the FASB issued ASU 2015-12, Plan Accounting , to simplify certain aspects of employee benefit plan (“EBP”) accounting while satisfying the needs of users of financial statements, including plan participants. The new guidance simplifies the measurement of fully benefit-responsive investment contracts and disclosures about plan investments. It also allows an EBP with a fiscal year end that doesn’t coincide with the end of a calendar month to choose a simpler way of measuring its investments and investment-related accounts. The ASU is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. We elected to early adopt this ASU as of September 30, 2015. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements, as we were already in compliance with these amendments. ACCOUNTING PRONOUNCEMENTS TO BE ADOPTED Revenue Recognition In May of 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , which provides a consistent revenue accounting model across industries. In August of 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers - Deferral of the Effective Date , to defer the effective date of the new revenue recognition standard by one year, which would result in the ASU becoming effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Many of our revenue sources are not within the scope of this new standard, and we are evaluating whether the adoption of this ASU for those revenue sources that are in scope will have a material effect on our consolidated financial statements. Consolidation In February of 2015, the FASB issued ASU 2015-02, Consolidation - Amendments to the Consolidation Analysis , which amends the current consolidation guidance and ends the deferral granted to reporting entities with variable interests in investment companies from applying certain prior amendments to the VIE guidance. This ASU is applicable to entities across all industries, particularly those that use limited partnerships as well as entities in any industry that outsource decision making or have historically applied related party tiebreaker in their consolidation analysis and disclosures. The standard is effective for public business entities for annual periods beginning after December 15, 2015. Early adoption is allowed, including in any interim period. We are currently evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Cloud Computing Software In April of 2015, the FASB issued ASU 2015-05, Intangibles-Goodwill and Other Internal-Use Software , to provide guidance on a customer’s accounting for fees paid in a cloud computing arrangement (“CCA”). Under the new standard, customers will apply the same criteria as vendors to determine whether a CCA contains a software license or is solely a service contract. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. We evaluated the potential impact of adopting this ASU and concluded that it will not have a material effect on our consolidated financial statements. Fair Value Measurement Disclosures In May of 2015, the FASB issued ASU 2015-07, Fair Value Measurement , to remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. We have a few investments for which fair value is measured using the net asset value per share practical expedient. However, application of this ASU will not have a material effect on our consolidated financial statements. Short-Duration Insurance Contracts Disclosures In May of 2015, the FASB issued ASU 2015-09, Disclosures about Short-Duration Contracts , to address enhanced disclosure requirements for insurers relating to short-duration insurance contract claims and unpaid claims liability rollforward for long and short-duration contracts. The disclosures are intended to provide users of financial statements with more transparent information about an insurance entity’s initial claim estimates and subsequent adjustments to those estimates, the methodologies and judgments used to estimate claims, and the timing, frequency, and severity of claims. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. We are currently evaluating the potential impact of adopting the ASU on our consolidated financial statements. Technical Corrections and Improvements In June of 2015, the FASB issued ASU 2015-10, Technical Corrections and Improvements , to correct differences between original guidance and the Codification, clarify the guidance, correct references and make minor improvements affecting a variety of topics. While most of the amendments are not expected to have a significant effect on practice, some of them could change practice for some entities. The amendments to transition guidance are effective for fiscal years beginning after December 15, 2015; all other changes are effective upon issuance of this ASU. We are currently evaluating the potential impact of this ASU on our consolidated financial statements. Business Combination Adjustments In September of 2015, the FASB issued ASU 2015-16, Business Combinations , to eliminate the requirement to restate prior period financial statements for measurement period adjustments. This update requires the cumulative impact of a measurement period adjustment, including the impact on prior periods, to be recognized in the reporting period in which the adjustment is identified. The ASU is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. We are currently evaluating the potential impact of this ASU on our consolidated financial statements. We do not believe that any other recently issued, but not yet effective, accounting pronouncements, if adopted, would have a material impact on our consolidated financial statements or disclosures.

Finance Receivables

Finance Receivables	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Finance Receivables	Finance Receivables Our finance receivable types include personal loans, the SpringCastle Portfolio, real estate loans, and retail sales finance as defined below: • Personal loans — are secured by consumer goods, automobiles, or other personal property or are unsecured, typically non-revolving with a fixed-rate and a fixed, original term of two to five years . At September 30, 2015 , $2.3 billion of personal loans, or 55% , were secured by collateral consisting of titled personal property (such as automobiles) and $1.8 billion , or 45% , were secured by consumer household goods or other items of personal property or were unsecured. • SpringCastle Portfolio — are loans acquired through a joint venture in which we own a 47% equity interest (the “SpringCastle Portfolio”). These loans include unsecured loans and loans secured by subordinate residential real estate mortgages (which we service as unsecured loans due to the fact that the liens are subordinated to superior ranking security interests). The SpringCastle Portfolio includes both closed-end accounts and open-end lines of credit. These loans are in a liquidating status and vary in substance and form from our originated loans. • Real estate loans — are secured by first or second mortgages on residential real estate, generally have maximum original terms of 360 months , and are considered non-conforming. At September 30, 2015 , $209 million of real estate loans, or 38% , were secured by first mortgages and $338 million , or 62% , were secured by second mortgages. Real estate loans may be closed-end accounts or open-end home equity lines of credit and are primarily fixed-rate products. Since we ceased real estate lending in January of 2012, our real estate loans are in a liquidating status. • Retail sales finance — include retail sales contracts and revolving retail accounts. Retail sales contracts are closed-end accounts that represent a single purchase transaction. Revolving retail accounts are open-end accounts that can be used for financing repeated purchases from the same merchant. Retail sales contracts are secured by the personal property designated in the contract and generally have maximum original terms of 60 months . Revolving retail accounts are secured by the goods purchased and generally require minimum monthly payments based on the amount financed calculated after the most recent purchase or outstanding balances. Our retail sales finance portfolio is also in a liquidating status. Components of net finance receivables by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2015 Gross receivables * $ 4,763 $ 1,635 $ 543 $ 30 $ 6,971 Unearned finance charges and points and fees (802 ) — — (3 ) (805 ) Accrued finance charges 57 32 4 — 93 Deferred origination costs 43 — — — 43 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Gross receivables * $ 4,493 $ 1,941 $ 621 $ 52 $ 7,107 Unearned finance charges and points and fees (765 ) — (1 ) (5 ) (771 ) Accrued finance charges 58 38 5 1 102 Deferred origination costs 45 — — — 45 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483 * Gross receivables are defined as follows: • finance receivables purchased as a performing receivable — gross finance receivables equal the unpaid principal balance (“UPB”) for interest bearing accounts and the gross remaining contractual payments for precompute accounts; additionally, the remaining unearned discount, net of premium established at the time of purchase, is included in both interest bearing and precompute accounts to reflect the finance receivable balance at its fair value; • finance receivables originated subsequent to the Fortress Acquisition (as defined in the Purchased Credit Impaired Finance Receivables section located in this Note) — gross finance receivables equal the UPB for interest bearing accounts and the gross remaining contractual payments for precompute accounts; and • purchased credit impaired finance receivables — gross finance receivables equal the remaining estimated cash flows less the current balance of accretable yield on the purchased credit impaired accounts. Included in the table above are finance receivables associated with securitizations that remain on our balance sheet. At September 30, 2015 and December 31, 2014 , the carrying values of these finance receivables totaled $2.1 billion and $1.9 billion , respectively, for our personal loans and $1.7 billion and $2.0 billion , respectively, for our SpringCastle Portfolio loans. Unused lines of credit extended to customers by the Company were as follows: (dollars in millions) September 30, December 31, Personal loans $ 2 $ 1 SpringCastle Portfolio 366 354 Real estate loans 31 31 Total $ 399 $ 386 Unused lines of credit on our personal loans can be suspended if one of the following occurs: (1) the value of the collateral declines significantly; (2) we believe the borrower will be unable to fulfill the repayment obligations; or (3) any other default by the borrower of any material obligation under the agreement occurs. Unused lines of credit on our real estate loans and the SpringCastle Portfolio secured by subordinate residential real estate mortgages can be suspended if one of the following occurs: (1) the value of the real estate declines significantly below the property’s initial appraised value; (2) we believe the borrower will be unable to fulfill the repayment obligations because of a material change in the borrower’s financial circumstances; or (3) any other default by the borrower of any material obligation under the agreement occurs. Unused lines of credit on home equity lines of credit, including the SpringCastle Portfolio secured by subordinate residential real estate mortgages, can be terminated for delinquency. Unused lines of credit on the unsecured loans of the SpringCastle Portfolio can be terminated at our discretion. CREDIT QUALITY INDICATORS We consider the delinquency status and nonperforming status of the finance receivable as our credit quality indicators. We accrue finance charges on revolving retail finance receivables up to the date of charge-off at 180 days past due. Our revolving retail finance receivables that were more than 90 days past due and still accruing finance charges at September 30, 2015 and at December 31, 2014 were immaterial . Our personal loans, SpringCastle Portfolio, and real estate loans do not have finance receivables that were more than 90 days past due and still accruing finance charges. Delinquent Finance Receivables We consider the delinquency status of the finance receivable as our primary credit quality indicator. We monitor delinquency trends to manage our exposure to credit risk. We consider finance receivables 60 days or more past due as delinquent and consider the likelihood of collection to decrease at such time. The following is a summary of net finance receivables by type and by days delinquent: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2015 Net finance receivables: 60-89 days past due $ 48 $ 24 $ 16 $ 1 $ 89 90-119 days past due 36 15 4 — 55 120-149 days past due 29 11 3 — 43 150-179 days past due 24 9 2 — 35 180 days or more past due 2 1 12 — 15 Total delinquent finance receivables 139 60 37 1 237 Current 3,851 1,562 497 25 5,935 30-59 days past due 71 45 13 1 130 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Net finance receivables: 60-89 days past due $ 37 $ 31 $ 12 $ 1 $ 81 90-119 days past due 30 19 9 — 58 120-149 days past due 24 16 5 1 46 150-179 days past due 21 14 4 — 39 180 days or more past due 2 2 12 — 16 Total delinquent finance receivables 114 82 42 2 240 Current 3,661 1,839 565 45 6,110 30-59 days past due 56 58 18 1 133 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483 Nonperforming Finance Receivables We also monitor finance receivable performance trends to evaluate the potential risk of future credit losses. At 90 days or more past due, we consider our finance receivables to be nonperforming. Once the finance receivables are considered as nonperforming, we consider them to be at increased risk for credit loss. Our performing and nonperforming net finance receivables by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Retail Total September 30, 2015 Performing $ 3,970 $ 1,631 $ 526 $ 27 $ 6,154 Nonperforming 91 36 21 — 148 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Performing $ 3,754 $ 1,928 $ 595 $ 47 $ 6,324 Nonperforming 77 51 30 1 159 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483 PURCHASED CREDIT IMPAIRED FINANCE RECEIVABLES In connection with a joint venture acquisition of the SpringCastle Portfolio (the “SCP Loans”) on April 1, 2013, SHI owns a 47% equity interest in the SCP Loans, certain of which were determined to be credit impaired on the date of purchase. As a result of the significance of the ownership interest acquired by FCFI Acquisition LLC, an affiliate of Fortress (the “Fortress Acquisition”), we revalued our assets and liabilities based on their fair value at the date of the Fortress Acquisition, November 30, 2010, in accordance with business combination standards (“push-down accounting”) and adjusted the carrying value of our finance receivables (the “FA Loans”) to their fair value. We report the carrying amount (which initially was the fair value) of our purchased credit impaired finance receivables in net finance receivables, less allowance for finance receivable losses or in finance receivables held for sale as discussed below. At September 30, 2015 and December 31, 2014 , finance receivables held for sale totaled $797 million and $205 million , respectively. See Note 6 for further information on our finance receivables held for sale, which consist of certain of our personal loans and non-core real estate loans. Finance receivables held for sale include purchased credit impaired finance receivables as well as TDR finance receivables. Therefore, we are presenting the financial information for our purchased credit impaired finance receivables and TDR finance receivables combined for finance receivables held for investment and finance receivables held for sale in the tables below. Information regarding our purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) SCP Loans FA Loans * Total September 30, 2015 Carrying amount, net of allowance $ 251 $ 86 $ 337 Outstanding balance 515 139 654 Allowance for purchased credit impaired finance receivable losses — 5 5 December 31, 2014 Carrying amount, net of allowance $ 340 $ 93 $ 433 Outstanding balance 628 151 779 Allowance for purchased credit impaired finance receivable losses — 5 5 * Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) FA Loans September 30, 2015 Carrying amount, net of allowance $ 62 Outstanding balance 91 December 31, 2014 Carrying amount, net of allowance $ 68 Outstanding balance 99 The allowance for purchased credit impaired finance receivable losses at September 30, 2015 and December 31, 2014 , reflected the net carrying value of the purchased credit impaired FA Loans being higher than the present value of the expected cash flows. Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) SCP Loans FA Loans Total Three Months Ended September 30, 2015 Balance at beginning of period $ 474 $ 13 $ 487 Accretion (a) (20 ) (3 ) (23 ) Disposals of finance receivables (b) (7 ) — (7 ) Balance at end of period $ 447 $ 10 $ 457 Three Months Ended September 30, 2014 Balance at beginning of period $ 267 $ 627 $ 894 Accretion (a) (16 ) (20 ) (36 ) Transfers due to finance receivables sold — (564 ) (564 ) Disposals of finance receivables (b) (5 ) (4 ) (9 ) Balance at end of period $ 246 $ 39 $ 285 Nine Months Ended September 30, 2015 Balance at beginning of period $ 541 $ 19 $ 560 Accretion (a) (66 ) (8 ) (74 ) Disposals of finance receivables (b) (28 ) (1 ) (29 ) Balance at end of period $ 447 $ 10 $ 457 Nine Months Ended September 30, 2014 Balance at beginning of period $ 325 $ 772 $ 1,097 Accretion (a) (53 ) (76 ) (129 ) Reclassifications to nonaccretable difference (c) (1 ) — (1 ) Transfers due to finance receivables sold — (642 ) (642 ) Disposals of finance receivables (b) (25 ) (15 ) (40 ) Balance at end of period $ 246 $ 39 $ 285 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Accretion $ 2 $ 11 $ 5 $ 11 (b) Disposals of finance receivables represent finance charges forfeited due to purchased credit impaired finance receivables charged off during the period. (c) Reclassification to nonaccretable difference represents the decreases in accretion resulting from lower estimated undiscounted cash flows. TROUBLED DEBT RESTRUCTURED FINANCE RECEIVABLES Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total September 30, 2015 TDR gross finance receivables (b) $ 30 $ 14 $ 199 $ 243 TDR net finance receivables 29 12 200 241 Allowance for TDR finance receivable losses 7 4 30 41 December 31, 2014 TDR gross finance receivables (b) $ 22 $ 11 $ 196 $ 229 TDR net finance receivables 22 10 196 228 Allowance for TDR finance receivable losses 1 3 32 36 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total September 30, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94 December 31, 2014 TDR gross finance receivables $ — $ 91 $ 91 TDR net finance receivables — 91 91 (b) As defined earlier in this Note. We have no commitments to lend additional funds on our TDR finance receivables. TDR average net receivables held for investment and held for sale and finance charges recognized on TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans SpringCastle Portfolio Real Estate Loans * Total Three Months Ended September 30, 2015 TDR average net receivables $ 30 $ 12 $ 199 $ 241 TDR finance charges recognized — 1 2 3 Three Months Ended September 30, 2014 TDR average net receivables $ 17 $ 7 $ 799 $ 823 TDR finance charges recognized — — 10 10 Nine Months Ended September 30, 2015 TDR average net receivables $ 28 $ 12 $ 197 $ 237 TDR finance charges recognized 2 1 8 11 Nine Months Ended September 30, 2014 TDR average net receivables $ 15 $ 4 $ 1,194 $ 1,213 TDR finance charges recognized 1 — 45 46 * TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2015 TDR average net receivables $ 92 TDR finance charges recognized 2 Three Months Ended September 30, 2014 TDR average net receivables $ 411 TDR finance charges recognized 3 Nine Months Ended September 30, 2015 TDR average net receivables $ 91 TDR finance charges recognized 4 Nine Months Ended September 30, 2014 TDR average net receivables $ 411 TDR finance charges recognized 3 Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 8 $ 1 $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 1 $ 3 $ 7 Other (b) 3 — 2 5 Total post-modification TDR net finance receivables $ 6 $ 1 $ 5 $ 12 Number of TDR accounts 1,557 142 95 1,794 Three Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ 5 $ 3 $ 29 $ 37 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 3 $ 25 $ 31 Other (b) 2 — 4 6 Total post-modification TDR net finance receivables $ 5 $ 3 $ 29 $ 37 Number of TDR accounts 1,127 367 405 1,899 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 24 $ 5 $ 16 $ 45 Post-modification TDR net finance receivables: Rate reduction $ 11 $ 5 $ 12 $ 28 Other (b) 9 — 4 13 Total post-modification TDR net finance receivables $ 20 $ 5 $ 16 $ 41 Number of TDR accounts 4,900 550 272 5,722 Nine Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ 11 $ 8 $ 211 $ 230 Post-modification TDR net finance receivables: Rate reduction $ 7 $ 8 $ 155 $ 170 Other (b) 4 — 45 49 Total post-modification TDR net finance receivables $ 11 $ 8 $ 200 $ 219 Number of TDR accounts 2,680 933 2,301 5,914 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 50 33 83 Three Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ — $ 6 $ 6 Post-modification TDR net finance receivables $ — $ 7 $ 7 Number of TDR accounts — 89 89 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 4 $ 4 Post-modification TDR net finance receivables * $ — $ 5 $ 5 Number of TDR accounts 50 77 127 Nine Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ — $ 6 $ 6 Post-modification TDR net finance receivables $ — $ 7 $ 7 Number of TDR accounts — 89 89 * Pre-modification and post-modification TDR personal loans held for sale for the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above. (b) “Other” modifications include extension of term and forgiveness of principal or interest. Net finance receivables held for investment and held for sale that were modified as TDR finance receivables within the previous 12 months and for which there was a default during the period to cause the TDR finance receivables to be considered nonperforming (90 days or more past due) were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended September 30, 2015 TDR net finance receivables (b) (c) $ 1 $ — $ 1 $ 2 Number of TDR accounts 343 26 9 378 Three Months Ended September 30, 2014 TDR net finance receivables (b) (c) $ — $ — $ 2 $ 2 Number of TDR accounts 42 12 54 108 Nine Months Ended September 30, 2015 TDR net finance receivables (b) $ 3 $ 1 $ 2 $ 6 Number of TDR accounts 857 122 35 1,014 Nine Months Ended September 30, 2014 TDR net finance receivables (b) (c) $ — $ — $ 31 $ 31 Number of TDR accounts 74 12 488 574 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2015 TDR net finance receivables * $ — Number of TDR accounts 1 Three Months Ended September 30, 2014 TDR net finance receivables $ 2 Number of TDR accounts 30 Nine Months Ended September 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 14 Nine Months Ended September 30, 2014 TDR net finance receivables $ 2 Number of TDR accounts 30 * TDR real estate loans held for sale for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above. (b) Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. (c) TDR personal loans and SpringCastle Portfolio loans for the three and nine months ended September 30, 2014 and TDR SpringCastle Portfolio loans for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above.

Allowance for Finance Receivabl

Allowance for Finance Receivable Losses	9 Months Ended
	Sep. 30, 2015
Loans and Leases Receivable, Allowance [Abstract]
Allowance for Finance Receivable Losses	Allowance for Finance Receivable Losses Changes in the allowance for finance receivable losses by finance receivable type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Consolidated Total Three Months Ended September 30, 2015 Balance at beginning of period $ 141 $ 3 $ 35 $ 1 $ 180 Provision for finance receivable losses 60 20 2 — 82 Charge-offs (57 ) (22 ) (4 ) — (83 ) Recoveries 10 3 2 — 15 Reduction in the carrying value of personal loans transferred to finance receivables held for sale (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 35 $ 1 $ 193 Three Months Ended September 30, 2014 Balance at beginning of period $ 107 $ 1 $ 259 $ 1 $ 368 Provision for finance receivable losses 58 29 15 1 103 Charge-offs (47 ) (32 ) (13 ) (1 ) (93 ) Recoveries 7 3 1 — 11 Reduction in the carrying value of real estate loans transferred to finance receivables held for sale (b) — — (225 ) — (225 ) Balance at end of period $ 125 $ 1 $ 37 $ 1 $ 164 Nine Months Ended September 30, 2015 Balance at beginning of period $ 132 $ 3 $ 40 $ 1 $ 176 Provision for finance receivable losses 172 70 6 1 249 Charge-offs (178 ) (78 ) (15 ) (2 ) (273 ) Recoveries 28 9 4 1 42 Reduction in the carrying value of personal loans transferred to finance receivables held for sale (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 35 $ 1 $ 193 Nine Months Ended September 30, 2014 Balance at beginning of period $ 95 $ 1 $ 235 $ 2 $ 333 Provision for finance receivable losses 151 122 103 3 379 Charge-offs (139 ) (133 ) (67 ) (4 ) (343 ) Recoveries (c) 18 11 6 — 35 Reduction in the carrying value of real estate loans transferred to finance receivables held for sale (b) — — (240 ) — (240 ) Balance at end of period $ 125 $ 1 $ 37 $ 1 $ 164 (a) During the three and nine months ended September 30, 2015 , we reduced the carrying value of certain personal loans to $608 million as a result of the transfer of these finance receivables from finance receivables held for investment to finance receivables held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. (b) During the three and nine months ended September 30, 2014 , we reduced the carrying value of certain real estate loans to $5.4 billion and $6.7 billion , respectively, as a result of the transfer of these loans from finance receivables held for investment to finance receivables held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. (c) Recoveries during the nine months ended September 30, 2014 included $2 million of real estate loan recoveries resulting from a sale of previously charged-off real estate loans in March of 2014. Included in the allowance for finance receivable losses are allowances associated with securitizations that totaled $131 million at September 30, 2015 and $72 million at December 31, 2014 . See Note 10 for further discussion regarding our securitization transactions. The carrying value charged-off for purchased credit impaired loans was as follows: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Charged-off against provision for finance receivable losses: SCP Loans $ 4 $ 7 $ 17 $ 39 FA Loans gross charge-offs * — 2 1 15 * Represents additional impairment recognized, subsequent to the establishment of the pools of purchased credit impaired loans, related to loans that have been foreclosed and transferred to real estate owned status. The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2015 Allowance for finance receivable losses for finance receivables: Collectively evaluated for impairment $ 146 $ — $ — $ 1 $ 147 Acquired with deteriorated credit quality (purchased credit impaired finance receivables) — — 5 — 5 Individually evaluated for impairment (TDR finance receivables) 7 4 30 — 41 Total $ 153 $ 4 $ 35 $ 1 $ 193 Finance receivables: Collectively evaluated for impairment $ 4,034 $ 1,404 $ 410 $ 27 $ 5,875 Purchased credit impaired finance receivables — 251 29 — 280 TDR finance receivables 27 12 108 — 147 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Allowance for finance receivable losses for finance receivables: Collectively evaluated for impairment $ 131 $ — $ 3 $ 1 $ 135 Purchased credit impaired finance receivables — — 5 — 5 TDR finance receivables 1 3 32 — 36 Total $ 132 $ 3 $ 40 $ 1 $ 176 Finance receivables: Collectively evaluated for impairment $ 3,809 $ 1,629 $ 490 $ 48 $ 5,976 Purchased credit impaired finance receivables — 340 30 — 370 TDR finance receivables 22 10 105 — 137 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483

Finance Receivables Held for Sa

Finance Receivables Held for Sale	9 Months Ended
	Sep. 30, 2015
Receivables Held-for-sale [Abstract]
Finance Receivables Held for Sale	Finance Receivables Held for Sale We report finance receivables held for sale of $797 million at September 30, 2015 and $205 million at December 31, 2014 , which are carried at the lower of cost or fair value. At September 30, 2015 and December 31, 2014, the fair value of our finance receivables held for sale exceeded the cost. We used the aggregate basis to determine the lower of cost or fair value of the finance receivables held for sale. We also separately present the interest income on our finance receivables held for sale as interest income on finance receivables held for sale originated as held for investment on our condensed consolidated statements of operations, which totaled $4 million and $13 million for the three and nine months ended September 30, 2015 , respectively, compared to $48 million and $55 million for the three and nine months ended September 30, 2014 , respectively. On September 30, 2015, we transferred $608 million of personal loans (after deducting allowance for finance receivable losses) from held for investment to held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. See Note 2 for further information on this transfer. During the three and nine months ended September 30, 2014 , we transferred real estate loans totaling $5.4 billion and $6.7 billion , respectively, (after deducting allowance for finance receivable losses) from held for investment to held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. During the three and nine months ended September 30, 2014 , we sold the finance receivables held for sale totaling $4.8 billion and $6.1 billion , respectively, and recorded net gains of $641 million and $731 million , respectively. At September 30, 2015 , these real estate loans held for sale totaled $189 million .

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities AVAILABLE-FOR-SALE SECURITIES Cost/amortized cost, unrealized gains and losses, and fair value of available-for-sale securities by type were as follows: (dollars in millions) Cost/ Amortized Cost Unrealized Gains Unrealized Losses Fair Value September 30, 2015 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 69 $ — $ (1 ) $ 68 Obligations of states, municipalities, and political subdivisions 83 1 — 84 Corporate debt 248 3 (6 ) 245 Mortgage-backed, asset-backed, and collateralized: Residential mortgage-backed securities (“RMBS”) 79 — — 79 Commercial mortgage-backed securities (“CMBS”) 39 — — 39 Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) 32 — — 32 Total bonds 550 4 (7 ) 547 Preferred stock 16 — — 16 Other long-term investments 1 — — 1 Total (a) $ 567 $ 4 $ (7 ) $ 564 December 31, 2014 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 61 $ 3 $ — $ 64 Obligations of states, municipalities, and political subdivisions 99 3 — 102 Certificates of deposit and commercial paper (b) 3 — — 3 Corporate debt 256 12 (1 ) 267 Mortgage-backed, asset-backed, and collateralized: RMBS 71 2 — 73 CMBS 25 — (1 ) 24 CDO/ABS 63 — — 63 Total bonds 578 20 (2 ) 596 Preferred stock 7 — — 7 Other long-term investments 1 — — 1 Total (a) $ 586 $ 20 $ (2 ) $ 604 (a) Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 2015 and December 31, 2014 , which is classified as a restricted investment and carried at cost. (b) Includes certificates of deposit pledged as collateral, totaling $2 million at December 31, 2014, primarily to support bank lines of credit. As of September 30, 2015 and December 31, 2014 , we had no available-for-sale securities with other-than-temporary impairments recognized in accumulated other comprehensive income or loss. Fair value and unrealized losses on available-for-sale securities by type and length of time in a continuous unrealized loss position were as follows: Less Than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Unrealized Losses * Fair Value Unrealized Losses * Fair Value Unrealized Losses September 30, 2015 Bonds: U.S. government and government sponsored entities $ 51 $ (1 ) $ — $ — $ 51 $ (1 ) Obligations of states, municipalities, and political subdivisions 15 — 11 — 26 — Corporate debt 107 (6 ) 14 — 121 (6 ) RMBS 8 — — — 8 — CMBS 19 — 7 — 26 — CDO/ABS 16 — — — 16 — Total bonds 216 (7 ) 32 — 248 (7 ) Preferred stock 6 — — — 6 — Other long-term investments 1 — — — 1 — Total $ 223 $ (7 ) $ 32 $ — $ 255 $ (7 ) December 31, 2014 Bonds: U.S. government and government sponsored entities $ — $ — $ 1 $ — $ 1 $ — Obligations of states, municipalities, and political subdivisions 27 — 1 — 28 — Corporate debt 36 (1 ) 6 — 42 (1 ) RMBS 9 — — — 9 — CMBS 16 (1 ) 2 — 18 (1 ) CDO/ABS 46 — — — 46 — Total bonds 134 (2 ) 10 — 144 (2 ) Preferred stock 6 — — — 6 — Total $ 140 $ (2 ) $ 10 $ — $ 150 $ (2 ) * Unrealized losses on certain available-for-sale securities were less than $ 1 million and, therefore, are not quantified in the table above. We continue to monitor unrealized loss positions for potential impairments. During the three and nine months ended September 30, 2015 and 2014 , we did not recognize any other-than-temporary impairment credit loss write-downs to investment revenues. During the three and nine months ended September 30, 2015 and 2014 , there were no additions or reductions in the cumulative amount of credit losses (recognized in earnings) on other-than-temporarily impaired available-for-sale securities. The fair values of available-for-sale securities sold or redeemed and the resulting realized gains, realized losses, and net realized gains were as follows: (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Fair value $ 168 $ 108 $ 374 $ 215 Realized gains $ 4 $ 5 $ 15 $ 7 Realized losses — — (1 ) — Net realized gains $ 4 $ 5 $ 14 $ 7 Contractual maturities of fixed-maturity available-for-sale securities at September 30, 2015 were as follows: (dollars in millions) Fair Value Amortized Cost Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities: Due in 1 year or less $ 72 $ 72 Due after 1 year through 5 years 150 150 Due after 5 years through 10 years 57 57 Due after 10 years 118 121 Mortgage-backed, asset-backed, and collateralized securities 150 150 Total $ 547 $ 550 Actual maturities may differ from contractual maturities since borrowers may have the right to call or prepay obligations. We may sell investment securities before maturity to achieve corporate requirements and investment strategies. The fair value of bonds on deposit with insurance regulatory authorities totaled $11 million and $12 million at September 30, 2015 and December 31, 2014 , respectively. TRADING SECURITIES The fair value of trading securities by type was as follows: (dollars in millions) September 30, December 31, Fixed maturity trading securities: Bonds: U.S. government and government sponsored entities $ 783 $ 303 Obligations of states, municipalities, and political subdivisions — 14 Certificates of deposit and commercial paper — 238 Non-U.S. government and government sponsored entities — 20 Corporate debt 196 1,056 Mortgage-backed, asset-backed, and collateralized: RMBS 2 36 CMBS 45 151 CDO/ABS 151 512 Total $ 1,177 $ 2,330 The net unrealized and realized gains (losses) on our trading securities, which we report in investment revenues, were as follows: (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net unrealized gains (losses) on trading securities held at period end $ (1 ) $ (2 ) $ 3 $ (1 ) Net realized losses on trading securities sold or redeemed (1 ) — (2 ) — Total $ (2 ) $ (2 ) $ 1 $ (1 )

Transactions with Affiliates of

Transactions with Affiliates of Fortress or AIG	9 Months Ended
	Sep. 30, 2015
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Transactions with Affiliates of Fortress or AIG	Transactions with Affiliates of Fortress or AIG SUBSERVICING AGREEMENT Nationstar Mortgage LLC (“Nationstar”) subservices the real estate loans of certain indirect subsidiaries (collectively, the “Owners”). Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. The Owners paid Nationstar subservicing fees of less than $1 million for the three months ended September 30, 2015 , and $1 million for the nine months ended September 30, 2015 , compared to $1 million and $5 million for the three and nine months ended September 30, 2014 , respectively. As a result of the sales of our real estate loans during 2014 (some of which were serviced by Nationstar) and the sale of certain mortgage servicing rights in 2014, our exposure to these affiliated services is reduced. INVESTMENT MANAGEMENT AGREEMENT Logan Circle Partners, L.P. (“Logan Circle”) provides investment management services for our investments. Logan Circle is a wholly owned subsidiary of Fortress. Costs and fees incurred for these investment management services were under $1 million for the three months ended September 30, 2015 and 2014 , and $1 million for the nine months ended September 30, 2015 and 2014 . REINSURANCE AGREEMENTS Merit Life Insurance Co. (“Merit”), our indirect wholly owned subsidiary, enters into reinsurance agreements with subsidiaries of AIG, for reinsurance of various group annuity, credit life, and credit accident and health insurance where Merit reinsures the risk of loss. The reserves for this business fluctuate over time and, in some instances, are subject to recapture by the insurer. Reserves recorded by Merit for reinsurance agreements with subsidiaries of AIG totaled $43 million and $44 million at September 30, 2015 and December 31, 2014 , respectively. INSURANCE COVERAGE We hold various insurance policies with AIG subsidiaries covering liabilities of directors and officers, errors and omissions, lawyers, employment practices, fiduciary, and fidelity bond. Premium expenses on these policies were under $1 million for the three months ended September 30, 2015 and 2014 and $1 million for the nine months ended September 30, 2015 and 2014 . JOINT VENTURE Certain subsidiaries of New Residential Investment Corp. (“NRZ”), own a 30% equity interest in the joint venture that acquired the SpringCastle Portfolio, in which we own a 47% equity interest. NRZ is managed by an affiliate of Fortress. THIRD STREET DISPOSITION On March 6, 2014, we entered into an agreement to sell, subject to certain closing conditions, all of our interest in the mortgage-backed retained certificates related to a securitization transaction completed in 2009 to Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPFS”). Concurrently, NRZ and MLPFS entered into an agreement pursuant to which NRZ agreed to purchase approximately 75% of these retained certificates. NRZ is managed by an affiliate of Fortress. MSR SALE SFC and MorEquity, Inc. (“MorEquity”), a wholly owned subsidiary of SFC, entered into an agreement, dated and effective August 1, 2014, to sell the servicing rights of the mortgage loans primarily underlying the mortgage securitizations completed during 2011 through 2013 to Nationstar for a purchase price of $39 million (the “MSR Sale”). From the closing of the MSR Sale on August 29, 2014, until the servicing transfer on September 30, 2014, we continued to service certain loans on behalf of Nationstar under an interim servicing agreement. At December 31, 2014 , the receivable from Nationstar for our interim servicing fees totaled $1 million . In May of 2015, Nationstar paid off the remaining balance of $1 million of this receivable. Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar.

Long-term Debt

Long-term Debt	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt Principal maturities of long-term debt (excluding projected securitization repayments by period) by type of debt at September 30, 2015 were as follows: (dollars in millions) Medium Term Notes Securitizations Junior Subordinated Debt Total Interest rates (a) 5.25%-8.25% 1.87%-6.82% 6.00 % Fourth quarter 2015 $ 750 $ — $ — $ 750 First quarter 2016 — — — — Second quarter 2016 — — — — Third quarter 2016 375 — — 375 Remainder of 2016 — — — — 2017 1,902 — — 1,902 2018 — — — — 2019 700 — — 700 2020-2067 1,250 — 350 1,600 Securitizations (b) — 4,784 — 4,784 Total principal maturities $ 4,977 $ 4,784 $ 350 $ 10,111 Total carrying amount (c) $ 4,613 $ 4,771 $ 171 $ 9,555 Debt issuance costs (d) $ (13 ) $ (17 ) $ — $ (30 ) (a) The interest rates shown are the range of contractual rates in effect at September 30, 2015 . (b) Securitizations are not included in above maturities by period due to their variable monthly repayments. See Note 10 for further information on our long-term debt associated with securitizations. (c) The net carrying amount of our long-term debt associated with certain securitizations that were either (1) issued at a premium or discount or (2) revalued at a premium or discount based on its fair value at the time of the Fortress Acquisition or (3) recorded at fair value on a recurring basis in circumstances when the embedded derivative within the securitization structure cannot be separately accounted for at fair value. (d) As a result of our early adoption of ASU 2015-03 in June of 2015, we report debt issuance costs as a direct deduction from long-term debt. GUARANTY AGREEMENTS On December 3, 2014, SHI entered into an Indenture and First Supplemental Indenture pursuant to which it agreed to fully and unconditionally guarantee the payments of principal, premium (if any) and interest on $700 million of 5.25% of Senior Notes due 2019 issued by SFC. As of September 30, 2015 , approximately $700 million aggregate principal amount of senior notes were outstanding. On December 30, 2013, SHI entered into Guaranty Agreements whereby it agreed to fully and unconditionally guarantee the payments of principal, premium (if any), and interest on approximately $5.2 billion aggregate principal amount of senior notes on a senior basis and $350 million aggregate principal amount of a junior subordinated debenture (collectively, the “notes”) on a junior subordinated basis issued by SFC. The notes consist of the following: 8.25% Senior Notes due 2023; 7.75% Senior Notes due 2021; 6.00% Senior Notes due 2020; a 60 -year junior subordinated debenture; and all senior notes outstanding on December 30, 2013, issued pursuant to the Indenture dated as of May 1, 1999 (the “1999 Indenture”), between SFC and Wilmington Trust, National Association (the successor trustee to Citibank N.A.). The 60 -year junior subordinated debenture underlies the trust preferred securities sold by a trust sponsored by SFC. On December 30, 2013, SHI entered into a Trust Guaranty Agreement whereby it agreed to fully and unconditionally guarantee the related payment obligations under the trust preferred securities. As of September 30, 2015 , approximately $5.0 billion aggregate principal amount of senior notes, including $3.0 billion aggregate principal amount of senior notes under the 1999 Indenture, and $350 million aggregate principal amount of a junior subordinated debenture were outstanding.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2015
Variable Interest Entities
Variable Interest Entities	Variable Interest Entities As part of our overall funding strategy and as part of our efforts to support our liquidity from sources other than our traditional capital market sources, we have transferred certain finance receivables to VIEs for securitization transactions. Since these transactions involve securitization trusts required to be consolidated, the securitized assets and related liabilities are included in our condensed consolidated financial statements and are accounted for as secured borrowings. As a result of the 2014 sales of the Company’s beneficial interests in the mortgage-backed retained certificates related to its previous mortgage securitization transactions, we deconsolidated the underlying real estate loans and previously issued securitized interests which were reported in long-term debt. CONSOLIDATED VIES We evaluated the securitization trusts and determined that these entities are VIEs of which we are the primary beneficiary, and, therefore, we consolidated such entities. We are deemed to be the primary beneficiaries of these VIEs because we have the ability to direct the activities of each VIE that most significantly impact the entity’s economic performance and the obligation to absorb losses and the right to receive benefits that are potentially significant to the VIE. Such ability stems from SHI’s and/or its affiliates’ contractual right to service the securitized finance receivables. Our retained subordinated notes and residual interest trust certificates expose us to potentially significant losses and potentially significant returns. The asset-backed securities issued by the securitization trusts are supported by the expected cash flows from the underlying securitized finance receivables. Cash inflows from these finance receivables are distributed to investors and service providers in accordance with each transaction’s contractual priority of payments (“waterfall”) and, as such, most of these inflows must be directed first to service and repay each trust’s senior notes or certificates held principally by third-party investors. The holders of the asset-backed securities have no recourse to the Company if the cash flows from the underlying qualified securitized assets are not sufficient to pay all principal and interest on the asset-backed securities. After these senior obligations are extinguished, substantially all cash inflows will be directed to the subordinated notes until fully repaid and, thereafter, to the residual interest that we own in each securitization trust. We retain interests in these securitization transactions, including residual interests in each securitization trust and, in some cases, subordinated securities issued by the VIEs. We retain credit risk in the securitizations through our ownership of the residual interest in each securitization trust, and, in some cases, ownership of the most subordinated class of asset-backed securities, which are the first to absorb credit losses on the securitized assets. We expect that any credit losses in the pools of securitized assets will likely be limited to our subordinated and residual retained interests. We have no obligation to repurchase or replace qualified securitized assets that subsequently become delinquent or are otherwise in default. The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts were as follows: (dollars in millions) September 30, December 31, Assets Finance receivables: Personal loans $ 2,096 $ 1,853 SpringCastle Portfolio 1,667 1,979 Allowance for finance receivable losses 131 72 Finance receivables held for sale 484 — Restricted cash and cash equivalents 256 210 Liabilities Long-term debt * $ 4,771 $ 3,630 * As a result of our early adoption of ASU 2015-03 in June of 2015, we reclassified $14 million of debt issuance costs related to our long-term debt associated with our securitizations as of December 31, 2014, from other assets to long-term debt. Amendment to Sumner Brook 2013-VFN1 Securitization On January 16, 2015, we amended the note purchase agreement with Sumner Brook Funding Trust 2013-VFN1 to extend the two -year revolving period ending December of 2015 to a three -year revolving period ending January of 2018. Following the revolving period, the principal amount of the notes, if any, will be reduced as cash payments are received on the underlying personal loans and will be due and payable in full in August of 2024. The maximum principal balance of variable funding notes that can be issued remained at $350 million . At September 30, 2015 , no amounts were drawn under the notes. 2015-A Securitization On February 26, 2015, we completed a private term securitization transaction in which a wholly owned special purpose vehicle of SFC sold $1.2 billion of notes issued by Springleaf Funding Trust 2015-A at a 3.58% weighted average yield. The notes are backed by personal loans acquired from subsidiaries of SFC. We sold the asset-backed notes for $1.2 billion , after the price discount but before expenses and a $12 million interest reserve requirement. Sale of SpringCastle 2014-A Notes On March 9, 2015, Springleaf Acquisition Corporation (“SAC”) agreed to sell $232 million and $131 million principal amount of the previously retained Class C and Class D SpringCastle 2014-A Notes, respectively, to an unaffiliated third party at a premium to the principal balance. The sale was completed on March 16, 2015. Amendments to Whitford Brook 2014-VFN1 Securitization On March 24, 2015, we amended the sale and servicing agreement relating to the Whitford Brook Funding Trust 2014-VFN1 (the “Whitford Brook 2014-VFN1 Trust”) to remove the requirement for a $100 million minimum balance drawn under the variable funding notes, which are to be backed by personal loans acquired from subsidiaries of SFC from time to time. On March 25, 2015, we paid down the note balance of $100 million . On June 3, 2015, we amended the note purchase agreement relating to the Whitford Brook 2014-VFN1 Trust to reduce the $300 million maximum principal balance to $250 million . On July 15, 2015, we drew $100 million under the notes, which remained drawn as of September 30, 2015 . 2015-B Securitization On April 7, 2015, we completed a private term securitization transaction in which a wholly owned special purpose vehicle of SFC sold $314 million of notes issued by Springleaf Funding Trust 2015-B at a 3.84% weighted average yield. The notes are backed by personal loans acquired from subsidiaries of SFC. We sold the asset-backed notes for $314 million , after the price discount but before expenses and a $3 million interest reserve requirement. Amendment to Springleaf 2013-VFN1 Securitization On May 20, 2015, we amended the note purchase agreement with Springleaf Funding Trust 2013-VFN1 to, among other things, extend the original two -year revolving period ending October of 2015 to a two -year revolving period ending April of 2017, which may be extended for up to one additional year, subject to satisfaction of customary conditions precedent. During the revolving period, the notes can be paid down in whole or in part and then redrawn. Following the revolving period, the principal amount of the notes, if any, will be reduced as cash payments are received on the underlying personal loans and will be due and payable in full in May of 2020. The maximum amount that can be drawn under the notes remained at $350 million . At September 30, 2015 , no amounts were drawn under the notes. Mill River 2015-VFN1 Securitization On May 27, 2015, we established a private securitization facility in which Mill River Funding Trust 2015-VFN1, a wholly owned special purpose vehicle of SFC, issued variable funding notes with a maximum principal balance of $400 million to be backed by personal loans acquired from subsidiaries of SFC from time to time. No amounts were funded at closing, but may be funded from time to time over a three -year revolving period, subject to the satisfaction of customary conditions precedent. During the revolving period, the notes can be paid down in whole or in part and then redrawn. Following the revolving period, the principal amount of the notes, if any, will be reduced as cash payments are received on the underlying personal loans and will be due and payable in full in June of 2021. At September 30, 2015 , no amounts were drawn under the notes. Second Avenue Funding LLC Securitization On June 3, 2015, we established a private securitization facility in which Second Avenue Funding LLC, a wholly owned special purpose vehicle of SFC, issued variable funding notes with a maximum principal balance of $250 million to be backed by auto loans acquired from subsidiaries of SFC. No amounts were funded at closing, but may be funded from time to time over a three -year revolving period, subject to the satisfaction of customary conditions precedent. During the revolving period, the notes can be paid down in whole or in part and then redrawn. Following the three-year revolving period, the principal amount of the notes, if any, will be reduced as cash payments are received on the underlying auto loans and will be due and payable in full in June of 2019. At September 30, 2015 , no amounts were drawn under the notes. First Avenue Funding LLC Securitization On June 10, 2015, we established a private securitization facility in which First Avenue Funding LLC (“First Avenue”), a wholly owned special purpose vehicle of SFC, issued variable funding notes with a maximum principal balance of $250 million to be backed by auto loans acquired from subsidiaries of SFC. No amounts were funded at closing, but may be funded from time to time over a two -year revolving period, subject to the satisfaction of customary conditions precedent. On September 9, 2015, First Avenue amended the facility to extend the revolving period until September 10, 2017. During the revolving period, the notes can be paid down in whole or in part and then redrawn. Following the two-year revolving period, the principal amount of the notes, if any, will be reduced as cash payments are received on the underlying auto loans and will be due and payable in full twelve months following the maturity of the last auto loan held by First Avenue. At September 30, 2015 , no amounts were drawn under the notes. VIE Interest Expense Other than our retained subordinate and residual interests in the remaining consolidated securitization trusts, we are under no obligation, either contractually or implicitly, to provide financial support to these entities. Consolidated interest expense related to our VIEs for the three and nine months ended September 30, 2015 totaled $49 million and $136 million , respectively, compared to $51 million and $180 million for the three and nine months ended September 30, 2014 , respectively. DECONSOLIDATED VIES As a result of the sales of the mortgage-backed retained certificates during 2014, we deconsolidated the securitization trusts holding the underlying real estate loans and previously issued securitized interests which were reported in long-term debt. The total carrying value of these real estate loans as of the sale dates was $5.2 billion . During 2014, we established a reserve for sales recourse obligations of $7 million related to these sales. At September 30, 2015 , this reserve totaled $7 million . We had no repurchase activity associated with these sales as of September 30, 2015 . See Note 14 for further information on the total reserve for sales recourse obligations relating to the real estate loan sales, including the sales of the mortgage-backed retained certificates.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings (Loss) Per Share The computation of earnings (loss) per share was as follows: (dollars in millions except earnings (loss) per share) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Numerator (basic and diluted): Net income (loss) attributable to Springleaf Holdings, Inc. $ (11 ) $ 427 $ (23 ) $ 551 Denominator: Weighted average number of shares outstanding (basic) 134,452,763 114,788,439 125,701,635 114,788,439 Effect of dilutive securities * — 527,875 — 423,959 Weighted average number of shares outstanding (diluted) 134,452,763 115,316,314 125,701,635 115,212,398 Earnings (loss) per share: Basic $ (0.08 ) $ 3.72 $ (0.18 ) $ 4.80 Diluted $ (0.08 ) $ 3.70 $ (0.18 ) $ 4.79 * We have excluded the following shares in the diluted loss per share calculation for the three and nine months ended September 30, 2015 because these shares would be anti-dilutive, which could impact the earnings per share calculation in the future: • 593,331 performance shares and 521,127 service shares for the three months ended September 30, 2015 ; and • 593,068 performance shares and 472,259 service shares for the nine months ended September 30, 2015 . Basic earnings (loss) per share is computed by dividing net income or loss by the weighted-average number of shares outstanding during each period. Diluted earnings (loss) per share is computed based on the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares represent outstanding unvested restricted stock units (“RSUs”) and awards.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains Investment Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended September 30, 2015 Balance at beginning of period $ 2 $ (13 ) $ 4 $ (7 ) Other comprehensive loss before reclassifications (2 ) — — (2 ) Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 ) Three Months Ended September 30, 2014 Balance at beginning of period $ 14 $ 20 $ 4 $ 38 Other comprehensive loss before reclassifications (2 ) — — (2 ) Reclassification adjustments from accumulated other comprehensive income (2 ) — — (2 ) Balance at end of period $ 10 $ 20 $ 4 $ 34 Nine Months Ended September 30, 2015 Balance at beginning of period $ 12 $ (13 ) $ 4 $ 3 Other comprehensive loss before reclassifications (5 ) — — (5 ) Reclassification adjustments from accumulated other comprehensive income (loss) (9 ) — — (9 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 ) Nine Months Ended September 30, 2014 Balance at beginning of period $ 4 $ 20 $ 4 $ 28 Other comprehensive income before reclassifications 10 — — 10 Reclassification adjustments from accumulated other comprehensive income (4 ) — — (4 ) Balance at end of period $ 10 $ 20 $ 4 $ 34 Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our condensed consolidated statements of operations were as follows: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Unrealized gains on investment securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 4 $ 3 $ 14 $ 6 Income tax effect (2 ) (1 ) (5 ) (2 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ 2 $ 2 $ 9 $ 4

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes At September 30, 2015 , we had a net deferred tax liability of $131 million , compared to $148 million at December 31, 2014 . The decrease in the net deferred tax liability was primarily due to purchase accounting for debt writedown. This decrease was partially offset by a change in our tax accounting method for the valuation of certain assets of one of our subsidiaries, which was approved by the Internal Revenue Service (the “IRS”) in August of 2015. The impact to our uncertain tax positions was immaterial. The effective tax rate for the nine months ended September 30, 2015 was 1.2% compared to 32.8% for the same period in 2014 . The effective tax rates for the nine months ended September 30, 2015 and 2014 differed from the federal statutory rates primarily due to the effect of the non-controlling interest in our joint venture. We are currently under examination of our U.S. Federal tax return for the year 2013 by the IRS. Management believes it has adequately provided for taxes for such year.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies LEGAL CONTINGENCIES In the normal course of business, the Company has been named, from time to time, as a defendant in various legal actions, including arbitrations, class actions and other litigation arising in connection with its activities. Some of the actual or threatened legal actions include claims for substantial compensatory and/or punitive damages or claims for indeterminate amounts of damages. While we will continue to identify certain legal actions where we believe a material loss to be reasonably possible and reasonably estimable, there can be no assurance that material losses will not be incurred from claims that we have not yet been notified of or are not yet determined to be probable or reasonably possible and reasonably estimable. We contest liability and/or the amount of damages, as appropriate, in each pending matter. Where available information indicates that it is probable that a liability had been incurred at the date of the condensed consolidated financial statements and we can reasonably estimate the amount of that loss, we accrue the estimated loss by a charge to income. In many actions, however, it is inherently difficult to determine whether any loss is probable or even reasonably possible or to estimate the amount of any loss. In addition, even where loss is reasonably possible or an exposure to loss exists in excess of the liability already accrued with respect to a previously recognized loss contingency, it is not always possible to reasonably estimate the size of the possible loss or range of loss. For certain legal actions, we cannot reasonably estimate such losses, particularly for actions that are in their early stages of development or where plaintiffs seek substantial or indeterminate damages. Numerous issues may need to be resolved, including through potentially lengthy discovery and determination of important factual matters, and by addressing novel or unsettled legal questions relevant to the actions in question, before a loss or additional loss or range of loss or additional loss can be reasonably estimated for any given action. For certain other legal actions, we can estimate reasonably possible losses, additional losses, ranges of loss or ranges of additional loss in excess of amounts accrued, but do not believe, based on current knowledge and after consultation with counsel, that such losses will have a material adverse effect on our condensed consolidated financial statements as a whole. SALES RECOURSE OBLIGATIONS During 2014, we established a reserve for sales recourse obligations of $23 million related to the real estate loan sales. At September 30, 2015 , our reserve for sales recourse obligations totaled $18 million , of which $18 million related to the real estate loan sales in 2014. We had no repurchase activity during the three months ended September 30, 2015 . We repurchased 13 loans totaling $1 million for the nine months ended September 30, 2015 associated with the real estate loan sales in 2014. There was no repurchase activity associated with the real estate loan sales in 2014 during the three and nine months ended September 30, 2014 . We repurchased 4 loans totaling $1 million during the three months ended September 30, 2014 and 9 loans totaling $2 million during the nine months ended September 30, 2014 associated with other prior sales of finance receivables because these loans were reaching the defined delinquency limits or had breached the contractual representations and warranties under the loan sale agreements. At September 30, 2015 , there were no material recourse requests that management believes will not be covered by the reserve. The activity in our reserve for sales recourse obligations associated with the real estate loan sales during 2014 and other prior sales of finance receivables was as follows: Three Months Ended Nine Months Ended (dollars in millions) 2015 2014 2015 2014 Balance at beginning of period $ 18 $ 5 $ 24 $ 5 Recourse losses — — (5 ) — Provision for recourse obligations, net of recoveries * — 8 (1 ) 8 Balance at end of period $ 18 $ 13 $ 18 $ 13 * Reflects the elimination of the reserve associated with other prior sales of finance receivables. It is inherently difficult to determine whether any recourse losses are probable or even reasonably possible or to estimate the amounts of any losses. In addition, even where recourse losses are reasonably possible or exposure to such losses exists in excess of the liability already accrued, it is not always possible to reasonably estimate the size of the possible recourse losses or range of losses. PAYMENT PROTECTION INSURANCE Our United Kingdom subsidiary provides payments of compensation to its customers who have made claims concerning Payment Protection Insurance (“PPI”) policies sold in the normal course of business by insurance intermediaries. On April 20, 2011, the High Court in the United Kingdom handed down judgment supporting the Financial Services Authority (now known as the Financial Conduct Authority) (“FCA”) guidelines on the treatment of PPI complaints. In addition, the FCA issued a guidance consultation paper in March of 2012 on the PPI customer contact letters. As a result, we have concluded that there are certain circumstances where customer contact and/or redress is appropriate; therefore, this activity is ongoing. The total reserves related to the estimated PPI claims were $8 million at September 30, 2015 and $14 million at December 31, 2014 . We do not believe that any additional losses related to PPI claims in excess of the amounts accrued will have a material adverse effect on our condensed consolidated financial statements as a whole. STOCK PURCHASE AGREEMENT As discussed in Note 2 , on March 2, 2015, SHI entered into a Stock Purchase Agreement with Citigroup to acquire OneMain for an aggregate purchase price of $4.25 billion . Under the Stock Purchase Agreement, we are required to take all action necessary to resolve any objection that antitrust enforcement authorities may assert with respect to the Proposed Acquisition. If the Stock Purchase Agreement is terminated as a result of the failure to obtain antitrust approvals, we will be required to pay Citigroup a termination fee of $213 million . There can be no assurance that the Proposed Acquisition will close or, if it does, when the actual closing will occur.

Benefit Plans

Benefit Plans	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Benefit Plans	Benefit Plans The following table presents the components of net periodic benefit cost with respect to our defined benefit pension plans: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Pension Components of net periodic benefit cost: Interest cost $ 4 $ 3 $ 12 $ 11 Expected return on assets (5 ) (4 ) (14 ) (12 ) Net periodic benefit cost $ (1 ) $ (1 ) $ (2 ) $ (1 ) The components of net periodic benefit cost with respect to our post retirement plan were less than $1 million for the three and nine months ended September 30, 2015 and 2014 and, therefore, were not included in the table above.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Information	Segment Information Our segments coincide with how our businesses are managed. At September 30, 2015 , our three segments include: • Consumer and Insurance; • Acquisitions and Servicing; and • Real Estate. When we initially defined our operating segments in early 2013, we presented Consumer and Insurance as two distinct reporting segments. However, over the course of 2013 and into 2014, management has shifted its strategy for the Insurance segment toward organic growth primarily as an ancillary product complementing our consumer lending activities and has been increasingly viewing and managing the Insurance segment together with Consumer. As a result of the changes in strategy and the way that management views the insurance business of the Company, we began presenting them as one segment, effective December 31, 2014. To conform to the new segment alignment, we have revised our prior period segment disclosures. Management considers Consumer and Insurance, and Acquisitions and Servicing as our “Core Consumer Operations” and Real Estate as our “Non-Core Portfolio.” Our segments are managed as follows: Core Consumer Operations • Consumer and Insurance — We originate and service personal loans (secured and unsecured) through two business divisions: branch operations and centralized operations and offer credit insurance (life insurance, accident and health insurance, and involuntary unemployment insurance), non-credit insurance, and ancillary products, such as warranty protection. Branch operations primarily conduct business in 27 states, which are our core operating states. Our centralized operations underwrite and process certain loan applications that we receive from our branch operations or through an internet portal. If the applicant is located near an existing branch (“in footprint”), our centralized operations make the credit decision regarding the application and then request, but do not require, the customer to visit a nearby branch for closing, funding and servicing. If the applicant is not located near a branch (“out of footprint”), our centralized operations originate the loan. • Acquisitions and Servicing — We service the SpringCastle Portfolio that we acquired through a joint venture in which we own a 47% equity interest. The SpringCastle Portfolio consists of unsecured loans and loans secured by subordinate residential real estate mortgages (which we service as unsecured loans due to the fact that the liens are subordinated to superior ranking security interests) and includes both closed-end accounts and open-end lines of credit. These loans vary in form and substance from our typical branch serviced loans and are in a liquidating status. Non-Core Portfolio • Real Estate — We service and hold real estate loans secured by first or second mortgages on residential real estate. Real estate loans previously originated through our branch offices or previously acquired or originated through centralized distribution channels are serviced by: (i) MorEquity and subserviced by Nationstar; (ii) Select Portfolio Servicing, Inc.; or (iii) our centralized operations. Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. The remaining components (which we refer to as “Other”) consist of our other non-core, non-originating legacy operations, which are isolated by geographic market and/or distribution channel from our Core Consumer Operations and our Non-Core Portfolio. These operations include: (i) our legacy operations in 14 states where we have also ceased branch-based personal lending; (ii) our liquidating retail sales finance portfolio (including our retail sales finance accounts from our dedicated auto finance operation); (iii) our lending operations in Puerto Rico and the U.S. Virgin Islands; and (iv) the operations of our United Kingdom subsidiary. Due to the nature of the Fortress Acquisition, we applied push-down accounting. However, we report the operating results of our Core Consumer Operations, Non-Core Portfolio, and Other using the same accounting basis that we employed prior to the Fortress Acquisition, which we refer to as “historical accounting basis,” to provide a consistent basis for both management and other interested third parties to better understand the operating results of these segments. The historical accounting basis (which is a basis of accounting other than U.S. GAAP) also provides better comparability of the operating results of these segments to our competitors and other companies in the financial services industry. The historical accounting basis is not applicable to the Acquisitions and Servicing segment since this segment resulted from the purchase of the SpringCastle Portfolio subsequent to the Fortress Acquisition. The “Push-down Accounting Adjustments” column in the following tables primarily consists of: • the accretion or amortization of the valuation adjustments on the applicable revalued assets and liabilities; • the difference in finance charges on our purchased credit impaired finance receivables compared to the finance charges on these finance receivables on a historical accounting basis; • the elimination of accretion or amortization of historical based discounts, premiums, and other deferred costs on our finance receivables and long-term debt; • the difference in provision for finance receivable losses required based upon the differences in historical accounting basis and push-down accounting basis of the finance receivables; • the acceleration of the accretion of the net discount or amortization of the net premium applied to long-term debt that we repurchase or repay; • the reversal of the remaining unaccreted push-down accounting basis for net finance receivables, less allowance for finance receivable losses established at the date of the Fortress Acquisition on finance receivables held for sale that we sold; and • the difference in the fair value of long-term debt based upon the differences between historical accounting basis where certain long-term debt components are marked-to-market on a recurring basis, and push-down accounting basis where long-term debt is no longer marked-to-market on a recurring basis. The following tables present information about the Company’s segments as well as reconciliations to the condensed consolidated financial statement amounts. (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Other Eliminations Push-down Consolidated Three Months Ended Interest income $ 293 $ 114 $ 17 $ 1 $ — $ 3 $ 428 Interest expense 43 22 58 16 — 32 171 Provision for finance receivable losses 62 19 (4 ) — — 5 82 Net interest income (loss) after provision for finance receivable losses 188 73 (37 ) (15 ) — (34 ) 175 Other revenues 55 13 (2 ) — (13 ) (2 ) 51 Other expenses 166 27 8 15 (13 ) 1 204 Income (loss) before provision for (benefit from) income taxes 77 59 (47 ) (30 ) — (37 ) 22 Income before provision for income taxes attributable to non-controlling interests — 31 — — — — 31 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 77 $ 28 $ (47 ) $ (30 ) $ — $ (37 ) $ (9 ) (dollars in millions) Consumer and Insurance Acquisitions Real Other Eliminations Push-down Consolidated Three Months Ended Interest income $ 236 $ 131 $ 95 $ 5 $ — $ 17 $ 484 Interest expense 40 18 84 2 — 36 180 Provision for finance receivable losses 56 27 37 2 — (19 ) 103 Net interest income (loss) after provision for finance receivable losses 140 86 (26 ) 1 — — 201 Other revenues 61 17 277 — (16 ) 347 686 Other expenses 138 29 36 3 (16 ) — 190 Income (loss) before provision for (benefit from) income taxes 63 74 215 (2 ) — 347 697 Income before provision for income taxes attributable to non-controlling interests — 35 — — — — 35 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 63 $ 39 $ 215 $ (2 ) $ — $ 347 $ 662 (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Push-down Accounting Adjustments Consolidated Total At or for the Nine Months Ended Interest income $ 818 $ 361 $ 52 $ 6 $ — $ 10 $ 1,247 Interest expense 119 67 177 48 (5 ) 94 500 Provision for finance receivable losses 172 69 (7 ) 1 — 14 249 Net interest income (loss) after provision for finance receivable losses 527 225 (118 ) (43 ) 5 (98 ) 498 Other revenues 162 45 4 — (45 ) (8 ) 158 Other expenses 471 82 24 45 (40 ) 3 585 Income (loss) before provision for (benefit from) income taxes 218 188 (138 ) (88 ) — (109 ) 71 Income before provision for income taxes attributable to non-controlling interests — 93 — — — — 93 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 218 $ 95 $ (138 ) $ (88 ) $ — $ (109 ) $ (22 ) Assets $ 5,743 $ 1,759 $ 3,551 $ 2,255 $ — $ (24 ) $ 13,284 (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Push-down Accounting Adjustments Consolidated Total At or for the Nine Months Ended Interest income $ 666 $ 414 $ 387 $ 14 $ — $ 88 $ 1,569 Interest expense 122 58 291 6 — 100 577 Provision for finance receivable losses 149 121 119 7 — (17 ) 379 Net interest income (loss) after provision for finance receivable losses 395 235 (23 ) 1 — 5 613 Other revenues 168 37 188 1 (51 ) 516 859 Other expenses 392 94 78 14 (51 ) 2 529 Income (loss) before provision for (benefit from) income taxes 171 178 87 (12 ) — 519 943 Income before provision for income taxes attributable to non-controlling interests — 82 — — — — 82 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 171 $ 96 $ 87 $ (12 ) $ — $ 519 $ 861 Assets (a) (b) $ 4,608 $ 2,251 $ 3,745 $ 615 $ — $ 15 $ 11,234 (a) As a result of our early adoption of ASU 2015-03, we reclassified $29 million of debt issuance costs from other assets to long-term debt as of September 30, 2014 . (b) See Note 1 for further information on the correction of this prior period disclosure.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value of a financial instrument is the amount that would be expected to be received if an asset were to be sold or the amount that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The degree of judgment used in measuring the fair value of financial instruments generally correlates with the level of pricing observability. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments traded in other-than-active markets or that do not have quoted prices have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. An other-than-active market is one in which there are few transactions, the prices are not current, price quotations vary substantially either over time or among market makers, or little information is released publicly for the asset or liability being valued. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is listed on an exchange or traded over-the-counter or is new to the market and not yet established, the characteristics specific to the transaction, and general market conditions. The following table summarizes the fair values and carrying values of our financial instruments and indicates the fair value hierarchy based on the level of inputs we utilized to determine such fair values: Fair Value Measurements Using Total Total (dollars in millions) Level 1 Level 2 Level 3 September 30, 2015 Assets Cash and cash equivalents $ 3,570 $ 295 $ — $ 3,865 $ 3,865 Investment securities — 1,730 12 1,742 1,742 Net finance receivables, less allowance for finance receivable losses — — 6,736 6,736 6,109 Finance receivables held for sale — — 802 802 797 Restricted cash and cash equivalents 270 — — 270 270 Other assets: Commercial mortgage loans — — 71 71 71 Escrow advance receivable — — 10 10 10 Receivables related to sales of real estate loans and related trust assets — 3 — 3 9 Liabilities Long-term debt $ — $ 10,212 $ — $ 10,212 $ 9,555 December 31, 2014 Assets Cash and cash equivalents $ 714 $ 165 $ — $ 879 $ 879 Investment securities — 2,926 9 2,935 2,935 Net finance receivables, less allowance for finance receivable losses — — 6,979 6,979 6,307 Finance receivables held for sale — — 209 209 205 Restricted cash and cash equivalents 218 — — 218 218 Other assets: Commercial mortgage loans — — 78 78 85 Escrow advance receivable — — 8 8 8 Receivables related to sales of real estate loans and related trust assets — 67 — 67 79 Liabilities Long-term debt $ — $ 9,182 $ — $ 9,182 $ 8,356 FAIR VALUE MEASUREMENTS — RECURRING BASIS The following tables present information about our assets measured at fair value on a recurring basis and indicates the fair value hierarchy based on the levels of inputs we utilized to determine such fair value: Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 September 30, 2015 Assets Cash equivalents in mutual funds $ 1,231 $ — $ — $ 1,231 Cash equivalents in certificates of deposit and commercial paper — 295 — 295 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 68 — 68 Obligations of states, municipalities, and political subdivisions — 84 — 84 Corporate debt — 245 — 245 RMBS — 79 — 79 CMBS — 39 — 39 CDO/ABS — 32 — 32 Total bonds — 547 — 547 Preferred stock — 6 10 16 Other long-term investments (a) — — 1 1 Total available-for-sale securities (b) — 553 11 564 Trading securities: Bonds: U.S. government and government sponsored entities — 783 — 783 Corporate debt — 196 — 196 RMBS — 2 — 2 CMBS — 45 — 45 CDO/ABS — 151 — 151 Total trading securities — 1,177 — 1,177 Total investment securities — 1,730 11 1,741 Restricted cash in mutual funds 252 — — 252 Total $ 1,483 $ 2,025 $ 11 $ 3,519 Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 December 31, 2014 Assets Cash equivalents in mutual funds $ 236 $ — $ — $ 236 Cash equivalents in certificates of deposit and commercial paper — 165 — 165 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 64 — 64 Obligations of states, municipalities, and political subdivisions — 102 — 102 Certificates of deposit and commercial paper — 3 — 3 Corporate debt — 263 4 267 RMBS — 73 — 73 CMBS — 21 3 24 CDO/ABS — 63 — 63 Total bonds — 589 7 596 Preferred stock — 7 — 7 Other long-term investments (a) — — 1 1 Total available-for-sale securities (b) — 596 8 604 Trading securities: Bonds: U.S. government and government sponsored entities — 303 — 303 Obligations of states, municipalities, and political subdivisions — 14 — 14 Certificates of deposit and commercial paper — 238 — 238 Non-U.S. government and government sponsored entities — 20 — 20 Corporate debt — 1,056 — 1,056 RMBS — 36 — 36 CMBS — 151 — 151 CDO/ABS — 512 — 512 Total trading securities — 2,330 — 2,330 Total investment securities — 2,926 8 2,934 Restricted cash in mutual funds 207 — — 207 Total $ 443 $ 3,091 $ 8 $ 3,542 (a) Other long-term investments excludes an immaterial interest in a limited partnership that we account for using the equity method. (b) Common stocks not carried at fair value totaled $1 million at September 30, 2015 and December 31, 2014 and, therefore, have been excluded from the table above. We had no transfers between Level 1 and Level 2 during the three and nine months ended September 30, 2015 . The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the three months ended September 30, 2015 : Net gains (losses) included in: Purchases, sales, issues, settlements * Transfers into Transfers Balance Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Three Months Ended Investment securities: Available-for-sale securities: Preferred stock $ — $ — $ — $ 10 $ — $ — $ 10 Other long-term investments 1 — — — — — 1 Total $ 1 $ — $ — $ 10 $ — $ — $ 11 * “Purchases, sales, issues, and settlements” column consisted only of purchases. The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the three months ended September 30, 2014 : Net gains (losses) included in: Purchases, Transfers into Transfers Balance Balance at beginning of period Other Other (dollars in millions) Three Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 5 $ — $ — $ — $ — $ — $ 5 Other long-term investments 1 — — — — — 1 Total available-for-sale securities 6 — — — — — 6 Trading securities: Bonds: CDO/ABS 6 — — — — — 6 Total $ 12 $ — $ — $ — $ — $ — $ 12 The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the nine months ended September 30, 2015 : Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into Transfers Balance Balance at Other Other (dollars in millions) Nine Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — CMBS 3 — — — — (3 ) — Total bonds 7 — — (4 ) — (3 ) — Preferred stock — — — 10 — — 10 Other long-term investments 1 — — — — — 1 Total $ 8 $ — $ — $ 6 $ — $ (3 ) $ 11 (a) The detail of purchases and settlements is presented in the table below: (dollars in millions) Purchases Settlements Total Nine Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ — $ (4 ) $ (4 ) Preferred stock 10 — 10 Total $ 10 $ (4 ) $ 6 (b) During the nine months ended September 30, 2015 , we transferred CMBS securities totaling $3 million out of Level 3 primarily related to the greater observability of pricing inputs. The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the nine months ended September 30, 2014 : Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into Level 3 (b) Transfers out of Level 3 (c) Balance at end of period Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Nine Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 13 $ — $ — $ (8 ) $ — $ — $ 5 CDO/ABS 1 — — — — (1 ) — Total bonds 14 — — (8 ) — (1 ) 5 Other long-term investments 1 — — — — — 1 Total available-for-sale securities 15 — — (8 ) — (1 ) 6 Trading securities: Bonds: RMBS — — — — 1 (1 ) — CDO/ABS 7 — — — — (1 ) 6 Total trading securities 7 — — — 1 (2 ) 6 Total $ 22 $ — $ — $ (8 ) $ 1 $ (3 ) $ 12 (a) “Purchases, sales, issues, and settlements” column consisted only of settlements, as the purchases were less than $1 million . (b) During the nine months ended September 30, 2014 , we transferred $1 million of RMBS securities into Level 3 primarily related to the re-evaluated observability of pricing inputs. (c) During the nine months ended September 30, 2014 , we transferred RMBS and CDO/ABS securities totaling $3 million out of Level 3 primarily related to the re-evaluated observability of pricing inputs. We used observable and/or unobservable inputs to determine the fair value of positions that we have classified within the Level 3 category. As a result, the unrealized gains and losses for assets and liabilities within the Level 3 category presented in the Level 3 tables above may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable (e.g., changes in unobservable long-dated volatilities) inputs. The unobservable inputs and quantitative data used in our Level 3 valuations for our investment securities were developed and used in models created by our third-party valuation service providers, which values were used by us for fair value disclosure purposes without adjustment. We applied the third-party exception which allows us to omit certain quantitative disclosures about unobservable inputs for other long-term investments. As a result, the weighted average ranges of the inputs for these investment securities are not applicable in the following table. Quantitative information about Level 3 inputs for our assets measured at fair value on a recurring basis for which information about the unobservable inputs is reasonably available to us at September 30, 2015 and December 31, 2014 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 30, 2015 December 31, 2014 Corporate debt Discounted cash flows Yield — 1.05% (a) RMBS Discounted cash flows Spread 743 bps (a) 736 bps (a) (b) CMBS Discounted cash flows Spread — 139 bps (a) (b) Other long-term investments Discounted cash flows and indicative valuations Historical costs Nature of investment Local market conditions Comparables Operating performance Recent financing activity N/A (c) N/A (c) Preferred stock Market approach Historical cost N/A (c) N/A (c) (a) At September 30, 2015 and December 31, 2014, RMBS consisted of one bond, which was less than $1 million . At December 31, 2014, corporate debt and CMBS also consisted of one bond. (b) During the first quarter of 2015, we identified that we incorrectly disclosed the weighted average ranges of our RMBS bond and CMBS bond as of December 31, 2014. The weighted average ranges of these bonds at December 31, 2014 have been corrected in the table above. (c) Not applicable. The fair values of the assets using significant unobservable inputs are sensitive and can be impacted by significant increases or decreases in any of those inputs. Level 3 broker-priced instruments, including RMBS (except for the one bond previously noted), CMBS (except for the one bond previously noted), and CDO/ABS, are excluded from the table above because the unobservable inputs are not reasonably available to us. Our RMBS, CMBS, and CDO/ABS securities have unobservable inputs that are reliant on and sensitive to the quality of their underlying collateral. The inputs, although not identical, have similar characteristics and interrelationships. Generally a change in the assumption used for the probability of default is accompanied by a directionally similar change in the assumption used for the loss severity and a directionally opposite change in the assumption used for prepayment speeds. An improvement in the workout criteria related to the restructured debt and/or debt covenants of the underlying collateral may lead to an improvement in the cash flows and have an inverse impact on other inputs, specifically a reduction in the amount of discount applied for marketability and liquidity, making the structured bonds more attractive to market participants. FAIR VALUE MEASUREMENTS — NON-RECURRING BASIS We measure the fair value of certain assets on a non-recurring basis when events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Assets measured at fair value on a non-recurring basis on which we recorded impairment charges were as follows: Fair Value Measurements Using * (dollars in millions) Level 1 Level 2 Level 3 Total September 30, 2015 Assets Real estate owned $ — $ — $ 12 $ 12 Commercial mortgage loans — — 8 8 Total $ — $ — $ 20 $ 20 December 31, 2014 Assets Real estate owned $ — $ — $ 19 $ 19 Commercial mortgage loans — — 11 11 Total $ — $ — $ 30 $ 30 * The fair value information presented in the table above is as of the date the fair value adjustment was recorded. Net impairment charges recorded on assets measured at fair value on a non-recurring basis were as follows: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Assets Real estate owned $ 1 $ 3 $ 3 $ 13 Commercial mortgage loans — (1 ) (2 ) (2 ) Total $ 1 $ 2 $ 1 $ 11 In accordance with the authoritative guidance for the accounting for the impairment of long-lived assets, we wrote down certain real estate owned reported in our Real Estate segment to their fair value less cost to sell for the three and nine months ended September 30, 2015 and 2014 and recorded the writedowns in other revenues — other. The fair values of real estate owned disclosed in the table above are unadjusted for transaction costs as required by the authoritative guidance for fair value measurements. The amounts of real estate owned recorded in other assets are net of transaction costs as required by the authoritative guidance for accounting for the impairment of long-lived assets. In accordance with the authoritative guidance for the accounting for the impairment of commercial mortgage loans, we recorded allowance adjustments on certain impaired commercial mortgage loans reported in our Consumer and Insurance segment to record their fair value for the three and nine months ended September 30, 2015 and 2014 and recorded the net impairments in investment revenues. The inputs and quantitative data used in our Level 3 valuations for our real estate owned and commercial mortgage loans are unobservable primarily due to the unique nature of specific real estate assets. Therefore, we used independent third-party providers, familiar with local markets, to determine the values used for fair value disclosures without adjustment. We applied the third-party exception which allows us to omit certain quantitative disclosures about unobservable inputs. As a result, the weighted average ranges of the inputs are not applicable in the following table. Quantitative information about Level 3 inputs for our assets measured at fair value on a non-recurring basis at September 30, 2015 and December 31, 2014 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 30, 2015 December 31, 2014 Real estate owned Market approach Third-party valuation N/A* N/A* Commercial mortgage loans Market approach Income approach Cost approach Local market conditions Nature of investment Comparable property sales Operating performance N/A* N/A* * Not applicable. FAIR VALUE MEASUREMENTS — VALUATION METHODOLOGIES AND ASSUMPTIONS We use the following methods and assumptions to estimate fair value. Cash and Cash Equivalents The carrying amount of cash and cash equivalents, including cash and cash equivalents in certificates of deposit and commercial paper, approximates fair value. Mutual Funds The fair value of mutual funds is based on quoted market prices of the underlying shares held in the mutual funds. Investment Securities We utilize third-party valuation service providers to measure the fair value of our investment securities, which are classified as available-for-sale or as trading and consist primarily of bonds. Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure investment securities at fair value. We generally obtain market price data from exchange or dealer markets. We estimate the fair value of fixed maturity investment securities not traded in active markets by referring to traded securities with similar attributes, using dealer quotations and a matrix pricing methodology, or discounted cash flow analyses. This methodology considers such factors as the issuer’s industry, the security’s rating and tenor, its coupon rate, its position in the capital structure of the issuer, yield curves, credit curves, composite ratings, bid-ask spreads prepayment rates and other relevant factors. For fixed maturity investment securities that are not traded in active markets or that are subject to transfer restrictions, we adjust the valuations to reflect illiquidity and/or non-transferability. Such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. We classify investment securities that are deemed to incorporate an embedded derivative and for which it is impracticable for us to isolate and/or value as trading securities at fair value. The fair value of certificates of deposit and commercial paper having maturity dates greater than three months is based on the amortized cost, which is assumed to approximate fair value. Finance Receivables The fair value of net finance receivables, less allowance for finance receivable losses, both non-impaired and purchased credit impaired, are determined using discounted cash flow methodologies. The application of these methodologies requires us to make certain judgments and estimates based on our perception of market participant views related to the economic and competitive environment, the characteristics of our finance receivables, and other similar factors. The most significant judgments and estimates made relate to prepayment speeds, default rates, loss severity, and discount rates. The degree of judgment and estimation applied is significant in light of the current capital markets and, more broadly, economic environments. Therefore, the fair value of our finance receivables could not be determined with precision and may not be realized in an actual sale. Additionally, there may be inherent weaknesses in the valuation methodologies we employed, and changes in the underlying assumptions used could significantly affect the results of current or future values. Finance Receivables Held for Sale We determined the fair value of finance receivables held for sale that were originated as held for investment based on negotiations with prospective purchasers (if any) or by using projected cash flows discounted at the weighted-average interest rates offered by us in the market for similar finance receivables. We based cash flows on contractual payment terms adjusted for estimates of prepayments and credit related losses. Restricted Cash and Cash Equivalents The carrying amount of restricted cash and cash equivalents approximates fair value. Commercial Mortgage Loans Given the short remaining average life of the portfolio, the carrying amount of commercial mortgage loans approximates fair value. The carrying amount includes an estimate for credit related losses which is based on independent third-party valuations. Real Estate Owned We initially based our estimate of the fair value on independent third-party valuations at the time we took title to real estate owned. Subsequent changes in fair value are based upon independent third-party valuations obtained periodically to estimate a price that would be received in a then current transaction to sell the asset. Escrow Advance Receivable The carrying amount of escrow advance receivable approximates fair value. Receivables Related to Sales of Real Estate Loans and Related Trust Assets The carrying amount of receivables related to sales of real estate loans and related trust assets less estimated forfeitures, which are reflected in other liabilities, approximates fair value. Long-term Debt We either receive fair value measurements of our long-term debt from market participants and pricing services or we estimate the fair values of long-term debt using projected cash flows discounted at each balance sheet date’s market-observable implicit-credit spread rates for our long-term debt. We record at fair value long-term debt issuances that are deemed to incorporate an embedded derivative and for which it is impracticable for us to isolate and/or value the derivative. At September 30, 2015 , we had no debt carried at fair value under the fair value option.

Business and Basis of Presentat

Business and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION We prepared our condensed consolidated financial statements using generally accepted accounting principles in the United States of America (“U.S. GAAP”). These statements are unaudited. The year-end condensed balance sheet data was derived from our audited financial statements, but does not include all disclosures required by U.S. GAAP. The statements include the accounts of SHI, its subsidiaries (all of which are wholly owned, except for certain indirect subsidiaries associated with a joint venture in which we own a 47% equity interest), and variable interest entities (“VIEs”) in which we hold a controlling financial interest and for which we are considered to be the primary beneficiary as of the financial statement date. We eliminated all material intercompany accounts and transactions. We made judgments, estimates, and assumptions that affect amounts reported in our condensed consolidated financial statements and disclosures of contingent assets and liabilities. In management’s opinion, the condensed consolidated financial statements include the normal, recurring adjustments necessary for a fair statement of results. Ultimate results could differ from our estimates. We evaluated the effects of and the need to disclose events that occurred subsequent to the balance sheet date. These statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 (“ 2014 Annual Report on Form 10-K”). We follow the same significant accounting policies for our interim reporting. To conform to the 2015 presentation, we reclassified certain prior period items as a result of our early adoption of accounting standards update (“ASU”) 2015-03, Interest - Imputation of Interest (“ASU 2015-03”). See Note 3 for further information on the adoption of this ASU.

Recent Accounting Pronounceme26

Recent Accounting Pronouncements Recent Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Accounting Pronouncements Recently Adopted	ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED Troubled Debt Restructurings In January of 2014, the Financial Accounting Standards Board (the “FASB”) issued ASU 2014-04, Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure , which clarifies when an in substance repossession or foreclosure occurs — that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. The ASU requires a creditor to reclassify a collateralized consumer mortgage loan to real estate property upon obtaining legal title to the real estate collateral, or the borrower voluntarily conveying all interest in the real estate property to the lender to satisfy the loan through a deed in lieu of foreclosure or similar legal agreement. The amendments in this ASU became effective prospectively for the Company for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements. Debt Issuance Costs In April of 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest , which simplifies the presentation of debt issuance costs. Under this standard, debt issuance costs related to a note shall be reported in the balance sheet as a direct reduction from the face amount of that note. The ASU also clarifies that discount, premium or debt issuance costs shall not be classified as a deferred charge or deferred credit. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted for financial statements that have not been previously issued and must be applied retrospectively. We elected to early adopt this ASU as of June 30, 2015 and applied this ASU retrospectively. On June 30, 2015, we reclassified $32 million of debt issuance costs previously recorded in other assets to long-term debt. After retrospectively applying this new ASU, we also reclassified $29 million of debt issuance costs as of December 31, 2014 from other assets to long-term debt in our condensed consolidated balance sheet. We continue to report fees paid to access our conduit facilities in other assets. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements. In August of 2015, the FASB issued ASU 2015-15, Interest - Imputation of Interest , to clarify that debt issuance costs associated with line-of-credit arrangements are to be deferred and amortized over the term of the arrangement. The amendment also acknowledged absence of authoritative guidance within previously issued ASU 2015-03 for debt issuance costs related to line-of-credit arrangements. The ASU is effective immediately. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements, as we were already in compliance with these amendments. Push Down Accounting In May of 2015, the FASB issued ASU 2015-08, Business Combinations-Pushdown Accounting , to remove Securities and Exchange Commission (the “SEC”) staff guidance on pushdown accounting from the Accounting Standards Codification. The SEC staff had previously rescinded its guidance with the issuance of Staff Accounting Bulletin No. 115 when the FASB issued its own pushdown accounting guidance in November 2014. The ASU is effective immediately. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements. Plan Accounting In July of 2015, the FASB issued ASU 2015-12, Plan Accounting , to simplify certain aspects of employee benefit plan (“EBP”) accounting while satisfying the needs of users of financial statements, including plan participants. The new guidance simplifies the measurement of fully benefit-responsive investment contracts and disclosures about plan investments. It also allows an EBP with a fiscal year end that doesn’t coincide with the end of a calendar month to choose a simpler way of measuring its investments and investment-related accounts. The ASU is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. We elected to early adopt this ASU as of September 30, 2015. The adoption of this ASU did not have a material effect on our condensed consolidated financial statements, as we were already in compliance with these amendments. ACCOUNTING PRONOUNCEMENTS TO BE ADOPTED Revenue Recognition In May of 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , which provides a consistent revenue accounting model across industries. In August of 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers - Deferral of the Effective Date , to defer the effective date of the new revenue recognition standard by one year, which would result in the ASU becoming effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Many of our revenue sources are not within the scope of this new standard, and we are evaluating whether the adoption of this ASU for those revenue sources that are in scope will have a material effect on our consolidated financial statements. Consolidation In February of 2015, the FASB issued ASU 2015-02, Consolidation - Amendments to the Consolidation Analysis , which amends the current consolidation guidance and ends the deferral granted to reporting entities with variable interests in investment companies from applying certain prior amendments to the VIE guidance. This ASU is applicable to entities across all industries, particularly those that use limited partnerships as well as entities in any industry that outsource decision making or have historically applied related party tiebreaker in their consolidation analysis and disclosures. The standard is effective for public business entities for annual periods beginning after December 15, 2015. Early adoption is allowed, including in any interim period. We are currently evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Cloud Computing Software In April of 2015, the FASB issued ASU 2015-05, Intangibles-Goodwill and Other Internal-Use Software , to provide guidance on a customer’s accounting for fees paid in a cloud computing arrangement (“CCA”). Under the new standard, customers will apply the same criteria as vendors to determine whether a CCA contains a software license or is solely a service contract. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. We evaluated the potential impact of adopting this ASU and concluded that it will not have a material effect on our consolidated financial statements. Fair Value Measurement Disclosures In May of 2015, the FASB issued ASU 2015-07, Fair Value Measurement , to remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. We have a few investments for which fair value is measured using the net asset value per share practical expedient. However, application of this ASU will not have a material effect on our consolidated financial statements. Short-Duration Insurance Contracts Disclosures In May of 2015, the FASB issued ASU 2015-09, Disclosures about Short-Duration Contracts , to address enhanced disclosure requirements for insurers relating to short-duration insurance contract claims and unpaid claims liability rollforward for long and short-duration contracts. The disclosures are intended to provide users of financial statements with more transparent information about an insurance entity’s initial claim estimates and subsequent adjustments to those estimates, the methodologies and judgments used to estimate claims, and the timing, frequency, and severity of claims. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. We are currently evaluating the potential impact of adopting the ASU on our consolidated financial statements. Technical Corrections and Improvements In June of 2015, the FASB issued ASU 2015-10, Technical Corrections and Improvements , to correct differences between original guidance and the Codification, clarify the guidance, correct references and make minor improvements affecting a variety of topics. While most of the amendments are not expected to have a significant effect on practice, some of them could change practice for some entities. The amendments to transition guidance are effective for fiscal years beginning after December 15, 2015; all other changes are effective upon issuance of this ASU. We are currently evaluating the potential impact of this ASU on our consolidated financial statements. Business Combination Adjustments In September of 2015, the FASB issued ASU 2015-16, Business Combinations , to eliminate the requirement to restate prior period financial statements for measurement period adjustments. This update requires the cumulative impact of a measurement period adjustment, including the impact on prior periods, to be recognized in the reporting period in which the adjustment is identified. The ASU is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. We are currently evaluating the potential impact of this ASU on our consolidated financial statements. We do not believe that any other recently issued, but not yet effective, accounting pronouncements, if adopted, would have a material impact on our consolidated financial statements or disclosures.

Business and Basis of Present27

Business and Basis of Presentation Prior Period Adjustments (Tables)	9 Months Ended
	Sep. 30, 2015
Prior Period Adjustments [Abstract]
Schedule of revised consolidated financial statements	We will also correct the prior period segment disclosures presented in our applicable quarterly and annual reports as follows: (dollars in millions) Consumer Real Other Assets * March 31, 2015 $ 5,117 $ 3,613 $ 1,690 December 31, 2014 4,411 4,116 441 September 30, 2014 4,633 3,745 615 June 30, 2014 4,397 6,688 963 December 31, 2013 4,139 8,650 520 * The revised amounts do not reflect the retrospective reclassifications of our debt issuance costs previously recorded in other assets to long-term debt, as a result of our early adoption of ASU 2015-03.

Finance Receivables (Tables)

Finance Receivables (Tables)	9 Months Ended
	Sep. 30, 2015
Allowance for finance receivable losses
Schedule of components of net finance receivables by type	Components of net finance receivables by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2015 Gross receivables * $ 4,763 $ 1,635 $ 543 $ 30 $ 6,971 Unearned finance charges and points and fees (802 ) — — (3 ) (805 ) Accrued finance charges 57 32 4 — 93 Deferred origination costs 43 — — — 43 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Gross receivables * $ 4,493 $ 1,941 $ 621 $ 52 $ 7,107 Unearned finance charges and points and fees (765 ) — (1 ) (5 ) (771 ) Accrued finance charges 58 38 5 1 102 Deferred origination costs 45 — — — 45 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483 * Gross receivables are defined as follows: • finance receivables purchased as a performing receivable — gross finance receivables equal the unpaid principal balance (“UPB”) for interest bearing accounts and the gross remaining contractual payments for precompute accounts; additionally, the remaining unearned discount, net of premium established at the time of purchase, is included in both interest bearing and precompute accounts to reflect the finance receivable balance at its fair value; • finance receivables originated subsequent to the Fortress Acquisition (as defined in the Purchased Credit Impaired Finance Receivables section located in this Note) — gross finance receivables equal the UPB for interest bearing accounts and the gross remaining contractual payments for precompute accounts; and • purchased credit impaired finance receivables — gross finance receivables equal the remaining estimated cash flows less the current balance of accretable yield on the purchased credit impaired accounts.
Schedule of unused credit lines extended to customers by the Company	Unused lines of credit extended to customers by the Company were as follows: (dollars in millions) September 30, December 31, Personal loans $ 2 $ 1 SpringCastle Portfolio 366 354 Real estate loans 31 31 Total $ 399 $ 386
Summary of net finance receivables by type and by days delinquent	The following is a summary of net finance receivables by type and by days delinquent: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2015 Net finance receivables: 60-89 days past due $ 48 $ 24 $ 16 $ 1 $ 89 90-119 days past due 36 15 4 — 55 120-149 days past due 29 11 3 — 43 150-179 days past due 24 9 2 — 35 180 days or more past due 2 1 12 — 15 Total delinquent finance receivables 139 60 37 1 237 Current 3,851 1,562 497 25 5,935 30-59 days past due 71 45 13 1 130 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Net finance receivables: 60-89 days past due $ 37 $ 31 $ 12 $ 1 $ 81 90-119 days past due 30 19 9 — 58 120-149 days past due 24 16 5 1 46 150-179 days past due 21 14 4 — 39 180 days or more past due 2 2 12 — 16 Total delinquent finance receivables 114 82 42 2 240 Current 3,661 1,839 565 45 6,110 30-59 days past due 56 58 18 1 133 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483
Schedule of performing and nonperforming net finance receivables by type	Our performing and nonperforming net finance receivables by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Retail Total September 30, 2015 Performing $ 3,970 $ 1,631 $ 526 $ 27 $ 6,154 Nonperforming 91 36 21 — 148 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Performing $ 3,754 $ 1,928 $ 595 $ 47 $ 6,324 Nonperforming 77 51 30 1 159 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483
Schedule of information regarding purchased credit impaired finance receivables	(dollars in millions) FA Loans September 30, 2015 Carrying amount, net of allowance $ 62 Outstanding balance 91 December 31, 2014 Carrying amount, net of allowance $ 68 Outstanding balance 99 Information regarding our purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) SCP Loans FA Loans * Total September 30, 2015 Carrying amount, net of allowance $ 251 $ 86 $ 337 Outstanding balance 515 139 654 Allowance for purchased credit impaired finance receivable losses — 5 5 December 31, 2014 Carrying amount, net of allowance $ 340 $ 93 $ 433 Outstanding balance 628 151 779 Allowance for purchased credit impaired finance receivable losses — 5 5 * Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) FA Loans September 30, 2015 Carrying amount, net of allowance $ 62 Outstanding balance 91 December 31, 2014 Carrying amount, net of allowance $ 68 Outstanding balance 99
Schedule of changes in accretable yield for purchased credit impaired finance receivables	(dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Accretion $ 2 $ 11 $ 5 $ 11 Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) SCP Loans FA Loans Total Three Months Ended September 30, 2015 Balance at beginning of period $ 474 $ 13 $ 487 Accretion (a) (20 ) (3 ) (23 ) Disposals of finance receivables (b) (7 ) — (7 ) Balance at end of period $ 447 $ 10 $ 457 Three Months Ended September 30, 2014 Balance at beginning of period $ 267 $ 627 $ 894 Accretion (a) (16 ) (20 ) (36 ) Transfers due to finance receivables sold — (564 ) (564 ) Disposals of finance receivables (b) (5 ) (4 ) (9 ) Balance at end of period $ 246 $ 39 $ 285 Nine Months Ended September 30, 2015 Balance at beginning of period $ 541 $ 19 $ 560 Accretion (a) (66 ) (8 ) (74 ) Disposals of finance receivables (b) (28 ) (1 ) (29 ) Balance at end of period $ 447 $ 10 $ 457 Nine Months Ended September 30, 2014 Balance at beginning of period $ 325 $ 772 $ 1,097 Accretion (a) (53 ) (76 ) (129 ) Reclassifications to nonaccretable difference (c) (1 ) — (1 ) Transfers due to finance receivables sold — (642 ) (642 ) Disposals of finance receivables (b) (25 ) (15 ) (40 ) Balance at end of period $ 246 $ 39 $ 285 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Accretion $ 2 $ 11 $ 5 $ 11 (b) Disposals of finance receivables represent finance charges forfeited due to purchased credit impaired finance receivables charged off during the period. (c) Reclassification to nonaccretable difference represents the decreases in accretion resulting from lower estimated undiscounted cash flows.
Schedule of TDR average net receivables and finance charges recognized on TDR finance receivables	TDR average net receivables held for investment and held for sale and finance charges recognized on TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans SpringCastle Portfolio Real Estate Loans * Total Three Months Ended September 30, 2015 TDR average net receivables $ 30 $ 12 $ 199 $ 241 TDR finance charges recognized — 1 2 3 Three Months Ended September 30, 2014 TDR average net receivables $ 17 $ 7 $ 799 $ 823 TDR finance charges recognized — — 10 10 Nine Months Ended September 30, 2015 TDR average net receivables $ 28 $ 12 $ 197 $ 237 TDR finance charges recognized 2 1 8 11 Nine Months Ended September 30, 2014 TDR average net receivables $ 15 $ 4 $ 1,194 $ 1,213 TDR finance charges recognized 1 — 45 46 * TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2015 TDR average net receivables $ 92 TDR finance charges recognized 2 Three Months Ended September 30, 2014 TDR average net receivables $ 411 TDR finance charges recognized 3 Nine Months Ended September 30, 2015 TDR average net receivables $ 91 TDR finance charges recognized 4 Nine Months Ended September 30, 2014 TDR average net receivables $ 411 TDR finance charges recognized 3
Schedule of information regarding TDR finance receivables	TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2015 TDR net finance receivables * $ — Number of TDR accounts 1 Three Months Ended September 30, 2014 TDR net finance receivables $ 2 Number of TDR accounts 30 Nine Months Ended September 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 14 Nine Months Ended September 30, 2014 TDR net finance receivables $ 2 Number of TDR accounts 30 * TDR real estate loans held for sale for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above. TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2015 TDR average net receivables $ 92 TDR finance charges recognized 2 Three Months Ended September 30, 2014 TDR average net receivables $ 411 TDR finance charges recognized 3 Nine Months Ended September 30, 2015 TDR average net receivables $ 91 TDR finance charges recognized 4 Nine Months Ended September 30, 2014 TDR average net receivables $ 411 TDR finance charges recognized 3 Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total September 30, 2015 TDR gross finance receivables (b) $ 30 $ 14 $ 199 $ 243 TDR net finance receivables 29 12 200 241 Allowance for TDR finance receivable losses 7 4 30 41 December 31, 2014 TDR gross finance receivables (b) $ 22 $ 11 $ 196 $ 229 TDR net finance receivables 22 10 196 228 Allowance for TDR finance receivable losses 1 3 32 36 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total September 30, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94 December 31, 2014 TDR gross finance receivables $ — $ 91 $ 91 TDR net finance receivables — 91 91 (b) As defined earlier in this Note. TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total September 30, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94 December 31, 2014 TDR gross finance receivables $ — $ 91 $ 91 TDR net finance receivables — 91 91 TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 50 33 83 Three Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ — $ 6 $ 6 Post-modification TDR net finance receivables $ — $ 7 $ 7 Number of TDR accounts — 89 89 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 4 $ 4 Post-modification TDR net finance receivables * $ — $ 5 $ 5 Number of TDR accounts 50 77 127 Nine Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ — $ 6 $ 6 Post-modification TDR net finance receivables $ — $ 7 $ 7 Number of TDR accounts — 89 89 * Pre-modification and post-modification TDR personal loans held for sale for the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above.
Schedule of information regarding new volume of the TDR finance receivables	Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 8 $ 1 $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 1 $ 3 $ 7 Other (b) 3 — 2 5 Total post-modification TDR net finance receivables $ 6 $ 1 $ 5 $ 12 Number of TDR accounts 1,557 142 95 1,794 Three Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ 5 $ 3 $ 29 $ 37 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 3 $ 25 $ 31 Other (b) 2 — 4 6 Total post-modification TDR net finance receivables $ 5 $ 3 $ 29 $ 37 Number of TDR accounts 1,127 367 405 1,899 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 24 $ 5 $ 16 $ 45 Post-modification TDR net finance receivables: Rate reduction $ 11 $ 5 $ 12 $ 28 Other (b) 9 — 4 13 Total post-modification TDR net finance receivables $ 20 $ 5 $ 16 $ 41 Number of TDR accounts 4,900 550 272 5,722 Nine Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ 11 $ 8 $ 211 $ 230 Post-modification TDR net finance receivables: Rate reduction $ 7 $ 8 $ 155 $ 170 Other (b) 4 — 45 49 Total post-modification TDR net finance receivables $ 11 $ 8 $ 200 $ 219 Number of TDR accounts 2,680 933 2,301 5,914 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 50 33 83 Three Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ — $ 6 $ 6 Post-modification TDR net finance receivables $ — $ 7 $ 7 Number of TDR accounts — 89 89 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 4 $ 4 Post-modification TDR net finance receivables * $ — $ 5 $ 5 Number of TDR accounts 50 77 127 Nine Months Ended September 30, 2014 Pre-modification TDR net finance receivables $ — $ 6 $ 6 Post-modification TDR net finance receivables $ — $ 7 $ 7 Number of TDR accounts — 89 89 * Pre-modification and post-modification TDR personal loans held for sale for the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above. (b) “Other” modifications include extension of term and forgiveness of principal or interest.
Schedule of net finance receivables that were modified as TDR finance receivables within the previous 12 months and for which there was a default during the period to cause TDR finance receivables to be considered nonperforming	Net finance receivables held for investment and held for sale that were modified as TDR finance receivables within the previous 12 months and for which there was a default during the period to cause the TDR finance receivables to be considered nonperforming (90 days or more past due) were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended September 30, 2015 TDR net finance receivables (b) (c) $ 1 $ — $ 1 $ 2 Number of TDR accounts 343 26 9 378 Three Months Ended September 30, 2014 TDR net finance receivables (b) (c) $ — $ — $ 2 $ 2 Number of TDR accounts 42 12 54 108 Nine Months Ended September 30, 2015 TDR net finance receivables (b) $ 3 $ 1 $ 2 $ 6 Number of TDR accounts 857 122 35 1,014 Nine Months Ended September 30, 2014 TDR net finance receivables (b) (c) $ — $ — $ 31 $ 31 Number of TDR accounts 74 12 488 574 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2015 TDR net finance receivables * $ — Number of TDR accounts 1 Three Months Ended September 30, 2014 TDR net finance receivables $ 2 Number of TDR accounts 30 Nine Months Ended September 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 14 Nine Months Ended September 30, 2014 TDR net finance receivables $ 2 Number of TDR accounts 30 * TDR real estate loans held for sale for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above. (b) Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. (c) TDR personal loans and SpringCastle Portfolio loans for the three and nine months ended September 30, 2014 and TDR SpringCastle Portfolio loans for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above.

Allowance for Finance Receiva29

Allowance for Finance Receivable Losses (Tables)	9 Months Ended
	Sep. 30, 2015
Loans and Leases Receivable, Allowance [Abstract]
Schedule of changes in the allowance for finance receivable losses by finance receivable type	Changes in the allowance for finance receivable losses by finance receivable type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Consolidated Total Three Months Ended September 30, 2015 Balance at beginning of period $ 141 $ 3 $ 35 $ 1 $ 180 Provision for finance receivable losses 60 20 2 — 82 Charge-offs (57 ) (22 ) (4 ) — (83 ) Recoveries 10 3 2 — 15 Reduction in the carrying value of personal loans transferred to finance receivables held for sale (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 35 $ 1 $ 193 Three Months Ended September 30, 2014 Balance at beginning of period $ 107 $ 1 $ 259 $ 1 $ 368 Provision for finance receivable losses 58 29 15 1 103 Charge-offs (47 ) (32 ) (13 ) (1 ) (93 ) Recoveries 7 3 1 — 11 Reduction in the carrying value of real estate loans transferred to finance receivables held for sale (b) — — (225 ) — (225 ) Balance at end of period $ 125 $ 1 $ 37 $ 1 $ 164 Nine Months Ended September 30, 2015 Balance at beginning of period $ 132 $ 3 $ 40 $ 1 $ 176 Provision for finance receivable losses 172 70 6 1 249 Charge-offs (178 ) (78 ) (15 ) (2 ) (273 ) Recoveries 28 9 4 1 42 Reduction in the carrying value of personal loans transferred to finance receivables held for sale (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 35 $ 1 $ 193 Nine Months Ended September 30, 2014 Balance at beginning of period $ 95 $ 1 $ 235 $ 2 $ 333 Provision for finance receivable losses 151 122 103 3 379 Charge-offs (139 ) (133 ) (67 ) (4 ) (343 ) Recoveries (c) 18 11 6 — 35 Reduction in the carrying value of real estate loans transferred to finance receivables held for sale (b) — — (240 ) — (240 ) Balance at end of period $ 125 $ 1 $ 37 $ 1 $ 164 (a) During the three and nine months ended September 30, 2015 , we reduced the carrying value of certain personal loans to $608 million as a result of the transfer of these finance receivables from finance receivables held for investment to finance receivables held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. (b) During the three and nine months ended September 30, 2014 , we reduced the carrying value of certain real estate loans to $5.4 billion and $6.7 billion , respectively, as a result of the transfer of these loans from finance receivables held for investment to finance receivables held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. (c) Recoveries during the nine months ended September 30, 2014 included $2 million of real estate loan recoveries resulting from a sale of previously charged-off real estate loans in March of 2014.
Schedule of carrying value charged-off for purchased credit impaired loans	The carrying value charged-off for purchased credit impaired loans was as follows: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Charged-off against provision for finance receivable losses: SCP Loans $ 4 $ 7 $ 17 $ 39 FA Loans gross charge-offs * — 2 1 15 * Represents additional impairment recognized, subsequent to the establishment of the pools of purchased credit impaired loans, related to loans that have been foreclosed and transferred to real estate owned status.
Schedule of allowance for finance receivable losses and net finance receivables by type and by impairment method	The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2015 Allowance for finance receivable losses for finance receivables: Collectively evaluated for impairment $ 146 $ — $ — $ 1 $ 147 Acquired with deteriorated credit quality (purchased credit impaired finance receivables) — — 5 — 5 Individually evaluated for impairment (TDR finance receivables) 7 4 30 — 41 Total $ 153 $ 4 $ 35 $ 1 $ 193 Finance receivables: Collectively evaluated for impairment $ 4,034 $ 1,404 $ 410 $ 27 $ 5,875 Purchased credit impaired finance receivables — 251 29 — 280 TDR finance receivables 27 12 108 — 147 Total $ 4,061 $ 1,667 $ 547 $ 27 $ 6,302 December 31, 2014 Allowance for finance receivable losses for finance receivables: Collectively evaluated for impairment $ 131 $ — $ 3 $ 1 $ 135 Purchased credit impaired finance receivables — — 5 — 5 TDR finance receivables 1 3 32 — 36 Total $ 132 $ 3 $ 40 $ 1 $ 176 Finance receivables: Collectively evaluated for impairment $ 3,809 $ 1,629 $ 490 $ 48 $ 5,976 Purchased credit impaired finance receivables — 340 30 — 370 TDR finance receivables 22 10 105 — 137 Total $ 3,831 $ 1,979 $ 625 $ 48 $ 6,483

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2015
Investment securities
Schedule of the cost/amortized cost, unrealized gains and losses, and fair value of available-for-sale securities by type	Cost/amortized cost, unrealized gains and losses, and fair value of available-for-sale securities by type were as follows: (dollars in millions) Cost/ Amortized Cost Unrealized Gains Unrealized Losses Fair Value September 30, 2015 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 69 $ — $ (1 ) $ 68 Obligations of states, municipalities, and political subdivisions 83 1 — 84 Corporate debt 248 3 (6 ) 245 Mortgage-backed, asset-backed, and collateralized: Residential mortgage-backed securities (“RMBS”) 79 — — 79 Commercial mortgage-backed securities (“CMBS”) 39 — — 39 Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) 32 — — 32 Total bonds 550 4 (7 ) 547 Preferred stock 16 — — 16 Other long-term investments 1 — — 1 Total (a) $ 567 $ 4 $ (7 ) $ 564 December 31, 2014 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 61 $ 3 $ — $ 64 Obligations of states, municipalities, and political subdivisions 99 3 — 102 Certificates of deposit and commercial paper (b) 3 — — 3 Corporate debt 256 12 (1 ) 267 Mortgage-backed, asset-backed, and collateralized: RMBS 71 2 — 73 CMBS 25 — (1 ) 24 CDO/ABS 63 — — 63 Total bonds 578 20 (2 ) 596 Preferred stock 7 — — 7 Other long-term investments 1 — — 1 Total (a) $ 586 $ 20 $ (2 ) $ 604 (a) Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 2015 and December 31, 2014 , which is classified as a restricted investment and carried at cost. (b) Includes certificates of deposit pledged as collateral, totaling $2 million at December 31, 2014, primarily to support bank lines of credit.
Schedule of fair value and unrealized losses on investment securities by type and length of time in a continuous unrealized loss position	Fair value and unrealized losses on available-for-sale securities by type and length of time in a continuous unrealized loss position were as follows: Less Than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Unrealized Losses * Fair Value Unrealized Losses * Fair Value Unrealized Losses September 30, 2015 Bonds: U.S. government and government sponsored entities $ 51 $ (1 ) $ — $ — $ 51 $ (1 ) Obligations of states, municipalities, and political subdivisions 15 — 11 — 26 — Corporate debt 107 (6 ) 14 — 121 (6 ) RMBS 8 — — — 8 — CMBS 19 — 7 — 26 — CDO/ABS 16 — — — 16 — Total bonds 216 (7 ) 32 — 248 (7 ) Preferred stock 6 — — — 6 — Other long-term investments 1 — — — 1 — Total $ 223 $ (7 ) $ 32 $ — $ 255 $ (7 ) December 31, 2014 Bonds: U.S. government and government sponsored entities $ — $ — $ 1 $ — $ 1 $ — Obligations of states, municipalities, and political subdivisions 27 — 1 — 28 — Corporate debt 36 (1 ) 6 — 42 (1 ) RMBS 9 — — — 9 — CMBS 16 (1 ) 2 — 18 (1 ) CDO/ABS 46 — — — 46 — Total bonds 134 (2 ) 10 — 144 (2 ) Preferred stock 6 — — — 6 — Total $ 140 $ (2 ) $ 10 $ — $ 150 $ (2 ) * Unrealized losses on certain available-for-sale securities were less than $ 1 million and, therefore, are not quantified in the table above.
Schedule of contractual maturities of fixed-maturity available-for-sale securities	Contractual maturities of fixed-maturity available-for-sale securities at September 30, 2015 were as follows: (dollars in millions) Fair Value Amortized Cost Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities: Due in 1 year or less $ 72 $ 72 Due after 1 year through 5 years 150 150 Due after 5 years through 10 years 57 57 Due after 10 years 118 121 Mortgage-backed, asset-backed, and collateralized securities 150 150 Total $ 547 $ 550
Schedule of fair value of trading securities by type	The fair value of trading securities by type was as follows: (dollars in millions) September 30, December 31, Fixed maturity trading securities: Bonds: U.S. government and government sponsored entities $ 783 $ 303 Obligations of states, municipalities, and political subdivisions — 14 Certificates of deposit and commercial paper — 238 Non-U.S. government and government sponsored entities — 20 Corporate debt 196 1,056 Mortgage-backed, asset-backed, and collateralized: RMBS 2 36 CMBS 45 151 CDO/ABS 151 512 Total $ 1,177 $ 2,330
Available-for-sale securities
Investment securities
Schedule of realized gains, realized losses, and net realized gains due to sale or redemption of fair values of available-for-sale securities	The fair values of available-for-sale securities sold or redeemed and the resulting realized gains, realized losses, and net realized gains were as follows: (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Fair value $ 168 $ 108 $ 374 $ 215 Realized gains $ 4 $ 5 $ 15 $ 7 Realized losses — — (1 ) — Net realized gains $ 4 $ 5 $ 14 $ 7
Trading securities
Investment securities
Schedule of net unrealized and realized gains (losses) on trading securities	The net unrealized and realized gains (losses) on our trading securities, which we report in investment revenues, were as follows: (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net unrealized gains (losses) on trading securities held at period end $ (1 ) $ (2 ) $ 3 $ (1 ) Net realized losses on trading securities sold or redeemed (1 ) — (2 ) — Total $ (2 ) $ (2 ) $ 1 $ (1 )

Long-term Debt (Tables)

Long-term Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Schedule of principal maturities of long-term debt by type of debt	Principal maturities of long-term debt (excluding projected securitization repayments by period) by type of debt at September 30, 2015 were as follows: (dollars in millions) Medium Term Notes Securitizations Junior Subordinated Debt Total Interest rates (a) 5.25%-8.25% 1.87%-6.82% 6.00 % Fourth quarter 2015 $ 750 $ — $ — $ 750 First quarter 2016 — — — — Second quarter 2016 — — — — Third quarter 2016 375 — — 375 Remainder of 2016 — — — — 2017 1,902 — — 1,902 2018 — — — — 2019 700 — — 700 2020-2067 1,250 — 350 1,600 Securitizations (b) — 4,784 — 4,784 Total principal maturities $ 4,977 $ 4,784 $ 350 $ 10,111 Total carrying amount (c) $ 4,613 $ 4,771 $ 171 $ 9,555 Debt issuance costs (d) $ (13 ) $ (17 ) $ — $ (30 ) (a) The interest rates shown are the range of contractual rates in effect at September 30, 2015 . (b) Securitizations are not included in above maturities by period due to their variable monthly repayments. See Note 10 for further information on our long-term debt associated with securitizations. (c) The net carrying amount of our long-term debt associated with certain securitizations that were either (1) issued at a premium or discount or (2) revalued at a premium or discount based on its fair value at the time of the Fortress Acquisition or (3) recorded at fair value on a recurring basis in circumstances when the embedded derivative within the securitization structure cannot be separately accounted for at fair value. (d) As a result of our early adoption of ASU 2015-03 in June of 2015, we report debt issuance costs as a direct deduction from long-term debt.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2015
Variable Interest Entities
Schedule of carrying amounts of consolidated VIE assets and liabilities associated with securitization trusts	The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts were as follows: (dollars in millions) September 30, December 31, Assets Finance receivables: Personal loans $ 2,096 $ 1,853 SpringCastle Portfolio 1,667 1,979 Allowance for finance receivable losses 131 72 Finance receivables held for sale 484 — Restricted cash and cash equivalents 256 210 Liabilities Long-term debt * $ 4,771 $ 3,630 * As a result of our early adoption of ASU 2015-03 in June of 2015, we reclassified $14 million of debt issuance costs related to our long-term debt associated with our securitizations as of December 31, 2014, from other assets to long-term debt.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule of computation of earnings per share	The computation of earnings (loss) per share was as follows: (dollars in millions except earnings (loss) per share) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Numerator (basic and diluted): Net income (loss) attributable to Springleaf Holdings, Inc. $ (11 ) $ 427 $ (23 ) $ 551 Denominator: Weighted average number of shares outstanding (basic) 134,452,763 114,788,439 125,701,635 114,788,439 Effect of dilutive securities * — 527,875 — 423,959 Weighted average number of shares outstanding (diluted) 134,452,763 115,316,314 125,701,635 115,212,398 Earnings (loss) per share: Basic $ (0.08 ) $ 3.72 $ (0.18 ) $ 4.80 Diluted $ (0.08 ) $ 3.70 $ (0.18 ) $ 4.79 * We have excluded the following shares in the diluted loss per share calculation for the three and nine months ended September 30, 2015 because these shares would be anti-dilutive, which could impact the earnings per share calculation in the future: • 593,331 performance shares and 521,127 service shares for the three months ended September 30, 2015 ; and • 593,068 performance shares and 472,259 service shares for the nine months ended September 30, 2015 .

Accumulated Other Comprehensi34

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of changes in accumulated other comprehensive income	Changes in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains Investment Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended September 30, 2015 Balance at beginning of period $ 2 $ (13 ) $ 4 $ (7 ) Other comprehensive loss before reclassifications (2 ) — — (2 ) Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 ) Three Months Ended September 30, 2014 Balance at beginning of period $ 14 $ 20 $ 4 $ 38 Other comprehensive loss before reclassifications (2 ) — — (2 ) Reclassification adjustments from accumulated other comprehensive income (2 ) — — (2 ) Balance at end of period $ 10 $ 20 $ 4 $ 34 Nine Months Ended September 30, 2015 Balance at beginning of period $ 12 $ (13 ) $ 4 $ 3 Other comprehensive loss before reclassifications (5 ) — — (5 ) Reclassification adjustments from accumulated other comprehensive income (loss) (9 ) — — (9 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 ) Nine Months Ended September 30, 2014 Balance at beginning of period $ 4 $ 20 $ 4 $ 28 Other comprehensive income before reclassifications 10 — — 10 Reclassification adjustments from accumulated other comprehensive income (4 ) — — (4 ) Balance at end of period $ 10 $ 20 $ 4 $ 34
Schedule of reclassification adjustments from accumulated other comprehensive income	Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our condensed consolidated statements of operations were as follows: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Unrealized gains on investment securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 4 $ 3 $ 14 $ 6 Income tax effect (2 ) (1 ) (5 ) (2 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ 2 $ 2 $ 9 $ 4

Contingencies (Tables)

Contingencies (Tables)	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Finance Receivables Activity in Reserve for Sales Recourse Obligations	The activity in our reserve for sales recourse obligations associated with the real estate loan sales during 2014 and other prior sales of finance receivables was as follows: Three Months Ended Nine Months Ended (dollars in millions) 2015 2014 2015 2014 Balance at beginning of period $ 18 $ 5 $ 24 $ 5 Recourse losses — — (5 ) — Provision for recourse obligations, net of recoveries * — 8 (1 ) 8 Balance at end of period $ 18 $ 13 $ 18 $ 13 * Reflects the elimination of the reserve associated with other prior sales of finance receivables.

Benefit Plans (Tables)

Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of components of net periodic benefit cost	The following table presents the components of net periodic benefit cost with respect to our defined benefit pension plans: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Pension Components of net periodic benefit cost: Interest cost $ 4 $ 3 $ 12 $ 11 Expected return on assets (5 ) (4 ) (14 ) (12 ) Net periodic benefit cost $ (1 ) $ (1 ) $ (2 ) $ (1 )

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Schedule of information about the Company's segments as well as reconciliations to consolidated financial statement amounts	The following tables present information about the Company’s segments as well as reconciliations to the condensed consolidated financial statement amounts. (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Other Eliminations Push-down Consolidated Three Months Ended Interest income $ 293 $ 114 $ 17 $ 1 $ — $ 3 $ 428 Interest expense 43 22 58 16 — 32 171 Provision for finance receivable losses 62 19 (4 ) — — 5 82 Net interest income (loss) after provision for finance receivable losses 188 73 (37 ) (15 ) — (34 ) 175 Other revenues 55 13 (2 ) — (13 ) (2 ) 51 Other expenses 166 27 8 15 (13 ) 1 204 Income (loss) before provision for (benefit from) income taxes 77 59 (47 ) (30 ) — (37 ) 22 Income before provision for income taxes attributable to non-controlling interests — 31 — — — — 31 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 77 $ 28 $ (47 ) $ (30 ) $ — $ (37 ) $ (9 ) (dollars in millions) Consumer and Insurance Acquisitions Real Other Eliminations Push-down Consolidated Three Months Ended Interest income $ 236 $ 131 $ 95 $ 5 $ — $ 17 $ 484 Interest expense 40 18 84 2 — 36 180 Provision for finance receivable losses 56 27 37 2 — (19 ) 103 Net interest income (loss) after provision for finance receivable losses 140 86 (26 ) 1 — — 201 Other revenues 61 17 277 — (16 ) 347 686 Other expenses 138 29 36 3 (16 ) — 190 Income (loss) before provision for (benefit from) income taxes 63 74 215 (2 ) — 347 697 Income before provision for income taxes attributable to non-controlling interests — 35 — — — — 35 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 63 $ 39 $ 215 $ (2 ) $ — $ 347 $ 662 (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Push-down Accounting Adjustments Consolidated Total At or for the Nine Months Ended Interest income $ 818 $ 361 $ 52 $ 6 $ — $ 10 $ 1,247 Interest expense 119 67 177 48 (5 ) 94 500 Provision for finance receivable losses 172 69 (7 ) 1 — 14 249 Net interest income (loss) after provision for finance receivable losses 527 225 (118 ) (43 ) 5 (98 ) 498 Other revenues 162 45 4 — (45 ) (8 ) 158 Other expenses 471 82 24 45 (40 ) 3 585 Income (loss) before provision for (benefit from) income taxes 218 188 (138 ) (88 ) — (109 ) 71 Income before provision for income taxes attributable to non-controlling interests — 93 — — — — 93 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 218 $ 95 $ (138 ) $ (88 ) $ — $ (109 ) $ (22 ) Assets $ 5,743 $ 1,759 $ 3,551 $ 2,255 $ — $ (24 ) $ 13,284 (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Push-down Accounting Adjustments Consolidated Total At or for the Nine Months Ended Interest income $ 666 $ 414 $ 387 $ 14 $ — $ 88 $ 1,569 Interest expense 122 58 291 6 — 100 577 Provision for finance receivable losses 149 121 119 7 — (17 ) 379 Net interest income (loss) after provision for finance receivable losses 395 235 (23 ) 1 — 5 613 Other revenues 168 37 188 1 (51 ) 516 859 Other expenses 392 94 78 14 (51 ) 2 529 Income (loss) before provision for (benefit from) income taxes 171 178 87 (12 ) — 519 943 Income before provision for income taxes attributable to non-controlling interests — 82 — — — — 82 Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc. $ 171 $ 96 $ 87 $ (12 ) $ — $ 519 $ 861 Assets (a) (b) $ 4,608 $ 2,251 $ 3,745 $ 615 $ — $ 15 $ 11,234 (a) As a result of our early adoption of ASU 2015-03, we reclassified $29 million of debt issuance costs from other assets to long-term debt as of September 30, 2014 . (b) See Note 1 for further information on the correction of this prior period disclosure.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of fair values and carrying values of financial instruments and fair value hierarchy based on the level of inputs utilized to determine such fair value	The following table summarizes the fair values and carrying values of our financial instruments and indicates the fair value hierarchy based on the level of inputs we utilized to determine such fair values: Fair Value Measurements Using Total Total (dollars in millions) Level 1 Level 2 Level 3 September 30, 2015 Assets Cash and cash equivalents $ 3,570 $ 295 $ — $ 3,865 $ 3,865 Investment securities — 1,730 12 1,742 1,742 Net finance receivables, less allowance for finance receivable losses — — 6,736 6,736 6,109 Finance receivables held for sale — — 802 802 797 Restricted cash and cash equivalents 270 — — 270 270 Other assets: Commercial mortgage loans — — 71 71 71 Escrow advance receivable — — 10 10 10 Receivables related to sales of real estate loans and related trust assets — 3 — 3 9 Liabilities Long-term debt $ — $ 10,212 $ — $ 10,212 $ 9,555 December 31, 2014 Assets Cash and cash equivalents $ 714 $ 165 $ — $ 879 $ 879 Investment securities — 2,926 9 2,935 2,935 Net finance receivables, less allowance for finance receivable losses — — 6,979 6,979 6,307 Finance receivables held for sale — — 209 209 205 Restricted cash and cash equivalents 218 — — 218 218 Other assets: Commercial mortgage loans — — 78 78 85 Escrow advance receivable — — 8 8 8 Receivables related to sales of real estate loans and related trust assets — 67 — 67 79 Liabilities Long-term debt $ — $ 9,182 $ — $ 9,182 $ 8,356
Schedule of assets and liabilities measured at fair value on a recurring basis	The following tables present information about our assets measured at fair value on a recurring basis and indicates the fair value hierarchy based on the levels of inputs we utilized to determine such fair value: Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 September 30, 2015 Assets Cash equivalents in mutual funds $ 1,231 $ — $ — $ 1,231 Cash equivalents in certificates of deposit and commercial paper — 295 — 295 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 68 — 68 Obligations of states, municipalities, and political subdivisions — 84 — 84 Corporate debt — 245 — 245 RMBS — 79 — 79 CMBS — 39 — 39 CDO/ABS — 32 — 32 Total bonds — 547 — 547 Preferred stock — 6 10 16 Other long-term investments (a) — — 1 1 Total available-for-sale securities (b) — 553 11 564 Trading securities: Bonds: U.S. government and government sponsored entities — 783 — 783 Corporate debt — 196 — 196 RMBS — 2 — 2 CMBS — 45 — 45 CDO/ABS — 151 — 151 Total trading securities — 1,177 — 1,177 Total investment securities — 1,730 11 1,741 Restricted cash in mutual funds 252 — — 252 Total $ 1,483 $ 2,025 $ 11 $ 3,519 Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 December 31, 2014 Assets Cash equivalents in mutual funds $ 236 $ — $ — $ 236 Cash equivalents in certificates of deposit and commercial paper — 165 — 165 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 64 — 64 Obligations of states, municipalities, and political subdivisions — 102 — 102 Certificates of deposit and commercial paper — 3 — 3 Corporate debt — 263 4 267 RMBS — 73 — 73 CMBS — 21 3 24 CDO/ABS — 63 — 63 Total bonds — 589 7 596 Preferred stock — 7 — 7 Other long-term investments (a) — — 1 1 Total available-for-sale securities (b) — 596 8 604 Trading securities: Bonds: U.S. government and government sponsored entities — 303 — 303 Obligations of states, municipalities, and political subdivisions — 14 — 14 Certificates of deposit and commercial paper — 238 — 238 Non-U.S. government and government sponsored entities — 20 — 20 Corporate debt — 1,056 — 1,056 RMBS — 36 — 36 CMBS — 151 — 151 CDO/ABS — 512 — 512 Total trading securities — 2,330 — 2,330 Total investment securities — 2,926 8 2,934 Restricted cash in mutual funds 207 — — 207 Total $ 443 $ 3,091 $ 8 $ 3,542 (a) Other long-term investments excludes an immaterial interest in a limited partnership that we account for using the equity method. (b) Common stocks not carried at fair value totaled $1 million at September 30, 2015 and December 31, 2014 and, therefore, have been excluded from the table above.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the three months ended September 30, 2015 : Net gains (losses) included in: Purchases, sales, issues, settlements * Transfers into Transfers Balance Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Three Months Ended Investment securities: Available-for-sale securities: Preferred stock $ — $ — $ — $ 10 $ — $ — $ 10 Other long-term investments 1 — — — — — 1 Total $ 1 $ — $ — $ 10 $ — $ — $ 11 * “Purchases, sales, issues, and settlements” column consisted only of purchases. The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the nine months ended September 30, 2014 : Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into Level 3 (b) Transfers out of Level 3 (c) Balance at end of period Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Nine Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 13 $ — $ — $ (8 ) $ — $ — $ 5 CDO/ABS 1 — — — — (1 ) — Total bonds 14 — — (8 ) — (1 ) 5 Other long-term investments 1 — — — — — 1 Total available-for-sale securities 15 — — (8 ) — (1 ) 6 Trading securities: Bonds: RMBS — — — — 1 (1 ) — CDO/ABS 7 — — — — (1 ) 6 Total trading securities 7 — — — 1 (2 ) 6 Total $ 22 $ — $ — $ (8 ) $ 1 $ (3 ) $ 12 (a) “Purchases, sales, issues, and settlements” column consisted only of settlements, as the purchases were less than $1 million . (b) During the nine months ended September 30, 2014 , we transferred $1 million of RMBS securities into Level 3 primarily related to the re-evaluated observability of pricing inputs. (c) During the nine months ended September 30, 2014 , we transferred RMBS and CDO/ABS securities totaling $3 million out of Level 3 primarily related to the re-evaluated observability of pricing inputs. The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the three months ended September 30, 2014 : Net gains (losses) included in: Purchases, Transfers into Transfers Balance Balance at beginning of period Other Other (dollars in millions) Three Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 5 $ — $ — $ — $ — $ — $ 5 Other long-term investments 1 — — — — — 1 Total available-for-sale securities 6 — — — — — 6 Trading securities: Bonds: CDO/ABS 6 — — — — — 6 Total $ 12 $ — $ — $ — $ — $ — $ 12 The following table presents changes in Level 3 assets measured at fair value on a recurring basis for the nine months ended September 30, 2015 : Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into Transfers Balance Balance at Other Other (dollars in millions) Nine Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — CMBS 3 — — — — (3 ) — Total bonds 7 — — (4 ) — (3 ) — Preferred stock — — — 10 — — 10 Other long-term investments 1 — — — — — 1 Total $ 8 $ — $ — $ 6 $ — $ (3 ) $ 11 (a) The detail of purchases and settlements is presented in the table below: (dollars in millions) Purchases Settlements Total Nine Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ — $ (4 ) $ (4 ) Preferred stock 10 — 10 Total $ 10 $ (4 ) $ 6 (b) During the nine months ended September 30, 2015 , we transferred CMBS securities totaling $3 million out of Level 3 primarily related to the greater observability of pricing inputs.
Quantitative information about Level 3 inputs for assets measured on a recurring basis	Quantitative information about Level 3 inputs for our assets measured at fair value on a recurring basis for which information about the unobservable inputs is reasonably available to us at September 30, 2015 and December 31, 2014 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 30, 2015 December 31, 2014 Corporate debt Discounted cash flows Yield — 1.05% (a) RMBS Discounted cash flows Spread 743 bps (a) 736 bps (a) (b) CMBS Discounted cash flows Spread — 139 bps (a) (b) Other long-term investments Discounted cash flows and indicative valuations Historical costs Nature of investment Local market conditions Comparables Operating performance Recent financing activity N/A (c) N/A (c) Preferred stock Market approach Historical cost N/A (c) N/A (c) (a) At September 30, 2015 and December 31, 2014, RMBS consisted of one bond, which was less than $1 million . At December 31, 2014, corporate debt and CMBS also consisted of one bond. (b) During the first quarter of 2015, we identified that we incorrectly disclosed the weighted average ranges of our RMBS bond and CMBS bond as of December 31, 2014. The weighted average ranges of these bonds at December 31, 2014 have been corrected in the table above. (c) Not applicable.
Schedule of assets measured at fair value on a non-recurring basis on which impairment charges were recorded	Assets measured at fair value on a non-recurring basis on which we recorded impairment charges were as follows: Fair Value Measurements Using * (dollars in millions) Level 1 Level 2 Level 3 Total September 30, 2015 Assets Real estate owned $ — $ — $ 12 $ 12 Commercial mortgage loans — — 8 8 Total $ — $ — $ 20 $ 20 December 31, 2014 Assets Real estate owned $ — $ — $ 19 $ 19 Commercial mortgage loans — — 11 11 Total $ — $ — $ 30 $ 30 * The fair value information presented in the table above is as of the date the fair value adjustment was recorded.
Schedule of net impairment charges recorded on assets measured at fair value on a non-recurring basis	Net impairment charges recorded on assets measured at fair value on a non-recurring basis were as follows: (dollars in millions) Three Months Ended Nine Months Ended 2015 2014 2015 2014 Assets Real estate owned $ 1 $ 3 $ 3 $ 13 Commercial mortgage loans — (1 ) (2 ) (2 ) Total $ 1 $ 2 $ 1 $ 11
Quantitative information about Level 3 inputs for assets measured on a nonrecurring basis	Quantitative information about Level 3 inputs for our assets measured at fair value on a non-recurring basis at September 30, 2015 and December 31, 2014 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 30, 2015 December 31, 2014 Real estate owned Market approach Third-party valuation N/A* N/A* Commercial mortgage loans Market approach Income approach Cost approach Local market conditions Nature of investment Comparable property sales Operating performance N/A* N/A* * Not applicable.

Business and Basis of Present39

Business and Basis of Presentation (Details)	Sep. 30, 2015
Related party transactions
Equity method investment, ownership percentage	47.00%
Springleaf Financial Holdings, LLC
Related party transactions
Related party, ownership percentage	58.00%
Affiliates of Fortress or AIG
Related party transactions
Related party, ownership percentage	55.00%
Subsidiaries of American International Group Inc
Related party transactions
Related party, ownership percentage	3.00%

Business and Basis of Present40

Business and Basis of Presentation Prior Period Adjustments (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended				9 Months Ended
		Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2014		Sep. 30, 2015	Sep. 30, 2014		Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Provision for finance receivable losses		$ 82		$ 103		$ 249	$ 379
Provision for income taxes		$ 2		$ 235		$ 1	$ 310
Basic (in dollars per share)		$ (0.08)		$ 3.72		$ (0.18)	$ 4.80
Diluted (in dollars per share)		$ (0.08)		$ 3.70		$ (0.18)	$ 4.79
Assets		$ 13,284		$ 11,234	[1],[2]	$ 13,284	$ 11,234	[1],[2]		$ 11,029
Operating segments | Consumer and Insurance
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Provision for finance receivable losses		62		56		172	149
Assets		5,743		4,608	[1],[2]	5,743	4,608	[1],[2]
Operating segments | Real Estate
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Provision for finance receivable losses		(4)		37		(7)	119
Assets		3,551		3,745	[1],[2]	3,551	3,745	[1],[2]
Other
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Provision for finance receivable losses		0		2		1	7
Assets		$ 2,255		615	[1],[2]	$ 2,255	615	[1],[2]
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cash and cash equivalents										165
Provision for finance receivable losses			$ 8
Provision for income taxes			$ (3)
Basic (in dollars per share)			$ (0.03)
Restatement Adjustment [Member] | Real Estate Loans Held for Sale
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Escrow Liability										15
Restatement Adjustment [Member] | Operating segments | Consumer and Insurance
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Assets	[3]			4,633			4,633		$ 5,117	4,411	$ 4,397	$ 4,139
Restatement Adjustment [Member] | Operating segments | Real Estate
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Assets	[3]			3,745			3,745		3,613	4,116	6,688	8,650
Restatement Adjustment [Member] | Other
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Assets	[3]			$ 615			$ 615		$ 1,690	$ 441	$ 963	$ 520
[1]	As a result of our early adoption of ASU 2015-03, we reclassified $29 million of debt issuance costs from other assets to long-term debt as of September 30, 2014.
[2]	See Note 1 for further information on the correction of this prior period disclosure.
[3]	The revised amounts do not reflect the retrospective reclassifications of our debt issuance costs previously recorded in other assets to long-term debt, as a result of our early adoption of ASU 2015-03.

Significant Transactions Pendin

Significant Transactions Pending OneMain Acquisition (Details) - USD ($) $ in Millions	Mar. 02, 2015	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2014
Business Acquisition [Line Items]
Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)			$ 608	$ 6,902
OneMain Financial Holdings, Inc.
Business Acquisition [Line Items]
Aggregate Purchase Price	$ 4,250
OneMain stockholders equity at closing	1,940
Maximum Allowed for Revenues for Separate Accounts	677
Seller termination fee	$ 213
Personal loans | OneMain Financial Holdings, Inc.
Business Acquisition [Line Items]
Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)		$ 608

Significant Transactions Equity

Significant Transactions Equity Transaction (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2015	May. 04, 2015
Business Acquisition [Line Items]
Common stock offering (shares)		27,864,525
Proceeds from sale of common stock		$ 976
Secondary offering related expenses		$ 24
Incentive distribution	$ 15
Springleaf Holding Inc
Business Acquisition [Line Items]
Common stock offering (shares)		19,417,476
Affiliates of Fortress or AIG
Business Acquisition [Line Items]
Common stock offering (shares)		8,447,049

Recent Accounting Pronounceme43

Recent Accounting Pronouncements Recent Accounting Pronouncements (Details) - USD ($) $ in Millions	Sep. 30, 2015		Jun. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
New Accounting Pronouncement, Early Adoption [Line Items]
Other assets	$ 501			$ 485
Long-term debt	$ 9,555	[1]		8,356
New Accounting Pronouncement, Early Adoption, Effect
New Accounting Pronouncement, Early Adoption [Line Items]
Other assets			$ 32	29	$ 29
Long-term debt			$ 32	$ 29
[1]	The net carrying amount of our long-term debt associated with certain securitizations that were either (1) issued at a premium or discount or (2) revalued at a premium or discount based on its fair value at the time of the Fortress Acquisition or (3) recorded at fair value on a recurring basis in circumstances when the embedded derivative within the securitization structure cannot be separately accounted for at fair value.

Finance Receivables (Details)

Finance Receivables (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Finance Receivables
Equity method investment, ownership percentage	47.00%
Net finance receivables	$ 6,302,000,000	$ 6,483,000,000
Finance receivables held for sale	797,000,000	205,000,000
Amount of commitments to lend additional funds on TDR finance receivables	0
Consolidated VIEs
Finance Receivables
Finance receivables held for sale	$ 484,000,000	0
Real estate loans secured by first mortgage
Finance Receivables
Percentage of net finance receivables outstanding	38.00%
Real estate loans secured by second mortgage
Finance Receivables
Percentage of net finance receivables outstanding	62.00%
Personal loans
Finance Receivables
Net finance receivables	$ 4,061,000,000	3,831,000,000
Personal loans | Consumer Loan Securitizations | Consolidated VIEs
Finance Receivables
Net finance receivables	2,096,000,000	1,853,000,000
Personal loans | Titled personal property
Finance Receivables
Amount of receivable secured by personal property	$ 2,300,000,000
Percentage of net finance receivables secured by the real and/or personal property of the borrower	55.00%
Personal loans | Consumer household goods or other items of personal property
Finance Receivables
Amount of receivable secured by personal property	$ 1,800,000,000
Percentage of net finance receivables secured by the real and/or personal property of the borrower	45.00%
Personal loans | Minimum
Finance Receivables
Finance receivables, original term (years)	2 years
Personal loans | Maximum
Finance Receivables
Finance receivables, original term (years)	5 years
Real estate loans
Finance Receivables
Net finance receivables	$ 547,000,000	625,000,000
Finance receivables held for sale	189,000,000
Real estate loans | Real estate loans secured by first mortgage
Finance Receivables
Net finance receivables	209,000,000
Real estate loans | Real estate loans secured by second mortgage
Finance Receivables
Net finance receivables	$ 338,000,000
Real estate loans | Maximum
Finance Receivables
Finance receivables, original term (years)	360 months
SpringCastle Portfolio
Finance Receivables
Net finance receivables	$ 1,667,000,000	1,979,000,000
SpringCastle Portfolio | Consolidated VIEs
Finance Receivables
Net finance receivables		2,000,000,000
Retail Sales Finance
Finance Receivables
Net finance receivables	$ 27,000,000	$ 48,000,000
Retail Sales Finance | Maximum
Finance Receivables
Finance receivables, original term (years)	60 months
Revolving Retail
Finance Receivables
Accrual of finance charges, past due period	180 days

Finance Receivables (Details 2)

Finance Receivables (Details 2) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	[1]	$ 6,971	$ 7,107
Unearned finance charges and points and fees		(805)	(771)
Accrued finance charges		93	102
Deferred origination costs		43	45
Net finance receivables		6,302	6,483
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	[1]	4,763	4,493
Unearned finance charges and points and fees		(802)	(765)
Accrued finance charges		57	58
Deferred origination costs		43	45
Net finance receivables		4,061	3,831
SpringCastle Portfolio
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	[1]	1,635	1,941
Unearned finance charges and points and fees		0	0
Accrued finance charges		32	38
Deferred origination costs		0	0
Net finance receivables		1,667	1,979
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	[1]	543	621
Unearned finance charges and points and fees		0	(1)
Accrued finance charges		4	5
Deferred origination costs		0	0
Net finance receivables		547	625
Retail Sales Finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	[1]	30	52
Unearned finance charges and points and fees		(3)	(5)
Accrued finance charges		0	1
Deferred origination costs		0	0
Net finance receivables		$ 27	$ 48
[1]	Gross receivables are defined as follows:•finance receivables purchased as a performing receivable — gross finance receivables equal the unpaid principal balance (“UPB”) for interest bearing accounts and the gross remaining contractual payments for precompute accounts; additionally, the remaining unearned discount, net of premium established at the time of purchase, is included in both interest bearing and precompute accounts to reflect the finance receivable balance at its fair value;•finance receivables originated subsequent to the Fortress Acquisition (as defined in the Purchased Credit Impaired Finance Receivables section located in this Note) — gross finance receivables equal the UPB for interest bearing accounts and the gross remaining contractual payments for precompute accounts; and•purchased credit impaired finance receivables — gross finance receivables equal the remaining estimated cash flows less the current balance of accretable yield on the purchased credit impaired accounts.

Finance Receivables (Details 3)

Finance Receivables (Details 3) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due
Unused Commitments to Extend Credit	$ 399	$ 386
Personal loans
Financing Receivable, Recorded Investment, Past Due
Unused Commitments to Extend Credit	2	1
SpringCastle Portfolio
Financing Receivable, Recorded Investment, Past Due
Unused Commitments to Extend Credit	366	354
Real estate loans
Financing Receivable, Recorded Investment, Past Due
Unused Commitments to Extend Credit	$ 31	$ 31

Finance Receivables (Details 4)

Finance Receivables (Details 4) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Net finance receivables:
Total delinquent finance receivables	$ 237	$ 240
Current	5,935	6,110
Net finance receivables	6,302	6,483
Personal loans
Net finance receivables:
Total delinquent finance receivables	139	114
Current	3,851	3,661
Net finance receivables	4,061	3,831
SpringCastle Portfolio
Net finance receivables:
Total delinquent finance receivables	60	82
Current	1,562	1,839
Net finance receivables	1,667	1,979
Real estate loans
Net finance receivables:
Total delinquent finance receivables	37	42
Current	497	565
Net finance receivables	547	625
Retail Sales Finance
Net finance receivables:
Total delinquent finance receivables	1	2
Current	25	45
Net finance receivables	27	48
60-89 days past due
Net finance receivables:
Net finance receivables	89	81
60-89 days past due | Personal loans
Net finance receivables:
Net finance receivables	48	37
60-89 days past due | SpringCastle Portfolio
Net finance receivables:
Net finance receivables	24	31
60-89 days past due | Real estate loans
Net finance receivables:
Net finance receivables	16	12
60-89 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	1	1
90-119 days past due
Net finance receivables:
Net finance receivables	55	58
90-119 days past due | Personal loans
Net finance receivables:
Net finance receivables	36	30
90-119 days past due | SpringCastle Portfolio
Net finance receivables:
Net finance receivables	15	19
90-119 days past due | Real estate loans
Net finance receivables:
Net finance receivables	4	9
90-119 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
120-149 days past due
Net finance receivables:
Net finance receivables	43	46
120-149 days past due | Personal loans
Net finance receivables:
Net finance receivables	29	24
120-149 days past due | SpringCastle Portfolio
Net finance receivables:
Net finance receivables	11	16
120-149 days past due | Real estate loans
Net finance receivables:
Net finance receivables	3	5
120-149 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	1
150-179 days past due
Net finance receivables:
Net finance receivables	35	39
150-179 days past due | Personal loans
Net finance receivables:
Net finance receivables	24	21
150-179 days past due | SpringCastle Portfolio
Net finance receivables:
Net finance receivables	9	14
150-179 days past due | Real estate loans
Net finance receivables:
Net finance receivables	2	4
150-179 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
180 days or more past due
Net finance receivables:
Net finance receivables	15	16
180 days or more past due | Personal loans
Net finance receivables:
Net finance receivables	2	2
180 days or more past due | SpringCastle Portfolio
Net finance receivables:
Net finance receivables	1	2
180 days or more past due | Real estate loans
Net finance receivables:
Net finance receivables	12	12
180 days or more past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
30-59 days past due
Net finance receivables:
Net finance receivables	130	133
30-59 days past due | Personal loans
Net finance receivables:
Net finance receivables	71	56
30-59 days past due | SpringCastle Portfolio
Net finance receivables:
Net finance receivables	45	58
30-59 days past due | Real estate loans
Net finance receivables:
Net finance receivables	13	18
30-59 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	$ 1	$ 1

Finance Receivables (Details 5)

Finance Receivables (Details 5) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Performing and nonperforming net finance receivables by type
Net finance receivables	$ 6,302	$ 6,483
Personal loans
Performing and nonperforming net finance receivables by type
Net finance receivables	4,061	3,831
SpringCastle Portfolio
Performing and nonperforming net finance receivables by type
Net finance receivables	1,667	1,979
Real estate loans
Performing and nonperforming net finance receivables by type
Net finance receivables	547	625
Retail Sales Finance
Performing and nonperforming net finance receivables by type
Net finance receivables	27	48
Performing
Performing and nonperforming net finance receivables by type
Net finance receivables	6,154	6,324
Performing | Personal loans
Performing and nonperforming net finance receivables by type
Net finance receivables	3,970	3,754
Performing | SpringCastle Portfolio
Performing and nonperforming net finance receivables by type
Net finance receivables	1,631	1,928
Performing | Real estate loans
Performing and nonperforming net finance receivables by type
Net finance receivables	526	595
Performing | Retail Sales Finance
Performing and nonperforming net finance receivables by type
Net finance receivables	27	47
Nonperforming
Performing and nonperforming net finance receivables by type
Net finance receivables	148	159
Nonperforming | Personal loans
Performing and nonperforming net finance receivables by type
Net finance receivables	91	77
Nonperforming | SpringCastle Portfolio
Performing and nonperforming net finance receivables by type
Net finance receivables	36	51
Nonperforming | Real estate loans
Performing and nonperforming net finance receivables by type
Net finance receivables	21	30
Nonperforming | Retail Sales Finance
Performing and nonperforming net finance receivables by type
Net finance receivables	$ 0	$ 1

Finance Receivables (Details 6)

Finance Receivables (Details 6) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014	Apr. 01, 2013
Financing Receivable, Impaired [Line Items]
Equity method investment, ownership percentage		47.00%
Carrying amount, net of allowance		$ 337	$ 433
Outstanding balance		654	779
Allowance for purchased credit impaired finance receivable losses		5	5
SCP Loans
Financing Receivable, Impaired [Line Items]
Carrying amount, net of allowance		251	340
Outstanding balance		515	628
Allowance for purchased credit impaired finance receivable losses		0	0
FA Loans
Financing Receivable, Impaired [Line Items]
Carrying amount, net of allowance	[1]	86	93
Outstanding balance	[1]	139	151
Allowance for purchased credit impaired finance receivable losses	[1]	5	5
Purchased credit impaired finance receivables held for sale included in carrying amount		62	68
Purchased credit impaired finance receivables held for sale included in outstanding balance		$ 91	$ 99
Corporate Joint Venture [Member]
Financing Receivable, Impaired [Line Items]
Equity method investment, ownership percentage				47.00%
[1]	Purchased credit impaired FA Loans held for sale included in the table above were as follows:(dollars in millions) FA Loans September 30, 2015 Carrying amount, net of allowance $62Outstanding balance 91 December 31, 2014 Carrying amount, net of allowance $68Outstanding balance 99

Finance Receivables (Details 7)

Finance Receivables (Details 7) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period		$ 487	$ 894	$ 560	$ 1,097
Accretion	[1]	(23)	(36)	(74)	(129)
Reclassifications to nonaccretable difference	[2]				(1)
Transfers due to finance receivables sold			(564)		(642)
Disposals of finance receivables	[3]	(7)	(9)	(29)	(40)
Balance at end of period		457	285	457	285
SCP Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period		474	267	541	325
Accretion	[1]	(20)	(16)	(66)	(53)
Reclassifications to nonaccretable difference	[2]				(1)
Transfers due to finance receivables sold			0		0
Disposals of finance receivables	[3]	(7)	(5)	(28)	(25)
Balance at end of period		447	246	447	246
FA Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period		13	627	19	772
Accretion	[1]	(3)	(20)	(8)	(76)
Reclassifications to nonaccretable difference	[2]				0
Transfers due to finance receivables sold			(564)		(642)
Disposals of finance receivables	[3]	0	(4)	(1)	(15)
Balance at end of period		10	39	10	39
Accretion held for sale		$ 2	$ 11	$ 5	$ 11
[1]	Accretion on our purchased credit impaired FA Loans held for sale included in the table above were as follows:(dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Accretion $2 $11 $5 $11
[2]	Reclassification to nonaccretable difference represents the decreases in accretion resulting from lower estimated undiscounted cash flows.
[3]	Disposals of finance receivables represent finance charges forfeited due to purchased credit impaired finance receivables charged off during the period

Finance Receivables (Details 8)

Finance Receivables (Details 8) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	[1]	$ 243		$ 243		$ 229
TDR net finance receivables		241		241		228
Allowance for TDR finance receivable losses		41		41		36
TDR finance receivables held for sale		147		147		137
Personal Loans Held for sale
Financing Receivable, Modifications [Line Items]
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.				1
TDR gross finance receivables		2		2		0
TDR finance receivables held for sale		2		2		0
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables		92		92		91
TDR finance receivables held for sale		92		92		91
Total Finance Receivables Held for Sale
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables		94		94		91
TDR finance receivables held for sale		94		94		91
Personal loans
Financing Receivable, Modifications [Line Items]
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.					$ 1
TDR gross finance receivables	[1],[2]	30		30		22
TDR net finance receivables	[2]	29		29		22
Allowance for TDR finance receivable losses	[2]	7		7		1
TDR finance receivables held for sale		27		27		22
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.		1	$ 1		$ 1
TDR gross finance receivables	[1]	14		14		11
TDR net finance receivables		12		12		10
Allowance for TDR finance receivable losses		4		4		3
TDR finance receivables held for sale		12		12		10
Real estate loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	[1],[2]	199		199		196
TDR net finance receivables	[2]	200		200		196
Allowance for TDR finance receivable losses	[2]	$ 30		$ 30		$ 32
[1]	As defined earlier in this Note.
[2]	TDR finance receivables held for sale included in the table above were as follows:(dollars in millions) Personal Loans Real EstateLoans Total September 30, 2015 TDR gross finance receivables $2 $92 $94TDR net finance receivables 2 92 94 December 31, 2014 TDR gross finance receivables $— $91 $91TDR net finance receivables — 91 91

Finance Receivables (Details 9)

Finance Receivables (Details 9) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Financing Receivable, Modifications [Line Items]
TDR average net receivables		$ 241	$ 823	$ 237	$ 1,213
TDR finance charges recognized		3	10	11	46
Personal loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables		30	17	28	15
TDR finance charges recognized		0	0	2	1
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
TDR average net receivables		12	7	12	4
TDR finance charges recognized		1	0	1	0
Real estate loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables	[1]	199	799	197	1,194
TDR finance charges recognized	[1]	2	10	8	45
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR average net receivables		92	411	91	411
TDR finance charges recognized		$ 2	$ 3	$ 4	$ 3
[1]	TDR finance receivables held for sale included in the table above were as follows:(dollars in millions) Real EstateLoans Three Months Ended September 30, 2015 TDR average net receivables $92TDR finance charges recognized 2 Three Months Ended September 30, 2014 TDR average net receivables $411TDR finance charges recognized 3 Nine Months Ended September 30, 2015 TDR average net receivables $91TDR finance charges recognized 4 Nine Months Ended September 30, 2014 TDR average net receivables $411TDR finance charges recognized 3

Finance Receivables (Details 10

Finance Receivables (Details 10) $ in Millions		3 Months Ended			9 Months Ended
		Sep. 30, 2015USD ($)account		Sep. 30, 2014USD ($)account	Sep. 30, 2015USD ($)account		Sep. 30, 2014USD ($)account
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 15		$ 37	$ 45		$ 230
Rate reduction		7		31	28		170
Other	[1]	5		6	13		49
Post-modification TDR net finance receivables		$ 12		$ 37	$ 41		$ 219
Number of TDR accounts | account		1,794		1,899	5,722		5,914
Personal Loans Held for sale
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 0	[2]	$ 0	$ 0	[2]	$ 0
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.					1
Post-modification TDR net finance receivables		$ 0	[2]	$ 0	$ 0	[2]	$ 0
Number of TDR accounts | account		50		0	50		0
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 1	[2]	$ 6	$ 4	[2]	$ 6
Post-modification TDR net finance receivables		$ 2	[2]	$ 7	$ 5	[2]	$ 7
Number of TDR accounts | account		33		89	77		89
Personal loans
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Pre-Modification Recorded Investment	[3]	$ 8		$ 5	$ 24		$ 11
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.							1
Rate reduction	[3]	3		3	11		7
Other	[1],[3]	3		2	9		4
Post-modification TDR net finance receivables	[3]	$ 6		$ 5	$ 20		$ 11
Number of TDR accounts | account	[3]	1,557		1,127	4,900		2,680
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 1		$ 3	$ 5		$ 8
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.		1		1			1
Rate reduction		1		3	5		8
Other	[1]	0		0	0		0
Post-modification TDR net finance receivables		$ 1		$ 3	$ 5		$ 8
Number of TDR accounts | account		142		367	550		933
Real estate loans
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Pre-Modification Recorded Investment	[3]	$ 6		$ 29	$ 16		$ 211
Rate reduction	[3]	3		25	12		155
Other	[1],[3]	2		4	4		45
Post-modification TDR net finance receivables	[3]	$ 5		$ 29	$ 16		$ 200
Number of TDR accounts | account	[3]	95		405	272		2,301
Total Finance Receivable Held for Sale
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 1	[2]	$ 6	$ 4	[2]	$ 6
Post-modification TDR net finance receivables		$ 2	[2]	$ 7	$ 5	[2]	$ 7
Number of TDR accounts | account		83		89	127		89
[1]	“Other” modifications include extension of term and forgiveness of principal or interest.
[2]	Pre-modification and post-modification TDR personal loans held for sale for the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above.
[3]	TDR finance receivables held for sale included in the table above were as follows:(dollars in millions) Personal Loans Real EstateLoans Total Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $— $1 $1Post-modification TDR net finance receivables * $— $2 $2Number of TDR accounts 50 33 83 Three Months Ended September 30, 2014 Pre-modification TDR net finance receivables $— $6 $6Post-modification TDR net finance receivables $— $7 $7Number of TDR accounts — 89 89 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $— $4 $4Post-modification TDR net finance receivables * $— $5 $5Number of TDR accounts 50 77 127 Nine Months Ended September 30, 2014 Pre-modification TDR net finance receivables $— $6 $6Post-modification TDR net finance receivables $— $7 $7Number of TDR accounts — 89 89 *Pre-modification and post-modification TDR personal loans held for sale for the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above.

Finance Receivables (Details 11

Finance Receivables (Details 11) $ in Millions		3 Months Ended				9 Months Ended
		Sep. 30, 2015USD ($)account		Sep. 30, 2014USD ($)account		Sep. 30, 2015USD ($)account		Sep. 30, 2014USD ($)account
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	[1]	$ 2	[2]	$ 2	[2]	$ 6		$ 31	[2]
Number of TDR accounts | account		378		108		1,014		574
Personal loans
Financing Receivable, Modifications [Line Items]
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.								$ 1
Real Estate Loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	[1],[3]	$ 1	[2]	$ 2	[2]	$ 2		$ 31	[2]
Number of TDR accounts | account	[3]	9		54		35		488
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR net finance receivables		$ 0	[4]	$ 2		$ 1		$ 2
Number of TDR accounts | account		1		30		14		30
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.		$ 1
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
Minimum balance to be TDRs, that subsequently defaulted to be disclosed.		1		$ 1				$ 1
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	[1],[3]	$ 1	[2]	$ 0	[2]	$ 3		$ 0	[2]
Number of TDR accounts | account		343	[4]	42	[3]	857	[3]	74	[3]
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	[1]	$ 0	[2]	$ 0	[2]	$ 1		$ 0	[2]
Number of TDR accounts | account		26		12		122		12
[1]	Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted.
[2]	TDR personal loans and SpringCastle Portfolio loans for the three and nine months ended September 30, 2014 and TDR SpringCastle Portfolio loans for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above.
[3]	TDR finance receivables held for sale included in the table above were as follows:(dollars in millions) Real EstateLoans Three Months Ended September 30, 2015 TDR net finance receivables * $—Number of TDR accounts 1 Three Months Ended September 30, 2014 TDR net finance receivables $2Number of TDR accounts 30 Nine Months Ended September 30, 2015 TDR net finance receivables $1Number of TDR accounts 14 Nine Months Ended September 30, 2014 TDR net finance receivables $2Number of TDR accounts 30 *TDR real estate loans held for sale for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above.
[4]	TDR real estate loans held for sale for the three months ended September 30, 2015 that defaulted during the previous 12 month period were less than $1 million and, therefore, are not quantified in the combined table above.

Allowance for Finance Receiva55

Allowance for Finance Receivable Losses (Details) - USD ($) $ in Millions	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Allowance for finance receivable losses
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)	$ 193	$ 180	$ 176	$ 164	$ 368	$ 333
Consolidated VIEs
Allowance for finance receivable losses
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)	$ 131		$ 72

Allowance for Finance Receiva56

Allowance for Finance Receivable Losses (Details 1) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Financing Receivable Allowance For Credit Losses Roll Forward
Balance at beginning of period		$ 180	$ 368	$ 176	$ 333
Provision for finance receivable losses		82	103	249	379
Charge-offs		(83)	(93)	(273)	(343)
Recoveries		15	11	42	35	[1]
Reduction in the carrying value of real estate loans transferred to finance receivables held for sale	[2]	(1)	(225)	(1)	(240)
Balance at end of period		193	164	193	164
Carrying value of finance receivables transferred from held for investment to held for sale			5,400		6,700
Personal loans
Financing Receivable Allowance For Credit Losses Roll Forward
Balance at beginning of period		141	107	132	95
Provision for finance receivable losses		60	58	172	151
Charge-offs		(57)	(47)	(178)	(139)
Recoveries		10	7	28	18	[1]
Reduction in the carrying value of real estate loans transferred to finance receivables held for sale	[2]	(1)	0	(1)	0
Balance at end of period		153	125	153	125
Carrying value of finance receivables transferred from held for investment to held for sale		608		608
SpringCastle Portfolio
Financing Receivable Allowance For Credit Losses Roll Forward
Balance at beginning of period		3	1	3	1
Provision for finance receivable losses		20	29	70	122
Charge-offs		(22)	(32)	(78)	(133)
Recoveries		3	3	9	11	[1]
Reduction in the carrying value of real estate loans transferred to finance receivables held for sale	[2]	0	0	0	0
Balance at end of period		4	1	4	1
Real Estate
Financing Receivable Allowance For Credit Losses Roll Forward
Balance at beginning of period		35	259	40	235
Provision for finance receivable losses		2	15	6	103
Charge-offs		(4)	(13)	(15)	(67)
Recoveries		2	1	4	6	[1]
Reduction in the carrying value of real estate loans transferred to finance receivables held for sale	[2]	0	(225)	0	(240)
Balance at end of period		35	37	35	37
Retail Sales Finance
Financing Receivable Allowance For Credit Losses Roll Forward
Balance at beginning of period		1	1	1	2
Provision for finance receivable losses		0	1	1	3
Charge-offs		0	(1)	(2)	(4)
Recoveries		0	0	1	0	[1]
Reduction in the carrying value of real estate loans transferred to finance receivables held for sale	[2]	0	0	0	0
Balance at end of period		$ 1	1	$ 1	1
Real estate loans
Financing Receivable Allowance For Credit Losses Roll Forward
Carrying value of finance receivables transferred from held for investment to held for sale			$ 5,400		6,700
Real estate loan recoveries					$ 2
[1]	Recoveries during the nine months ended September 30, 2014 included $2 million of real estate loan recoveries resulting from a sale of previously charged-off real estate loans in March of 2014.
[2]	During the three and nine months ended September 30, 2014, we reduced the carrying value of certain real estate loans to $5.4 billion and $6.7 billion, respectively, as a result of the transfer of these loans from finance receivables held for investment to finance receivables held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future.

Allowance for Finance Receiva57

Allowance for Finance Receivable Losses (Details 2) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Allowance for finance receivable losses
Net charge-offs on finance receivables held for sale				$ 0	$ 11
SpringCastle Portfolio
Allowance for finance receivable losses
Net charge-offs on finance receivables held for sale		$ 4	$ 7	17	39
FA Loans
Allowance for finance receivable losses
Net charge-offs on finance receivables held for sale	[1]	$ 0	$ 2	$ 1	$ 15
[1]	Represents additional impairment recognized, subsequent to the establishment of the pools of purchased credit impaired loans, related to loans that have been foreclosed and transferred to real estate owned status.

Allowance for Finance Receiva58

Allowance for Finance Receivable Losses (Details 3) - USD ($) $ in Millions		Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Allowance for finance receivable losses
Collectively evaluated for impairment		$ 147		$ 135
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		193	$ 180	176	$ 164	$ 368	$ 333
Individually evaluated for impairment (TDR finance receivables)		41		36
Allowance for finance receivable losses		193	180	176	164	368	333
Finance receivables:
Collectively evaluated for impairment		5,875		5,976
Purchased credit impaired finance receivables		6,302		6,483
TDR finance receivables		147		137
Net finance receivables		6,302		6,483
Receivables Acquired with Deteriorated Credit Quality
Allowance for finance receivable losses
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		5		5
Allowance for finance receivable losses		5		5
Finance receivables:
Purchased credit impaired finance receivables		280		370
Net finance receivables		280		370
Personal loans
Allowance for finance receivable losses
Collectively evaluated for impairment		146		131
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		153	141	132	125	107	95
Individually evaluated for impairment (TDR finance receivables)	[1]	7		1
Allowance for finance receivable losses		153	141	132	125	107	95
Finance receivables:
Collectively evaluated for impairment		4,034		3,809
Purchased credit impaired finance receivables		4,061		3,831
TDR finance receivables		27		22
Net finance receivables		4,061		3,831
Personal loans | Receivables Acquired with Deteriorated Credit Quality
Allowance for finance receivable losses
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		0		0
Allowance for finance receivable losses		0		0
Finance receivables:
Purchased credit impaired finance receivables		0		0
Net finance receivables		0		0
SpringCastle Portfolio
Allowance for finance receivable losses
Collectively evaluated for impairment		0		0
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		4	3	3	1	1	1
Individually evaluated for impairment (TDR finance receivables)		4		3
Allowance for finance receivable losses		4	3	3	1	1	1
Finance receivables:
Collectively evaluated for impairment		1,404		1,629
Purchased credit impaired finance receivables		1,667		1,979
TDR finance receivables		12		10
Net finance receivables		1,667		1,979
SpringCastle Portfolio | Receivables Acquired with Deteriorated Credit Quality
Allowance for finance receivable losses
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		0		0
Allowance for finance receivable losses		0		0
Finance receivables:
Purchased credit impaired finance receivables		251		340
Net finance receivables		251		340
Real Estate
Allowance for finance receivable losses
Collectively evaluated for impairment		0		3
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		35	35	40	37	259	235
Individually evaluated for impairment (TDR finance receivables)		30		32
Allowance for finance receivable losses		35	35	40	37	259	235
Finance receivables:
Collectively evaluated for impairment		410		490
Purchased credit impaired finance receivables		547		625
TDR finance receivables		108		105
Net finance receivables		547		625
Real Estate | Receivables Acquired with Deteriorated Credit Quality
Allowance for finance receivable losses
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		5		5
Allowance for finance receivable losses		5		5
Finance receivables:
Purchased credit impaired finance receivables		29		30
Net finance receivables		29		30
Retail Sales Finance
Allowance for finance receivable losses
Collectively evaluated for impairment		1		1
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		1	1	1	1	1	2
Individually evaluated for impairment (TDR finance receivables)		0		0
Allowance for finance receivable losses		1	$ 1	1	$ 1	$ 1	$ 2
Finance receivables:
Collectively evaluated for impairment		27		48
Purchased credit impaired finance receivables		27		48
TDR finance receivables		0		0
Net finance receivables		27		48
Retail Sales Finance | Receivables Acquired with Deteriorated Credit Quality
Allowance for finance receivable losses
Acquired with deteriorated credit quality (purchased credit impaired finance receivables)		0		0
Allowance for finance receivable losses		0		0
Finance receivables:
Purchased credit impaired finance receivables		0		0
Net finance receivables		$ 0		$ 0
[1]	TDR finance receivables held for sale included in the table above were as follows:(dollars in millions) Personal Loans Real EstateLoans Total September 30, 2015 TDR gross finance receivables $2 $92 $94TDR net finance receivables 2 92 94 December 31, 2014 TDR gross finance receivables $— $91 $91TDR net finance receivables — 91 91

Finance Receivables Held for 59

Finance Receivables Held for Sale (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale	$ 797		$ 797		$ 205
Finance receivables held for sale originated as held for investment	4	$ 48	13	$ 55
Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)			608	6,902
Carrying value of finance receivables transferred from held for investment to held for sale		5,400		6,700
Financing Receivable Held-for-sale, Carrying Value of Loans Sold		4,800		6,100
Net gain on sales of real estate loans and related trust assets	0	641	0	731
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value of finance receivables transferred from held for investment to held for sale	608		608
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale	189		$ 189
Carrying value of finance receivables transferred from held for investment to held for sale		$ 5,400		$ 6,700
OneMain Financial Holdings, Inc. | Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)	$ 608

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	[1]	$ 567	$ 586
Unrealized Gains	[1]	4	20
Unrealized Losses	[1]	(7)	(2)
Fair Value	[1]	564	604
Interest in a limited partnership		1	1
Available-for-sale Securities Pledged as Collateral			2
Bonds:
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		550	578
Unrealized Gains		4	20
Unrealized Losses		(7)	(2)
Fair Value		547	596
U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		69	61
Unrealized Gains		0	3
Unrealized Losses		(1)	0
Fair Value		68	64
Obligations of states, municipalities, and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		83	99
Unrealized Gains		1	3
Unrealized Losses		0	0
Fair Value		84	102
Certificates of deposit and commercial paper
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	[2]		3
Unrealized Gains	[2]		0
Unrealized Losses	[2]		0
Fair Value	[2]		3
Corporate debt
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		248	256
Unrealized Gains		3	12
Unrealized Losses		(6)	(1)
Fair Value		245	267
Residential mortgage-backed securities (“RMBS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		79	71
Unrealized Gains		0	2
Unrealized Losses		0	0
Fair Value		79	73
Commercial mortgage-backed securities (“CMBS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		39	25
Unrealized Gains		0	0
Unrealized Losses		0	(1)
Fair Value		39	24
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		32	63
Unrealized Gains		0	0
Unrealized Losses		0	0
Fair Value		32	63
Preferred stock
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		16	7
Unrealized Gains		0	0
Unrealized Losses		0	0
Fair Value		16	7
Other long-term investments
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost		1	1
Unrealized Gains		0	0
Unrealized Losses		0	0
Fair Value		$ 1	$ 1
[1]	Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 2015 and December 31, 2014, which is classified as a restricted investment and carried at cost.
[2]	(b)Includes certificates of deposit pledged as collateral, totaling $2 million at December 31, 2014, primarily to support bank lines of credit.

Investment Securities (Details

Investment Securities (Details 2) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Other than Temporary Impairment Losses, Investments		$ 0	$ 0	$ 0	$ 0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, No Previous Impairment		0	0	0	0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Reductions, Securities Sold		0	$ 0	0	$ 0
minimum disclosure of Unrealized losses on certain available-for-sale securities				1
Fair Value
Less Than 12 Months		223		223		$ 140
12 Months or Longer		32		32		10
Total		255		255		150
Unrealized Losses
Less Than 12 Months	[1]	(7)		(7)		(2)
12 Months or Longer	[1]	0		0		0
Total		(7)		(7)		(2)
Bonds:
Fair Value
Less Than 12 Months		216		216		134
12 Months or Longer		32		32		10
Total		248		248		144
Unrealized Losses
Less Than 12 Months	[1]	(7)		(7)		(2)
12 Months or Longer	[1]	0		0		0
Total		(7)		(7)		(2)
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months		51		51		0
12 Months or Longer		0		0		1
Total		51		51		1
Unrealized Losses
Less Than 12 Months	[1]	(1)		(1)		0
12 Months or Longer	[1]	0		0		0
Total		(1)		(1)		0
Obligations of states, municipalities, and political subdivisions
Fair Value
Less Than 12 Months		15		15		27
12 Months or Longer		11		11		1
Total		26		26		28
Unrealized Losses
Less Than 12 Months	[1]	0		0		0
12 Months or Longer	[1]	0		0		0
Total		0		0		0
Corporate debt
Fair Value
Less Than 12 Months		107		107		36
12 Months or Longer		14		14		6
Total		121		121		42
Unrealized Losses
Less Than 12 Months	[1]	(6)		(6)		(1)
12 Months or Longer	[1]	0		0		0
Total		(6)		(6)		(1)
Residential mortgage-backed securities (“RMBS”)
Fair Value
Less Than 12 Months		8		8		9
12 Months or Longer		0		0		0
Total		8		8		9
Unrealized Losses
Less Than 12 Months	[1]	0		0		0
12 Months or Longer	[1]	0		0		0
Total		0		0		0
Commercial mortgage-backed securities (“CMBS”)
Fair Value
Less Than 12 Months		19		19		16
12 Months or Longer		7		7		2
Total		26		26		18
Unrealized Losses
Less Than 12 Months	[1]	0		0		(1)
12 Months or Longer	[1]	0		0		0
Total		0		0		(1)
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Fair Value
Less Than 12 Months		16		16		46
12 Months or Longer		0		0		0
Total		16		16		46
Unrealized Losses
Less Than 12 Months	[1]	0		0		0
12 Months or Longer	[1]	0		0		0
Total		0		0		0
Preferred stock
Fair Value
Less Than 12 Months		6		6		6
12 Months or Longer		0		0		0
Total		6		6		6
Unrealized Losses
Less Than 12 Months	[1]	0		0		0
12 Months or Longer	[1]	0		0		0
Total		0		0		$ 0
Other long-term investments
Fair Value
Less Than 12 Months		1		1
12 Months or Longer		0		0
Total		1		1
Unrealized Losses
Less Than 12 Months	[1]	0		0
12 Months or Longer	[1]	0		0
Total		$ 0		$ 0
[1]	*Unrealized losses on certain available-for-sale securities were less than $1 million and, therefore, are not quantified in the table above.

Investment Securities (Detail62

Investment Securities (Details 3) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Available-for-sale securities sold or redeemed
Fair value	$ 168	$ 108	$ 374	$ 215
Realized gains	4	5	15	7
Realized losses	0	0	(1)	0
Net realized gains	$ 4	$ 5	$ 14	$ 7

Investment Securities (Detail63

Investment Securities (Details 4) $ in Millions	Sep. 30, 2015USD ($)
Fair Value
Due in 1 year or less	$ 72
Due after 1 year through 5 years	150
Due after 5 years through 10 years	57
Due after 10 years	118
Mortgage-backed, asset-backed, and collateralized securities	150
Fair Value	547
Amortized Cost
Due in 1 year or less	72
Due after 1 year through 5 years	150
Due after 5 years through 10 years	57
Due after 10 years	121
Mortgage-backed, asset-backed, and collateralized securities	150
Total	$ 550

Investment Securities (Detail64

Investment Securities (Details 5) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Trading securities
Trading securities	$ 1,177		$ 1,177		$ 2,330
Net unrealized and realized gains (losses) on trading securities
Net unrealized gains (losses) on trading securities held at period end	(1)	$ (2)	3	$ (1)
Net realized losses on trading securities sold or redeemed	(1)	0	(2)	0
Total	(2)	$ (2)	1	$ (1)
U.S. government and government sponsored entities
Trading securities
Trading securities	783		783		303
Obligations of states, municipalities, and political subdivisions
Trading securities
Trading securities	0		0		14
Certificates of deposit and commercial paper
Trading securities
Trading securities	0		0		238
Non-U.S. government and government sponsored entities
Trading securities
Trading securities	0		0		20
Corporate debt
Trading securities
Trading securities	196		196		1,056
Residential mortgage-backed securities (“RMBS”)
Trading securities
Trading securities	2		2		36
Commercial mortgage-backed securities (“CMBS”)
Trading securities
Trading securities	45		45		151
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Trading securities
Trading securities	$ 151		$ 151		$ 512

Investment Securities Narrative

Investment Securities Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Available-for-sale securities with other-than-temporary impairments	$ 0
Fair value of bonds on deposit	$ 11	$ 12

Transactions with Affiliates 66

Transactions with Affiliates of Fortress or AIG (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	May. 31, 2015	Dec. 31, 2014	Aug. 01, 2014	Mar. 06, 2014
Transactions with Affiliates of Fortress or AIG
Premium expense	$ 1	$ 1	$ 1	$ 1
Equity method investment, ownership percentage	47.00%		47.00%
Price agreed on for sale of interest in retained certificates							$ 39
NRZ | SCA
Transactions with Affiliates of Fortress or AIG
Ownership percentage	30.00%		30.00%
Nationstar Mortgage LLC | Owners
Transactions with Affiliates of Fortress or AIG
Subservicing fees	$ 1	1	$ 1	5
Affiliated Entity | Nationstar Mortgage LLC | Servicing Agreement
Transactions with Affiliates of Fortress or AIG
Receivable from Nationstar						$ 1
Nationstar accounts receivable balance					$ 1
Affiliated Entity | Logan Circle Partners L P
Transactions with Affiliates of Fortress or AIG
Related Party Transaction, Expenses from Transactions with Related Party	1	$ 1	1	$ 1
Affiliated Entity | Merit | Subsidiaries of American International Group Inc
Transactions with Affiliates of Fortress or AIG
Reserves for reinsurance agreements	$ 43		$ 43			$ 44
Affiliated Entity | 2009-1 Trust | MLPFS
Transactions with Affiliates of Fortress or AIG
Percentage of interest concurrently agreed to be sold by counterparty to related party								75.00%

Long-term Debt (Details)

Long-term Debt (Details) - USD ($) $ in Millions		Dec. 30, 2013	Sep. 30, 2015		Jun. 30, 2015	Dec. 31, 2014	Dec. 03, 2014
Principal maturities of long-term debt by type of debt
Fourth quarter 2015			$ 750
First quarter 2016			0
Second quarter 2016			0
Third quarter 2016			375
Remainder of 2016			0
2,017			1,902
2,018			0
2,019			700
2020-2067			1,600
Securitizations	[1]		4,784
Total principal maturities			10,111
Long-term debt			9,555	[2]		$ 8,356
New Accounting Pronouncement, Early Adoption, Effect
Principal maturities of long-term debt by type of debt
Long-term debt					$ 32	$ 29
Debt Issuance Cost	[3]		$ (30)
Medium Term Notes
Principal maturities of long-term debt by type of debt
Contractual interest rate, minimum (as a percent)	[4]		5.25%
Contractual interest rate, maximum (as a percent)	[4]		8.25%
Fourth quarter 2015			$ 750
First quarter 2016			0
Second quarter 2016			0
Third quarter 2016			375
Remainder of 2016			0
2,017			1,902
2,018			0
2,019			700
2020-2067			1,250
Securitizations	[1]		0
Total principal maturities			4,977
Long-term debt	[2]		4,613
Medium Term Notes | New Accounting Pronouncement, Early Adoption, Effect
Principal maturities of long-term debt by type of debt
Debt Issuance Cost	[3]		$ (13)
Securitizations
Principal maturities of long-term debt by type of debt
Contractual interest rate, minimum (as a percent)	[4]		1.87%
Contractual interest rate, maximum (as a percent)	[4]		6.82%
Fourth quarter 2015			$ 0
First quarter 2016			0
Second quarter 2016			0
Third quarter 2016			0
Remainder of 2016			0
2,017			0
2,018			0
2,019			0
2020-2067			0
Securitizations	[1]		4,784
Total principal maturities			4,784
Long-term debt	[2]		4,771
Securitizations | New Accounting Pronouncement, Early Adoption, Effect
Principal maturities of long-term debt by type of debt
Debt Issuance Cost	[3]		$ (17)
Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)	[4]		6.00%
Fourth quarter 2015			$ 0
First quarter 2016			0
Second quarter 2016			0
Third quarter 2016			0
Remainder of 2016			0
2,017			0
2,018			0
2,019			0
2020-2067			350
Securitizations	[1]		0
Total principal maturities			350
Long-term debt	[2]		171
Junior Subordinated Debt | SPRINGLEAF HOLDINGS, INC. | Guaranty Agreements
Principal maturities of long-term debt by type of debt
Face amount of each issuance of debt		$ 350	350
Term of debt (years)		60 years
Junior Subordinated Debt | New Accounting Pronouncement, Early Adoption, Effect
Principal maturities of long-term debt by type of debt
Debt Issuance Cost	[3]		0
Senior debt
Principal maturities of long-term debt by type of debt
Total principal maturities			5,000
Senior debt | SPRINGLEAF HOLDINGS, INC. | Guaranty Agreements
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)							5.25%
Face amount of each issuance of debt		$ 5,200	700				$ 700
8.250% Senior Notes due 2023 | SPRINGLEAF HOLDINGS, INC. | Guaranty Agreements
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)		8.25%
7.750% Senior Notes due 2021 | SPRINGLEAF HOLDINGS, INC. | Guaranty Agreements
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)		7.75%
6.00% Senior Notes due 2020 | SPRINGLEAF HOLDINGS, INC. | Guaranty Agreements
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)		6.00%
Senior Notes 1999 Indenture
Principal maturities of long-term debt by type of debt
Total principal maturities			$ 3,000
[1]	Securitizations are not included in above maturities by period due to their variable monthly repayments. See Note 10 for further information on our long-term debt associated with securitizations.
[2]	The net carrying amount of our long-term debt associated with certain securitizations that were either (1) issued at a premium or discount or (2) revalued at a premium or discount based on its fair value at the time of the Fortress Acquisition or (3) recorded at fair value on a recurring basis in circumstances when the embedded derivative within the securitization structure cannot be separately accounted for at fair value.
[3]	As a result of our early adoption of ASU 2015-03 in June of 2015, we report debt issuance costs as a direct deduction from long-term debt.
[4]	The interest rates shown are the range of contractual rates in effect at September 30, 2015.

Variable Interest Entities (Det

Variable Interest Entities (Details) $ in Millions		Sep. 30, 2015USD ($)		Jun. 03, 2015USD ($)	May. 27, 2015USD ($)	May. 20, 2015USD ($)	May. 19, 2015	Apr. 07, 2015USD ($)	Feb. 26, 2015USD ($)	Jan. 16, 2015USD ($)	Jan. 15, 2015	Sep. 30, 2015USD ($)		Sep. 30, 2014USD ($)loan	Sep. 30, 2015USD ($)		Sep. 30, 2014USD ($)loan	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 10, 2015USD ($)	Mar. 25, 2015USD ($)	Mar. 24, 2015USD ($)	Mar. 09, 2015USD ($)	Jun. 30, 2014USD ($)	Mar. 24, 2014USD ($)	Dec. 31, 2013USD ($)
Assets
Finance receivables		$ 6,302										$ 6,302			$ 6,302			$ 6,483
Allowance for finance receivable losses		193										193		$ 164	193		$ 164	176	$ 180					$ 368		$ 333
Finance receivables held for sale		797										797			797			205
Restricted cash and cash equivalents		270										270			270			218
Liabilities
Long-term debt		9,555	[1]									9,555	[1]		9,555	[1]		8,356
Variable Interest Entities, other information
Principal amounts of debt		10,111										10,111			10,111
Interest expense												171		$ 180	500		$ 577
Reserve for sales recourse obligations related to real estate loan sales																		23
Financing Receivable Loans Reaching Defined Delinquency Limits Repurchased under Loan Sale Agreement Number | loan														4			9
SpringCastle 2014-A Notes, Class C | Springleaf Acquisition Corporation
Variable Interest Entities, other information
Principal amounts of debt																							$ 232
SpringCastle 2014-A Notes, Class D | Springleaf Acquisition Corporation
Variable Interest Entities, other information
Principal amounts of debt																							$ 131
New Accounting Pronouncement, Early Adoption, Effect
Liabilities
Long-term debt																		29	32
Personal loans
Assets
Finance receivables		4,061										4,061			4,061			3,831
Allowance for finance receivable losses		153										153		$ 125	153		$ 125	132	141					107		95
SpringCastle Portfolio
Assets
Finance receivables		1,667										1,667			1,667			1,979
Allowance for finance receivable losses		4										4		1	4		1	3	3					1		1
Real Estate
Assets
Finance receivables		547										547			547			625
Allowance for finance receivable losses		35										35		37	$ 35		37	40	$ 35					$ 259		$ 235
Real Estate | Mortgage Loan Securitizations
Variable Interest Entities, other information
Reserve for sales recourse obligations related to real estate loan sales		7															7
Financing Receivable Loans Reaching Defined Delinquency Limits Repurchased under Loan Sale Agreement Number															0
Consolidated VIEs
Assets
Allowance for finance receivable losses		131										131			$ 131			72
Finance receivables held for sale		484										484			484			0
Restricted cash and cash equivalents		256										256			256			210
Liabilities
Long-term debt	[2]	4,771										4,771			4,771			3,630
Variable Interest Entities, other information
Interest expense												49		$ 51	136		$ 180
Consolidated VIEs | New Accounting Pronouncement, Early Adoption, Effect
Liabilities
Long-term debt																		14
Consolidated VIEs | Consumer Loan Securitizations | Sumner Brook Funding Trust 2013 VFN1
Variable Interest Entities, other information
Funding period (years)										3 years	2 years
Maximum principal balance										$ 350
Amount Outstanding under Securitization Transaction		0										0			0
Consolidated VIEs | Consumer Loan Securitizations | Springleaf Funding Trust 2013 BAC
Variable Interest Entities, other information
Funding period (years)						2 years	2 years
Maximum principal balance						$ 350
Amount Funded at Closing of Securitization Transaction															0
Amount Outstanding under Securitization Transaction		0										0			0
Consolidated VIEs | Consumer Loan Securitizations | Mill River 2015 VFN1
Variable Interest Entities, other information
Funding period (years)					3 years
Maximum principal balance					$ 400
Amount Funded at Closing of Securitization Transaction															0
Amount Outstanding under Securitization Transaction		0										0			0
Consolidated VIEs | Consumer Loan Securitizations | Second Avenue Funding LLC Securitization
Variable Interest Entities, other information
Funding period (years)				3 years
Maximum principal balance				$ 250
Amount Funded at Closing of Securitization Transaction															0
Amount Outstanding under Securitization Transaction		0										0			0
Consolidated VIEs | Consumer Loan Securitizations | First Avenue Funding LLC 2015
Variable Interest Entities, other information
Funding period (years)											2 years
Maximum principal balance																				$ 250
Amount Funded at Closing of Securitization Transaction															0
Amount Outstanding under Securitization Transaction		0										0			0
Consolidated VIEs | Personal loans | Consumer Loan Securitizations
Assets
Finance receivables		2,096										2,096			2,096			1,853
Consolidated VIEs | Personal loans | Consumer Loan Securitizations | Springleaf Funding Trust 2015-A
Variable Interest Entities, other information
Amount of notes sold under securitization									$ 1,200
Weighted average yield (as a percent)									3.58%
Proceeds from accounts receivable securitization									$ 1,200
Interest reserve requirement									$ 12
Consolidated VIEs | Personal loans | Consumer Loan Securitizations | Whitford Brook Funding Trust2014 VFN1
Variable Interest Entities, other information
Maximum principal balance				$ 250																		$ 300
Amount Outstanding under Securitization Transaction		100										100			100
Securitization required minimum balance																									$ 100
Amount paid under securitization																					$ 100
Consolidated VIEs | Personal loans | Consumer Loan Securitizations | Springleaf Funding Trust 2015 B
Variable Interest Entities, other information
Amount of notes sold under securitization								$ 314
Weighted average yield (as a percent)								3.84%
Proceeds from accounts receivable securitization								$ 314
Interest reserve requirement								$ 3
Consolidated VIEs | SpringCastle Portfolio
Assets
Finance receivables																		2,000
Consolidated VIEs | SpringCastle Portfolio | Mortgage Loan Securitizations
Assets
Finance receivables		$ 1,667										$ 1,667			1,667			$ 1,979
Consolidated VIEs | Real Estate | Mortgage Loan Securitizations
Variable Interest Entities, other information
Purchase price															$ 5,200
[1]	The net carrying amount of our long-term debt associated with certain securitizations that were either (1) issued at a premium or discount or (2) revalued at a premium or discount based on its fair value at the time of the Fortress Acquisition or (3) recorded at fair value on a recurring basis in circumstances when the embedded derivative within the securitization structure cannot be separately accounted for at fair value.
[2]	As a result of our early adoption of ASU 2015-03 in June of 2015, we reclassified $14 million of debt issuance costs related to our long-term debt associated with our securitizations as of December 31, 2014, from other assets to long-term debt.

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Numerator (basic and diluted):
Net income (loss) attributable to Springleaf Holdings, Inc.		$ (11)	$ 427	$ (23)	$ 551
Denominator:
Weighted average number of shares outstanding (basic)		134,452,763	114,788,439	125,701,635	114,788,439
Effect of dilutive securities (in shares)	[1]	0	527,875	0	423,959
Weighted average number of shares outstanding (diluted)		134,452,763	115,316,314	125,701,635	115,212,398
Earnings (loss) per share:
Basic (in dollars per share)		$ (0.08)	$ 3.72	$ (0.18)	$ 4.80
Diluted (in dollars per share)		$ (0.08)	$ 3.70	$ (0.18)	$ 4.79
Performance Shares
Earnings (loss) per share:
Antidilutive securities excluded from EPS calculation		593,331		593,068
Restricted Stock Units (RSUs)
Earnings (loss) per share:
Antidilutive securities excluded from EPS calculation		521,127		472,259
[1]	We have excluded the following shares in the diluted loss per share calculation for the three and nine months ended September 30, 2015 because these shares would be anti-dilutive, which could impact the earnings per share calculation in the future:•593,331 performance shares and 521,127 service shares for the three months ended September 30, 2015; and•593,068 performance shares and 472,259 service shares for the nine months ended September 30, 2015.

Accumulated Other Comprehensi70

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ (7)	$ 38	$ 3	$ 28
Other comprehensive loss before reclassifications	(2)	(2)	(5)	10
Reclassification adjustments from accumulated other comprehensive income (loss)	(2)	(2)	(9)	(4)
Balance at end of period	(11)	34	(11)	34
Unrealized Gains Investment Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	2	14	12	4
Other comprehensive loss before reclassifications	(2)	(2)	(5)	10
Reclassification adjustments from accumulated other comprehensive income (loss)	(2)	(2)	(9)	(4)
Balance at end of period	(2)	10	(2)	10
Retirement Plan Liabilities Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(13)	20	(13)	20
Balance at end of period	(13)	20	(13)	20
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	4	4	4	4
Other comprehensive loss before reclassifications	0	0	0	0
Balance at end of period	$ 4	$ 4	$ 4	$ 4

Accumulated Other Comprehensi71

Accumulated Other Comprehensive Income (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income to investment revenues, before taxes	$ 11	$ 12	$ 44	$ 32
Income tax effect	(2)	(235)	(1)	(310)
Net income	20	462	70	633
Unrealized gains on investment securities | Reclassification adjustments
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income to investment revenues, before taxes	4	3	14	6
Income tax effect	2	1	5	2
Net income	$ 2	$ 2	$ 9	$ 4

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Net deferred tax liabilities	$ 131		$ 148
Effective Income Tax Rate Reconciliation, Percent	1.20%	32.80%

Contingencies Contingencies- Na

Contingencies Contingencies- Narrative (Details) $ in Millions	Mar. 02, 2015USD ($)	Sep. 30, 2015USD ($)requestloan	Sep. 30, 2014USD ($)loan	Sep. 30, 2015USD ($)requestloan	Sep. 30, 2014USD ($)loan	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2013USD ($)
Loss Contingencies [Line Items]
Reserve for sales recourse obligations related to real estate loan sales						$ 23
Reserve for sales recourse obligations		$ 18	$ 13	$ 18	$ 13	24	$ 18	$ 5	$ 5
Financing Receivable Loans Reaching Defined Delinquency Limits Repurchased under Loan Sale Agreement Number | loan			4		9
Repurchased real estate loans | loan		0
Repurchased loans			$ 1		$ 2
Number of unresolved recourse requests | request		0		0
Estimated PPI claims reserve		$ 8		$ 8		$ 14
OneMain Financial Holdings, Inc.
Loss Contingencies [Line Items]
Aggregate Purchase Price	$ 4,250
Seller termination fee	$ 213
Real estate loans
Loss Contingencies [Line Items]
Reserve for sales recourse obligations		$ 18		$ 18
Financing Receivable Loans Reaching Defined Delinquency Limits Repurchased under Loan Sale Agreement Number | loan			0	13	0
Repurchased loans				$ 1

Contingencies Contingencies- Sa

Contingencies Contingencies- Sales Recourse Obligation Activity (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Finance Receivables Reserve for Sales Recourse Obligations [Roll Forward]
Reserve for sales recourse obligations, beginning balance		$ 18	$ 5	$ 24	$ 5
Recourse losses		0	0	(5)	0
Provision for recourse obligations, net of recoveries	[1]	0	8	(1)	8
Reserve for sales recourse obligations, ending balance		$ 18	$ 13	$ 18	$ 13
[1]	Reflects the elimination of the reserve associated with other prior sales of finance receivables.

Contingencies Contingencies- St

Contingencies Contingencies- Stock Purchase Agreement (Details) - OneMain Financial Holdings, Inc. $ in Millions	Mar. 02, 2015USD ($)
Business Acquisition [Line Items]
Seller termination fee	$ 213
Aggregate Purchase Price	$ 4,250

Benefit Plans (Details)

Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Pension
Components of net periodic benefit cost:
Interest cost	$ 4	$ 3	$ 12	$ 11
Expected return on assets	(5)	(4)	(14)	(12)
Net periodic benefit cost	(1)	(1)	(2)	(1)
Other Postretirement Benefit Plan
Components of net periodic benefit cost:
Net periodic benefit cost	$ 1	$ 1	$ 1	$ 1

Segment Information (Details)

Segment Information (Details) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015USD ($)state	Sep. 30, 2014USD ($)		Sep. 30, 2015USD ($)statedivisionsegment	Sep. 30, 2014USD ($)		Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Information about segments as well as reconciliations to consolidated financial statement amounts
Number of segments (segment) | segment				3
Interest income	$ 428	$ 484		$ 1,247	$ 1,569
Interest expense	171	180		500	577
Provision for finance receivable losses	82	103		249	379
Net interest income after provision for finance receivable losses	175	201		498	613
Other revenues	51	686		158	859
Other expenses	204	190		585	529
Income before provision for income taxes	22	697		71	943
Income before provision for income taxes attributable to non-controlling interests	31	35		93	82
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.	(9)	662		(22)	861
Assets	13,284	11,234	[1],[2]	13,284	11,234	[1],[2]		$ 11,029
Other assets	$ 501			$ 501				485
Equity method investment, ownership percentage	47.00%			47.00%
Consumer Portfolio Segment
Information about segments as well as reconciliations to consolidated financial statement amounts
Number of business divisions (division) | division				2
Number of states in which branch operates (state) | state	27			27
Operating segments | Consumer and Insurance
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	$ 293	236		$ 818	666
Interest expense	43	40		119	122
Provision for finance receivable losses	62	56		172	149
Net interest income after provision for finance receivable losses	188	140		527	395
Other revenues	55	61		162	168
Other expenses	166	138		471	392
Income before provision for income taxes	77	63		218	171
Income before provision for income taxes attributable to non-controlling interests	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.	77	63		218	171
Assets	5,743	4,608	[1],[2]	5,743	4,608	[1],[2]
Operating segments | Acquisitions and Servicing
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	114	131		361	414
Interest expense	22	18		67	58
Provision for finance receivable losses	19	27		69	121
Net interest income after provision for finance receivable losses	73	86		225	235
Other revenues	13	17		45	37
Other expenses	27	29		82	94
Income before provision for income taxes	59	74		188	178
Income before provision for income taxes attributable to non-controlling interests	31	35		93	82
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.	28	39		95	96
Assets	1,759	2,251	[1],[2]	1,759	2,251	[1],[2]
Operating segments | Real Estate
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	17	95		52	387
Interest expense	58	84		177	291
Provision for finance receivable losses	(4)	37		(7)	119
Net interest income after provision for finance receivable losses	(37)	(26)		(118)	(23)
Other revenues	(2)	277		4	188
Other expenses	8	36		24	78
Income before provision for income taxes	(47)	215		(138)	87
Income before provision for income taxes attributable to non-controlling interests	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.	(47)	215		(138)	87
Assets	3,551	3,745	[1],[2]	$ 3,551	3,745	[1],[2]
Other
Information about segments as well as reconciliations to consolidated financial statement amounts
Number of states in which branch-based personal lending has ceased (state) | state				14
Interest income	1	5		$ 6	14
Interest expense	16	2		48	6
Provision for finance receivable losses	0	2		1	7
Net interest income after provision for finance receivable losses	(15)	1		(43)	1
Other revenues	0	0		0	1
Other expenses	15	3		45	14
Income before provision for income taxes	(30)	(2)		(88)	(12)
Income before provision for income taxes attributable to non-controlling interests	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.	(30)	(2)		(88)	(12)
Assets	2,255	615	[1],[2]	2,255	615	[1],[2]
Eliminations
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest expense				(5)
Net interest income after provision for finance receivable losses				5
Other revenues	(13)	(16)		(45)	(51)
Other expenses	(13)	(16)		(40)	(51)
Income before provision for income taxes	0	0		0	0
Income before provision for income taxes attributable to non-controlling interests	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.	0	0		0	0
Push-down Accounting Adjustments
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	3	17		10	88
Interest expense	32	36		94	100
Provision for finance receivable losses	5	(19)		14	(17)
Net interest income after provision for finance receivable losses	(34)	0		(98)	5
Other revenues	(2)	347		(8)	516
Other expenses	1	0		3	2
Income before provision for income taxes	(37)	347		(109)	519
Income before provision for income taxes attributable to non-controlling interests	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.	(37)	347		(109)	519
Assets	$ (24)	15	[1],[2]	$ (24)	15	[1],[2]
New Accounting Pronouncement, Early Adoption, Effect
Information about segments as well as reconciliations to consolidated financial statement amounts
Other assets		$ 29			$ 29		$ 32	$ 29
[1]	As a result of our early adoption of ASU 2015-03, we reclassified $29 million of debt issuance costs from other assets to long-term debt as of September 30, 2014.
[2]	See Note 1 for further information on the correction of this prior period disclosure.

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Assets
Investment securities	$ 1,742	$ 2,935
Restricted cash and cash equivalents	270	218
Fair Value Measurements Using Level 1
Assets
Cash and cash equivalents	3,570	714
Restricted cash and cash equivalents	270	218
Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents	295	165
Investment securities	1,730	2,926
Other assets:
Receivables related to sales of real estate loans and related trust assets	3	67
Liabilities
Long-term debt	10,212	9,182
Fair Value Measurements Using Level 3
Assets
Investment securities	12	9
Net finance receivables, less allowance for finance receivable losses	6,736	6,979
Finance receivables held for sale	802	209
Other assets:
Commercial mortgage loans	71	78
Escrow advance receivable	10	8
Receivables related to sales of real estate loans and related trust assets	0	0
Total Fair Value
Assets
Cash and cash equivalents	3,865	879
Investment securities	1,742	2,935
Net finance receivables, less allowance for finance receivable losses	6,736	6,979
Finance receivables held for sale	802	209
Restricted cash and cash equivalents	270	218
Other assets:
Commercial mortgage loans	71	78
Escrow advance receivable	10	8
Receivables related to sales of real estate loans and related trust assets	3	67
Liabilities
Long-term debt	10,212	9,182
Total Carrying Value
Assets
Cash and cash equivalents	3,865	879
Investment securities	1,742	2,935
Net finance receivables, less allowance for finance receivable losses	6,109	6,307
Finance receivables held for sale	797	205
Restricted cash and cash equivalents	270	218
Other assets:
Commercial mortgage loans	71	85
Escrow advance receivable	10	8
Receivables related to sales of real estate loans and related trust assets	9	79
Liabilities
Long-term debt	$ 9,555	$ 8,356

Fair Value Measurements (Deta79

Fair Value Measurements (Details 2) - USD ($)		Sep. 30, 2015	Dec. 31, 2014
Assets
Available-for-sale securities	[1]	$ 564,000,000	$ 604,000,000
Trading securities		1,177,000,000	2,330,000,000
Total investment securities		1,742,000,000	2,935,000,000
Transfer from Level 1 Assets to Level 2		0
Transfer from Level 2 Assets to Level 1		0
Transfer from Level 1 Liabilities to Level 2		0
Transfers from Level 2 Liabilities to Level 1		0
Bonds:
Assets
Available-for-sale securities		547,000,000	596,000,000
U.S. government and government sponsored entities
Assets
Available-for-sale securities		68,000,000	64,000,000
Trading securities		783,000,000	303,000,000
Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities		84,000,000	102,000,000
Trading securities		0	14,000,000
Corporate debt
Assets
Available-for-sale securities		245,000,000	267,000,000
Trading securities		196,000,000	1,056,000,000
Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities		79,000,000	73,000,000
Trading securities		2,000,000	36,000,000
Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities		39,000,000	24,000,000
Trading securities		45,000,000	151,000,000
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities		32,000,000	63,000,000
Trading securities		151,000,000	512,000,000
Preferred stock
Assets
Available-for-sale securities		16,000,000	7,000,000
Other long-term investments
Assets
Available-for-sale securities		1,000,000	1,000,000
Total Fair Value
Assets
Cash and cash equivalents		3,865,000,000	879,000,000
Total investment securities		1,742,000,000	2,935,000,000
Portion at Other than Fair Value Measurement | Common stocks
Assets
Available-for-sale securities		1,000,000	1,000,000
Fair Value Measurements Using Level 1
Assets
Cash and cash equivalents		3,570,000,000	714,000,000
Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents		295,000,000	165,000,000
Total investment securities		1,730,000,000	2,926,000,000
Fair Value Measurements Using Level 3
Assets
Total investment securities		12,000,000	9,000,000
Fair Value, Measurements, Recurring | Total Fair Value
Assets
Cash equivalents in mutual funds		1,231,000,000	236,000,000
Cash and cash equivalents		295,000,000	165,000,000
Available-for-sale securities	[2]	564,000,000	604,000,000
Trading securities		1,177,000,000	2,330,000,000
Total investment securities		1,741,000,000	2,934,000,000
Restricted cash in mutual funds		252,000,000	207,000,000
Total		3,519,000,000	3,542,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Bonds:
Assets
Available-for-sale securities		547,000,000	596,000,000
Fair Value, Measurements, Recurring | Total Fair Value | U.S. government and government sponsored entities
Assets
Available-for-sale securities		68,000,000	64,000,000
Trading securities		783,000,000	303,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities		84,000,000	102,000,000
Trading securities			14,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Non-U.S. government and government sponsored entities
Assets
Trading securities			20,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Corporate debt
Assets
Available-for-sale securities		245,000,000	267,000,000
Trading securities		196,000,000	1,056,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities		79,000,000	73,000,000
Trading securities		2,000,000	36,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities		39,000,000	24,000,000
Trading securities		45,000,000	151,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities		32,000,000	63,000,000
Trading securities		151,000,000	512,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Preferred stock
Assets
Available-for-sale securities		16,000,000	7,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Other long-term investments
Assets
Available-for-sale securities	[3]	1,000,000	1,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1
Assets
Cash equivalents in mutual funds		1,231,000,000	236,000,000
Restricted cash in mutual funds		252,000,000	207,000,000
Total		1,483,000,000	443,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents		295,000,000	165,000,000
Available-for-sale securities	[2]	553,000,000	596,000,000
Trading securities		1,177,000,000	2,330,000,000
Total investment securities		1,730,000,000	2,926,000,000
Total		2,025,000,000	3,091,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Bonds:
Assets
Available-for-sale securities		547,000,000	589,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | U.S. government and government sponsored entities
Assets
Available-for-sale securities		68,000,000	64,000,000
Trading securities		783,000,000	303,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities		84,000,000	102,000,000
Trading securities			14,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Non-U.S. government and government sponsored entities
Assets
Trading securities			20,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Corporate debt
Assets
Available-for-sale securities		245,000,000	263,000,000
Trading securities		196,000,000	1,056,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities		79,000,000	73,000,000
Trading securities		2,000,000	36,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities		39,000,000	21,000,000
Trading securities		45,000,000	151,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities		32,000,000	63,000,000
Trading securities		151,000,000	512,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Preferred stock
Assets
Available-for-sale securities		6,000,000	7,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3
Assets
Available-for-sale securities	[2]	11,000,000	8,000,000
Trading securities		0	0
Total investment securities		11,000,000	8,000,000
Total		11,000,000	8,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Bonds:
Assets
Available-for-sale securities		0	7,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Corporate debt
Assets
Available-for-sale securities		0	4,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities		0	0
Trading securities		0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities		0	3,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities			0
Trading securities		0	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Preferred stock
Assets
Available-for-sale securities		10,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Other long-term investments
Assets
Available-for-sale securities	[3]	$ 1,000,000	1,000,000
Cash Equivalents | Fair Value, Measurements, Recurring | Total Fair Value
Assets
Available-for-sale securities			3,000,000
Trading securities			238,000,000
Cash Equivalents | Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2
Assets
Available-for-sale securities			3,000,000
Trading securities			$ 238,000,000
[1]	Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 2015 and December 31, 2014, which is classified as a restricted investment and carried at cost.
[2]	Common stocks not carried at fair value totaled $1 million at September 30, 2015 and December 31, 2014 and, therefore, have been excluded from the table above.
[3]	Other long-term investments excludes an immaterial interest in a limited partnership that we account for using the equity method.

Fair Value Measurements (Deta80

Fair Value Measurements (Details 3) - USD ($) $ in Millions		3 Months Ended			9 Months Ended
		Sep. 30, 2015		Sep. 30, 2014	Sep. 30, 2015		Sep. 30, 2014
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Purchases, sales, issues, settlements							$ 1
Transfers into Level 3		$ 0
Available-for-sale securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period				$ 6			15
Net gains (losses) included in: Other revenues				0			0
Net gains (losses) included in: Other comprehensive income (loss)				0			0
Purchases, sales, issues, settlements				0			(8)	[1]
Transfers into Level 3				0			0
Transfers out of Level 3				0			(1)	[2]
Balance at end of period				6			6
Trading securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period							7
Net gains (losses) included in: Other revenues							0
Net gains (losses) included in: Other comprehensive income (loss)							0
Purchases, sales, issues, settlements							0
Transfers into Level 3	[3]						1
Transfers out of Level 3	[2]						(2)
Balance at end of period				6			6
Securities Investment
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period		1		12	$ 8		22
Net gains (losses) included in: Other revenues		0		0	0		0
Net gains (losses) included in: Other comprehensive income (loss)		0		0	0		0
Purchases, sales, issues, settlements		10	[4]	0	6	[5]	(8)	[1]
Transfers into Level 3		0		0	0		1	[3]
Transfers out of Level 3		0		0	(3)	[6]	(3)	[2]
Balance at end of period		11		12	11		12
Purchases					10
Settlements					(4)
Bonds: | Available-for-sale securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period					7		14
Net gains (losses) included in: Other revenues					0		0
Net gains (losses) included in: Other comprehensive income (loss)					0		0
Purchases, sales, issues, settlements					(4)	[5]	(8)	[1]
Transfers into Level 3					0		0
Transfers out of Level 3					(3)	[6]	(1)	[2]
Balance at end of period		0		5	0		5
Corporate debt | Available-for-sale securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period				5	4		13
Net gains (losses) included in: Other revenues				0	0		0
Net gains (losses) included in: Other comprehensive income (loss)				0	0		0
Purchases, sales, issues, settlements				0	(4)	[5]	(8)	[1]
Transfers into Level 3				0	0		0
Transfers out of Level 3				0	0		0	[2]
Balance at end of period		0		5	0		5
Purchases					0
Settlements					(4)
Commercial mortgage-backed securities (“CMBS”) | Available-for-sale securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period					3
Net gains (losses) included in: Other revenues					0
Net gains (losses) included in: Other comprehensive income (loss)					0
Purchases, sales, issues, settlements					0
Transfers into Level 3					0
Transfers out of Level 3	[6]				(3)
Balance at end of period		0			0
Preferred stock | Available-for-sale securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period		0
Net gains (losses) included in: Other revenues					0
Net gains (losses) included in: Other comprehensive income (loss)					0
Purchases, sales, issues, settlements		10			10
Transfers into Level 3		0			0
Transfers out of Level 3		0			0
Balance at end of period		10			10
Purchases					10
Settlements					0
Other long-term investments | Available-for-sale securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period		1		1	1		1
Net gains (losses) included in: Other revenues		0		0	0		0
Net gains (losses) included in: Other comprehensive income (loss)		0		0	0		0
Purchases, sales, issues, settlements		0	[4]	0	0	[5]	0	[1]
Transfers into Level 3				0	0		0
Transfers out of Level 3		0		0	0		0	[2]
Balance at end of period		$ 1		1	$ 1		1
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) | Available-for-sale securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period							1
Net gains (losses) included in: Other revenues							0
Net gains (losses) included in: Other comprehensive income (loss)							0
Purchases, sales, issues, settlements	[1]						0
Transfers into Level 3							0
Transfers out of Level 3	[2]						(1)
Balance at end of period				0			0
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) | Trading securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period				6			7
Net gains (losses) included in: Other revenues				0			0
Net gains (losses) included in: Other comprehensive income (loss)				0			0
Purchases, sales, issues, settlements				0			0	[1]
Transfers into Level 3				0			0	[3]
Transfers out of Level 3				0			(1)	[2]
Balance at end of period				6			6
Residential mortgage-backed securities (“RMBS”) | Trading securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period							0
Net gains (losses) included in: Other revenues							0
Net gains (losses) included in: Other comprehensive income (loss)							0
Purchases, sales, issues, settlements							0
Transfers into Level 3	[3]						1
Transfers out of Level 3	[2]						(1)
Balance at end of period				$ 0			$ 0
[1]	“Purchases, sales, issues, and settlements” column consisted only of settlements, as the purchases were less than $1 million.
[2]	During the nine months ended September 30, 2014, we transferred RMBS and CDO/ABS securities totaling $3 million out of Level 3 primarily related to the re-evaluated observability of pricing inputs.
[3]	During the nine months ended September 30, 2014, we transferred $1 million of RMBS securities into Level 3 primarily related to the re-evaluated observability of pricing inputs.
[4]	*“Purchases, sales, issues, and settlements” column consisted only of purchases.
[5]	(a)The detail of purchases and settlements is presented in the table below:(dollars in millions) Purchases Settlements Total Nine Months Ended September 30, 2015 Investment securities: Available-for-sale securities: Bonds: Corporate debt $— $(4) $(4)Preferred stock 10 — 10Total $10 $(4) $6
[6]	During the nine months ended September 30, 2015, we transferred CMBS securities totaling $3 million out of Level 3 primarily related to the greater observability of pricing inputs.

Fair Value Measurements (Deta81

Fair Value Measurements (Details 4) - Level 3 - Fair Value, Measurements, Recurring - Discounted Cash Flow Valuation Technique $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2015USD ($)bond	Dec. 31, 2014USD ($)bond
Corporate debt
Unobservable Input
Yield (as a percent)	[1]	0.00%	1.05%
Number of bonds			1
Commercial mortgage-backed securities (“CMBS”)
Unobservable Input
Spread (as a percent)	[1],[2]		1.39%
Number of bonds			1
Residential mortgage-backed securities (“RMBS”)
Unobservable Input
Spread (as a percent)	[1]	7.43%	7.36%	[2]
Number of bonds		1	1
Debt Instrument, Fair Value Disclosure | $		$ 1	$ 1
Mortgage Loan Securitizations
Unobservable Input
Number of bonds			1
[1]	At September 30, 2015 and December 31, 2014, RMBS consisted of one bond, which was less than $1 million. At December 31, 2014, corporate debt and CMBS also consisted of one bond.
[2]	During the first quarter of 2015, we identified that we incorrectly disclosed the weighted average ranges of our RMBS bond and CMBS bond as of December 31, 2014. The weighted average ranges of these bonds at December 31, 2014 have been corrected in the table above.

Fair Value Measurements (Deta82

Fair Value Measurements (Details 5) - Non-recurring basis - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	[1]	$ 20		$ 20		$ 30
Asset Impairment Charges		1	$ 2	1	$ 11
Real estate owned
Assets measured at fair value on a non-recurring basis
Impairment of Real Estate		1	3	3	13
Assets measured at fair value on non-recurring basis	[1]	12		12		19
Commercial mortgage loans
Assets measured at fair value on a non-recurring basis
Impairment of Real Estate		0	$ (1)	(2)	$ (2)
Assets measured at fair value on non-recurring basis	[1]	8		8		11
Fair Value Measurements Using Level 3
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	[1]	20		20		30
Fair Value Measurements Using Level 3 | Real estate owned
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	[1]	12		12		19
Fair Value Measurements Using Level 3 | Commercial mortgage loans
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	[1]	$ 8		$ 8		$ 11
[1]	The fair value information presented in the table above is as of the date the fair value adjustment was recorded.