OneMain (OMF) 10-Q 5 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 01, 2016
Document and Entity Information
Entity Registrant Name	OneMain Holdings, Inc.
Entity Central Index Key	1,584,207
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		134,753,304
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 742	$ 939
Investment securities	1,744	1,867
Net finance receivables:
Personal loans (includes loans of consolidated VIEs of $10.1 billion in 2016 and $11.4 billion in 2015)	13,532	13,295
SpringCastle Portfolio (includes loans of consolidated VIEs of $1.7 billion in 2015)	0	1,703
Real estate loans	209	538
Retail sales finance	16	23
Net finance receivables	13,757	15,559
Unearned insurance premium and claim reserves	(618)	(662)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $439 million in 2016 and $431 million in 2015)	(608)	(592)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	12,531	14,305
Finance receivables held for sale (includes finance receivables held for sale of consolidated VIEs of $435 million in 2015)	420	793
Restricted cash and cash equivalents (includes restricted cash and cash equivalents of consolidated VIEs of $541 million in 2016 and $663 million in 2015)	550	676
Goodwill	1,422	1,440
Other intangible assets	523	559
Other assets	612	611
Total assets	18,544	21,190
Liabilities and Shareholders' Equity
Long-term debt (includes debt of consolidated VIEs of $8.3 billion in 2016 and $11.7 billion in 2015)	14,362	17,300
Insurance claims and policyholder liabilities	767	747
Deferred and accrued taxes	11	29
Other liabilities	384	384
Total liabilities	15,524	18,460
Commitments and Contingencies
Shareholders' equity:
Common stock, par value $.01 per share; 2,000,000,000 shares authorized, 134,753,304 and 134,494,172 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	1	1
Additional paid-in capital	1,543	1,533
Accumulated other comprehensive income (loss)	5	(33)
Retained earnings	1,471	1,308
OneMain Holdings, Inc. shareholders’ equity	3,020	2,809
Non-controlling interests	0	(79)
Total shareholders’ equity	3,020	2,730
Total liabilities and shareholders’ equity	$ 18,544	$ 21,190

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Personal loans	$ 13,532	$ 13,295
SpringCastle Portfolio	0	1,703
Allowance for finance receivable losses	608	592
Finance receivables held for sale	420	793
Restricted cash and cash equivalents	550	676
Long-term debt	$ 14,362	$ 17,300
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	134,753,304	134,494,172
Common stock, shares outstanding	134,753,304	134,494,172
Consolidated VIEs
Allowance for finance receivable losses	$ 439	$ 431
Finance receivables held for sale	0	435
Restricted cash and cash equivalents	541	663
Long-term debt	8,300	11,654
Personal loans
Allowance for finance receivable losses	587	541
Finance receivables held for sale		617
Personal loans | Consolidated VIEs
Personal loans	10,124	11,448
Spring Castle Portfolio [Member]
Allowance for finance receivable losses	0	4
Spring Castle Portfolio [Member] | Consolidated VIEs
SpringCastle Portfolio	$ 0	$ 1,703

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Finance charges	$ 723		$ 406		$ 1,508	$ 805
Finance receivables held for sale originated as held for investment	18		4		64	8
Total interest income	741		410		1,572	813
Interest expense	214		171		440	329
Net interest income	527		239		1,132	484
Provision for finance receivable losses	214		74		411	154
Net interest income after provision for finance receivable losses	313		165		721	330
Other revenues:
Insurance	114		40		228	76
Investment	24		16		44	33
Net loss on repurchases and repayments of debt	(13)		0		(16)	0
Net gain on sale of personal loans	22		0		22	0
Net gain on sale of SpringCastle interests	0	$ 167	0		167	0
Other	18		(1)		23	(2)
Total other revenues	165		55		468	107
Operating expenses:
Salaries and benefits	192		112		406	205
Acquisition-related transaction and integration expenses	21		12		54	15
Other operating expenses	177		63		344	125
Insurance policy benefits and claims	46		20		91	36
Total other expenses	436		207		895	381
Income before provision for (benefit from) income taxes	42	252	13	$ 43	294	56	$ (226)	$ 861	$ 157
Provision for (benefit from) income taxes	16		(8)		103	0
Net income	26		21		191	56
Net income attributable to non-controlling interests	0		33		28	66
Net income (loss) attributable to OneMain Holdings, Inc.	$ 26	$ 137	$ (12)	$ 2	$ 163	$ (10)	$ (220)	$ 463	$ 8
Weighted average number of shares outstanding:
Basic (in shares)	134,728,465		127,411,208		134,711,612	121,253,548
Diluted (in shares)	134,952,992		127,411,208		134,930,370	121,253,548
Earnings (loss) per share:
Basic (in dollars per share)	$ 0.19	$ 1.02	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.03	$ 0.07
Diluted (in dollars per share)	$ 0.19	$ 1.01	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.02	$ 0.07

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 26	$ 21	$ 191	$ 56
Other comprehensive income:
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	31	(10)	58	(5)
Foreign currency translation adjustments	1	(1)	7	0
Income tax effect:
Net unrealized (gains) losses on non-credit impaired available-for-sale securities	(10)	4	(20)	2
Foreign currency translation adjustments	(1)	0	(3)	0
Other comprehensive income (loss), net of tax, before reclassification adjustments	21	(7)	42	(3)
Reclassification adjustments included in net income:
Net realized gains on available-for-sale securities	(4)	(4)	(6)	(10)
Income tax effect:
Net realized gains on available-for-sale securities	1	1	2	3
Reclassification adjustments included in net income, net of tax	(3)	(3)	(4)	(7)
Other comprehensive income (loss), net of tax	18	(10)	38	(10)
Comprehensive income	44	11	229	46
Comprehensive income attributable to non-controlling interests	0	33	28	66
Comprehensive income (loss) attributable to OneMain Holdings, Inc.	$ 44	$ (22)	$ 201	$ (20)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	OneMain Holdings, Inc. Shareholders’ Equity	Non-controlling Interests
Balance at Dec. 31, 2014	$ 1,932	$ 1	$ 529	$ 3	$ 1,528	$ 2,061	$ (129)
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	4		4			4
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	(39)						(39)
Other comprehensive income	(10)			(10)		(10)
Net income (loss)	56				(10)	(10)	66
Balance at Jun. 30, 2015	2,932	1	1,522	(7)	1,518	3,034	(102)
Balance at Dec. 31, 2015	2,730	1	1,533	(33)	1,308	2,809	(79)
Common shares issued and outstanding
Share-based compensation expense, net of forfeitures	12		12			12
Excess tax benefit from share-based compensation	3		3			3
Withholding tax on vested RSUs	(5)		(5)			(5)
Change in non-controlling interests:
Distributions declared to joint venture partners	(18)						(18)
Sale of equity interests in SpringCastle joint venture	69						69
Other comprehensive income	38			38		38
Net income (loss)	191				163	163	28
Balance at Jun. 30, 2016	$ 3,020	$ 1	$ 1,543	$ 5	$ 1,471	$ 3,020	$ 0

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities
Net income (loss)	$ 191	$ 56
Reconciling adjustments:
Provision for finance receivable losses	411	154
Depreciation and amortization	301	47
Deferred income tax benefit	22	(29)
Net gain on sale of personal loans	(22)	0
Net loss on repurchases and repayments of debt	16	0
Non-cash incentive compensation from Initial Stockholder	0	15
Share-based compensation expense, net of forfeitures	12	4
Net gain on sale of SpringCastle interests	(167)	0
Other	(6)	(13)
Cash flows due to changes in:
Other assets and other liabilities	(9)	(13)
Insurance claims and policyholder liabilities	(29)	13
Taxes receivable and payable	(74)	(28)
Accrued interest and finance charges	6	3
Restricted cash and cash equivalents not reinvested	4	0
Other, net	2	0
Net cash provided by operating activities	658	209
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale	(625)	(305)
Proceeds on sales of finance receivables held for sale originated as held for investment	624	74
Proceeds from sale of SpringCastle interests	101	0
Cash received from CitiFinancial Credit Company	23	0
Available-for-sale securities purchased	(263)	(209)
Trading and other securities purchased	(10)	(1,318)
Available-for-sale securities called, sold, and matured	454	223
Trading and other securities called, sold, and matured	26	1,963
Change in restricted cash and cash equivalents	47	(109)
Proceeds from sale of real estate owned	4	10
Other, net	(11)	0
Net cash provided by investing activities	370	329
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions	3,476	1,829
Proceeds from issuance of common stock, net of offering costs	0	976
Repayments of long-term debt	(4,687)	(591)
Distributions to joint venture partners	(18)	(39)
Excess tax benefit from share-based compensation	3	2
Net cash provided by (used for) financing activities	(1,226)	2,177
Effect of exchange rate changes on cash and cash equivalents	1	0
Net change in cash and cash equivalents	(197)	2,715
Cash and cash equivalents at beginning of period	939	879
Cash and cash equivalents at end of period	742	3,594
Supplemental non-cash activities
Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)	1,895	0
Transfer of finance receivables to real estate owned	4	5
Net unsettled investment security dispositions	$ (2)	$ 13

Business and Basis of Presentat

Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Organization [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation OneMain Holdings, Inc. is referred to in this report as “OMH” or, collectively with its subsidiaries, whether directly or indirectly owned, the “Company,” “we,” “us,” or “our.” OMH is a Delaware corporation. At June 30, 2016 , Springleaf Financial Holdings, LLC (the “Initial Stockholder”) owned approximately 58% of OMH’s common stock. The Initial Stockholder is owned primarily by a private equity fund managed by an affiliate of Fortress Investment Group LLC (“Fortress”). On November 15, 2015, OMH completed its acquisition of OneMain Financial Holdings, LLC (“OMFH”) from CitiFinancial Credit Company (“Citigroup”) for $4.5 billion in cash (the “OneMain Acquisition”). As a result of the OneMain Acquisition, OMFH became a wholly owned, indirect subsidiary of OMH. See Note 2 for further information on the OneMain Acquisition. OMH is a financial services holding company whose principal subsidiaries are Springleaf Finance, Inc. (“SFI”) and Independence Holdings, LLC (“Independence”). SFI’s principal subsidiary is Springleaf Finance Corporation (“SFC”), and Independence’s principal subsidiary is OMFH. SFC and OMFH are financial services holding companies with subsidiaries engaged in the consumer finance and insurance businesses. OMFH, collectively with its subsidiaries, is referred to in this report as “OneMain.” OMH and its subsidiaries (other than OneMain) is referred to in this report as “Springleaf.” BASIS OF PRESENTATION We prepared our condensed consolidated financial statements using generally accepted accounting principles in the United States of America (“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 GAAP. The statements include the accounts of OMH, its subsidiaries (all of which are wholly owned, except for certain indirect subsidiaries associated with a joint venture in which we owned a 47% equity interest prior to March 31, 2016), 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. To conform to the 2016 presentation, we have reclassified certain items in prior periods, including certain items in prior periods of our condensed consolidated financial statements. 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, 2015 (“ 2015 Annual Report on Form 10-K”). We follow the same significant accounting policies for our interim reporting, except for the change in accounting policy discussed below. CHANGE IN ACCOUNTING POLICY Effective April 1, 2016, we changed our accounting policy for the derecognition of loans within a purchased credit impaired (“PCI”) pool. Historically, we removed loans from a PCI pool upon charge-off of the loan, based on the Company’s charge-off accounting policy at their allocated carrying value. Under our new accounting policy, loans will be removed from a PCI pool when the loan is written-off, at which time further collections efforts would not be pursued, or sold or repaid. While both methods are acceptable under GAAP, we believe the new method for derecognition of PCI loans is preferable as it enhances consistency with our industry peers. As of April 1, 2016, the cumulative effect of applying the change in accounting policy increased shareholders’ equity by $42 million . Our policy for derecognition of PCI loans following the change described above is presented below: Purchased Credit Impaired Finance Receivables As part of each of our acquisitions, we identify a population of finance receivables for which it is determined that it is probable that we will be unable to collect all contractually required payments. The population of accounts identified generally consists of those finance receivables that are (i) 60 days or more past due at acquisition, (ii) which had been classified as troubled debt restructured (“TDR”) finance receivables as of the acquisition date, (iii) may have been previously modified, or (iv) had other indications of credit deterioration as of the acquisition date. We accrete the excess of the cash flows expected to be collected on the purchased credit impaired finance receivables over the discounted cash flows (the “accretable yield”) into interest income at a level rate of return over the expected lives of the underlying pools of the purchased credit impaired finance receivables. The underlying pools are based on finance receivables with common risk characteristics. We have established policies and procedures to periodically (at least once a quarter) update the amount of cash flows we expect to collect, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of then current market conditions. Probable decreases in expected finance receivable cash flows result in the recognition of impairment, which is recognized through the provision for finance receivable losses. Probable significant increases in expected cash flows to be collected would first reverse any previously recorded allowance for finance receivable losses; any remaining increases are recognized prospectively as adjustments to the respective pool’s yield. Our purchased credit impaired finance receivables remain in our purchased credit impaired pools until liquidation or write-off. We do not reclassify modified purchased credit impaired finance receivables as TDR finance receivables. We have additionally established policies and procedures related to maintaining the integrity of these pools. A finance receivable will not be removed from a pool unless we sell, foreclose, or otherwise receive assets in satisfaction of a particular finance receivable or a finance receivable is written-off. If a finance receivable is renewed and additional funds are lent and terms are adjusted to current market conditions, we consider this a new finance receivable and the previous finance receivable is removed from the pool. If the facts and circumstances indicate that a finance receivable should be removed from a pool, that finance receivable will be removed at its allocated carrying amount. Removal of the finance receivable from a pool does not affect the yield used to recognize accretable yield of the pool. We have retrospectively applied this change in accounting policy. The effect of this change in accounting policy on income (loss) before provision for (benefit from) income taxes, net income (loss) attributable to OMH, and earnings (loss) per share, and the cumulative effect of this change in accounting policy on shareholders’ equity attributable to OMH for the following prior periods are included in the table below. (dollars in millions, except earnings (loss) per share) As Reported Adjustments As Adjusted Income (loss) before provision for (benefit from) income taxes Year ended December 31, 2013 $ 78 $ 79 $ 157 Year ended December 31, 2014 905 (44 ) 861 Year ended December 31, 2015 (269 ) 43 (226 ) Three months ended March 31, 2015 38 5 43 Three months ended March 31, 2016 275 (23 ) 252 Net income (loss) attributable to OMH Year ended December 31, 2013 $ (19 ) $ 27 $ 8 Year ended December 31, 2014 505 (42 ) 463 Year ended December 31, 2015 (242 ) 22 (220 ) Three months ended March 31, 2015 — 2 2 Three months ended March 31, 2016 153 (16 ) 137 Earnings (loss) per share - Basic Year ended December 31, 2013 $ (0.19 ) $ 0.26 $ 0.07 Year ended December 31, 2014 4.40 (0.37 ) 4.03 Year ended December 31, 2015 (1.89 ) 0.17 (1.72 ) Three months ended March 31, 2015 — 0.01 0.01 Three months ended March 31, 2016 1.14 (0.12 ) 1.02 Earnings (loss) per share - Diluted Year ended December 31, 2013 $ (0.19 ) $ 0.26 $ 0.07 Year ended December 31, 2014 4.38 (0.36 ) 4.02 Year ended December 31, 2015 (1.89 ) 0.17 (1.72 ) Three months ended March 31, 2015 — 0.01 0.01 Three months ended March 31, 2016 1.13 (0.12 ) 1.01 Shareholders’ equity attributable to OMH January 1, 2014 $ 1,540 $ 78 $ 1,618 January 1, 2015 2,025 36 2,061 January 1, 2016 2,751 58 2,809 The following tables present the impact of the retrospective application of this change in accounting policy on the amounts previously reported in our (i) consolidated balance sheet as of December 31, 2015, (ii) condensed consolidated statements of operations for the three and six months ended June 30, 2015 and (iii) condensed consolidated statements of cash flows for the six months ended June 30, 2015. Revised Condensed Consolidated Balance Sheet December 31, 2015 (dollars in millions) As Reported Adjustments As Adjusted Assets Cash and cash equivalents $ 939 $ — $ 939 Investment securities 1,867 — 1,867 Net finance receivables: Personal loans 13,267 28 13,295 SpringCastle Portfolio 1,576 127 1,703 Real estate loans 524 14 538 Retail sales finance 23 — 23 Net finance receivables 15,390 169 15,559 Unearned insurance premium and claim reserves (662 ) — (662 ) Allowance for finance receivable losses (587 ) (5 ) (592 ) Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses 14,141 164 14,305 Finance receivables held for sale 796 (3 ) 793 Restricted cash and cash equivalents 676 — 676 Goodwill 1,440 — 1,440 Other intangible assets 559 — 559 Other assets 638 (27 ) 611 Total assets $ 21,056 $ 134 $ 21,190 Liabilities and Shareholders’ Equity Long-term debt $ 17,300 $ — $ 17,300 Insurance claims and policyholder liabilities 747 — 747 Deferred and accrued taxes 20 9 29 Other liabilities 384 — 384 Total liabilities 18,451 9 18,460 Shareholders’ equity: Common stock 1 — 1 Additional paid-in capital 1,533 — 1,533 Accumulated other comprehensive loss (33 ) — (33 ) Retained earnings 1,250 58 1,308 OneMain Holdings, Inc. shareholders’ equity 2,751 58 2,809 Non-controlling interests (146 ) 67 (79 ) Total shareholders’ equity 2,605 125 2,730 Total liabilities and shareholders’ equity $ 21,056 $ 134 $ 21,190 Revised Condensed Consolidated Statements of Operations (dollars in millions, except earnings (loss) per share) Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted As Reported Adjustments As Adjusted Interest income: Finance charges $ 408 $ (2 ) $ 406 $ 810 $ (5 ) $ 805 Finance receivables held for sale originated as held for investment 5 (1 ) 4 9 (1 ) 8 Total interest income 413 (3 ) 410 819 (6 ) 813 Interest expense 171 — 171 329 — 329 Net interest income 242 (3 ) 239 490 (6 ) 484 Provision for finance receivable losses 80 (6 ) 74 167 (13 ) 154 Net interest income after provision for finance receivable losses 162 3 165 323 7 330 Other revenues: Insurance 40 — 40 76 — 76 Investment 16 — 16 33 — 33 Other — (1 ) (1 ) (2 ) — (2 ) Total other revenues 56 (1 ) 55 107 — 107 Other expenses: Operating expenses: Salaries and benefits 112 — 112 205 — 205 Acquisition-related transaction and integration expenses 12 — 12 15 — 15 Other operating expenses 63 — 63 125 — 125 Insurance policy benefits and claims 20 — 20 36 — 36 Total other expenses 207 — 207 381 — 381 Income before provision for (benefit from) income taxes 11 2 13 49 7 56 Provision for (benefit from) income taxes (8 ) — (8 ) (1 ) 1 — Net income 19 2 21 50 6 56 Net income attributable to non-controlling interests 31 2 33 62 4 66 Net income (loss) attributable to OneMain Holdings, Inc. $ (12 ) $ — $ (12 ) $ (12 ) $ 2 $ (10 ) Share Data: Weighted average number of shares outstanding: Basic 127,411,208 127,411,208 121,253,548 121,253,548 Diluted 127,411,208 127,411,208 121,253,548 121,253,548 Earnings (loss) per share: Basic $ (0.09 ) $ (0.09 ) $ (0.10 ) $ (0.08 ) Diluted $ (0.09 ) $ (0.09 ) $ (0.10 ) $ (0.08 ) Revised Condensed Consolidated Statement of Cash Flows (dollars in millions) Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted Cash flows from operating activities Net income $ 50 $ 6 $ 56 Reconciling adjustments: Provision for finance receivable losses 167 (13 ) 154 Depreciation and amortization 41 6 47 Deferred income tax charge (benefit) (30 ) 1 (29 ) Non-cash incentive compensation from Initial Stockholder 15 — 15 Share-based compensation expense, net of forfeitures 4 — 4 Other (13 ) — (13 ) Cash flows due to changes in: Other assets and other liabilities (13 ) — (13 ) Insurance claims and policyholder liabilities 13 — 13 Taxes receivable and payable (28 ) — (28 ) Accrued interest and finance charges 3 — 3 Net cash provided by operating activities 209 — 209 Cash flows from investing activities Net principal collections (originations) of finance receivables held for investment and held for sale (305 ) — (305 ) Proceeds on sales of finance receivables held for sale originated as held for investment 74 — 74 Available-for-sale securities purchased (209 ) — (209 ) Trading and other securities purchased (1,318 ) — (1,318 ) Available-for-sale securities called, sold, and matured 223 — 223 Trading and other securities called, sold, and matured 1,963 — 1,963 Change in restricted cash and cash equivalents (109 ) — (109 ) Proceeds from sale of real estate owned 10 — 10 Net cash provided by investing activities 329 — 329 Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 1,829 — 1,829 Proceeds from issuance of common stock, net of offering costs 976 — 976 Repayments of long-term debt (591 ) — (591 ) Distributions to joint venture partners (39 ) — (39 ) Excess tax benefit from share-based compensation 2 — 2 Net cash provided by (used for) financing activities 2,177 — 2,177 Net change in cash and cash equivalents 2,715 — 2,715 Cash and cash equivalents at beginning of period 879 — 879 Cash and cash equivalents at end of period $ 3,594 $ — $ 3,594 We have also adjusted the applicable prior period amounts in the Notes to the Condensed Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 2 herein to reflect the impact of this change in accounting policy.

Significant Transactions

Significant Transactions	6 Months Ended
	Jun. 30, 2016
Significant Transactions [Abstract]
Significant Transactions	Significant Transactions ONEMAIN ACQUISITION On November 15, 2015, OMH completed its acquisition of OneMain from Citigroup for approximately $4.5 billion in cash after accounting for certain estimated adjustments at closing. OneMain is a leading consumer finance company in the United States, providing personal loans to primarily middle income households through a national, community based network. We allocated the purchase price to the net tangible and intangible assets acquired and liabilities assumed, based on their respective estimated fair values as of October 31, 2015. Given the timing of this transaction and complexity of the purchase accounting, our estimate of the fair value adjustment specific to the acquired loans and intangible assets was preliminary, and our determination of the final tax positions with Citigroup was also preliminary. We intend to finalize the accounting for these matters as soon as reasonably possible and within the measurement period, which may be up to one year from the acquisition date. The excess of the purchase price over the fair values, which we recorded as goodwill, was determined as follows: (dollars in millions) As Reported As Adjusted Adjustments * Cash consideration $ 4,478 $ (23 ) (a) $ 4,455 Fair value of assets acquired: Cash and cash equivalents 958 — 958 Investment securities 1,294 — 1,294 Personal loans 8,801 (6 ) (b) 8,795 Intangibles 555 3 (c) 558 Other assets 247 (3 ) (d) 244 Fair value of liabilities assumed: Long-term debt (7,725 ) — (7,725 ) Unearned premium, insurance policy and claims reserves (936 ) — (936 ) Other liabilities (156 ) 1 (e) (155 ) Goodwill $ 1,440 $ 1,422 * During the first half of 2016, we recorded the following adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill as new information, which existed as of the acquisition date, was brought to our attention: (a) Represents a subsequent cash payment from Citigroup as a result of reaching final agreement on certain purchase accounting adjustments. (b) Represents the net impact of an increase to the discount of purchased credit impaired finance receivables of $64 million and an increase to the premium on finance receivables purchased as performing receivables of $58 million as a result of revisions to the receivables valuation during the measurement period. This adjustment also resulted in $15 million of additional loan premium amortization and $3 million of additional loan discount accretion during the first quarter of 2016, of which $7 million and $1 million , respectively, would have been recorded during the two months ended December 31, 2015, had the adjustment been retroactively reflected since the acquisition date. (c) Represents an increase in acquired intangibles related to customer loan applications in process at the acquisition date. (d) Represents a decrease in valuation of acquired software asset. (e) Represents the settlement of a payable to Citigroup during the measurement period. Of the adjusted $ 8.8 billion of acquired personal loans included in the table above, $8.1 billion relates to finance receivables determined not to be credit impaired at acquisition. Contractually required principal and interest of these non-credit impaired personal loans was $11.6 billion at the date of acquisition, of which $2.2 billion is not expected to be collected. Changes in the carrying amount of goodwill, all of which are reported in our Consumer and Insurance segment, were as follows: (dollars in millions) Consumer and Insurance Six Months Ended June 30, 2016 Balance at beginning of period $ 1,440 Adjustments to purchase price allocation * (18 ) Balance at end of period $ 1,422 * Goodwill adjustments were recorded at OMFH subsidiary level. We did not record any impairments to goodwill during the six months ended June 30, 2016 . The following unaudited pro forma information presents the combined results of operations of Springleaf and OneMain as if the OneMain Acquisition had occurred on January 1, 2014. The unaudited pro forma information also reflects adjustments for the sale of certain personal loans classified as finance receivables held for sale in connection with the Lendmark Sale (as defined below), as if the transactions had been consummated on January 1, 2015. In addition, the pro forma interest income assumes the adjustment of historical finance charges for estimated impacts of accounting for credit impaired loans. The unaudited pro forma information is not necessarily indicative of the operating results that would have been achieved had the OneMain Acquisition occurred on January 1, 2015. In addition, the unaudited pro forma financial information does not purport to project the future operating results of the combined company following the OneMain Acquisition. As of June 30, 2016 , we have incurred approximately $116 million of acquisition-related transaction and integration expenses ( $54 million incurred during the first half of 2016) in connection with the OneMain Acquisition and the Lendmark Sale (as defined below), which we report as a component of operating expenses. These expenses include transaction costs, technology termination and certain compensation and benefit related costs. We anticipate incurring approximately $275 million of acquisition-related expenses in connection with the OneMain Acquisition and the Lendmark Sale, which we expect to incur primarily during 2016 and the first half of 2017. The following table presents the unaudited pro forma financial information: (dollars in millions) Three Months Ended Six Months Ended Interest income $ 809 $ 1,604 Net income attributable to OneMain Holdings, Inc. 24 65 In connection with the closing of the OneMain Acquisition, on November 13, 2015, OMH and certain of its subsidiaries entered into an Asset Preservation Stipulation and Order and agreed to a Proposed Final Judgment (collectively, the “Settlement Agreement”) with the U.S. Department of Justice (the “DOJ”), as well as the state attorneys general for Colorado, Idaho, Pennsylvania, Texas, Virginia, Washington and West Virginia. The Settlement Agreement resolved the inquiries of the DOJ and such attorneys general with respect to the OneMain Acquisition and allowed OMH to proceed with the closing. Pursuant to the Settlement Agreement, OMH agreed to divest 127 branches of SFC subsidiaries across 11 states as a condition for approval of the OneMain Acquisition. The Settlement Agreement required certain of OMH’s subsidiaries (the “Branch Sellers”) to operate these 127 branches as an ongoing, economically viable and competitive business until sold to the divestiture purchaser. The court overseeing the settlement appointed a third-party monitor to oversee management of the divestiture branches and ensure the Company’s compliance with the terms of the Settlement Agreement. SPRINGCASTLE INTERESTS SALE On March 31, 2016, SFI, SpringCastle Holdings, LLC (“SpringCastle Holdings”) and Springleaf Acquisition Corporation (“Springleaf Acquisition” and, together with SpringCastle Holdings, the “SpringCastle Sellers”), wholly owned subsidiaries of OMH, entered into a purchase agreement with certain subsidiaries of New Residential Investment Corp. (“NRZ” and such subsidiaries, the “NRZ Buyers”) and BTO Willow Holdings II, L.P. and Blackstone Family Tactical Opportunities Investment Partnership—NQ—ESC L.P. (collectively, the “Blackstone Buyers” and together with the NRZ Buyers, the “SpringCastle Buyers”). Pursuant to the purchase agreement, on March 31, 2016, SpringCastle Holdings sold its 47% limited liability company interest in each of SpringCastle America, LLC, SpringCastle Credit, LLC and SpringCastle Finance, LLC, and Springleaf Acquisition sold its 47% limited liability company interest in SpringCastle Acquisition LLC, to the SpringCastle Buyers for an aggregate purchase price of approximately $112 million (the “SpringCastle Interests Sale”). SpringCastle America, LLC, SpringCastle Credit, LLC, SpringCastle Finance, LLC and SpringCastle Acquisition LLC are collectively referred to herein as the “SpringCastle Joint Venture.” The SpringCastle Joint Venture primarily holds subordinate ownership interests in a securitized loan portfolio (the “SpringCastle Portfolio”), which consists of unsecured loans and loans secured by subordinate residential real estate mortgages and includes both closed-end accounts and open-end lines of credit. These loans are in a liquidating status and vary in form and substance from the Company’s originated loans. At December 31, 2015, the SpringCastle Portfolio included over 232,000 of acquired loans, representing $1.7 billion in net finance receivables. In connection with the SpringCastle Interests Sale, the SpringCastle Buyers paid $101 million of the aggregate purchase price to the SpringCastle Sellers on March 31, 2016, with the remaining $11 million to be paid into an escrow account within 120 days following March 31, 2016. Such escrowed funds are expected to be held in escrow for a period of up to five years following March 31, 2016, and, subject to the terms of the purchase agreement and assuming certain portfolio performance requirements are satisfied, paid to the SpringCastle Sellers at the end of such five -year period. In connection with the SpringCastle Interests Sale, we recorded a net gain in other revenues at the time of sale of $ 167 million . As a result of this sale, SpringCastle Acquisition and SpringCastle Holdings no longer hold any ownership interests of the SpringCastle Joint Venture. However, unless terminated, SFI will remain as servicer of the SpringCastle Portfolio under the existing servicing agreement for the SpringCastle Funding Trust. In addition, we deconsolidated the underlying loans of the SpringCastle Portfolio and previously issued securitized interests, which were reported in long-term debt, as we no longer were considered the primary beneficiary. Prior to the SpringCastle Interests Sale, affiliates of the NRZ Buyers owned a 30% limited liability company interest in the SpringCastle Joint Venture, and affiliates of the Blackstone Buyers owned a 23% limited liability company interest in the SpringCastle Joint Venture (together, the “Other Members”). The Other Members are parties to the purchase agreement for purposes of certain limited indemnification obligations and post-closing expense reimbursement obligations of the SpringCastle Joint Venture to the SpringCastle Sellers. The NRZ Buyers are subsidiaries of NRZ, which is externally managed by an affiliate of Fortress. The Initial Stockholder, which owned approximately 58% of OMH’s common stock as of March 31, 2016, the date of sale, was owned primarily by a private equity fund managed by an affiliate of Fortress. Mr. Edens, Chairman of the Board of Directors of OMH, also serves as Chairman of the Board of Directors of NRZ. Mr. Edens is also a principal of Fortress and serves as Co-Chairman of the Board of Directors of Fortress. Mr. Jacobs, a member of the Board of Directors of OMH, also serves as a member of NRZ’s Board of Directors and Fortress’ Board of Directors. The purchase agreement included customary representations, warranties, covenants and indemnities. We did not record a sales recourse obligation related to the SpringCastle Interests Sale. SFC’S OFFERING OF 8.25% SENIOR NOTES On April 11, 2016, SFC issued $1.0 billion aggregate principal amount of 8.25% Senior Notes due 2020 (the “8.25% SFC Notes”) under an Indenture dated as of December 3, 2014 (the “Base Indenture”), as supplemented by a Second Supplemental Indenture, dated as of April 11, 2016 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), pursuant to which OMH provided a guarantee of the notes on an unsecured basis. SFC used a portion of the proceeds from the offering to repurchase approximately $600 million aggregate principal amount of its existing senior notes that mature in 2017, at a premium to principal amount from certain beneficial owners, and certain of those beneficial owners purchased new SFC senior notes in the offering. SFC intends to use the remaining net proceeds for general corporate purposes, which may include further debt repurchases and repayments. The notes are SFC’s senior unsecured obligations and rank equally in right of payment to all of SFC’s other existing and future unsubordinated indebtedness from time to time outstanding. The notes are effectively subordinated to all of SFC’s secured obligations to the extent of the value of the assets securing such obligations and structurally subordinated to any existing and future obligations of SFC’s subsidiaries with respect to claims against the assets of such subsidiaries. The notes may be redeemed at any time and from time to time, at the option of SFC, in whole or in part at a “make-whole” redemption price specified in the Indenture. The notes will not have the benefit of any sinking fund. The Indenture contains covenants that, among other things, (i) limit SFC’s ability to create liens on assets and (ii) restrict SFC’s ability to consolidate, merge or sell its assets. The Indenture also provides for events of default which, if any of them were to occur, would permit or require the principal of and accrued interest on the notes to become, or to be declared, due and payable. LENDMARK SALE On November 12, 2015, OMH and the Branch Sellers entered into a purchase and sale agreement with Lendmark Financial Services, LLC (“Lendmark”) to sell 127 Springleaf branches and, subject to certain exclusions, the associated personal loans issued to customers of such branches, fixed non-information technology assets and certain other tangible personal property located in such branches to Lendmark (the “Lendmark Sale”) for a purchase price equal to the sum of (i) the aggregate unpaid balance as of closing of the purchased loans multiplied by 103% , plus (ii) for each interest-bearing purchased loan, an amount equal to all unpaid interest that has accrued on the unpaid balance at the applicable note rate from the most recent interest payment date through the closing, plus (iii) the sum of all prepaid charges and fees and security deposits of the Branch Sellers to the extent arising under the purchased contracts as reflected on the books and records of the Branch Sellers as of closing, subject to certain limitations if the purchase price would exceed $695 million and Lendmark would be unable to obtain financing on certain specified terms. In anticipation of the sale of these branches, SFC transferred $608 million of personal loans from held for investment to held for sale on September 30, 2015. Pursuant to the Settlement Agreement, we were required to dispose of the branches to be sold in connection with the Lendmark Sale within 120 days following November 13, 2015, subject to such extensions as the DOJ may approve. As we did not believe we would be able to consummate the Lendmark Sale prior to April 1, 2016, we requested two extensions of the closing deadline set forth in the Settlement Agreement. The DOJ granted our requests through May 13, 2016. On May 2, 2016, we completed the Lendmark Sale for an aggregate cash purchase price of $624 million . Such sale was effective as of April 30, 2016, and included the sale to Lendmark of personal loans with an unpaid principal balance (“UPB”) as of March 31, 2016 of $600 million . We have entered into a transition services agreement with Lendmark dated as of May 2, 2016 (the “Transition Services Agreement”), and our activities will remain subject to the oversight of the Monitoring Trustee appointed by the court pursuant to the Settlement Agreement until the expiration of the Transition Services Agreement. The Transition Services Agreement is currently scheduled to expire on November 2, 2016, subject to up to two additional three -month extensions with the permission of the DOJ. Although we continue to take such steps as we believe are necessary to comply with the terms of the Settlement Agreement, no assurance can be given that we will not incur fines or penalties associated with our activities pursuant to the Transition Services Agreement or our efforts to comply with the terms of the Settlement Agreement.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED Consolidation In February of 2015, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“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 tiebreakers in their consolidation analysis and disclosures. The standard became effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. We have adopted this ASU and concluded that it does not have a material effect 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 Accounting Standards Codification, clarify the guidance, correct references and make minor improvements affecting a variety of topics. The amendments to this transition guidance became effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. We have adopted this ASU and concluded that it does not have a material effect on our consolidated financial statements. Debt Instruments In March of 2016, the FASB issued ASU 2016-06, Contingent Puts and Call Options in Debt Instruments , which clarifies the requirements for assessing whether contingent call (put) options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt host. The ASU requires assessing the embedded call (put) options solely in accordance with the four-step decision sequence. The amendment of this ASU becomes effective on a modified retrospective basis for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. We have early adopted this ASU and concluded that it does not have a material effect on our consolidated financial statements. 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. In March of 2016, the FASB issued ASU 2016-08, Principal versus Agent Considerations, which clarifies the implementation of the guidance on principal versus agent considerations from ASU 2014-09, Revenue from Contracts with Customers . ASU 2016-08 does not change the core principle of the guidance in ASU 2014-09, but rather clarifies the distinction between principal versus agent considerations when implementing ASU 2014-09. In April of 2016, the FASB issued ASU 2016-10, Identifying Performance Obligations and Licensing , to clarify the implementation guidance of ASU 2014-09 relating to performance obligations and licensing. In May of 2016, the FASB issued ASU 2016-12, Narrow-Scope Improvements and Practical Expedients, to clarify guidance in ASU 2014-09 related to assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts/contract modifications. We are evaluating whether the adoption of these accounting pronouncements will 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 amendments in this ASU become effective for annual periods beginning after December 15, 2015, and interim periods within annual periods beginning after December 15, 2016. We are evaluating the potential impact of the adoption of the ASU on our consolidated financial statements. Financial Instruments In January of 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities , which simplifies the impairment assessment of equity investments. The update requires equity investments to be measured at fair value with changes recognized in net income. This ASU eliminates the requirement to disclose the methods and assumptions to estimate fair value for financial instruments, requires the use of the exit price for disclosure purposes, requires the change in liability due to a change in credit risk to be presented in other comprehensive income, requires separate presentation of financial assets and liabilities by measurement category and form of asset (securities and loans), and clarifies the need for a valuation allowance on a deferred tax asset related to available-for-sale securities. The amendments in this ASU become effective prospectively for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Leases In February of 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The ASU will require lessees to recognize assets and liabilities on leases with terms greater than 12 months and to disclose information related to the amount, timing and uncertainty of cash flows arising from leases, including various qualitative and quantitative requirements. The amendments in this ASU become effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Investments In March of 2016, the FASB issued ASU 2016-07, Simplifying the Transition to the Equity Method of Accounting , which eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The ASU requires that an entity that has available-for-sale securities recognize, through earnings, the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendment in this ASU becomes effective prospectively for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Stock Compensation In March of 2016, the FASB issued ASU 2016-09, Improvements to Employee Share - Based Payment Accounting , which simplifies the accounting for share-based payment transactions, income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The amendment in this ASU becomes effective on a modified retrospective basis for accounting in tax benefits recognized, retrospectively for accounting related to the presentation of employee taxes paid, prospectively for accounting related to recognition of excess tax benefits, and either prospectively or retrospectively for accounting related to presentation of excess employee tax benefits for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Revenue Recognition and Derivatives and Hedging In May of 2016, the FASB issued ASU 2016-11, Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815) , to rescind certain Securities and Exchange Commission (the “SEC”) guidance in Topic 605 and Topic 815 as ASU 2014-09 becomes effective. Our adoption of ASU 2014-09 will bring us into alignment with this ASU. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Allowance for Finance Receivables Losses In June of 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The ASU significantly changes the way that entities will be required to measure credit losses. The new standard requires that the estimated credit loss be based upon an “expected credit loss” approach rather than the “incurred loss” approach currently required. The new approach will require entities to measure all expected credit losses for financial assets based on historical experience, current conditions, and reasonable forecasts of collectability. It is anticipated that the expected credit loss model will require earlier recognition of credit losses than the incurred loss approach. The ASU requires that credit losses for purchased financial assets with a more-than-insignificant amount of credit deterioration since origination that are measured at amortized cost basis be determined in a similar manner to other financial assets measured at amortized cost basis; however, the initial allowance for credit losses is added to the purchase price of the financial asset rather than being reported as a credit loss expense. Subsequent changes in the allowance for credit losses are recorded in earnings. Interest income should be recognized based on the effective rate, excluding the discount embedded in the purchase price attributable to expected credit losses at acquisition. The ASU also requires companies to record allowances for held-to-maturity and available-for-sale debt securities rather than write-downs of such assets. In addition, the ASU requires qualitative and quantitative disclosures that provide information about the allowance and the significant factors that influenced management’s estimate of the allowance. The ASU will become effective for the Company for fiscal years beginning January 1, 2020. Early adoption is permitted for fiscal years beginning January 1, 2019. We believe the adoption of this ASU will have a material effect on our consolidated financial statements and we are in the process of quantifying the expected impacts. We do not believe that any other accounting pronouncements issued during the first half of 2016, but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Finance Receivables

Finance Receivables	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Finance Receivables	Finance Receivables Our finance receivable types include personal loans, 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 three to six years . At June 30, 2016 , we had over 2.2 million personal loans representing $13.5 billion of net finance receivables, compared to 2.2 million personal loans totaling $13.3 billion at December 31, 2015 . • 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. 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 in a liquidating status. Our finance receivable types also included the SpringCastle Portfolio at December 31, 2015, as defined below: • SpringCastle Portfolio — included unsecured loans and loans secured by subordinate residential real estate mortgages that were sold on March 31, 2016, in connection with the SpringCastle Interests Sale. The SpringCastle Portfolio included both closed-end accounts and open-end lines of credit. These loans were in a liquidating status and varied in substance and form from our originated loans. Unless terminated, we will continue to provide the servicing for these loans, which we service as unsecured loans because the liens are subordinated to superior ranking security interests. Components of net finance receivables held for investment by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total June 30, 2016 Gross receivables * $ 15,518 $ — $ 207 $ 17 $ 15,742 Unearned finance charges and points and fees (2,204 ) — 1 (1 ) (2,204 ) Accrued finance charges 145 — 1 — 146 Deferred origination costs 73 — — — 73 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 December 31, 2015 Gross receivables * $ 15,353 $ 1,672 $ 534 $ 25 $ 17,584 Unearned finance charges and points and fees (2,261 ) — — (2 ) (2,263 ) Accrued finance charges 147 31 4 — 182 Deferred origination costs 56 — — — 56 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 * Gross receivables are defined as follows: • Finance receivables purchased as a performing receivable — gross finance receivables equal the 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 initial fair value; • Finance receivables originated subsequent to the respective OneMain and Fortress acquisitions — gross finance receivables equal the UPB for interest bearing accounts and the gross remaining contractual payments for precompute accounts; • 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; and • Troubled debt restructured (“TDR”) finance receivables — gross finance receivables equal the 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 previously purchased as a performing receivable. Included in the table above are finance receivables associated with securitizations that remain on our balance sheet. The carrying value of our personal loans associated with securitizations totaled $10.1 billion and $11.4 billion at June 30, 2016 and December 31, 2015 , respectively, and the carrying value of the SpringCastle Portfolio, all of which were associated with securitizations, totaled $1.7 billion at December 31, 2015 . Unused lines of credit extended to customers by the Company were as follows: (dollars in millions) June 30, December 31, Personal loans $ 1 $ 2 SpringCastle Portfolio — 365 Real estate loans 18 30 Total $ 19 $ 397 Unused lines of credit on our personal loans can be suspended if any of the following occurs: (i) the value of the collateral declines significantly; (ii) we believe the borrower will be unable to fulfill the repayment obligations; or (iii) any other default by the borrower of any material obligation under the agreement occurs. Unused lines of credit on our real estate loans can be suspended if any of the following occurs: (i) the value of the real estate declines significantly below the property’s initial appraised value; (ii) we believe the borrower will be unable to fulfill the repayment obligations because of a material change in the borrower’s financial circumstances; or (iii) any other default by the borrower of any material obligation under the agreement occurs. Unused lines of credit on home equity lines of credit can be terminated for delinquency. Accordingly, no reserve has been recorded for the unused lines of credit. 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 June 30, 2016 and at December 31, 2015 were immaterial . Our personal loans 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 held for investment by type and by number of days delinquent: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total June 30, 2016 Net finance receivables: 60-89 days past due $ 124 $ — $ 6 $ — $ 130 90-119 days past due 96 — 4 — 100 120-149 days past due 81 — 3 — 84 150-179 days past due 77 — 3 — 80 180 days or more past due 9 — 21 — 30 Total delinquent finance receivables 387 — 37 — 424 Current 12,975 — 162 15 13,152 30-59 days past due 170 — 10 1 181 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 December 31, 2015 Net finance receivables: 60-89 days past due $ 127 $ 26 $ 19 $ — $ 172 90-119 days past due 97 16 3 — 116 120-149 days past due 58 12 2 1 73 150-179 days past due 62 11 2 — 75 180 days or more past due 4 1 13 — 18 Total delinquent finance receivables 348 66 39 1 454 Current 12,777 1,588 486 22 14,873 30-59 days past due 170 49 13 — 232 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 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 held for investment by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Retail Total June 30, 2016 Performing $ 13,269 $ — $ 178 $ 16 $ 13,463 Nonperforming 263 — 31 — 294 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 December 31, 2015 Performing $ 13,074 $ 1,663 $ 518 $ 22 $ 15,277 Nonperforming 221 40 20 1 282 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 PURCHASED CREDIT IMPAIRED FINANCE RECEIVABLES Our purchased credit impaired finance receivables consist of receivables purchased as part of the following transactions: • OneMain Acquisition - effective November 1, 2015, we acquired personal loans (the “OM Loans”), some of which were determined to be credit impaired. During the first quarter of 2016, we recorded a purchase accounting adjustment of $64 million , which decreased the initial fair value of these purchase credit impaired loans, as a result of new information brought to our attention that existed as of the acquisition date. • 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 purchase accounting and adjusted the carrying value of our finance receivables (the “FA Loans”) to their fair value. At December 31, 2015, our purchased credit impaired finance receivables also included the SpringCastle Portfolio, which was purchased as part of the following transaction: • Joint venture acquisition of the SpringCastle Portfolio (the “SCP Loans”) - on April 1, 2013, we acquired a 47% equity interest in the SCP Loans, some of which were determined to be credit impaired on the date of purchase. On March 31, 2016, we sold the SpringCastle Portfolio in connection with the SpringCastle Interests Sale described in Note 2 . 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 June 30, 2016 and December 31, 2015 , finance receivables held for sale totaled $420 million and $793 million , respectively. See Note 6 for further information on our finance receivables held for sale, which 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) OM Loans SCP Loans FA Loans * Total June 30, 2016 Carrying amount, net of allowance $ 445 $ — $ 85 $ 530 Outstanding balance 600 — 129 729 Allowance for purchased credit impaired finance receivable losses 29 — 8 37 December 31, 2015 Carrying amount, net of allowance $ 658 $ 350 $ 89 $ 1,097 Outstanding balance 919 482 136 1,537 Allowance for purchased credit impaired finance receivable losses — — 12 12 * Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) FA Loans June 30, 2016 Carrying amount $ 68 Outstanding balance 103 December 31, 2015 Carrying amount $ 59 Outstanding balance 89 The allowance for purchased credit impaired finance receivable losses at June 30, 2016 and December 31, 2015 , 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) OM Loans SCP Loans FA Loans Total Three Months Ended June 30, 2016 Balance at beginning of period $ 104 $ — $ 74 $ 178 Accretion (a) (17 ) — (2 ) (19 ) Reclassifications to nonaccretable difference (b) — — (11 ) (11 ) Balance at end of period $ 87 $ — $ 61 $ 148 Three Months Ended June 30, 2015 Balance at beginning of period $ — $ 431 $ 54 $ 485 Accretion (a) — (20 ) (2 ) (22 ) Reclassifications from nonaccretable difference (b) — — 1 1 Balance at end of period $ — $ 411 $ 53 $ 464 Six Months Ended June 30, 2016 Balance at beginning of period $ 151 $ 375 $ 66 $ 592 Accretion (a) (41 ) (16 ) (4 ) (61 ) Other (c) (23 ) — — (23 ) Reclassifications to nonaccretable difference (b) — — (1 ) (1 ) Transfer due to finance receivables sold — (359 ) — (359 ) Balance at end of period $ 87 $ — $ 61 $ 148 Six Months Ended June 30, 2015 Balance at beginning of period $ — $ 452 $ 54 $ 506 Accretion (a) — (41 ) (4 ) (45 ) Reclassifications from nonaccretable difference (b) — — 3 3 Balance at end of period $ — $ 411 $ 53 $ 464 (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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Accretion $ 1 $ 2 $ 2 $ 3 (b) Reclassifications from (to) nonaccretable difference represents the increases (decreases) in accretion resulting from higher (lower) estimated undiscounted cash flows. (c) Other reflects a measurement period adjustment in the first quarter of 2016 based on a change in the expected cash flows in the purchase credit impaired portfolio related to the OneMain Acquisition. The measurement period adjustment created a change of $23 million to the beginning balance of the OM Loans accretable yield. 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 June 30, 2016 TDR gross finance receivables (b) $ 88 $ — $ 201 $ 289 TDR net finance receivables 88 — 202 290 Allowance for TDR finance receivable losses 36 — 12 48 December 31, 2015 TDR gross finance receivables (b) $ 46 $ 14 $ 200 $ 260 TDR net finance receivables 46 13 201 260 Allowance for TDR finance receivable losses 17 4 34 55 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total June 30, 2016 TDR gross finance receivables $ — $ 154 $ 154 TDR net finance receivables — 155 155 December 31, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94 (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 June 30, 2016 TDR average net receivables $ 83 $ — $ 202 $ 285 TDR finance charges recognized 2 — 3 5 Three Months Ended June 30, 2015 TDR average net receivables $ 28 $ 12 $ 198 $ 238 TDR finance charges recognized 1 — 3 4 Six Months Ended June 30, 2016 TDR average net receivables $ 73 $ — $ 202 $ 275 TDR finance charges recognized 3 — 6 9 Six Months Ended June 30, 2015 TDR average net receivables $ 27 $ 11 $ 196 $ 234 TDR finance charges recognized 2 — 6 8 * TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Real Estate Loans Total Three Months Ended June 30, 2016 TDR average net receivables $ 1 $ 112 $ 113 TDR finance charges recognized — 2 2 Three Months Ended June 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 1 1 Six Months Ended June 30, 2016 TDR average net receivables $ 2 $ 102 $ 104 TDR finance charges recognized — 3 3 Six Months Ended June 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 2 2 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 June 30, 2016 Pre-modification TDR net finance receivables $ 50 $ — $ 6 $ 56 Post-modification TDR net finance receivables: Rate reduction $ 47 $ — $ 5 $ 52 Other (b) 2 — 1 3 Total post-modification TDR net finance receivables $ 49 $ — $ 6 $ 55 Number of TDR accounts 6,709 — 116 6,825 Three Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ 7 $ 2 $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 2 $ 5 $ 10 Other (b) 3 — 2 5 Total post-modification TDR net finance receivables $ 6 $ 2 $ 7 $ 15 Number of TDR accounts 1,479 213 99 1,791 Six Months Ended June 30, 2016 Pre-modification TDR net finance receivables $ 100 $ 1 $ 10 $ 111 Post-modification TDR net finance receivables: Rate reduction $ 93 $ 1 $ 8 $ 102 Other (b) 5 — 2 7 Total post-modification TDR net finance receivables $ 98 $ 1 $ 10 $ 109 Number of TDR accounts 13,625 157 205 13,987 Six Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ 16 $ 4 $ 10 $ 30 Post-modification TDR net finance receivables: Rate reduction $ 8 $ 4 $ 9 $ 21 Other (b) 6 — 2 8 Total post-modification TDR net finance receivables $ 14 $ 4 $ 11 $ 29 Number of TDR accounts 3,343 408 177 3,928 (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 June 30, 2016 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 1 $ 1 Number of TDR accounts 46 32 78 Three Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ — $ 3 $ 3 Post-modification TDR net finance receivables $ — $ 3 $ 3 Number of TDR accounts — 35 35 Six Months Ended June 30, 2016 Pre-modification TDR net finance receivables * $ — $ 2 $ 2 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 174 51 225 Six Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ — $ 3 $ 3 Post-modification TDR net finance receivables $ — $ 3 $ 3 Number of TDR accounts — 44 44 * Pre- and post-modification TDR personal loans held for sale for the three and six months ended June 30, 2016 were less than $1 million and, therefore, are not quantified in the table above. (b) “Other” modifications primarily include 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 SpringCastle Portfolio Real Estate Total Three Months Ended June 30, 2016 TDR net finance receivables (b) $ 4 $ — $ 1 $ 5 Number of TDR accounts 640 — 19 659 Three Months Ended June 30, 2015 TDR net finance receivables (b) (c) $ 2 $ 1 $ — $ 3 Number of TDR accounts 457 86 8 551 Six Months Ended June 30, 2016 TDR net finance receivables (b) (d) $ 6 $ — $ 2 $ 8 Number of TDR accounts 1,040 19 39 1,098 Six Months Ended June 30, 2015 TDR net finance receivables (b) $ 2 $ 1 $ 1 $ 4 Number of TDR accounts 514 96 26 636 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended June 30, 2016 TDR net finance receivables * $ — Number of TDR accounts 12 Three Months Ended June 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 4 Six Months Ended June 30, 2016 TDR net finance receivables $ 1 Number of TDR accounts 21 Six Months Ended June 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 13 * TDR real estate loans held for sale for the three months ended June 30, 2016 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 real estate loans for the three months ended June 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. (d) TDR SpringCastle Portfolio loans for the six months ended June 30, 2016 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	6 Months Ended
	Jun. 30, 2016
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 June 30, 2016 Balance at beginning of period $ 587 $ — $ 49 $ — $ 636 Provision for finance receivable losses 212 — 2 — 214 Charge-offs (227 ) — (4 ) — (231 ) Recoveries 15 — 2 1 18 Other * — — (29 ) — (29 ) Balance at end of period $ 587 $ — $ 20 $ 1 $ 608 Three Months Ended June 30, 2015 Balance at beginning of period $ 134 $ 3 $ 45 $ 1 $ 183 Provision for finance receivable losses 55 18 — 1 74 Charge-offs (59 ) (21 ) (5 ) (1 ) (86 ) Recoveries 11 3 1 — 15 Balance at end of period $ 141 $ 3 $ 41 $ 1 $ 186 Six Months Ended June 30, 2016 Balance at beginning of period $ 541 $ 4 $ 46 $ 1 $ 592 Provision for finance receivable losses 391 14 6 — 411 Charge-offs (372 ) (17 ) (6 ) (1 ) (396 ) Recoveries 27 3 3 1 34 Other * — (4 ) (29 ) — (33 ) Balance at end of period $ 587 $ — $ 20 $ 1 $ 608 Six Months Ended June 30, 2015 Balance at beginning of period $ 132 $ 3 $ 46 $ 1 $ 182 Provision for finance receivable losses 112 37 4 1 154 Charge-offs (121 ) (43 ) (11 ) (2 ) (177 ) Recoveries 18 6 2 1 27 Balance at end of period $ 141 $ 3 $ 41 $ 1 $ 186 * Other consists of: • the elimination of allowance for finance receivable losses due to the transfer of real estate loans held for investment to finance receivable held for sale on June 30, 2016; and • the elimination of allowance for finance receivable losses due to the sale of the SpringCastle Portfolio on March 31, 2016, in connection with the sale of our equity interest in the SpringCastle Joint Venture. See Note 2 for further information on this sale. Included in the allowance for finance receivable losses are allowances associated with securitizations that totaled $439 million at June 30, 2016 and $431 million at December 31, 2015 . See Note 10 for further discussion regarding our securitization transactions. 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 June 30, 2016 Allowance for finance receivable losses: Collectively evaluated for impairment $ 522 $ — $ — $ 1 $ 523 Purchased credit impaired finance receivables 29 — 8 — 37 TDR finance receivables 36 — 12 — 48 Total $ 587 $ — $ 20 $ 1 $ 608 Finance receivables: Collectively evaluated for impairment $ 12,970 $ — $ 137 $ 16 $ 13,123 Purchased credit impaired finance receivables 474 — 25 — 499 TDR finance receivables 88 — 47 — 135 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 Allowance for finance receivable losses as a percentage of finance receivables 4.34 % — % 9.63 % 3.42 % 4.42 % December 31, 2015 Allowance for finance receivable losses: Collectively evaluated for impairment $ 524 $ — $ — $ 1 $ 525 Purchased credit impaired finance receivables — — 12 — 12 TDR finance receivables 17 4 34 — 55 Total $ 541 $ 4 $ 46 $ 1 $ 592 Finance receivables: Collectively evaluated for impairment $ 12,593 $ 1,340 $ 387 $ 23 $ 14,343 Purchased credit impaired finance receivables 658 350 42 — 1,050 TDR finance receivables 44 13 109 — 166 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 Allowance for finance receivable losses as a percentage of finance receivables 4.07 % 0.25 % 8.72 % 3.46 % 3.81 %

Finance Receivables Held for Sa

Finance Receivables Held for Sale	6 Months Ended
	Jun. 30, 2016
Receivables Held-for-sale [Abstract]
Finance Receivables Held for Sale	Finance Receivables Held for Sale We report finance receivables held for sale of $420 million at June 30, 2016 and $793 million at December 31, 2015 , which are carried at the lower of cost or fair value. At June 30, 2016 , finance receivables held for sale consisted entirely of real estate loans, compared to $ 617 million of personal loans and $ 176 million of real estate loans at December 31, 2015 . At June 30, 2016 , we marked our real estate loans held for sale to fair value and recorded impairments of $5 million in other revenues. See Note 17 for further information on the impairments of our real estate loans held for sale. At December 31, 2015 , 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 finance receivables held for sale. During March of 2016, we transferred $ 1.6 billion of loans of the SpringCastle Portfolio (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. We simultaneously sold our interests in these finance receivables held for sale on March 31, 2016 in the SpringCastle Interests Sale and recorded a net gain in other revenues at the time of sale of $ 167 million . On May 2, 2016, we sold personal loans held for sale with a carrying value of $602 million and recorded a net gain in other revenues at the time of sale of $22 million . On June 30, 2016, we transferred $257 million of real estate 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. We did not have any other material transfer activity to or from finance receivables held for sale during each of the three and six months ended June 30, 2016 and 2015 .

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2016
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 June 30, 2016 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 66 $ 1 $ — $ 67 Obligations of states, municipalities, and political subdivisions 135 3 — 138 Non-U.S. government and government sponsored entities 117 2 — 119 Corporate debt 963 23 (3 ) 983 Mortgage-backed, asset-backed, and collateralized: Residential mortgage-backed securities (“RMBS”) 85 1 (1 ) 85 Commercial mortgage-backed securities (“CMBS”) 114 2 — 116 Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) 69 — — 69 Total bonds 1,549 32 (4 ) 1,577 Preferred stock 15 — — 15 Common stock 19 2 — 21 Other long-term investments 2 — (1 ) 1 Total * $ 1,585 $ 34 $ (5 ) $ 1,614 December 31, 2015 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 112 $ — $ (1 ) $ 111 Obligations of states, municipalities, and political subdivisions 140 1 (1 ) 140 Non-U.S. government and government sponsored entities 126 1 (1 ) 126 Corporate debt 1,018 3 (22 ) 999 Mortgage-backed, asset-backed, and collateralized: RMBS 128 — — 128 CMBS 117 — (1 ) 116 CDO/ABS 71 — — 71 Total bonds 1,712 5 (26 ) 1,691 Preferred stock 14 — (1 ) 13 Common stock 23 — — 23 Other long-term investments 2 — — 2 Total * $ 1,751 $ 5 $ (27 ) $ 1,729 * 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 June 30, 2016 and December 31, 2015 , which is classified as a restricted investment and carried at cost. 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 June 30, 2016 Bonds: U.S. government and government sponsored entities $ 1 $ — $ — $ — $ 1 $ — Obligations of states, municipalities, and political subdivisions 7 — 3 — 10 — Non-U.S. government and government sponsored entities 10 — — — 10 — Corporate debt 98 (2 ) 22 (1 ) 120 (3 ) RMBS 25 (1 ) — — 25 (1 ) CMBS 19 — 9 — 28 — CDO/ABS 27 — — — 27 — Total bonds 187 (3 ) 34 (1 ) 221 (4 ) Preferred stock 4 — 6 — 10 — Common stock 4 — — — 4 — Other long-term investments — — 1 (1 ) 1 (1 ) Total $ 195 $ (3 ) $ 41 $ (2 ) $ 236 $ (5 ) December 31, 2015 Bonds: U.S. government and government sponsored entities $ 102 $ (1 ) $ — $ — $ 102 $ (1 ) Obligations of states, municipalities, and political subdivisions 69 (1 ) 2 — 71 (1 ) Non-U.S. government and government sponsored entities 19 (1 ) — — 19 (1 ) Corporate debt 786 (22 ) 7 — 793 (22 ) RMBS 107 — — — 107 — CMBS 104 (1 ) 5 — 109 (1 ) CDO/ABS 71 — — — 71 — Total bonds 1,258 (26 ) 14 — 1,272 (26 ) Preferred stock 2 — 6 (1 ) 8 (1 ) Common stock 16 — — — 16 — Other long-term investments 1 — — — 1 — Total $ 1,277 $ (26 ) $ 20 $ (1 ) $ 1,297 $ (27 ) * Unrealized losses on certain available-for-sale securities were less than $ 1 million and, therefore, are not quantified in the table above. We do not consider the above unrealized losses to be credit-related, as these unrealized losses primarily relate to changes in interest rates and market spreads subsequent to purchase. Additionally, at June 30, 2016 , we had no plans to sell any investment securities with unrealized losses, and we believe it is more likely than not that we would not be required to sell such investment securities before recovery of their amortized cost. We continue to monitor unrealized loss positions for potential impairments. During the three and six months ended June 30, 2016 , we recognized less than $1 million of other-than-temporary impairment credit losses on corporate debt in investment revenues. During the three and six months ended June 30, 2015 , we did not recognize any other-than-temporary impairment credit losses on available-for-sale securities in investment revenues. Changes in the cumulative amount of credit losses (recognized in earnings) on other-than-temporarily impaired available-for-sale securities were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Balance at beginning of period $ 2 $ 1 $ 2 $ 1 Reductions: Realized due to dispositions with no prior intention to sell 2 — 2 — Balance at end of period $ — $ 1 $ — $ 1 The proceeds 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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Proceeds from sales and redemptions $ 174 $ 130 $ 287 $ 206 Realized gains $ 5 $ 4 $ 7 $ 11 Realized losses (1 ) — (1 ) (1 ) Net realized gains $ 4 $ 4 $ 6 $ 10 Contractual maturities of fixed-maturity available-for-sale securities at June 30, 2016 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 $ 128 $ 128 Due after 1 year through 5 years 590 583 Due after 5 years through 10 years 406 391 Due after 10 years 183 179 Mortgage-backed, asset-backed, and collateralized securities 270 268 Total $ 1,577 $ 1,549 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 for general corporate and working capital purposes and to achieve certain investment strategies. The fair value of bonds on deposit with insurance regulatory authorities totaled $160 million and $152 million at June 30, 2016 and December 31, 2015 , respectively. TRADING AND OTHER SECURITIES The fair value of trading and other securities by type was as follows: (dollars in millions) June 30, December 31, Fixed maturity trading and other securities: Bonds: Non-U.S. government and government sponsored entities $ 3 $ 3 Corporate debt 117 124 Mortgage-backed, asset-backed, and collateralized: RMBS 1 2 CMBS 2 2 Total bonds 123 131 Preferred stock 6 6 Total * $ 129 $ 137 * The fair value of other securities totaled $129 million at June 30, 2016 and $128 million at December 31, 2015 . The net unrealized and realized gains (losses) on our trading and other securities, which we report in investment revenues, were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Net unrealized gains on trading and other securities held at period end $ 5 $ 1 $ 8 $ 4 Net realized losses on trading and other securities sold or redeemed — (1 ) — (1 ) Total $ 5 $ — $ 8 $ 3

Transactions with Affiliates of

Transactions with Affiliates of Fortress	6 Months Ended
	Jun. 30, 2016
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Transactions with Affiliates of Fortress	Transactions with Affiliates of Fortress SUBSERVICING AGREEMENT Nationstar Mortgage LLC (“Nationstar”) subservices the real estate loans of certain of our 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 June 30, 2016 and 2015 and $1 million for the six months ended June 30, 2016 and 2015 . INVESTMENT MANAGEMENT AGREEMENT Logan Circle Partners, L.P. (“Logan Circle”) provides investment management services for Springleaf investments. Logan Circle is a wholly owned subsidiary of Fortress. Costs and fees incurred for these investment management services were less than $1 million for the three months ended June 30, 2016 and 2015 and for the six months ended June 30, 2016 . Costs and fees incurred for these investment management services totaled $1 million for the six months ended June 30, 2015 . SALE OF EQUITY INTEREST IN SPRINGCASTLE JOINT VENTURE On March 31, 2016, we sold our 47% equity interest in the SpringCastle Joint Venture, which owns the SpringCastle Portfolio, to certain subsidiaries of NRZ and Blackstone. See Note 2 for further information on this sale. NRZ is managed by an affiliate of Fortress. Unless terminated, SFI will continue to act as the servicer of the SpringCastle Portfolio for the SpringCastle Funding Trust. Servicing fees revenue totaled $11 million for the three months ended June 30, 2016 . At June 30, 2016 , the servicing fees receivable from the SpringCastle Funding Trust totaled $4 million .

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt Principal maturities of long-term debt (excluding projected repayments on securitizations and revolving conduit facilities by period) by type of debt at June 30, 2016 were as follows: Senior Debt (dollars in millions) Securitizations Revolving Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.41% - 6.94% 1.90% - 2.29% 5.25% - 8.25% 6.00 % Third quarter 2016 $ — $ — $ 375 $ — $ 375 Fourth quarter 2016 — — — — — First quarter 2017 — — — — — Second quarter 2017 — — — — — Remainder of 2017 — — 1,289 — 1,289 2018 — — — — — 2019 — — 1,400 — 1,400 2020 — — 1,300 — 1,300 2021-2067 — — 1,750 350 2,100 Securitizations (b) 7,990 — — — 7,990 Revolving conduit facilities (b) — 325 — — 325 Total principal maturities $ 7,990 $ 325 $ 6,114 $ 350 $ 14,779 Total carrying amount (c) $ 7,976 $ 325 $ 5,889 $ 172 $ 14,362 Debt issuance costs (d) $ (16 ) $ — $ (16 ) $ — $ (32 ) (a) The interest rates shown are the range of contractual rates in effect at June 30, 2016 . (b) Securitizations and borrowings under revolving conduit facilities 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 and revolving conduit facilities. (c) The carrying amount of our long-term debt associated with certain securitizations that were (i) issued at a premium or discount, (ii) revalued at a premium or discount based on its fair value at the time of the OneMain Acquisition or the Fortress Acquisition or (iii) 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) Debt issuance costs are reported as a direct deduction from long-term debt, with the exception of debt issuance costs associated with our revolving conduit facilities, which totaled $20 million at June 30, 2016 and are reported in other assets and are excluded from the table above. GUARANTY AGREEMENTS 8.25% SFC Notes On April 11, 2016, OMH entered into a Second Supplemental Indenture, pursuant to which it agreed to fully and unconditionally guarantee, on a senior unsecured basis, the payments of principal, premium (if any) and interest on $1.0 billion of the 8.25% SFC Notes. As of June 30, 2016 , $1.0 billion aggregate principal amount of the 8.25% SFC Notes were outstanding. See Note 2 for further discussion of this offering. 5.25% SFC Notes On December 3, 2014, OMH entered into an Indenture and First Supplemental Indenture pursuant to which it agreed to fully and unconditionally guarantee, on a senior unsecured basis, the payments of principal, premium (if any) and interest on $700 million of 5.25% Senior Notes due 2019 issued by SFC (the “5.25% SFC Notes”). As of June 30, 2016 , $700 million aggregate principal amount of the 5.25% SFC Notes were outstanding. Other SFC Notes On December 30, 2013, OMH 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 unsecured basis, and $350 million aggregate principal amount of a junior subordinated debenture, on a junior subordinated basis, issued by SFC (collectively, the “Other SFC Notes”). The Other SFC Notes consisted 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, OMH 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 June 30, 2016 , approximately $3.3 billion aggregate principal amount of the Other SFC Notes was outstanding. The OMH guarantees of SFC’s long-term debt discussed above are subject to customary release provisions. OMFH Notes On December 11, 2014, OMFH and certain of its subsidiaries entered into an indenture (the “OMFH Indenture”), among OMFH, the guarantors listed therein and The Bank of New York Mellon, as trustee, in connection with OMFH’s issuance of $700 million aggregate principal amount of 6.75% Senior Notes due 2019 and $800 million in aggregate principal amount of 7.25% Senior Notes due 2021 (collectively, the “OMFH Notes”). The OMFH Notes are OMFH’s unsecured senior obligations, guaranteed on a senior unsecured basis by each of its wholly owned domestic subsidiaries, other than certain subsidiaries, including its insurance subsidiaries and securitization subsidiaries. As of June 30, 2016 , $1.5 billion aggregate principal amount of the OMFH Notes were outstanding.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2016
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. CONSOLIDATED VIES We evaluated the securitization trusts and determined that these entities are VIEs of which SFC or OMFH is the primary beneficiary, and therefore, we consolidated such entities. SFC or OMFH is deemed to be the primary beneficiary of each of these VIEs because SFC or OMFH has 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 each VIE. Such ability arises from SFC’s or OMFH’s and their 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. We parenthetically disclose on our consolidated balance sheets the VIE’s assets that can only be used to settle the VIE’s obligations and liabilities if its creditors have no recourse against the primary beneficiary’s general credit. The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts were as follows: (dollars in millions) June 30, December 31, Assets Cash and cash equivalents $ 3 $ 11 Finance receivables: Personal loans 10,124 11,448 SpringCastle Portfolio — 1,703 Allowance for finance receivable losses 439 431 Finance receivables held for sale — 435 Restricted cash and cash equivalents 541 663 Other assets 55 48 Liabilities Long-term debt $ 8,300 $ 11,654 Other liabilities 14 17 SECURITIZATION TRANSACTIONS SFC Consumer Loan Securitization Call of 2013-B Notes. On February 16, 2016, Sixteenth Street Funding LLC (“Sixteenth Street”), a wholly owned subsidiary of SFC, exercised its right to redeem the asset backed notes issued by the Springleaf Funding Trust 2013-B on June 19, 2013 (the “2013-B Notes”). To redeem the 2013-B Notes, Sixteenth Street paid a redemption price of $371 million , which included $1 million of accrued interest and excluded $30 million for the Class C and Class D Notes owned by Sixteenth Street on February 16, 2016, the date of the optional redemption. The outstanding principal balance of the 2013-B Notes was $400 million on the date of the optional redemption. OMFH Consumer Loan Securitizations OMFIT 2016-1 Securitization. On February 10, 2016, OMFH completed a private securitization transaction in which OneMain Financial Issuance Trust 2016-1 (“OMFIT 2016-1”), a wholly owned special purpose vehicle of OMFH, issued $500 million of notes backed by personal loans. $414 million of the notes issued by OMFIT 2016-1, represented by Classes A and B, were sold to unaffiliated third parties at a weighted average interest rate of 3.79% , and $86 million of the notes issued by OMFIT 2016-1, represented by Classes C and D, were retained by OMFH. The notes mature in February 20, 2029 and have a 34 -month revolving period during which no principal payments are required to be made on the notes. These notes are collateralized by a pool of secured and unsecured fixed rate personal loans with an aggregate UPB of $570 million as of February 10, 2016. The indenture governing the notes contains customary early amortization events and events of default, which, if triggered, may result in the acceleration of the obligation to pay principal and interest on the notes. On May 17, 2016, $45 million of the notes issued by OMFIT 2016-1, represented by Class C, were sold to unaffiliated third parties at an interest rate of 6.00% . OMFIT 2016-2 Securitization. On March 23, 2016, OMFH completed a private securitization transaction in which OneMain Financial Issuance Trust 2016-2 (“OMFIT 2016-2”), a wholly owned special purpose vehicle of OMFH, issued $890 million of notes backed by personal loans. $733 million of the notes issued by OMFIT 2016-2, represented by Classes A and B, were sold to unaffiliated third parties at a weighted average interest rate of 4.37% , and $157 million of the notes issued by OMFIT 2016-2, represented by Classes C and D, were retained by OMFH. The notes mature in March 20, 2028 and have a 23 -month revolving period during which no principal payments are required to be made on the notes. These notes are collateralized by a pool of secured and unsecured fixed rate personal loans with an aggregate UPB of $1.0 billion as of March 23, 2016. The indenture governing the notes contains customary early amortization events and events of default, which, if triggered, may result in the acceleration of the obligation to pay principal and interest on the notes. OMFIT 2016-3 Securitization. On June 7, 2016, OMFH completed a private securitization transaction in which OneMain Financial Issuance Trust 2016-3 (“OMFIT 2016-3”), a wholly owned special purpose vehicle of OMFH, issued $350 million of notes backed by personal loans. $317 million of the notes issued by OMFIT 2016-3, represented by Classes A, B and C, were sold to unaffiliated third parties at a weighted average interest rate of 4.33% , and $33 million of the notes issued by OMFIT 2016-3, represented by Class D, were retained by OMFH. The notes mature in June 18, 2031 and have a 59 -month revolving period during which no principal payments are required to be made on the notes. These notes are collateralized by a pool of secured and unsecured fixed rate personal loans with an aggregate UPB of $397 million as of June 7, 2016. The indenture governing the notes contains customary early amortization events and events of default, which, if triggered, may result in the acceleration of the obligation to pay principal and interest on the notes. REVOLVING CONDUIT FACILITIES Conduit Facilities As of June 30, 2016 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Note Maximum Amount Revolving Springleaf First Avenue Funding LLC (a) $ 250 $ — June 2018 Midbrook 2013-VFN1 Trust (b) 300 — February 2018 Mill River 2015-VFN1 Trust (c) 100 — May 2018 Second Avenue Funding LLC 250 — June 2018 Springleaf 2013-VFN1 Trust (d) 850 50 January 2018 Sumner Brook 2013-VFN1 Trust 350 275 January 2018 Whitford Brook 2014-VFN1 Trust (e) 250 — June 2018 OneMain OneMain Financial B3 Warehouse Trust 350 — January 2019 OneMain Financial B4 Warehouse Trust 750 — February 2019 OneMain Financial B5 Warehouse Trust (f) 550 — February 2019 OneMain Financial B6 Warehouse Trust (g) 750 — February 2019 Total $ 4,750 $ 325 (a) First Avenue Funding LLC. On June 30, 2016, we amended the note purchase agreement with the First Avenue Funding LLC (“First Avenue”) to extend the revolving period ending in March 2018 to June 2018. Following the revolving period, the principal amount of the notes, if any, will be reduced as cash payments are received on the underlying auto secured personal loans and will be due and payable in full 12 months following the maturity of the last auto secured personal loan held by First Avenue. (b) Midbrook 2013-VFN1 Trust. On February 24, 2016, we amended the note purchase agreement with the Midbrook Funding Trust 2013-VFN1 to (i) extend the revolving period ending in June 2016 to February 2018 and (ii) decrease the maximum principal balance from $300 million to $250 million on February 24, 2017. 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 the 36 th month following the end of the revolving period. (c) Mill River 2015-VFN1 Trust. On January 21, 2016, we amended the note purchase agreement with the Mill River 2015-VFN1 Trust to decrease the maximum principal balance from $400 million to $100 million . (d) Springleaf 2013-VFN1 Trust. On January 21, 2016, we amended the note purchase agreement with the Springleaf 2013-VFN1 Trust to (i) increase the maximum principal balance from $350 million to $850 million and (ii) extend the revolving period ending in April 2017 to January 2018, which may be extended to January 2019, subject to satisfaction of customary conditions precedent. 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 the 36 th month following the end of the revolving period. (e) Whitford Brook 2014-VFN1 Trust. On February 24, 2016, we amended the note purchase agreement with the Whitford Brook Funding Trust 2014-VFN1 (the “Whitford Brook 2014-VFN1 Trust”) to extend the revolving period ending in June 2017 to June 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 the 12 th month following the end of the revolving period. (f) OneMain Financial B5 Warehouse Trust. On March 21, 2016, we refinanced the OneMain Financial B1 Warehouse Trust into OneMain Financial B5 Warehouse Trust with the same unaffiliated financial institutions that provided committed financing on a revolving basis for personal loans originated by OMFH’s subsidiaries. The maximum principal balance under the new facility is $550 million . The aggregate maximum capacity for this facility is subject to a scheduled reduction of $100 million on January 21, 2017 and a further reduction of $100 million on January 21, 2018. (g) OneMain Financial B6 Warehouse Trust. On March 21, 2016, we refinanced the OneMain Financial B2 Warehouse Trust into OneMain Financial B6 Warehouse Trust with the same unaffiliated financial institutions that provided committed financing on a revolving basis for personal loans originated by OMFH’s subsidiaries. The maximum principal balance under the new facility is $750 million . 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 six months ended June 30, 2016 totaled $80 million and $180 million , respectively, compared to $49 million and $87 million for the three and six months ended June 30, 2015 , respectively. DECONSOLIDATED VIES As a result of the SpringCastle Interests Sale on March 31, 2016, we deconsolidated the securitization trust holding the underlying loans of the SpringCastle Portfolio and previously issued securitized interests, which were reported in long-term debt. As a result of the sales of the mortgage-backed retained certificates during 2014, we (i) deconsolidated the securitization trusts holding the underlying real estate loans and previously issued securitized interests which were reported in long-term debt and (ii) established a reserve for sales recourse obligations of $7 million related to these sales. At June 30, 2016 , this reserve totaled $7 million . We had no repurchase activity associated with these sales as of June 30, 2016 . 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 (Loss) Per Share

Earnings (Loss) Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings (Loss) 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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Numerator (basic and diluted): Net income (loss) attributable to OneMain Holdings, Inc. $ 26 $ (12 ) $ 163 $ (10 ) Denominator: Weighted average number of shares outstanding (basic) 134,728,465 127,411,208 134,711,612 121,253,548 Effect of dilutive securities * 224,527 — 218,758 — Weighted average number of shares outstanding (diluted) 134,952,992 127,411,208 134,930,370 121,253,548 Earnings (loss) per share: Basic $ 0.19 $ (0.09 ) $ 1.21 $ (0.08 ) Diluted $ 0.19 $ (0.09 ) $ 1.21 $ (0.08 ) * We have excluded the following shares in the diluted earnings (loss) per share calculation for the three and six months ended June 30, 2016 and 2015 because these shares would be anti-dilutive, which could impact the earnings (loss) per share calculation in the future: • 576,222 and 593,331 performance-based shares and 997,592 and 490,464 service-based shares for the three months ended June 30, 2016 and 2015 , respectively; and • 577,827 and 593,331 performance-based shares and 1,004,726 and 447,825 service-based shares for the six months ended June 30, 2016 and 2015 , respectively. 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 and restricted stock awards.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Changes, net of tax, in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains (Losses) Available-for-Sale Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended June 30, 2016 Balance at beginning of period $ 2 $ (19 ) $ 4 $ (13 ) Other comprehensive income before reclassifications 21 — — 21 Reclassification adjustments from accumulated other comprehensive income (loss) (3 ) — — (3 ) Balance at end of period $ 20 $ (19 ) $ 4 $ 5 Three Months Ended June 30, 2015 Balance at beginning of period $ 11 $ (13 ) $ 5 $ 3 Other comprehensive loss before reclassifications (6 ) — (1 ) (7 ) Reclassification adjustments from accumulated other comprehensive income (loss) (3 ) — — (3 ) Balance at end of period $ 2 $ (13 ) $ 4 $ (7 ) Six Months Ended June 30, 2016 Balance at beginning of period $ (14 ) $ (19 ) $ — $ (33 ) Other comprehensive income before reclassifications 38 — 4 42 Reclassification adjustments from accumulated other comprehensive income (loss) (4 ) — — (4 ) Balance at end of period $ 20 $ (19 ) $ 4 $ 5 Six Months Ended June 30, 2015 Balance at beginning of period $ 12 $ (13 ) $ 4 $ 3 Other comprehensive loss before reclassifications (3 ) — — (3 ) Reclassification adjustments from accumulated other comprehensive income (loss) (7 ) — — (7 ) Balance at end of period $ 2 $ (13 ) $ 4 $ (7 ) 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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Unrealized gains on investment securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 4 $ 4 $ 6 $ 10 Income tax effect (1 ) (1 ) (2 ) (3 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ 3 $ 3 $ 4 $ 7

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes At June 30, 2016 , we had a net deferred tax asset of $51 million , compared to $95 million at December 31, 2015 . The decrease in net deferred tax asset of $44 million was primarily due to the impact of the SpringCastle Interests Sale, partially offset by the increase in allowance for finance receivable losses, changes in the fair value of our finance receivables and purchase accounting for debt writedown. The effective tax rate for the six months ended June 30, 2016 was 34.9% compared to 0.1% for the same period in 2015 . The effective tax rates for the six months ended June 30, 2016 and 2015 differed from the federal statutory rates primarily due to the effects of the non-controlling interests in the previously owned SpringCastle Portfolio. We are currently under examination of our U.S. federal tax return for the years 2011 to 2013 by the Internal Revenue Service. Management believes it has adequately provided for taxes for such years. The Company’s unrecognized tax positions, including interest and penalties, totaled $16 million at June 30, 2016 and $15 million at December 31, 2015 , $10 million of which would affect the effective tax rate if recognized. The amount of any change in the balance of uncertain tax positions over the next 12 months is not expected to be material to our consolidated financial statements.

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies LEGAL CONTINGENCIES In the normal course of business, Springleaf and OneMain have been named, from time to time, as defendants 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 At June 30, 2016 , our reserve for sales recourse obligations totaled $15 million , which primarily related to the real estate loan sales in 2014. During the three and six months ended June 30, 2016 , we had no repurchase activity related to our real estate loan sales in 2014. For the three and six months ended June 30, 2015 , we repurchased 13 loans, totaling $1 million , associated with the real estate loan sales in 2014. At June 30, 2016 , there were no material recourse requests with loss exposure that management believes will not be covered by the reserve. However, we will continue to monitor any repurchase activity in the future and will adjust the reserve accordingly. The activity in our reserve for sales recourse obligations primarily associated with the real estate loan sales during 2014 was as follows: Three Months Ended June 30, Six Months Ended June 30, (dollars in millions) 2016 2015 2016 2015 Balance at beginning of period $ 15 $ 24 $ 15 $ 24 Recourse losses — (5 ) — (5 ) Provision for recourse obligations, net of recoveries * — (1 ) — (1 ) Balance at end of period $ 15 $ 18 $ 15 $ 18 * 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.

Benefit Plans

Benefit Plans	6 Months Ended
	Jun. 30, 2016
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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Components of net periodic benefit cost - pension plans: Interest cost $ 4 $ 4 $ 8 $ 8 Expected return on assets (4 ) (4 ) (8 ) (9 ) Net periodic benefit cost $ — $ — $ — $ (1 ) We do not currently fund post retirement benefits.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information Our segments coincide with how our businesses are managed. At June 30, 2016 , our three segments include: • 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, disability insurance, and involuntary unemployment insurance), non-credit insurance, and ancillary products, such as warranty protection. As a result of the OneMain Acquisition, our combined branch operations primarily conduct business in 44 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 was acquired through a joint venture in which we owned a 47% equity interest. On March 31, 2016, the SpringCastle Portfolio was sold in connection with the sale of our equity interest in the SpringCastle Joint Venture. These loans consist of unsecured loans and loans secured by subordinate residential real estate mortgages and include 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. Unless terminated, we will continue to provide the servicing for these loans, which we service as unsecured loans because the liens are subordinated to superior ranking security interests. • 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. Prior to the OneMain Acquisition, this segment also included proceeds from the sale of our real estate loans in 2014. We used these proceeds to acquire OneMain. The remaining components (which we refer to as “Other”) consist of our other non-originating legacy operations, which are isolated by geographic market and/or distribution channel from our three segments. These operations include: (i) Springleaf legacy operations in 14 states where we had also ceased branch-based personal lending; (ii) Springleaf liquidating retail sales finance portfolio (including retail sales finance accounts from its legacy auto finance operation); (iii) Springleaf lending operations in Puerto Rico and the U.S. Virgin Islands; and (iv) the operations of Springleaf United Kingdom subsidiary. On November 15, 2015, we completed our acquisition of OneMain, and their results are included in our consolidated results for the three and six months ended June 30, 2016. We include OneMain’s operations within the Consumer and Insurance segment. The accounting policies of the segments are the same as those disclosed in Note 3 of our 2015 Annual Report on Form 10-K, except as described below. Due to the nature of the Fortress and OneMain acquisitions, we applied purchase accounting. However, we report the operating results of Consumer and Insurance, Acquisitions and Servicing, Real Estate, and Other using a “Segment Accounting Basis,” which (i) reflects our allocation methodologies for certain costs, primarily interest expense, loan loss reserves and acquisition costs to reflect the manner in which we assess our business results and (ii) excludes the impact of applying purchase accounting. These allocations and adjustments currently have a material effect on our reported segment basis income as compared to GAAP. We believe a Segment Accounting Basis (a basis other than GAAP) provides investors a consistent basis for which management evaluates segment performance. We allocate revenues and expenses (on a Segment Accounting Basis) to each segment using the following methodologies: Interest income Directly correlated with a specific segment. Interest expense Acquisition and Servicing - This segment includes interest expense specifically identified to the SpringCastle Portfolio. Consumer and Insurance, Real Estate and Other - The Company has securitization debt and unsecured debt. The Company first allocates interest expense to its segments based on actual expense for securitizations and secured term debt and using a weighted average for unsecured debt allocated to the segments. Average unsecured debt allocations for the periods presented are as follows: Subsequent to the OneMain Acquisition Total average unsecured debt is allocated as follows: l Consumer and Insurance - receives remainder of unallocated average debt; and l Real Estate and Other - at 100% of asset base. (Asset base represents the average net finance receivables including finance receivables held for sale.) The net effect of the change in debt allocation and asset base methodologies for the three months ended June 30, 2015 had it been in place as of the beginning of the year would be an increase in interest expense of $66 million for Consumer and Insurance and a decrease in interest expense of $45 million and $21 million for Real Estate and Other, respectively. The net effect of the change in debt allocation and asset base methodologies for the six months ended June 30, 2015 had it been in place as of the beginning of the year would be an increase in interest expense of $120 million for Consumer and Insurance and a decrease in interest expense of $90 million and $30 million for Real Estate and Other, respectively. For the period third quarter 2014 to the OneMain Acquisition Total average unsecured debt was allocated to Consumer and Insurance, Real Estate and Other, such that the total debt allocated across each segment equaled 83%, up to 100% and 100% of each of its respective asset base. Any excess was allocated to Consumer and Insurance. Average unsecured debt was allocated after average securitized debt to achieve the calculated average segment debt. Asset base represented the following: l Consumer and Insurance - average net finance receivables including average net finance receivables held for sale; l Real Estate - average net finance receivables including average net finance receivables held for sale, cash and cash equivalents, investments including proceeds from Real Estate sales; and l Other - average net finance receivables other than the periods listed below: l May 2015 to the OneMain Acquisition - average net finance receivables and cash and cash equivalents less proceeds from equity issuance in 2015, operating cash reserve and cash included in other segments. l February 2015 to April 2015 - average net finance receivables and cash and cash equivalents less operating cash reserve and cash included in other segments. Provision for finance receivable losses Directly correlated with a specific segment, except for allocations to Other, which are based on the remaining delinquent accounts as a percentage of total delinquent accounts. Other revenues Directly correlated with a specific segment, except for: (i) net gain (loss) on repurchases and repayments of debt, which is allocated to the segments based on the interest expense allocation of debt and (ii) gains and losses on foreign currency exchange, which are allocated to the segments based on the interest expense allocation of debt. Salaries and benefits Directly correlated with a specific segment. Other salaries and benefits not directly correlated with a specific segment are allocated to each of the segments based on services provided. Acquisition-related transaction and integration expenses Consists of: (i) acquisition-related transaction and integration costs related to the OneMain Acquisition, including legal and other professional fees, which we primarily report in Other, as these are costs related to acquiring the business as opposed to operating the business; (ii) software termination costs, which are allocated to Consumer and Insurance; and (iii) incentive compensation incurred above and beyond expected cost from acquiring and retaining talent in relation to the OneMain Acquisition, which are allocated to each of the segments based on services provided. Other operating expenses Directly correlated with a specific segment. Other operating expenses not directly correlated with a specific segment are allocated to each of the segments based on services provided. Insurance policy benefits and claims Directly correlated with a specific segment. The “Segment to GAAP Adjustment” column in the following tables primarily consists of: • Interest income - the net purchase accounting impact of the amortization (accretion) of the net premium (discount) assigned to finance receivables and the impact of identifying purchased credit impaired finance receivables as compared to the historical values of finance receivables; • Interest expense - the accretion of the net discount applied to our long-term debt as part of purchase accounting; • Provision for finance receivable losses - the adjustment to reflect the difference between our allowance adjustment calculated under a Segment Accounting Basis and purchase accounting basis; • Other revenues - the impact of carrying value differences between a Segment Accounting Basis and purchase accounting basis when measuring mark to market for loans held for sale and realized gains/losses associated with our investment portfolio; and • Other expenses - the net impact of amortization associated with identified intangibles as part of purchase accounting and deferred costs impacted by purchase accounting. 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 Acquisitions Real Other Eliminations Segment to Consolidated Three Months Ended Interest income $ 831 $ — $ 15 $ 1 $ — $ (106 ) $ 741 Interest expense 185 — 14 1 — 14 214 Provision for finance receivable losses 213 — 2 — — (1 ) 214 Net interest income (loss) after provision for finance receivable losses 433 — (1 ) — — (119 ) 313 Other revenues 175 13 (7 ) — — (16 ) 165 Acquisition-related transaction and integration expenses 17 1 — 6 — (3 ) 21 Other expenses 385 11 6 3 — 10 415 Income (loss) before provision for (benefit from) income taxes $ 206 $ 1 $ (14 ) $ (9 ) $ — $ (142 ) $ 42 Three Months Ended Interest income $ 269 $ 118 $ 17 $ 3 $ — $ 3 $ 410 Interest expense 36 22 59 22 — 32 171 Provision for finance receivable losses 54 18 (5 ) 1 — 6 74 Net interest income (loss) after provision for finance receivable losses 179 78 (37 ) (20 ) — (35 ) 165 Other revenues 56 13 3 — (13 ) (4 ) 55 Acquisition-related transaction and integration expenses — — — 12 — — 12 Other expenses 159 26 9 13 (13 ) 1 195 Income (loss) before provision for (benefit from) income taxes 76 65 (43 ) (45 ) — (40 ) 13 Income before provision for income taxes attributable to non-controlling interests — 33 — — — — 33 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 76 $ 32 $ (43 ) $ (45 ) $ — $ (40 ) $ (20 ) (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Segment to GAAP Adjustment Consolidated Total At or for the Six Months Ended Interest income $ 1,680 $ 102 $ 30 $ 2 $ — $ (242 ) $ 1,572 Interest expense 360 20 27 1 — 32 440 Provision for finance receivable losses 445 14 4 — — (52 ) 411 Net interest income (loss) after provision for finance receivable losses 875 68 (1 ) 1 — (222 ) 721 Net gain on sale of SpringCastle interests — 167 — — — — 167 Other revenues 316 24 (18 ) — (11 ) (10 ) 301 Acquisition-related transaction and integration expenses 45 1 — 15 — (7 ) 54 Other expenses 773 37 13 (1 ) (11 ) 30 841 Income (loss) before provision for (benefit from) income taxes 373 221 (32 ) (13 ) — (255 ) 294 Income before provision for income taxes attributable to non-controlling interests — 28 — — — — 28 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 373 $ 193 $ (32 ) $ (13 ) $ — $ (255 ) $ 266 Assets $ 11,153 $ 5 $ 634 $ 303 $ 4,315 $ 2,134 $ 18,544 At or for the Six Months Ended Interest income $ 525 $ 242 $ 35 $ 5 $ — $ 6 $ 813 Interest expense 76 45 119 32 (5 ) 62 329 Provision for finance receivable losses 110 38 (3 ) 1 — 8 154 Net interest income (loss) after provision for finance receivable losses 339 159 (81 ) (28 ) 5 (64 ) 330 Other revenues 107 32 6 — (32 ) (6 ) 107 Acquisition-related transaction and integration expenses — — — 15 — — 15 Other expenses 305 55 16 15 (27 ) 2 366 Income (loss) before provision for (benefit from) income taxes 141 136 (91 ) (58 ) — (72 ) 56 Income before provision for income taxes attributable to non-controlling interests — 66 — — — — 66 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 141 $ 70 $ (91 ) $ (58 ) $ — $ (72 ) $ (10 ) Assets * $ 5,071 $ 1,974 $ 3,541 $ 2,538 $ — $ 79 $ 13,203 * In connection with our policy integration with OneMain, we report unearned insurance premium and claim reserves related to finance receivables (previously reported in insurance claims and policyholder liabilities) as a contra-asset to net finance receivables, which totaled $230 million at June 30, 2015 .

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
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 June 30, 2016 Assets Cash and cash equivalents $ 685 $ 57 $ — $ 742 $ 742 Investment securities 35 1,702 7 1,744 1,744 Net finance receivables, less allowance for finance receivable losses — — 13,495 13,495 13,149 Finance receivables held for sale — — 426 426 420 Restricted cash and cash equivalents 550 — — 550 550 Other assets: Commercial mortgage loans — — 50 50 50 Escrow advance receivable — — 10 10 10 Receivables related to sales of real estate loans and related trust assets — 1 — 1 5 Liabilities Long-term debt $ — $ 14,515 $ — $ 14,515 $ 14,362 December 31, 2015 Assets Cash and cash equivalents $ 939 $ — $ — $ 939 $ 939 Investment securities 36 1,829 2 1,867 1,867 Net finance receivables, less allowance for finance receivable losses — — 15,943 15,943 14,967 Finance receivables held for sale — — 819 819 793 Restricted cash and cash equivalents 676 — — 676 676 Other assets: Commercial mortgage loans — — 62 62 62 Escrow advance receivable — — 11 11 11 Receivables related to sales of real estate loans and related trust assets — 1 — 1 5 Liabilities Long-term debt $ — $ 17,616 $ — $ 17,616 $ 17,300 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 June 30, 2016 Assets Cash equivalents in mutual funds $ 200 $ — $ — $ 200 Cash equivalents securities — 57 — 57 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 67 — 67 Obligations of states, municipalities, and political subdivisions — 138 — 138 Non-U.S. government and government sponsored entities — 119 — 119 Corporate debt — 982 1 983 RMBS — 85 — 85 CMBS — 116 — 116 CDO/ABS — 69 — 69 Total bonds — 1,576 1 1,577 Preferred stock 8 7 — 15 Common stock 21 — — 21 Other long-term investments — — 1 1 Total available-for-sale securities * 29 1,583 2 1,614 Other securities: Bonds: Non-U.S. government and government sponsored entities — 3 — 3 Corporate debt — 113 4 117 RMBS — 1 — 1 CMBS — 2 — 2 Total bonds — 119 4 123 Preferred stock 6 — — 6 Total other securities 6 119 4 129 Total investment securities 35 1,702 6 1,743 Restricted cash in mutual funds 154 — — 154 Total $ 389 $ 1,759 $ 6 $ 2,154 * 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 June 30, 2016 , which is carried at cost. Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 December 31, 2015 Assets Cash equivalents in mutual funds $ 240 $ — $ — $ 240 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 111 — 111 Obligations of states, municipalities, and political subdivisions — 140 — 140 Non-U.S. government and government sponsored entities — 126 — 126 Corporate debt — 999 — 999 RMBS — 128 — 128 CMBS — 116 — 116 CDO/ABS — 71 — 71 Total bonds — 1,691 — 1,691 Preferred stock 6 7 — 13 Common stock 23 — — 23 Other long-term investments — — 2 2 Total available-for-sale securities (a) 29 1,698 2 1,729 Trading and other securities: Bonds: Non-U.S. government and government sponsored entities — 3 — 3 Corporate debt — 124 — 124 RMBS — 2 — 2 CMBS — 2 — 2 Total bonds — 131 — 131 Preferred stock 6 — — 6 Total trading and other securities (b) 6 131 — 137 Total investment securities 35 1,829 2 1,866 Restricted cash in mutual funds 277 — — 277 Total $ 552 $ 1,829 $ 2 $ 2,383 (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 December 31, 2015 , which is carried at cost. (b) The fair value of other securities totaled $128 million at December 31, 2015 . We had no transfers between Level 1 and Level 2 during the three and six months ended June 30, 2016 . The following table presents changes in Level 3 assets measured at fair value on a recurring basis: Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into (b) Transfers (c) Balance Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Three Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ — $ — $ — $ — $ 1 $ — $ 1 Other long-term investments 2 — (1 ) — — — 1 Total available-for-sale securities 2 — (1 ) — 1 — 2 Trading securities: Bonds: Corporate debt — — — — 4 — 4 Total $ 2 $ — $ (1 ) $ — $ 5 $ — $ 6 Three Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — Other long-term investments 1 — — — — — 1 Total $ 5 $ — $ — $ (4 ) $ — $ — $ 1 Six Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ — $ — $ — $ — $ 1 $ — $ 1 Other long-term investments 2 — (1 ) — — — 1 Total available-for-sale securities 2 — (1 ) — 1 — 2 Trading securities: Bonds: Corporate debt — — — — 4 — 4 Total $ 2 $ — $ (1 ) $ — $ 5 $ — $ 6 Six Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — CMBS 3 — — — — (3 ) — Total bonds 7 — — (4 ) — (3 ) — Other long-term investments 1 — — — — — 1 Total $ 8 $ — $ — $ (4 ) $ — $ (3 ) $ 1 (a) “Purchases, sales, issues, and settlements” column consisted only of settlements for the three and six months of June 30, 2015 . (b) During the three and six months ended June 30, 2016 , we transferred corporate debt securities totaling $5 million into Level 3, primarily related to the reduced observability of pricing inputs. (c) During the six months ended June 30, 2015 , we transferred CMBS securities totaling $3 million out of Level 3 primarily related to the greater 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. Quantitative information about Level 3 inputs for our assets measured at fair value on a recurring basis for which information about the unobservable inputs was reasonably available to us at June 30, 2016 and December 31, 2015 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input June 30, 2016 December 31, 2015 Corporate debt Discounted cash flows Yield 4.56% - 10.64% (5.81%) — RMBS Discounted cash flows Spread — 665 bps (a) Other long-term investments Discounted cash flows and indicative valuations Historical costs Nature of investment Local market conditions Comparables Operating performance Recent financing activity (b) (b) (a) At December 31, 2015 , RMBS consisted of one bond, which was less than $1 million . (b) 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. 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, 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 June 30, 2016 Assets Finance receivables held for sale $ — $ — $ 163 $ 163 Real estate owned — — 8 8 Commercial mortgage loans — — 8 8 Total $ — $ — $ 179 $ 179 December 31, 2015 Assets Real estate owned $ — $ — $ 11 $ 11 Commercial mortgage loans — — 8 8 Total $ — $ — $ 19 $ 19 * The fair value information presented in the table 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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Assets Finance receivables held for sale $ 5 $ — $ 5 $ — Real estate owned — 1 1 2 Commercial mortgage loans — (2 ) 1 (2 ) Total $ 5 $ (1 ) $ 7 $ — In accordance with the authoritative guidance for the accounting for the impairment of finance receivables held for sale, we wrote down certain finance receivables held for sale reported in our Real Estate segment to their fair value during the second quarter of 2016 and recorded the writedowns in other revenues. 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 six months ended June 30, 2016 and 2015 and recorded the writedowns in other revenues. 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 six months ended June 30, 2016 and 2015 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. Quantitative information about Level 3 inputs for our assets measured at fair value on a non-recurring basis at June 30, 2016 and December 31, 2015 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input June 30, 2016 December 31, 2015 Finance receivables held for sale Income approach Market value for similar type loan transactions to obtain a price point * * Real estate owned Market approach Third-party valuation * * Commercial mortgage loans Market approach Income approach Cost approach Local market conditions Nature of investment Comparable property sales Operating performance * * * We applied the third-party exception which allows us to omit certain quantitative disclosures about unobservable inputs for the assets measured at fair value on a non-recurring basis included in the table above. As a result, the weighted average ranges of the inputs for these assets are 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 certain cash equivalents, approximates fair value. Mutual Funds Our unit of account is the mutual fund, which is measured at net asset value. 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 other 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 elect the fair value option for investment securities that are deemed to incorporate an embedded derivative and for which it is impracticable for us to isolate and/or value the derivative. The fair value of certain investment securities 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 limitations 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 base our estimate of the fair value on independent third-party valuations at the time we take 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 June 30, 2016 , we had no debt carried at fair value under the fair value option. We estimate the fair values associated with variable rate revolving lines of credit to be equal to par.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events SECURITIZATIONS ODART 2016-1 Securitization On July 19, 2016, we completed a private securitization transaction in which OneMain Direct Auto Receivables Trust 2016-1 (“ODART 2016-1”), a wholly owned special purpose vehicle of SFC, issued $754 million principal amount of notes backed by auto secured personal loans with an aggregate UPB of $754 million as of June 30, 2016. $700 million principal amount of the notes issued by ODART 2016-1, represented by Classes A, B and C, were sold to unaffiliated parties at a weighted average interest rate of 2.27% , and $54 million principal amount of Class D notes were retained. The maturity dates of the notes occur on January 15, 2021 for the Class A, May 17, 2021 for the Class B, September 15, 2021 for the Class C and February 15, 2023 for the Class D. The first principal and interest payment on the notes is due on August 15, 2016. The indenture governing the ODART 2016-1 notes contains events of default which, if triggered, may result in the acceleration of the obligation to pay principal and interest on the notes. Sale of OMFIT 2016-2 Class C Notes On July 25, 2016, OneMain Financial Funding III, LLC, a wholly owned special purpose vehicle of OneMain, sold $83 million principal amount of the previously retained Class C Notes issued by OneMain Financial Issuance Trust 2016-2 to unaffiliated third parties at an interest rate of 5.67% . OneMain Financial B6 Warehouse Trust On July 28, 2016, we amended the note purchase agreement with the OneMain Financial B6 Warehouse Trust to decrease the maximum principal balance from $750 million to $600 million . No amounts were outstanding under the notes as of June 30, 2016. REAL ESTATE LOAN SALE On August 3, 2016, SFC and certain of its subsidiaries sold a portfolio of second lien mortgage loans for aggregate cash proceeds of $246 million , which approximated the carrying value of such loans. Unless terminated or we resign as servicer, we will continue to service the loans included in such sale pursuant to a servicing agreement. The purchase and sale agreement and the servicing agreement include customary representations and warranties and indemnification provisions.

Business and Basis of Present26

Business and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2016
Organization [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 (“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 GAAP. The statements include the accounts of OMH, its subsidiaries (all of which are wholly owned, except for certain indirect subsidiaries associated with a joint venture in which we owned a 47% equity interest prior to March 31, 2016), 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. To conform to the 2016 presentation, we have reclassified certain items in prior periods, including certain items in prior periods of our condensed consolidated financial statements. 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, 2015 (“ 2015 Annual Report on Form 10-K”). We follow the same significant accounting policies for our interim reporting, except for the change in accounting policy discussed below.
Impaired Financing Receivable	CHANGE IN ACCOUNTING POLICY Effective April 1, 2016, we changed our accounting policy for the derecognition of loans within a purchased credit impaired (“PCI”) pool. Historically, we removed loans from a PCI pool upon charge-off of the loan, based on the Company’s charge-off accounting policy at their allocated carrying value. Under our new accounting policy, loans will be removed from a PCI pool when the loan is written-off, at which time further collections efforts would not be pursued, or sold or repaid. While both methods are acceptable under GAAP, we believe the new method for derecognition of PCI loans is preferable as it enhances consistency with our industry peers. As of April 1, 2016, the cumulative effect of applying the change in accounting policy increased shareholders’ equity by $42 million . Our policy for derecognition of PCI loans following the change described above is presented below: Purchased Credit Impaired Finance Receivables As part of each of our acquisitions, we identify a population of finance receivables for which it is determined that it is probable that we will be unable to collect all contractually required payments. The population of accounts identified generally consists of those finance receivables that are (i) 60 days or more past due at acquisition, (ii) which had been classified as troubled debt restructured (“TDR”) finance receivables as of the acquisition date, (iii) may have been previously modified, or (iv) had other indications of credit deterioration as of the acquisition date. We accrete the excess of the cash flows expected to be collected on the purchased credit impaired finance receivables over the discounted cash flows (the “accretable yield”) into interest income at a level rate of return over the expected lives of the underlying pools of the purchased credit impaired finance receivables. The underlying pools are based on finance receivables with common risk characteristics. We have established policies and procedures to periodically (at least once a quarter) update the amount of cash flows we expect to collect, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of then current market conditions. Probable decreases in expected finance receivable cash flows result in the recognition of impairment, which is recognized through the provision for finance receivable losses. Probable significant increases in expected cash flows to be collected would first reverse any previously recorded allowance for finance receivable losses; any remaining increases are recognized prospectively as adjustments to the respective pool’s yield. Our purchased credit impaired finance receivables remain in our purchased credit impaired pools until liquidation or write-off. We do not reclassify modified purchased credit impaired finance receivables as TDR finance receivables. We have additionally established policies and procedures related to maintaining the integrity of these pools. A finance receivable will not be removed from a pool unless we sell, foreclose, or otherwise receive assets in satisfaction of a particular finance receivable or a finance receivable is written-off. If a finance receivable is renewed and additional funds are lent and terms are adjusted to current market conditions, we consider this a new finance receivable and the previous finance receivable is removed from the pool. If the facts and circumstances indicate that a finance receivable should be removed from a pool, that finance receivable will be removed at its allocated carrying amount. Removal of the finance receivable from a pool does not affect the yield used to recognize accretable yield of the pool. We have retrospectively applied this change in accounting policy. The effect of this change in accounting policy on income (loss) before provision for (benefit from) income taxes, net income (loss) attributable to OMH, and earnings (loss) per share, and the cumulative effect of this change in accounting policy on shareholders’ equity attributable to OMH for the following prior periods are included in the table below. (dollars in millions, except earnings (loss) per share) As Reported Adjustments As Adjusted Income (loss) before provision for (benefit from) income taxes Year ended December 31, 2013 $ 78 $ 79 $ 157 Year ended December 31, 2014 905 (44 ) 861 Year ended December 31, 2015 (269 ) 43 (226 ) Three months ended March 31, 2015 38 5 43 Three months ended March 31, 2016 275 (23 ) 252 Net income (loss) attributable to OMH Year ended December 31, 2013 $ (19 ) $ 27 $ 8 Year ended December 31, 2014 505 (42 ) 463 Year ended December 31, 2015 (242 ) 22 (220 ) Three months ended March 31, 2015 — 2 2 Three months ended March 31, 2016 153 (16 ) 137 Earnings (loss) per share - Basic Year ended December 31, 2013 $ (0.19 ) $ 0.26 $ 0.07 Year ended December 31, 2014 4.40 (0.37 ) 4.03 Year ended December 31, 2015 (1.89 ) 0.17 (1.72 ) Three months ended March 31, 2015 — 0.01 0.01 Three months ended March 31, 2016 1.14 (0.12 ) 1.02 Earnings (loss) per share - Diluted Year ended December 31, 2013 $ (0.19 ) $ 0.26 $ 0.07 Year ended December 31, 2014 4.38 (0.36 ) 4.02 Year ended December 31, 2015 (1.89 ) 0.17 (1.72 ) Three months ended March 31, 2015 — 0.01 0.01 Three months ended March 31, 2016 1.13 (0.12 ) 1.01 Shareholders’ equity attributable to OMH January 1, 2014 $ 1,540 $ 78 $ 1,618 January 1, 2015 2,025 36 2,061 January 1, 2016 2,751 58 2,809 The following tables present the impact of the retrospective application of this change in accounting policy on the amounts previously reported in our (i) consolidated balance sheet as of December 31, 2015, (ii) condensed consolidated statements of operations for the three and six months ended June 30, 2015 and (iii) condensed consolidated statements of cash flows for the six months ended June 30, 2015. Revised Condensed Consolidated Balance Sheet December 31, 2015 (dollars in millions) As Reported Adjustments As Adjusted Assets Cash and cash equivalents $ 939 $ — $ 939 Investment securities 1,867 — 1,867 Net finance receivables: Personal loans 13,267 28 13,295 SpringCastle Portfolio 1,576 127 1,703 Real estate loans 524 14 538 Retail sales finance 23 — 23 Net finance receivables 15,390 169 15,559 Unearned insurance premium and claim reserves (662 ) — (662 ) Allowance for finance receivable losses (587 ) (5 ) (592 ) Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses 14,141 164 14,305 Finance receivables held for sale 796 (3 ) 793 Restricted cash and cash equivalents 676 — 676 Goodwill 1,440 — 1,440 Other intangible assets 559 — 559 Other assets 638 (27 ) 611 Total assets $ 21,056 $ 134 $ 21,190 Liabilities and Shareholders’ Equity Long-term debt $ 17,300 $ — $ 17,300 Insurance claims and policyholder liabilities 747 — 747 Deferred and accrued taxes 20 9 29 Other liabilities 384 — 384 Total liabilities 18,451 9 18,460 Shareholders’ equity: Common stock 1 — 1 Additional paid-in capital 1,533 — 1,533 Accumulated other comprehensive loss (33 ) — (33 ) Retained earnings 1,250 58 1,308 OneMain Holdings, Inc. shareholders’ equity 2,751 58 2,809 Non-controlling interests (146 ) 67 (79 ) Total shareholders’ equity 2,605 125 2,730 Total liabilities and shareholders’ equity $ 21,056 $ 134 $ 21,190 Revised Condensed Consolidated Statements of Operations (dollars in millions, except earnings (loss) per share) Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted As Reported Adjustments As Adjusted Interest income: Finance charges $ 408 $ (2 ) $ 406 $ 810 $ (5 ) $ 805 Finance receivables held for sale originated as held for investment 5 (1 ) 4 9 (1 ) 8 Total interest income 413 (3 ) 410 819 (6 ) 813 Interest expense 171 — 171 329 — 329 Net interest income 242 (3 ) 239 490 (6 ) 484 Provision for finance receivable losses 80 (6 ) 74 167 (13 ) 154 Net interest income after provision for finance receivable losses 162 3 165 323 7 330 Other revenues: Insurance 40 — 40 76 — 76 Investment 16 — 16 33 — 33 Other — (1 ) (1 ) (2 ) — (2 ) Total other revenues 56 (1 ) 55 107 — 107 Other expenses: Operating expenses: Salaries and benefits 112 — 112 205 — 205 Acquisition-related transaction and integration expenses 12 — 12 15 — 15 Other operating expenses 63 — 63 125 — 125 Insurance policy benefits and claims 20 — 20 36 — 36 Total other expenses 207 — 207 381 — 381 Income before provision for (benefit from) income taxes 11 2 13 49 7 56 Provision for (benefit from) income taxes (8 ) — (8 ) (1 ) 1 — Net income 19 2 21 50 6 56 Net income attributable to non-controlling interests 31 2 33 62 4 66 Net income (loss) attributable to OneMain Holdings, Inc. $ (12 ) $ — $ (12 ) $ (12 ) $ 2 $ (10 ) Share Data: Weighted average number of shares outstanding: Basic 127,411,208 127,411,208 121,253,548 121,253,548 Diluted 127,411,208 127,411,208 121,253,548 121,253,548 Earnings (loss) per share: Basic $ (0.09 ) $ (0.09 ) $ (0.10 ) $ (0.08 ) Diluted $ (0.09 ) $ (0.09 ) $ (0.10 ) $ (0.08 ) Revised Condensed Consolidated Statement of Cash Flows (dollars in millions) Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted Cash flows from operating activities Net income $ 50 $ 6 $ 56 Reconciling adjustments: Provision for finance receivable losses 167 (13 ) 154 Depreciation and amortization 41 6 47 Deferred income tax charge (benefit) (30 ) 1 (29 ) Non-cash incentive compensation from Initial Stockholder 15 — 15 Share-based compensation expense, net of forfeitures 4 — 4 Other (13 ) — (13 ) Cash flows due to changes in: Other assets and other liabilities (13 ) — (13 ) Insurance claims and policyholder liabilities 13 — 13 Taxes receivable and payable (28 ) — (28 ) Accrued interest and finance charges 3 — 3 Net cash provided by operating activities 209 — 209 Cash flows from investing activities Net principal collections (originations) of finance receivables held for investment and held for sale (305 ) — (305 ) Proceeds on sales of finance receivables held for sale originated as held for investment 74 — 74 Available-for-sale securities purchased (209 ) — (209 ) Trading and other securities purchased (1,318 ) — (1,318 ) Available-for-sale securities called, sold, and matured 223 — 223 Trading and other securities called, sold, and matured 1,963 — 1,963 Change in restricted cash and cash equivalents (109 ) — (109 ) Proceeds from sale of real estate owned 10 — 10 Net cash provided by investing activities 329 — 329 Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 1,829 — 1,829 Proceeds from issuance of common stock, net of offering costs 976 — 976 Repayments of long-term debt (591 ) — (591 ) Distributions to joint venture partners (39 ) — (39 ) Excess tax benefit from share-based compensation 2 — 2 Net cash provided by (used for) financing activities 2,177 — 2,177 Net change in cash and cash equivalents 2,715 — 2,715 Cash and cash equivalents at beginning of period 879 — 879 Cash and cash equivalents at end of period $ 3,594 $ — $ 3,594 We have also adjusted the applicable prior period amounts in the Notes to the Condensed Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 2 herein to reflect the impact of this change in accounting policy.
New Accounting Pronouncements	ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED Consolidation In February of 2015, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“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 tiebreakers in their consolidation analysis and disclosures. The standard became effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. We have adopted this ASU and concluded that it does not have a material effect 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 Accounting Standards Codification, clarify the guidance, correct references and make minor improvements affecting a variety of topics. The amendments to this transition guidance became effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. We have adopted this ASU and concluded that it does not have a material effect on our consolidated financial statements. Debt Instruments In March of 2016, the FASB issued ASU 2016-06, Contingent Puts and Call Options in Debt Instruments , which clarifies the requirements for assessing whether contingent call (put) options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt host. The ASU requires assessing the embedded call (put) options solely in accordance with the four-step decision sequence. The amendment of this ASU becomes effective on a modified retrospective basis for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. We have early adopted this ASU and concluded that it does not have a material effect on our consolidated financial statements. 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. In March of 2016, the FASB issued ASU 2016-08, Principal versus Agent Considerations, which clarifies the implementation of the guidance on principal versus agent considerations from ASU 2014-09, Revenue from Contracts with Customers . ASU 2016-08 does not change the core principle of the guidance in ASU 2014-09, but rather clarifies the distinction between principal versus agent considerations when implementing ASU 2014-09. In April of 2016, the FASB issued ASU 2016-10, Identifying Performance Obligations and Licensing , to clarify the implementation guidance of ASU 2014-09 relating to performance obligations and licensing. In May of 2016, the FASB issued ASU 2016-12, Narrow-Scope Improvements and Practical Expedients, to clarify guidance in ASU 2014-09 related to assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts/contract modifications. We are evaluating whether the adoption of these accounting pronouncements will 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 amendments in this ASU become effective for annual periods beginning after December 15, 2015, and interim periods within annual periods beginning after December 15, 2016. We are evaluating the potential impact of the adoption of the ASU on our consolidated financial statements. Financial Instruments In January of 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities , which simplifies the impairment assessment of equity investments. The update requires equity investments to be measured at fair value with changes recognized in net income. This ASU eliminates the requirement to disclose the methods and assumptions to estimate fair value for financial instruments, requires the use of the exit price for disclosure purposes, requires the change in liability due to a change in credit risk to be presented in other comprehensive income, requires separate presentation of financial assets and liabilities by measurement category and form of asset (securities and loans), and clarifies the need for a valuation allowance on a deferred tax asset related to available-for-sale securities. The amendments in this ASU become effective prospectively for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Leases In February of 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The ASU will require lessees to recognize assets and liabilities on leases with terms greater than 12 months and to disclose information related to the amount, timing and uncertainty of cash flows arising from leases, including various qualitative and quantitative requirements. The amendments in this ASU become effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Investments In March of 2016, the FASB issued ASU 2016-07, Simplifying the Transition to the Equity Method of Accounting , which eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The ASU requires that an entity that has available-for-sale securities recognize, through earnings, the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendment in this ASU becomes effective prospectively for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Stock Compensation In March of 2016, the FASB issued ASU 2016-09, Improvements to Employee Share - Based Payment Accounting , which simplifies the accounting for share-based payment transactions, income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The amendment in this ASU becomes effective on a modified retrospective basis for accounting in tax benefits recognized, retrospectively for accounting related to the presentation of employee taxes paid, prospectively for accounting related to recognition of excess tax benefits, and either prospectively or retrospectively for accounting related to presentation of excess employee tax benefits for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Revenue Recognition and Derivatives and Hedging In May of 2016, the FASB issued ASU 2016-11, Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815) , to rescind certain Securities and Exchange Commission (the “SEC”) guidance in Topic 605 and Topic 815 as ASU 2014-09 becomes effective. Our adoption of ASU 2014-09 will bring us into alignment with this ASU. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. Allowance for Finance Receivables Losses In June of 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The ASU significantly changes the way that entities will be required to measure credit losses. The new standard requires that the estimated credit loss be based upon an “expected credit loss” approach rather than the “incurred loss” approach currently required. The new approach will require entities to measure all expected credit losses for financial assets based on historical experience, current conditions, and reasonable forecasts of collectability. It is anticipated that the expected credit loss model will require earlier recognition of credit losses than the incurred loss approach. The ASU requires that credit losses for purchased financial assets with a more-than-insignificant amount of credit deterioration since origination that are measured at amortized cost basis be determined in a similar manner to other financial assets measured at amortized cost basis; however, the initial allowance for credit losses is added to the purchase price of the financial asset rather than being reported as a credit loss expense. Subsequent changes in the allowance for credit losses are recorded in earnings. Interest income should be recognized based on the effective rate, excluding the discount embedded in the purchase price attributable to expected credit losses at acquisition. The ASU also requires companies to record allowances for held-to-maturity and available-for-sale debt securities rather than write-downs of such assets. In addition, the ASU requires qualitative and quantitative disclosures that provide information about the allowance and the significant factors that influenced management’s estimate of the allowance. The ASU will become effective for the Company for fiscal years beginning January 1, 2020. Early adoption is permitted for fiscal years beginning January 1, 2019. We believe the adoption of this ASU will have a material effect on our consolidated financial statements and we are in the process of quantifying the expected impacts. We do not believe that any other accounting pronouncements issued during the first half of 2016, but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Business and Basis of Present27

Business and Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2016
Organization [Abstract]
Cumulative effect of change in accounting policy	The effect of this change in accounting policy on income (loss) before provision for (benefit from) income taxes, net income (loss) attributable to OMH, and earnings (loss) per share, and the cumulative effect of this change in accounting policy on shareholders’ equity attributable to OMH for the following prior periods are included in the table below. (dollars in millions, except earnings (loss) per share) As Reported Adjustments As Adjusted Income (loss) before provision for (benefit from) income taxes Year ended December 31, 2013 $ 78 $ 79 $ 157 Year ended December 31, 2014 905 (44 ) 861 Year ended December 31, 2015 (269 ) 43 (226 ) Three months ended March 31, 2015 38 5 43 Three months ended March 31, 2016 275 (23 ) 252 Net income (loss) attributable to OMH Year ended December 31, 2013 $ (19 ) $ 27 $ 8 Year ended December 31, 2014 505 (42 ) 463 Year ended December 31, 2015 (242 ) 22 (220 ) Three months ended March 31, 2015 — 2 2 Three months ended March 31, 2016 153 (16 ) 137 Earnings (loss) per share - Basic Year ended December 31, 2013 $ (0.19 ) $ 0.26 $ 0.07 Year ended December 31, 2014 4.40 (0.37 ) 4.03 Year ended December 31, 2015 (1.89 ) 0.17 (1.72 ) Three months ended March 31, 2015 — 0.01 0.01 Three months ended March 31, 2016 1.14 (0.12 ) 1.02 Earnings (loss) per share - Diluted Year ended December 31, 2013 $ (0.19 ) $ 0.26 $ 0.07 Year ended December 31, 2014 4.38 (0.36 ) 4.02 Year ended December 31, 2015 (1.89 ) 0.17 (1.72 ) Three months ended March 31, 2015 — 0.01 0.01 Three months ended March 31, 2016 1.13 (0.12 ) 1.01 Shareholders’ equity attributable to OMH January 1, 2014 $ 1,540 $ 78 $ 1,618 January 1, 2015 2,025 36 2,061 January 1, 2016 2,751 58 2,809
Schedule of Revised Condensed Balance Sheet	Revised Condensed Consolidated Balance Sheet December 31, 2015 (dollars in millions) As Reported Adjustments As Adjusted Assets Cash and cash equivalents $ 939 $ — $ 939 Investment securities 1,867 — 1,867 Net finance receivables: Personal loans 13,267 28 13,295 SpringCastle Portfolio 1,576 127 1,703 Real estate loans 524 14 538 Retail sales finance 23 — 23 Net finance receivables 15,390 169 15,559 Unearned insurance premium and claim reserves (662 ) — (662 ) Allowance for finance receivable losses (587 ) (5 ) (592 ) Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses 14,141 164 14,305 Finance receivables held for sale 796 (3 ) 793 Restricted cash and cash equivalents 676 — 676 Goodwill 1,440 — 1,440 Other intangible assets 559 — 559 Other assets 638 (27 ) 611 Total assets $ 21,056 $ 134 $ 21,190 Liabilities and Shareholders’ Equity Long-term debt $ 17,300 $ — $ 17,300 Insurance claims and policyholder liabilities 747 — 747 Deferred and accrued taxes 20 9 29 Other liabilities 384 — 384 Total liabilities 18,451 9 18,460 Shareholders’ equity: Common stock 1 — 1 Additional paid-in capital 1,533 — 1,533 Accumulated other comprehensive loss (33 ) — (33 ) Retained earnings 1,250 58 1,308 OneMain Holdings, Inc. shareholders’ equity 2,751 58 2,809 Non-controlling interests (146 ) 67 (79 ) Total shareholders’ equity 2,605 125 2,730 Total liabilities and shareholders’ equity $ 21,056 $ 134 $ 21,190
Schedule of Revised Condensed Income Statement	Revised Condensed Consolidated Statements of Operations (dollars in millions, except earnings (loss) per share) Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted As Reported Adjustments As Adjusted Interest income: Finance charges $ 408 $ (2 ) $ 406 $ 810 $ (5 ) $ 805 Finance receivables held for sale originated as held for investment 5 (1 ) 4 9 (1 ) 8 Total interest income 413 (3 ) 410 819 (6 ) 813 Interest expense 171 — 171 329 — 329 Net interest income 242 (3 ) 239 490 (6 ) 484 Provision for finance receivable losses 80 (6 ) 74 167 (13 ) 154 Net interest income after provision for finance receivable losses 162 3 165 323 7 330 Other revenues: Insurance 40 — 40 76 — 76 Investment 16 — 16 33 — 33 Other — (1 ) (1 ) (2 ) — (2 ) Total other revenues 56 (1 ) 55 107 — 107 Other expenses: Operating expenses: Salaries and benefits 112 — 112 205 — 205 Acquisition-related transaction and integration expenses 12 — 12 15 — 15 Other operating expenses 63 — 63 125 — 125 Insurance policy benefits and claims 20 — 20 36 — 36 Total other expenses 207 — 207 381 — 381 Income before provision for (benefit from) income taxes 11 2 13 49 7 56 Provision for (benefit from) income taxes (8 ) — (8 ) (1 ) 1 — Net income 19 2 21 50 6 56 Net income attributable to non-controlling interests 31 2 33 62 4 66 Net income (loss) attributable to OneMain Holdings, Inc. $ (12 ) $ — $ (12 ) $ (12 ) $ 2 $ (10 ) Share Data: Weighted average number of shares outstanding: Basic 127,411,208 127,411,208 121,253,548 121,253,548 Diluted 127,411,208 127,411,208 121,253,548 121,253,548 Earnings (loss) per share: Basic $ (0.09 ) $ (0.09 ) $ (0.10 ) $ (0.08 ) Diluted $ (0.09 ) $ (0.09 ) $ (0.10 ) $ (0.08 )
Schedule of Revised Condensed Cash Flow Statement	Revised Condensed Consolidated Statement of Cash Flows (dollars in millions) Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted Cash flows from operating activities Net income $ 50 $ 6 $ 56 Reconciling adjustments: Provision for finance receivable losses 167 (13 ) 154 Depreciation and amortization 41 6 47 Deferred income tax charge (benefit) (30 ) 1 (29 ) Non-cash incentive compensation from Initial Stockholder 15 — 15 Share-based compensation expense, net of forfeitures 4 — 4 Other (13 ) — (13 ) Cash flows due to changes in: Other assets and other liabilities (13 ) — (13 ) Insurance claims and policyholder liabilities 13 — 13 Taxes receivable and payable (28 ) — (28 ) Accrued interest and finance charges 3 — 3 Net cash provided by operating activities 209 — 209 Cash flows from investing activities Net principal collections (originations) of finance receivables held for investment and held for sale (305 ) — (305 ) Proceeds on sales of finance receivables held for sale originated as held for investment 74 — 74 Available-for-sale securities purchased (209 ) — (209 ) Trading and other securities purchased (1,318 ) — (1,318 ) Available-for-sale securities called, sold, and matured 223 — 223 Trading and other securities called, sold, and matured 1,963 — 1,963 Change in restricted cash and cash equivalents (109 ) — (109 ) Proceeds from sale of real estate owned 10 — 10 Net cash provided by investing activities 329 — 329 Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 1,829 — 1,829 Proceeds from issuance of common stock, net of offering costs 976 — 976 Repayments of long-term debt (591 ) — (591 ) Distributions to joint venture partners (39 ) — (39 ) Excess tax benefit from share-based compensation 2 — 2 Net cash provided by (used for) financing activities 2,177 — 2,177 Net change in cash and cash equivalents 2,715 — 2,715 Cash and cash equivalents at beginning of period 879 — 879 Cash and cash equivalents at end of period $ 3,594 $ — $ 3,594

Significant Transactions (Table

Significant Transactions (Tables)	6 Months Ended
	Jun. 30, 2016
Significant Transactions [Abstract]
Schedule of Business Acquisitions, by Acquisition	The excess of the purchase price over the fair values, which we recorded as goodwill, was determined as follows: (dollars in millions) As Reported As Adjusted Adjustments * Cash consideration $ 4,478 $ (23 ) (a) $ 4,455 Fair value of assets acquired: Cash and cash equivalents 958 — 958 Investment securities 1,294 — 1,294 Personal loans 8,801 (6 ) (b) 8,795 Intangibles 555 3 (c) 558 Other assets 247 (3 ) (d) 244 Fair value of liabilities assumed: Long-term debt (7,725 ) — (7,725 ) Unearned premium, insurance policy and claims reserves (936 ) — (936 ) Other liabilities (156 ) 1 (e) (155 ) Goodwill $ 1,440 $ 1,422 * During the first half of 2016, we recorded the following adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill as new information, which existed as of the acquisition date, was brought to our attention: (a) Represents a subsequent cash payment from Citigroup as a result of reaching final agreement on certain purchase accounting adjustments. (b) Represents the net impact of an increase to the discount of purchased credit impaired finance receivables of $64 million and an increase to the premium on finance receivables purchased as performing receivables of $58 million as a result of revisions to the receivables valuation during the measurement period. This adjustment also resulted in $15 million of additional loan premium amortization and $3 million of additional loan discount accretion during the first quarter of 2016, of which $7 million and $1 million , respectively, would have been recorded during the two months ended December 31, 2015, had the adjustment been retroactively reflected since the acquisition date. (c) Represents an increase in acquired intangibles related to customer loan applications in process at the acquisition date. (d) Represents a decrease in valuation of acquired software asset. (e) Represents the settlement of a payable to Citigroup during the measurement period.
Schedule of Goodwill	Changes in the carrying amount of goodwill, all of which are reported in our Consumer and Insurance segment, were as follows: (dollars in millions) Consumer and Insurance Six Months Ended June 30, 2016 Balance at beginning of period $ 1,440 Adjustments to purchase price allocation * (18 ) Balance at end of period $ 1,422 * Goodwill adjustments were recorded at OMFH subsidiary level.
Schedule of unaudited pro forma financial information	The following table presents the unaudited pro forma financial information: (dollars in millions) Three Months Ended Six Months Ended Interest income $ 809 $ 1,604 Net income attributable to OneMain Holdings, Inc. 24 65

Finance Receivables (Tables)

Finance Receivables (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of components of net finance receivables by type	Components of net finance receivables held for investment by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total June 30, 2016 Gross receivables * $ 15,518 $ — $ 207 $ 17 $ 15,742 Unearned finance charges and points and fees (2,204 ) — 1 (1 ) (2,204 ) Accrued finance charges 145 — 1 — 146 Deferred origination costs 73 — — — 73 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 December 31, 2015 Gross receivables * $ 15,353 $ 1,672 $ 534 $ 25 $ 17,584 Unearned finance charges and points and fees (2,261 ) — — (2 ) (2,263 ) Accrued finance charges 147 31 4 — 182 Deferred origination costs 56 — — — 56 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 * Gross receivables are defined as follows: • Finance receivables purchased as a performing receivable — gross finance receivables equal the 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 initial fair value; • Finance receivables originated subsequent to the respective OneMain and Fortress acquisitions — gross finance receivables equal the UPB for interest bearing accounts and the gross remaining contractual payments for precompute accounts; • 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; and • Troubled debt restructured (“TDR”) finance receivables — gross finance receivables equal the 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 previously purchased as a performing receivable.
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) June 30, December 31, Personal loans $ 1 $ 2 SpringCastle Portfolio — 365 Real estate loans 18 30 Total $ 19 $ 397
Summary of net finance receivables by type and by days delinquent	The following is a summary of net finance receivables held for investment by type and by number of days delinquent: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total June 30, 2016 Net finance receivables: 60-89 days past due $ 124 $ — $ 6 $ — $ 130 90-119 days past due 96 — 4 — 100 120-149 days past due 81 — 3 — 84 150-179 days past due 77 — 3 — 80 180 days or more past due 9 — 21 — 30 Total delinquent finance receivables 387 — 37 — 424 Current 12,975 — 162 15 13,152 30-59 days past due 170 — 10 1 181 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 December 31, 2015 Net finance receivables: 60-89 days past due $ 127 $ 26 $ 19 $ — $ 172 90-119 days past due 97 16 3 — 116 120-149 days past due 58 12 2 1 73 150-179 days past due 62 11 2 — 75 180 days or more past due 4 1 13 — 18 Total delinquent finance receivables 348 66 39 1 454 Current 12,777 1,588 486 22 14,873 30-59 days past due 170 49 13 — 232 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559
Schedule of performing and nonperforming net finance receivables by type	Our performing and nonperforming net finance receivables held for investment by type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Retail Total June 30, 2016 Performing $ 13,269 $ — $ 178 $ 16 $ 13,463 Nonperforming 263 — 31 — 294 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 December 31, 2015 Performing $ 13,074 $ 1,663 $ 518 $ 22 $ 15,277 Nonperforming 221 40 20 1 282 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559
Schedule of purchased credit impaired finance receivables held for investment and held for sale	Information regarding our purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) OM Loans SCP Loans FA Loans * Total June 30, 2016 Carrying amount, net of allowance $ 445 $ — $ 85 $ 530 Outstanding balance 600 — 129 729 Allowance for purchased credit impaired finance receivable losses 29 — 8 37 December 31, 2015 Carrying amount, net of allowance $ 658 $ 350 $ 89 $ 1,097 Outstanding balance 919 482 136 1,537 Allowance for purchased credit impaired finance receivable losses — — 12 12 * Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) FA Loans June 30, 2016 Carrying amount $ 68 Outstanding balance 103 December 31, 2015 Carrying amount $ 59 Outstanding balance 89
Purchased credit impaired FA Loans held for sale	* Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) FA Loans June 30, 2016 Carrying amount $ 68 Outstanding balance 103 December 31, 2015 Carrying amount $ 59 Outstanding balance 89
Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale	Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) OM Loans SCP Loans FA Loans Total Three Months Ended June 30, 2016 Balance at beginning of period $ 104 $ — $ 74 $ 178 Accretion (a) (17 ) — (2 ) (19 ) Reclassifications to nonaccretable difference (b) — — (11 ) (11 ) Balance at end of period $ 87 $ — $ 61 $ 148 Three Months Ended June 30, 2015 Balance at beginning of period $ — $ 431 $ 54 $ 485 Accretion (a) — (20 ) (2 ) (22 ) Reclassifications from nonaccretable difference (b) — — 1 1 Balance at end of period $ — $ 411 $ 53 $ 464 Six Months Ended June 30, 2016 Balance at beginning of period $ 151 $ 375 $ 66 $ 592 Accretion (a) (41 ) (16 ) (4 ) (61 ) Other (c) (23 ) — — (23 ) Reclassifications to nonaccretable difference (b) — — (1 ) (1 ) Transfer due to finance receivables sold — (359 ) — (359 ) Balance at end of period $ 87 $ — $ 61 $ 148 Six Months Ended June 30, 2015 Balance at beginning of period $ — $ 452 $ 54 $ 506 Accretion (a) — (41 ) (4 ) (45 ) Reclassifications from nonaccretable difference (b) — — 3 3 Balance at end of period $ — $ 411 $ 53 $ 464 (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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Accretion $ 1 $ 2 $ 2 $ 3 (b) Reclassifications from (to) nonaccretable difference represents the increases (decreases) in accretion resulting from higher (lower) estimated undiscounted cash flows. (c) Other reflects a measurement period adjustment in the first quarter of 2016 based on a change in the expected cash flows in the purchase credit impaired portfolio related to the OneMain Acquisition. The measurement period adjustment created a change of $23 million to the beginning balance of the OM Loans accretable yield.
Schedule of Accretion on our purchased credit impaired FA Loans held for sale	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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Accretion $ 1 $ 2 $ 2 $ 3
Schedule of information regarding TDR 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 June 30, 2016 TDR gross finance receivables (b) $ 88 $ — $ 201 $ 289 TDR net finance receivables 88 — 202 290 Allowance for TDR finance receivable losses 36 — 12 48 December 31, 2015 TDR gross finance receivables (b) $ 46 $ 14 $ 200 $ 260 TDR net finance receivables 46 13 201 260 Allowance for TDR finance receivable losses 17 4 34 55 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total June 30, 2016 TDR gross finance receivables $ — $ 154 $ 154 TDR net finance receivables — 155 155 December 31, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94 (b) As defined earlier in this Note.
TDR finance receivables held for sale	TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total June 30, 2016 TDR gross finance receivables $ — $ 154 $ 154 TDR net finance receivables — 155 155 December 31, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94
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 June 30, 2016 TDR average net receivables $ 83 $ — $ 202 $ 285 TDR finance charges recognized 2 — 3 5 Three Months Ended June 30, 2015 TDR average net receivables $ 28 $ 12 $ 198 $ 238 TDR finance charges recognized 1 — 3 4 Six Months Ended June 30, 2016 TDR average net receivables $ 73 $ — $ 202 $ 275 TDR finance charges recognized 3 — 6 9 Six Months Ended June 30, 2015 TDR average net receivables $ 27 $ 11 $ 196 $ 234 TDR finance charges recognized 2 — 6 8 * TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Real Estate Loans Total Three Months Ended June 30, 2016 TDR average net receivables $ 1 $ 112 $ 113 TDR finance charges recognized — 2 2 Three Months Ended June 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 1 1 Six Months Ended June 30, 2016 TDR average net receivables $ 2 $ 102 $ 104 TDR finance charges recognized — 3 3 Six Months Ended June 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 2 2
TDR average net receivables held for sale and finance charges recognized on TDR finance receivables held for sale	TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Real Estate Loans Total Three Months Ended June 30, 2016 TDR average net receivables $ 1 $ 112 $ 113 TDR finance charges recognized — 2 2 Three Months Ended June 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 1 1 Six Months Ended June 30, 2016 TDR average net receivables $ 2 $ 102 $ 104 TDR finance charges recognized — 3 3 Six Months Ended June 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 2 2
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 June 30, 2016 Pre-modification TDR net finance receivables $ 50 $ — $ 6 $ 56 Post-modification TDR net finance receivables: Rate reduction $ 47 $ — $ 5 $ 52 Other (b) 2 — 1 3 Total post-modification TDR net finance receivables $ 49 $ — $ 6 $ 55 Number of TDR accounts 6,709 — 116 6,825 Three Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ 7 $ 2 $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 2 $ 5 $ 10 Other (b) 3 — 2 5 Total post-modification TDR net finance receivables $ 6 $ 2 $ 7 $ 15 Number of TDR accounts 1,479 213 99 1,791 Six Months Ended June 30, 2016 Pre-modification TDR net finance receivables $ 100 $ 1 $ 10 $ 111 Post-modification TDR net finance receivables: Rate reduction $ 93 $ 1 $ 8 $ 102 Other (b) 5 — 2 7 Total post-modification TDR net finance receivables $ 98 $ 1 $ 10 $ 109 Number of TDR accounts 13,625 157 205 13,987 Six Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ 16 $ 4 $ 10 $ 30 Post-modification TDR net finance receivables: Rate reduction $ 8 $ 4 $ 9 $ 21 Other (b) 6 — 2 8 Total post-modification TDR net finance receivables $ 14 $ 4 $ 11 $ 29 Number of TDR accounts 3,343 408 177 3,928 (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 June 30, 2016 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 1 $ 1 Number of TDR accounts 46 32 78 Three Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ — $ 3 $ 3 Post-modification TDR net finance receivables $ — $ 3 $ 3 Number of TDR accounts — 35 35 Six Months Ended June 30, 2016 Pre-modification TDR net finance receivables * $ — $ 2 $ 2 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 174 51 225 Six Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ — $ 3 $ 3 Post-modification TDR net finance receivables $ — $ 3 $ 3 Number of TDR accounts — 44 44 * Pre- and post-modification TDR personal loans held for sale for the three and six months ended June 30, 2016 were less than $1 million and, therefore, are not quantified in the table above. (b) “Other” modifications primarily include forgiveness of principal or interest.
new volume of the TDR finance receivables held for sale	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 June 30, 2016 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 1 $ 1 Number of TDR accounts 46 32 78 Three Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ — $ 3 $ 3 Post-modification TDR net finance receivables $ — $ 3 $ 3 Number of TDR accounts — 35 35 Six Months Ended June 30, 2016 Pre-modification TDR net finance receivables * $ — $ 2 $ 2 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 174 51 225 Six Months Ended June 30, 2015 Pre-modification TDR net finance receivables $ — $ 3 $ 3 Post-modification TDR net finance receivables $ — $ 3 $ 3 Number of TDR accounts — 44 44 * Pre- and post-modification TDR personal loans held for sale for the three and six months ended June 30, 2016 were less than $1 million and, therefore, are not quantified in the table above.
Schedule of Troubled Debt Restructurings, Subsequently Defaulted	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 SpringCastle Portfolio Real Estate Total Three Months Ended June 30, 2016 TDR net finance receivables (b) $ 4 $ — $ 1 $ 5 Number of TDR accounts 640 — 19 659 Three Months Ended June 30, 2015 TDR net finance receivables (b) (c) $ 2 $ 1 $ — $ 3 Number of TDR accounts 457 86 8 551 Six Months Ended June 30, 2016 TDR net finance receivables (b) (d) $ 6 $ — $ 2 $ 8 Number of TDR accounts 1,040 19 39 1,098 Six Months Ended June 30, 2015 TDR net finance receivables (b) $ 2 $ 1 $ 1 $ 4 Number of TDR accounts 514 96 26 636 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended June 30, 2016 TDR net finance receivables * $ — Number of TDR accounts 12 Three Months Ended June 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 4 Six Months Ended June 30, 2016 TDR net finance receivables $ 1 Number of TDR accounts 21 Six Months Ended June 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 13 * TDR real estate loans held for sale for the three months ended June 30, 2016 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 real estate loans for the three months ended June 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. (d) TDR SpringCastle Portfolio loans for the six months ended June 30, 2016 that defaulted during the previous 12-month period were less than $1 million and, therefore, are not quantified in the combined table above.
Schedule of Trouble Debt Restructurings, Subsequently Defaulted, Held for Sale	TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended June 30, 2016 TDR net finance receivables * $ — Number of TDR accounts 12 Three Months Ended June 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 4 Six Months Ended June 30, 2016 TDR net finance receivables $ 1 Number of TDR accounts 21 Six Months Ended June 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 13 * TDR real estate loans held for sale for the three months ended June 30, 2016 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 Receiva30

Allowance for Finance Receivable Losses (Tables)	6 Months Ended
	Jun. 30, 2016
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 June 30, 2016 Balance at beginning of period $ 587 $ — $ 49 $ — $ 636 Provision for finance receivable losses 212 — 2 — 214 Charge-offs (227 ) — (4 ) — (231 ) Recoveries 15 — 2 1 18 Other * — — (29 ) — (29 ) Balance at end of period $ 587 $ — $ 20 $ 1 $ 608 Three Months Ended June 30, 2015 Balance at beginning of period $ 134 $ 3 $ 45 $ 1 $ 183 Provision for finance receivable losses 55 18 — 1 74 Charge-offs (59 ) (21 ) (5 ) (1 ) (86 ) Recoveries 11 3 1 — 15 Balance at end of period $ 141 $ 3 $ 41 $ 1 $ 186 Six Months Ended June 30, 2016 Balance at beginning of period $ 541 $ 4 $ 46 $ 1 $ 592 Provision for finance receivable losses 391 14 6 — 411 Charge-offs (372 ) (17 ) (6 ) (1 ) (396 ) Recoveries 27 3 3 1 34 Other * — (4 ) (29 ) — (33 ) Balance at end of period $ 587 $ — $ 20 $ 1 $ 608 Six Months Ended June 30, 2015 Balance at beginning of period $ 132 $ 3 $ 46 $ 1 $ 182 Provision for finance receivable losses 112 37 4 1 154 Charge-offs (121 ) (43 ) (11 ) (2 ) (177 ) Recoveries 18 6 2 1 27 Balance at end of period $ 141 $ 3 $ 41 $ 1 $ 186 * Other consists of: • the elimination of allowance for finance receivable losses due to the transfer of real estate loans held for investment to finance receivable held for sale on June 30, 2016; and • the elimination of allowance for finance receivable losses due to the sale of the SpringCastle Portfolio on March 31, 2016, in connection with the sale of our equity interest in the SpringCastle Joint Venture. See Note 2 for further information on this sale.
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 June 30, 2016 Allowance for finance receivable losses: Collectively evaluated for impairment $ 522 $ — $ — $ 1 $ 523 Purchased credit impaired finance receivables 29 — 8 — 37 TDR finance receivables 36 — 12 — 48 Total $ 587 $ — $ 20 $ 1 $ 608 Finance receivables: Collectively evaluated for impairment $ 12,970 $ — $ 137 $ 16 $ 13,123 Purchased credit impaired finance receivables 474 — 25 — 499 TDR finance receivables 88 — 47 — 135 Total $ 13,532 $ — $ 209 $ 16 $ 13,757 Allowance for finance receivable losses as a percentage of finance receivables 4.34 % — % 9.63 % 3.42 % 4.42 % December 31, 2015 Allowance for finance receivable losses: Collectively evaluated for impairment $ 524 $ — $ — $ 1 $ 525 Purchased credit impaired finance receivables — — 12 — 12 TDR finance receivables 17 4 34 — 55 Total $ 541 $ 4 $ 46 $ 1 $ 592 Finance receivables: Collectively evaluated for impairment $ 12,593 $ 1,340 $ 387 $ 23 $ 14,343 Purchased credit impaired finance receivables 658 350 42 — 1,050 TDR finance receivables 44 13 109 — 166 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 Allowance for finance receivable losses as a percentage of finance receivables 4.07 % 0.25 % 8.72 % 3.46 % 3.81 %

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2016
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 June 30, 2016 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 66 $ 1 $ — $ 67 Obligations of states, municipalities, and political subdivisions 135 3 — 138 Non-U.S. government and government sponsored entities 117 2 — 119 Corporate debt 963 23 (3 ) 983 Mortgage-backed, asset-backed, and collateralized: Residential mortgage-backed securities (“RMBS”) 85 1 (1 ) 85 Commercial mortgage-backed securities (“CMBS”) 114 2 — 116 Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) 69 — — 69 Total bonds 1,549 32 (4 ) 1,577 Preferred stock 15 — — 15 Common stock 19 2 — 21 Other long-term investments 2 — (1 ) 1 Total * $ 1,585 $ 34 $ (5 ) $ 1,614 December 31, 2015 Fixed maturity available-for-sale securities: Bonds: U.S. government and government sponsored entities $ 112 $ — $ (1 ) $ 111 Obligations of states, municipalities, and political subdivisions 140 1 (1 ) 140 Non-U.S. government and government sponsored entities 126 1 (1 ) 126 Corporate debt 1,018 3 (22 ) 999 Mortgage-backed, asset-backed, and collateralized: RMBS 128 — — 128 CMBS 117 — (1 ) 116 CDO/ABS 71 — — 71 Total bonds 1,712 5 (26 ) 1,691 Preferred stock 14 — (1 ) 13 Common stock 23 — — 23 Other long-term investments 2 — — 2 Total * $ 1,751 $ 5 $ (27 ) $ 1,729 * 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 June 30, 2016 and December 31, 2015 , which is classified as a restricted investment and carried at cost.
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 June 30, 2016 Bonds: U.S. government and government sponsored entities $ 1 $ — $ — $ — $ 1 $ — Obligations of states, municipalities, and political subdivisions 7 — 3 — 10 — Non-U.S. government and government sponsored entities 10 — — — 10 — Corporate debt 98 (2 ) 22 (1 ) 120 (3 ) RMBS 25 (1 ) — — 25 (1 ) CMBS 19 — 9 — 28 — CDO/ABS 27 — — — 27 — Total bonds 187 (3 ) 34 (1 ) 221 (4 ) Preferred stock 4 — 6 — 10 — Common stock 4 — — — 4 — Other long-term investments — — 1 (1 ) 1 (1 ) Total $ 195 $ (3 ) $ 41 $ (2 ) $ 236 $ (5 ) December 31, 2015 Bonds: U.S. government and government sponsored entities $ 102 $ (1 ) $ — $ — $ 102 $ (1 ) Obligations of states, municipalities, and political subdivisions 69 (1 ) 2 — 71 (1 ) Non-U.S. government and government sponsored entities 19 (1 ) — — 19 (1 ) Corporate debt 786 (22 ) 7 — 793 (22 ) RMBS 107 — — — 107 — CMBS 104 (1 ) 5 — 109 (1 ) CDO/ABS 71 — — — 71 — Total bonds 1,258 (26 ) 14 — 1,272 (26 ) Preferred stock 2 — 6 (1 ) 8 (1 ) Common stock 16 — — — 16 — Other long-term investments 1 — — — 1 — Total $ 1,277 $ (26 ) $ 20 $ (1 ) $ 1,297 $ (27 ) * Unrealized losses on certain available-for-sale securities were less than $ 1 million and, therefore, are not quantified in the table above.
Other than temporary impairment, credit losses recognized in earnings	Changes in the cumulative amount of credit losses (recognized in earnings) on other-than-temporarily impaired available-for-sale securities were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Balance at beginning of period $ 2 $ 1 $ 2 $ 1 Reductions: Realized due to dispositions with no prior intention to sell 2 — 2 — Balance at end of period $ — $ 1 $ — $ 1
Schedule of contractual maturities of fixed-maturity available-for-sale securities	Contractual maturities of fixed-maturity available-for-sale securities at June 30, 2016 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 $ 128 $ 128 Due after 1 year through 5 years 590 583 Due after 5 years through 10 years 406 391 Due after 10 years 183 179 Mortgage-backed, asset-backed, and collateralized securities 270 268 Total $ 1,577 $ 1,549
Schedule of fair value of trading securities by type	The fair value of trading and other securities by type was as follows: (dollars in millions) June 30, December 31, Fixed maturity trading and other securities: Bonds: Non-U.S. government and government sponsored entities $ 3 $ 3 Corporate debt 117 124 Mortgage-backed, asset-backed, and collateralized: RMBS 1 2 CMBS 2 2 Total bonds 123 131 Preferred stock 6 6 Total * $ 129 $ 137 * The fair value of other securities totaled $129 million at June 30, 2016 and $128 million at December 31, 2015 .
Available-for-sale Securities [Member]
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 proceeds 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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Proceeds from sales and redemptions $ 174 $ 130 $ 287 $ 206 Realized gains $ 5 $ 4 $ 7 $ 11 Realized losses (1 ) — (1 ) (1 ) Net realized gains $ 4 $ 4 $ 6 $ 10
Trading Securities [Member]
Investment securities
Schedule of net unrealized and realized gains (losses) on trading securities	The net unrealized and realized gains (losses) on our trading and other securities, which we report in investment revenues, were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Net unrealized gains on trading and other securities held at period end $ 5 $ 1 $ 8 $ 4 Net realized losses on trading and other securities sold or redeemed — (1 ) — (1 ) Total $ 5 $ — $ 8 $ 3

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of principal maturities of long-term debt by type of debt	Principal maturities of long-term debt (excluding projected repayments on securitizations and revolving conduit facilities by period) by type of debt at June 30, 2016 were as follows: Senior Debt (dollars in millions) Securitizations Revolving Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.41% - 6.94% 1.90% - 2.29% 5.25% - 8.25% 6.00 % Third quarter 2016 $ — $ — $ 375 $ — $ 375 Fourth quarter 2016 — — — — — First quarter 2017 — — — — — Second quarter 2017 — — — — — Remainder of 2017 — — 1,289 — 1,289 2018 — — — — — 2019 — — 1,400 — 1,400 2020 — — 1,300 — 1,300 2021-2067 — — 1,750 350 2,100 Securitizations (b) 7,990 — — — 7,990 Revolving conduit facilities (b) — 325 — — 325 Total principal maturities $ 7,990 $ 325 $ 6,114 $ 350 $ 14,779 Total carrying amount (c) $ 7,976 $ 325 $ 5,889 $ 172 $ 14,362 Debt issuance costs (d) $ (16 ) $ — $ (16 ) $ — $ (32 ) (a) The interest rates shown are the range of contractual rates in effect at June 30, 2016 . (b) Securitizations and borrowings under revolving conduit facilities 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 and revolving conduit facilities. (c) The carrying amount of our long-term debt associated with certain securitizations that were (i) issued at a premium or discount, (ii) revalued at a premium or discount based on its fair value at the time of the OneMain Acquisition or the Fortress Acquisition or (iii) 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) Debt issuance costs are reported as a direct deduction from long-term debt, with the exception of debt issuance costs associated with our revolving conduit facilities, which totaled $20 million at June 30, 2016 and are reported in other assets and are excluded from the table above.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2016
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) June 30, December 31, Assets Cash and cash equivalents $ 3 $ 11 Finance receivables: Personal loans 10,124 11,448 SpringCastle Portfolio — 1,703 Allowance for finance receivable losses 439 431 Finance receivables held for sale — 435 Restricted cash and cash equivalents 541 663 Other assets 55 48 Liabilities Long-term debt $ 8,300 $ 11,654 Other liabilities 14 17
Schedule of Line of Credit Facilities	As of June 30, 2016 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Note Maximum Amount Revolving Springleaf First Avenue Funding LLC (a) $ 250 $ — June 2018 Midbrook 2013-VFN1 Trust (b) 300 — February 2018 Mill River 2015-VFN1 Trust (c) 100 — May 2018 Second Avenue Funding LLC 250 — June 2018 Springleaf 2013-VFN1 Trust (d) 850 50 January 2018 Sumner Brook 2013-VFN1 Trust 350 275 January 2018 Whitford Brook 2014-VFN1 Trust (e) 250 — June 2018 OneMain OneMain Financial B3 Warehouse Trust 350 — January 2019 OneMain Financial B4 Warehouse Trust 750 — February 2019 OneMain Financial B5 Warehouse Trust (f) 550 — February 2019 OneMain Financial B6 Warehouse Trust (g) 750 — February 2019 Total $ 4,750 $ 325 (a) First Avenue Funding LLC. On June 30, 2016, we amended the note purchase agreement with the First Avenue Funding LLC (“First Avenue”) to extend the revolving period ending in March 2018 to June 2018. Following the revolving period, the principal amount of the notes, if any, will be reduced as cash payments are received on the underlying auto secured personal loans and will be due and payable in full 12 months following the maturity of the last auto secured personal loan held by First Avenue. (b) Midbrook 2013-VFN1 Trust. On February 24, 2016, we amended the note purchase agreement with the Midbrook Funding Trust 2013-VFN1 to (i) extend the revolving period ending in June 2016 to February 2018 and (ii) decrease the maximum principal balance from $300 million to $250 million on February 24, 2017. 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 the 36 th month following the end of the revolving period. (c) Mill River 2015-VFN1 Trust. On January 21, 2016, we amended the note purchase agreement with the Mill River 2015-VFN1 Trust to decrease the maximum principal balance from $400 million to $100 million . (d) Springleaf 2013-VFN1 Trust. On January 21, 2016, we amended the note purchase agreement with the Springleaf 2013-VFN1 Trust to (i) increase the maximum principal balance from $350 million to $850 million and (ii) extend the revolving period ending in April 2017 to January 2018, which may be extended to January 2019, subject to satisfaction of customary conditions precedent. 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 the 36 th month following the end of the revolving period. (e) Whitford Brook 2014-VFN1 Trust. On February 24, 2016, we amended the note purchase agreement with the Whitford Brook Funding Trust 2014-VFN1 (the “Whitford Brook 2014-VFN1 Trust”) to extend the revolving period ending in June 2017 to June 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 the 12 th month following the end of the revolving period. (f) OneMain Financial B5 Warehouse Trust. On March 21, 2016, we refinanced the OneMain Financial B1 Warehouse Trust into OneMain Financial B5 Warehouse Trust with the same unaffiliated financial institutions that provided committed financing on a revolving basis for personal loans originated by OMFH’s subsidiaries. The maximum principal balance under the new facility is $550 million . The aggregate maximum capacity for this facility is subject to a scheduled reduction of $100 million on January 21, 2017 and a further reduction of $100 million on January 21, 2018. (g) OneMain Financial B6 Warehouse Trust. On March 21, 2016, we refinanced the OneMain Financial B2 Warehouse Trust into OneMain Financial B6 Warehouse Trust with the same unaffiliated financial institutions that provided committed financing on a revolving basis for personal loans originated by OMFH’s subsidiaries. The maximum principal balance under the new facility is $750 million .

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Numerator (basic and diluted): Net income (loss) attributable to OneMain Holdings, Inc. $ 26 $ (12 ) $ 163 $ (10 ) Denominator: Weighted average number of shares outstanding (basic) 134,728,465 127,411,208 134,711,612 121,253,548 Effect of dilutive securities * 224,527 — 218,758 — Weighted average number of shares outstanding (diluted) 134,952,992 127,411,208 134,930,370 121,253,548 Earnings (loss) per share: Basic $ 0.19 $ (0.09 ) $ 1.21 $ (0.08 ) Diluted $ 0.19 $ (0.09 ) $ 1.21 $ (0.08 ) * We have excluded the following shares in the diluted earnings (loss) per share calculation for the three and six months ended June 30, 2016 and 2015 because these shares would be anti-dilutive, which could impact the earnings (loss) per share calculation in the future: • 576,222 and 593,331 performance-based shares and 997,592 and 490,464 service-based shares for the three months ended June 30, 2016 and 2015 , respectively; and • 577,827 and 593,331 performance-based shares and 1,004,726 and 447,825 service-based shares for the six months ended June 30, 2016 and 2015 , respectively.

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of changes in accumulated other comprehensive income	Changes, net of tax, in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains (Losses) Available-for-Sale Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended June 30, 2016 Balance at beginning of period $ 2 $ (19 ) $ 4 $ (13 ) Other comprehensive income before reclassifications 21 — — 21 Reclassification adjustments from accumulated other comprehensive income (loss) (3 ) — — (3 ) Balance at end of period $ 20 $ (19 ) $ 4 $ 5 Three Months Ended June 30, 2015 Balance at beginning of period $ 11 $ (13 ) $ 5 $ 3 Other comprehensive loss before reclassifications (6 ) — (1 ) (7 ) Reclassification adjustments from accumulated other comprehensive income (loss) (3 ) — — (3 ) Balance at end of period $ 2 $ (13 ) $ 4 $ (7 ) Six Months Ended June 30, 2016 Balance at beginning of period $ (14 ) $ (19 ) $ — $ (33 ) Other comprehensive income before reclassifications 38 — 4 42 Reclassification adjustments from accumulated other comprehensive income (loss) (4 ) — — (4 ) Balance at end of period $ 20 $ (19 ) $ 4 $ 5 Six Months Ended June 30, 2015 Balance at beginning of period $ 12 $ (13 ) $ 4 $ 3 Other comprehensive loss before reclassifications (3 ) — — (3 ) Reclassification adjustments from accumulated other comprehensive income (loss) (7 ) — — (7 ) Balance at end of period $ 2 $ (13 ) $ 4 $ (7 )
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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Unrealized gains on investment securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 4 $ 4 $ 6 $ 10 Income tax effect (1 ) (1 ) (2 ) (3 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ 3 $ 3 $ 4 $ 7

Contingencies Sale Recourse Obl

Contingencies Sale Recourse Obligations - Reserve Activity (Tables)	6 Months Ended
	Jun. 30, 2016
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 primarily associated with the real estate loan sales during 2014 was as follows: Three Months Ended June 30, Six Months Ended June 30, (dollars in millions) 2016 2015 2016 2015 Balance at beginning of period $ 15 $ 24 $ 15 $ 24 Recourse losses — (5 ) — (5 ) Provision for recourse obligations, net of recoveries * — (1 ) — (1 ) Balance at end of period $ 15 $ 18 $ 15 $ 18 * Reflects the elimination of the reserve associated with other prior sales of finance receivables.

Benefit Plans (Tables)

Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2016
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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Components of net periodic benefit cost - pension plans: Interest cost $ 4 $ 4 $ 8 $ 8 Expected return on assets (4 ) (4 ) (8 ) (9 ) Net periodic benefit cost $ — $ — $ — $ (1 )

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
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 Acquisitions Real Other Eliminations Segment to Consolidated Three Months Ended Interest income $ 831 $ — $ 15 $ 1 $ — $ (106 ) $ 741 Interest expense 185 — 14 1 — 14 214 Provision for finance receivable losses 213 — 2 — — (1 ) 214 Net interest income (loss) after provision for finance receivable losses 433 — (1 ) — — (119 ) 313 Other revenues 175 13 (7 ) — — (16 ) 165 Acquisition-related transaction and integration expenses 17 1 — 6 — (3 ) 21 Other expenses 385 11 6 3 — 10 415 Income (loss) before provision for (benefit from) income taxes $ 206 $ 1 $ (14 ) $ (9 ) $ — $ (142 ) $ 42 Three Months Ended Interest income $ 269 $ 118 $ 17 $ 3 $ — $ 3 $ 410 Interest expense 36 22 59 22 — 32 171 Provision for finance receivable losses 54 18 (5 ) 1 — 6 74 Net interest income (loss) after provision for finance receivable losses 179 78 (37 ) (20 ) — (35 ) 165 Other revenues 56 13 3 — (13 ) (4 ) 55 Acquisition-related transaction and integration expenses — — — 12 — — 12 Other expenses 159 26 9 13 (13 ) 1 195 Income (loss) before provision for (benefit from) income taxes 76 65 (43 ) (45 ) — (40 ) 13 Income before provision for income taxes attributable to non-controlling interests — 33 — — — — 33 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 76 $ 32 $ (43 ) $ (45 ) $ — $ (40 ) $ (20 ) (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Segment to GAAP Adjustment Consolidated Total At or for the Six Months Ended Interest income $ 1,680 $ 102 $ 30 $ 2 $ — $ (242 ) $ 1,572 Interest expense 360 20 27 1 — 32 440 Provision for finance receivable losses 445 14 4 — — (52 ) 411 Net interest income (loss) after provision for finance receivable losses 875 68 (1 ) 1 — (222 ) 721 Net gain on sale of SpringCastle interests — 167 — — — — 167 Other revenues 316 24 (18 ) — (11 ) (10 ) 301 Acquisition-related transaction and integration expenses 45 1 — 15 — (7 ) 54 Other expenses 773 37 13 (1 ) (11 ) 30 841 Income (loss) before provision for (benefit from) income taxes 373 221 (32 ) (13 ) — (255 ) 294 Income before provision for income taxes attributable to non-controlling interests — 28 — — — — 28 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 373 $ 193 $ (32 ) $ (13 ) $ — $ (255 ) $ 266 Assets $ 11,153 $ 5 $ 634 $ 303 $ 4,315 $ 2,134 $ 18,544 At or for the Six Months Ended Interest income $ 525 $ 242 $ 35 $ 5 $ — $ 6 $ 813 Interest expense 76 45 119 32 (5 ) 62 329 Provision for finance receivable losses 110 38 (3 ) 1 — 8 154 Net interest income (loss) after provision for finance receivable losses 339 159 (81 ) (28 ) 5 (64 ) 330 Other revenues 107 32 6 — (32 ) (6 ) 107 Acquisition-related transaction and integration expenses — — — 15 — — 15 Other expenses 305 55 16 15 (27 ) 2 366 Income (loss) before provision for (benefit from) income taxes 141 136 (91 ) (58 ) — (72 ) 56 Income before provision for income taxes attributable to non-controlling interests — 66 — — — — 66 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 141 $ 70 $ (91 ) $ (58 ) $ — $ (72 ) $ (10 ) Assets * $ 5,071 $ 1,974 $ 3,541 $ 2,538 $ — $ 79 $ 13,203 * In connection with our policy integration with OneMain, we report unearned insurance premium and claim reserves related to finance receivables (previously reported in insurance claims and policyholder liabilities) as a contra-asset to net finance receivables, which totaled $230 million at June 30, 2015 .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
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 June 30, 2016 Assets Cash and cash equivalents $ 685 $ 57 $ — $ 742 $ 742 Investment securities 35 1,702 7 1,744 1,744 Net finance receivables, less allowance for finance receivable losses — — 13,495 13,495 13,149 Finance receivables held for sale — — 426 426 420 Restricted cash and cash equivalents 550 — — 550 550 Other assets: Commercial mortgage loans — — 50 50 50 Escrow advance receivable — — 10 10 10 Receivables related to sales of real estate loans and related trust assets — 1 — 1 5 Liabilities Long-term debt $ — $ 14,515 $ — $ 14,515 $ 14,362 December 31, 2015 Assets Cash and cash equivalents $ 939 $ — $ — $ 939 $ 939 Investment securities 36 1,829 2 1,867 1,867 Net finance receivables, less allowance for finance receivable losses — — 15,943 15,943 14,967 Finance receivables held for sale — — 819 819 793 Restricted cash and cash equivalents 676 — — 676 676 Other assets: Commercial mortgage loans — — 62 62 62 Escrow advance receivable — — 11 11 11 Receivables related to sales of real estate loans and related trust assets — 1 — 1 5 Liabilities Long-term debt $ — $ 17,616 $ — $ 17,616 $ 17,300
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 June 30, 2016 Assets Cash equivalents in mutual funds $ 200 $ — $ — $ 200 Cash equivalents securities — 57 — 57 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 67 — 67 Obligations of states, municipalities, and political subdivisions — 138 — 138 Non-U.S. government and government sponsored entities — 119 — 119 Corporate debt — 982 1 983 RMBS — 85 — 85 CMBS — 116 — 116 CDO/ABS — 69 — 69 Total bonds — 1,576 1 1,577 Preferred stock 8 7 — 15 Common stock 21 — — 21 Other long-term investments — — 1 1 Total available-for-sale securities * 29 1,583 2 1,614 Other securities: Bonds: Non-U.S. government and government sponsored entities — 3 — 3 Corporate debt — 113 4 117 RMBS — 1 — 1 CMBS — 2 — 2 Total bonds — 119 4 123 Preferred stock 6 — — 6 Total other securities 6 119 4 129 Total investment securities 35 1,702 6 1,743 Restricted cash in mutual funds 154 — — 154 Total $ 389 $ 1,759 $ 6 $ 2,154 * 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 June 30, 2016 , which is carried at cost. Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 December 31, 2015 Assets Cash equivalents in mutual funds $ 240 $ — $ — $ 240 Investment securities: Available-for-sale securities: Bonds: U.S. government and government sponsored entities — 111 — 111 Obligations of states, municipalities, and political subdivisions — 140 — 140 Non-U.S. government and government sponsored entities — 126 — 126 Corporate debt — 999 — 999 RMBS — 128 — 128 CMBS — 116 — 116 CDO/ABS — 71 — 71 Total bonds — 1,691 — 1,691 Preferred stock 6 7 — 13 Common stock 23 — — 23 Other long-term investments — — 2 2 Total available-for-sale securities (a) 29 1,698 2 1,729 Trading and other securities: Bonds: Non-U.S. government and government sponsored entities — 3 — 3 Corporate debt — 124 — 124 RMBS — 2 — 2 CMBS — 2 — 2 Total bonds — 131 — 131 Preferred stock 6 — — 6 Total trading and other securities (b) 6 131 — 137 Total investment securities 35 1,829 2 1,866 Restricted cash in mutual funds 277 — — 277 Total $ 552 $ 1,829 $ 2 $ 2,383 (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 December 31, 2015 , which is carried at cost. (b) The fair value of other securities totaled $128 million at December 31, 2015 .
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: Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into (b) Transfers (c) Balance Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Three Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ — $ — $ — $ — $ 1 $ — $ 1 Other long-term investments 2 — (1 ) — — — 1 Total available-for-sale securities 2 — (1 ) — 1 — 2 Trading securities: Bonds: Corporate debt — — — — 4 — 4 Total $ 2 $ — $ (1 ) $ — $ 5 $ — $ 6 Three Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — Other long-term investments 1 — — — — — 1 Total $ 5 $ — $ — $ (4 ) $ — $ — $ 1 Six Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ — $ — $ — $ — $ 1 $ — $ 1 Other long-term investments 2 — (1 ) — — — 1 Total available-for-sale securities 2 — (1 ) — 1 — 2 Trading securities: Bonds: Corporate debt — — — — 4 — 4 Total $ 2 $ — $ (1 ) $ — $ 5 $ — $ 6 Six Months Ended Investment securities: Available-for-sale securities: Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — CMBS 3 — — — — (3 ) — Total bonds 7 — — (4 ) — (3 ) — Other long-term investments 1 — — — — — 1 Total $ 8 $ — $ — $ (4 ) $ — $ (3 ) $ 1 (a) “Purchases, sales, issues, and settlements” column consisted only of settlements for the three and six months of June 30, 2015 . (b) During the three and six months ended June 30, 2016 , we transferred corporate debt securities totaling $5 million into Level 3, primarily related to the reduced observability of pricing inputs. (c) During the six months ended June 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 was reasonably available to us at June 30, 2016 and December 31, 2015 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input June 30, 2016 December 31, 2015 Corporate debt Discounted cash flows Yield 4.56% - 10.64% (5.81%) — RMBS Discounted cash flows Spread — 665 bps (a) Other long-term investments Discounted cash flows and indicative valuations Historical costs Nature of investment Local market conditions Comparables Operating performance Recent financing activity (b) (b) (a) At December 31, 2015 , RMBS consisted of one bond, which was less than $1 million . (b) 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.
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 June 30, 2016 Assets Finance receivables held for sale $ — $ — $ 163 $ 163 Real estate owned — — 8 8 Commercial mortgage loans — — 8 8 Total $ — $ — $ 179 $ 179 December 31, 2015 Assets Real estate owned $ — $ — $ 11 $ 11 Commercial mortgage loans — — 8 8 Total $ — $ — $ 19 $ 19 * The fair value information presented in the table 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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Assets Finance receivables held for sale $ 5 $ — $ 5 $ — Real estate owned — 1 1 2 Commercial mortgage loans — (2 ) 1 (2 ) Total $ 5 $ (1 ) $ 7 $ —
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 June 30, 2016 and December 31, 2015 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input June 30, 2016 December 31, 2015 Finance receivables held for sale Income approach Market value for similar type loan transactions to obtain a price point * * Real estate owned Market approach Third-party valuation * * Commercial mortgage loans Market approach Income approach Cost approach Local market conditions Nature of investment Comparable property sales Operating performance * * * We applied the third-party exception which allows us to omit certain quantitative disclosures about unobservable inputs for the assets measured at fair value on a non-recurring basis included in the table above. As a result, the weighted average ranges of the inputs for these assets are not applicable.

Business and Basis of Present40

Business and Basis of Presentation - Ownership (Details)	Jun. 30, 2016	Mar. 31, 2016	Apr. 01, 2013
Majority Shareholder
Schedule of Equity Method Investments [Line Items]
Ownership percentage by related party	58.00%	58.00%
Corporate Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage		47.00%	47.00%

Business and Basis of Present41

Business and Basis of Presentation - Business (Details) - USD ($) $ in Millions	Jun. 30, 2016	Nov. 15, 2015
OneMain
Business Acquisition [Line Items]
Aggregate Purchase Price	$ 4,455	$ 4,500

Business and Basis of Present42

Business and Basis of Presentation - Change in Accounting Policy (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Apr. 01, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]
Shareholders’ equity attributable to OMH	$ 3,020		$ 2,809	$ 2,061	$ 1,618
Finance receivables past due period	60 days
Adjustments
Financing Receivable, Impaired [Line Items]
Shareholders’ equity attributable to OMH		$ 42	$ 58	$ 36	$ 78

Business and Basis of Present43

Business and Basis of Presentation - Change in Accounting Policy - Effect on the Change (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Apr. 01, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income (loss) before provision for (benefit from) income taxes	$ 42	$ 252	$ 13	$ 43	$ 294	$ 56	$ (226)	$ 861	$ 157
Net income (loss) attributable to OneMain Holdings, Inc.	$ 26	$ 137	$ (12)	$ 2	$ 163	$ (10)	$ (220)	$ 463	$ 8
Earnings (loss) per share - basic (in dollars per share)	$ 0.19	$ 1.02	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.03	$ 0.07
Earnings (loss) per share - diluted (in dollars per share)	$ 0.19	$ 1.01	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.02	$ 0.07
Shareholders’ equity attributable to OMH	$ 3,020				$ 3,020		$ 2,809	$ 2,061	$ 1,618
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income (loss) before provision for (benefit from) income taxes		$ 275	$ 11	$ 38		$ 49	(269)	905	78
Net income (loss) attributable to OneMain Holdings, Inc.		$ 153	$ (12)	$ 0		$ (12)	$ (242)	$ 505	$ (19)
Earnings (loss) per share - basic (in dollars per share)		$ 1.14	$ (0.09)	$ 0		$ (0.10)	$ (1.89)	$ 4.40	$ (0.19)
Earnings (loss) per share - diluted (in dollars per share)		$ 1.13	$ (0.09)	$ 0		$ (0.10)	$ (1.89)	$ 4.38	$ (0.19)
Shareholders’ equity attributable to OMH							$ 2,751	$ 2,025	$ 1,540
Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income (loss) before provision for (benefit from) income taxes		$ (23)	$ 2	$ 5		$ 7	43	(44)	79
Net income (loss) attributable to OneMain Holdings, Inc.		$ (16)	$ 0	$ 2		$ 2	$ 22	$ (42)	$ 27
Earnings (loss) per share - basic (in dollars per share)		$ (0.12)		$ 0.01			$ 0.17	$ (0.37)	$ 0.26
Earnings (loss) per share - diluted (in dollars per share)		$ (0.12)		$ 0.01			$ 0.17	$ (0.36)	$ 0.26
Shareholders’ equity attributable to OMH							$ 58	$ 36	$ 78	$ 42

Business and Basis of Present44

Business and Basis of Presentation - Change in Accounting Policy - Revised Condensed Consolidated Balance Sheet (Details) - USD ($) $ in Millions	Jun. 30, 2016	Apr. 01, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets
Cash and cash equivalents	$ 742			$ 939	$ 3,594		$ 879
Investment securities	1,744			1,867
Personal loans	13,532			13,295
SpringCastle Portfolio	0			1,703
Real estate loans	209			538
Retail sales finance	16			23
Net finance receivables	13,757			15,559
Unearned insurance premium and claim reserves	(618)			(662)
Allowance for finance receivable losses	(608)		$ (636)	(592)	(186)	$ (183)	(182)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	12,531			14,305
Finance receivables held for sale	420			793
Restricted cash and cash equivalents	550			676
Goodwill	1,422			1,440
Other intangible assets	523			559
Other assets	612			611
Total assets	18,544			21,190	13,203
Liabilities and Shareholders' Equity
Long-term debt	14,362			17,300
Insurance claims and policyholder liabilities	767			747
Deferred and accrued taxes	11			29
Other liabilities	384			384
Total liabilities	15,524			18,460
Equity [Abstract]
Common stock, par value $.01 per share; 2,000,000,000 shares authorized, 134,753,304 and 134,494,172 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	1			1
Additional paid-in capital	1,543			1,533
Accumulated other comprehensive income (loss)	5		$ (13)	(33)	(7)	$ 3	3
Retained earnings	1,471			1,308
OneMain Holdings, Inc. shareholders’ equity	3,020			2,809			2,061	$ 1,618
Non-controlling interests	0			(79)
Total shareholders’ equity	3,020			2,730	2,932		1,932
Total liabilities and shareholders’ equity	$ 18,544			21,190
As Reported
Assets
Cash and cash equivalents				939	3,594		879
Investment securities				1,867
Personal loans				13,267
SpringCastle Portfolio				1,576
Real estate loans				524
Retail sales finance				23
Net finance receivables				15,390
Unearned insurance premium and claim reserves				(662)
Allowance for finance receivable losses				(587)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses				14,141
Finance receivables held for sale				796
Restricted cash and cash equivalents				676
Goodwill				1,440
Other intangible assets				559
Other assets				638
Total assets				21,056
Liabilities and Shareholders' Equity
Long-term debt				17,300
Insurance claims and policyholder liabilities				747
Deferred and accrued taxes				20
Other liabilities				384
Total liabilities				18,451
Equity [Abstract]
Common stock, par value $.01 per share; 2,000,000,000 shares authorized, 134,753,304 and 134,494,172 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively				1
Additional paid-in capital				1,533
Accumulated other comprehensive income (loss)				(33)
Retained earnings				1,250
OneMain Holdings, Inc. shareholders’ equity				2,751			2,025	1,540
Non-controlling interests				(146)
Total shareholders’ equity				2,605
Total liabilities and shareholders’ equity				21,056
Adjustments
Assets
Cash and cash equivalents				0	0		0
Investment securities				0
Personal loans				28
SpringCastle Portfolio				127
Real estate loans				14
Retail sales finance				0
Net finance receivables				169
Unearned insurance premium and claim reserves				0	$ (230)
Allowance for finance receivable losses				(5)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses				164
Finance receivables held for sale				(3)
Restricted cash and cash equivalents				0
Goodwill				0
Other intangible assets				0
Other assets				(27)
Total assets				134
Liabilities and Shareholders' Equity
Long-term debt				0
Insurance claims and policyholder liabilities				0
Deferred and accrued taxes				9
Other liabilities				0
Total liabilities				9
Equity [Abstract]
Common stock, par value $.01 per share; 2,000,000,000 shares authorized, 134,753,304 and 134,494,172 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively				0
Additional paid-in capital				0
Accumulated other comprehensive income (loss)				0
Retained earnings				58
OneMain Holdings, Inc. shareholders’ equity		$ 42		58			$ 36	$ 78
Non-controlling interests				67
Total shareholders’ equity				125
Total liabilities and shareholders’ equity				$ 134

Business and Basis of Present45

Business and Basis of Presentation - Change in Accounting Policy - Revised Condensed Consolidated Statements of Operations (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Finance charges	$ 723		$ 406		$ 1,508	$ 805
Finance receivables held for sale originated as held for investment	18		4		64	8
Total interest income	741		410		1,572	813
Interest expense	214		171		440	329
Net interest income	527		239		1,132	484
Provision for finance receivable losses	214		74		411	154
Net interest income after provision for finance receivable losses	313		165		721	330
Other revenues:
Insurance	114		40		228	76
Investment	24		16		44	33
Other	18		(1)		23	(2)
Total other revenues	165		55		468	107
Operating expenses:
Salaries and benefits	192		112		406	205
Acquisition-related transaction and integration expenses	21		12		54	15
Other operating expenses	177		63		344	125
Insurance policy benefits and claims	46		20		91	36
Total other expenses	436		207		895	381
Income before provision for (benefit from) income taxes	42	$ 252	13	$ 43	294	56	$ (226)	$ 861	$ 157
Provision for (benefit from) income taxes	16		(8)		103	0
Net income	26		21		191	56
Net income attributable to non-controlling interests	0		33		28	66
Net income (loss) attributable to OneMain Holdings, Inc.	$ 26	$ 137	$ (12)	$ 2	$ 163	$ (10)	$ (220)	$ 463	$ 8
Weighted average number of shares outstanding - basic (in shares)	134,728,465		127,411,208		134,711,612	121,253,548
Weighted average number of shares outstanding - diluted (in shares)	134,952,992		127,411,208		134,930,370	121,253,548
Earnings (loss) per share - basic (in dollars per share)	$ 0.19	$ 1.02	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.03	$ 0.07
Earnings (loss) per share - diluted (in dollars per share)	$ 0.19	$ 1.01	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.02	$ 0.07
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Finance charges			$ 408			$ 810
Finance receivables held for sale originated as held for investment			5			9
Total interest income			413			819
Interest expense			171			329
Net interest income			242			490
Provision for finance receivable losses			80			167
Net interest income after provision for finance receivable losses			162			323
Other revenues:
Insurance			40			76
Investment			16			33
Other			0			(2)
Total other revenues			56			107
Operating expenses:
Salaries and benefits			112			205
Acquisition-related transaction and integration expenses			12			15
Other operating expenses			63			125
Insurance policy benefits and claims			20			36
Total other expenses			207			381
Income before provision for (benefit from) income taxes		$ 275	11	$ 38		49	$ (269)	$ 905	$ 78
Provision for (benefit from) income taxes			(8)			(1)
Net income			19			50
Net income attributable to non-controlling interests			31			62
Net income (loss) attributable to OneMain Holdings, Inc.		$ 153	$ (12)	$ 0		$ (12)	$ (242)	$ 505	$ (19)
Weighted average number of shares outstanding - basic (in shares)			127,411,208			121,253,548
Weighted average number of shares outstanding - diluted (in shares)			127,411,208			121,253,548
Earnings (loss) per share - basic (in dollars per share)		$ 1.14	$ (0.09)	$ 0		$ (0.10)	$ (1.89)	$ 4.40	$ (0.19)
Earnings (loss) per share - diluted (in dollars per share)		$ 1.13	$ (0.09)	$ 0		$ (0.10)	$ (1.89)	$ 4.38	$ (0.19)
Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Finance charges			$ (2)			$ (5)
Finance receivables held for sale originated as held for investment			(1)			(1)
Total interest income			(3)			(6)
Interest expense			0			0
Net interest income			(3)			(6)
Provision for finance receivable losses			(6)			(13)
Net interest income after provision for finance receivable losses			3			7
Other revenues:
Insurance			0			0
Investment			0			0
Other			(1)			0
Total other revenues			(1)			0
Operating expenses:
Salaries and benefits			0			0
Acquisition-related transaction and integration expenses			0			0
Other operating expenses			0			0
Insurance policy benefits and claims			0			0
Total other expenses			0			0
Income before provision for (benefit from) income taxes		$ (23)	2	$ 5		7	$ 43	$ (44)	$ 79
Provision for (benefit from) income taxes			0			1
Net income			2			6
Net income attributable to non-controlling interests			2			4
Net income (loss) attributable to OneMain Holdings, Inc.		$ (16)	$ 0	$ 2		$ 2	$ 22	$ (42)	$ 27
Earnings (loss) per share - basic (in dollars per share)		$ (0.12)		$ 0.01			$ 0.17	$ (0.37)	$ 0.26
Earnings (loss) per share - diluted (in dollars per share)		$ (0.12)		$ 0.01			$ 0.17	$ (0.36)	$ 0.26

Business and Basis of Present46

Business and Basis of Presentation - Change in Accounting Policy - Revised Condensed Consolidated Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities
Net income (loss)	$ 26	$ 21	$ 191	$ 56
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Provision for finance receivable losses	214	74	411	154
Depreciation and amortization			301	47
Deferred income tax benefit			22	(29)
Non-cash incentive compensation from Initial Stockholder			0	15
Share-based compensation expense, net of forfeitures			12	4
Other			(6)	(13)
Reconciling adjustments:
Other assets and other liabilities			(9)	(13)
Insurance claims and policyholder liabilities			(29)	13
Taxes receivable and payable			(74)	(28)
Accrued interest and finance charges			6	3
Net cash provided by operating activities			658	209
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale			(625)	(305)
Proceeds on sales of finance receivables held for sale originated as held for investment			624	74
Available-for-sale securities purchased			(263)	(209)
Trading and other securities purchased			(10)	(1,318)
Available-for-sale securities called, sold, and matured			454	223
Trading and other securities called, sold, and matured			26	1,963
Change in restricted cash and cash equivalents			47	(109)
Proceeds from sale of real estate owned			4	10
Net cash provided by investing activities			370	329
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions			3,476	1,829
Proceeds from issuance of common stock, net of offering costs			0	976
Repayments of long-term debt			(4,687)	(591)
Distributions to joint venture partners			(18)	(39)
Excess tax benefit from share-based compensation			3	2
Net cash provided by (used for) financing activities			(1,226)	2,177
Net change in cash and cash equivalents			(197)	2,715
Cash and cash equivalents at beginning of period			939	879
Cash and cash equivalents at end of period	$ 742	3,594	742	3,594
As Reported
Cash flows from operating activities
Net income (loss)		19		50
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Provision for finance receivable losses		80		167
Depreciation and amortization				41
Deferred income tax benefit				(30)
Non-cash incentive compensation from Initial Stockholder				15
Share-based compensation expense, net of forfeitures				4
Other				(13)
Reconciling adjustments:
Other assets and other liabilities				(13)
Insurance claims and policyholder liabilities				13
Taxes receivable and payable				(28)
Accrued interest and finance charges				3
Net cash provided by operating activities				209
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale				(305)
Proceeds on sales of finance receivables held for sale originated as held for investment				74
Available-for-sale securities purchased				(209)
Trading and other securities purchased				(1,318)
Available-for-sale securities called, sold, and matured				223
Trading and other securities called, sold, and matured				1,963
Change in restricted cash and cash equivalents				(109)
Proceeds from sale of real estate owned				10
Net cash provided by investing activities				329
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions				1,829
Proceeds from issuance of common stock, net of offering costs				976
Repayments of long-term debt				(591)
Distributions to joint venture partners				(39)
Excess tax benefit from share-based compensation				2
Net cash provided by (used for) financing activities				2,177
Net change in cash and cash equivalents				2,715
Cash and cash equivalents at beginning of period			939	879
Cash and cash equivalents at end of period		3,594		3,594
Adjustments
Cash flows from operating activities
Net income (loss)		2		6
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Provision for finance receivable losses		(6)		(13)
Depreciation and amortization				6
Deferred income tax benefit				1
Non-cash incentive compensation from Initial Stockholder				0
Share-based compensation expense, net of forfeitures				0
Other				0
Reconciling adjustments:
Other assets and other liabilities				0
Insurance claims and policyholder liabilities				0
Taxes receivable and payable				0
Accrued interest and finance charges				0
Net cash provided by operating activities				0
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale				0
Available-for-sale securities purchased				0
Trading and other securities purchased				0
Available-for-sale securities called, sold, and matured				0
Trading and other securities called, sold, and matured				0
Change in restricted cash and cash equivalents				0
Proceeds from sale of real estate owned				0
Net cash provided by investing activities				0
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions				0
Proceeds from issuance of common stock, net of offering costs				0
Repayments of long-term debt				0
Distributions to joint venture partners				0
Excess tax benefit from share-based compensation				0
Net cash provided by (used for) financing activities				0
Net change in cash and cash equivalents				0
Cash and cash equivalents at beginning of period			$ 0	0
Cash and cash equivalents at end of period		$ 0		$ 0

Significant Transactions -- On

Significant Transactions -- OneMain Acquisition Narrative (Details) $ in Millions	Jun. 30, 2016USD ($)	Nov. 15, 2015USD ($)	Nov. 13, 2015statebranch	Jun. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)
Business Acquisition [Line Items]
Acquired finance receivables, not credit impaired		$ 8,100
Acquired finance receivables, gross contractual amount, not credit impaired		11,600
Acquired finance receivables, estimated uncollectible, not credit impaired		2,200
OneMain
Business Acquisition [Line Items]
Aggregate Purchase Price	$ 4,455	4,500
Measurement period, finalizing purchase price accounting				1 year
Personal loans	$ 8,795			$ 8,795	$ 8,795
Number of branches to be divested | branch			127
Number of states where branches will be divested | state			11
Lendmark Sale | OneMain
Business Acquisition [Line Items]
Acquisition related costs				$ 54	$ 116
As Reported | OneMain
Business Acquisition [Line Items]
Aggregate Purchase Price		4,478
Personal loans		$ 8,801
Scenario, Forecast | Lendmark Sale | OneMain
Business Acquisition [Line Items]
Acquisition related costs						$ 275

Significant Transactions -- OM

Significant Transactions -- OM Purchase Price Allocation (Details) - USD ($) $ in Millions	Jun. 30, 2016	Nov. 15, 2015	Dec. 31, 2015	Mar. 31, 2016	Jun. 30, 2016
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Goodwill	$ 1,422		$ 1,440		$ 1,422
OneMain
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Cash consideration	4,455	$ 4,500
Cash and cash equivalents	958				958
Investment securities	1,294				1,294
Personal loans	8,795				8,795
Intangibles	558				558
Other assets	244				244
Long-term debt	(7,725)				(7,725)
Unearned premium, insurance policy and claims reserves	(936)				(936)
Other liabilities	(155)				(155)
Goodwill	$ 1,422				1,422
Adjustments
Discount of purchased credit impaired finance receivables, Purchased Accounting Adjustment				$ 64	64
Premium on purchased Performing Finance Receivables, Purchased accounting adjustment					58
Loan premium amortization, purchase accounting adjustment			7	15
Loan discount accretion, purchase accounting adjustment			1	$ 3
As Reported
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Goodwill			$ 1,440
As Reported | OneMain
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Cash consideration		4,478
Cash and cash equivalents		958
Investment securities		1,294
Personal loans		8,801
Intangibles		555
Other assets		247
Long-term debt		(7,725)
Unearned premium, insurance policy and claims reserves		(936)
Other liabilities		(156)
Goodwill		$ 1,440
Purchase Price Adjustments [Member] | OneMain
Adjustments
Cash consideration					(23)
Personal loans					(6)
Intangibles					3
Other assets					(3)
Other liabilities					$ 1

Significant Transactions -- O49

Significant Transactions -- OM Acquisition - Goodwill (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Goodwill [Roll Forward]
Balance at beginning of period	$ 1,440
Balance at end of period	1,422
Consumer and Insurance Segment
Goodwill [Roll Forward]
Balance at beginning of period	1,440
Adjustment to purchase price allocation	(18)
Balance at end of period	$ 1,422

Significant Transactions -- O50

Significant Transactions -- OM Pro Forma (Details) - OneMain - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Business acquisition, pro-forma interest income	$ 809	$ 1,604
Business acquisition, pro-forma net income (loss)	$ 24	$ 65

Significant Transactions -- Spr

Significant Transactions -- SpringCastle Interests Sale (Details) $ in Millions	Mar. 31, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Net finance receivables		$ 13,757			$ 13,757		$ 15,559
Net gain on sale of SpringCastle interests		$ 0	$ 167	$ 0	$ 167	$ 0
Majority Shareholder
Business Acquisition [Line Items]
Ownership percentage by related party	58.00%	58.00%	58.00%		58.00%
Spring Castle Portfolio [Member]
Business Acquisition [Line Items]
Number of loans acquired, more than							232,000
Net finance receivables		$ 0			$ 0		$ 1,703
SpringCastle Interests Sale
Business Acquisition [Line Items]
Ownership percentage	47.00%		47.00%
Aggregate purchase price	$ 112		$ 112
Cash paid for acquisition	101		101
Escrow advance receivable	$ 11		$ 11
Maximum number of days, to place the remaining funds in an escrow account	120 days
Maximum number of years, the amount must be left in the escrow account	5 years
Net gain on sale of SpringCastle interests	$ 167
SpringCastle Interests Sale | NRZ
Business Acquisition [Line Items]
Ownership percentage	30.00%		30.00%
SpringCastle Interests Sale | Blackstone Buyers
Business Acquisition [Line Items]
Ownership percentage	23.00%		23.00%

Significant Transactions -- SFC

Significant Transactions -- SFC's Offering of Senior Notes (Details) - Springleaf Finance Corporation $ in Millions	Apr. 11, 2016USD ($)
Senior Note 8.25%, due 2020 [Member] | Guaranty Agreements
Debt Instrument [Line Items]
Face amount of each issuance of debt	$ 1,000
Interest rates (as a percent)	8.25%
Senior Notes due 2017 | Senior Notes due 2017 | Beneficial Owners of Debt
Debt Instrument [Line Items]
Debt repurchase amount	$ 600

Significant Transactions -- Len

Significant Transactions -- Lendmark Sale (Details)	Nov. 13, 2015branch	Nov. 12, 2015USD ($)branch	Jun. 30, 2016	May 02, 2016USD ($)	Mar. 31, 2016USD ($)	Sep. 30, 2015USD ($)
Business Acquisition [Line Items]
Number of extensions			2
Number of Additional Months need in Extensions			3 months
OneMain
Business Acquisition [Line Items]
Number of branches divested | branch	127
Sale of Branches to Lendmark
Business Acquisition [Line Items]
Consideration, percent of aggregate unpaid loan balance		103.00%
Number of days to close	120 days
Number of extensions			2
Number of branches divested | branch		127
Aggregate purchase price				$ 624,000,000
Sale of Branches to Lendmark | Personal loans
Business Acquisition [Line Items]
Loans receivable held for sale						$ 608,000,000
Finance receivable, unpaid principal balance, to be sold					$ 600,000,000
Sale of Branches to Lendmark | Maximum
Business Acquisition [Line Items]
Purchase price threshold for limitations on sale		$ 695,000,000

Finance Receivables (Details)

Finance Receivables (Details) number in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Finance Receivables
Net finance receivables	$ 13,757	$ 15,559
Personal loans
Finance Receivables
Net finance receivables	13,532	13,295
Personal loans | Titled personal property
Finance Receivables
Amount of receivable secured by personal property	$ 13,500	$ 13,300
Personal loans | Consumer household goods or other items of personal property
Finance Receivables
Personal consumer Loans	2.2	2.2
Personal loans | Minimum
Finance Receivables
Finance receivables, original term (years)	3 years
Personal loans | Maximum
Finance Receivables
Finance receivables, original term (years)	6 years
Real estate loans
Finance Receivables
Net finance receivables	$ 209	$ 538
Real estate loans | Maximum
Finance Receivables
Finance receivables, original term (years)	360 months
Retail Sales Finance
Finance Receivables
Net finance receivables	$ 16	$ 23
Retail Sales Finance | Maximum
Finance Receivables
Finance receivables, original term (years)	60 months

Finance Receivables -- Net Fina

Finance Receivables -- Net Finance Receivables by Type (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	$ 15,742	$ 17,584
Unearned finance charges and points and fees	(2,204)	(2,263)
Accrued finance charges	146	182
Deferred origination costs	73	56
Net finance receivables	13,757	15,559
Personal loans	13,532	13,295
SpringCastle Portfolio	0	1,703
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	15,518	15,353
Unearned finance charges and points and fees	(2,204)	(2,261)
Accrued finance charges	145	147
Deferred origination costs	73	56
Net finance receivables	13,532	13,295
Personal loans | Consolidated VIEs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Personal loans	10,124	11,448
Spring Castle Portfolio [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables		1,672
Unearned finance charges and points and fees	0	0
Accrued finance charges		31
Deferred origination costs	0	0
Net finance receivables	0	1,703
Spring Castle Portfolio [Member] | Consolidated VIEs
Accounts, Notes, Loans and Financing Receivable [Line Items]
SpringCastle Portfolio	0	1,703
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	207	534
Unearned finance charges and points and fees	1
Accrued finance charges	1	4
Deferred origination costs	0	0
Net finance receivables	209	538
Retail Sales Finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	17	25
Unearned finance charges and points and fees	(1)	(2)
Accrued finance charges	0
Deferred origination costs	0	0
Net finance receivables	$ 16	$ 23

Finance Receivables -- Unused l

Finance Receivables -- Unused lines of credit (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due
Unused commitments to extend credit	$ 19	$ 397
Personal loans
Financing Receivable, Recorded Investment, Past Due
Unused commitments to extend credit	1	2
Spring Castle Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due
Unused commitments to extend credit	0	365
Real estate loans
Financing Receivable, Recorded Investment, Past Due
Unused commitments to extend credit	$ 18	$ 30

Finance Receivables -- Credit Q

Finance Receivables -- Credit Quality Indicators (Details)	6 Months Ended
	Jun. 30, 2016
Personal loans
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	90 days
Revolving Conduit Facilities
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	180 days

Finance Receivables -- Delinque

Finance Receivables -- Delinquent Finance Receivables (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Net finance receivables:
Net finance receivables	$ 13,757	$ 15,559
Total delinquent finance receivables	424	454
Current	$ 13,152	14,873
Personal loans
Delinquency by finance receivables type
Threshold period past due for write-off of financing receivable	90 days
Net finance receivables:
Net finance receivables	$ 13,532	13,295
Total delinquent finance receivables	387	348
Current	12,975	12,777
Spring Castle Portfolio [Member]
Net finance receivables:
Net finance receivables	0	1,703
Total delinquent finance receivables	0	66
Current	0	1,588
Real estate loans
Net finance receivables:
Net finance receivables	209	538
Total delinquent finance receivables	37	39
Current	162	486
Retail Sales Finance
Net finance receivables:
Net finance receivables	16	23
Total delinquent finance receivables	0	1
Current	$ 15	22
Unlikely to be Collected Financing Receivable
Delinquency by finance receivables type
Threshold period past due for write-off of financing receivable	60 days
60-89 days past due
Net finance receivables:
Net finance receivables	$ 130	172
60-89 days past due | Personal loans
Net finance receivables:
Net finance receivables	124	127
60-89 days past due | Spring Castle Portfolio [Member]
Net finance receivables:
Net finance receivables	0	26
60-89 days past due | Real estate loans
Net finance receivables:
Net finance receivables	6	19
60-89 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
90-119 days past due
Net finance receivables:
Net finance receivables	100	116
90-119 days past due | Personal loans
Net finance receivables:
Net finance receivables	96	97
90-119 days past due | Spring Castle Portfolio [Member]
Net finance receivables:
Net finance receivables	0	16
90-119 days past due | Real estate loans
Net finance receivables:
Net finance receivables	4	3
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	84	73
120-149 days past due | Personal loans
Net finance receivables:
Net finance receivables	81	58
120-149 days past due | Spring Castle Portfolio [Member]
Net finance receivables:
Net finance receivables	0	12
120-149 days past due | Real estate loans
Net finance receivables:
Net finance receivables	3	2
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	80	75
150-179 days past due | Personal loans
Net finance receivables:
Net finance receivables	77	62
150-179 days past due | Spring Castle Portfolio [Member]
Net finance receivables:
Net finance receivables	0	11
150-179 days past due | Real estate loans
Net finance receivables:
Net finance receivables	3	2
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	30	18
180 days or more past due | Personal loans
Net finance receivables:
Net finance receivables	9	4
180 days or more past due | Spring Castle Portfolio [Member]
Net finance receivables:
Net finance receivables	0	1
180 days or more past due | Real estate loans
Net finance receivables:
Net finance receivables	21	13
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	181	232
30-59 days past due | Personal loans
Net finance receivables:
Net finance receivables	170	170
30-59 days past due | Spring Castle Portfolio [Member]
Net finance receivables:
Net finance receivables	0	49
30-59 days past due | Real estate loans
Net finance receivables:
Net finance receivables	10	13
30-59 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	$ 1	$ 0

Finance Receivables -- Nonperfo

Finance Receivables -- Nonperforming Finance Receivables (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Performing and nonperforming net finance receivables by type
Net finance receivables	$ 13,757	$ 15,559
Personal loans
Performing and nonperforming net finance receivables by type
Threshold period past due for write-off of financing receivable	90 days
Net finance receivables	$ 13,532	13,295
Spring Castle Portfolio [Member]
Performing and nonperforming net finance receivables by type
Net finance receivables	0	1,703
Real estate loans
Performing and nonperforming net finance receivables by type
Net finance receivables	209	538
Retail Sales Finance
Performing and nonperforming net finance receivables by type
Net finance receivables	$ 16	23
Nonperforming
Performing and nonperforming net finance receivables by type
Threshold period past due for write-off of financing receivable	90 days
Performing
Performing and nonperforming net finance receivables by type
Net finance receivables	$ 13,463	15,277
Performing | Personal loans
Performing and nonperforming net finance receivables by type
Net finance receivables	13,269	13,074
Performing | Spring Castle Portfolio [Member]
Performing and nonperforming net finance receivables by type
Net finance receivables	0	1,663
Performing | Real estate loans
Performing and nonperforming net finance receivables by type
Net finance receivables	178	518
Performing | Retail Sales Finance
Performing and nonperforming net finance receivables by type
Net finance receivables	16	22
Nonperforming
Performing and nonperforming net finance receivables by type
Net finance receivables	294	282
Nonperforming | Personal loans
Performing and nonperforming net finance receivables by type
Net finance receivables	263	221
Nonperforming | Spring Castle Portfolio [Member]
Performing and nonperforming net finance receivables by type
Net finance receivables	0	40
Nonperforming | Real estate loans
Performing and nonperforming net finance receivables by type
Net finance receivables	31	20
Nonperforming | Retail Sales Finance
Performing and nonperforming net finance receivables by type
Net finance receivables	$ 0	$ 1

Finance Receivables -- Purchase

Finance Receivables -- Purchased credit impaired finance receivables HFI and HFS (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2016	Jun. 30, 2016	Dec. 31, 2015	Apr. 01, 2013
Financing Receivable, Impaired [Line Items]
Finance receivables held for sale		$ 420	$ 793
Carrying amount, net of allowance		530	1,097
Outstanding balance		729	1,537
Allowance for purchased credit impaired finance receivable losses		37	12
Corporate Joint Venture [Member]
Financing Receivable, Impaired [Line Items]
Ownership percentage	47.00%			47.00%
Personal loans
Financing Receivable, Impaired [Line Items]
Finance receivables held for sale			617
OM Loans
Financing Receivable, Impaired [Line Items]
Carrying amount, net of allowance		445	658
Outstanding balance		600	919
Allowance for purchased credit impaired finance receivable losses		29	0
SCP Loans
Financing Receivable, Impaired [Line Items]
Carrying amount, net of allowance		0	350
Outstanding balance		0	482
Allowance for purchased credit impaired finance receivable losses		0	0
FA Loans
Financing Receivable, Impaired [Line Items]
Carrying amount, net of allowance		85	89
Outstanding balance		129	136
Allowance for purchased credit impaired finance receivable losses		8	12
Purchased credit impaired finance receivables held for sale included in carrying amount		68	59
Purchased credit impaired finance receivables held for sale included in outstanding balance		103	$ 89
OneMain
Financing Receivable, Impaired [Line Items]
Discount of purchased credit impaired finance receivables, Purchased Accounting Adjustment	$ 64	$ 64

Finance Receivables -- Changes

Finance Receivables -- Changes in Accretable Yield for purchased credit impaired HFI and HFS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	$ 178	$ 485	$ 592	$ 506
Accretion	(19)	(22)	(61)	(45)
Other			(23)
Reclassifications (to) from nonaccretable difference	(11)	1	(1)	3
Transfer due to finance receivables sold			(359)
Balance at end of period	148	464	148	464
OM Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	104	0	151	0
Accretion	(17)	0	(41)	0
Other			(23)
Reclassifications (to) from nonaccretable difference	0	0	0	0
Transfer due to finance receivables sold			0
Balance at end of period	87	0	87	0
SCP Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	0	431	375	452
Accretion	0	(20)	(16)	(41)
Other			0
Reclassifications (to) from nonaccretable difference	0	0	0	0
Transfer due to finance receivables sold			(359)
Balance at end of period	0	411	0	411
FA Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	74	54	66	54
Accretion	(2)	(2)	(4)	(4)
Other			0
Reclassifications (to) from nonaccretable difference	(11)	1	(1)	3
Transfer due to finance receivables sold			0
Balance at end of period	61	53	61	53
Accretion held for sale	$ 1	$ 2	$ 2	$ 3

Finance Receivables -- TDR Fina

Finance Receivables -- TDR Finance Receivable HFI and HFS (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	$ 289,000,000	$ 260,000,000
TDR net finance receivables	290,000,000	260,000,000
Allowance for TDR finance receivable losses	48,000,000	55,000,000
TDR finance receivables held for sale	135,000,000	166,000,000
Commitment to lend additional funds on TDR finance receivables	0
Personal loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	88,000,000	46,000,000
TDR net finance receivables	88,000,000	46,000,000
Allowance for TDR finance receivable losses	36,000,000	17,000,000
Spring Castle Portfolio [Member]
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	0	14,000,000
TDR net finance receivables	0	13,000,000
Allowance for TDR finance receivable losses	0	4,000,000
Real estate loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	201,000,000	200,000,000
TDR net finance receivables	202,000,000	201,000,000
Allowance for TDR finance receivable losses	12,000,000	34,000,000
Personal Loans Held for sale
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	0	2,000,000
TDR finance receivables held for sale	0	2,000,000
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	154,000,000	92,000,000
TDR finance receivables held for sale	155,000,000	92,000,000
Total Finance Receivables Held for Sale
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	154,000,000	94,000,000
TDR finance receivables held for sale	$ 155,000,000	$ 94,000,000

Finance Receivables -- TDR aver

Finance Receivables -- TDR average net receivables HFI and HFS and finance charges recognized (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Consumer Portfolio Segment | Personal Loans Held for sale
Financing Receivable, Modifications [Line Items]
TDR average net receivables	$ 1	$ 0	$ 2	$ 0
TDR finance charges recognized	0	0	0	0
Consumer Portfolio Segment | Personal loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables	83	28	73	27
TDR finance charges recognized	2	1	3	2
Spring Castle Portfolio [Member] | Spring Castle Portfolio [Member]
Financing Receivable, Modifications [Line Items]
TDR average net receivables	0	12	0	11
TDR finance charges recognized	0	0	0	0
Real Estate | Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR average net receivables	112	91	102	91
TDR finance charges recognized	2	1	3	2
Real Estate | Real estate loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables	202	198	202	196
TDR finance charges recognized	3	3	6	6
Financing Receivable | Finance receivables Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR average net receivables	113	91	104	91
TDR finance charges recognized	2	1	3	2
Financing Receivable | Financing Receivable
Financing Receivable, Modifications [Line Items]
TDR average net receivables	285	238	275	234
TDR finance charges recognized	$ 5	$ 4	$ 9	$ 8

Finance Receivables -- New Volu

Finance Receivables -- New Volume of TDR HFI & HFS Finance Receivables (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)account	Jun. 30, 2015USD ($)account	Jun. 30, 2016USD ($)account	Jun. 30, 2015USD ($)account
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 56	$ 15	$ 111	$ 30
Rate reduction	52	10	102	21
Other	3	5	7	8
Post-modification TDR net finance receivables	$ 55	$ 15	$ 109	$ 29
Number of TDR accounts | account	6,825	1,791	13,987	3,928
Personal Loans Held for sale
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 0	$ 0	$ 0	$ 0
Post-modification TDR net finance receivables	$ 0	$ 0	$ 0	$ 0
Number of TDR accounts | account	46	0	174	0
Personal Loans Held for sale | Not qualified for disclosure, due to less than $1 million
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 1		$ 1
Post-modification TDR net finance receivables	1		1
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	1	$ 3	2	$ 3
Post-modification TDR net finance receivables	$ 1	$ 3	$ 2	$ 3
Number of TDR accounts | account	32	35	51	44
Personal loans
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 50	$ 7	$ 100	$ 16
Rate reduction	47	3	93	8
Other	2	3	5	6
Post-modification TDR net finance receivables	$ 49	$ 6	$ 98	$ 14
Number of TDR accounts | account	6,709	1,479	13,625	3,343
Spring Castle Portfolio [Member]
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 0	$ 2	$ 1	$ 4
Rate reduction	0	2	1	4
Other	0	0	0	0
Post-modification TDR net finance receivables	$ 0	$ 2	$ 1	$ 4
Number of TDR accounts | account	0	213	157	408
Real estate loans
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 6	$ 6	$ 10	$ 10
Rate reduction	5	5	8	9
Other	1	2	2	2
Post-modification TDR net finance receivables	$ 6	$ 7	$ 10	$ 11
Number of TDR accounts | account	116	99	205	177
Total Finance Receivable Held for Sale
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 1	$ 3	$ 2	$ 3
Post-modification TDR net finance receivables	$ 1	$ 3	$ 2	$ 3
Number of TDR accounts | account	78	35	225	44

Finance Receivables -- Modified

Finance Receivables -- Modified as TDR - non performing Finance Receivables (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)account	Jun. 30, 2015USD ($)account	Jun. 30, 2016USD ($)account	Jun. 30, 2015USD ($)account
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 5	$ 3	$ 8	$ 4
Number of TDR accounts | account	659	551	1,098	636
Personal loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 4	$ 2	$ 6	$ 2
Number of TDR accounts | account	640	457	1,040	514
Spring Castle Portfolio [Member]
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 0	$ 1	$ 0	$ 1
Number of TDR accounts | account	0	86	19	96
Real estate loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 1	$ 0	$ 2	$ 1
Number of TDR accounts | account	19	8	39	26
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 0	$ 1	$ 1	$ 1
Number of TDR accounts | account	12	4	21	13
Not qualified for disclosure, due to less than $1 million | Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 1
Not qualified for disclosure, due to less than $1 million | Real Estate
Financing Receivable, Modifications [Line Items]
TDR net finance receivables		$ 1
Not qualified for disclosure, due to less than $1 million | Spring Castle Portfolio [Member]
Financing Receivable, Modifications [Line Items]
TDR net finance receivables			$ 1

Allowance for Finance Receiva66

Allowance for Finance Receivable Losses -- Changes in Allowance by Type (Details 1) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	$ 636	$ 183	$ 592	$ 182
Provision for finance receivable losses	214	74	411	154
Charge-offs	(231)	(86)	(396)	(177)
Recoveries	18	15	34	27
Other	(29)		(33)
Balance at end of period	608	186	608	186
Consolidated VIEs
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period			431
Balance at end of period	439		439
Personal loans
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	587	134	541	132
Provision for finance receivable losses	212	55	391	112
Charge-offs	(227)	(59)	(372)	(121)
Recoveries	15	11	27	18
Other	0		0
Balance at end of period	587	141	587	141
Spring Castle Portfolio [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	0	3	4	3
Provision for finance receivable losses	0	18	14	37
Charge-offs	0	(21)	(17)	(43)
Recoveries	0	3	3	6
Other	0		(4)
Balance at end of period	0	3	0	3
Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	49	45	46	46
Provision for finance receivable losses	2	0	6	4
Charge-offs	(4)	(5)	(6)	(11)
Recoveries	2	1	3	2
Other	(29)		(29)
Balance at end of period	20	41	20	41
Retail Sales Finance
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	0	1	1	1
Provision for finance receivable losses	0	1	0	1
Charge-offs	0	(1)	(1)	(2)
Recoveries	1	0	1	1
Other	0		0
Balance at end of period	$ 1	$ 1	$ 1	$ 1

Allowance for Finance Receiva67

Allowance for Finance Receivable Losses -- By Type and Impairment Method (Details 3) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	$ 523	$ 525
Purchased credit impaired finance receivables	608	592	$ 636	$ 186	$ 183	$ 182
TDR finance receivables	48	55
Allowance for finance receivable losses	$ 608	$ 592	636	186	183	182
Allowance for finance receivable losses as a percentage of finance receivables	4.42%	3.81%
Finance receivables:
Collectively evaluated for impairment	$ 13,123	$ 14,343
Purchased credit impaired finance receivables	13,757	15,559
TDR finance receivables	135	166
Net finance receivables	13,757	15,559
Receivables Acquired with Deteriorated Credit Quality
Financing Receivable, Allowance for finance receivable losses [Line Items]
Purchased credit impaired finance receivables	37	12
Allowance for finance receivable losses	37	12
Finance receivables:
Purchased credit impaired finance receivables	499	1,050
Net finance receivables	499	1,050
Personal loans
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	522	524
Purchased credit impaired finance receivables	587	541	587	141	134	132
TDR finance receivables	36	17
Allowance for finance receivable losses	$ 587	$ 541	587	141	134	132
Allowance for finance receivable losses as a percentage of finance receivables	4.34%	4.07%
Finance receivables:
Collectively evaluated for impairment	$ 12,970	$ 12,593
Purchased credit impaired finance receivables	13,532	13,295
TDR finance receivables	88	44
Net finance receivables	13,532	13,295
Personal loans | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable, Allowance for finance receivable losses [Line Items]
Purchased credit impaired finance receivables	29	0
Allowance for finance receivable losses	29	0
Finance receivables:
Purchased credit impaired finance receivables	474	658
Net finance receivables	474	658
Spring Castle Portfolio [Member]
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	0	0
Purchased credit impaired finance receivables	0	4	0	3	3	3
TDR finance receivables		4
Allowance for finance receivable losses	$ 0	$ 4	0	3	3	3
Allowance for finance receivable losses as a percentage of finance receivables	0.00%	0.25%
Finance receivables:
Collectively evaluated for impairment	$ 0	$ 1,340
Purchased credit impaired finance receivables	0	1,703
TDR finance receivables		13
Net finance receivables	0	1,703
Spring Castle Portfolio [Member] | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable, Allowance for finance receivable losses [Line Items]
Purchased credit impaired finance receivables	0	0
Allowance for finance receivable losses	0	0
Finance receivables:
Purchased credit impaired finance receivables	0	350
Net finance receivables	0	350
Real Estate
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	0	0
Purchased credit impaired finance receivables	20	46	49	41	45	46
TDR finance receivables	12	34
Allowance for finance receivable losses	$ 20	$ 46	49	41	45	46
Allowance for finance receivable losses as a percentage of finance receivables	9.63%	8.72%
Finance receivables:
Collectively evaluated for impairment	$ 137	$ 387
Purchased credit impaired finance receivables	209	538
TDR finance receivables	47	109
Net finance receivables	209	538
Real Estate | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable, Allowance for finance receivable losses [Line Items]
Purchased credit impaired finance receivables	8	12
Allowance for finance receivable losses	8	12
Finance receivables:
Purchased credit impaired finance receivables	25	42
Net finance receivables	25	42
Retail Sales Finance
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	1	1
Purchased credit impaired finance receivables	1	1	0	1	1	1
TDR finance receivables	0	0
Allowance for finance receivable losses	$ 1	$ 1	$ 0	$ 1	$ 1	$ 1
Allowance for finance receivable losses as a percentage of finance receivables	3.42%	3.46%
Finance receivables:
Collectively evaluated for impairment	$ 16	$ 23
Purchased credit impaired finance receivables	16	23
TDR finance receivables	0	0
Net finance receivables	16	23
Retail Sales Finance | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable, Allowance for finance receivable losses [Line Items]
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

Finance Receivables Held for 68

Finance Receivables Held for Sale (Details) - USD ($) $ in Millions	Jun. 30, 2016	May 02, 2016	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale	$ 420		$ 420			$ 420		$ 793
Net gain on sale of SpringCastle interests			$ 0	$ 167	$ 0	167	$ 0
Carrying value of finance receivables sold		$ 602
Gain (loss) on sale of finance receivable		$ 22
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale								617
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale								$ 176
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impairment of financing receivables held for sale						$ 5
Carrying value of finance receivables transferred from held for investment to held for sale	$ 257
Spring Castle Portfolio [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value of finance receivables transferred from held for investment to held for sale				$ 1,600

Investment Securities -- Cost_A

Investment Securities -- Cost/Amoritized, Unrealized Gains/Losses & FV on AFS Investment Securities (Details 1) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	$ 1,585	$ 1,751
Unrealized Gains	34	5
Unrealized Losses	(5)	(27)
Fair Value	1,614	1,729
Interest in a limited partnership	1	1
restricted investments, at cost	1	1
Bonds:
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	1,549	1,712
Unrealized Gains	32	5
Unrealized Losses	(4)	(26)
Fair Value	1,577	1,691
U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	66	112
Unrealized Gains	1
Unrealized Losses	0	(1)
Fair Value	67	111
Obligations of states, municipalities, and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	135	140
Unrealized Gains	3	1
Unrealized Losses	0	(1)
Fair Value	138	140
Non-U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	117	126
Unrealized Gains	2	1
Unrealized Losses		(1)
Fair Value	119	126
Corporate debt
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	963	1,018
Unrealized Gains	23	3
Unrealized Losses	(3)	(22)
Fair Value	983	999
Residential mortgage-backed securities (“RMBS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	85	128
Unrealized Gains	1
Unrealized Losses	(1)	0
Fair Value	85	128
Commercial mortgage-backed securities (“CMBS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	114	117
Unrealized Gains	2	0
Unrealized Losses	0	(1)
Fair Value	116	116
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	69	71
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	69	71
Preferred stock
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	15	14
Unrealized Gains	0	0
Unrealized Losses	0	(1)
Fair Value	15	13
Common Stock
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	19	23
Unrealized Gains	2	0
Unrealized Losses	0	0
Fair Value	21	23
Other Long-term Investments
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	2	2
Unrealized Gains	0	0
Unrealized Losses	(1)	0
Fair Value	$ 1	$ 2

Investment Securities -- FV & U

Investment Securities -- FV & Unrealized Losses on AFS Investment Securities (Details 2) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Fair Value
Less Than 12 Months	$ 195,000,000		$ 195,000,000		$ 1,277,000,000
12 Months or Longer	41,000,000		41,000,000		20,000,000
Total	236,000,000		236,000,000		1,297,000,000
Unrealized Losses
Less Than 12 Months	(3,000,000)		(3,000,000)		(26,000,000)
12 Months or Longer	(2,000,000)		(2,000,000)		(1,000,000)
Total	(5,000,000)		(5,000,000)		(27,000,000)
Minimum disclosure of Unrealized losses on certain available-for-sale securities, less than			1,000,000		1,000,000
Bonds:
Fair Value
Less Than 12 Months	187,000,000		187,000,000		1,258,000,000
12 Months or Longer	34,000,000		34,000,000		14,000,000
Total	221,000,000		221,000,000		1,272,000,000
Unrealized Losses
Less Than 12 Months	(3,000,000)		(3,000,000)		(26,000,000)
12 Months or Longer	(1,000,000)		(1,000,000)		0
Total	(4,000,000)		(4,000,000)		(26,000,000)
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	1,000,000		1,000,000		102,000,000
12 Months or Longer	0		0
Total	1,000,000		1,000,000		102,000,000
Unrealized Losses
Less Than 12 Months	0		0		(1,000,000)
12 Months or Longer	0		0		0
Total	0		0		(1,000,000)
Obligations of states, municipalities, and political subdivisions
Fair Value
Less Than 12 Months	7,000,000		7,000,000		69,000,000
12 Months or Longer	3,000,000		3,000,000		2,000,000
Total	10,000,000		10,000,000		71,000,000
Unrealized Losses
Less Than 12 Months	0		0		(1,000,000)
12 Months or Longer	0		0		0
Total	0		0		(1,000,000)
Non-U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	10,000,000		10,000,000		19,000,000
Total	10,000,000		10,000,000		19,000,000
Unrealized Losses
Less Than 12 Months	0		0		(1,000,000)
Total	0		0		(1,000,000)
Corporate debt
Fair Value
Less Than 12 Months	98,000,000		98,000,000		786,000,000
12 Months or Longer	22,000,000		22,000,000		7,000,000
Total	120,000,000		120,000,000		793,000,000
Unrealized Losses
Less Than 12 Months	(2,000,000)		(2,000,000)		(22,000,000)
12 Months or Longer	(1,000,000)		(1,000,000)		0
Total	(3,000,000)		(3,000,000)		(22,000,000)
Other than temporary impairment losses on corporate debt, less than	1,000,000	$ 0	1,000,000	$ 0
Residential mortgage-backed securities (“RMBS”)
Fair Value
Less Than 12 Months	25,000,000		25,000,000		107,000,000
12 Months or Longer	0		0		0
Total	25,000,000		25,000,000		107,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)		(1,000,000)		0
12 Months or Longer	0		0		0
Total	(1,000,000)		(1,000,000)		0
Commercial mortgage-backed securities (“CMBS”)
Fair Value
Less Than 12 Months	19,000,000		19,000,000		104,000,000
12 Months or Longer	9,000,000		9,000,000		5,000,000
Total	28,000,000		28,000,000		109,000,000
Unrealized Losses
Less Than 12 Months	0		0		(1,000,000)
12 Months or Longer	0		0		0
Total	0		0		(1,000,000)
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Fair Value
Less Than 12 Months	27,000,000		27,000,000		71,000,000
12 Months or Longer	0		0		0
Total	27,000,000		27,000,000		71,000,000
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	0		0		0
Total	0		0		0
Preferred stock
Fair Value
Less Than 12 Months	4,000,000		4,000,000		2,000,000
12 Months or Longer	6,000,000		6,000,000		6,000,000
Total	10,000,000		10,000,000		8,000,000
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	0		0		(1,000,000)
Total	0		0		(1,000,000)
Common Stock
Fair Value
Less Than 12 Months	4,000,000		4,000,000		16,000,000
Total	4,000,000		4,000,000		16,000,000
Unrealized Losses
Less Than 12 Months	0		0		0
Total	0		0		0
Other Long-term Investments
Fair Value
Less Than 12 Months	0		0		1,000,000
12 Months or Longer	1,000,000		1,000,000		0
Total	1,000,000		1,000,000		1,000,000
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	(1,000,000)		(1,000,000)		0
Total	$ (1,000,000)		$ (1,000,000)		$ 0

Investment Securities -- Change

Investment Securities -- Changes in cumulative amount of credit losses (Details 3) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Balance at beginning of period	$ 2	$ 1	$ 2	$ 1
Realized due to dispositions with no prior intention to sell	2	0	2	0
Balance at end of period	$ 0	$ 1	$ 0	$ 1

Investment Securities -- Procee

Investment Securities -- Proceeds of AFS sold / redeemed (Details 4) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Available-for-sale securities sold or redeemed
Fair value	$ 174	$ 130	$ 287	$ 206
Realized gains	5	4	7	11
Realized losses	(1)	0	(1)	(1)
Net realized gains	$ 4	$ 4	$ 6	$ 10

Investment Securities -- Contra

Investment Securities -- Contractual Maturities of AFS Investment Securities (Details 5) $ in Millions	Jun. 30, 2016USD ($)
Fair Value
Due in 1 year or less	$ 128
Due after 1 year through 5 years	590
Due after 5 years through 10 years	406
Due after 10 years	183
Mortgage-backed, asset-backed, and collateralized securities	270
Fair Value	1,577
Amortized Cost
Due in 1 year or less	128
Due after 1 year through 5 years	583
Due after 5 years through 10 years	391
Due after 10 years	179
Mortgage-backed, asset-backed, and collateralized securities	268
Total	$ 1,549

Investment Securities -- FV of

Investment Securities -- FV of bonds on deposit with insurance regulatory (Details 6) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Fair value of bonds on deposit	$ 160	$ 152

Investment Securities -- FV o75

Investment Securities -- FV of Trading Investment Securities (Details 7) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading and other securities	$ 129	$ 137
Total bonds	123	131
Preferred stock	6	6
Other securities, fair value	129	128
Bonds:
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading and other securities	123	131
Non-U.S. government and government sponsored entities
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading and other securities	3	3
Corporate debt
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading and other securities	117	124
Residential mortgage-backed securities (“RMBS”)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading and other securities	1	2
Commercial mortgage-backed securities (“CMBS”)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading and other securities	$ 2	$ 2

Investment Securities -- Net Un

Investment Securities -- Net Unrealized & Realized Gains/Losses on Trading Investment Securities (Details 8) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Net unrealized gains on trading and other securities held at period end	$ 5	$ 1	$ 8	$ 4
Net realized losses on trading and other securities sold or redeemed	0	(1)	0	(1)
Net realized gain (loss) on trading securities	$ 5	$ 0	$ 8	$ 3

Transactions with Affiliates 77

Transactions with Affiliates of Fortress or AIG -- SUBSERVICING AGREEMENT (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Not qualified for disclosure, due to less than $1 million | MorEquity and Other Indirect Subsidiaries | Nationstar Mortgage LLC
Related Party Transaction [Line Items]
Subservicing fees, less than	$ 1	$ 1	$ 1	$ 1

Transactions with Affiliates 78

Transactions with Affiliates of Fortress or AIG -- INVESTMENT MANAGEMENT AGREEMENT (Details) - Logan Circle Partners L P - Affiliated Entity - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Related Party Transaction [Line Items]
Costs and fees for investment management services, less than			$ 1
Not qualified for disclosure, due to less than $1 million
Related Party Transaction [Line Items]
Costs and fees for investment management services, less than	$ 1	$ 1	$ 1	$ 1

Transactions with Affiliates 79

Transactions with Affiliates of Fortress or AIG -- SALE OF EQUITY INTEREST IN SPRINGCASTLE JOINT VENTURE (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Apr. 01, 2013
Corporate Joint Venture [Member]
Related Party Transaction [Line Items]
Ownership percentage			47.00%	47.00%
Springleaf Finance Corporation | SpringCastle Funding Trust
Related Party Transaction [Line Items]
Subservicing fees	$ 11	$ 4

Long-term Debt (Details)

Long-term Debt (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Principal maturities of long-term debt by type of debt
Third quarter 2016	$ 375
Fourth quarter 2016	0
First quarter 2017	0
Second quarter 2017	0
Remainder of 2017	1,289
2,018	0
2,019	1,400
2,020	1,300
2021-2067	2,100
Securitizations	7,990
Revolving conduit facilities	325
Total principal maturities	14,779
Long-term debt	14,362	$ 17,300
Debt issuance costs	$ (32)
Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)	6.00%
Third quarter 2016	$ 0
Fourth quarter 2016	0
First quarter 2017	0
Second quarter 2017	0
Remainder of 2017	0
2,018	0
2,019	0
2,020	0
2021-2067	350
Securitizations	0
Revolving conduit facilities	0
Total principal maturities	350
Long-term debt	172
Debt issuance costs	$ 0
Senior note | Securitizations
Principal maturities of long-term debt by type of debt
Contractual interest rate, minimum (as a percent)	2.41%
Contractual interest rate, maximum (as a percent)	6.94%
Third quarter 2016	$ 0
Fourth quarter 2016	0
First quarter 2017	0
Second quarter 2017	0
Remainder of 2017	0
2,018	0
2,019	0
2,020	0
2021-2067	0
Securitizations	7,990
Revolving conduit facilities	0
Total principal maturities	7,990
Long-term debt	7,976
Debt issuance costs	$ (16)
Senior note | Revolving Conduit Facilities
Principal maturities of long-term debt by type of debt
Contractual interest rate, minimum (as a percent)	1.90%
Contractual interest rate, maximum (as a percent)	2.29%
Third quarter 2016	$ 0
Fourth quarter 2016	0
First quarter 2017	0
Second quarter 2017	0
Remainder of 2017	0
2,018	0
2,019	0
2,020	0
2021-2067	0
Securitizations	0
Revolving conduit facilities	325
Total principal maturities	325
Long-term debt	325
Debt issuance costs	0
Debt issuance costs	$ 20
Senior note | Medium Term Notes
Principal maturities of long-term debt by type of debt
Contractual interest rate, minimum (as a percent)	5.25%
Contractual interest rate, maximum (as a percent)	8.25%
Third quarter 2016	$ 375
Fourth quarter 2016	0
First quarter 2017	0
Second quarter 2017	0
Remainder of 2017	1,289
2,018	0
2,019	1,400
2,020	1,300
2021-2067	1,750
Securitizations	0
Revolving conduit facilities	0
Total principal maturities	6,114
Long-term debt	5,889
Debt issuance costs	$ (16)

Long-term Debt -- SFC and OMFH

Long-term Debt -- SFC and OMFH Indenture (Details) - USD ($)	Dec. 30, 2013	Jun. 30, 2016	Apr. 11, 2016	Dec. 11, 2014	Dec. 03, 2014
Debt Instrument [Line Items]
Principal amounts of debt		$ 14,779,000,000
Senior note
Debt Instrument [Line Items]
Principal amounts of debt		$ 3,300,000,000
Junior Subordinated Debt
Debt Instrument [Line Items]
Interest rates (as a percent)		6.00%
Principal amounts of debt		$ 350,000,000
Guaranty Agreements | SPRINGLEAF HOLDINGS, INC. | Senior Note 8.25%, due 2020 [Member]
Debt Instrument [Line Items]
Face amount of each issuance of debt		1,000,000,000	$ 1,000,000,000
Interest rates (as a percent)			8.25%
Guaranty Agreements | SPRINGLEAF HOLDINGS, INC. | Senior Notes 5.25 Percent Due 2019 [Member]
Debt Instrument [Line Items]
Face amount of each issuance of debt		700,000,000			$ 700,000,000
Interest rates (as a percent)					5.25%
Guaranty Agreements | SPRINGLEAF HOLDINGS, INC. | Senior note
Debt Instrument [Line Items]
Face amount of each issuance of debt	$ 5,200,000,000
Guaranty Agreements | SPRINGLEAF HOLDINGS, INC. | Junior Subordinated Debt
Debt Instrument [Line Items]
Face amount of each issuance of debt	$ 350,000,000
Term of debt (years)	60 years
Guaranty Agreements | SPRINGLEAF HOLDINGS, INC. | 8.250% Senior Notes due 2023
Debt Instrument [Line Items]
Interest rates (as a percent)	8.25%
Guaranty Agreements | SPRINGLEAF HOLDINGS, INC. | 7.750% Senior Notes due 2021
Debt Instrument [Line Items]
Interest rates (as a percent)	7.75%
Guaranty Agreements | SPRINGLEAF HOLDINGS, INC. | 6.00% Senior Notes due 2020
Debt Instrument [Line Items]
Interest rates (as a percent)	6.00%
Guaranty Agreements | OneMain Financial Holdings, Inc. | 6.75% Senior Notes due 2019
Debt Instrument [Line Items]
Face amount of each issuance of debt				$ 700,000,000
Interest rates (as a percent)				6.75%
Guaranty Agreements | OneMain Financial Holdings, Inc. | 7.25% Senior Notes due 2021
Debt Instrument [Line Items]
Face amount of each issuance of debt				$ 800,000,000
Interest rates (as a percent)				7.25%
6.75% Senior Notes due 2019 | Guaranty Agreements | OneMain Financial Holdings, Inc. | 7.25% Senior Notes due 2021
Debt Instrument [Line Items]
Senior notes		$ 1,500,000,000

Variable Interest Entities -- C

Variable Interest Entities -- Carrying Amount of Consolidated VIE assets and liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 742		$ 939	$ 3,594		$ 879
Personal loans	13,532		13,295
SpringCastle Portfolio	0		1,703
Allowance for finance receivable losses	608	$ 636	592	186	$ 183	182
Finance receivables held for sale	420		793
Restricted cash and cash equivalents	550		676
Other assets	612		611
Liabilities
Long-term debt	14,362		17,300
Other liabilities	384		384
Personal loans
Assets
Allowance for finance receivable losses	587	587	541	141	134	132
Finance receivables held for sale			617
Spring Castle Portfolio [Member]
Assets
Allowance for finance receivable losses	0	$ 0	4	$ 3	$ 3	$ 3
Consolidated VIEs
Assets
Cash and cash equivalents	3		11
Allowance for finance receivable losses	439		431
Finance receivables held for sale	0		435
Restricted cash and cash equivalents	541		663
Other assets	55		48
Liabilities
Long-term debt	8,300		11,654
Other liabilities	14		17
Consolidated VIEs | Personal loans
Assets
Personal loans	10,124		11,448
Consolidated VIEs | Spring Castle Portfolio [Member]
Assets
SpringCastle Portfolio	$ 0		$ 1,703

Variable Interest Entities -- S

Variable Interest Entities -- SFC Consumer Loan Securitizations (Details) - Springleaf FundingTrust 2013 B - Consumer Loan Securitizations - Consolidated VIEs $ in Millions	Feb. 16, 2016USD ($)
Variable Interest Entity [Line Items]
Redemption price	$ 371
Accrued interest included in redemption price	1
Amount excluded from the redemption price	30
Outstanding balance	$ 400

Variable Interest Entities -- O

Variable Interest Entities -- OMFH Consumer Loan Securitizations (Details) - Consolidated VIEs - USD ($) $ in Millions	Jun. 18, 2031	Feb. 20, 2029	Mar. 20, 2028	Jun. 30, 2016	Jun. 07, 2016	May 17, 2016	Mar. 23, 2016	Feb. 10, 2016
Variable Interest Entity [Line Items]
Amount outstanding under securitization transaction				$ 325
OneMain | OMFIT 2016-1 Securitization
Variable Interest Entity [Line Items]
Principal balance, private securitization transaction						$ 45		$ 500
Weighted average interest rate						6.00%
OneMain | OMFIT 2016-1 Class A & B Securitization
Variable Interest Entity [Line Items]
Principal balance, private securitization transaction								$ 414
Weighted average interest rate								3.79%
OneMain | OMFIT 2016-1 Class C & D Securitization
Variable Interest Entity [Line Items]
Principal balance, private securitization transaction								$ 86
Amount outstanding under securitization transaction								$ 570
OneMain | OMFIT 2016-2 Securitization
Variable Interest Entity [Line Items]
Principal balance, private securitization transaction							$ 890
OneMain | OMFIT 2016-2 Class A & B Securitization
Variable Interest Entity [Line Items]
Weighted average interest rate							4.37%
Outstanding balance							$ 733
OneMain | OMFIT 2016-2 Class C & D Securitization
Variable Interest Entity [Line Items]
Amount outstanding under securitization transaction							1,000
Amount of Notes that is retained under Private Securitization Transaction							$ 157
OneMain | OMFIT 2016-3 Securitization
Variable Interest Entity [Line Items]
Principal balance, private securitization transaction					$ 350
Weighted average interest rate					4.33%
Amount outstanding under securitization transaction					$ 397
Outstanding balance					317
Amount of Notes that is retained under Private Securitization Transaction					$ 33
OneMain | Scenario, Forecast | OMFIT 2016-1 Class C & D Securitization
Variable Interest Entity [Line Items]
Principal amount, reduce to cash payments, due and payable, term		34 months
OneMain | Scenario, Forecast | OMFIT 2016-2 Class C & D Securitization
Variable Interest Entity [Line Items]
Principal amount, reduce to cash payments, due and payable, term			23 months
OneMain | Scenario, Forecast | OMFIT 2016-3 Securitization
Variable Interest Entity [Line Items]
Principal amount, reduce to cash payments, due and payable, term	59 months

Variable Interest Entities -- R

Variable Interest Entities -- Revolving Conduit Facilities Table (Details) - Consolidated VIEs - USD ($)	Mar. 31, 2018	Jun. 30, 2018	Feb. 28, 2018	Jan. 30, 2018	Jan. 21, 2018	Jan. 21, 2017	Jun. 30, 2016	Mar. 21, 2016	Feb. 24, 2016	Jan. 21, 2016
Line of Credit Facility [Line Items]
Maximum borrowing capacity							$ 4,750,000,000
Amount outstanding under securitization transaction							325,000,000
First Avenue funding, LLC securitization | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Maximum borrowing capacity							250,000,000
Amount outstanding under securitization transaction							0
Midbrook Funding Trust 2013 VFN1 | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Maximum borrowing capacity							300,000,000
Amount outstanding under securitization transaction							0
Midbrook Funding Trust 2013 VFN1 | Consumer Loan Securitizations | Scenario, Forecast
Line of Credit Facility [Line Items]
Principal amount, reduce to cash payments, due and payable, term			36 months
Midbrook Funding Trust 2013 VFN1 | Consumer Loan Securitizations | Personal loans | As Reported
Line of Credit Facility [Line Items]
Principal balance, private securitization transaction									$ 300,000,000
Midbrook Funding Trust 2013 VFN1 | Consumer Loan Securitizations | Personal loans | Scenario, Adjustment
Line of Credit Facility [Line Items]
Principal balance, private securitization transaction									$ 250,000,000
Mill River 2015 VFN1 | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Maximum borrowing capacity							100,000,000
Amount outstanding under securitization transaction							0
Mill River 2015 VFN1 | Consumer Loan Securitizations | As Reported
Line of Credit Facility [Line Items]
Principal balance, private securitization transaction										$ 400,000,000
Mill River 2015 VFN1 | Consumer Loan Securitizations | Scenario, Adjustment
Line of Credit Facility [Line Items]
Principal balance, private securitization transaction										100,000,000
Second Avenue funding, LLC securitization | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Maximum borrowing capacity							250,000,000
Amount outstanding under securitization transaction							0
Springleaf Funding Trust 2013 VFN1 | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Maximum borrowing capacity							850,000,000
Amount outstanding under securitization transaction							50,000,000
Springleaf Funding Trust 2013 VFN1 | Consumer Loan Securitizations | Scenario, Forecast
Line of Credit Facility [Line Items]
Principal amount, reduce to cash payments, due and payable, term				36 months
Springleaf Funding Trust 2013 VFN1 | Consumer Loan Securitizations | As Reported
Line of Credit Facility [Line Items]
Principal balance, private securitization transaction										350,000,000
Springleaf Funding Trust 2013 VFN1 | Consumer Loan Securitizations | Scenario, Adjustment
Line of Credit Facility [Line Items]
Principal balance, private securitization transaction										$ 850,000,000
Sumner Brook Funding Trust 2013 VFN1 | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Maximum borrowing capacity							350,000,000
Amount outstanding under securitization transaction							275,000,000
Whitford Brook Funding Trust2014 VFN1 | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Maximum borrowing capacity							250,000,000
Amount outstanding under securitization transaction							0
Whitford Brook Funding Trust2014 VFN1 | Consumer Loan Securitizations | Scenario, Forecast
Line of Credit Facility [Line Items]
Principal amount, reduce to cash payments, due and payable, term		12 months
OneMain | OneMain Financial B3 Warehouse Trust
Line of Credit Facility [Line Items]
Maximum borrowing capacity							350,000,000
Amount outstanding under securitization transaction							0
OneMain | OneMain Financial B4 Warehouse Trust
Line of Credit Facility [Line Items]
Maximum borrowing capacity							750,000,000
Amount outstanding under securitization transaction							0
OneMain | OneMain Financial B5 Warehouse Trust
Line of Credit Facility [Line Items]
Maximum borrowing capacity							550,000,000	$ 550,000,000
Amount outstanding under securitization transaction							0
OneMain | OneMain Financial B5 Warehouse Trust | Scenario, Forecast
Line of Credit Facility [Line Items]
line of credit facility, remaining borrowing capacity, reduction					$ 100,000,000	$ 100,000,000
OneMain | OneMain Financial B6 Warehouse Trust
Line of Credit Facility [Line Items]
Maximum borrowing capacity							750,000,000	$ 750,000,000
Amount outstanding under securitization transaction							$ 0
First Avenue Funding LLC 2015 | Consumer Loan Securitizations | Scenario, Forecast
Line of Credit Facility [Line Items]
Principal amount, reduce to cash payments, due and payable, term	12 months

Variable Interest Entities --

Variable Interest Entities -- VIE Interest Expense & Deconsolidated VIEs (Details) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)request	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Variable Interest Entity [Line Items]
Interest expense	$ 214	$ 171	$ 440	$ 329
Mortgage Loan Securitizations | Residential Portfolio Segment [Member]
Variable Interest Entity [Line Items]
Reserve for sales recourse obligations			$ 7		$ 7
Repurchase activity | request			0
Consolidated VIEs
Variable Interest Entity [Line Items]
Interest expense	$ 80	$ 49	$ 180	$ 87

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Numerator (basic and diluted):
Net income (loss) attributable to OneMain Holdings, Inc.	$ 26	$ 137	$ (12)	$ 2	$ 163	$ (10)	$ (220)	$ 463	$ 8
Denominator:
Weighted average number of shares outstanding - basic (in shares)	134,728,465		127,411,208		134,711,612	121,253,548
Effect of dilutive securities (in shares)	224,527				218,758	0
Weighted average number of shares outstanding - diluted (in shares)	134,952,992		127,411,208		134,930,370	121,253,548
Earnings (loss) per share:
Earnings (loss) per share - basic (in dollars per share)	$ 0.19	$ 1.02	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.03	$ 0.07
Earnings (loss) per share - diluted (in dollars per share)	$ 0.19	$ 1.01	$ (0.09)	$ 0.01	$ 1.21	$ (0.08)	$ (1.72)	$ 4.02	$ 0.07
Performance Shares
Earnings (loss) per share:
Antidilutive securities excluded from EPS calculation (in shares)	576,222		593,331		577,827	593,331
Restricted Stock Units (RSUs)
Earnings (loss) per share:
Antidilutive securities excluded from EPS calculation (in shares)	997,592		490,464		1,004,726	447,825

Accumulated Other Comprehensi88

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ (13)	$ 3	$ (33)	$ 3
Other comprehensive income before reclassifications	21	(7)	42	(3)
Reclassification adjustments from accumulated other comprehensive income (loss)	(3)	(3)	(4)	(7)
Balance at end of period	5	(7)	5	(7)
Unrealized Gains (Losses) Available-for-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	2	11	(14)	12
Other comprehensive income before reclassifications	21	(6)	38	(3)
Reclassification adjustments from accumulated other comprehensive income (loss)	(3)	(3)	(4)	(7)
Balance at end of period	20	2	20	2
Retirement Plan Liabilities Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(19)	(13)	(19)	(13)
Other comprehensive income before reclassifications	0	0	0	0
Reclassification adjustments from accumulated other comprehensive income (loss)	0	0	0	0
Balance at end of period	(19)	(13)	(19)	(13)
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	4	5	0	4
Other comprehensive income before reclassifications	0	(1)	4	0
Reclassification adjustments from accumulated other comprehensive income (loss)	0	0	0	0
Balance at end of period	$ 4	$ 4	$ 4	$ 4

Accumulated Other Comprehensi89

Accumulated Other Comprehensive Income (Loss) - Reclassification Adjustments From AOCI (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income to investment revenues, before taxes	$ 24	$ 16	$ 44	$ 33
Income tax effect	(16)	8	(103)	0
Net income	26	21	191	56
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	4	6	10
Income tax effect	(1)	(1)	(2)	(3)
Net income	$ 3	$ 3	$ 4	$ 7

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Deferred tax assets, net	$ 51		$ 95
Increase (decrease) deferred tax assets	$ (44)
Effective income tax rate	34.90%	0.10%
Interest and penalties included in unrecognized tax positions	$ 16		$ 15
Unrecognized tax benefits that would impact effective tax rate	$ 10
No material change in balance of uncertain tax position, expected term	12 months

Contingencies- Narrative (Detai

Contingencies- Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Loss Contingencies [Line Items]
Finance Receivables Reserve for Sales Recourse Obligations	$ 15	$ 18	$ 15	$ 18	$ 15	$ 15	$ 24	$ 24
Real estate loans
Loss Contingencies [Line Items]
Repurchase activity | loan	0	13	0	13
Payments to Repurchase Financing Receivables Reaching Defined Delinquency Limits and under Loan Sale Agreement		$ 1		$ 1

Contingencies - Sales Recourse

Contingencies - Sales Recourse Obligations Reserve Activities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Finance Receivables Reserve for Sales Recourse Obligations [Roll Forward]
Balance at beginning of period	$ 15	$ 24	$ 15	$ 24
Recourse losses	0	(5)	0	(5)
Provision for recourse obligations, net of recoveries	0	(1)	0	(1)
Balance at end of period	$ 15	$ 18	$ 15	$ 18

Benefit Plans (Details)

Benefit Plans (Details) - Pension - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Components of net periodic benefit cost:
Interest cost	$ 4	$ 4	$ 8	$ 8
Expected return on assets	(4)	(4)	(8)	(9)
Net periodic benefit cost	$ 0	$ 0	$ 0	$ (1)

Segment Information -- Narrativ

Segment Information -- Narrative (Details)	6 Months Ended
	Jun. 30, 2016statedivisionsegment	Mar. 31, 2016	Apr. 01, 2013
Segment Reporting Information [Line Items]
Number of segments | segment	3
Other
Segment Reporting Information [Line Items]
Number of states with legacy operations where branch based personal lending ceased	14
Consumer Portfolio Segment
Segment Reporting Information [Line Items]
Number of business divisions where loans originate | division	2
Number of states which entity operates	44
Corporate Joint Venture [Member]
Segment Reporting Information [Line Items]
Ownership percentage		47.00%	47.00%

Segment Information -- Allocat

Segment Information -- Allocation of revenue and expenses (Details) - USD ($) $ in Millions	3 Months Ended	5 Months Ended	6 Months Ended	16 Months Ended
	Jun. 30, 2015	Mar. 31, 2016	Jun. 30, 2015	Oct. 31, 2015
Real Estate and Other Segments
Segment Reporting Information [Line Items]
Unsecured debt allocation percentage		100.00%		100.00%
Real Estate and Other Segments | Minimum
Segment Reporting Information [Line Items]
Unsecured debt allocation percentage				83.00%
Real Estate and Other Segments | Maximum
Segment Reporting Information [Line Items]
Unsecured debt allocation percentage				100.00%
Consumer and Insurance Segment
Segment Reporting Information [Line Items]
Increase (Decrease) Interest Expense Due to Change in Debt Allocation	$ 66		$ 120
Consumer and Insurance Segment | Total Average Unsecured Debt Allocation
Segment Reporting Information [Line Items]
Unsecured debt allocation percentage				100.00%
Consumer and Insurance Segment | Minimum | Total Average Unsecured Debt Allocation
Segment Reporting Information [Line Items]
Unsecured debt allocation percentage				83.00%
Consumer and Insurance Segment | Maximum | Total Average Unsecured Debt Allocation
Segment Reporting Information [Line Items]
Unsecured debt allocation percentage				100.00%
Residential Portfolio Segment [Member]
Segment Reporting Information [Line Items]
Increase (Decrease) Interest Expense Due to Change in Debt Allocation	(45)		(90)
Non-core
Segment Reporting Information [Line Items]
Increase (Decrease) Interest Expense Due to Change in Debt Allocation	$ (21)		$ (30)

Segment Information -- Reconcil

Segment Information -- Reconciliation to Condensed Consolidated Financial Statement Amounts (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	$ 741		$ 410		$ 1,572	$ 813
Interest expense	214		171		440	329
Provision for finance receivable losses	214		74		411	154
Net interest income (loss) after provision for finance receivable losses	313		165		721	330
Net gain on sale of SpringCastle interests	0	$ 167	0		167	0
Other revenues	165		55		301	107
Acquisition-related transaction and integration expenses	21		12		54	15
Other expenses	415		195		841	366
Income (loss) before provision for (benefit from) income taxes	42	252	13	$ 43	294	56	$ (226)	$ 861	$ 157
Income (loss) before provision for (benefit from) income taxes			33		28	66
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(20)		266	(10)
Assets	18,544		13,203		18,544	13,203	21,190
Unearned insurance premium and claim reserves	(618)				(618)		(662)
Adjustments
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income			(3)			(6)
Interest expense			0			0
Provision for finance receivable losses			(6)			(13)
Net interest income (loss) after provision for finance receivable losses			3			7
Acquisition-related transaction and integration expenses			0			0
Income (loss) before provision for (benefit from) income taxes		$ (23)	2	$ 5		7	43	$ (44)	$ 79
Assets							134
Unearned insurance premium and claim reserves			(230)			(230)	$ 0
Operating segments | Consumer and Insurance
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	831		269		1,680	525
Interest expense	185		36		360	76
Provision for finance receivable losses	213		54		445	110
Net interest income (loss) after provision for finance receivable losses	433		179		875	339
Net gain on sale of SpringCastle interests					0
Other revenues	175		56		316	107
Acquisition-related transaction and integration expenses	17		0		45	0
Other expenses	385		159		773	305
Income (loss) before provision for (benefit from) income taxes	206		76		373	141
Income (loss) before provision for (benefit from) income taxes			0		0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			76		373	141
Assets	11,153		5,071		11,153	5,071
Operating segments | Acquisitions and Servicing
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	0		118		102	242
Interest expense	0		22		20	45
Provision for finance receivable losses	0		18		14	38
Net interest income (loss) after provision for finance receivable losses	0		78		68	159
Net gain on sale of SpringCastle interests					167
Other revenues	13		13		24	32
Acquisition-related transaction and integration expenses	1		0		1	0
Other expenses	11		26		37	55
Income (loss) before provision for (benefit from) income taxes	1		65		221	136
Income (loss) before provision for (benefit from) income taxes			33		28	66
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			32		193	70
Assets	5		1,974		5	1,974
Operating segments | Residential Portfolio Segment [Member]
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	15		17		30	35
Interest expense	14		59		27	119
Provision for finance receivable losses	2		(5)		4	(3)
Net interest income (loss) after provision for finance receivable losses	(1)		(37)		(1)	(81)
Net gain on sale of SpringCastle interests					0
Other revenues	(7)		3		(18)	6
Acquisition-related transaction and integration expenses	0		0		0	0
Other expenses	6		9		13	16
Income (loss) before provision for (benefit from) income taxes	(14)		(43)		(32)	(91)
Income (loss) before provision for (benefit from) income taxes			0		0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(43)		(32)	(91)
Assets	634		3,541		634	3,541
Other
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	1		3		2	5
Interest expense	1		22		1	32
Provision for finance receivable losses	0		1		0	1
Net interest income (loss) after provision for finance receivable losses	0		(20)		1	(28)
Net gain on sale of SpringCastle interests					0
Other revenues	0		0		0	0
Acquisition-related transaction and integration expenses	6		12		15	15
Other expenses	3		13		(1)	15
Income (loss) before provision for (benefit from) income taxes	(9)		(45)		(13)	(58)
Income (loss) before provision for (benefit from) income taxes			0		0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(45)		(13)	(58)
Assets	303		2,538		303	2,538
Eliminations
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	0		0		0	0
Interest expense	0		0		0	(5)
Provision for finance receivable losses	0		0		0	0
Net interest income (loss) after provision for finance receivable losses	0		0		0	5
Net gain on sale of SpringCastle interests					0
Other revenues	0		(13)		(11)	(32)
Acquisition-related transaction and integration expenses	0		0		0	0
Other expenses	0		(13)		(11)	(27)
Income (loss) before provision for (benefit from) income taxes	0		0		0	0
Income (loss) before provision for (benefit from) income taxes			0		0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			0		0	0
Assets	4,315		0		4,315	0
Segment Reconciling Items [Member]
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income	(106)		3		(242)	6
Interest expense	14		32		32	62
Provision for finance receivable losses	(1)		6		(52)	8
Net interest income (loss) after provision for finance receivable losses	(119)		(35)		(222)	(64)
Net gain on sale of SpringCastle interests					0
Other revenues	(16)		(4)		(10)	(6)
Acquisition-related transaction and integration expenses	(3)		0		(7)	0
Other expenses	10		1		30	2
Income (loss) before provision for (benefit from) income taxes	(142)		(40)		(255)	(72)
Income (loss) before provision for (benefit from) income taxes			0		0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(40)		(255)	(72)
Assets	$ 2,134		$ 79		$ 2,134	$ 79

Fair Value Measurements -- FV &

Fair Value Measurements -- FV & CV Hierarchy Basis Table (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Assets
Investment securities	$ 1,744	$ 1,867
Restricted cash and cash equivalents	550	676
Total Fair Value
Assets
Cash and cash equivalents	742	939
Investment securities	1,744	1,867
Net finance receivables, less allowance for finance receivable losses	13,495	15,943
Finance receivables held for sale	426	819
Restricted cash and cash equivalents	550	676
Other assets:
Commercial mortgage loans	50	62
Escrow advance receivable	10	11
Receivables related to sales of real estate loans and related trust assets	1	1
Liabilities
Long-term debt	14,515	17,616
Total Carrying Value
Assets
Cash and cash equivalents	742	939
Investment securities	1,744	1,867
Net finance receivables, less allowance for finance receivable losses	13,149	14,967
Finance receivables held for sale	420	793
Restricted cash and cash equivalents	550	676
Other assets:
Commercial mortgage loans	50	62
Escrow advance receivable	10	11
Receivables related to sales of real estate loans and related trust assets	5	5
Liabilities
Long-term debt	14,362	17,300
Fair Value Measurements Using Level 1
Assets
Cash and cash equivalents	685	939
Investment securities	35	36
Restricted cash and cash equivalents	550	676
Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents	57	0
Investment securities	1,702	1,829
Other assets:
Receivables related to sales of real estate loans and related trust assets	1	1
Liabilities
Long-term debt	14,515	17,616
Fair Value Measurements Using Level 3
Assets
Investment securities	7	2
Net finance receivables, less allowance for finance receivable losses	13,495	15,943
Finance receivables held for sale	426	819
Other assets:
Commercial mortgage loans	50	62
Escrow advance receivable	10	11
Receivables related to sales of real estate loans and related trust assets	$ 0	$ 0

Fair Value Measurements -- Asse

Fair Value Measurements -- Assets at FV Recurring Basis (Details 2) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets
Available-for-sale securities	$ 1,614,000,000	$ 1,729,000,000
Trading and other securities	129,000,000	137,000,000
Preferred stock	6,000,000	6,000,000
Total investment securities	1,744,000,000	1,867,000,000
Other securities, fair value	129,000,000	128,000,000
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	1,577,000,000	1,691,000,000
Trading and other securities	123,000,000	131,000,000
U.S. government and government sponsored entities
Assets
Available-for-sale securities	67,000,000	111,000,000
Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	138,000,000	140,000,000
Corporate debt
Assets
Available-for-sale securities	983,000,000	999,000,000
Trading and other securities	117,000,000	124,000,000
Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities	85,000,000	128,000,000
Trading and other securities	1,000,000	2,000,000
Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities	116,000,000	116,000,000
Trading and other securities	2,000,000	2,000,000
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities	69,000,000	71,000,000
Preferred stock
Assets
Available-for-sale securities	15,000,000	13,000,000
Other Long-term Investments
Assets
Available-for-sale securities	1,000,000	2,000,000
Common stocks
Assets
Available-for-sale securities	21,000,000	23,000,000
Total Fair Value
Assets
Cash and cash equivalents	742,000,000	939,000,000
Total investment securities	1,744,000,000	1,867,000,000
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	685,000,000	939,000,000
Total investment securities	35,000,000	36,000,000
Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents	57,000,000	0
Total investment securities	1,702,000,000	1,829,000,000
Fair Value Measurements Using Level 3
Assets
Total investment securities	7,000,000	2,000,000
Fair Value, Measurements, Recurring
Assets
Other securities, fair value		128,000,000
Fair Value, Measurements, Recurring | Preferred stock
Assets
Preferred stock	6,000,000	6,000,000
Fair Value, Measurements, Recurring | Total Fair Value
Assets
Cash equivalents in mutual funds	200,000,000	240,000,000
Cash and cash equivalents	57,000,000
Available-for-sale securities	1,614,000,000	1,729,000,000
Trading and other securities	129,000,000	137,000,000
Total investment securities	1,743,000,000	1,866,000,000
Restricted cash in mutual funds	154,000,000	277,000,000
Total	2,154,000,000	2,383,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Bonds:
Assets
Available-for-sale securities	1,577,000,000	1,691,000,000
Fair Value, Measurements, Recurring | Total Fair Value | U.S. government and government sponsored entities
Assets
Available-for-sale securities	67,000,000	111,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	138,000,000	140,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Non-US government and government sponsored entities [Member]
Assets
Available-for-sale securities	119,000,000	126,000,000
Trading and other securities	3,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Non-U.S. government and government sponsored entities
Assets
Trading and other securities		3,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Corporate debt
Assets
Available-for-sale securities	983,000,000	999,000,000
Trading and other securities	117,000,000	124,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities	85,000,000	128,000,000
Trading and other securities	1,000,000	2,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities	116,000,000	116,000,000
Trading and other securities	2,000,000	2,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities	69,000,000	71,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Preferred stock
Assets
Available-for-sale securities	15,000,000	13,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Other Long-term Investments
Assets
Available-for-sale securities	1,000,000	2,000,000
Fair Value, Measurements, Recurring | Total Fair Value | Common stocks
Assets
Available-for-sale securities	21,000,000	23,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1
Assets
Cash equivalents in mutual funds	200,000,000	240,000,000
Available-for-sale securities	29,000,000	29,000,000
Trading and other securities	6,000,000	6,000,000
Total investment securities	35,000,000	35,000,000
Restricted cash in mutual funds	154,000,000	277,000,000
Total	389,000,000	552,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1 | Bonds:
Assets
Trading and other securities	0	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1 | Non-US government and government sponsored entities [Member]
Assets
Trading and other securities	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1 | Corporate debt
Assets
Trading and other securities	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1 | Residential mortgage-backed securities (“RMBS”)
Assets
Trading and other securities	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1 | Commercial mortgage-backed securities (“CMBS”)
Assets
Trading and other securities	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1 | Preferred stock
Assets
Available-for-sale securities	8,000,000	6,000,000
Preferred stock	6,000,000	6,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1 | Common stocks
Assets
Available-for-sale securities	21,000,000	23,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents	57,000,000
Available-for-sale securities	1,583,000,000	1,698,000,000
Trading and other securities	119,000,000	131,000,000
Total investment securities	1,702,000,000	1,829,000,000
Total	1,759,000,000	1,829,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Bonds:
Assets
Available-for-sale securities	1,576,000,000	1,691,000,000
Trading and other securities	119,000,000	131,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | U.S. government and government sponsored entities
Assets
Available-for-sale securities	67,000,000	111,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	138,000,000	140,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Non-US government and government sponsored entities [Member]
Assets
Available-for-sale securities	119,000,000	126,000,000
Trading and other securities	3,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Non-U.S. government and government sponsored entities
Assets
Trading and other securities		3,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Corporate debt
Assets
Available-for-sale securities	982,000,000	999,000,000
Trading and other securities	113,000,000	124,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities	85,000,000	128,000,000
Trading and other securities	1,000,000	2,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities	116,000,000	116,000,000
Trading and other securities	2,000,000	2,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities	69,000,000	71,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Preferred stock
Assets
Available-for-sale securities	7,000,000	7,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3
Assets
Available-for-sale securities	2,000,000	2,000,000
Trading and other securities	4,000,000	0
Total investment securities	6,000,000	2,000,000
Total	6,000,000	2,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Bonds:
Assets
Available-for-sale securities	1,000,000	0
Trading and other securities	4,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Corporate debt
Assets
Available-for-sale securities	1,000,000	0
Trading and other securities	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 and other securities	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities		0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Preferred stock
Assets
Available-for-sale securities	0
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Other Long-term Investments
Assets
Available-for-sale securities	$ 1,000,000	$ 2,000,000

Fair Value Measurements -- Chan

Fair Value Measurements -- Changes in Level 3 Assets (Details 3) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Available-for-sale Securities [Member]
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	$ 2		$ 2
Net gains (losses) included in: Other revenues	0		0
Net gains (losses) included in: Other comprehensive income (loss)	(1)		(1)
Purchases, sales, issues, settlements	0		0
Transfers into Level 3	1		1
Transfers out of Level 3	0		0
Balance at end of period	2		2
Securities Investment [Member]
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	2	$ 5	2	$ 8
Net gains (losses) included in: Other revenues	0	0	0	0
Net gains (losses) included in: Other comprehensive income (loss)	(1)	0	(1)	0
Purchases, sales, issues, settlements	0	(4)	0	(4)
Transfers into Level 3	5	0	5	0
Transfers out of Level 3	0	0	0	(3)
Balance at end of period	6	1	6	1
Bonds: | Available-for-sale Securities [Member]
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				(4)
Transfers into Level 3				0
Transfers out of Level 3				(3)
Balance at end of period		0		0
Other Long-term Investments | Available-for-sale Securities [Member]
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	2	1	2	1
Net gains (losses) included in: Other revenues	0	0	0	0
Net gains (losses) included in: Other comprehensive income (loss)	(1)	0	(1)	0
Purchases, sales, issues, settlements	0	0	0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Balance at end of period	1	1	1	1
Corporate debt | Available-for-sale Securities [Member]
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	0	4	0	4
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	(4)
Transfers into Level 3	1	0	1	0
Transfers out of Level 3	0	0	0	0
Balance at end of period	1	0	1	0
Corporate debt | Securities Investment [Member]
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Transfers into Level 3	5		5
Corporate debt | Trading Securities [Member]
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	0		0
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
Transfers into Level 3	4		4
Transfers out of Level 3	0		0
Balance at end of period	$ 4		$ 4
Commercial mortgage-backed securities (“CMBS”) | Available-for-sale Securities [Member]
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				(3)
Balance at end of period		$ 0		0
Mortgage Loan Securitizations | Securities Investment [Member]
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Transfers out of Level 3				$ (3)

Fair Value Measurements -- Quan

Fair Value Measurements -- Quantitative Information about Level 3 Inputs (Details 4)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)bond
Level 3 | Fair Value, Measurements, Recurring | Residential mortgage-backed securities (“RMBS”) | Discounted Cash Flow Valuation Technique
Unobservable Input
Spread (as a percent)					6.65%
Number of bonds | bond					1
Value of bond, less than					$ 1,000,000
Minimum | Level 3 | Fair Value, Measurements, Recurring | Corporate debt | Discounted Cash Flow Valuation Technique
Unobservable Input
Spread (as a percent)			4.56%
Maximum | Level 3 | Fair Value, Measurements, Recurring | Corporate debt | Discounted Cash Flow Valuation Technique
Unobservable Input
Spread (as a percent)			10.64%
Weighted Average [Member] | Level 3 | Fair Value, Measurements, Recurring | Corporate debt | Discounted Cash Flow Valuation Technique
Unobservable Input
Spread (as a percent)			5.81%
Not qualified for disclosure, due to less than $1 million | Level 3 | Fair Value, Measurements, Recurring | Residential mortgage-backed securities (“RMBS”) | Discounted Cash Flow Valuation Technique
Unobservable Input
Value of bond, less than					$ 1,000,000
Securities Investment [Member]
Valuation of Level 3 Financial Instruments
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3	$ 5,000,000	$ 0	$ 5,000,000	$ 0
Unobservable Input
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	$ 0	0	(3,000,000)
Securities Investment [Member] | Mortgage Loan Securitizations
Unobservable Input
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3				$ (3,000,000)
Securities Investment [Member] | Corporate debt
Valuation of Level 3 Financial Instruments
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3	$ 5,000,000		$ 5,000,000

Fair Value Measurements -- Non-

Fair Value Measurements -- Non-Recurring Basis (Details 5) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Assets measured at fair value on a non-recurring basis
Debt carried at Fair Value Fair Value Option	$ 0		$ 0
Non-recurring basis
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	179,000,000		179,000,000		$ 19,000,000
Net impairment charges	5,000,000	$ (1,000,000)	7,000,000	$ 0
Non-recurring basis | Finance receivables Loans Held for Sale
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	163,000,000		163,000,000
Impairment charges	5,000,000	0	5,000,000	0
Non-recurring basis | Real Estate
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	8,000,000		8,000,000		11,000,000
Impairment charges	0	1,000,000	1,000,000	2,000,000
Non-recurring basis | Commercial mortgage loans
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	8,000,000		8,000,000		8,000,000
Impairment charges	0	$ (2,000,000)	1,000,000	$ (2,000,000)
Non-recurring basis | Fair Value Measurements Using Level 1
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0		0
Non-recurring basis | Fair Value Measurements Using Level 1 | Finance receivables Loans Held for Sale
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0
Non-recurring basis | Fair Value Measurements Using Level 1 | Real Estate
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0		0
Non-recurring basis | Fair Value Measurements Using Level 1 | Commercial mortgage loans
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0		0
Non-recurring basis | Fair Value Measurements Using Level 2
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0		0
Non-recurring basis | Fair Value Measurements Using Level 2 | Finance receivables Loans Held for Sale
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0
Non-recurring basis | Fair Value Measurements Using Level 2 | Real Estate
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0		0
Non-recurring basis | Fair Value Measurements Using Level 2 | Commercial mortgage loans
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	0		0		0
Non-recurring basis | 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	179,000,000		179,000,000		19,000,000
Non-recurring basis | Fair Value Measurements Using Level 3 | Finance receivables Loans Held for Sale
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	163,000,000		163,000,000
Non-recurring basis | Fair Value Measurements Using Level 3 | Real Estate
Assets measured at fair value on a non-recurring basis
Assets measured at fair value on non-recurring basis	8,000,000		8,000,000		11,000,000
Non-recurring basis | 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	$ 8,000,000		$ 8,000,000		$ 8,000,000

Subsequent Events ODART 2016-1

Subsequent Events ODART 2016-1 Securitization (Details) - Consolidated VIEs - USD ($) $ in Millions	Jul. 19, 2016	Jun. 30, 2016
Subsequent Event [Line Items]
Amount outstanding under securitization transaction		$ 325
OneMain | ODART 2016-1 Securitization [Member]
Subsequent Event [Line Items]
Amount outstanding under securitization transaction		$ 754
OneMain | ODART 2016-1 Securitization [Member] | Subsequent Event
Subsequent Event [Line Items]
Principal balance, private securitization transaction	$ 754
Outstanding balance	$ 700
Weighted average interest rate	2.27%
Amount of Notes that is retained under Private Securitization Transaction	$ 54

Subsequent Events Sale of OMFIT

Subsequent Events Sale of OMFIT 2016-2 Class C Notes (Details) - Consolidated VIEs - Sale of OMFIT 2016-2 Class C Notes [Member] - OneMain - Subsequent Event $ in Millions	Jul. 25, 2016USD ($)
Subsequent Event [Line Items]
Principal balance, private securitization transaction	$ 83
Weighted average interest rate	5.67%

Subsequent Events OneMain Finan

Subsequent Events OneMain Financial B6 Warehouse Trust (Details) - Consolidated VIEs - USD ($)	Jul. 28, 2016	Jun. 30, 2016	Mar. 21, 2016
Subsequent Event [Line Items]
Maximum borrowing capacity		$ 4,750,000,000
OneMain | OneMain Financial B6 Warehouse Trust
Subsequent Event [Line Items]
Maximum borrowing capacity		$ 750,000,000	$ 750,000,000
OneMain | OneMain Financial B6 Warehouse Trust | Subsequent Event
Subsequent Event [Line Items]
Maximum borrowing capacity	$ 600,000,000

Subsequent Events Real Estate L

Subsequent Events Real Estate Loan Sale (Details) $ in Millions	Aug. 03, 2016USD ($)
Real Estate Sale [Member] | Subsequent Event
Subsequent Event [Line Items]
Aggregate purchase price	$ 246