OneMain (OMF) 10-Q 8 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 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	Sep. 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		134,754,696
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 658	$ 939
Investment securities	1,788	1,867
Net finance receivables:
Personal loans (includes loans of consolidated VIEs of $9.8 billion in 2016 and $11.4 billion in 2015)	13,656	13,295
SpringCastle Portfolio (includes loans of consolidated VIEs of $1.7 billion in 2015)	0	1,703
Real estate loans	201	538
Retail sales finance	13	23
Net finance receivables	13,870	15,559
Unearned insurance premium and claim reserves	(608)	(662)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $500 million in 2016 and $431 million in 2015)	(672)	(592)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	12,590	14,305
Finance receivables held for sale (includes finance receivables held for sale of consolidated VIEs of $435 million in 2015)	166	793
Restricted cash and cash equivalents (includes restricted cash and cash equivalents of consolidated VIEs of $548 million in 2016 and $663 million in 2015)	558	676
Goodwill	1,422	1,440
Other intangible assets	507	559
Other assets	664	611
Total assets	18,353	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)	13,994	17,300
Insurance claims and policyholder liabilities	752	747
Deferred and accrued taxes	72	29
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2016 and $15 million in 2015)	489	384
Total liabilities	15,307	18,460
Commitments and Contingencies
Shareholders' equity:
Common stock, par value $.01 per share; 2,000,000,000 shares authorized, 134,754,696 and 134,494,172 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	1	1
Additional paid-in capital	1,545	1,533
Accumulated other comprehensive income (loss)	4	(33)
Retained earnings	1,496	1,308
OneMain Holdings, Inc. shareholders’ equity	3,046	2,809
Non-controlling interests	0	(79)
Total shareholders’ equity	3,046	2,730
Total liabilities and shareholders’ equity	$ 18,353	$ 21,190

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Personal loans	$ 13,656	$ 13,295
SpringCastle Portfolio	0	1,703
Allowance for finance receivable losses	672	592
Finance receivables held for sale	166	793
Restricted cash and cash equivalents	558	676
Long-term debt	13,994	17,300
Other liabilities	$ 489	$ 384
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	134,754,696	134,494,172
Common stock, shares outstanding	134,754,696	134,494,172
Consolidated VIEs
Allowance for finance receivable losses	$ 500	$ 431
Finance receivables held for sale		435
Restricted cash and cash equivalents	548	663
Long-term debt	8,300	11,700
Other liabilities	14	15
Spring Castle Portfolio
Allowance for finance receivable losses	0	4
Spring Castle Portfolio | Consolidated VIEs
SpringCastle Portfolio		1,700
Personal loans
Allowance for finance receivable losses	652	541
Finance receivables held for sale	617
Personal loans | Consolidated VIEs
Personal loans	$ 9,800	$ 11,400

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Finance charges	$ 763	$ 422	$ 2,271	$ 1,227
Finance receivables held for sale originated as held for investment	7	5	71	13
Total interest income	770	427	2,342	1,240
Interest expense	215	171	655	500
Net interest income	555	256	1,687	740
Provision for finance receivable losses	263	79	674	233
Net interest income after provision for finance receivable losses	292	177	1,013	507
Other revenues:
Insurance	114	40	342	116
Investment	22	11	66	44
Net loss on repurchases and repayments of debt	0	0	(16)	0
Net gain on sale of SpringCastle interests	0	0	167	0
Net gain (loss) on sales of personal and real estate loans	(4)	0	18	0
Other	26	(4)	49	(6)
Total other revenues	158	47	626	154
Operating expenses:
Salaries and benefits	191	100	597	305
Acquisition-related transaction and integration expenses	21	14	75	29
Other operating expenses	168	73	512	198
Insurance policy benefits and claims	37	17	128	53
Total other expenses	417	204	1,312	585
Income before provision for income taxes	33	20	327	76
Provision for income taxes	8	1	111	1
Net income	25	19	216	75
Net income attributable to non-controlling interests	0	32	28	98
Net income (loss) attributable to OneMain Holdings, Inc.	$ 25	$ (13)	$ 188	$ (23)
Weighted average number of shares outstanding:
Basic (in shares)	134,730,251	134,452,763	134,717,870	125,701,635
Diluted (in shares)	134,987,134	134,452,763	134,949,337	125,701,635
Earnings (loss) per share:
Basic (in dollars per share)	$ 0.19	$ (0.10)	$ 1.40	$ (0.18)
Diluted (in dollars per share)	$ 0.19	$ (0.10)	$ 1.39	$ (0.18)

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 25	$ 19	$ 216	$ 75
Other comprehensive income (loss):
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	9	(3)	67	(8)
Foreign currency translation adjustments	(1)	0	6	0
Income tax effect:
Net unrealized (gains) losses on non-credit impaired available-for-sale securities	(3)	1	(23)	3
Foreign currency translation adjustments	1	0	(2)	0
Other comprehensive income (loss), net of tax, before reclassification adjustments	6	(2)	48	(5)
Reclassification adjustments included in net income:
Net realized gains on available-for-sale securities	(3)	(4)	(9)	(14)
Net realized gain on foreign currency translation adjustments	(5)	0	(5)	0
Income tax effect:
Net realized gains on available-for-sale securities	1	2	3	5
Reclassification adjustments included in net income, net of tax	(7)	(2)	(11)	(9)
Other comprehensive income (loss), net of tax	(1)	(4)	37	(14)
Comprehensive income	24	15	253	61
Comprehensive income attributable to non-controlling interests	0	32	28	98
Comprehensive income (loss) attributable to OneMain Holdings, Inc.	$ 24	$ (17)	$ 225	$ (37)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - 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 the beginning of the period 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	6		6			6
Excess tax benefit from share-based compensation	2		2			2
Withholding tax on vested RSUs	(4)		(4)			(4)
Change in non-controlling interests:
Distributions declared to joint venture partners	(58)						(58)
Other comprehensive income	(14)			(14)		(14)
Net income (loss)	75				(23)	(23)	98
Balance at the end of period at Sep. 30, 2015	2,930	1	1,524	(11)	1,505	3,019	(89)
Balance at the beginning of the period at Jun. 30, 2015				(7)
Change in non-controlling interests:
Other comprehensive income	(4)
Net income (loss)	19
Balance at the end of period at Sep. 30, 2015	2,930	1	1,524	(11)	1,505	3,019	(89)
Balance at the beginning of the period 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	16		16			16
Withholding tax on vested RSUs	(4)		(4)			(4)
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	37			37		37
Net income (loss)	216				188	188	28
Balance at the end of period at Sep. 30, 2016	3,046	1	1,545	4	1,496	3,046	0
Balance at the beginning of the period at Jun. 30, 2016				5
Change in non-controlling interests:
Other comprehensive income	(1)
Net income (loss)	25
Balance at the end of period at Sep. 30, 2016	$ 3,046	$ 1	$ 1,545	$ 4	$ 1,496	$ 3,046	$ 0

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 216	$ 75
Reconciling adjustments:
Provision for finance receivable losses	674	233
Depreciation and amortization	416	75
Deferred income tax benefit	(99)	(10)
Net gain on liquidation of United Kingdom subsidiary	(5)	0
Net gain on sales of personal and real estate loans	(18)	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	16	6
Net gain on sale of SpringCastle interests	(167)	0
Other	(7)	(10)
Cash flows due to changes in:
Other assets and other liabilities	92	41
Insurance claims and policyholder liabilities	(50)	22
Taxes receivable and payable	49	(49)
Accrued interest and finance charges	2	(1)
Restricted cash and cash equivalents not reinvested	2	0
Other, net	2	1
Net cash provided by operating activities	1,139	398
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale	(998)	(593)
Proceeds on sales of finance receivables held for sale originated as held for investment	870	88
Proceeds from sale of SpringCastle interests	101	0
Cash received from CitiFinancial Credit Company	23	0
Available-for-sale securities purchased	(446)	(382)
Trading and other securities purchased	(16)	(1,465)
Available-for-sale securities called, sold, and matured	597	411
Trading and other securities called, sold, and matured	52	2,581
Change in restricted cash and cash equivalents	40	(46)
Proceeds from sale of real estate owned	7	12
Other, net	(26)	(13)
Net cash provided by investing activities	204	593
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions	4,552	1,929
Proceeds from issuance of common stock, net of offering costs	0	976
Repayments of long-term debt	(6,155)	(850)
Distributions to joint venture partners	(18)	(58)
Excess tax benefit from share-based compensation	0	2
Withholding tax on RSUs vested	(4)	(4)
Net cash provided by (used for) financing activities	(1,625)	1,995
Effect of exchange rate changes on cash and cash equivalents	1	0
Net change in cash and cash equivalents	(281)	2,986
Cash and cash equivalents at beginning of period	939	879
Cash and cash equivalents at end of period	658	3,865
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	608
Transfer of finance receivables to real estate owned	7	8
Net unsettled investment security dispositions (purchases)	$ (15)	$ 40

Business and Basis of Presentat

Business and Basis of Presentation	9 Months Ended
	Sep. 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 September 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. The condensed consolidated financial statements in this report 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. As a result of the change in accounting policy, we have revised certain sections in our 2015 Annual Report on Form 10-K to reflect the retrospective application of this change in accounting policy, and such revised disclosures are included in exhibits to our Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on August 29, 2016 (the “retrospective Form 8-K”). Therefore, the condensed consolidated financial statements in this report should also be read in conjunction with the retrospective Form 8-K. CHANGE IN ACCOUNTING POLICY Effective April 1, 2016, we changed our accounting policy for the derecognition of loans within a purchased credit impaired pool. Historically, we removed loans from a purchased credit impaired 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 purchased credit impaired 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 purchased credit impaired loans is preferable as it enhances consistency with our industry peers. As of January 1, 2015, the cumulative effect of applying the change in accounting policy increased shareholders’ equity by $36 million . For the three and nine months ended September 30, 2016, respectively, the effect of this change in accounting policy was as follows: • increased income before provision for income taxes by $24 million and $27 million ; • increased net income by $15 million and $17 million ; • increased net income attributable to OMH by $15 million and $15 million ; • increased basic earnings per share by $0.11 and $0.11 ; and • increased diluted earnings per share by $0.11 and $0.11 . Our policy for derecognition of purchased credit impaired 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 update on a quarterly basis the amount of cash flows we expect to collect, which incorporates 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, and such removal will 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 the amounts previously reported in our condensed consolidated statements of operations for the three and nine months ended September 30, 2015 and our condensed consolidated statements of cash flows for the nine months ended September 30, 2015 are included in the following tables. Revised Condensed Consolidated Statements of Operations (dollars in millions, except loss per share) Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 As Reported As Adjusted As Reported As Adjusted Interest income: Finance charges $ 424 $ 422 $ 1,234 $ 1,227 Finance receivables held for sale originated as held for investment 4 5 13 13 Total interest income 428 427 1,247 1,240 Interest expense 171 171 500 500 Net interest income 257 256 747 740 Provision for finance receivable losses 82 79 249 233 Net interest income after provision for finance receivable losses 175 177 498 507 Other revenues: Insurance 40 40 116 116 Investment 11 11 44 44 Other — (4 ) (2 ) (6 ) Total other revenues 51 47 158 154 Other expenses: Operating expenses: Salaries and benefits 100 100 305 305 Acquisition-related transaction and integration expenses 14 14 29 29 Other operating expenses 73 73 198 198 Insurance policy benefits and claims 17 17 53 53 Total other expenses 204 204 585 585 Income before provision for income taxes 22 20 71 76 Provision for income taxes 2 1 1 1 Net income 20 19 70 75 Net income attributable to non-controlling interests 31 32 93 98 Net loss attributable to OneMain Holdings, Inc. $ (11 ) $ (13 ) $ (23 ) $ (23 ) Share Data: Weighted average number of shares outstanding: Basic 134,452,763 134,452,763 125,701,635 125,701,635 Diluted 134,452,763 134,452,763 125,701,635 125,701,635 Loss per share: Basic $ (0.08 ) $ (0.10 ) $ (0.18 ) $ (0.18 ) Diluted $ (0.08 ) $ (0.10 ) $ (0.18 ) $ (0.18 ) Revised Condensed Consolidated Statement of Cash Flows (dollars in millions) Nine Months Ended September 30, 2015 As Reported * As Adjusted Cash flows from operating activities Net income $ 70 $ 75 Reconciling adjustments: Provision for finance receivable losses 249 233 Depreciation and amortization 68 75 Deferred income tax benefit (10 ) (10 ) Non-cash incentive compensation from Initial Stockholder 15 15 Share-based compensation expense, net of forfeitures 6 6 Other (13 ) (10 ) Cash flows due to changes in: Other assets and other liabilities 37 41 Insurance claims and policyholder liabilities 22 22 Taxes receivable and payable (49 ) (49 ) Accrued interest and finance charges (1 ) (1 ) Other, net 1 1 Net cash provided by operating activities 395 398 Cash flows from investing activities Net principal collections (originations) of finance receivables held for investment and held for sale (593 ) (593 ) Proceeds on sales of finance receivables held for sale originated as held for investment 88 88 Available-for-sale securities purchased (382 ) (382 ) Trading and other securities purchased (1,465 ) (1,465 ) Available-for-sale securities called, sold, and matured 411 411 Trading and other securities called, sold, and matured 2,581 2,581 Change in restricted cash and cash equivalents (46 ) (46 ) Proceeds from sale of real estate owned 12 12 Other, net (13 ) (13 ) Net cash provided by investing activities 593 593 Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 1,929 1,929 Proceeds from issuance of common stock, net of offering costs 976 976 Repayments of long-term debt (850 ) (850 ) Distributions to joint venture partners (59 ) (58 ) Excess tax benefit from share-based compensation 2 2 Withholding tax on RSUs vested (4 ) (4 ) Net cash provided by financing activities 1,994 1,995 Net change in cash and cash equivalents 2,982 2,986 Cash and cash equivalents at beginning of period 879 879 Cash and cash equivalents at end of period $ 3,861 $ 3,865 * The condensed consolidated statement of cash flows for the nine months ended September 30, 2015 includes a reclassification resulting from our adoption of Accounting Standards Update (“ASU”) 2016-09, Improvements to Employee Share-Based Payment Accounting. See Note 3 for further information regarding this ASU. 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 Part I, Item 2 herein to reflect the impact of this change in accounting policy.

Significant Transactions

Significant Transactions	9 Months Ended
	Sep. 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, became available: (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. (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 Nine Months Ended September 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 nine months ended September 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 is not necessarily indicative of the operating results that would have been achieved had the OneMain Acquisition occurred on January 1, 2014. 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. The unaudited pro forma information also reflects adjustments for the Lendmark Sale (as defined below), as if the Lendmark Sale 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 financial information does not give effect to the SpringCastle Interests Sale or the August 2016 Real Estate Loan Sale (both of which are defined below). As of September 30, 2016 , we had incurred approximately $137 million of acquisition-related transaction and integration expenses ( $75 million incurred during the nine months ended September 30, 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. The following table presents the unaudited pro forma financial information: (dollars in millions) Three Months Ended Nine Months Ended Interest income $ 838 $ 2,442 Net income attributable to OneMain Holdings, Inc. 27 92 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 paid into an escrow account on July 29, 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 we are terminated, we will remain as servicer of the SpringCastle Portfolio under the 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 First Supplemental Indenture, dated as of December 3, 2014 (the “First Supplemental Indenture”) and a Second Supplemental Indenture, dated as of April 11, 2016 (the “Second Supplemental Indenture” and, collectively with the Base Indenture and the First Supplemental 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 had 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 or before February 2, 2017, subject to an additional three -month extension 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. 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 (the “August 2016 Real Estate Loan Sale”). In connection with this sale, we recorded a net loss in other revenues at the time of sale of $4 million . Unless we are terminated or we resign as servicer, we will continue to service the loans included in this sale pursuant to a servicing agreement. The purchase and sale agreement and the servicing agreement include customary representations and warranties and indemnification provisions.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 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 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. 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 amendments in this ASU were adopted as follows: • We adopted the amendment requiring recognition of tax benefits related to exercised or vested awards through the income statement rather than additional paid-in capital on a prospective basis as of January 1, 2016. Further, as of January 1, 2016, there was no impact to additional paid-in capital as a result of our adoption of this ASU under the modified retrospective method. • We did not adopt the amendment allowing for the use of the actual number of shares vested each period, rather than estimating the number of awards that are expected to vest. We continue to use an estimate as it relates to the number of awards that are expected to vest. • We adopted the amendment for the threshold to qualify for equity classification permits withholding up to the maximum statutory tax rates, under the modified retrospective basis as of January 1, 2016. This amendment did not have a material impact on our consolidated financial statements. • We adopted the amendment requiring the classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes to be presented in the financing activities instead of the operating activities, under the retrospective method as of January 1, 2014. This amendment did not have a material impact on our consolidated financial statements. • We adopted the amendment requiring the classification of excess tax benefits on the statement of cash flows to be presented in the operating activities instead of the financing activities, under the prospective method as of September 30, 2016. This amendment did not have a material impact 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. 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 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 evaluating the expected impacts. Statement of Cash Flows In August of 2016, the FASB issued ASU 2016-15, Statement of Cash Flows , which clarifies how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments in this ASU will become effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during the nine months ended September 30, 2016 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Finance Receivables

Finance Receivables	9 Months Ended
	Sep. 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 September 30, 2016 , we had over 2.2 million personal loans representing $13.7 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 we are terminated, we will continue to provide the servicing for these loans pursuant to a servicing agreement, 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 September 30, 2016 Gross receivables * $ 15,607 $ — $ 200 $ 14 $ 15,821 Unearned finance charges and points and fees (2,175 ) — — (1 ) (2,176 ) Accrued finance charges 145 — 1 — 146 Deferred origination costs 79 — — — 79 Total $ 13,656 $ — $ 201 $ 13 $ 13,870 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 • 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. Unused lines of credit extended to customers by the Company were as follows: (dollars in millions) September 30, December 31, Personal loans $ 1 $ 2 SpringCastle Portfolio — 365 Real estate loans 10 30 Total $ 11 $ 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 primary credit quality indicators. We accrue finance charges on revolving retail finance receivables up to the date of charge-off at 180 days past due. Our revolving retail finance receivables that were more than 90 days past due and still accruing finance charges at September 30, 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 and Nonperforming 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. 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. 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 September 30, 2016 Net finance receivables: Performing Current $ 12,992 $ — $ 152 $ 13 $ 13,157 30-59 days past due 211 — 14 — 225 60-89 days past due 145 — 7 — 152 Total performing 13,348 — 173 13 13,534 Nonperforming 90-119 days past due 115 — 3 — 118 120-149 days past due 99 — 3 — 102 150-179 days past due 91 — 2 — 93 180 days or more past due 3 — 20 — 23 Total nonperforming 308 — 28 — 336 Total $ 13,656 $ — $ 201 $ 13 $ 13,870 Total 60+ delinquent finance receivables $ 453 $ — $ 35 $ — $ 488 December 31, 2015 Net finance receivables: Performing Current $ 12,777 $ 1,588 $ 486 $ 22 $ 14,873 30-59 days past due 170 49 13 — 232 60-89 days past due 127 26 19 — 172 Total performing 13,074 1,663 518 22 15,277 Nonperforming 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 nonperforming 221 40 20 1 282 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 Total 60+ delinquent finance receivables $ 348 $ 66 $ 39 $ 1 $ 454 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. • 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 September 30, 2016 and December 31, 2015 , finance receivables held for sale totaled $166 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 September 30, 2016 Carrying amount, net of allowance $ 380 $ — $ 72 $ 452 Outstanding balance 519 — 109 628 Allowance for purchased credit impaired finance receivable losses 29 — 8 37 December 31, 2015 Carrying amount, net of allowance $ 652 $ 350 $ 89 $ 1,091 Outstanding balance 911 482 136 1,529 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 September 30, 2016 Carrying amount $ 56 Outstanding balance 85 December 31, 2015 Carrying amount $ 59 Outstanding balance 89 The allowance for purchased credit impaired finance receivable losses at September 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 September 30, 2016 Balance at beginning of period $ 87 $ — $ 61 $ 148 Accretion (a) (15 ) — (1 ) (16 ) Reclassifications from nonaccretable difference (b) — — 8 8 Transfer due to finance receivables sold — — (11 ) (11 ) Balance at end of period $ 72 $ — $ 57 $ 129 Three Months Ended September 30, 2015 Balance at beginning of period $ — $ 411 $ 53 $ 464 Accretion (a) — (19 ) (2 ) (21 ) Reclassifications from nonaccretable difference (b) — — 1 1 Balance at end of period $ — $ 392 $ 52 $ 444 Nine Months Ended September 30, 2016 Balance at beginning of period $ 151 $ 375 $ 66 $ 592 Accretion (a) (56 ) (16 ) (5 ) (77 ) Other (c) (23 ) — — (23 ) Reclassifications from nonaccretable difference (b) — — 7 7 Transfer due to finance receivables sold — (359 ) (11 ) (370 ) Balance at end of period $ 72 $ — $ 57 $ 129 Nine Months Ended September 30, 2015 Balance at beginning of period $ — $ 452 $ 54 $ 506 Accretion (a) — (60 ) (6 ) (66 ) Reclassifications from nonaccretable difference (b) — — 4 4 Balance at end of period $ — $ 392 $ 52 $ 444 (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 Nine Months Ended 2016 2015 2016 2015 Accretion $ 2 $ 1 $ 4 $ 4 (b) Reclassifications from nonaccretable difference represents the increases in accretable yield resulting from higher 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 decrease 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 September 30, 2016 TDR gross finance receivables (b) $ 117 $ — $ 137 $ 254 TDR net finance receivables 117 — 138 255 Allowance for TDR finance receivable losses 49 — 11 60 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 September 30, 2016 TDR gross finance receivables $ — $ 90 $ 90 TDR net finance receivables — 90 90 December 31, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94 (b) As defined earlier in this Note. As of September 30, 2016 , we had no commitments to lend additional funds on our TDR finance receivables. TDR average net receivables held for investment and held for sale and finance charges recognized on TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans * SpringCastle Portfolio Real Estate Loans * Total Three Months Ended September 30, 2016 TDR average net receivables $ 102 $ — $ 159 $ 261 TDR finance charges recognized 4 — 3 7 Three Months Ended September 30, 2015 TDR average net receivables $ 30 $ 12 $ 199 $ 241 TDR finance charges recognized — 1 2 3 Nine Months Ended September 30, 2016 TDR average net receivables $ 83 $ — $ 187 $ 270 TDR finance charges recognized 7 — 9 16 Nine Months Ended September 30, 2015 TDR average net receivables $ 28 $ 12 $ 197 $ 237 TDR finance charges recognized 2 1 8 11 * 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 September 30, 2016 TDR average net receivables $ — $ 112 $ 112 TDR finance charges recognized — 2 2 Three Months Ended September 30, 2015 TDR average net receivables $ — $ 92 $ 92 TDR finance charges recognized — 2 2 Nine Months Ended September 30, 2016 TDR average net receivables $ 1 $ 105 $ 106 TDR finance charges recognized — 5 5 Nine Months Ended September 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 4 4 Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended September 30, 2016 Pre-modification TDR net finance receivables $ 48 $ — $ 3 $ 51 Post-modification TDR net finance receivables: Rate reduction $ 43 $ — $ 3 $ 46 Other (b) 3 — 1 4 Total post-modification TDR net finance receivables $ 46 $ — $ 4 $ 50 Number of TDR accounts 6,241 — 86 6,327 Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 8 $ 1 $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 1 $ 3 $ 7 Other (b) 3 — 2 5 Total post-modification TDR net finance receivables $ 6 $ 1 $ 5 $ 12 Number of TDR accounts 1,557 142 95 1,794 Nine Months Ended September 30, 2016 Pre-modification TDR net finance receivables $ 148 $ 1 $ 13 $ 162 Post-modification TDR net finance receivables: Rate reduction $ 136 $ 1 $ 11 $ 148 Other (b) 8 — 3 11 Total post-modification TDR net finance receivables $ 144 $ 1 $ 14 $ 159 Number of TDR accounts 19,866 157 291 20,314 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 24 $ 5 $ 16 $ 45 Post-modification TDR net finance receivables: Rate reduction $ 11 $ 5 $ 12 $ 28 Other (b) 9 — 4 13 Total post-modification TDR net finance receivables $ 20 $ 5 $ 16 $ 41 Number of TDR accounts 4,900 550 272 5,722 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total Three Months Ended September 30, 2016 Pre-modification TDR net finance receivables $ — $ 1 $ 1 Post-modification TDR net finance receivables $ — $ 2 $ 2 Number of TDR accounts — 39 39 Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 50 33 83 Nine Months Ended September 30, 2016 Pre-modification TDR net finance receivables * $ — $ 3 $ 3 Post-modification TDR net finance receivables * $ — $ 4 $ 4 Number of TDR accounts 174 90 264 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 4 $ 4 Post-modification TDR net finance receivables * $ — $ 5 $ 5 Number of TDR accounts 50 77 127 * Pre- and post-modification TDR personal loans held for sale for the nine months ended September 30, 2016 and the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above. (b) “Other” modifications 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 September 30, 2016 TDR net finance receivables (b) $ 7 $ — $ 1 $ 8 Number of TDR accounts 1,080 — 13 1,093 Three Months Ended September 30, 2015 TDR net finance receivables (b) (c) $ 1 $ — $ 1 $ 2 Number of TDR accounts 343 26 9 378 Nine Months Ended September 30, 2016 TDR net finance receivables (b) (c) $ 13 $ — $ 3 $ 16 Number of TDR accounts 2,120 19 52 2,191 Nine Months Ended September 30, 2015 TDR net finance receivables (b) $ 3 $ 1 $ 2 $ 6 Number of TDR accounts 857 122 35 1,014 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2016 TDR net finance receivables * $ — Number of TDR accounts 4 Three Months Ended September 30, 2015 TDR net finance receivables * $ — Number of TDR accounts 1 Nine Months Ended September 30, 2016 TDR net finance receivables $ 1 Number of TDR accounts 25 Nine Months Ended September 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 14 * TDR real estate loans held for sale for the three months ended September 30, 2016 and 2015 that defaulted during the previous 12-month period were less than $1 million and, therefore, are not quantified in the combined table above. (b) Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. (c) TDR SpringCastle Portfolio loans for the nine months ended September 30, 2016 and the three months ended September 30, 2015 that defaulted during the previous 12-month period were less than $1 million and, therefore, are not quantified in the combined table above.

Allowance for Finance Receivabl

Allowance for Finance Receivable Losses	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Allowance for Finance Receivable Losses	Allowance for Finance Receivable Losses Changes in the allowance for finance receivable losses by finance receivable type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Consolidated Total Three Months Ended September 30, 2016 Balance at beginning of period $ 587 $ — $ 20 $ 1 $ 608 Provision for finance receivable losses 261 — 2 — 263 Charge-offs (213 ) — (4 ) — (217 ) Recoveries 17 — 1 — 18 Balance at end of period $ 652 $ — $ 19 $ 1 $ 672 Three Months Ended September 30, 2015 Balance at beginning of period $ 141 $ 3 $ 41 $ 1 $ 186 Provision for finance receivable losses 61 16 2 — 79 Charge-offs (58 ) (18 ) (4 ) — (80 ) Recoveries 10 3 2 — 15 Other (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 41 $ 1 $ 199 Nine Months Ended September 30, 2016 Balance at beginning of period $ 541 $ 4 $ 46 $ 1 $ 592 Provision for finance receivable losses 652 14 8 — 674 Charge-offs (585 ) (17 ) (10 ) (1 ) (613 ) Recoveries 44 3 4 1 52 Other (b) — (4 ) (29 ) — (33 ) Balance at end of period $ 652 $ — $ 19 $ 1 $ 672 Nine Months Ended September 30, 2015 Balance at beginning of period $ 132 $ 3 $ 46 $ 1 $ 182 Provision for finance receivable losses 173 53 6 1 233 Charge-offs (179 ) (61 ) (15 ) (2 ) (257 ) Recoveries 28 9 4 1 42 Other (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 41 $ 1 $ 199 (a) Other consists of the elimination of allowance for finance receivable losses due to the transfer of personal loans held for investment to finance receivable held for sale on September 30, 2015. (b) Other consists of: • 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; and • 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. The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2016 Allowance for finance receivable losses: Collectively evaluated for impairment $ 574 $ — $ — $ 1 $ 575 Purchased credit impaired finance receivables 29 — 8 — 37 TDR finance receivables 49 — 11 — 60 Total $ 652 $ — $ 19 $ 1 $ 672 Finance receivables: Collectively evaluated for impairment $ 13,130 $ — $ 129 $ 13 $ 13,272 Purchased credit impaired finance receivables 409 — 24 — 433 TDR finance receivables 117 — 48 — 165 Total $ 13,656 $ — $ 201 $ 13 $ 13,870 Allowance for finance receivable losses as a percentage of finance receivables 4.77 % — % 9.96 % 3.55 % 4.85 % 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 $ 12,599 $ 1,340 $ 387 $ 23 $ 14,349 Purchased credit impaired finance receivables 652 350 42 — 1,044 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	9 Months Ended
	Sep. 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 $166 million at September 30, 2016 and $793 million at December 31, 2015 , which are carried at the lower of cost or fair value. At September 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 September 30, 2016 and 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. 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. In connection with the August 2016 Real Estate Loan Sale, we sold a portfolio of second lien mortgage loans with a carrying value of $250 million and recorded a net loss in other revenues of $4 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 . 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 . We did not have any other material transfer activity to or from finance receivables held for sale during each of the three and nine months ended September 30, 2016 and 2015 .

Investment Securities

Investment Securities	9 Months Ended
	Sep. 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 September 30, 2016 Fixed maturity available-for-sale securities: Bonds U.S. government and government sponsored entities $ 39 $ 1 $ — $ 40 Obligations of states, municipalities, and political subdivisions 132 3 — 135 Non-U.S. government and government sponsored entities 116 3 — 119 Corporate debt 1,041 28 (2 ) 1,067 Mortgage-backed, asset-backed, and collateralized: Residential mortgage-backed securities (“RMBS”) 81 1 — 82 Commercial mortgage-backed securities (“CMBS”) 111 1 — 112 Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) 82 — — 82 Total bonds 1,602 37 (2 ) 1,637 Preferred stock (a) 15 — — 15 Common stock (a) 19 2 — 21 Other long-term investments 2 — — 2 Total (b) $ 1,638 $ 39 $ (2 ) $ 1,675 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 (a) 14 — (1 ) 13 Common stock (a) 23 — — 23 Other long-term investments 2 — — 2 Total (b) $ 1,751 $ 5 $ (27 ) $ 1,729 (a) The Company employs an income equity strategy targeting investments in stocks with strong current dividend yields. Stocks included have a history of stable or increasing dividend payments. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 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 September 30, 2016 Bonds: U.S. government and government sponsored entities $ 1 $ — $ — $ — $ 1 $ — Obligations of states, municipalities, and political subdivisions 23 — 2 — 25 — Non-U.S. government and government sponsored entities 9 — — — 9 — Corporate debt 105 (1 ) 10 (1 ) 115 (2 ) RMBS 19 — — — 19 — CMBS 38 — — — 38 — CDO/ABS 15 — — — 15 — Total bonds 210 (1 ) 12 (1 ) 222 (2 ) Preferred stock 4 — 6 — 10 — Common stock 3 — — — 3 — Other long-term investments — — 1 — 1 — Total $ 217 $ (1 ) $ 19 $ (1 ) $ 236 $ (2 ) 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. On a lot basis, we had 465 and 2,404 investment securities in an unrealized loss position at September 30, 2016 and December 31, 2015 , respectively. We do not consider the 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 September 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 nine months ended September 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 nine months ended September 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 Nine Months Ended 2016 2015 2016 2015 Balance at beginning of period $ — $ 1 $ 2 $ 1 Reductions: Realized due to dispositions with no prior intention to sell — — 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 Nine Months Ended 2016 2015 2016 2015 Proceeds from sales and redemptions $ 57 $ 168 $ 344 $ 374 Realized gains $ 3 $ 4 $ 10 $ 15 Realized losses — — (1 ) (1 ) Net realized gains $ 3 $ 4 $ 9 $ 14 Contractual maturities of fixed-maturity available-for-sale securities at September 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 $ 152 $ 152 Due after 1 year through 5 years 623 615 Due after 5 years through 10 years 378 361 Due after 10 years 208 200 Mortgage-backed, asset-backed, and collateralized securities 276 274 Total $ 1,637 $ 1,602 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 $170 million and $152 million at September 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) September 30, December 31, Fixed maturity trading and other securities: Bonds Non-U.S. government and government sponsored entities $ 3 $ 3 Corporate debt 97 124 Mortgage-backed, asset-backed, and collateralized: RMBS 1 2 CMBS 2 2 CDO/ABS 3 — Total bonds 106 131 Preferred stock 6 6 Total * $ 112 $ 137 * The fair value of other securities, which we have elected the fair value option, totaled $112 million at September 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net unrealized gains (losses) on trading and other securities held at period end $ (2 ) $ (1 ) $ 6 $ 3 Net realized gains (losses) on trading and other securities sold or redeemed 4 (1 ) 4 (2 ) Total $ 2 $ (2 ) $ 10 $ 1

Transactions with Affiliates of

Transactions with Affiliates of Fortress	9 Months Ended
	Sep. 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 September 30, 2016 and 2015 and $1 million for the nine months ended September 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 September 30, 2016 and 2015 . Costs and fees incurred for these investment management services totaled $1 million for the nine months ended September 30, 2016 and 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 we are terminated, we will continue to act as the servicer of the SpringCastle Portfolio for the SpringCastle Funding Trust pursuant to a servicing agreement. Servicing fees revenue totaled $10 million and $21 million for the three and nine months ended September 30, 2016 . At September 30, 2016 , the servicing fees receivable from the SpringCastle Funding Trust totaled $3 million .

Long-term Debt

Long-term Debt	9 Months Ended
	Sep. 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 September 30, 2016 were as follows: Senior Debt (dollars in millions) Securitizations Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.04% - 6.94% 5.25% - 8.25% 6.00 % Fourth quarter 2016 $ — $ — $ — $ — First quarter 2017 — — — — Second quarter 2017 — — — — Third quarter 2017 — 257 — 257 Fourth quarter 2017 — 1,032 — 1,032 2018 — — — — 2019 — 1,400 — 1,400 2020 — 1,300 — 1,300 2021-2067 — 1,750 350 2,100 Securitizations (b) 8,303 — — 8,303 Total principal maturities $ 8,303 $ 5,739 $ 350 $ 14,392 Total carrying amount $ 8,287 $ 5,535 $ 172 $ 13,994 Debt issuance costs (c) $ (19 ) $ (16 ) $ — $ (35 ) (a) The interest rates shown are the range of contractual rates in effect at September 30, 2016 . (b) Securitizations are not included in above maturities by period due to their variable monthly repayments. At September 30, 2016 , there were no amounts drawn under our revolving conduit facilities. See Note 10 for further information on our long-term debt associated with securitizations and revolving conduit facilities. (c) 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 $14 million at September 30, 2016 and are reported in other assets. 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 September 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 the Base Indenture and the 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 September 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 September 30, 2016 , approximately $2.9 billion aggregate principal amount of the Other SFC Notes were 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 September 30, 2016 , $1.5 billion aggregate principal amount of the OMFH Notes were outstanding. Subsequently, on November 8, 2016, OMH agreed to fully, unconditionally, and irrevocably guarantee the OMFH Notes. See Note 18 for further information on OMH’s guarantee of the OMFH Notes.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 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) September 30, December 31, Assets Cash and cash equivalents $ 4 $ 11 Finance receivables: Personal loans 9,843 11,448 SpringCastle Portfolio — 1,703 Allowance for finance receivable losses 500 431 Finance receivables held for sale — 435 Restricted cash and cash equivalents 548 663 Other assets 14 48 Liabilities Long-term debt $ 8,287 $ 11,654 Other liabilities 14 17 SECURITIZATION TRANSACTIONS SFC Auto Loan Securitization ODART 2016-1 Securitization. On July 19, 2016, SFC 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 direct auto 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 was 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. 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 on 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 on 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. On July 25, 2016, OneMain Financial Funding III, LLC, a wholly owned special purpose vehicle of OMFH, sold $83 million principal amount of the previously retained Class C Notes issued by OMFIT 2016-2 to unaffiliated third parties at an interest rate of 5.67% . 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 on 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 September 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 — January 2018 Sumner Brook 2013-VFN1 Trust 350 — 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) 600 — February 2019 Total $ 4,600 $ — (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 direct auto loans and will be due and payable in full 12 months following the maturity of the last direct auto 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 the 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 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 . VIE INTEREST EXPENSE Other than our retained subordinate and residual interests in the remaining consolidated securitization trusts, we are under no obligation, either contractually or implicitly, to provide financial support to these entities. Consolidated interest expense related to our VIEs for the three and nine months ended September 30, 2016 totaled $81 million and $261 million , respectively, compared to $49 million and $136 million for the three and nine months ended September 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 September 30, 2016 , this reserve totaled $7 million . We had no repurchase activity associated with these sales as of September 30, 2016 . See Note 14 for further information on the total reserve for sales recourse obligations relating to our real estate loan sales, including the sales of the mortgage-backed retained certificates.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 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 Nine Months Ended 2016 2015 2016 2015 Numerator (basic and diluted): Net income (loss) attributable to OneMain Holdings, Inc. $ 25 $ (13 ) $ 188 $ (23 ) Denominator: Weighted average number of shares outstanding (basic) 134,730,251 134,452,763 134,717,870 125,701,635 Effect of dilutive securities * 256,883 — 231,467 — Weighted average number of shares outstanding (diluted) 134,987,134 134,452,763 134,949,337 125,701,635 Earnings (loss) per share: Basic $ 0.19 $ (0.10 ) $ 1.40 $ (0.18 ) Diluted $ 0.19 $ (0.10 ) $ 1.39 $ (0.18 ) * We have excluded the following shares in the diluted earnings (loss) per share calculation for the three and nine months ended September 30, 2016 and 2015 because these shares would be anti-dilutive, which could impact the earnings (loss) per share calculation in the future: • 573,658 and 593,331 performance-based shares and 870,645 and 521,127 service-based shares for the three months ended September 30, 2016 and 2015 , respectively; and • 576,437 and 593,068 performance-based shares and 960,032 and 472,259 service-based shares for the nine months ended September 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)	9 Months Ended
	Sep. 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 September 30, 2016 Balance at beginning of period $ 20 $ (19 ) $ 4 $ 5 Other comprehensive income (loss) before reclassifications 6 — — 6 Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — (5 ) (7 ) Balance at end of period $ 24 $ (19 ) $ (1 ) $ 4 Three Months Ended September 30, 2015 Balance at beginning of period $ 2 $ (13 ) $ 4 $ (7 ) Other comprehensive loss before reclassifications (2 ) — — (2 ) Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 ) Nine Months Ended September 30, 2016 Balance at beginning of period $ (14 ) $ (19 ) $ — $ (33 ) Other comprehensive income (loss) before reclassifications 44 — 4 48 Reclassification adjustments from accumulated other comprehensive income (loss) (6 ) — (5 ) (11 ) Balance at end of period $ 24 $ (19 ) $ (1 ) $ 4 Nine Months Ended September 30, 2015 Balance at beginning of period $ 12 $ (13 ) $ 4 $ 3 Other comprehensive loss before reclassifications (5 ) — — (5 ) Reclassification adjustments from accumulated other comprehensive income (loss) (9 ) — — (9 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 ) Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our condensed consolidated statements of operations were as follows: (dollars in millions) Three Months Ended Nine Months Ended 2016 2015 2016 2015 Unrealized gains on investment securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 3 $ 4 $ 9 $ 14 Income tax effect (1 ) (2 ) (3 ) (5 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes 2 2 6 9 Unrealized gains on foreign currency translation adjustments: Reclassification from accumulated other comprehensive income (loss) to other revenues 5 — 5 — Total $ 7 $ 2 $ 11 $ 9

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes At September 30, 2016 , we had a net deferred tax asset of $171 million , compared to $95 million at December 31, 2015 . The increase in net deferred tax asset of $76 million was primarily due to changes in the fair value of our finance receivables, purchase accounting for debt writedown, and an increase in allowance for finance receivable losses, partially offset by the impact of the SpringCastle Interests Sale and amortization of goodwill for tax purposes. The effective tax rate for the nine months ended September 30, 2016 was 33.9% , compared to 1.3% for the same period in 2015 . The effective tax rate for the nine months ended September 30, 2016 differed from the federal statutory rate primarily due to the effect of the non-controlling interests in the previously owned SpringCastle Portfolio, partially offset by the effect of state income taxes. The effective tax rate for the nine months ended September 30, 2015 differed from the federal statutory rate primarily due to the effect 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 $17 million at September 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	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies LEGAL CONTINGENCIES In the normal course of business, we have been named, from time to time, as defendants in various legal actions, including arbitrations, class actions and other litigation arising in connection with our 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 evaluate legal actions to determine whether a loss is reasonably possible or probable and is reasonably estimable, there can be no assurance that material losses will not be incurred from pending, threatened or future litigation, investigations, examinations, or other claims. 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 Real Estate Loan Sales At September 30, 2016 , our reserve for sales recourse obligations totaled $14 million , which primarily related to the real estate loan sales in 2014. During the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016 , we had no repurchase activity related to our real estate loan sales in 2014. For the nine months ended September 30, 2015 , we repurchased 13 loans, totaling $1 million , associated with the real estate loan sales in 2014. At September 30, 2016 , there were no material recourse requests with loss exposure that management believed would not be covered by the reserve. However, we will continue to monitor any repurchase activity in the future and will adjust the reserve accordingly. When 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. 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 September 30, Nine Months Ended September 30, (dollars in millions) 2016 2015 2016 2015 Balance at beginning of period $ 15 $ 18 $ 15 $ 24 Recourse losses — — — (5 ) Provision for recourse obligations, net of recoveries * (1 ) — (1 ) (1 ) Balance at end of period $ 14 $ 18 $ 14 $ 18 * Reflects the elimination of the reserve associated with other prior sales of finance receivables. We did not establish a reserve for sales recourse obligations associated with the August 2016 Real Estate Loan Sale. Lendmark Sale We did not establish a reserve for sales recourse obligations associated with the personal loans sold to Lendmark in May of 2016 due to the higher credit quality of the personal loans sold.

Benefit Plans

Benefit Plans	9 Months Ended
	Sep. 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 Nine Months Ended 2016 2015 2016 2015 Components of net periodic benefit cost - pension plans: Interest cost $ 4 $ 4 $ 12 $ 12 Expected return on assets (5 ) (5 ) (13 ) (14 ) Net periodic benefit cost $ (1 ) $ (1 ) $ (1 ) $ (2 ) We do not currently fund post retirement benefits.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information Our segments coincide with how our businesses are managed. At September 30, 2016 , our three segments included: • Consumer and Insurance — We originate and service personal loans (secured and unsecured) through two business divisions: branch operations and centralized operations. We also 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 previously 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 we are terminated, we will continue to provide the servicing for these loans pursuant to a servicing agreement, 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 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, prior to its liquidation on August 16, 2016. On November 15, 2015, we completed our acquisition of OneMain, and their results are included in our consolidated results for the three and nine months ended September 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 to the consolidated financial statements 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 (eliminates premiums/discounts on our finance receivables at acquisition, as well as the amortization/accretion in future periods). 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 on 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 Acquisitions 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 September 30, 2015, had it been in place as of the beginning of the year, would be an increase in interest expense of $59 million for Consumer and Insurance and a decrease in interest expense of $44 million and $15 million for Real Estate and Other, respectively. The net effect of the change in debt allocation and asset base methodologies for the nine months ended September 30, 2015, had it been in place as of the beginning of the year, would be an increase in interest expense of $179 million for Consumer and Insurance and a decrease in interest expense of $134 million and $45 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. 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 expenses 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. 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 - reverses the impact of premiums/discounts on non-impaired purchased finance receivables and the interest income recognition under guidance in Accounting Standards Codification (“ASC”) 310-20, Nonrefundable Fees and Other Costs , and reestablishes interest income recognition on a historical cost basis; • Interest expense - reverses the impact of premiums/discounts on acquired long-term debt and reestablishes interest expense recognition on a historical cost basis; • Provision for finance receivable losses - reverses the impact of providing an allowance for finance receivable losses upon acquisition and reestablishes the allowance on a historical cost basis and reverses the impact of recognition of net charge-offs on purchased credit impaired finance receivables and reestablishes the net charge-offs on a historical cost basis; • Other revenues - reestablishes the historical cost basis of mark-to-market adjustments on finance receivables held for sale and on realized gains/losses associated with our investment portfolio; • Acquisition-related transaction and integration expenses - reestablishes the amortization of purchased software assets on a historical cost basis; and • Other expenses - reestablishes expenses on a historical cost basis by reversing the impact of amortization from acquired intangible assets and including amortization of other historical deferred costs. 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 $ 827 $ — $ 10 $ 1 $ — $ (68 ) $ 770 Interest expense 191 — 8 1 — 15 215 Provision for finance receivable losses 224 — 1 — — 38 263 Net interest income after provision for finance receivable losses 412 — 1 — — (121 ) 292 Other revenues 151 12 (12 ) (5 ) — 12 158 Acquisition-related transaction and integration expenses 17 — 1 4 — (1 ) 21 Other expenses 367 10 8 1 — 10 396 Income (loss) before provision for (benefit from) income taxes $ 179 $ 2 $ (20 ) $ (10 ) $ — $ (118 ) $ 33 Three Months Ended Interest income $ 293 $ 113 $ 17 $ 1 $ — $ 3 $ 427 Interest expense 43 22 58 16 — 32 171 Provision for finance receivable losses 62 15 (4 ) — — 6 79 Net interest income (loss) after provision for finance receivable losses 188 76 (37 ) (15 ) — (35 ) 177 Other revenues 55 13 (2 ) — (13 ) (6 ) 47 Acquisition-related transaction and integration expenses — — — 14 — — 14 Other expenses 166 27 8 1 (13 ) 1 190 Income (loss) before provision for (benefit from) income taxes 77 62 (47 ) (30 ) — (42 ) 20 Income before provision for income taxes attributable to non-controlling interests — 32 — — — — 32 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 77 $ 30 $ (47 ) $ (30 ) $ — $ (42 ) $ (12 ) (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Segment to GAAP Adjustment Consolidated Total At or for the Nine Months Ended Interest income $ 2,507 $ 102 $ 40 $ 3 $ — $ (310 ) $ 2,342 Interest expense 551 20 35 2 — 47 655 Provision for finance receivable losses 669 14 5 — — (14 ) 674 Net interest income after provision for finance receivable losses 1,287 68 — 1 — (343 ) 1,013 Net gain on sale of SpringCastle interests — 167 — — — — 167 Other revenues 467 36 (30 ) (5 ) (11 ) 2 459 Acquisition-related transaction and integration expenses 62 1 1 19 — (8 ) 75 Other expenses 1,140 47 21 — (11 ) 40 1,237 Income (loss) before provision for (benefit from) income taxes 552 223 (52 ) (23 ) — (373 ) 327 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. $ 552 $ 195 $ (52 ) $ (23 ) $ — $ (373 ) $ 299 Assets $ 15,728 $ 5 $ 371 $ 242 $ — $ 2,007 $ 18,353 At or for the Nine Months Ended Interest income $ 818 $ 355 $ 52 $ 6 $ — $ 9 $ 1,240 Interest expense 119 67 177 48 (5 ) 94 500 Provision for finance receivable losses 172 53 (7 ) 1 — 14 233 Net interest income (loss) after provision for finance receivable losses 527 235 (118 ) (43 ) 5 (99 ) 507 Other revenues 162 45 4 — (45 ) (12 ) 154 Acquisition-related transaction and integration expenses — — — 29 — — 29 Other expenses 471 82 24 16 (40 ) 3 556 Income (loss) before provision for (benefit from) income taxes 218 198 (138 ) (88 ) — (114 ) 76 Income before provision for income taxes attributable to non-controlling interests — 98 — — — — 98 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 218 $ 100 $ (138 ) $ (88 ) $ — $ (114 ) $ (22 ) Assets * $ 5,503 $ 1,880 $ 3,551 $ 2,255 $ — $ (24 ) $ 13,165 * 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 $240 million at September 30, 2015 .

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 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 September 30, 2016 Assets Cash and cash equivalents $ 589 $ 69 $ — $ 658 $ 658 Investment securities 35 1,743 10 1,788 1,788 Net finance receivables, less allowance for finance receivable losses — — 13,984 13,984 13,198 Finance receivables held for sale — — 166 166 166 Restricted cash and cash equivalents 558 — — 558 558 Other assets: Commercial mortgage loans — — 45 45 45 Escrow advance receivable — — 9 9 9 Receivables related to sales of real estate loans and related trust assets — 1 — 1 5 Liabilities Long-term debt $ — $ 14,577 $ — $ 14,577 $ 13,994 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 September 30, 2016 Assets Cash equivalents in mutual funds $ 158 $ — $ — $ 158 Cash equivalents securities — 69 — 69 Investment securities: Available-for-sale securities Bonds: U.S. government and government sponsored entities — 40 — 40 Obligations of states, municipalities, and political subdivisions — 135 — 135 Non-U.S. government and government sponsored entities — 119 — 119 Corporate debt — 1,066 1 1,067 RMBS — 82 — 82 CMBS — 112 — 112 CDO/ABS — 81 1 82 Total bonds — 1,635 2 1,637 Preferred stock 8 7 — 15 Common stock 21 — — 21 Other long-term investments — — 2 2 Total available-for-sale securities * 29 1,642 4 1,675 Other securities Bonds: Non-U.S. government and government sponsored entities — 3 — 3 Corporate debt — 93 4 97 RMBS — 1 — 1 CMBS — 2 — 2 CDO/ABS — 2 1 3 Total bonds — 101 5 106 Preferred stock 6 — — 6 Total other securities 6 101 5 112 Total investment securities 35 1,743 9 1,787 Restricted cash in mutual funds 163 — — 163 Total $ 356 $ 1,812 $ 9 $ 2,177 * Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 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 nine months ended September 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 CDO/ABS — — — 1 — — 1 Total bonds 1 — — 1 — — 2 Other long-term investments 1 — 1 — — — 2 Total available-for-sale securities 2 — 1 1 — — 4 Other securities Bonds: Corporate debt 4 — — — — — 4 CDO/ABS — — — 1 — — 1 Total other securities 4 — — 1 — — 5 Total $ 6 $ — $ 1 $ 2 $ — $ — $ 9 Three Months Ended Investment securities: Available-for-sale securities Preferred stock $ — $ — $ — $ 10 $ — $ — $ 10 Other long-term investments 1 — — — — — 1 Total $ 1 $ — $ — $ 10 $ — $ — $ 11 Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into Transfers Balance Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Nine Months Ended Investment securities: Available-for-sale securities Bonds: Corporate debt $ — $ — $ — $ — $ 1 $ — $ 1 CDO/ABS — — — 1 — — 1 Total bonds — — — 1 1 — 2 Other long-term investments 2 — — — — — 2 Total available-for-sale securities 2 — — 1 1 — 4 Other securities Bonds: Corporate debt — — — — 4 — 4 CDO/ABS — — — 1 — — 1 Total other securities — — — 1 4 — 5 Total $ 2 $ — $ — $ 2 $ 5 $ — $ 9 Nine Months Ended Investment securities: Available-for-sale securities Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — CMBS 3 — — — — (3 ) — Total bonds 7 — — (4 ) — (3 ) — Preferred stock — — — 10 — — 10 Other long-term investments 1 — — — — — 1 Total $ 8 $ — $ — $ 6 $ — $ (3 ) $ 11 (a) The detail of purchases and settlements is presented in the table below: (dollars in millions) Three Months Ended Nine Months Ended 2016 2015 2016 2015 Investment securities: Purchases Available-for-sale securities Bonds: Corporate debt $ 2 $ — $ 2 $ — CDO/ABS 1 — 1 — Total bonds 3 — 3 — Preferred stock — 10 — 10 Total available-for-sale securities 3 10 3 10 Other securities Bonds: CDO/ABS 1 — 1 — Total purchases 4 10 4 10 Settlements Available-for-sale securities Bonds: Corporate debt (2 ) — (2 ) (4 ) Total $ 2 $ 10 $ 2 $ 6 (b) During the nine months ended September 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 nine months ended September 30, 2015 , we transferred CMBS securities totaling $3 million out of Level 3 primarily related to the greater observability of pricing inputs. 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 September 30, 2016 and December 31, 2015 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 30, 2016 December 31, 2015 Corporate debt Discounted cash flows Yield 2.13% - 10.76% (5.22%) — 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 described in note (a) above), 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 September 30, 2016 Assets Finance receivables held for sale $ — $ — $ 157 $ 157 Real estate owned — — 6 6 Commercial mortgage loans — — 3 3 Total $ — $ — $ 166 $ 166 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 Nine Months Ended 2016 2015 2016 2015 Assets Finance receivables held for sale $ — $ — $ 5 $ — Real estate owned 1 1 2 3 Commercial mortgage loans (1 ) — — (2 ) Total $ — $ 1 $ 7 $ 1 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 nine months ended September 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 nine months ended September 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 September 30, 2016 and December 31, 2015 was as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 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 The fair value of mutual funds is based on quoted market prices of the underlying shares held in the mutual funds. Investment Securities We utilize third-party valuation service providers to measure the fair value of our investment securities, which are classified as available-for-sale or as trading and 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 September 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 Event

Subsequent Event	9 Months Ended
	Sep. 30, 2016
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event OMH GUARANTY OF OMFH DEBT On November 8, 2016, OMH entered into a second supplemental indenture (the “Supplemental Indenture”) to the OMFH Indenture, pursuant to which OMH agreed to fully, unconditionally and irrevocably guarantee the outstanding OMFH Notes in accordance with and subject to the terms of the OMFH Indenture. Further, as permitted by the terms of the OMFH Indenture, OMFH intends to satisfy its reporting obligations under the OMFH Indenture with respect to providing OMFH financial information to the holders of the OMFH Notes by furnishing financial information relating to the Company. See Note 9 for further information on the OMFH Indenture and the OMFH Notes.

Business and Basis of Present26

Business and Basis of Presentation (Policies)	9 Months Ended
	Sep. 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. The condensed consolidated financial statements in this report 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. As a result of the change in accounting policy, we have revised certain sections in our 2015 Annual Report on Form 10-K to reflect the retrospective application of this change in accounting policy, and such revised disclosures are included in exhibits to our Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on August 29, 2016 (the “retrospective Form 8-K”). Therefore, the condensed consolidated financial statements in this report should also be read in conjunction with the retrospective Form 8-K.
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 pool. Historically, we removed loans from a purchased credit impaired 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 purchased credit impaired 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 purchased credit impaired loans is preferable as it enhances consistency with our industry peers. As of January 1, 2015, the cumulative effect of applying the change in accounting policy increased shareholders’ equity by $36 million . For the three and nine months ended September 30, 2016, respectively, the effect of this change in accounting policy was as follows: • increased income before provision for income taxes by $24 million and $27 million ; • increased net income by $15 million and $17 million ; • increased net income attributable to OMH by $15 million and $15 million ; • increased basic earnings per share by $0.11 and $0.11 ; and • increased diluted earnings per share by $0.11 and $0.11 . Our policy for derecognition of purchased credit impaired 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 update on a quarterly basis the amount of cash flows we expect to collect, which incorporates 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, and such removal will not affect the yield used to recognize accretable yield of the pool. We have retrospectively applied 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 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. 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 amendments in this ASU were adopted as follows: • We adopted the amendment requiring recognition of tax benefits related to exercised or vested awards through the income statement rather than additional paid-in capital on a prospective basis as of January 1, 2016. Further, as of January 1, 2016, there was no impact to additional paid-in capital as a result of our adoption of this ASU under the modified retrospective method. • We did not adopt the amendment allowing for the use of the actual number of shares vested each period, rather than estimating the number of awards that are expected to vest. We continue to use an estimate as it relates to the number of awards that are expected to vest. • We adopted the amendment for the threshold to qualify for equity classification permits withholding up to the maximum statutory tax rates, under the modified retrospective basis as of January 1, 2016. This amendment did not have a material impact on our consolidated financial statements. • We adopted the amendment requiring the classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes to be presented in the financing activities instead of the operating activities, under the retrospective method as of January 1, 2014. This amendment did not have a material impact on our consolidated financial statements. • We adopted the amendment requiring the classification of excess tax benefits on the statement of cash flows to be presented in the operating activities instead of the financing activities, under the prospective method as of September 30, 2016. This amendment did not have a material impact 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. 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 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 evaluating the expected impacts. Statement of Cash Flows In August of 2016, the FASB issued ASU 2016-15, Statement of Cash Flows , which clarifies how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments in this ASU will become effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. We are evaluating whether the adoption of this ASU will have a material effect on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during the nine months ended September 30, 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)	9 Months Ended
	Sep. 30, 2016
Organization [Abstract]
Schedule of Revised Condensed Income Statement	Revised Condensed Consolidated Statements of Operations (dollars in millions, except loss per share) Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 As Reported As Adjusted As Reported As Adjusted Interest income: Finance charges $ 424 $ 422 $ 1,234 $ 1,227 Finance receivables held for sale originated as held for investment 4 5 13 13 Total interest income 428 427 1,247 1,240 Interest expense 171 171 500 500 Net interest income 257 256 747 740 Provision for finance receivable losses 82 79 249 233 Net interest income after provision for finance receivable losses 175 177 498 507 Other revenues: Insurance 40 40 116 116 Investment 11 11 44 44 Other — (4 ) (2 ) (6 ) Total other revenues 51 47 158 154 Other expenses: Operating expenses: Salaries and benefits 100 100 305 305 Acquisition-related transaction and integration expenses 14 14 29 29 Other operating expenses 73 73 198 198 Insurance policy benefits and claims 17 17 53 53 Total other expenses 204 204 585 585 Income before provision for income taxes 22 20 71 76 Provision for income taxes 2 1 1 1 Net income 20 19 70 75 Net income attributable to non-controlling interests 31 32 93 98 Net loss attributable to OneMain Holdings, Inc. $ (11 ) $ (13 ) $ (23 ) $ (23 ) Share Data: Weighted average number of shares outstanding: Basic 134,452,763 134,452,763 125,701,635 125,701,635 Diluted 134,452,763 134,452,763 125,701,635 125,701,635 Loss per share: Basic $ (0.08 ) $ (0.10 ) $ (0.18 ) $ (0.18 ) Diluted $ (0.08 ) $ (0.10 ) $ (0.18 ) $ (0.18 )
Schedule of Revised Condensed Cash Flow Statement	Revised Condensed Consolidated Statement of Cash Flows (dollars in millions) Nine Months Ended September 30, 2015 As Reported * As Adjusted Cash flows from operating activities Net income $ 70 $ 75 Reconciling adjustments: Provision for finance receivable losses 249 233 Depreciation and amortization 68 75 Deferred income tax benefit (10 ) (10 ) Non-cash incentive compensation from Initial Stockholder 15 15 Share-based compensation expense, net of forfeitures 6 6 Other (13 ) (10 ) Cash flows due to changes in: Other assets and other liabilities 37 41 Insurance claims and policyholder liabilities 22 22 Taxes receivable and payable (49 ) (49 ) Accrued interest and finance charges (1 ) (1 ) Other, net 1 1 Net cash provided by operating activities 395 398 Cash flows from investing activities Net principal collections (originations) of finance receivables held for investment and held for sale (593 ) (593 ) Proceeds on sales of finance receivables held for sale originated as held for investment 88 88 Available-for-sale securities purchased (382 ) (382 ) Trading and other securities purchased (1,465 ) (1,465 ) Available-for-sale securities called, sold, and matured 411 411 Trading and other securities called, sold, and matured 2,581 2,581 Change in restricted cash and cash equivalents (46 ) (46 ) Proceeds from sale of real estate owned 12 12 Other, net (13 ) (13 ) Net cash provided by investing activities 593 593 Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 1,929 1,929 Proceeds from issuance of common stock, net of offering costs 976 976 Repayments of long-term debt (850 ) (850 ) Distributions to joint venture partners (59 ) (58 ) Excess tax benefit from share-based compensation 2 2 Withholding tax on RSUs vested (4 ) (4 ) Net cash provided by financing activities 1,994 1,995 Net change in cash and cash equivalents 2,982 2,986 Cash and cash equivalents at beginning of period 879 879 Cash and cash equivalents at end of period $ 3,861 $ 3,865 * The condensed consolidated statement of cash flows for the nine months ended September 30, 2015 includes a reclassification resulting from our adoption of Accounting Standards Update (“ASU”) 2016-09, Improvements to Employee Share-Based Payment Accounting. See Note 3 for further information regarding this ASU.

Significant Transactions (Table

Significant Transactions (Tables)	9 Months Ended
	Sep. 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, became available: (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. (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 Nine Months Ended September 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 Nine Months Ended Interest income $ 838 $ 2,442 Net income attributable to OneMain Holdings, Inc. 27 92

Finance Receivables (Tables)

Finance Receivables (Tables)	9 Months Ended
	Sep. 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 September 30, 2016 Gross receivables * $ 15,607 $ — $ 200 $ 14 $ 15,821 Unearned finance charges and points and fees (2,175 ) — — (1 ) (2,176 ) Accrued finance charges 145 — 1 — 146 Deferred origination costs 79 — — — 79 Total $ 13,656 $ — $ 201 $ 13 $ 13,870 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 • 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) September 30, December 31, Personal loans $ 1 $ 2 SpringCastle Portfolio — 365 Real estate loans 10 30 Total $ 11 $ 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 September 30, 2016 Net finance receivables: Performing Current $ 12,992 $ — $ 152 $ 13 $ 13,157 30-59 days past due 211 — 14 — 225 60-89 days past due 145 — 7 — 152 Total performing 13,348 — 173 13 13,534 Nonperforming 90-119 days past due 115 — 3 — 118 120-149 days past due 99 — 3 — 102 150-179 days past due 91 — 2 — 93 180 days or more past due 3 — 20 — 23 Total nonperforming 308 — 28 — 336 Total $ 13,656 $ — $ 201 $ 13 $ 13,870 Total 60+ delinquent finance receivables $ 453 $ — $ 35 $ — $ 488 December 31, 2015 Net finance receivables: Performing Current $ 12,777 $ 1,588 $ 486 $ 22 $ 14,873 30-59 days past due 170 49 13 — 232 60-89 days past due 127 26 19 — 172 Total performing 13,074 1,663 518 22 15,277 Nonperforming 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 nonperforming 221 40 20 1 282 Total $ 13,295 $ 1,703 $ 538 $ 23 $ 15,559 Total 60+ delinquent finance receivables $ 348 $ 66 $ 39 $ 1 $ 454
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 September 30, 2016 Carrying amount, net of allowance $ 380 $ — $ 72 $ 452 Outstanding balance 519 — 109 628 Allowance for purchased credit impaired finance receivable losses 29 — 8 37 December 31, 2015 Carrying amount, net of allowance $ 652 $ 350 $ 89 $ 1,091 Outstanding balance 911 482 136 1,529 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 September 30, 2016 Carrying amount $ 56 Outstanding balance 85 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 September 30, 2016 Carrying amount $ 56 Outstanding balance 85 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 September 30, 2016 Balance at beginning of period $ 87 $ — $ 61 $ 148 Accretion (a) (15 ) — (1 ) (16 ) Reclassifications from nonaccretable difference (b) — — 8 8 Transfer due to finance receivables sold — — (11 ) (11 ) Balance at end of period $ 72 $ — $ 57 $ 129 Three Months Ended September 30, 2015 Balance at beginning of period $ — $ 411 $ 53 $ 464 Accretion (a) — (19 ) (2 ) (21 ) Reclassifications from nonaccretable difference (b) — — 1 1 Balance at end of period $ — $ 392 $ 52 $ 444 Nine Months Ended September 30, 2016 Balance at beginning of period $ 151 $ 375 $ 66 $ 592 Accretion (a) (56 ) (16 ) (5 ) (77 ) Other (c) (23 ) — — (23 ) Reclassifications from nonaccretable difference (b) — — 7 7 Transfer due to finance receivables sold — (359 ) (11 ) (370 ) Balance at end of period $ 72 $ — $ 57 $ 129 Nine Months Ended September 30, 2015 Balance at beginning of period $ — $ 452 $ 54 $ 506 Accretion (a) — (60 ) (6 ) (66 ) Reclassifications from nonaccretable difference (b) — — 4 4 Balance at end of period $ — $ 392 $ 52 $ 444 (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 Nine Months Ended 2016 2015 2016 2015 Accretion $ 2 $ 1 $ 4 $ 4 (b) Reclassifications from nonaccretable difference represents the increases in accretable yield resulting from higher 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 decrease 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 Nine Months Ended 2016 2015 2016 2015 Accretion $ 2 $ 1 $ 4 $ 4
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 September 30, 2016 TDR gross finance receivables (b) $ 117 $ — $ 137 $ 254 TDR net finance receivables 117 — 138 255 Allowance for TDR finance receivable losses 49 — 11 60 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 September 30, 2016 TDR gross finance receivables $ — $ 90 $ 90 TDR net finance receivables — 90 90 December 31, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94 (b) As defined earlier in this Note.
Schedule of Information regarding new volume of TDR finance receivables held for sale [Table Text Block]	(a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total September 30, 2016 TDR gross finance receivables $ — $ 90 $ 90 TDR net finance receivables — 90 90 December 31, 2015 TDR gross finance receivables $ 2 $ 92 $ 94 TDR net finance receivables 2 92 94
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 [Table Text Block]	TDR average net receivables held for investment and held for sale and finance charges recognized on TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans * SpringCastle Portfolio Real Estate Loans * Total Three Months Ended September 30, 2016 TDR average net receivables $ 102 $ — $ 159 $ 261 TDR finance charges recognized 4 — 3 7 Three Months Ended September 30, 2015 TDR average net receivables $ 30 $ 12 $ 199 $ 241 TDR finance charges recognized — 1 2 3 Nine Months Ended September 30, 2016 TDR average net receivables $ 83 $ — $ 187 $ 270 TDR finance charges recognized 7 — 9 16 Nine Months Ended September 30, 2015 TDR average net receivables $ 28 $ 12 $ 197 $ 237 TDR finance charges recognized 2 1 8 11 * 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 September 30, 2016 TDR average net receivables $ — $ 112 $ 112 TDR finance charges recognized — 2 2 Three Months Ended September 30, 2015 TDR average net receivables $ — $ 92 $ 92 TDR finance charges recognized — 2 2 Nine Months Ended September 30, 2016 TDR average net receivables $ 1 $ 105 $ 106 TDR finance charges recognized — 5 5 Nine Months Ended September 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 4 4
TDR average net receivables held for sale and finance charges recognized on TDR finance receivables held for sale [Table Text Block]	* 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 September 30, 2016 TDR average net receivables $ — $ 112 $ 112 TDR finance charges recognized — 2 2 Three Months Ended September 30, 2015 TDR average net receivables $ — $ 92 $ 92 TDR finance charges recognized — 2 2 Nine Months Ended September 30, 2016 TDR average net receivables $ 1 $ 105 $ 106 TDR finance charges recognized — 5 5 Nine Months Ended September 30, 2015 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 4 4
Schedule of new volume of the TDR finance receivables held for investment and held for sale [Table Text Block]	Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended September 30, 2016 Pre-modification TDR net finance receivables $ 48 $ — $ 3 $ 51 Post-modification TDR net finance receivables: Rate reduction $ 43 $ — $ 3 $ 46 Other (b) 3 — 1 4 Total post-modification TDR net finance receivables $ 46 $ — $ 4 $ 50 Number of TDR accounts 6,241 — 86 6,327 Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 8 $ 1 $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 3 $ 1 $ 3 $ 7 Other (b) 3 — 2 5 Total post-modification TDR net finance receivables $ 6 $ 1 $ 5 $ 12 Number of TDR accounts 1,557 142 95 1,794 Nine Months Ended September 30, 2016 Pre-modification TDR net finance receivables $ 148 $ 1 $ 13 $ 162 Post-modification TDR net finance receivables: Rate reduction $ 136 $ 1 $ 11 $ 148 Other (b) 8 — 3 11 Total post-modification TDR net finance receivables $ 144 $ 1 $ 14 $ 159 Number of TDR accounts 19,866 157 291 20,314 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables $ 24 $ 5 $ 16 $ 45 Post-modification TDR net finance receivables: Rate reduction $ 11 $ 5 $ 12 $ 28 Other (b) 9 — 4 13 Total post-modification TDR net finance receivables $ 20 $ 5 $ 16 $ 41 Number of TDR accounts 4,900 550 272 5,722 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total Three Months Ended September 30, 2016 Pre-modification TDR net finance receivables $ — $ 1 $ 1 Post-modification TDR net finance receivables $ — $ 2 $ 2 Number of TDR accounts — 39 39 Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 50 33 83 Nine Months Ended September 30, 2016 Pre-modification TDR net finance receivables * $ — $ 3 $ 3 Post-modification TDR net finance receivables * $ — $ 4 $ 4 Number of TDR accounts 174 90 264 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 4 $ 4 Post-modification TDR net finance receivables * $ — $ 5 $ 5 Number of TDR accounts 50 77 127 * Pre- and post-modification TDR personal loans held for sale for the nine months ended September 30, 2016 and the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above. (b) “Other” modifications primarily include forgiveness of principal or interest.
new volume of the TDR finance receivables held for sale [Table Text Block]	(a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Loans Real Estate Loans Total Three Months Ended September 30, 2016 Pre-modification TDR net finance receivables $ — $ 1 $ 1 Post-modification TDR net finance receivables $ — $ 2 $ 2 Number of TDR accounts — 39 39 Three Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 1 $ 1 Post-modification TDR net finance receivables * $ — $ 2 $ 2 Number of TDR accounts 50 33 83 Nine Months Ended September 30, 2016 Pre-modification TDR net finance receivables * $ — $ 3 $ 3 Post-modification TDR net finance receivables * $ — $ 4 $ 4 Number of TDR accounts 174 90 264 Nine Months Ended September 30, 2015 Pre-modification TDR net finance receivables * $ — $ 4 $ 4 Post-modification TDR net finance receivables * $ — $ 5 $ 5 Number of TDR accounts 50 77 127 * Pre- and post-modification TDR personal loans held for sale for the nine months ended September 30, 2016 and the three and nine months ended September 30, 2015 were less than $1 million and, therefore, are not quantified in the table above.
Net finance receivables that were modified as TDR finance receivables defaulted within the previous 12 months nonperforming [Table Text Block]	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 September 30, 2016 TDR net finance receivables (b) $ 7 $ — $ 1 $ 8 Number of TDR accounts 1,080 — 13 1,093 Three Months Ended September 30, 2015 TDR net finance receivables (b) (c) $ 1 $ — $ 1 $ 2 Number of TDR accounts 343 26 9 378 Nine Months Ended September 30, 2016 TDR net finance receivables (b) (c) $ 13 $ — $ 3 $ 16 Number of TDR accounts 2,120 19 52 2,191 Nine Months Ended September 30, 2015 TDR net finance receivables (b) $ 3 $ 1 $ 2 $ 6 Number of TDR accounts 857 122 35 1,014 (a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2016 TDR net finance receivables * $ — Number of TDR accounts 4 Three Months Ended September 30, 2015 TDR net finance receivables * $ — Number of TDR accounts 1 Nine Months Ended September 30, 2016 TDR net finance receivables $ 1 Number of TDR accounts 25 Nine Months Ended September 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 14 * TDR real estate loans held for sale for the three months ended September 30, 2016 and 2015 that defaulted during the previous 12-month period were less than $1 million and, therefore, are not quantified in the combined table above. (b) Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. (c) TDR SpringCastle Portfolio loans for the nine months ended September 30, 2016 and the three months ended September 30, 2015 that defaulted during the previous 12-month period were less than $1 million and, therefore, are not quantified in the combined table above.
TDR HFS that defaulted during the previously 12-month period [Table Text Block]	(a) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Real Estate Loans Three Months Ended September 30, 2016 TDR net finance receivables * $ — Number of TDR accounts 4 Three Months Ended September 30, 2015 TDR net finance receivables * $ — Number of TDR accounts 1 Nine Months Ended September 30, 2016 TDR net finance receivables $ 1 Number of TDR accounts 25 Nine Months Ended September 30, 2015 TDR net finance receivables $ 1 Number of TDR accounts 14 * TDR real estate loans held for sale for the three months ended September 30, 2016 and 2015 that defaulted during the previous 12-month period were less than $1 million and, therefore, are not quantified in the combined table above.

Allowance for Finance Receiva30

Allowance for Finance Receivable Losses (Tables)	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Schedule of changes in the allowance for finance receivable losses by finance receivable type	Changes in the allowance for finance receivable losses by finance receivable type were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Consolidated Total Three Months Ended September 30, 2016 Balance at beginning of period $ 587 $ — $ 20 $ 1 $ 608 Provision for finance receivable losses 261 — 2 — 263 Charge-offs (213 ) — (4 ) — (217 ) Recoveries 17 — 1 — 18 Balance at end of period $ 652 $ — $ 19 $ 1 $ 672 Three Months Ended September 30, 2015 Balance at beginning of period $ 141 $ 3 $ 41 $ 1 $ 186 Provision for finance receivable losses 61 16 2 — 79 Charge-offs (58 ) (18 ) (4 ) — (80 ) Recoveries 10 3 2 — 15 Other (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 41 $ 1 $ 199 Nine Months Ended September 30, 2016 Balance at beginning of period $ 541 $ 4 $ 46 $ 1 $ 592 Provision for finance receivable losses 652 14 8 — 674 Charge-offs (585 ) (17 ) (10 ) (1 ) (613 ) Recoveries 44 3 4 1 52 Other (b) — (4 ) (29 ) — (33 ) Balance at end of period $ 652 $ — $ 19 $ 1 $ 672 Nine Months Ended September 30, 2015 Balance at beginning of period $ 132 $ 3 $ 46 $ 1 $ 182 Provision for finance receivable losses 173 53 6 1 233 Charge-offs (179 ) (61 ) (15 ) (2 ) (257 ) Recoveries 28 9 4 1 42 Other (a) (1 ) — — — (1 ) Balance at end of period $ 153 $ 4 $ 41 $ 1 $ 199 (a) Other consists of the elimination of allowance for finance receivable losses due to the transfer of personal loans held for investment to finance receivable held for sale on September 30, 2015. (b) Other consists of: • 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; and • 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.
Schedule of allowance for finance receivable losses and net finance receivables by type and by impairment method	The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal SpringCastle Portfolio Real Estate Loans Retail Total September 30, 2016 Allowance for finance receivable losses: Collectively evaluated for impairment $ 574 $ — $ — $ 1 $ 575 Purchased credit impaired finance receivables 29 — 8 — 37 TDR finance receivables 49 — 11 — 60 Total $ 652 $ — $ 19 $ 1 $ 672 Finance receivables: Collectively evaluated for impairment $ 13,130 $ — $ 129 $ 13 $ 13,272 Purchased credit impaired finance receivables 409 — 24 — 433 TDR finance receivables 117 — 48 — 165 Total $ 13,656 $ — $ 201 $ 13 $ 13,870 Allowance for finance receivable losses as a percentage of finance receivables 4.77 % — % 9.96 % 3.55 % 4.85 % 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 $ 12,599 $ 1,340 $ 387 $ 23 $ 14,349 Purchased credit impaired finance receivables 652 350 42 — 1,044 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)	9 Months Ended
	Sep. 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 September 30, 2016 Fixed maturity available-for-sale securities: Bonds U.S. government and government sponsored entities $ 39 $ 1 $ — $ 40 Obligations of states, municipalities, and political subdivisions 132 3 — 135 Non-U.S. government and government sponsored entities 116 3 — 119 Corporate debt 1,041 28 (2 ) 1,067 Mortgage-backed, asset-backed, and collateralized: Residential mortgage-backed securities (“RMBS”) 81 1 — 82 Commercial mortgage-backed securities (“CMBS”) 111 1 — 112 Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) 82 — — 82 Total bonds 1,602 37 (2 ) 1,637 Preferred stock (a) 15 — — 15 Common stock (a) 19 2 — 21 Other long-term investments 2 — — 2 Total (b) $ 1,638 $ 39 $ (2 ) $ 1,675 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 (a) 14 — (1 ) 13 Common stock (a) 23 — — 23 Other long-term investments 2 — — 2 Total (b) $ 1,751 $ 5 $ (27 ) $ 1,729 (a) The Company employs an income equity strategy targeting investments in stocks with strong current dividend yields. Stocks included have a history of stable or increasing dividend payments. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 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 September 30, 2016 Bonds: U.S. government and government sponsored entities $ 1 $ — $ — $ — $ 1 $ — Obligations of states, municipalities, and political subdivisions 23 — 2 — 25 — Non-U.S. government and government sponsored entities 9 — — — 9 — Corporate debt 105 (1 ) 10 (1 ) 115 (2 ) RMBS 19 — — — 19 — CMBS 38 — — — 38 — CDO/ABS 15 — — — 15 — Total bonds 210 (1 ) 12 (1 ) 222 (2 ) Preferred stock 4 — 6 — 10 — Common stock 3 — — — 3 — Other long-term investments — — 1 — 1 — Total $ 217 $ (1 ) $ 19 $ (1 ) $ 236 $ (2 ) 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 Nine Months Ended 2016 2015 2016 2015 Balance at beginning of period $ — $ 1 $ 2 $ 1 Reductions: Realized due to dispositions with no prior intention to sell — — 2 — Balance at end of period $ — $ 1 $ — $ 1
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 Nine Months Ended 2016 2015 2016 2015 Proceeds from sales and redemptions $ 57 $ 168 $ 344 $ 374 Realized gains $ 3 $ 4 $ 10 $ 15 Realized losses — — (1 ) (1 ) Net realized gains $ 3 $ 4 $ 9 $ 14
Schedule of contractual maturities of fixed-maturity available-for-sale securities	Contractual maturities of fixed-maturity available-for-sale securities at September 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 $ 152 $ 152 Due after 1 year through 5 years 623 615 Due after 5 years through 10 years 378 361 Due after 10 years 208 200 Mortgage-backed, asset-backed, and collateralized securities 276 274 Total $ 1,637 $ 1,602
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) September 30, December 31, Fixed maturity trading and other securities: Bonds Non-U.S. government and government sponsored entities $ 3 $ 3 Corporate debt 97 124 Mortgage-backed, asset-backed, and collateralized: RMBS 1 2 CMBS 2 2 CDO/ABS 3 — Total bonds 106 131 Preferred stock 6 6 Total * $ 112 $ 137 * The fair value of other securities, which we have elected the fair value option, totaled $112 million at September 30, 2016 and $128 million at December 31, 2015 .
Trading Securities
Investment securities
Schedule of net unrealized and realized gains (losses) on trading securities	The net unrealized and realized gains (losses) on our trading and other securities, which we report in investment revenues, were as follows: (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net unrealized gains (losses) on trading and other securities held at period end $ (2 ) $ (1 ) $ 6 $ 3 Net realized gains (losses) on trading and other securities sold or redeemed 4 (1 ) 4 (2 ) Total $ 2 $ (2 ) $ 10 $ 1

Long-term Debt (Tables)

Long-term Debt (Tables)	9 Months Ended
	Sep. 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 September 30, 2016 were as follows: Senior Debt (dollars in millions) Securitizations Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.04% - 6.94% 5.25% - 8.25% 6.00 % Fourth quarter 2016 $ — $ — $ — $ — First quarter 2017 — — — — Second quarter 2017 — — — — Third quarter 2017 — 257 — 257 Fourth quarter 2017 — 1,032 — 1,032 2018 — — — — 2019 — 1,400 — 1,400 2020 — 1,300 — 1,300 2021-2067 — 1,750 350 2,100 Securitizations (b) 8,303 — — 8,303 Total principal maturities $ 8,303 $ 5,739 $ 350 $ 14,392 Total carrying amount $ 8,287 $ 5,535 $ 172 $ 13,994 Debt issuance costs (c) $ (19 ) $ (16 ) $ — $ (35 ) (a) The interest rates shown are the range of contractual rates in effect at September 30, 2016 . (b) Securitizations are not included in above maturities by period due to their variable monthly repayments. At September 30, 2016 , there were no amounts drawn under our revolving conduit facilities. See Note 10 for further information on our long-term debt associated with securitizations and revolving conduit facilities. (c) 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 $14 million at September 30, 2016 and are reported in other assets.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 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) September 30, December 31, Assets Cash and cash equivalents $ 4 $ 11 Finance receivables: Personal loans 9,843 11,448 SpringCastle Portfolio — 1,703 Allowance for finance receivable losses 500 431 Finance receivables held for sale — 435 Restricted cash and cash equivalents 548 663 Other assets 14 48 Liabilities Long-term debt $ 8,287 $ 11,654 Other liabilities 14 17
Schedule of Line of Credit Facilities	As of September 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 — January 2018 Sumner Brook 2013-VFN1 Trust 350 — 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) 600 — February 2019 Total $ 4,600 $ — (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 direct auto loans and will be due and payable in full 12 months following the maturity of the last direct auto 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 the 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 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 .

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 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 Nine Months Ended 2016 2015 2016 2015 Numerator (basic and diluted): Net income (loss) attributable to OneMain Holdings, Inc. $ 25 $ (13 ) $ 188 $ (23 ) Denominator: Weighted average number of shares outstanding (basic) 134,730,251 134,452,763 134,717,870 125,701,635 Effect of dilutive securities * 256,883 — 231,467 — Weighted average number of shares outstanding (diluted) 134,987,134 134,452,763 134,949,337 125,701,635 Earnings (loss) per share: Basic $ 0.19 $ (0.10 ) $ 1.40 $ (0.18 ) Diluted $ 0.19 $ (0.10 ) $ 1.39 $ (0.18 ) * We have excluded the following shares in the diluted earnings (loss) per share calculation for the three and nine months ended September 30, 2016 and 2015 because these shares would be anti-dilutive, which could impact the earnings (loss) per share calculation in the future: • 573,658 and 593,331 performance-based shares and 870,645 and 521,127 service-based shares for the three months ended September 30, 2016 and 2015 , respectively; and • 576,437 and 593,068 performance-based shares and 960,032 and 472,259 service-based shares for the nine months ended September 30, 2016 and 2015 , respectively.

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 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 September 30, 2016 Balance at beginning of period $ 20 $ (19 ) $ 4 $ 5 Other comprehensive income (loss) before reclassifications 6 — — 6 Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — (5 ) (7 ) Balance at end of period $ 24 $ (19 ) $ (1 ) $ 4 Three Months Ended September 30, 2015 Balance at beginning of period $ 2 $ (13 ) $ 4 $ (7 ) Other comprehensive loss before reclassifications (2 ) — — (2 ) Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 ) Nine Months Ended September 30, 2016 Balance at beginning of period $ (14 ) $ (19 ) $ — $ (33 ) Other comprehensive income (loss) before reclassifications 44 — 4 48 Reclassification adjustments from accumulated other comprehensive income (loss) (6 ) — (5 ) (11 ) Balance at end of period $ 24 $ (19 ) $ (1 ) $ 4 Nine Months Ended September 30, 2015 Balance at beginning of period $ 12 $ (13 ) $ 4 $ 3 Other comprehensive loss before reclassifications (5 ) — — (5 ) Reclassification adjustments from accumulated other comprehensive income (loss) (9 ) — — (9 ) Balance at end of period $ (2 ) $ (13 ) $ 4 $ (11 )
Schedule of reclassification adjustments from accumulated other comprehensive income	Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our condensed consolidated statements of operations were as follows: (dollars in millions) Three Months Ended Nine Months Ended 2016 2015 2016 2015 Unrealized gains on investment securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 3 $ 4 $ 9 $ 14 Income tax effect (1 ) (2 ) (3 ) (5 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes 2 2 6 9 Unrealized gains on foreign currency translation adjustments: Reclassification from accumulated other comprehensive income (loss) to other revenues 5 — 5 — Total $ 7 $ 2 $ 11 $ 9

Contingencies Sale Recourse Obl

Contingencies Sale Recourse Obligations - Reserve Activity (Tables)	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, (dollars in millions) 2016 2015 2016 2015 Balance at beginning of period $ 15 $ 18 $ 15 $ 24 Recourse losses — — — (5 ) Provision for recourse obligations, net of recoveries * (1 ) — (1 ) (1 ) Balance at end of period $ 14 $ 18 $ 14 $ 18 * Reflects the elimination of the reserve associated with other prior sales of finance receivables.

Benefit Plans (Tables)

Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 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 Nine Months Ended 2016 2015 2016 2015 Components of net periodic benefit cost - pension plans: Interest cost $ 4 $ 4 $ 12 $ 12 Expected return on assets (5 ) (5 ) (13 ) (14 ) Net periodic benefit cost $ (1 ) $ (1 ) $ (1 ) $ (2 )

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 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 $ 827 $ — $ 10 $ 1 $ — $ (68 ) $ 770 Interest expense 191 — 8 1 — 15 215 Provision for finance receivable losses 224 — 1 — — 38 263 Net interest income after provision for finance receivable losses 412 — 1 — — (121 ) 292 Other revenues 151 12 (12 ) (5 ) — 12 158 Acquisition-related transaction and integration expenses 17 — 1 4 — (1 ) 21 Other expenses 367 10 8 1 — 10 396 Income (loss) before provision for (benefit from) income taxes $ 179 $ 2 $ (20 ) $ (10 ) $ — $ (118 ) $ 33 Three Months Ended Interest income $ 293 $ 113 $ 17 $ 1 $ — $ 3 $ 427 Interest expense 43 22 58 16 — 32 171 Provision for finance receivable losses 62 15 (4 ) — — 6 79 Net interest income (loss) after provision for finance receivable losses 188 76 (37 ) (15 ) — (35 ) 177 Other revenues 55 13 (2 ) — (13 ) (6 ) 47 Acquisition-related transaction and integration expenses — — — 14 — — 14 Other expenses 166 27 8 1 (13 ) 1 190 Income (loss) before provision for (benefit from) income taxes 77 62 (47 ) (30 ) — (42 ) 20 Income before provision for income taxes attributable to non-controlling interests — 32 — — — — 32 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 77 $ 30 $ (47 ) $ (30 ) $ — $ (42 ) $ (12 ) (dollars in millions) Consumer and Insurance Acquisitions and Servicing Real Estate Other Eliminations Segment to GAAP Adjustment Consolidated Total At or for the Nine Months Ended Interest income $ 2,507 $ 102 $ 40 $ 3 $ — $ (310 ) $ 2,342 Interest expense 551 20 35 2 — 47 655 Provision for finance receivable losses 669 14 5 — — (14 ) 674 Net interest income after provision for finance receivable losses 1,287 68 — 1 — (343 ) 1,013 Net gain on sale of SpringCastle interests — 167 — — — — 167 Other revenues 467 36 (30 ) (5 ) (11 ) 2 459 Acquisition-related transaction and integration expenses 62 1 1 19 — (8 ) 75 Other expenses 1,140 47 21 — (11 ) 40 1,237 Income (loss) before provision for (benefit from) income taxes 552 223 (52 ) (23 ) — (373 ) 327 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. $ 552 $ 195 $ (52 ) $ (23 ) $ — $ (373 ) $ 299 Assets $ 15,728 $ 5 $ 371 $ 242 $ — $ 2,007 $ 18,353 At or for the Nine Months Ended Interest income $ 818 $ 355 $ 52 $ 6 $ — $ 9 $ 1,240 Interest expense 119 67 177 48 (5 ) 94 500 Provision for finance receivable losses 172 53 (7 ) 1 — 14 233 Net interest income (loss) after provision for finance receivable losses 527 235 (118 ) (43 ) 5 (99 ) 507 Other revenues 162 45 4 — (45 ) (12 ) 154 Acquisition-related transaction and integration expenses — — — 29 — — 29 Other expenses 471 82 24 16 (40 ) 3 556 Income (loss) before provision for (benefit from) income taxes 218 198 (138 ) (88 ) — (114 ) 76 Income before provision for income taxes attributable to non-controlling interests — 98 — — — — 98 Income (loss) before provision for (benefit from) income taxes attributable to OneMain Holdings, Inc. $ 218 $ 100 $ (138 ) $ (88 ) $ — $ (114 ) $ (22 ) Assets * $ 5,503 $ 1,880 $ 3,551 $ 2,255 $ — $ (24 ) $ 13,165 * 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 $240 million at September 30, 2015 .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 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 September 30, 2016 Assets Cash and cash equivalents $ 589 $ 69 $ — $ 658 $ 658 Investment securities 35 1,743 10 1,788 1,788 Net finance receivables, less allowance for finance receivable losses — — 13,984 13,984 13,198 Finance receivables held for sale — — 166 166 166 Restricted cash and cash equivalents 558 — — 558 558 Other assets: Commercial mortgage loans — — 45 45 45 Escrow advance receivable — — 9 9 9 Receivables related to sales of real estate loans and related trust assets — 1 — 1 5 Liabilities Long-term debt $ — $ 14,577 $ — $ 14,577 $ 13,994 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 September 30, 2016 Assets Cash equivalents in mutual funds $ 158 $ — $ — $ 158 Cash equivalents securities — 69 — 69 Investment securities: Available-for-sale securities Bonds: U.S. government and government sponsored entities — 40 — 40 Obligations of states, municipalities, and political subdivisions — 135 — 135 Non-U.S. government and government sponsored entities — 119 — 119 Corporate debt — 1,066 1 1,067 RMBS — 82 — 82 CMBS — 112 — 112 CDO/ABS — 81 1 82 Total bonds — 1,635 2 1,637 Preferred stock 8 7 — 15 Common stock 21 — — 21 Other long-term investments — — 2 2 Total available-for-sale securities * 29 1,642 4 1,675 Other securities Bonds: Non-U.S. government and government sponsored entities — 3 — 3 Corporate debt — 93 4 97 RMBS — 1 — 1 CMBS — 2 — 2 CDO/ABS — 2 1 3 Total bonds — 101 5 106 Preferred stock 6 — — 6 Total other securities 6 101 5 112 Total investment securities 35 1,743 9 1,787 Restricted cash in mutual funds 163 — — 163 Total $ 356 $ 1,812 $ 9 $ 2,177 * Excludes an immaterial interest in a limited partnership that we account for using the equity method and Federal Home Loan Bank common stock of $1 million at September 30, 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 CDO/ABS — — — 1 — — 1 Total bonds 1 — — 1 — — 2 Other long-term investments 1 — 1 — — — 2 Total available-for-sale securities 2 — 1 1 — — 4 Other securities Bonds: Corporate debt 4 — — — — — 4 CDO/ABS — — — 1 — — 1 Total other securities 4 — — 1 — — 5 Total $ 6 $ — $ 1 $ 2 $ — $ — $ 9 Three Months Ended Investment securities: Available-for-sale securities Preferred stock $ — $ — $ — $ 10 $ — $ — $ 10 Other long-term investments 1 — — — — — 1 Total $ 1 $ — $ — $ 10 $ — $ — $ 11 Net gains (losses) included in: Purchases, sales, issues, settlements (a) Transfers into Transfers Balance Balance at beginning of period Other revenues Other comprehensive income (loss) (dollars in millions) Nine Months Ended Investment securities: Available-for-sale securities Bonds: Corporate debt $ — $ — $ — $ — $ 1 $ — $ 1 CDO/ABS — — — 1 — — 1 Total bonds — — — 1 1 — 2 Other long-term investments 2 — — — — — 2 Total available-for-sale securities 2 — — 1 1 — 4 Other securities Bonds: Corporate debt — — — — 4 — 4 CDO/ABS — — — 1 — — 1 Total other securities — — — 1 4 — 5 Total $ 2 $ — $ — $ 2 $ 5 $ — $ 9 Nine Months Ended Investment securities: Available-for-sale securities Bonds: Corporate debt $ 4 $ — $ — $ (4 ) $ — $ — $ — CMBS 3 — — — — (3 ) — Total bonds 7 — — (4 ) — (3 ) — Preferred stock — — — 10 — — 10 Other long-term investments 1 — — — — — 1 Total $ 8 $ — $ — $ 6 $ — $ (3 ) $ 11 (a) The detail of purchases and settlements is presented in the table below: (dollars in millions) Three Months Ended Nine Months Ended 2016 2015 2016 2015 Investment securities: Purchases Available-for-sale securities Bonds: Corporate debt $ 2 $ — $ 2 $ — CDO/ABS 1 — 1 — Total bonds 3 — 3 — Preferred stock — 10 — 10 Total available-for-sale securities 3 10 3 10 Other securities Bonds: CDO/ABS 1 — 1 — Total purchases 4 10 4 10 Settlements Available-for-sale securities Bonds: Corporate debt (2 ) — (2 ) (4 ) Total $ 2 $ 10 $ 2 $ 6 (b) During the nine months ended September 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 nine months ended September 30, 2015 , we transferred CMBS securities totaling $3 million out of Level 3 primarily related to the greater observability of pricing inputs.
Schedule of the detail of purchases and settlements in level 3	(a) The detail of purchases and settlements is presented in the table below: (dollars in millions) Three Months Ended Nine Months Ended 2016 2015 2016 2015 Investment securities: Purchases Available-for-sale securities Bonds: Corporate debt $ 2 $ — $ 2 $ — CDO/ABS 1 — 1 — Total bonds 3 — 3 — Preferred stock — 10 — 10 Total available-for-sale securities 3 10 3 10 Other securities Bonds: CDO/ABS 1 — 1 — Total purchases 4 10 4 10 Settlements Available-for-sale securities Bonds: Corporate debt (2 ) — (2 ) (4 ) Total $ 2 $ 10 $ 2 $ 6
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 September 30, 2016 and December 31, 2015 is as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 30, 2016 December 31, 2015 Corporate debt Discounted cash flows Yield 2.13% - 10.76% (5.22%) — 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 September 30, 2016 Assets Finance receivables held for sale $ — $ — $ 157 $ 157 Real estate owned — — 6 6 Commercial mortgage loans — — 3 3 Total $ — $ — $ 166 $ 166 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 Nine Months Ended 2016 2015 2016 2015 Assets Finance receivables held for sale $ — $ — $ 5 $ — Real estate owned 1 1 2 3 Commercial mortgage loans (1 ) — — (2 ) Total $ — $ 1 $ 7 $ 1
Quantitative information about Level 3 inputs for assets measured on a nonrecurring basis	Quantitative information about Level 3 inputs for our assets measured at fair value on a non-recurring basis at September 30, 2016 and December 31, 2015 was as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input September 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)	Sep. 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
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	Sep. 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 ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Shareholders’ equity attributable to OMH	$ 3,046		$ 3,046		$ 2,809
Income before provision for income taxes	33	$ 20	327	$ 76
Net income	25	19	216	75
Net income (loss) attributable to OneMain Holdings, Inc.	$ 25	$ (13)	$ 188	$ (23)
Earnings (loss) per share - basic (in dollars per share)	$ (0.19)	$ 0.10	$ (1.40)	$ 0.18
Earnings (loss) per share - diluted (in dollars per share)	$ (0.19)	$ 0.10	$ (1.39)	$ 0.18
Finance receivables past due period			60 days
Adjustments
Financing Receivable, Impaired [Line Items]
Shareholders’ equity attributable to OMH						$ 36
Derecognition of Purchased Credit Impaired Loans [Member]
Financing Receivable, Impaired [Line Items]
Income before provision for income taxes	$ 24		$ 27
Net income	15		17
Net income (loss) attributable to OneMain Holdings, Inc.	$ 15		$ 15
Earnings (loss) per share - basic (in dollars per share)	$ (0.11)		$ (0.11)
Earnings (loss) per share - diluted (in dollars per share)	$ (0.11)		$ (0.11)

Business and Basis of Present43

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		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Finance charges	$ 763	$ 422	$ 2,271	$ 1,227
Finance receivables held for sale originated as held for investment	7	5	71	13
Total interest income	770	427	2,342	1,240
Interest expense	215	171	655	500
Net interest income	555	256	1,687	740
Provision for finance receivable losses	263	79	674	233
Net interest income after provision for finance receivable losses	292	177	1,013	507
Other revenues:
Insurance	114	40	342	116
Investment	22	11	66	44
Other	26	(4)	49	(6)
Total other revenues	158	47	626	154
Operating expenses:
Salaries and benefits	191	100	597	305
Acquisition-related transaction and integration expenses	21	14	75	29
Other operating expenses	168	73	512	198
Insurance policy benefits and claims	37	17	128	53
Total other expenses	417	204	1,312	585
Income before provision for income taxes	33	20	327	76
Provision for income taxes	8	1	111	1
Net income	25	19	216	75
Net income attributable to non-controlling interests	0	32	28	98
Net income (loss) attributable to OneMain Holdings, Inc.	$ 25	$ (13)	$ 188	$ (23)
Weighted average number of shares outstanding - basic (in shares)	134,730,251	134,452,763	134,717,870	125,701,635
Weighted average number of shares outstanding - diluted (in shares)	134,987,134	134,452,763	134,949,337	125,701,635
Earnings (loss) per share - basic (in dollars per share)	$ 0.19	$ (0.10)	$ 1.40	$ (0.18)
Earnings (loss) per share - diluted (in dollars per share)	$ 0.19	$ (0.10)	$ 1.39	$ (0.18)
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Finance charges		$ 424		$ 1,234
Finance receivables held for sale originated as held for investment		4		13
Total interest income		428		1,247
Interest expense		171		500
Net interest income		257		747
Provision for finance receivable losses		82		249
Net interest income after provision for finance receivable losses		175		498
Other revenues:
Insurance		40		116
Investment		11		44
Other		0		(2)
Total other revenues		51		158
Operating expenses:
Salaries and benefits		100		305
Acquisition-related transaction and integration expenses		14		29
Other operating expenses		73		198
Insurance policy benefits and claims		17		53
Total other expenses		204		585
Income before provision for income taxes		22		71
Provision for income taxes		2		1
Net income		20		70
Net income attributable to non-controlling interests		31		93
Net income (loss) attributable to OneMain Holdings, Inc.		$ (11)		$ (23)
Weighted average number of shares outstanding - basic (in shares)		134,452,763		125,701,635
Weighted average number of shares outstanding - diluted (in shares)		134,452,763		125,701,635
Earnings (loss) per share - basic (in dollars per share)		$ (0.08)		$ (0.18)
Earnings (loss) per share - diluted (in dollars per share)		$ (0.08)		$ (0.18)

Business and Basis of Present44

Business and Basis of Presentation - Change in Accounting Policy - Revised Condensed Consolidated Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income (loss)	$ 25	$ 19	$ 216	$ 75
Reconciling adjustments:
Provision for finance receivable losses	263	79	674	233
Depreciation and amortization			416	75
Deferred income tax benefit			(99)	(10)
Non-cash incentive compensation from Initial Stockholder			0	15
Share-based compensation expense, net of forfeitures			16	6
Other			(7)	(10)
Cash flows due to changes in:
Other assets and other liabilities			92	41
Insurance claims and policyholder liabilities			(50)	22
Taxes receivable and payable			49	(49)
Accrued interest and finance charges			2	(1)
Other, net			2	1
Net cash provided by operating activities			1,139	398
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale			(998)	(593)
Proceeds on sales of finance receivables held for sale originated as held for investment			870	88
Available-for-sale securities purchased			(446)	(382)
Trading and other securities purchased			(16)	(1,465)
Available-for-sale securities called, sold, and matured			597	411
Trading and other securities called, sold, and matured			52	2,581
Change in restricted cash and cash equivalents			40	(46)
Proceeds from sale of real estate owned			7	12
Other, net			(26)	(13)
Net cash provided by investing activities			204	593
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions			4,552	1,929
Proceeds from issuance of common stock, net of offering costs			0	976
Repayments of long-term debt			(6,155)	(850)
Distributions to joint venture partners			(18)	(58)
Excess tax benefit from share-based compensation			0	2
Withholding tax on RSUs vested			(4)	(4)
Net cash provided by (used for) financing activities			(1,625)	1,995
Net change in cash and cash equivalents			(281)	2,986
Cash and cash equivalents at beginning of period			939	879
Cash and cash equivalents at end of period	$ 658	3,865	$ 658	3,865
As Reported
Cash flows from operating activities
Net income (loss)		20		70
Reconciling adjustments:
Provision for finance receivable losses		82		249
Depreciation and amortization				68
Deferred income tax benefit				(10)
Non-cash incentive compensation from Initial Stockholder				15
Share-based compensation expense, net of forfeitures				6
Other				(13)
Cash flows due to changes in:
Other assets and other liabilities				37
Insurance claims and policyholder liabilities				22
Taxes receivable and payable				(49)
Accrued interest and finance charges				(1)
Other, net				1
Net cash provided by operating activities				395
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale				(593)
Proceeds on sales of finance receivables held for sale originated as held for investment				88
Available-for-sale securities purchased				(382)
Trading and other securities purchased				(1,465)
Available-for-sale securities called, sold, and matured				411
Trading and other securities called, sold, and matured				2,581
Change in restricted cash and cash equivalents				(46)
Proceeds from sale of real estate owned				12
Other, net				(13)
Net cash provided by investing activities				593
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions				1,929
Proceeds from issuance of common stock, net of offering costs				976
Repayments of long-term debt				(850)
Distributions to joint venture partners				(59)
Excess tax benefit from share-based compensation				2
Withholding tax on RSUs vested				(4)
Net cash provided by (used for) financing activities				1,994
Net change in cash and cash equivalents				2,982
Cash and cash equivalents at beginning of period				879
Cash and cash equivalents at end of period		$ 3,861		$ 3,861

Significant Transactions -- On

Significant Transactions -- OneMain Acquisition Narrative (Details) - OneMain $ in Millions	Sep. 30, 2016USD ($)	Nov. 15, 2015USD ($)	Nov. 13, 2015statebranch	Sep. 30, 2016USD ($)	Sep. 30, 2016USD ($)
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
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
Number of branches to be divested | branch			127
Number of states where branches will be divested | state			11
Lendmark Sale
Business Acquisition [Line Items]
Acquisition related costs				$ 75	$ 137
As Reported
Business Acquisition [Line Items]
Aggregate Purchase Price		4,478
Personal loans		$ 8,801

Significant Transactions -- OM

Significant Transactions -- OM Purchase Price Allocation (Details) - USD ($) $ in Millions	Sep. 30, 2016	Nov. 15, 2015	Jun. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Goodwill	$ 1,422			$ 1,422	$ 1,440
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
Cash consideration				(23)
Personal loans				(6)
Intangibles				3
Other assets				(3)
Other liabilities				$ 1
Discount of purchased credit impaired finance receivables, Purchased Accounting Adjustment			$ 64
Premium on purchased Performing Finance Receivables, Purchased accounting adjustment			$ 58
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

Significant Transactions -- O47

Significant Transactions -- OM Acquisition - Goodwill (Details) $ in Millions	9 Months Ended
	Sep. 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 -- O48

Significant Transactions -- OM Pro Forma (Details) - OneMain - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Business acquisition, pro-forma interest income	$ 838	$ 2,442
Business acquisition, pro-forma net income (loss)	$ 27	$ 92

Significant Transactions -- Spr

Significant Transactions -- SpringCastle Interests Sale (Details) $ in Millions	Mar. 31, 2016USD ($)	Mar. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Net finance receivables			$ 13,870		$ 13,870		$ 15,559
Net gain on sale of SpringCastle interests		$ 167	0	$ 0	167	$ 0
Spring Castle Portfolio
Business Acquisition [Line Items]
Number of loans acquired, more than							232,000
Net finance receivables			$ 0		$ 0		$ 1,703
Majority Shareholder
Business Acquisition [Line Items]
Ownership percentage by related party	58.00%	58.00%	58.00%		58.00%
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 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 ($)branch	Sep. 30, 2016	May 13, 2016	May 02, 2016USD ($)	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 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

Significant Transactions -- Rea

Significant Transactions -- Real Estate Loan Sale (Details) - Real Estate Sale $ in Millions	Aug. 03, 2016USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate purchase price	$ 246
Gain (loss) on sale	$ (4)

Recent Accounting Pronounceme53

Recent Accounting Pronouncements Leases (Details)	9 Months Ended
	Sep. 30, 2016
Recent Accounting Pronouncements [Abstract]
Lessee recognition of assets and liabilities on leases with terms greater then 12 months	12 months

Finance Receivables (Details)

Finance Receivables (Details) loan in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)loan	Dec. 31, 2015USD ($)loan
Finance Receivables
Personal loans | $	$ 13,656	$ 13,295
Personal loans | Consumer household goods or other items of personal property
Finance Receivables
Number of personal loans | loan	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 | Maximum
Finance Receivables
Finance receivables, original term (years)	360 months
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	Sep. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	$ 15,821	$ 17,584
Unearned finance charges and points and fees	(2,176)	(2,263)
Accrued finance charges	146	182
Deferred origination costs	79	56
Net finance receivables	13,870	15,559
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	15,607	15,353
Unearned finance charges and points and fees	(2,175)	(2,261)
Accrued finance charges	145	147
Deferred origination costs	79	56
Net finance receivables	13,656	13,295
Spring Castle Portfolio
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	0	1,672
Unearned finance charges and points and fees	0	0
Accrued finance charges	0	31
Deferred origination costs	0	0
Net finance receivables	0	1,703
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	200	534
Unearned finance charges and points and fees	0	0
Accrued finance charges	1	4
Deferred origination costs	0	0
Net finance receivables	201	538
Retail Sales Finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	14	25
Unearned finance charges and points and fees	(1)	(2)
Accrued finance charges	0	0
Deferred origination costs	0	0
Net finance receivables	$ 13	$ 23

Finance Receivables -- Unused l

Finance Receivables -- Unused lines of credit (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due
Unused commitments to extend credit	$ 11	$ 397
Personal loans
Financing Receivable, Recorded Investment, Past Due
Unused commitments to extend credit	1	2
Spring Castle Portfolio
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	$ 10	$ 30

Finance Receivables -- Credit Q

Finance Receivables -- Credit Quality Indicators (Details)	9 Months Ended
	Sep. 30, 2016
Unlikely to be Collected Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	60 days
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	90 days
Real estate loans
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	90 days
Retail Sales Finance
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	180 days
Personal loans
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	90 days
Nonperforming | Retail Sales Finance
Financing Receivable, Recorded Investment [Line Items]
Threshold period past due for write-off of financing receivable	90 days

Finance Receivables -- Delinque

Finance Receivables -- Delinquent and Nonperforming Finance Receivables (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Net finance receivables:
Net finance receivables	$ 13,870	$ 15,559
Total 60-plus delinquent finance receivables	$ 488	454
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	$ 13,656	13,295
Total 60-plus delinquent finance receivables	453	348
Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	1,703
Total 60-plus delinquent finance receivables	$ 0	66
Real estate loans
Delinquency by finance receivables type
Threshold period past due for write-off of financing receivable	90 days
Net finance receivables:
Net finance receivables	$ 201	538
Total 60-plus delinquent finance receivables	$ 35	39
Retail Sales Finance
Delinquency by finance receivables type
Threshold period past due for write-off of financing receivable	180 days
Net finance receivables:
Net finance receivables	$ 13	23
Total 60-plus delinquent finance receivables	0	1
Performing
Net finance receivables:
Net finance receivables	13,534	15,277
Performing | Personal loans
Net finance receivables:
Net finance receivables	13,348	13,074
Performing | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	1,663
Performing | Real estate loans
Net finance receivables:
Net finance receivables	173	518
Performing | Retail Sales Finance
Net finance receivables:
Net finance receivables	13	22
Performing | Current
Net finance receivables:
Net finance receivables	13,157	14,873
Performing | Current | Personal loans
Net finance receivables:
Net finance receivables	12,992	12,777
Performing | Current | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	1,588
Performing | Current | Real estate loans
Net finance receivables:
Net finance receivables	152	486
Performing | Current | Retail Sales Finance
Net finance receivables:
Net finance receivables	13	22
Performing | 30-59 days past due
Net finance receivables:
Net finance receivables	225	232
Performing | 30-59 days past due | Personal loans
Net finance receivables:
Net finance receivables	211	170
Performing | 30-59 days past due | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	49
Performing | 30-59 days past due | Real estate loans
Net finance receivables:
Net finance receivables	14	13
Performing | 30-59 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
Performing | 60-89 days past due
Net finance receivables:
Net finance receivables	152	172
Performing | 60-89 days past due | Personal loans
Net finance receivables:
Net finance receivables	145	127
Performing | 60-89 days past due | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	26
Performing | 60-89 days past due | Real estate loans
Net finance receivables:
Net finance receivables	7	19
Performing | 60-89 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
Nonperforming
Net finance receivables:
Net finance receivables	336	282
Nonperforming | Personal loans
Net finance receivables:
Net finance receivables	308	221
Nonperforming | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	40
Nonperforming | Real estate loans
Net finance receivables:
Net finance receivables	$ 28	20
Nonperforming | Retail Sales Finance
Delinquency by finance receivables type
Threshold period past due for write-off of financing receivable	90 days
Net finance receivables:
Net finance receivables	$ 0	1
Nonperforming | 90-119 days past due
Net finance receivables:
Net finance receivables	118	116
Nonperforming | 90-119 days past due | Personal loans
Net finance receivables:
Net finance receivables	115	97
Nonperforming | 90-119 days past due | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	16
Nonperforming | 90-119 days past due | Real estate loans
Net finance receivables:
Net finance receivables	3	3
Nonperforming | 90-119 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
Nonperforming | 120-149 days past due
Net finance receivables:
Net finance receivables	102	73
Nonperforming | 120-149 days past due | Personal loans
Net finance receivables:
Net finance receivables	99	58
Nonperforming | 120-149 days past due | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	12
Nonperforming | 120-149 days past due | Real estate loans
Net finance receivables:
Net finance receivables	3	2
Nonperforming | 120-149 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	1
Nonperforming | 150-179 days past due
Net finance receivables:
Net finance receivables	93	75
Nonperforming | 150-179 days past due | Personal loans
Net finance receivables:
Net finance receivables	91	62
Nonperforming | 150-179 days past due | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	11
Nonperforming | 150-179 days past due | Real estate loans
Net finance receivables:
Net finance receivables	2	2
Nonperforming | 150-179 days past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
Nonperforming | 180 days or more past due
Net finance receivables:
Net finance receivables	23	18
Nonperforming | 180 days or more past due | Personal loans
Net finance receivables:
Net finance receivables	3	4
Nonperforming | 180 days or more past due | Spring Castle Portfolio
Net finance receivables:
Net finance receivables	0	1
Nonperforming | 180 days or more past due | Real estate loans
Net finance receivables:
Net finance receivables	20	13
Nonperforming | 180 days or more past due | Retail Sales Finance
Net finance receivables:
Net finance receivables	$ 0	$ 0

Finance Receivables -- Purchase

Finance Receivables -- Purchased Credit Impaired Finance Receivables HFI and HFS (Details) - USD ($) $ in Millions	Sep. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Apr. 01, 2013
Financing Receivable, Impaired [Line Items]
Finance receivables held for sale	$ 166		$ 793
Purchased credit impaired finance receivables	452		1,091
Outstanding balance	628		1,529
Purchased credit impaired finance receivables	37		12
OM Loans
Financing Receivable, Impaired [Line Items]
Purchased credit impaired finance receivables	380		652
Outstanding balance	519		911
Purchased credit impaired finance receivables	29		0
Spring Castle Portfolio
Financing Receivable, Impaired [Line Items]
Purchased credit impaired finance receivables	0		350
Outstanding balance	0		482
Purchased credit impaired finance receivables	0		0
FA Loans
Financing Receivable, Impaired [Line Items]
Purchased credit impaired finance receivables	72		89
Outstanding balance	109		136
Purchased credit impaired finance receivables	8		12
Purchased credit impaired finance receivables held for sale included in carrying amount	56		59
Purchased credit impaired finance receivables held for sale included in outstanding balance	$ 85		$ 89
Corporate Joint Venture
Financing Receivable, Impaired [Line Items]
Ownership percentage		47.00%		47.00%

Finance Receivables -- Changes

Finance Receivables -- Changes in Accretable Yield For Purchased Credit Impaired HFI and HFS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	$ 148	$ 464	$ 592	$ 506
Accretion	(16)	(21)	(77)	(66)
Other			(23)
Reclassifications from nonaccretable difference (b)	8	1	7	4
Transfer due to finance receivables sold	(11)		(370)
Balance at end of period	129	444	129	444
OM Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	87	0	151	0
Accretion	(15)	0	(56)	0
Other			(23)
Reclassifications from nonaccretable difference (b)	0	0	0	0
Transfer due to finance receivables sold	0		0
Balance at end of period	72	0	72	0
Spring Castle Portfolio
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	0	411	375	452
Accretion	0	(19)	(16)	(60)
Other			0
Reclassifications from nonaccretable difference (b)	0	0	0	0
Transfer due to finance receivables sold	0		(359)
Balance at end of period	0	392	0	392
FA Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	61	53	66	54
Accretion	(1)	(2)	(5)	(6)
Other			0
Reclassifications from nonaccretable difference (b)	8	1	7	4
Transfer due to finance receivables sold	(11)		(11)
Balance at end of period	57	52	57	52
Accretion held for sale	$ 2	$ 1	$ 4	$ 4

Finance Receivables -- TDR Fina

Finance Receivables -- TDR Finance Receivable HFI and HFS (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	$ 254,000,000	$ 260,000,000
TDR net finance receivables	255,000,000	260,000,000
Allowance for TDR finance receivable losses	60,000,000	55,000,000
TDR gross finance receivables held for sale	90,000,000	94,000,000
TDR net finance receivables held for sale	90,000,000	94,000,000
Commitment to lend additional funds on TDR finance receivables	0
Personal loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	117,000,000	46,000,000
TDR net finance receivables	117,000,000	46,000,000
Allowance for TDR finance receivable losses	49,000,000	17,000,000
TDR gross finance receivables held for sale	0	2,000,000
TDR net finance receivables held for sale	0	2,000,000
Spring Castle Portfolio
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	137,000,000	200,000,000
TDR net finance receivables	138,000,000	201,000,000
Allowance for TDR finance receivable losses	11,000,000	34,000,000
TDR gross finance receivables held for sale	90,000,000	92,000,000
TDR net finance receivables held for sale	$ 90,000,000	$ 92,000,000

Finance Receivables -- TDR aver

Finance Receivables -- TDR average net receivables HFI and HFS and finance charges recognized (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 261	$ 241	$ 270	$ 237
TDR finance charges recognized	7	3	16	11
TDR average net receivables, held for sale	112	92	106	91
TDR finance charges recognized, held for sale	2	2	5	4
Personal loans
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	102	30	83	28
TDR finance charges recognized	4	0	7	2
TDR average net receivables, held for sale	0	0	1	0
TDR finance charges recognized, held for sale	0	0	0	0
Spring Castle Portfolio
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	12	0	12
TDR finance charges recognized	0	1	0	1
Real estate loans
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	159	199	187	197
TDR finance charges recognized	3	2	9	8
TDR average net receivables, held for sale	112	92	105	91
TDR finance charges recognized, held for sale	$ 2	$ 2	$ 5	$ 4

Finance Receivables -- New Volu

Finance Receivables -- New Volume of TDR HFI & HFS Finance Receivables (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)account	Sep. 30, 2015USD ($)account	Sep. 30, 2016USD ($)account	Sep. 30, 2015USD ($)account
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 51	$ 15	$ 162	$ 45
Post-modification TDR net finance receivables:	$ 50	$ 12	$ 159	$ 41
Number of TDR accounts | account	6,327	1,794	20,314	5,722
Pre-modification TDR net finance receivables - Held for Sale	$ 1	$ 1	$ 3	$ 4
Post-modification TDR net finance receivables - Held for Sale	$ 2	$ 2	$ 4	$ 5
Number of TDR accounts - Held for Sale | account	39	83	264	127
Rate reduction
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	$ 46	$ 7	$ 148	$ 28
Other
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	4	5	$ 11	13
Real estate loans
Financing Receivable, Modifications [Line Items]
Threshold period past due for write-off of financing receivable			90 days
Pre-modification TDR net finance receivables	3	6	$ 13	16
Post-modification TDR net finance receivables:	$ 4	$ 5	$ 14	$ 16
Number of TDR accounts | account	86	95	291	272
Pre-modification TDR net finance receivables - Held for Sale	$ 1	$ 1	$ 3	$ 4
Post-modification TDR net finance receivables - Held for Sale	$ 2	$ 2	$ 4	$ 5
Number of TDR accounts - Held for Sale | account	39	33	90	77
Real estate loans | Rate reduction
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	$ 3	$ 3	$ 11	$ 12
Real estate loans | Other
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	1	2	3	4
Spring Castle Portfolio
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	0	1	1	5
Post-modification TDR net finance receivables:	$ 0	$ 1	$ 1	$ 5
Number of TDR accounts | account	0	142	157	550
Spring Castle Portfolio | Rate reduction
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	$ 0	$ 1	$ 1	$ 5
Spring Castle Portfolio | Other
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	0	0	$ 0	0
Personal loans
Financing Receivable, Modifications [Line Items]
Threshold period past due for write-off of financing receivable			90 days
Pre-modification TDR net finance receivables	48	8	$ 148	24
Post-modification TDR net finance receivables:	$ 46	$ 6	$ 144	$ 20
Number of TDR accounts | account	6,241	1,557	19,866	4,900
Pre-modification TDR net finance receivables - Held for Sale	$ 0	$ 0	$ 0	$ 0
Post-modification TDR net finance receivables - Held for Sale	$ 0	$ 0	$ 0	$ 0
Number of TDR accounts - Held for Sale | account	0	50	174	50
Personal loans | Not qualified for disclosure, due to less than $1 million
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 0	$ 0	$ 1	$ 0
Post-modification TDR net finance receivables:	0	0	1	1
Personal loans | Rate reduction
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	43	3	136	11
Personal loans | Other
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	$ 3	$ 3	$ 8	$ 9

Finance Receivables -- Modified

Finance Receivables -- Modified as TDR - non performing Finance Receivables (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)account	Sep. 30, 2015USD ($)account	Sep. 30, 2016USD ($)account	Sep. 30, 2015USD ($)account
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 8	$ 2	$ 16	$ 6
Number of TDR accounts | account	1,093	378	2,191	1,014
Personal loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 7	$ 1	$ 13	$ 3
Number of TDR accounts | account	1,080	343	2,120	857
Spring Castle Portfolio
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 0	$ 0	$ 0	$ 1
Number of TDR accounts | account	0	26	19	122
Real estate loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 1	$ 1	$ 3	$ 2
Number of TDR accounts | account	13	9	52	35
TDR net finance receivables - Held for Sale	$ 0	$ 0	$ 1	$ 1
Number of TDR accounts - Held for Sale | account	4	1	25	14
Not qualified for disclosure, due to less than $1 million | Spring Castle Portfolio
Financing Receivable, Modifications [Line Items]
TDR net finance receivables		$ 1	$ 1
Not qualified for disclosure, due to less than $1 million | Real estate loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 1
Spring Castle Portfolio | Not qualified for disclosure, due to less than $1 million
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	0	1		$ 0
Real Estate Loans Held for Sale [Member] | Not qualified for disclosure, due to less than $1 million
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 1	$ 1	$ 0	$ 0

Allowance for Finance Receiva65

Allowance for Finance Receivable Losses -- Changes in Allowance by Type (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	$ 608	$ 186	$ 592	$ 182
Provision for finance receivable losses	263	79	674	233
Charge-offs	(217)	(80)	(613)	(257)
Recoveries	18	15	52	42
Other		(1)	(33)	(1)
Balance at end of period	672	199	672	199
Personal loans
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	587	141	541	132
Provision for finance receivable losses	261	61	652	173
Charge-offs	(213)	(58)	(585)	(179)
Recoveries	17	10	44	28
Other		(1)	0	(1)
Balance at end of period	652	153	652	153
Spring Castle Portfolio
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	0	3	4	3
Provision for finance receivable losses	0	16	14	53
Charge-offs	0	(18)	(17)	(61)
Recoveries	0	3	3	9
Other		0	(4)	0
Balance at end of period	0	4	0	4
Real estate loans
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	20	41	46	46
Provision for finance receivable losses	2	2	8	6
Charge-offs	(4)	(4)	(10)	(15)
Recoveries	1	2	4	4
Other		0	(29)	0
Balance at end of period	19	41	19	41
Retail Sales Finance
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	1	1	1	1
Provision for finance receivable losses	0	0	0	1
Charge-offs	0	0	(1)	(2)
Recoveries	0	0	1	1
Other		0	0	0
Balance at end of period	$ 1	$ 1	$ 1	$ 1

Allowance for Finance Receiva66

Allowance for Finance Receivable Losses -- By Type and Impairment Method (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015	Jun. 30, 2016	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	$ 575	$ 525
Purchased credit impaired finance receivables	37	12
TDR finance receivables	60	55
Total	672	592	$ 608	$ 199	$ 186	$ 182
Finance receivables:
Collectively evaluated for impairment	13,272	14,349
TDR finance receivables	165	166
Net finance receivables	$ 13,870	$ 15,559
Allowance for finance receivable losses as a percentage of finance receivables	4.85%	3.81%
Receivables Acquired with Deteriorated Credit Quality
Finance receivables:
Net finance receivables	$ 433	$ 1,044
Personal loans
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	574	524
Purchased credit impaired finance receivables	29	0
TDR finance receivables	49	17
Total	652	541	587	153	141	132
Finance receivables:
Collectively evaluated for impairment	13,130	12,599
TDR finance receivables	117	44
Net finance receivables	$ 13,656	$ 13,295
Allowance for finance receivable losses as a percentage of finance receivables	4.77%	4.07%
Personal loans | Receivables Acquired with Deteriorated Credit Quality
Finance receivables:
Net finance receivables	$ 409	$ 652
Spring Castle Portfolio
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	0	0
Purchased credit impaired finance receivables	0	0
TDR finance receivables	0	4
Total	0	4	0	4	3	3
Finance receivables:
Collectively evaluated for impairment	0	1,340
TDR finance receivables		13
Net finance receivables	$ 0	$ 1,703
Allowance for finance receivable losses as a percentage of finance receivables	0.00%	0.25%
Spring Castle Portfolio | Receivables Acquired with Deteriorated Credit Quality
Finance receivables:
Net finance receivables	$ 0	$ 350
Real estate loans
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	0	0
Purchased credit impaired finance receivables	8	12
TDR finance receivables	11	34
Total	19	46	20	41	41	46
Finance receivables:
Collectively evaluated for impairment	129	387
TDR finance receivables	48	109
Net finance receivables	$ 201	$ 538
Allowance for finance receivable losses as a percentage of finance receivables	9.96%	8.72%
Real estate loans | Receivables Acquired with Deteriorated Credit Quality
Finance receivables:
Net finance receivables	$ 24	$ 42
Retail Sales Finance
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	1	1
Purchased credit impaired finance receivables	0	0
TDR finance receivables	0	0
Total	1	1	$ 1	$ 1	$ 1	$ 1
Finance receivables:
Collectively evaluated for impairment	13	23
TDR finance receivables	0	0
Net finance receivables	$ 13	$ 23
Allowance for finance receivable losses as a percentage of finance receivables	3.55%	3.46%
Retail Sales Finance | Receivables Acquired with Deteriorated Credit Quality
Finance receivables:
Net finance receivables	$ 0	$ 0

Finance Receivables Held for 67

Finance Receivables Held for Sale (Details) - USD ($) $ in Millions	Jun. 30, 2016	May 02, 2016	Mar. 31, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Aug. 03, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale				$ 166		$ 166			$ 793
Carrying value of finance receivables sold		$ 602
Gain (loss) on sale of finance receivable		$ 22
Net gain on sale of SpringCastle interests			$ 167	0	$ 0	167	$ 0
Real Estate Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate purchase price								$ 250
Gain (loss) on sale of a portfolio of real estate loans								$ (4)
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale				$ 617		$ 617
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale									$ 176
Carrying value of finance receivables transferred from held for investment to held for sale	$ 257
Spring Castle Portfolio
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 ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Minimum disclosure of Unrealized losses on certain available-for-sale securities, less than	$ 1,000,000	$ 1,000,000
Cost/ Amortized Cost	1,638,000,000	1,751,000,000
Unrealized Gains	39,000,000	5,000,000
Unrealized Losses	(2,000,000)	(27,000,000)
Fair Value	1,675,000,000	1,729,000,000
Restricted investments, at cost	1,000,000	1,000,000
Bonds:
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	1,602,000,000	1,712,000,000
Unrealized Gains	37,000,000	5,000,000
Unrealized Losses	(2,000,000)	(26,000,000)
Fair Value	1,637,000,000	1,691,000,000
U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	39,000,000	112,000,000
Unrealized Gains	1,000,000	0
Unrealized Losses	0	(1,000,000)
Fair Value	40,000,000	111,000,000
Obligations of states, municipalities, and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	132,000,000	140,000,000
Unrealized Gains	3,000,000	1,000,000
Unrealized Losses	0	(1,000,000)
Fair Value	135,000,000	140,000,000
Non-U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	116,000,000	126,000,000
Unrealized Gains	3,000,000	1,000,000
Unrealized Losses	0	(1,000,000)
Fair Value	119,000,000	126,000,000
Corporate debt
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	1,041,000,000	1,018,000,000
Unrealized Gains	28,000,000	3,000,000
Unrealized Losses	(2,000,000)	(22,000,000)
Fair Value	1,067,000,000	999,000,000
Residential mortgage-backed securities (“RMBS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	81,000,000	128,000,000
Unrealized Gains	1,000,000	0
Unrealized Losses	0	0
Fair Value	82,000,000	128,000,000
Commercial mortgage-backed securities (“CMBS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	111,000,000	117,000,000
Unrealized Gains	1,000,000	0
Unrealized Losses	0	(1,000,000)
Fair Value	112,000,000	116,000,000
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	82,000,000	71,000,000
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	82,000,000	71,000,000
Preferred stock
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	15,000,000	14,000,000
Unrealized Gains	0	0
Unrealized Losses	0	(1,000,000)
Fair Value	15,000,000	13,000,000
Common Stock
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	19,000,000	23,000,000
Unrealized Gains	2,000,000	0
Unrealized Losses	0	0
Fair Value	21,000,000	23,000,000
Other Long-term Investments
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	2,000,000	2,000,000
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	$ 2,000,000	$ 2,000,000

Investment Securities -- FV & U

Investment Securities -- FV & Unrealized Losses on AFS Investment Securities (Details 2)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)investment	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)investment	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)investment
Fair Value
Less Than 12 Months	$ 217,000,000		$ 217,000,000		$ 1,277,000,000
12 Months or Longer	19,000,000		19,000,000		20,000,000
Total	236,000,000		236,000,000		1,297,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)		(1,000,000)		(26,000,000)
12 Months or Longer	(1,000,000)		(1,000,000)		(1,000,000)
Total	$ (2,000,000)		(2,000,000)		(27,000,000)
Minimum disclosure of Unrealized losses on certain available-for-sale securities, less than			$ 1,000,000		$ 1,000,000
Investment securities in an unrealized loss position | investment	465		465		2,404
Bonds:
Fair Value
Less Than 12 Months	$ 210,000,000		$ 210,000,000		$ 1,258,000,000
12 Months or Longer	12,000,000		12,000,000		14,000,000
Total	222,000,000		222,000,000		1,272,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)		(1,000,000)		(26,000,000)
12 Months or Longer	(1,000,000)		(1,000,000)		0
Total	(2,000,000)		(2,000,000)		(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		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	23,000,000		23,000,000		69,000,000
12 Months or Longer	2,000,000		2,000,000		2,000,000
Total	25,000,000		25,000,000		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	9,000,000		9,000,000		19,000,000
12 Months or Longer	0		0		0
Total	9,000,000		9,000,000		19,000,000
Unrealized Losses
Less Than 12 Months	0		0		(1,000,000)
12 Months or Longer	0		0		0
Total	0		0		(1,000,000)
Corporate debt
Fair Value
Less Than 12 Months	105,000,000		105,000,000		786,000,000
12 Months or Longer	10,000,000		10,000,000		7,000,000
Total	115,000,000		115,000,000		793,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)		(1,000,000)		(22,000,000)
12 Months or Longer	(1,000,000)		(1,000,000)		0
Total	(2,000,000)		(2,000,000)		(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	19,000,000		19,000,000		107,000,000
12 Months or Longer	0		0		0
Total	19,000,000		19,000,000		107,000,000
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	0		0		0
Total	0		0		0
Commercial mortgage-backed securities (“CMBS”)
Fair Value
Less Than 12 Months	38,000,000		38,000,000		104,000,000
12 Months or Longer	0		0		5,000,000
Total	38,000,000		38,000,000		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	15,000,000		15,000,000		71,000,000
12 Months or Longer	0		0		0
Total	15,000,000		15,000,000		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	3,000,000		3,000,000		16,000,000
12 Months or Longer	0		0		0
Total	3,000,000		3,000,000		16,000,000
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	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	0		0		0
Total	$ 0		$ 0		$ 0

Investment Securities -- Change

Investment Securities -- Changes in cumulative amount of credit losses (Details 3) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Balance at beginning of period	$ 0	$ 1	$ 2	$ 1
Realized due to dispositions with no prior intention to sell	0	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		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Available-for-sale securities sold or redeemed
Proceeds from sales and redemptions	$ 57	$ 168	$ 344	$ 374
Realized gains	3	4	10	15
Realized losses	0	0	(1)	(1)
Net realized gains	$ 3	$ 4	$ 9	$ 14

Investment Securities -- Contra

Investment Securities -- Contractual Maturities of AFS Investment Securities (Details 5) $ in Millions	Sep. 30, 2016USD ($)
Fair Value
Due in 1 year or less	$ 152
Due after 1 year through 5 years	623
Due after 5 years through 10 years	378
Due after 10 years	208
Mortgage-backed, asset-backed, and collateralized securities	276
Fair Value	1,637
Amortized Cost
Due in 1 year or less	152
Due after 1 year through 5 years	615
Due after 5 years through 10 years	361
Due after 10 years	200
Mortgage-backed, asset-backed, and collateralized securities	274
Total	$ 1,602

Investment Securities -- FV of

Investment Securities -- FV of bonds on deposit with insurance regulatory (Details 6) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Fair value of bonds on deposit	$ 170	$ 152

Investment Securities -- FV o74

Investment Securities -- FV of Trading Investment Securities (Details 7) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Total bonds	$ 106	$ 131
Preferred stock	6	6
Trading and other securities	112	137
Other securities, fair value	112	128
Bonds:
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading and other securities	106	131
Non-U.S. government and government sponsored entities
Schedule of Trading Securities and Other Trading Assets [Line Items]
Total bonds	3	3
Corporate debt
Schedule of Trading Securities and Other Trading Assets [Line Items]
Total bonds	97	124
Residential mortgage-backed securities (“RMBS”)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Total bonds	1	2
Commercial mortgage-backed securities (“CMBS”)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Total bonds	2	2
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Total bonds	$ 3	$ 0

Investment Securities -- Net Un

Investment Securities -- Net Unrealized & Realized Gains/Losses on Trading Investment Securities (Details 8) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Net unrealized gains (losses) on trading and other securities held at period end	$ (2)	$ (1)	$ 6	$ 3
Net realized gains (losses) on trading and other securities sold or redeemed	4	(1)	4	(2)
Net realized gain (loss) on trading securities	$ 2	$ (2)	$ 10	$ 1

Transactions with Affiliates 76

Transactions with Affiliates of Fortress or AIG -- SUBSERVICING AGREEMENT (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 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 77

Transactions with Affiliates of Fortress or AIG -- INVESTMENT MANAGEMENT AGREEMENT (Details) - Logan Circle Partners L P - Affiliated Entity - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Related Party Transaction [Line Items]
Costs and fees for investment management services			$ 1
Not qualified for disclosure, due to less than $1 million
Related Party Transaction [Line Items]
Costs and fees for investment management services	$ 1	$ 1	$ 1	$ 1

Transactions with Affiliates 78

Transactions with Affiliates of Fortress or AIG -- SALE OF EQUITY INTEREST IN SPRINGCASTLE JOINT VENTURE (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Mar. 31, 2016	Apr. 01, 2013
Corporate Joint Venture
Related Party Transaction [Line Items]
Ownership percentage			47.00%	47.00%
Springleaf Finance Corporation | SpringCastle Funding Trust
Related Party Transaction [Line Items]
Subservicing fees	$ 10	$ 21
Subservicing fees receivable	$ 3	$ 3

Long-term Debt (Details)

Long-term Debt (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Principal maturities of long-term debt by type of debt
Fourth quarter 2016	$ 0
Second quarter 2017	0
Third quarter 2017	0
Third quarter 2017	257,000,000
Fourth quarter 2017	1,032,000,000
2,018	0
2,019	1,400,000,000
2,020	1,300,000,000
2021-2067	2,100,000,000
Securitizations	8,303,000,000
Total principal maturities	14,392,000,000
Long-term debt	13,994,000,000	$ 17,300,000,000
Debt issuance costs	$ (35,000,000)
Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)	6.00%
Fourth quarter 2016	$ 0
Second quarter 2017	0
Third quarter 2017	0
Third quarter 2017	0
Fourth quarter 2017	0
2,018	0
2,019	0
2,020	0
2021-2067	350,000,000
Securitizations	0
Total principal maturities	350,000,000
Long-term debt	172,000,000
Debt issuance costs	0
Senior note | Securitizations
Principal maturities of long-term debt by type of debt
Fourth quarter 2016	0
Second quarter 2017	0
Third quarter 2017	0
Third quarter 2017	0
Fourth quarter 2017	0
2,018	0
2,019	0
2,020	0
2021-2067	0
Securitizations	8,303,000,000
Total principal maturities	8,303,000,000
Long-term debt	8,287,000,000
Debt issuance costs	(19,000,000)
Senior note | Revolving Conduit Facilities | Other assets
Principal maturities of long-term debt by type of debt
Debt issuance costs	14,000,000
Senior note | Medium Term Notes
Principal maturities of long-term debt by type of debt
Fourth quarter 2016	0
Second quarter 2017	0
Third quarter 2017	0
Third quarter 2017	257,000,000
Fourth quarter 2017	1,032,000,000
2,018	0
2,019	1,400,000,000
2,020	1,300,000,000
2021-2067	1,750,000,000
Securitizations	0
Total principal maturities	5,739,000,000
Long-term debt	5,535,000,000
Debt issuance costs	$ (16,000,000)
Minimum | Senior note | Securitizations
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)	2.04%
Minimum | Senior note | Medium Term Notes
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)	5.25%
Maximum | Senior note | Securitizations
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)	6.94%
Maximum | Senior note | Medium Term Notes
Principal maturities of long-term debt by type of debt
Interest rates (as a percent)	8.25%

Long-term Debt -- SFC and OMFH

Long-term Debt -- SFC and OMFH Indenture (Details) - USD ($)	Dec. 30, 2013	Sep. 30, 2016	Apr. 11, 2016	Dec. 11, 2014	Dec. 03, 2014
Debt Instrument [Line Items]
Principal amounts of debt		$ 14,392,000,000
Senior note
Debt Instrument [Line Items]
Principal amounts of debt		$ 2,900,000,000
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
Interest rates (as a percent)			8.25%
Principal amounts of debt		1,000,000,000
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
Interest rates (as a percent)					5.25%
Principal amounts of debt		700,000,000
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) - Consolidated VIEs - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Cash and cash equivalents
Variable Interest Entity [Line Items]
Assets	$ 4	$ 11
Finance receivables: | Personal loans
Variable Interest Entity [Line Items]
Assets	9,843	11,448
Finance receivables: | Spring Castle Portfolio
Variable Interest Entity [Line Items]
Assets	0	1,703
Allowance for finance receivable losses
Variable Interest Entity [Line Items]
Assets	500	431
Finance receivables held for sale
Variable Interest Entity [Line Items]
Assets	0	435
Restricted cash and cash equivalents
Variable Interest Entity [Line Items]
Assets	548	663
Other assets
Variable Interest Entity [Line Items]
Assets	14	48
Long-term debt
Variable Interest Entity [Line Items]
Liabilities	8,287	11,654
Other liabilities
Variable Interest Entity [Line Items]
Liabilities	$ 14	$ 17

Variable Interest Entities --

Variable Interest Entities -- Auto Loan Securitization (Details) - Consolidated VIEs - USD ($) $ in Millions	Sep. 30, 2016	Jul. 19, 2016	Jun. 30, 2016
Debt Instrument [Line Items]
Amount outstanding under securitization transaction	$ 0
OneMain | ODART 2016-1 Securitization
Debt Instrument [Line Items]
Principal balance, private securitization transaction		$ 754
Amount outstanding under securitization transaction			$ 754
Outstanding balance		$ 700
Weighted average interest rate		2.27%
Amount of Notes that is retained under Private Securitization Transaction		$ 54

Variable Interest Entities -- S

Variable Interest Entities -- SFC Consumer Loan Securitizations (Details) - Springleaf FundingTrust 2013 B - CDO/ABS - 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	Sep. 30, 2016	Jul. 25, 2016	Jun. 07, 2016	May 17, 2016	Mar. 23, 2016	Feb. 10, 2016
Variable Interest Entity [Line Items]
Amount outstanding under securitization transaction				$ 0
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 | Sale of OMFIT 2016-2 Class C Notes [Member]
Variable Interest Entity [Line Items]
Principal balance, private securitization transaction					$ 83
Weighted average interest rate					5.67%
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

Sep. 30, 2016

Jul. 28, 2016

Jul. 27, 2016

Mar. 21, 2016

Feb. 24, 2016

Jan. 21, 2016

Line of Credit Facility [Line Items]

Maximum borrowing capacity

$ 4,600,000,000

Amount outstanding under securitization transaction

0

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 | CDO/ABS | 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 | CDO/ABS | Personal loans | As Reported

Line of Credit Facility [Line Items]

Principal balance, private securitization transaction

$ 300,000,000

Midbrook Funding Trust 2013 VFN1 | CDO/ABS | 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 | CDO/ABS | As Reported

Line of Credit Facility [Line Items]

Principal balance, private securitization transaction

$ 400,000,000

Mill River 2015 VFN1 | CDO/ABS | 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

0

Springleaf Funding Trust 2013 VFN1 | CDO/ABS | 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 | CDO/ABS | As Reported

Line of Credit Facility [Line Items]

Principal balance, private securitization transaction

350,000,000

Springleaf Funding Trust 2013 VFN1 | CDO/ABS | 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

0

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 | CDO/ABS | 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

600,000,000

$ 600,000,000

$ 750,000,000

Amount outstanding under securitization transaction

$ 0

First Avenue Funding LLC 2015 | CDO/ABS | Scenario, Forecast

Line of Credit Facility [Line Items]

Principal amount, reduce to cash payments, due and payable, term

12 months

Variable Interest Entities --86

Variable Interest Entities -- VIE Interest Expense & Deconsolidated VIEs (Details) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)request	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Variable Interest Entity [Line Items]
Interest expense	$ 215	$ 171	$ 655	$ 500
Mortgage Loan Securitizations | Residential Portfolio Segment
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	$ 81	$ 49	$ 261	$ 136

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Numerator (basic and diluted):
Net income (loss) attributable to OneMain Holdings, Inc.	$ 25	$ (13)	$ 188	$ (23)
Denominator:
Weighted average number of shares outstanding - basic (in shares)	134,730,251	134,452,763	134,717,870	125,701,635
Effect of dilutive securities (in shares)	256,883	0	231,467	0
Weighted average number of shares outstanding - diluted (in shares)	134,987,134	134,452,763	134,949,337	125,701,635
Earnings (loss) per share:
Earnings (loss) per share - basic (in dollars per share)	$ 0.19	$ (0.10)	$ 1.40	$ (0.18)
Earnings (loss) per share - diluted (in dollars per share)	$ 0.19	$ (0.10)	$ 1.39	$ (0.18)
Performance Shares
Earnings (loss) per share:
Antidilutive securities excluded from EPS calculation (in shares)	573,658	593,331	576,437	593,068
Restricted Stock Units (RSUs)
Earnings (loss) per share:
Antidilutive securities excluded from EPS calculation (in shares)	870,645	521,127	960,032	472,259

Accumulated Other Comprehensi88

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at the beginning of the period			$ 2,730	$ 1,932
Other comprehensive income (loss) before reclassifications	$ 6	$ (2)	48	(5)
Reclassification adjustments from accumulated other comprehensive income (loss)	(7)	(2)	(11)	(9)
Balance at the end of period	3,046	2,930	3,046	2,930
Unrealized Gains (Losses) Available-for-Sale Securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at the beginning of the period	20	2	(14)	12
Other comprehensive income (loss) before reclassifications	6	(2)	44	(5)
Reclassification adjustments from accumulated other comprehensive income (loss)	(2)	(2)	(6)	(9)
Balance at the end of period	24	(2)	24	(2)
Retirement Plan Liabilities Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at the beginning of the period	(19)	(13)	(19)	(13)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Reclassification adjustments from accumulated other comprehensive income (loss)	0	0	0	0
Balance at the end of period	(19)	(13)	(19)	(13)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at the beginning of the period	4	4	0	4
Other comprehensive income (loss) before reclassifications	0	0	4	0
Reclassification adjustments from accumulated other comprehensive income (loss)	(5)	0	(5)	0
Balance at the end of period	(1)	4	(1)	4
Accumulated Other Comprehensive Income (Loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at the beginning of the period	5	(7)	(33)	3
Balance at the end of period	$ 4	$ (11)	$ 4	$ (11)

Accumulated Other Comprehensi89

Accumulated Other Comprehensive Income (Loss) - Reclassification Adjustments From AOCI (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income to investment revenues, before taxes	$ 22	$ 11	$ 66	$ 44
Income tax effect	8	1	111	1
Reclassification from accumulated other comprehensive income (loss) to other revenues	158	47	626	154
Net income	25	19	216	75
Reclassification adjustments
Reclassification adjustments from accumulated other comprehensive income
Net income	7	2	11	9
Unrealized Gains (Losses) Available-for-Sale Securities | Reclassification adjustments
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income to investment revenues, before taxes	3	4	9	14
Income tax effect	(1)	(2)	(3)	(5)
Net income	2	2	6	9
Foreign Currency Translation Adjustments | Reclassification adjustments
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income (loss) to other revenues	$ 5	$ 0	$ 5	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Deferred tax assets, net	$ 171		$ 95
Increase (decrease) deferred tax assets	$ 76
Effective income tax rate	33.90%	1.30%
Interest and penalties included in unrecognized tax positions	$ 17		$ 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		9 Months Ended
	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Loss Contingencies [Line Items]
Reserve for sales recourse obligations	$ 14	$ 18	$ 14	$ 18	$ 15	$ 15	$ 18	$ 24
Real estate loans
Loss Contingencies [Line Items]
Repurchase activity | loan	0	0	0	13
Repurchase of previously sold real estate loans				$ 1

Contingencies - Sales Recourse

Contingencies - Sales Recourse Obligations Reserve Activities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Finance Receivables Reserve for Sales Recourse Obligations [Roll Forward]
Balance at beginning of period	$ 15	$ 18	$ 15	$ 24
Recourse losses	0	0	0	(5)
Provision for recourse obligations, net of recoveries	(1)	0	(1)	(1)
Balance at end of period	$ 14	$ 18	$ 14	$ 18

Benefit Plans (Details)

Benefit Plans (Details) - Pension - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Components of net periodic benefit cost:
Interest cost	$ 4	$ 4	$ 12	$ 12
Expected return on assets	(5)	(5)	(13)	(14)
Net periodic benefit cost	$ (1)	$ (1)	$ (1)	$ (2)

Segment Information -- Narrativ

Segment Information -- Narrative (Details)	9 Months Ended
	Sep. 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
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	9 Months Ended	11 Months Ended	16 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2016	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	$ 59	$ 179
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
Segment Reporting Information [Line Items]
Increase (Decrease) Interest Expense Due to Change in Debt Allocation	(44)	(134)
Non-core
Segment Reporting Information [Line Items]
Increase (Decrease) Interest Expense Due to Change in Debt Allocation	$ (15)	$ (45)

Segment Information -- Reconcil

Segment Information -- Reconciliation to Condensed Consolidated Financial Statement Amounts (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income		$ 770	$ 427	$ 2,342	$ 1,240
Interest expense		215	171	655	500
Provision for finance receivable losses		263	79	674	233
Net interest income after provision for finance receivable losses		292	177	1,013	507
Net gain on sale of SpringCastle interests	$ 167	0	0	167	0
Other revenues		158	47	459	154
Acquisition-related transaction and integration expenses		21	14	75	29
Other expenses		396	190	1,237	556
Income before provision for income taxes		33	20	327	76
Income before provision for income taxes attributable to non-controlling interests			32	28	98
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(12)	299	(22)
Assets		18,353	13,165	18,353	13,165	$ 21,190
Adjustments
Information about segments as well as reconciliations to consolidated financial statement amounts
Unearned insurance premium and claim reserves			(240)		(240)
Operating segments | Consumer and Insurance
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income		827	293	2,507	818
Interest expense		191	43	551	119
Provision for finance receivable losses		224	62	669	172
Net interest income after provision for finance receivable losses		412	188	1,287	527
Net gain on sale of SpringCastle interests				0
Other revenues		151	55	467	162
Acquisition-related transaction and integration expenses		17	0	62	0
Other expenses		367	166	1,140	471
Income before provision for income taxes		179	77	552	218
Income before provision for income taxes attributable to non-controlling interests			0	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			77	552	218
Assets		15,728	5,503	15,728	5,503
Operating segments | Acquisitions and Servicing
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income		0	113	102	355
Interest expense		0	22	20	67
Provision for finance receivable losses		0	15	14	53
Net interest income after provision for finance receivable losses		0	76	68	235
Net gain on sale of SpringCastle interests				167
Other revenues		12	13	36	45
Acquisition-related transaction and integration expenses		0	0	1	0
Other expenses		10	27	47	82
Income before provision for income taxes		2	62	223	198
Income before provision for income taxes attributable to non-controlling interests			32	28	98
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			30	195	100
Assets		5	1,880	5	1,880
Operating segments | Residential Portfolio Segment
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income		10	17	40	52
Interest expense		8	58	35	177
Provision for finance receivable losses		1	(4)	5	(7)
Net interest income after provision for finance receivable losses		1	(37)	0	(118)
Net gain on sale of SpringCastle interests				0
Other revenues		(12)	(2)	(30)	4
Acquisition-related transaction and integration expenses		1	0	1	0
Other expenses		8	8	21	24
Income before provision for income taxes		(20)	(47)	(52)	(138)
Income before provision for income taxes attributable to non-controlling interests			0	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(47)	(52)	(138)
Assets		371	3,551	371	3,551
Other
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income		1	1	3	6
Interest expense		1	16	2	48
Provision for finance receivable losses		0	0	0	1
Net interest income after provision for finance receivable losses		0	(15)	1	(43)
Net gain on sale of SpringCastle interests				0
Other revenues		(5)	0	(5)	0
Acquisition-related transaction and integration expenses		4	14	19	29
Other expenses		1	1	0	16
Income before provision for income taxes		(10)	(30)	(23)	(88)
Income before provision for income taxes attributable to non-controlling interests			0	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(30)	(23)	(88)
Assets		242	2,255	242	2,255
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 after provision for finance receivable losses		0	0	0	5
Net gain on sale of SpringCastle interests				0
Other revenues		0	(13)	(11)	(45)
Acquisition-related transaction and integration expenses		0	0	0	0
Other expenses		0	(13)	(11)	(40)
Income before provision for income taxes		0	0	0	0
Income before provision for income taxes attributable to non-controlling interests			0	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			0	0	0
Assets			0		0
Segment Reconciling Items
Information about segments as well as reconciliations to consolidated financial statement amounts
Interest income		(68)	3	(310)	9
Interest expense		15	32	47	94
Provision for finance receivable losses		38	6	(14)	14
Net interest income after provision for finance receivable losses		(121)	(35)	(343)	(99)
Net gain on sale of SpringCastle interests				0
Other revenues		12	(6)	2	(12)
Acquisition-related transaction and integration expenses		(1)	0	(8)	0
Other expenses		10	1	40	3
Income before provision for income taxes		(118)	(42)	(373)	(114)
Income before provision for income taxes attributable to non-controlling interests			0	0	0
Income (loss) before provision for (benefit from) income taxes attributable to Springleaf Holdings, Inc.			(42)	(373)	(114)
Assets		$ 2,007	$ (24)	$ 2,007	$ (24)

Fair Value Measurements -- FV &

Fair Value Measurements -- FV & CV Hierarchy Basis Table (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Assets
Investment securities	$ 1,788	$ 1,867
Restricted cash and cash equivalents	558	676
Total Fair Value
Assets
Cash and cash equivalents	658	939
Investment securities	1,788	1,867
Net finance receivables, less allowance for finance receivable losses	13,984	15,943
Finance receivables held for sale	166	819
Restricted cash and cash equivalents	558	676
Other assets:
Commercial mortgage loans	45	62
Escrow advance receivable	9	11
Receivables related to sales of real estate loans and related trust assets	1	1
Liabilities
Long-term debt	14,577	17,616
Total Carrying Value
Assets
Cash and cash equivalents	658	939
Investment securities	1,788	1,867
Net finance receivables, less allowance for finance receivable losses	13,198	14,967
Finance receivables held for sale	166	793
Restricted cash and cash equivalents	558	676
Other assets:
Commercial mortgage loans	45	62
Escrow advance receivable	9	11
Receivables related to sales of real estate loans and related trust assets	5	5
Liabilities
Long-term debt	13,994	17,300
Fair Value Measurements Using Level 1
Assets
Cash and cash equivalents	589	939
Investment securities	35	36
Restricted cash and cash equivalents	558	676
Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents	69	0
Investment securities	1,743	1,829
Other assets:
Receivables related to sales of real estate loans and related trust assets	1	1
Liabilities
Long-term debt	14,577	17,616
Fair Value Measurements Using Level 3
Assets
Investment securities	10	2
Net finance receivables, less allowance for finance receivable losses	13,984	15,943
Finance receivables held for sale	166	819
Other assets:
Commercial mortgage loans	45	62
Escrow advance receivable	9	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 ($)	Sep. 30, 2016	Dec. 31, 2015
Assets
Available-for-sale securities	$ 1,675,000,000	$ 1,729,000,000
Trading and other securities	112,000,000	137,000,000
Preferred stock	6,000,000	6,000,000
Total investment securities	1,788,000,000	1,867,000,000
Other securities, fair value	112,000,000	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
Total Fair Value
Assets
Cash and cash equivalents	658,000,000	939,000,000
Total investment securities	1,788,000,000	1,867,000,000
Bonds:
Assets
Available-for-sale securities	1,637,000,000	1,691,000,000
Trading and other securities	106,000,000	131,000,000
U.S. government and government sponsored entities
Assets
Available-for-sale securities	40,000,000	111,000,000
Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	135,000,000	140,000,000
Corporate debt
Assets
Available-for-sale securities	1,067,000,000	999,000,000
Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities	82,000,000	128,000,000
Commercial mortgage-backed securities (“CMBS”)
Assets
Available-for-sale securities	112,000,000	116,000,000
Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”)
Assets
Available-for-sale securities	82,000,000	71,000,000
Preferred stock
Assets
Available-for-sale securities	15,000,000	13,000,000
Common stocks
Assets
Available-for-sale securities	21,000,000	23,000,000
Common stocks | Portion at Other than Fair Value Measurement
Assets
Available-for-sale securities	1,000,000	1,000,000
Other Long-term Investments
Assets
Available-for-sale securities	2,000,000	2,000,000
Fair Value Measurements Using Level 1
Assets
Cash and cash equivalents	589,000,000	939,000,000
Total investment securities	35,000,000	36,000,000
Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents	69,000,000	0
Total investment securities	1,743,000,000	1,829,000,000
Fair Value Measurements Using Level 3
Assets
Total investment securities	10,000,000	2,000,000
Fair Value, Measurements, Recurring
Assets
Other securities, fair value		128,000,000
Fair Value, Measurements, Recurring | Total Fair Value
Assets
Cash equivalents in mutual funds	158,000,000	240,000,000
Cash and cash equivalents	69,000,000
Available-for-sale securities	1,675,000,000	1,729,000,000
Trading and other securities	112,000,000	137,000,000
Total investment securities	1,787,000,000	1,866,000,000
Restricted cash in mutual funds	163,000,000	277,000,000
Total	2,177,000,000	2,383,000,000
Fair Value, Measurements, Recurring | Bonds: | Total Fair Value
Assets
Available-for-sale securities	1,637,000,000	1,691,000,000
Fair Value, Measurements, Recurring | U.S. government and government sponsored entities | Total Fair Value
Assets
Available-for-sale securities	40,000,000	111,000,000
Fair Value, Measurements, Recurring | Obligations of states, municipalities, and political subdivisions | Total Fair Value
Assets
Available-for-sale securities	135,000,000	140,000,000
Fair Value, Measurements, Recurring | Non-U.S. government and government sponsored entities | Total Fair Value
Assets
Available-for-sale securities	119,000,000	126,000,000
Trading and other securities	3,000,000
Fair Value, Measurements, Recurring | Non-U.S. government and government sponsored entities | Total Fair Value
Assets
Trading and other securities		3,000,000
Fair Value, Measurements, Recurring | Corporate debt | Total Fair Value
Assets
Available-for-sale securities	1,067,000,000	999,000,000
Trading and other securities	97,000,000	124,000,000
Fair Value, Measurements, Recurring | Residential mortgage-backed securities (“RMBS”) | Total Fair Value
Assets
Available-for-sale securities	82,000,000	128,000,000
Trading and other securities	1,000,000	2,000,000
Fair Value, Measurements, Recurring | Commercial mortgage-backed securities (“CMBS”) | Total Fair Value
Assets
Available-for-sale securities	112,000,000	116,000,000
Trading and other securities	2,000,000	2,000,000
Fair Value, Measurements, Recurring | Collateralized debt obligations (“CDO”)/Asset-backed securities (“ABS”) | Total Fair Value
Assets
Available-for-sale securities	82,000,000	71,000,000
Trading and other securities	3,000,000
Fair Value, Measurements, Recurring | Preferred stock
Assets
Preferred stock	6,000,000	6,000,000
Fair Value, Measurements, Recurring | Preferred stock | Total Fair Value
Assets
Available-for-sale securities	15,000,000	13,000,000
Fair Value, Measurements, Recurring | Common stocks | Total Fair Value
Assets
Available-for-sale securities	21,000,000	23,000,000
Fair Value, Measurements, Recurring | Other Long-term Investments | Total Fair Value
Assets
Available-for-sale securities	2,000,000	2,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 1
Assets
Cash equivalents in mutual funds	158,000,000	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	163,000,000	277,000,000
Total	356,000,000	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-U.S. government and government sponsored entities
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	69,000,000
Available-for-sale securities	1,642,000,000	1,698,000,000
Trading and other securities	101,000,000	131,000,000
Total investment securities	1,743,000,000	1,829,000,000
Total	1,812,000,000	1,829,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Bonds:
Assets
Available-for-sale securities	1,635,000,000	1,691,000,000
Trading and other securities	101,000,000	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	40,000,000	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	135,000,000	140,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Non-U.S. government and government sponsored entities
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	1,066,000,000	999,000,000
Trading and other securities	93,000,000	124,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 2 | Residential mortgage-backed securities (“RMBS”)
Assets
Available-for-sale securities	82,000,000	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	112,000,000	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	81,000,000	71,000,000
Trading and other securities	2,000,000
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	4,000,000	2,000,000
Trading and other securities	5,000,000	0
Total investment securities	9,000,000	2,000,000
Total	9,000,000	2,000,000
Fair Value, Measurements, Recurring | Fair Value Measurements Using Level 3 | Bonds:
Assets
Available-for-sale securities	2,000,000	0
Trading and other securities	5,000,000
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	1,000,000	0
Trading and other securities	1,000,000
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	$ 2,000,000	$ 2,000,000

Fair Value Measurements -- Chan

Fair Value Measurements -- Changes in Level 3 Assets (Details 3) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Available-for-sale Securities
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		0
Purchases, sales, issues, settlements	1		1
Transfers into Level 3	0		1
Transfers out of Level 3	0		0
Balance at end of period	4		4
Trading Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	4		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	1		1
Transfers into Level 3	0		4
Transfers out of Level 3	0		0
Balance at end of period	5		5
Securities Investment
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	6	$ 1	2	$ 8
Net gains (losses) included in: Other revenues	0	0	0	0
Net gains (losses) included in: Other comprehensive income (loss)	1	0	0	0
Purchases, sales, issues, settlements	2	10	2	6
Transfers into Level 3	0	0	5	0
Transfers out of Level 3	0	0	0	(3)
Balance at end of period	9	11	9	11
Securities Investment | Mortgage Loan Securitizations
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Transfers out of Level 3				(3)
Bonds: | Available-for-sale Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	1		0	7
Net gains (losses) included in: Other revenues	0		0	0
Net gains (losses) included in: Other comprehensive income (loss)	0		0	0
Purchases, sales, issues, settlements	1		1	(4)
Transfers into Level 3	0		1	0
Transfers out of Level 3	0		0	(3)
Balance at end of period	2	0	2	0
Corporate debt | Available-for-sale Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	1		0	4
Net gains (losses) included in: Other revenues	0		0	0
Net gains (losses) included in: Other comprehensive income (loss)	0		0	0
Purchases, sales, issues, settlements	0		0	(4)
Transfers into Level 3	0		1	0
Transfers out of Level 3	0		0	0
Balance at end of period	1	0	1	0
Corporate debt | Trading Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	4		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	0		4
Transfers out of Level 3	0		0
Balance at end of period	4		4
Commercial mortgage-backed securities (“CMBS”) | Available-for-sale Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period				3
Net gains (losses) included in: Other revenues				0
Net gains (losses) included in: Other comprehensive income (loss)				0
Purchases, sales, issues, settlements				0
Transfers into Level 3				0
Transfers out of Level 3				(3)
Balance at end of period		0		0
CDO/ABS | Available-for-sale Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	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	1		1
Transfers into Level 3	0		0
Transfers out of Level 3	0		0
Balance at end of period	1		1
CDO/ABS | Trading Securities
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	1		1
Transfers into Level 3	0		0
Transfers out of Level 3	0		0
Balance at end of period	1		1
Preferred stock | Available-for-sale Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period		0		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		10		10
Transfers into Level 3		0		0
Transfers out of Level 3		0		0
Balance at end of period		10		10
Other Long-term Investments | Available-for-sale Securities
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Balance at beginning of period	1	1	2	1
Net gains (losses) included in: Other revenues	0	0	0	0
Net gains (losses) included in: Other comprehensive income (loss)	1	0	0	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	$ 2	$ 1	$ 2	$ 1

Fair Value Measurements -- Deta

Fair Value Measurements -- Details of Purchases and Settlements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Available-for-sale Securities
Assets and liabilities measured at fair value
Purchases	$ 3	$ 10	$ 3	$ 10
Purchases, sales, issues, settlements	1		1
Available-for-sale Securities | Corporate debt
Assets and liabilities measured at fair value
Purchases	2	0	2	0
Settlements	(2)	0	(2)	(4)
Purchases, sales, issues, settlements	0		0	(4)
Available-for-sale Securities | CDO/ABS
Assets and liabilities measured at fair value
Purchases	1	0	1	0
Available-for-sale Securities | Bonds:
Assets and liabilities measured at fair value
Purchases	3	0	3	0
Purchases, sales, issues, settlements	1		1	(4)
Available-for-sale Securities | Preferred stock
Assets and liabilities measured at fair value
Purchases	0	10	0	10
Purchases, sales, issues, settlements		10		10
Trading Securities
Assets and liabilities measured at fair value
Purchases, sales, issues, settlements	1		1
Trading Securities | Corporate debt
Assets and liabilities measured at fair value
Purchases, sales, issues, settlements	0		0
Trading Securities | CDO/ABS
Assets and liabilities measured at fair value
Purchases	1	0	1	0
Securities Investment
Assets and liabilities measured at fair value
Purchases	4	10	4	10
Purchases, sales, issues, settlements	$ 2	$ 10	$ 2	$ 6

Fair Value Measurements -- Quan

Fair Value Measurements -- Quantitative Information about Level 3 Inputs (Details 4) - Level 3 - Fair Value, Measurements, Recurring - Discounted Cash Flow Valuation Technique	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015USD ($)bond
Residential mortgage-backed securities (“RMBS”)
Unobservable Input
Spread (as a percent)		6.65%
Number of bonds | bond		1
Value of bond, less than		$ 1,000,000
Minimum | Corporate debt
Unobservable Input
Spread (as a percent)	2.13%
Maximum | Corporate debt
Unobservable Input
Spread (as a percent)	10.76%
Weighted Average | Corporate debt
Unobservable Input
Spread (as a percent)	5.22%
Not qualified for disclosure, due to less than $1 million | Residential mortgage-backed securities (“RMBS”)
Unobservable Input
Value of bond, less than		$ 1,000,000

Fair Value Measurements -- Non-

Fair Value Measurements -- Non-Recurring Basis (Details 5) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Assets measured at fair value on a non-recurring basis
Debt, 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	166,000,000		166,000,000		$ 19,000,000
Net impairment charges	0	$ 1,000,000	7,000,000	$ 1,000,000
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	157,000,000		157,000,000
Net impairment charges	0	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	6,000,000		6,000,000		11,000,000
Net impairment charges	1,000,000	1,000,000	2,000,000	3,000,000
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	3,000,000		3,000,000		8,000,000
Net impairment charges	(1,000,000)	$ 0	0	$ (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	166,000,000		166,000,000		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	157,000,000		157,000,000
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	6,000,000		6,000,000		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	$ 3,000,000		$ 3,000,000		$ 8,000,000