Onemain Finance 10-Q 4 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document and Entity Information
Entity Registrant Name	SPRINGLEAF FINANCE CORP
Entity Central Index Key	25,598
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		10,160,021
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 413	$ 240
Investment securities	638	582
Net finance receivables:
Personal loans (includes loans of consolidated VIEs of $3.5 billion in 2017 and $2.9 billion in 2016)	4,966	4,804
Real estate loans	134	144
Retail sales finance	8	11
Net finance receivables	5,108	4,959
Unearned insurance premium and claim reserves	(172)	(212)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $109 million in 2017 and $94 million in 2016)	(221)	(204)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	4,715	4,543
Finance receivables held for sale	141	153
Notes receivable from parent and affiliates	4,594	3,723
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $185 million in 2017 and $211 million in 2016)	192	227
Other assets	194	251
Total assets	10,887	9,719
Liabilities and Shareholder’s Equity
Long-term debt (includes debt of consolidated VIEs of $3.2 billion in 2017 and $2.7 billion in 2016)	7,898	6,837
Insurance claims and policyholder liabilities	292	248
Deferred and accrued taxes	95	106
Other liabilities (includes other liabilities of consolidated VIEs of $5 million in 2017 and 2016)	255	185
Total liabilities	8,540	7,376
Commitments and contingent liabilities (Note 14)
Shareholder’s equity:
Common stock, par value $.50 per share; 25,000,000 shares authorized, 10,160,021 shares issued and outstanding at June 30, 2017 and December 31, 2016	5	5
Additional paid-in capital	799	799
Accumulated other comprehensive loss	0	(7)
Retained earnings	1,543	1,546
Total shareholder’s equity	2,347	2,343
Total liabilities and shareholder’s equity	$ 10,887	$ 9,719

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Personal loans	$ 4,966	$ 4,804
Allowance for finance receivable losses	221	204
Restricted cash and restricted cash equivalents	192	227
Long-term debt (includes debt of consolidated VIEs of $3.2 billion in 2017 and $2.7 billion in 2016)	7,898	6,837
Other liabilities (includes other liabilities of consolidated VIEs of $5 million in 2017 and 2016)	$ 255	$ 185
Common Stock, par value (dollars per share)	$ 0.5	$ 0.5
Common Stock, shares authorized (in shares)	25,000,000	25,000,000
Common shares, shares issued (in shares)	10,160,021	10,160,021
Common shares, shares outstanding (in shares)	10,160,021	10,160,021
Consolidated VIEs
Allowance for finance receivable losses	$ 109	$ 94
Restricted cash and restricted cash equivalents	185	211
Long-term debt (includes debt of consolidated VIEs of $3.2 billion in 2017 and $2.7 billion in 2016)	3,200	2,700
Other liabilities (includes other liabilities of consolidated VIEs of $5 million in 2017 and 2016)	5	5
Personal loans
Allowance for finance receivable losses	201	184
Personal loans | Consolidated VIEs
Personal loans	$ 3,500	$ 2,900

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest income:
Finance charges	$ 302	$ 295	$ 596	$ 680
Finance receivables held for sale originated as held for investment	4	18	7	64
Total interest income	306	313	603	744
Interest expense	129	138	256	294
Net interest income	177	175	347	450
Provision for finance receivable losses	91	85	162	176
Net interest income after provision for finance receivable losses	86	90	185	274
Other revenues:
Insurance	40	40	77	79
Investment	8	8	14	14
Interest income on notes receivable from parent and affiliates	62	51	121	102
Net loss on repurchases and repayments of debt	(27)	(13)	(27)	(16)
Net gain on sale of SpringCastle interests	0	0	0	167
Net gain on sale of personal loans	0	22	0	22
Other	4	(2)	8	(6)
Total other revenues	87	106	193	362
Operating expenses:
Salaries and benefits	77	85	156	182
Other operating expenses	65	77	132	154
Insurance policy benefits and claims	18	15	34	32
Total other expenses	160	177	322	368
Income before income taxes	13	19	56	268
Income taxes	5	6	21	91
Net income	8	13	35	177
Net income attributable to non-controlling interests	0	0	0	28
Net income attributable to Springleaf Finance Corporation	$ 8	$ 13	$ 35	$ 149

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 8	$ 13	$ 35	$ 177
Other comprehensive income:
Net change in unrealized gains on non-credit impaired available-for-sale securities	7	12	10	24
Retirement plan liabilities adjustments	4	0	4	0
Income tax effect:
Net unrealized gains on non-credit impaired available-for-sale securities	(3)	(5)	(4)	(9)
Retirement plan liabilities adjustments	(1)	0	(1)	0
Other comprehensive income, net of tax, before reclassification adjustments	7	7	9	15
Reclassification adjustments included in net income:
Net realized gains on available-for-sale securities	(1)	(2)	(3)	(3)
Income tax effect:
Net realized gains on available-for-sale securities	0	1	1	1
Reclassification adjustments included in net income, net of tax	(1)	(1)	(2)	(2)
Other comprehensive income, net of tax	6	6	7	13
Comprehensive income	14	19	42	190
Comprehensive income attributable to non-controlling interests	0	0	0	28
Comprehensive income attributable to Springleaf Finance Corporation	$ 14	$ 19	$ 42	$ 162

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Shareholder’s Equity (Unaudited) - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Springleaf Finance Corporation Shareholder’s Equity	Non-controlling Interests
Balance at beginning of period at Dec. 31, 2015	$ 2,032	$ 5	$ 789	$ (24)	$ 1,341	$ 2,111	$ (79)
Increase (Decrease) in Shareholders' Equity
Capital contribution from parent	10		10			10
Share-based compensation expense, net of forfeitures	1		1			1
Excess tax benefit from share-based compensation	1		1			1
Withholding tax on share-based compensation	(1)		(1)			(1)
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	13			13		13
Net income	177				149	149	28
Balance at end of period at Jun. 30, 2016	2,284	5	800	(11)	1,490	2,284	0
Balance at beginning of period at Mar. 31, 2016				(17)
Change in non-controlling interests:
Net income	13
Balance at end of period at Jun. 30, 2016	2,284	5	800	(11)	1,490	2,284	0
Balance at beginning of period at Dec. 31, 2016	2,343	5	799	(7)	1,546	2,343
Change in non-controlling interests:
Other comprehensive income	7			7		7
Dividend of SFMC to SFI	(38)				(38)	(38)
Net income	35				35	35	0
Balance at end of period at Jun. 30, 2017	2,347	5	799	0	1,543	2,347	0
Balance at beginning of period at Mar. 31, 2017				(6)
Change in non-controlling interests:
Net income	8
Balance at end of period at Jun. 30, 2017	$ 2,347	$ 5	$ 799	$ 0	$ 1,543	$ 2,347	$ 0

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net income	$ 35	$ 177
Reconciling adjustments:
Provision for finance receivable losses	162	176
Depreciation and amortization	75	64
Deferred income tax charge (benefit)	(58)	8
Net gain on sale of personal loans	0	(22)
Net loss on repurchases and repayments of debt	27	16
Share-based compensation expense, net of forfeitures	0	1
Net gain on sale of SpringCastle interests	0	(167)
Other	2	4
Cash flows due to changes in:
Other assets and other liabilities	111	(23)
Insurance claims and policyholder liabilities	5	(7)
Taxes receivable and payable	25	(13)
Accrued interest and finance charges	(29)	10
Other, net	(3)	2
Net cash provided by operating activities	352	226
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale	(307)	(276)
Proceeds on sales of finance receivables held for sale originated as held for investment	0	624
Proceeds from sale of SpringCastle interests, net of restricted cash released	0	26
Cash advances on intercompany notes receivable	(1,335)	(187)
Proceeds from repayments of principal and assignment of intercompany notes receivable	491	214
Available-for-sale securities purchased	(182)	(134)
Trading and other securities purchased	0	(10)
Available-for-sale securities called, sold, and matured	136	221
Trading and other securities called, sold, and matured	1	10
Other, net	6	7
Net cash provided by (used for) investing activities	(1,190)	495
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions	2,124	1,990
Proceeds from intercompany note payable	0	670
Repayments of long-term debt	(1,138)	(3,140)
Distributions to joint venture partners	0	(18)
Payments on note payable to affiliate	0	(370)
Excess tax benefit from share-based compensation	0	1
Withholding tax on share-based compensation	0	(1)
Cash dividend of SFMC	(10)	0
Capital contribution from parent	0	10
Net cash provided by (used for) financing activities	976	(858)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents	138	(137)
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	467	616
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	605	479
Supplemental cash flow information
Cash and cash equivalents	413	320
Total cash and cash equivalents and restricted cash and restricted cash equivalents	467	616
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)	0	1,895
Increase in finance receivables held for investment financed with intercompany payable	0	89
Transfer of finance receivables to real estate owned	5	4
Non-cash dividend of SFMC	(28)	0
Net unsettled investment security purchases	$ (2)	$ (8)

Business and Basis of Presentat

Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation Springleaf Finance Corporation is referred to in this report as “SFC” or, collectively with its subsidiaries, whether directly or indirectly owned, “Springleaf,” the “Company,” “we,” “us,” or “our.” SFC is a wholly owned subsidiary of SFI. SFI is a wholly owned subsidiary of OMH. At June 30, 2017 , the Initial Stockholder owned approximately 57% of OMH’s common stock. The Initial Stockholder is owned primarily by a private equity fund managed by an affiliate of Fortress. BASIS OF PRESENTATION We prepared our condensed consolidated financial statements using 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 SFC, its subsidiaries (all of which are wholly owned, except for certain subsidiaries associated with the SpringCastle Joint Venture, in which we owned a 47% equity interest prior to March 31, 2016), and 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 2017 presentation, we have reclassified certain items in prior periods of our condensed consolidated statements of cash flows. Also, to conform to the new alignment of our segments, as further discussed in Note 16 , we have revised our prior period segment disclosures. The condensed consolidated financial statements in this report should be read in conjunction with the consolidated financial statements and related notes included in our 2016 Annual Report on Form 10-K. We follow the same significant accounting policies for our interim reporting, except for the new accounting pronouncements subsequently adopted and disclosed below.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED 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 of accounting 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 of accounting 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 of accounting. The amendment in this ASU became effective prospectively for the Company for annual periods beginning January 1, 2017. We have adopted this ASU as of January 1, 2017 and concluded that it does not have an impact on our consolidated financial statements. Statement of Cash Flows In November of 2016, the FASB issued ASU 2016-18, Statement of Cash Flows , which simplifies the presentation of restricted cash on the statement of cash flows by requiring entities to include restricted cash and restricted cash equivalents in the reconciliation of cash and cash equivalents. The amendments in this ASU become effective for the Company for fiscal years beginning January 1, 2018. We elected to early adopt this ASU as of January 1, 2017 and presented this change on a retrospective basis for all periods presented. We have concluded that this ASU does not have a material impact on our consolidated financial statements. Technical Corrections and Improvements In January of 2017, the FASB issued ASU 2017-03, Accounting Changes and Error Corrections , to enhance the footnote disclosure guidelines for ASUs 2014-09, 2016-02, and 2016-13. The amendments to this transition guidance became effective for the Company for fiscal years beginning January 1, 2017. We have adopted this ASU as of January 1, 2017 on a prospective basis. We have concluded that this ASU does not have a material impact on our consolidated financial statements. Business Combinations In January of 2017, the FASB issued ASU 2017-01, Business Combinations , to clarify the definition of a business, which establishes a process to determine when an integrated set of assets and activities can be deemed a business combination. The amendments in this ASU become effective for the Company for annual periods beginning January 1, 2018. We elected to early adopt this ASU as of April 1, 2017 on a prospective basis. We have concluded that the adoption of this ASU will 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 results in the ASU becoming effective for the Company for annual periods beginning January 1, 2018. 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. 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. In December of 2016, the FASB issued ASU 2016-20, Technical Corrections and Improvements to Topic 606 , which improves the guidance specific to the amendments in ASU 2014-09. The Company will adopt this ASU effective January 1, 2018. The Company’s ongoing implementation efforts include the identification of other revenue streams that are within the scope of the new guidance and the review of related contracts with customers to determine the effect on certain non-interest income items presented in our consolidated statements of operations and on the presentation of disclosures. As substantially all of the Company's revenues have historically been generated from activities that are outside the scope of the ASU, we do not believe that the adoption of this ASU will have a material impact 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 the Company for annual periods beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. In March of 2017, the FASB issued ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs , which amends the amortization period for certain purchased callable debt securities held at a premium. This ASU shortens the amortization period for the premium from the adjustment of yield over the contractual life of the instrument to the earliest call date. The amendments in this ASU become effective for the Company for fiscal years beginning January 1, 2019. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. Leases In February of 2016, the FASB issued ASU 2016-02, Leases . The ASU requires lessees to recognize a right-of-use asset and a liability for the obligation to make payments 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 the Company for annual periods beginning January 1, 2019. We believe that the adoption of this ASU will have a material impact on our consolidated financial statements, and we are in the process of quantifying the expected impact. Revenue Recognition and Derivatives and Hedging In May of 2016, the FASB issued ASU 2016-11, Revenue Recognition and Derivatives and Hedging , to rescind certain SEC guidance in Topic 605 and Topic 815 as ASU 2014-09 becomes effective for the Company. Our adoption of ASU 2014-09 will bring us into alignment with this ASU. We believe that the adoption of this ASU will not have a material impact on our consolidated financial statements. Allowance for Finance Receivables Losses In June of 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses: 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. The adoption of this ASU will have a material impact on our consolidated financial statements, and we are in the process of quantifying the expected impacts. Statement of Cash Flows In August of 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments , 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 the Company for fiscal years beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. Income Taxes In October of 2016, the FASB issued ASU 2016-16, Income Taxes: Intra-Entity Transfers of Assets Other Than Inventory , which requires entities to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments in this ASU will become effective for the Company for annual reporting periods beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. Compensation and Benefits In March of 2017, the FASB issued ASU 2017-07, Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost , to improve the presentation of the net periodic pension cost and net periodic postretirement benefit costs. It requires that a company present separately the service cost component on the income statement. The amendments in this ASU become effective for the Company for annual periods beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. In May of 2017, the FASB issued ASU 2017-09, Compensation-Stock Compensation: Scope of Modification Accounting , which attempts to simplify the guidance about changes to the terms or conditions of a share-based payment award that requires an entity to apply modification accounting. The amendments in this ASU become effective for the Company for annual periods beginning January 1, 2018. We do not believe the adoption of this ASU will have a material impact on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during the six months ended June 30, 2017 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Finance Receivables

Finance Receivables	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Finance Receivables	Finance Receivables Our finance receivable types include personal loans, real estate loans, and retail sales finance as defined below: • Personal loans — are secured by consumer goods, automobiles, or other personal property or are unsecured, typically non-revolving with a fixed-rate and a fixed, original term of three to six years . At June 30, 2017 , we had over 902,000 personal loans representing $5.0 billion of net finance receivables, compared to 928,000 personal loans totaling $4.8 billion at December 31, 2016 . • 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 originating real estate loans in January of 2012, our real estate loans have been 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. Components of net finance receivables held for investment by type were as follows: (dollars in millions) Personal Real Estate Loans Retail Total June 30, 2017 Gross receivables * $ 5,527 $ 132 $ 9 $ 5,668 Unearned finance charges and points and fees (671 ) 1 (1 ) (671 ) Accrued finance charges 65 1 — 66 Deferred origination costs 45 — — 45 Total $ 4,966 $ 134 $ 8 $ 5,108 December 31, 2016 Gross receivables * $ 5,449 $ 142 $ 12 $ 5,603 Unearned finance charges and points and fees (754 ) 1 (1 ) (754 ) Accrued finance charges 63 1 — 64 Deferred origination costs 46 — — 46 Total $ 4,804 $ 144 $ 11 $ 4,959 * 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 Fortress Acquisition — 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. At June 30, 2017 and December 31, 2016 , unused lines of credit extended to customers by the Company were immaterial. CREDIT QUALITY INDICATOR We consider the delinquency status of our finance receivables as our primary credit quality indicator. We monitor delinquency trends to manage our exposure to credit risk. When finance receivables are 60 days past due, we consider them delinquent and transfer collection of these accounts to our centralized operations, as these accounts are considered to be at increased risk for loss. At 90 days or more past due, we consider our finance receivables to be nonperforming. The following is a summary of net finance receivables held for investment by type and by number of days delinquent: (dollars in millions) Personal Real Estate Loans Retail Total June 30, 2017 Net finance receivables: Performing Current $ 4,770 $ 99 $ 8 $ 4,877 30-59 days past due 65 9 — 74 60-89 days past due 41 4 — 45 Total performing 4,876 112 8 4,996 Nonperforming 90-179 days past due 87 5 — 92 180 days or more past due 3 17 — 20 Total nonperforming 90 22 — 112 Total $ 4,966 $ 134 $ 8 $ 5,108 December 31, 2016 Net finance receivables: Performing Current $ 4,579 $ 102 $ 11 $ 4,692 30-59 days past due 64 9 — 73 60-89 days past due 45 4 — 49 Total performing 4,688 115 11 4,814 Nonperforming 90-179 days past due 112 8 — 120 180 days or more past due 4 21 — 25 Total nonperforming 116 29 — 145 Total $ 4,804 $ 144 $ 11 $ 4,959 We accrue finance charges on revolving retail finance receivables up to the date of charge-off at 180 days past due. Our revolving retail finance receivables that were more than 90 days past due and still accruing finance charges at June 30, 2017 and at December 31, 2016 were immaterial . PURCHASED CREDIT IMPAIRED FINANCE RECEIVABLES Our purchased credit impaired finance receivables consist of receivables purchased in connection with the Fortress Acquisition. Prior to March 31, 2016, our purchased credit impaired finance receivables also included the SpringCastle Portfolio, which was purchased in connection with the joint venture acquisition of the SpringCastle Portfolio. On March 31, 2016, we sold the SpringCastle Portfolio in connection with the SpringCastle Interests Sale. We report the carrying amount (which initially was the fair value) of our purchased credit impaired finance receivables in net finance receivables, less allowance for finance receivable losses or in finance receivables held for sale as discussed below. At June 30, 2017 and December 31, 2016 , finance receivables held for sale totaled $141 million and $153 million , respectively, 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. See Note 5 for further information on our finance receivables held for sale. Information regarding our purchased credit impaired FA Loans held for investment and held for sale were as follows: (dollars in millions) June 30, December 31, FA Loans (a) Carrying amount, net of allowance $ 62 $ 70 Outstanding balance (b) 100 107 Allowance for purchased credit impaired finance receivable losses 8 8 (a) Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, Carrying amount $ 48 $ 54 Outstanding balance 77 83 (b) Outstanding balance is defined as UPB of the loans with a net carrying amount. The allowance for purchased credit impaired finance receivable losses at June 30, 2017 and December 31, 2016 , reflected the carrying value of the purchased credit impaired loans held for investment being higher than the present value of the expected cash flows. Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) SCP Loans FA Loans Total Three Months Ended June 30, 2017 Balance at beginning of period $ — $ 59 $ 59 Accretion (a) — (2 ) (2 ) Reclassifications to nonaccretable difference (b) — (2 ) (2 ) Balance at end of period $ — $ 55 $ 55 Three Months Ended June 30, 2016 Balance at beginning of period $ — $ 74 $ 74 Accretion (a) — (2 ) (2 ) Reclassifications to nonaccretable difference (b) — (11 ) (11 ) Balance at end of period $ — $ 61 $ 61 Six Months Ended June 30, 2017 Balance at beginning of period $ — $ 60 $ 60 Accretion (a) — (3 ) (3 ) Reclassifications to nonaccretable difference (b) — (2 ) (2 ) Balance at end of period $ — $ 55 $ 55 Six Months Ended June 30, 2016 Balance at beginning of period $ 375 $ 66 $ 441 Accretion (a) (16 ) (4 ) (20 ) Reclassifications to nonaccretable difference (b) — (1 ) (1 ) Transfer due to finance receivables sold (359 ) — (359 ) Balance at end of period $ — $ 61 $ 61 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were immaterial. (b) Reclassifications to nonaccretable difference represents the decreases in accretable yield resulting from lower estimated undiscounted cash flows. TDR FINANCE RECEIVABLES Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Real Estate Total June 30, 2017 TDR gross finance receivables $ 91 $ 142 $ 233 TDR net finance receivables 89 143 232 Allowance for TDR finance receivable losses 42 11 53 December 31, 2016 TDR gross finance receivables $ 47 $ 133 $ 180 TDR net finance receivables 47 134 181 Allowance for TDR finance receivable losses 20 11 31 * TDR real estate loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, 2016 TDR gross finance receivables $ 91 $ 89 TDR net finance receivables 92 90 As of June 30, 2017 , 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 * Real Estate Loans * Total Three Months Ended June 30, 2017 TDR average net receivables $ 66 $ 140 $ 206 TDR finance charges recognized 2 2 4 Three Months Ended June 30, 2016 TDR average net receivables $ 34 $ 202 $ 236 TDR finance charges recognized 1 3 4 Six Months Ended June 30, 2017 TDR average net receivables $ 57 $ 138 $ 195 TDR finance charges recognized 3 4 7 Six Months Ended June 30, 2016 TDR average net receivables $ 33 $ 202 $ 235 TDR finance charges recognized 2 6 8 * TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Real Estate Loans Total Three Months Ended June 30, 2017 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 2 2 Three Months Ended June 30, 2016 TDR average net receivables $ 1 $ 112 $ 113 TDR finance charges recognized — 2 2 Six Months Ended June 30, 2017 TDR average net receivables $ — $ 90 $ 90 TDR finance charges recognized — 3 3 Six Months Ended June 30, 2016 TDR average net receivables $ 2 $ 102 $ 104 TDR finance charges recognized — 3 3 Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 48 $ — $ 10 $ 58 Post-modification TDR net finance receivables: Rate reduction $ 37 $ — $ 10 $ 47 Other (b) 10 — — 10 Total post-modification TDR net finance receivables $ 47 $ — $ 10 $ 57 Number of TDR accounts 9,457 — 350 9,807 Three Months Ended June 30, 2016 Pre-modification TDR net finance receivables $ 9 $ — $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 6 $ — $ 5 $ 11 Other (b) 2 — 1 3 Total post-modification TDR net finance receivables $ 8 $ — $ 6 $ 14 Number of TDR accounts 1,767 — 116 1,883 Six Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 63 $ — $ 13 $ 76 Post-modification TDR net finance receivables: Rate reduction $ 47 $ — $ 13 $ 60 Other (b) 14 — — 14 Total post-modification TDR net finance receivables $ 61 $ — $ 13 $ 74 Number of TDR accounts 12,197 — 414 12,611 Six Months Ended June 30, 2016 Pre-modification TDR net finance receivables $ 18 $ 1 $ 10 $ 29 Post-modification TDR net finance receivables: Rate reduction $ 11 $ 1 $ 8 $ 20 Other (b) 5 — 2 7 Total post-modification TDR net finance receivables $ 16 $ 1 $ 10 $ 27 Number of TDR accounts 3,549 157 205 3,911 (a) TDR finance receivables held for sale included in the table above were immaterial. (b) “Other” modifications primarily include forgiveness of principal or interest. Personal loans held for investment and held for sale that were modified as TDR personal loans within the previous 12 months and for which there was a default during the period to cause the TDR personal loans to be considered nonperforming (90 days or more past due) were as follows: (dollars in millions) Personal Loans Three Months Ended June 30, 2017 TDR net finance receivables * $ 11 Number of TDR accounts 2,445 Three Months Ended June 30, 2016 TDR net finance receivables * $ 2 Number of TDR accounts 320 Six Months Ended June 30, 2017 TDR net finance receivables * $ 14 Number of TDR accounts 3,030 Six Months Ended June 30, 2016 TDR net finance receivables * $ 3 Number of TDR accounts 675 * Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. TDR real estate loans and TDR SpringCastle Portfolio loans for the three and six months ended June 30, 2017 and 2016 that defaulted during the previous 12-month period were immaterial.

Allowance for Finance Receivabl

Allowance for Finance Receivable Losses	6 Months Ended
	Jun. 30, 2017
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 June 30, 2017 Balance at beginning of period $ 176 $ — $ 19 $ 1 $ 196 Provision for finance receivable losses 90 — 1 — 91 Charge-offs (80 ) — (2 ) — (82 ) Recoveries 15 — 1 — 16 Balance at end of period $ 201 $ — $ 19 $ 1 $ 221 Three Months Ended June 30, 2016 Balance at beginning of period $ 168 $ — $ 49 $ — $ 217 Provision for finance receivable losses 83 — 2 — 85 Charge-offs (85 ) — (4 ) — (89 ) Recoveries 10 — 2 1 13 Other * — — (29 ) — (29 ) Balance at end of period $ 176 $ — $ 20 $ 1 $ 197 Six Months Ended June 30, 2017 Balance at beginning of period $ 184 $ — $ 19 $ 1 $ 204 Provision for finance receivable losses 160 — 2 — 162 Charge-offs (179 ) — (3 ) — (182 ) Recoveries 36 — 1 — 37 Balance at end of period $ 201 $ — $ 19 $ 1 $ 221 Six Months Ended June 30, 2016 Balance at beginning of period $ 173 $ 4 $ 46 $ 1 $ 224 Provision for finance receivable losses 156 14 6 — 176 Charge-offs (174 ) (17 ) (6 ) (1 ) (198 ) Recoveries 21 3 3 1 28 Other * — (4 ) (29 ) — (33 ) Balance at end of period $ 176 $ — $ 20 $ 1 $ 197 * Other consists of: • the elimination of allowance for finance receivable losses due to the transfer of real estate loans held for investment to finance receivables held for sale on June 30, 2016; and • the elimination of allowance for finance receivable losses due to the sale of the SpringCastle Portfolio on March 31, 2016, in connection with the SpringCastle Interests Sale. The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal Real Estate Loans Retail Total June 30, 2017 Allowance for finance receivable losses: Collectively evaluated for impairment $ 159 $ — $ 1 $ 160 Purchased credit impaired finance receivables — 8 — 8 TDR finance receivables 42 11 — 53 Total $ 201 $ 19 $ 1 $ 221 Finance receivables: Collectively evaluated for impairment $ 4,877 $ 61 $ 8 $ 4,946 Purchased credit impaired finance receivables — 22 — 22 TDR finance receivables 89 51 — 140 Total $ 4,966 $ 134 $ 8 $ 5,108 Allowance for finance receivable losses as a percentage of finance receivables 4.04 % 14.35 % 10.23 % 4.32 % December 31, 2016 Allowance for finance receivable losses: Collectively evaluated for impairment $ 164 $ — $ 1 $ 165 Purchased credit impaired finance receivables — 8 — 8 TDR finance receivables 20 11 — 31 Total $ 184 $ 19 $ 1 $ 204 Finance receivables: Collectively evaluated for impairment $ 4,757 $ 76 $ 11 $ 4,844 Purchased credit impaired finance receivables — 24 — 24 TDR finance receivables 47 44 — 91 Total $ 4,804 $ 144 $ 11 $ 4,959 Allowance for finance receivable losses as a percentage of finance receivables 3.84 % 13.31 % 4.42 % 4.12 %

Finance Receivables Held for Sa

Finance Receivables Held for Sale	6 Months Ended
	Jun. 30, 2017
Receivables Held-for-sale [Abstract]
Finance Receivables Held for Sale	Finance Receivables Held for Sale We report finance receivables held for sale of $141 million at June 30, 2017 and $153 million at December 31, 2016 , which are carried at the lower of cost or fair value and consist entirely of real estate loans. At June 30, 2017 and December 31, 2016 , 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. SPRINGCASTLE PORTFOLIO 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 . PERSONAL LOANS 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 . REAL ESTATE LOANS On June 30, 2016, we transferred $257 million of real estate loans (after deducting allowance for finance receivable losses) from held for investment to held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. We did not have any other material transfer activity to or from finance receivables held for sale during the three and six months ended June 30, 2017 and 2016 .

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities AVAILABLE-FOR-SALE SECURITIES Cost/amortized cost, unrealized gains and losses, and fair value of available-for-sale securities by type were as follows: (dollars in millions) Cost/ Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017 Fixed maturity available-for-sale securities: Bonds U.S. government and government sponsored entities $ 19 $ — $ — $ 19 Obligations of states, municipalities, and political subdivisions 76 1 (1 ) 76 Non-U.S. government and government sponsored entities 4 — — 4 Corporate debt 404 6 (2 ) 408 Mortgage-backed, asset-backed, and collateralized: RMBS 38 — — 38 CMBS 32 — — 32 CDO/ABS 52 — — 52 Total bonds 625 7 (3 ) 629 Preferred stock (a) 6 — (1 ) 5 Other long-term investments 1 — — 1 Total (b) $ 632 $ 7 $ (4 ) $ 635 December 31, 2016 Fixed maturity available-for-sale securities: Bonds U.S. government and government sponsored entities $ 13 $ — $ — $ 13 Obligations of states, municipalities, and political subdivisions 83 — (1 ) 82 Non-U.S. government and government sponsored entities 5 — — 5 Corporate debt 356 2 (5 ) 353 Mortgage-backed, asset-backed, and collateralized: RMBS 39 — — 39 CMBS 33 — — 33 CDO/ABS 46 — — 46 Total bonds 575 2 (6 ) 571 Preferred stock (a) 6 — — 6 Other long-term investments 1 — — 1 Total (b) $ 582 $ 2 $ (6 ) $ 578 (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 FHLB common stock of $1 million at June 30, 2017 and December 31, 2016 , which is classified as a restricted investment and carried at cost. Fair value and unrealized losses on available-for-sale securities by type and length of time in a continuous unrealized loss position were as follows: Less Than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Unrealized Losses * Fair Value Unrealized Losses * Fair Value Unrealized Losses June 30, 2017 Bonds: U.S. government and government sponsored entities $ 14 $ — $ 1 $ — $ 15 $ — Obligations of states, municipalities, and political subdivisions 39 (1 ) 2 — 41 (1 ) Non-U.S. government and government sponsored entities 2 — — — 2 — Corporate debt 140 (2 ) 7 — 147 (2 ) RMBS 22 — 11 — 33 — CMBS 18 — — — 18 — CDO/ABS 31 — 1 — 32 — Total bonds 266 (3 ) 22 — 288 (3 ) Preferred stock — — 6 (1 ) 6 (1 ) Other long-term investments — — 1 — 1 — Total $ 266 $ (3 ) $ 29 $ (1 ) $ 295 $ (4 ) December 31, 2016 Bonds: U.S. government and government sponsored entities $ 9 $ — $ — $ — $ 9 $ — Obligations of states, municipalities, and political subdivisions 57 (1 ) 2 — 59 (1 ) Non-U.S. government and government sponsored entities 3 — — — 3 — Corporate debt 171 (5 ) 5 — 176 (5 ) RMBS 33 — — — 33 — CMBS 22 — — — 22 — CDO/ABS 25 — — — 25 — Total bonds 320 (6 ) 7 — 327 (6 ) Preferred stock — — 6 — 6 — Total $ 320 $ (6 ) $ 13 $ — $ 333 $ (6 ) * 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 187 and 217 investment securities in an unrealized loss position at June 30, 2017 and December 31, 2016 , 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 June 30, 2017 , we had no plans to sell any investment securities with unrealized losses, and we believe it is more likely than not that we would not be required to sell such investment securities before recovery of their amortized cost. We continue to monitor unrealized loss positions for potential impairments. During the three and six months ended June 30, 2017 and 2016 , we did not recognize any other-than-temporary impairment credit losses on our available-for-sale securities in investment revenues. During the three and six months ended June 30, 2017 and 2016 , there were no material additions or reductions in the cumulative amount of credit losses (recognized in earnings) on other-than-temporarily impaired available-for-sale securities. The proceeds of available-for-sale securities sold or redeemed and the resulting net realized gains were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Proceeds from sales and redemptions $ 68 $ 123 $ 119 $ 193 Realized gains $ 2 $ 3 $ 4 $ 4 Realized losses * (1 ) — (1 ) — Net realized gains $ 1 $ 3 $ 3 $ 4 * Realized losses on available-for-sale securities sold or redeemed during the three and six months ended June 30, 2016 were less than $1 million and, therefore, are not quantified in the table above. Contractual maturities of fixed-maturity available-for-sale securities at June 30, 2017 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 $ 67 $ 67 Due after 1 year through 5 years 250 250 Due after 5 years through 10 years 43 42 Due after 10 years 147 144 Mortgage-backed, asset-backed, and collateralized securities 122 122 Total $ 629 $ 625 Actual maturities may differ from contractual maturities since issuers and 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 securities on deposit with third parties totaled $8 million and $11 million at June 30, 2017 and December 31, 2016 , respectively. TRADING AND OTHER SECURITIES The fair value of other securities by type was as follows: (dollars in millions) June 30, December 31, Fixed maturity other securities: Bonds Corporate debt $ 2 $ 2 Mortgage-backed, asset-backed, and collateralized: CMBS — 1 Total $ 2 $ 3 Mark-to-market gains on trading and other securities held at June 30, 2017 and 2016 and realized gains (losses) on trading and other securities sold or redeemed during the 2017 and 2016 periods were immaterial for the three and six months ended June 30, 2017 and 2016 . We report these gains (losses) in investment revenues. Other securities are those securities for which the fair value option was elected. Our remaining trading securities were sold in the first quarter of 2016.

Transactions with Affiliates of

Transactions with Affiliates of Fortress	6 Months Ended
	Jun. 30, 2017
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Transactions with Affiliates of Fortress	Transactions with Affiliates of Fortress SUBSERVICING AGREEMENT Nationstar subservices the real estate loans of certain of our indirect subsidiaries (collectively, the “Owners”). Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. The Owners paid Nationstar subservicing fees of less than $1 million for the three months ended June 30, 2017 and 2016 and $1 million for the six months ended June 30, 2017 and 2016 . INVESTMENT MANAGEMENT AGREEMENT Logan Circle provides investment management services for our investments. Logan Circle is a wholly owned subsidiary of Fortress. On July 7, 2017, MetLife and Fortress announced a definitive agreement for MetLife to acquire 100% of Fortress’ ownership stake in Logan Circle. Upon consummation of such transaction, Logan Circle will no longer be an affiliate of Fortress. Costs and fees incurred for these investment management services were less than $1 million for the three and six months ended June 30, 2017 and 2016 . 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. NRZ is managed by an affiliate of Fortress. Related Party Transactions AFFILIATE LENDING Notes Receivable from Parent and Affiliates Note Receivable from SFI. SFC’s note receivable from SFI is payable in full on May 31, 2022, and SFC may demand payment at any time prior to May 31, 2022; however, SFC does not anticipate the need for additional liquidity during 2017 and does not expect to demand payment from SFI in 2017. The note receivable from SFI totaled $380 million at June 30, 2017 and $285 million at December 31, 2016 . The interest rate for the UPB is the lender’s cost of funds rate, which was 6.09% at June 30, 2017 . Interest revenue on the note receivable from SFI totaled $6 million and $11 million for the three and six months ended June 30, 2017 , respectively, compared to $5 million and $10 million for the three and six months ended June 30, 2016 , respectively, which we report in interest income on notes receivable from parent and affiliates. Independence Demand Note. On November 12, 2015, in connection with the closing of the OneMain Acquisition, CSI, SFC’s wholly owned subsidiary, entered into the Independence Demand Note, whereby CSI agreed to make advances to Independence from time to time, with an aggregate amount outstanding not to exceed $3.55 billion . On November 12, 2015, Independence borrowed $3.4 billion under the Independence Demand Note. Under the Independence Demand Note, Independence was required to use the proceeds of any advance either (i) to fund a portion of the purchase price for the OneMain Acquisition or (ii) for general corporate purposes. The note was payable in full on December 31, 2019, and CSI could demand payment at any time prior to December 31, 2019. Independence could repay the note in whole or in part at any time without premium or penalty. The interest rate for the UPB was the lender’s cost of funds rate. Interest revenue on the note receivable from Independence totaled $46 million and $92 million for the three and six months ended June 30, 2016 , respectively. On July 19, 2016, CSI, Independence, and OMFH entered into the Note Assignment pursuant to which CSI sold and assigned to OMFH, and OMFH purchased and assumed from CSI, an interest in and to CSI’s right to receive $150 million principal amount outstanding under the Independence Demand Note for a purchase price of $150 million . On July 20, 2016, OMFH paid the $150 million purchase price to CSI. In connection with the Note Assignment discussed above, Independence exchanged the Independence Demand Note for (i) the Cash Services Note issued to CSI with a maximum borrowing amount not to exceed $3.4 billion and (ii) the OMFH Note issued to OMFH with a maximum borrowing amount not to exceed $150 million . The Cash Services Note and the OMFH Note provide that no advances shall be made to Independence on or after December 31, 2019 and all principal and interest shall be payable in full on December 31, 2019, unless earlier payment is demanded by CSI or OMFH. The interest rate for the UPB is the lender’s cost of funds rate, which was 6.09% at June 30, 2017 . At June 30, 2017 and December 31, 2016 , the note receivable from Independence relating to the Cash Services Note totaled $2.8 billion and $2.9 billion , respectively, which included compounded interest due to CSI. Interest revenue on the note receivable from Independence relating to the Cash Services Note totaled $43 million and $88 million for the three and six months ended June 30, 2017 , respectively, which we report in interest income on notes receivable from parent and affiliates. OneMain Demand Note. On November 15, 2015, in connection with the closing of the OneMain Acquisition, SFC entered into the OneMain Demand Note with OMFH, whereby SFC agreed to make advances to OMFH from time to time, with an aggregate amount outstanding not to exceed $500 million . Under the OneMain Demand Note, OMFH is required to use the proceeds of any advance either (i) exclusively to finance the purchase, origination, pooling, funding or carrying of receivables by OMFH or any of its restricted subsidiaries or (ii) for general corporate purposes. The note is payable in full on December 31, 2024, and SFC may demand payment with five days prior notice. OMFH may repay the note in whole or in part at any time without premium or penalty. The interest rate for the UPB is the lender’s cost of funds rate. SFC has, from time to time, amended the note to increase the maximum amount that may be advanced to OMFH. At June 30, 2017 , the maximum amount that may be advanced totaled $1.6 billion . At June 30, 2017 and December 31, 2016 , the note receivable from OMFH totaled $1.4 billion and $530 million , respectively, which included compounded interest due to SFC. Interest revenue on the note receivable from OMFH totaled $13 million and $22 million for the three and six months ended June 30, 2017 , respectively, which we report in interest income on notes receivable from parent and affiliates. Receivables from Parent and Affiliates At June 30, 2017 and December 31, 2016 , receivables from parent and affiliates totaled $14 million and $40 million , respectively. Receivables from parent and affiliates also included (i) interest receivable on SFC’s note receivable from SFI previously discussed in this Note, (ii) taxes paid by SFC for all entities and then settled under the tax sharing agreement, (iii) expenses paid by a subsidiary of SFC for the benefit of parent and affiliates, (iv) intercompany insurance premiums collected, and (v) the servicing fees and collections received on the legacy OneMain loans serviced by legacy Springleaf branches. Receivables from parent and affiliates at December 31, 2016 are presented net of a payable to SFI of $6 million . Excluding this payable, receivables from parent and affiliates totaled $46 million at December 31, 2016 . Note Payable to Affiliate On December 1, 2015, in connection with the closing of the OneMain Acquisition, OMFH entered into a revolving demand note with SFC, whereby OMFH agreed to make advances to SFC from time to time, with an aggregate amount outstanding not to exceed $500 million . Under the note, SFC is required to use the proceeds of any advance for general corporate purposes. The note is payable in full on December 31, 2024, and OMFH may demand payment with five days prior notice. SFC may repay the note in whole or in part at any time without premium or penalty. The interest rate for the UPB is the lender’s cost of funds rate, which was 6.09% at June 30, 2017 . Interest expense on the note payable to OMFH was $2 million and $6 million for the three and six months ended June 30, 2016 , respectively, which we report in interest expense. At June 30, 2017, the maximum amount that may be advanced totaled $750 million . No amounts were drawn under the note at June 30, 2017 and December 31, 2016 . Payables to Parent and Affiliates At June 30, 2017 and December 31, 2016 , payables to parent and affiliates totaled $88 million and $13 million , respectively. At June 30, 2017 and December 31, 2016 , SFC had net payables of $81 million and $12 million , respectively, primarily to OGSC, which related to the intercompany agreements further discussed below in this Note. At June 30, 2017 and December 31, 2016 , SFC also had a payable of $4 million and $1 million , respectively, to OCLI, a subsidiary of SFI, for internet lending referral fees charged to the branch network. See “Loan Referral Fees” below. Additionally, at June 30, 2017 , SFC had a payable of $3 million to OMFH for servicing and collection fees of legacy Springleaf loans serviced by legacy OneMain branches. See “Loan Servicing Fees” below for further information. LOAN SALE TRANSACTIONS During the second quarter of 2016, OCLI entered into loan purchase and sale agreements with certain subsidiaries of SFC pursuant to which OCLI sold certain personal loans with an aggregate UPB at the time of sale of $89 million for an aggregate purchase price of $89 million . OCLI continues to service these loans. SFC recorded service fee expenses of less than $1 million and $1 million for the three and six months ended June 30, 2017 , respectively, and $1 million for the three and six months ended June 30, 2016 . LOAN SERVICING FEES In connection with the combining of certain legacy OneMain branches with legacy Springleaf branches and vice versa, during the fourth quarter of 2016, SFC entered into an intercompany service agreement with OMFH relating to the servicing of loans when a legacy OneMain loan is serviced by a legacy Springleaf branch and vice versa. During the three and six months ended June 30, 2017 , SFC recorded $3 million and $6 million , respectively, of service fee expenses for the legacy Springleaf loans serviced by legacy OneMain branches and $4 million and $7 million , respectively, of service fee income for the legacy OneMain loans serviced by legacy Springleaf branches. At June 30, 2017 , SFC’s receivable from OMFH for the servicing fees and collections received on the legacy OneMain loans serviced by legacy Springleaf branches totaled $3 million , and SFC’s payable to OMFH for the servicing fees and collections received on the legacy Springleaf loans serviced by legacy OneMain branches totaled $3 million . LOAN REFERRAL FEES OCLI provides personal loan application processing and credit underwriting services on behalf of SFC for personal loan applications that are submitted online. SFC is charged a fee of $35 for each underwritten approved application processed, as well as any other fees agreed to by the parties. During the three and six months ended June 30, 2017 , SFC recorded $6 million and $11 million , respectively, compared to $ 4 million and $ 7 million for the three and six months ended June 30, 2016 , respectively, of referral fee expense. SFC’s payable to OCLI for internet lending referral fees totaled $4 million at June 30, 2017 and $1 million at December 31, 2016. DEBT PURCHASES In June of 2017, OMAS, a subsidiary of OMFH, purchased $4 million principal amount of SFC’s medium term notes in the open market for an aggregate purchase price of $ 4 million . At the purchase dates, these notes had a carrying value of $ 3 million . In March of 2017, OMAS purchased $1 million principal amount of SFC’s medium term notes in the open market for an aggregate purchase price of $1 million . At the purchase dates, these notes had a carrying value of $1 million . In December of 2016, OMAS purchased $5 million principal amount of SFC’s medium term notes in the open market for an aggregate purchase price of $5 million . At the purchase dates, these notes had a carrying value of $5 million . These purchase transactions did not impact our condensed consolidated financial statements. DIVIDEND OF SFMC TO SFI On April 10, 2017, SFMC, a subsidiary of SFC, was contributed to SFI in the form of a dividend. SFI then contributed SFMC and SGSC to OMH, SFMC merged into SGSC, and SGSC was renamed as OGSC. As a result of the dividend, the Company’s total shareholder equity and total assets were reduced by $38 million and $65 million , respectively, on the contribution date. The contribution was the result of the continuing integration process, and part of a series of corporate consolidation transactions surrounding the OneMain Acquisition. CAPITAL CONTRIBUTION TO SFC During the first quarter of 2016 , SFC received a capital contribution of $10 million from SFI to satisfy an interest payment required by the Junior Subordinated Debenture in respect of SFC’s junior subordinated debt. INTERCOMPANY AGREEMENTS On December 24, 2012, SGSC, a subsidiary of SFI, entered into the following intercompany agreements with SFMC, a subsidiary of SFC (prior to the dividend of SFMC to SFI on April 10, 2017, discussed above), and with certain other subsidiaries of SFI. Services Agreement SGSC provided the following services to SFMC under a services agreement: management and administrative services; financial, accounting, treasury, tax, and audit services; facilities support services; capital funding services; legal services; human resources services (including payroll); centralized collections and lending support services; insurance, risk management, and marketing services; and information technology services. The fees payable by SFMC to SGSC was equal to 100% of the allocated cost of providing the services to SFMC. As a result of the dividend and subsequent merger of SFMC and SGSC noted above, (i) SFMC is no longer a party to the services agreement, (ii) SFC became a party to the services agreement, and (iii) SFC continues to receive services and incur fee expenses from OGSC. In addition to the services noted above, OGSC assumed the services provided by SFMC, which primarily consist of providing operating staff and field management for our branches. During the three and six months ended June 30, 2017, total service fee expenses recorded by either SFC directly or SFMC totaled $79 million and $138 million , respectively, which are included in other operating expenses. During the three and six months ended June 30, 2016 , SFMC recorded $58 million and $125 million , respectively, of service fee expenses. License Agreement As a result of the merger of SFMC and SGSC noted above, the license agreement, whereby SFMC leased its information technology systems and software and other related equipment to SGSC, was terminated. The monthly license fee payable by SGSC for its use of the information technology systems and software was 100% of the actual costs incurred by SFMC plus a 7.00% margin. The fee payable by SGSC for its use of the related equipment was 100% of the actual costs incurred by SFMC. SFC did no t record any license fees during in the three months ended June 30, 2017, and total license fees for the six months ended June 30, 2017 remained at $1 million , which are included as a contra expense to other operating expenses. During the three and six months ended June 30, 2016 , SFMC recorded $2 million and $3 million , respectively, of license fees. Building Lease Agreement In contemplation of the merger of SFMC and SGSC noted above, the building lease agreement whereby SFMC leased six of its buildings to SGSC for an annual rental amount of $4 million , plus additional rental amounts to cover other charges, was terminated effective April 5, 2017. As a result, SFC did no t record any intercompany rental income during the three months ended June 30, 2017, and SFMC’s rent charged to SGSC for the six months ended June 30, 2017 remained at $1 million , which are included as a contra expense to other operating expenses. During the three and six months ended June 30, 2016 , SFMC recorded $1 million and $2 million , respectively, of rent charged to SGSC.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Transactions with Affiliates of Fortress SUBSERVICING AGREEMENT Nationstar subservices the real estate loans of certain of our indirect subsidiaries (collectively, the “Owners”). Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. The Owners paid Nationstar subservicing fees of less than $1 million for the three months ended June 30, 2017 and 2016 and $1 million for the six months ended June 30, 2017 and 2016 . INVESTMENT MANAGEMENT AGREEMENT Logan Circle provides investment management services for our investments. Logan Circle is a wholly owned subsidiary of Fortress. On July 7, 2017, MetLife and Fortress announced a definitive agreement for MetLife to acquire 100% of Fortress’ ownership stake in Logan Circle. Upon consummation of such transaction, Logan Circle will no longer be an affiliate of Fortress. Costs and fees incurred for these investment management services were less than $1 million for the three and six months ended June 30, 2017 and 2016 . 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. NRZ is managed by an affiliate of Fortress. Related Party Transactions AFFILIATE LENDING Notes Receivable from Parent and Affiliates Note Receivable from SFI. SFC’s note receivable from SFI is payable in full on May 31, 2022, and SFC may demand payment at any time prior to May 31, 2022; however, SFC does not anticipate the need for additional liquidity during 2017 and does not expect to demand payment from SFI in 2017. The note receivable from SFI totaled $380 million at June 30, 2017 and $285 million at December 31, 2016 . The interest rate for the UPB is the lender’s cost of funds rate, which was 6.09% at June 30, 2017 . Interest revenue on the note receivable from SFI totaled $6 million and $11 million for the three and six months ended June 30, 2017 , respectively, compared to $5 million and $10 million for the three and six months ended June 30, 2016 , respectively, which we report in interest income on notes receivable from parent and affiliates. Independence Demand Note. On November 12, 2015, in connection with the closing of the OneMain Acquisition, CSI, SFC’s wholly owned subsidiary, entered into the Independence Demand Note, whereby CSI agreed to make advances to Independence from time to time, with an aggregate amount outstanding not to exceed $3.55 billion . On November 12, 2015, Independence borrowed $3.4 billion under the Independence Demand Note. Under the Independence Demand Note, Independence was required to use the proceeds of any advance either (i) to fund a portion of the purchase price for the OneMain Acquisition or (ii) for general corporate purposes. The note was payable in full on December 31, 2019, and CSI could demand payment at any time prior to December 31, 2019. Independence could repay the note in whole or in part at any time without premium or penalty. The interest rate for the UPB was the lender’s cost of funds rate. Interest revenue on the note receivable from Independence totaled $46 million and $92 million for the three and six months ended June 30, 2016 , respectively. On July 19, 2016, CSI, Independence, and OMFH entered into the Note Assignment pursuant to which CSI sold and assigned to OMFH, and OMFH purchased and assumed from CSI, an interest in and to CSI’s right to receive $150 million principal amount outstanding under the Independence Demand Note for a purchase price of $150 million . On July 20, 2016, OMFH paid the $150 million purchase price to CSI. In connection with the Note Assignment discussed above, Independence exchanged the Independence Demand Note for (i) the Cash Services Note issued to CSI with a maximum borrowing amount not to exceed $3.4 billion and (ii) the OMFH Note issued to OMFH with a maximum borrowing amount not to exceed $150 million . The Cash Services Note and the OMFH Note provide that no advances shall be made to Independence on or after December 31, 2019 and all principal and interest shall be payable in full on December 31, 2019, unless earlier payment is demanded by CSI or OMFH. The interest rate for the UPB is the lender’s cost of funds rate, which was 6.09% at June 30, 2017 . At June 30, 2017 and December 31, 2016 , the note receivable from Independence relating to the Cash Services Note totaled $2.8 billion and $2.9 billion , respectively, which included compounded interest due to CSI. Interest revenue on the note receivable from Independence relating to the Cash Services Note totaled $43 million and $88 million for the three and six months ended June 30, 2017 , respectively, which we report in interest income on notes receivable from parent and affiliates. OneMain Demand Note. On November 15, 2015, in connection with the closing of the OneMain Acquisition, SFC entered into the OneMain Demand Note with OMFH, whereby SFC agreed to make advances to OMFH from time to time, with an aggregate amount outstanding not to exceed $500 million . Under the OneMain Demand Note, OMFH is required to use the proceeds of any advance either (i) exclusively to finance the purchase, origination, pooling, funding or carrying of receivables by OMFH or any of its restricted subsidiaries or (ii) for general corporate purposes. The note is payable in full on December 31, 2024, and SFC may demand payment with five days prior notice. OMFH may repay the note in whole or in part at any time without premium or penalty. The interest rate for the UPB is the lender’s cost of funds rate. SFC has, from time to time, amended the note to increase the maximum amount that may be advanced to OMFH. At June 30, 2017 , the maximum amount that may be advanced totaled $1.6 billion . At June 30, 2017 and December 31, 2016 , the note receivable from OMFH totaled $1.4 billion and $530 million , respectively, which included compounded interest due to SFC. Interest revenue on the note receivable from OMFH totaled $13 million and $22 million for the three and six months ended June 30, 2017 , respectively, which we report in interest income on notes receivable from parent and affiliates. Receivables from Parent and Affiliates At June 30, 2017 and December 31, 2016 , receivables from parent and affiliates totaled $14 million and $40 million , respectively. Receivables from parent and affiliates also included (i) interest receivable on SFC’s note receivable from SFI previously discussed in this Note, (ii) taxes paid by SFC for all entities and then settled under the tax sharing agreement, (iii) expenses paid by a subsidiary of SFC for the benefit of parent and affiliates, (iv) intercompany insurance premiums collected, and (v) the servicing fees and collections received on the legacy OneMain loans serviced by legacy Springleaf branches. Receivables from parent and affiliates at December 31, 2016 are presented net of a payable to SFI of $6 million . Excluding this payable, receivables from parent and affiliates totaled $46 million at December 31, 2016 . Note Payable to Affiliate On December 1, 2015, in connection with the closing of the OneMain Acquisition, OMFH entered into a revolving demand note with SFC, whereby OMFH agreed to make advances to SFC from time to time, with an aggregate amount outstanding not to exceed $500 million . Under the note, SFC is required to use the proceeds of any advance for general corporate purposes. The note is payable in full on December 31, 2024, and OMFH may demand payment with five days prior notice. SFC may repay the note in whole or in part at any time without premium or penalty. The interest rate for the UPB is the lender’s cost of funds rate, which was 6.09% at June 30, 2017 . Interest expense on the note payable to OMFH was $2 million and $6 million for the three and six months ended June 30, 2016 , respectively, which we report in interest expense. At June 30, 2017, the maximum amount that may be advanced totaled $750 million . No amounts were drawn under the note at June 30, 2017 and December 31, 2016 . Payables to Parent and Affiliates At June 30, 2017 and December 31, 2016 , payables to parent and affiliates totaled $88 million and $13 million , respectively. At June 30, 2017 and December 31, 2016 , SFC had net payables of $81 million and $12 million , respectively, primarily to OGSC, which related to the intercompany agreements further discussed below in this Note. At June 30, 2017 and December 31, 2016 , SFC also had a payable of $4 million and $1 million , respectively, to OCLI, a subsidiary of SFI, for internet lending referral fees charged to the branch network. See “Loan Referral Fees” below. Additionally, at June 30, 2017 , SFC had a payable of $3 million to OMFH for servicing and collection fees of legacy Springleaf loans serviced by legacy OneMain branches. See “Loan Servicing Fees” below for further information. LOAN SALE TRANSACTIONS During the second quarter of 2016, OCLI entered into loan purchase and sale agreements with certain subsidiaries of SFC pursuant to which OCLI sold certain personal loans with an aggregate UPB at the time of sale of $89 million for an aggregate purchase price of $89 million . OCLI continues to service these loans. SFC recorded service fee expenses of less than $1 million and $1 million for the three and six months ended June 30, 2017 , respectively, and $1 million for the three and six months ended June 30, 2016 . LOAN SERVICING FEES In connection with the combining of certain legacy OneMain branches with legacy Springleaf branches and vice versa, during the fourth quarter of 2016, SFC entered into an intercompany service agreement with OMFH relating to the servicing of loans when a legacy OneMain loan is serviced by a legacy Springleaf branch and vice versa. During the three and six months ended June 30, 2017 , SFC recorded $3 million and $6 million , respectively, of service fee expenses for the legacy Springleaf loans serviced by legacy OneMain branches and $4 million and $7 million , respectively, of service fee income for the legacy OneMain loans serviced by legacy Springleaf branches. At June 30, 2017 , SFC’s receivable from OMFH for the servicing fees and collections received on the legacy OneMain loans serviced by legacy Springleaf branches totaled $3 million , and SFC’s payable to OMFH for the servicing fees and collections received on the legacy Springleaf loans serviced by legacy OneMain branches totaled $3 million . LOAN REFERRAL FEES OCLI provides personal loan application processing and credit underwriting services on behalf of SFC for personal loan applications that are submitted online. SFC is charged a fee of $35 for each underwritten approved application processed, as well as any other fees agreed to by the parties. During the three and six months ended June 30, 2017 , SFC recorded $6 million and $11 million , respectively, compared to $ 4 million and $ 7 million for the three and six months ended June 30, 2016 , respectively, of referral fee expense. SFC’s payable to OCLI for internet lending referral fees totaled $4 million at June 30, 2017 and $1 million at December 31, 2016. DEBT PURCHASES In June of 2017, OMAS, a subsidiary of OMFH, purchased $4 million principal amount of SFC’s medium term notes in the open market for an aggregate purchase price of $ 4 million . At the purchase dates, these notes had a carrying value of $ 3 million . In March of 2017, OMAS purchased $1 million principal amount of SFC’s medium term notes in the open market for an aggregate purchase price of $1 million . At the purchase dates, these notes had a carrying value of $1 million . In December of 2016, OMAS purchased $5 million principal amount of SFC’s medium term notes in the open market for an aggregate purchase price of $5 million . At the purchase dates, these notes had a carrying value of $5 million . These purchase transactions did not impact our condensed consolidated financial statements. DIVIDEND OF SFMC TO SFI On April 10, 2017, SFMC, a subsidiary of SFC, was contributed to SFI in the form of a dividend. SFI then contributed SFMC and SGSC to OMH, SFMC merged into SGSC, and SGSC was renamed as OGSC. As a result of the dividend, the Company’s total shareholder equity and total assets were reduced by $38 million and $65 million , respectively, on the contribution date. The contribution was the result of the continuing integration process, and part of a series of corporate consolidation transactions surrounding the OneMain Acquisition. CAPITAL CONTRIBUTION TO SFC During the first quarter of 2016 , SFC received a capital contribution of $10 million from SFI to satisfy an interest payment required by the Junior Subordinated Debenture in respect of SFC’s junior subordinated debt. INTERCOMPANY AGREEMENTS On December 24, 2012, SGSC, a subsidiary of SFI, entered into the following intercompany agreements with SFMC, a subsidiary of SFC (prior to the dividend of SFMC to SFI on April 10, 2017, discussed above), and with certain other subsidiaries of SFI. Services Agreement SGSC provided the following services to SFMC under a services agreement: management and administrative services; financial, accounting, treasury, tax, and audit services; facilities support services; capital funding services; legal services; human resources services (including payroll); centralized collections and lending support services; insurance, risk management, and marketing services; and information technology services. The fees payable by SFMC to SGSC was equal to 100% of the allocated cost of providing the services to SFMC. As a result of the dividend and subsequent merger of SFMC and SGSC noted above, (i) SFMC is no longer a party to the services agreement, (ii) SFC became a party to the services agreement, and (iii) SFC continues to receive services and incur fee expenses from OGSC. In addition to the services noted above, OGSC assumed the services provided by SFMC, which primarily consist of providing operating staff and field management for our branches. During the three and six months ended June 30, 2017, total service fee expenses recorded by either SFC directly or SFMC totaled $79 million and $138 million , respectively, which are included in other operating expenses. During the three and six months ended June 30, 2016 , SFMC recorded $58 million and $125 million , respectively, of service fee expenses. License Agreement As a result of the merger of SFMC and SGSC noted above, the license agreement, whereby SFMC leased its information technology systems and software and other related equipment to SGSC, was terminated. The monthly license fee payable by SGSC for its use of the information technology systems and software was 100% of the actual costs incurred by SFMC plus a 7.00% margin. The fee payable by SGSC for its use of the related equipment was 100% of the actual costs incurred by SFMC. SFC did no t record any license fees during in the three months ended June 30, 2017, and total license fees for the six months ended June 30, 2017 remained at $1 million , which are included as a contra expense to other operating expenses. During the three and six months ended June 30, 2016 , SFMC recorded $2 million and $3 million , respectively, of license fees. Building Lease Agreement In contemplation of the merger of SFMC and SGSC noted above, the building lease agreement whereby SFMC leased six of its buildings to SGSC for an annual rental amount of $4 million , plus additional rental amounts to cover other charges, was terminated effective April 5, 2017. As a result, SFC did no t record any intercompany rental income during the three months ended June 30, 2017, and SFMC’s rent charged to SGSC for the six months ended June 30, 2017 remained at $1 million , which are included as a contra expense to other operating expenses. During the three and six months ended June 30, 2016 , SFMC recorded $1 million and $2 million , respectively, of rent charged to SGSC.

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt Principal maturities of long-term debt (excluding projected repayments on securitizations and revolving conduit facilities by period) by type of debt at June 30, 2017 were as follows: Senior Debt (dollars in millions) Securitizations Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.04% - 6.50% 5.25% - 8.25% 2.91 % Third quarter 2017 $ — $ 252 $ — $ 252 Fourth quarter 2017 — 557 — 557 2018 — — — — 2019 — 700 — 700 2020 — 1,300 — 1,300 2021 — 650 — 650 2022 — 1,000 — 1,000 2023-2067 — 300 350 650 Securitizations (b) 3,178 — — 3,178 Total principal maturities $ 3,178 $ 4,759 $ 350 $ 8,287 Total carrying amount $ 3,163 $ 4,563 $ 172 $ 7,898 Debt issuance costs (c) $ (14 ) $ (23 ) $ — $ (37 ) (a) The interest rates shown are the range of contractual rates in effect at June 30, 2017 . Effective January 16, 2017, the interest rate on the UPB of the Junior Subordinated Debenture became a variable floating rate (determined quarterly) equal to 3-month LIBOR plus 1.75% , or 2.91% as of June 30, 2017 . Prior to January 16, 2017, the interest rate on the UPB of the Junior Subordinated Debenture was a fixed rate of 6.00% . (b) Securitizations are not included in the above maturities by period due to their variable monthly repayments. At June 30, 2017, 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 $9 million at June 30, 2017 and are reported in other assets. SFC’S OFFERINGS OF 6.125% SENIOR NOTES DUE 2022 On May 15, 2017, SFC issued $500 million aggregate principal amount of 6.125% Senior Notes due 2022 (the “2022 SFC Notes”) under an Indenture dated as of December 3, 2014 (the “SFC Base Indenture”), as supplemented by a Third Supplemental Indenture, dated as of May 15, 2017 (the “SFC Third Supplemental Indenture” and, collectively with the SFC Base Indenture, the “Indenture”), pursuant to which OMH provided a guarantee of the 2022 SFC Notes on an unsecured basis. On May 30, 2017, SFC issued and sold $500 million aggregate principal amount of additional 2022 SFC Notes (the “Additional SFC Notes”) in an add-on offering. The initial 2022 SFC Notes and the Additional SFC Notes (collectively, the “ 6.125% SFC Notes”), are treated as a single class of debt securities and have the same terms, other than the issue date and the issue price. SFC used a portion of the net proceeds from the sale of the Additional SFC Notes to repurchase approximately $466 million aggregate principal amount of its existing 6.90% Senior Notes due 2017 at a premium to par. SFC intends to use the remaining net proceeds from the sale of the 6.125% SFC Notes for general corporate purposes, which may include additional debt repurchases and repayments. The 6.125% SFC 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 6.125% SFC Notes to become, or to be declared, due and payable. GUARANTY AGREEMENTS 6.125% SFC Notes On May 15, 2017, OMH entered into the SFC Third 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 the 6.125% SFC Notes. As of June 30, 2017 , $1.0 billion aggregate principal amount of the 6.125% SFC Notes were outstanding. 8.25% SFC Notes On April 11, 2016, OMH entered into the SFC 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 the 8.25% SFC Notes. As of June 30, 2017 , $1.0 billion aggregate principal amount of the 8.25% SFC Notes were outstanding. 5.25% SFC Notes On December 3, 2014, OMH entered into the SFC Base Indenture and the SFC 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 the 5.25% SFC Notes. As of June 30, 2017 , $700 million aggregate principal amount of the 5.25% SFC Notes were outstanding. Other SFC Notes On December 30, 2013, OMH entered into SFC Guaranty Agreements whereby it agreed to fully and unconditionally guarantee the payments of principal, premium (if any) and interest on 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; the Junior Subordinated Debenture; and all senior notes outstanding on December 30, 2013, issued pursuant to the 1999 Indenture, between SFC and Wilmington (the successor trustee to Citibank N.A.). The Junior Subordinated Debenture underlies the trust preferred securities sold by a trust sponsored by SFC. On December 30, 2013, OMH entered into the SFC Trust Guaranty Agreement whereby it agreed to fully and unconditionally guarantee the related payment obligations under the trust preferred securities. As of June 30, 2017 , $2.4 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.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2017
Variable Interest Entities
Variable Interest Entities	Variable Interest Entities CONSOLIDATED VIES 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 asset-backed financing transactions, including securitization and conduit transactions. We have determined that we are the primary beneficiary of these VIEs and, as a result, we include each VIE’s assets, including any finance receivables securing the VIE’s debt obligations, and related liabilities in our consolidated financial statements and each VIE’s asset-backed debt obligations are accounted for as secured borrowings. We are deemed to be the primary beneficiary of each VIE because we have the ability to direct the activities of the VIE that most significantly impact its economic performance, including the losses it absorbs and its right to receive economic benefits that are potentially significant. Such ability arises from SFC’s and its affiliates’ contractual right to service the finance receivables securing the VIEs’ debt obligations. To the extent we retain any subordinated debt obligation or residual interest in an asset-backed financing facility, we are exposed to potentially significant losses and potentially significant returns. The asset-backed debt obligations issued by the VIEs are supported by the expected cash flows from the underlying finance receivables securing such debt obligations. Cash inflows from these finance receivables are distributed to repay the debt obligations and related service providers in accordance with each transaction’s contractual priority of payments, referred to as the “waterfall.” The holders of the asset-backed debt obligations have no recourse to the Company if the cash flows from the underlying finance receivables securing such debt obligations are not sufficient to pay all principal and interest on the asset-backed debt obligations. With respect to any asset-backed financing transaction that has multiple classes of debt obligations, substantially all cash inflows will be directed to the senior debt obligations until fully repaid and, thereafter, to the subordinate debt obligations on a sequential basis. We retain an interest and credit risk in these financing transactions through our ownership of the residual interest in each VIE and, in some cases, the most subordinate class of debt obligations issued by the VIE, which are the first to absorb credit losses on the finance receivables securing the debt obligations. We expect that any credit losses in the pools of finance receivables securing the asset-backed debt obligations will likely be limited to our subordinated and residual retained interests. We have no obligation to repurchase or replace qualified finance receivables that subsequently become delinquent or are otherwise in default. We parenthetically disclose on our consolidated balance sheets the VIE’s assets that can only be used to settle the VIE’s obligations and liabilities if its creditors have no recourse against the primary beneficiary’s general credit. The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts were as follows: (dollars in millions) June 30, December 31, Assets Cash and cash equivalents $ 1 $ 2 Finance receivables: Personal loans 3,459 2,943 Allowance for finance receivable losses 109 94 Restricted cash and restricted cash equivalents 185 211 Other assets 9 9 Liabilities Long-term debt $ 3,163 $ 2,675 Other liabilities 6 7 SECURITIZED BORROWINGS Each of our securitizations contains a revolving period ranging from one to five years during which no principal payments are required to be made on the related asset-backed notes, except for the ODART 2016-1 securitization which has no revolving period. The indentures governing our securitizations borrowings contain early amortization events and events of default, that, if triggered, may result in the acceleration of the obligation to pay principal and interest on the related asset-backed notes. Our securitized borrowings at June 30, 2017 consisted of the following: (dollars in millions) Current Current Weighted Average Interest Rate Original Revolving Period Consumer Securitizations: SLFT 2015-A (a) $ 1,163 3.47 % 3 years SLFT 2015-B (b) 314 3.78 % 5 years SLFT 2016-A (c) 500 3.10 % 2 years SLFT 2017-A (d) 619 2.98 % 3 years Total consumer securitizations 2,596 Auto Securitizations: ODART 2016-1 (e) 314 2.56 % — ODART 2017-1 (f) 268 2.61 % 1 year Total auto securitizations 582 Total secured structured financings $ 3,178 (a) SLFT 2015-A Securitization. On February 26, 2015, we issued $1.2 billion of notes backed by personal loans. The notes mature in November 2024. (b) SLFT 2015-B Securitization. On April 7, 2015, we issued $314 million of notes backed by personal loans. The notes mature in May 2028. (c) SLFT 2016-A Securitization. On December 14, 2016, we issued $532 million of notes backed by personal loans. The notes mature in November 2029. We initially retained $32 million of the asset-backed notes. (d) SLFT 2017-A Securitization. On June 28, 2017, we issued $ 652 million of notes backed by personal loans. The notes mature in July 2030. We initially retained $ 26 million of the Class A notes, $ 2 million of the Class B notes, $ 2 million of the Class C notes and $ 3 million of the Class D notes. (e) ODART 2016-1 Securitization. On July 19, 2016, we issued $754 million of notes backed by direct auto loans. The maturity dates of the notes occur in January 2021 for the Class A notes, May 2021 for the Class B notes, September 2021 for the Class C notes and February 2023 for the Class D notes. We initially retained $54 million of the Class D notes. (f) ODART 2017-1 Securitization. On February 1, 2017, we issued $300 million of notes backed by direct auto loans. The maturity dates of the notes occur in October 2020 for the Class A notes, June 2021 for the Class B notes, August 2021 for the Class C notes, December 2021 for the Class D notes, and January 2025 for the Class E notes. We initially retained $11 million of the Class A notes, $1 million of each of the Class B, Class C, and Class D notes, and the entire $18 million of the Class E notes. Call of 2014-A Notes. On February 15, 2017, we exercised our right to redeem the 2014-A Notes for a redemption price of $188 million , which excluded $33 million for the Class D Notes owned by Twenty First Street, a wholly owned subsidiary of SFC, on February 15, 2017, the date of the optional redemption. The outstanding principal balance of the asset-backed notes was $221 million on the date of the optional redemption. REVOLVING CONDUIT FACILITIES As of June 30, 2017 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Note Maximum Amount Revolving Springleaf 2013-VFN1 Trust $ 850 $ — January 2018 Whitford Brook 2014-VFN1 Trust 250 — June 2018 First Avenue Funding LLC 250 — June 2018 Second Avenue Funding LLC 250 — June 2018 Seine River Funding, LLC 500 — December 2019 Thur River Funding, LLC * 350 — June 2020 Total $ 2,450 $ — * Concurrent with the termination of the note purchase agreement with the Sumner Brook 2013-VFN1 Trust discussed below, on June 29, 2017, we entered into the Thur River Funding LSA with the same third party lenders who were parties to the terminated note purchase agreement. We may borrow up to a maximum principal balance of $350 million under the Thur River Funding LSA, and amounts borrowed will be backed by personal loans acquired from subsidiaries and affiliates of SFC from time to time. Following the revolving period, the principal balance of the outstanding loans, if any, will be reduced as cash payments are received on the underlying personal loans and will be due and payable in full in February 2027. Midbrook 2013-VFN1 Trust. On April 13, 2017, Midbrook 2013-VFN1 Trust voluntarily terminated its note purchase agreement with its lenders. Sumner Brook 2013-VFN1 Trust. On June 29, 2017, Sumner Brook 2013-VFN1 Trust voluntarily terminated its note purchase agreement with its lenders. VIE INTEREST EXPENSE Other than the retained subordinate and residual interests in our consolidated VIEs, we are under no obligation, either contractually or implicitly, to provide financial support to these entities. Consolidated interest expense related to our VIEs for the three and six months ended June 30, 2017 totaled $26 million and $53 million , respectively, compared to $24 million and $72 million for the three and six months ended June 30, 2016 , 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.

Insurance

Insurance	6 Months Ended
	Jun. 30, 2017
Insurance [Abstract]
Insurance	Insurance Changes in the reserve for unpaid claims and loss adjustment expenses (not considering reinsurance recoverable) were as follows: At or for the (dollars in millions) 2017 2016 Balance at beginning of period $ 70 $ 73 Less reinsurance recoverables (22 ) (22 ) Net balance at beginning of period 48 51 Additions for losses and loss adjustment expenses incurred to: Current year 35 35 Prior years * 1 (2 ) Total 36 33 Reductions for losses and loss adjustment expenses paid related to: Current year (18 ) (18 ) Prior years (16 ) (16 ) Total (34 ) (34 ) Net balance at end of period 50 50 Plus reinsurance recoverables 22 22 Balance at end of period $ 72 $ 72 * Reflects (i) a shortfall in the prior years’ net reserves of $1 million at June 30, 2017 primarily due to adverse development on ordinary life and credit disability during the year, and (ii) a redundancy in the prior years’ net reserves of $2 million at June 30, 2016 primarily due to credit disability and credit involuntary unemployment insurance claims developing more favorably than anticipated.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Changes, net of tax, in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains (Losses) Available-for-Sale Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended June 30, 2017 Balance at beginning of period $ (2 ) $ (4 ) $ — $ (6 ) Other comprehensive income before reclassifications 4 3 — 7 Reclassification adjustments from accumulated other comprehensive income (loss) (1 ) — — (1 ) Balance at end of period $ 1 $ (1 ) $ — $ — Three Months Ended June 30, 2016 Balance at beginning of period $ (2 ) $ (19 ) $ 4 $ (17 ) Other comprehensive income before reclassifications 7 — — 7 Reclassification adjustments from accumulated other comprehensive income (loss) (1 ) — — (1 ) Balance at end of period $ 4 $ (19 ) $ 4 $ (11 ) Six Months Ended June 30, 2017 Balance at beginning of period $ (3 ) $ (4 ) $ — $ (7 ) Other comprehensive income before reclassifications 6 3 — 9 Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ 1 $ (1 ) $ — $ — Six Months Ended June 30, 2016 Balance at beginning of period $ (9 ) $ (19 ) $ 4 $ (24 ) Other comprehensive income before reclassifications 15 — — 15 Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ 4 $ (19 ) $ 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 June 30, Six Months Ended June 30, 2017 2016 2017 2016 Unrealized gains on available-for-sale securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 1 $ 2 $ 3 $ 3 Income tax effect — (1 ) (1 ) (1 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ 1 $ 1 $ 2 $ 2

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes At June 30, 2017 , we had a net deferred tax liability of $1 million , compared to $42 million at December 31, 2016 . The decrease in net deferred tax liability of $41 million was primarily due to tax recognition of the 2014 fair value adjustment of our real estate portfolio and purchase accounting for debt writedown. The effective tax rate for the six months ended June 30, 2017 was 36.6% , compared to 34.0% for the same period in 2016 . The effective tax rate for the six months ended June 30, 2017 differed from the federal statutory rate primarily due to the effect of state income taxes. The effective tax rate for the six months ended June 30, 2016 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. Our gross unrecognized tax benefits, including related interest and penalties, totaled $11 million at June 30, 2017 and December 31, 2016 . We accrue interest related to uncertain tax positions in income tax expense. The amount of any change in the balance of uncertain tax liabilities over the next 12 months is not expected to be material to our consolidated financial statements.

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies LEGAL CONTINGENCIES In the normal course of business, we have been named, from time to time, as a defendant 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 At June 30, 2017 , our reserve for sales recourse obligations totaled $11 million , which primarily related to our real estate loan sales in 2014, with a minimal portion of the reserve related to net charge-off sales of our finance receivables. We did not establish any additional reserves for sales recourse obligations associated with the personal loans sold in the Lendmark Sale or our real estate loan sales in 2016 based on the credit quality of the loans sold and the terms of each transaction. During the three and six months ended June 30, 2017 and 2016 , we had no material repurchase activity related to these sales and no material activity related to our sales recourse obligations. At June 30, 2017 , there were no material repurchase 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.

Benefit Plans

Benefit Plans	6 Months Ended
	Jun. 30, 2017
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans During the three and six months ended June 30, 2017 and 2016 , the components of net periodic benefit cost with respect to our defined benefit pension plans were immaterial. We do not currently fund post retirement benefits.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Information	Segment Information Our segments coincide with how our businesses are managed. At June 30, 2017 , our two segments included: • Consumer and Insurance — We originate and service personal loans (secured and unsecured) through our branch network and our centralized operations. We offer credit insurance (life insurance, disability insurance, and involuntary unemployment insurance) and non-credit insurance. We also offer auto membership plans of an unaffiliated company. Our branch network conducts business in 28 states. Our centralized operations underwrite and process certain loan applications that we receive from our branch network or through an internet portal. If the applicant is “in footprint,” located near an existing branch, 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 “out of footprint,” not located near a branch, our centralized operations originate the loan. • Acquisitions and Servicing — SFI services the SpringCastle Portfolio that was acquired by an indirect subsidiary of OMH through the SpringCastle Joint Venture. 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 SFI is terminated, SFI will continue to provide the servicing for these loans pursuant to a servicing agreement, which SFI services as unsecured loans because the liens are subordinated to superior ranking security interests. The remaining components (which we refer to as “Other”) consist of our non-originating legacy operations, which include (i) our liquidating real estate loan portfolio as discussed below, (ii) our liquidating retail sales finance portfolio (including retail sales finance accounts from our legacy auto finance operation), and (iii) our short equity personal loans that we are no longer originating. Beginning in 2017, management no longer views or manages our real estate assets as a separate operating segment. Therefore, we are now including Real Estate, which was previously presented as a distinct reporting segment, in “Other.” To conform to this new alignment of our segments, we have revised our prior period segment disclosures. The accounting policies of the segments are the same as those disclosed in Note 3 to the consolidated financial statements of our 2016 Annual Report on Form 10-K, except as described below. Due to the nature of the Fortress Acquisition, we applied purchase accounting. However, we report the operating results of Consumer and Insurance, Acquisitions and Servicing, and Other using the Segment Accounting Basis, which (i) reflects our allocation methodologies for certain costs, primarily interest expense and loan loss reserves, 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 and long-term debt at acquisition, as well as the amortization/accretion in future periods). We record revenues and expenses (on a Segment Accounting Basis) directly incurred by a specific segment within the applicable segment. We allocate revenues and expenses that are not directly incurred by a specific segment to each segment using the following methodologies: Interest expense Consumer and Insurance and Other - Interest expense for unsecured debt is recorded to each of the segments using a weighted average interest rate applied to allocated average unsecured debt. Average unsecured debt is allocated as follows: l Other - At 100% of asset base. (Asset base represents the average net finance receivables including finance receivables held for sale.) l Consumer and Insurance - Receives remainder of unallocated average debt. Provision for finance receivable losses Allocated to each of the segments based on the remaining delinquent accounts as a percentage of total delinquent accounts. Other revenues Net gain (loss) on repurchases and repayments of debt - Allocated to each of the segments based on the interest expense allocation of debt. Gains and losses on foreign currency exchange - Allocated to each of the segments based on the interest expense allocation of debt. Other expenses Salaries and benefits - Allocated to each of the segments based on services provided. Other operating expenses - Allocated to each of the segments based on services provided. The “Segment to GAAP Adjustment” column in the following tables primarily consists of: • Interest income - reverses the impact of premiums/discounts on purchased finance receivables and the interest income recognition under guidance in ASC 310-20, Nonrefundable Fees and Other Costs , and ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality , 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; • 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; and • Assets - revalues assets based on their fair values at the effective date of the Fortress Acquisition. The following tables present information about the Company’s segments, as well as reconciliations to the condensed consolidated financial statement amounts. (dollars in millions) Consumer and Insurance Acquisitions and Servicing Other (a) Segment to Consolidated Three Months Ended June 30, 2017 Interest income $ 297 $ — $ 6 $ 3 $ 306 Interest expense 108 — 5 16 129 Provision for finance receivable losses 89 — — 2 91 Net interest income after provision for finance receivable losses 100 — 1 (15 ) 86 Other revenues (b) 37 — 63 (13 ) 87 Other expenses 158 — 2 — 160 Income (loss) before income tax expense (benefit) $ (21 ) $ — $ 62 $ (28 ) $ 13 Three Months Ended June 30, 2016 Interest income $ 295 $ — $ 16 $ 2 $ 313 Interest expense 99 — 17 22 138 Provision for finance receivable losses 83 — 2 — 85 Net interest income (loss) after provision for finance receivable losses 113 — (3 ) (20 ) 90 Other revenues (b) 71 — 45 (10 ) 106 Other expenses 167 1 10 (1 ) 177 Income (loss) before income tax expense (benefit) $ 17 $ (1 ) $ 32 $ (29 ) $ 19 At or for the Six Months Ended June 30, 2017 Interest income $ 587 $ — $ 12 $ 4 $ 603 Interest expense 212 — 11 33 256 Provision for finance receivable losses 159 — 1 2 162 Net interest income after provision for finance receivable losses 216 — — (31 ) 185 Other revenues (b) 86 — 122 (15 ) 193 Other expenses 316 — 6 — 322 Income (loss) before income tax expense (benefit) $ (14 ) $ — $ 116 $ (46 ) $ 56 Assets (c) $ 5,996 $ — $ 4,950 $ (59 ) $ 10,887 At or for the Six Months Ended June 30, 2016 Interest income $ 606 $ 102 $ 32 $ 4 $ 744 Interest expense 194 20 34 46 294 Provision for finance receivable losses 156 14 4 2 176 Net interest income (loss) after provision for finance receivable losses 256 68 (6 ) (44 ) 274 Net gain on sale of SpringCastle interests — 167 — — 167 Other revenues (b) 116 — 84 (5 ) 195 Other expenses 341 15 13 (1 ) 368 Income before income taxes 31 220 65 (48 ) 268 Income before income taxes attributable to non-controlling interests — 28 — — 28 Income before income taxes attributable to Springleaf Finance Corporation $ 31 $ 192 $ 65 $ (48 ) $ 240 Assets (c) $ 5,285 $ — $ 4,592 $ 3 $ 9,880 (a) Real Estate segment has been combined with “Other” for the prior period. (b) Other revenues reported in “Other” primarily includes interest income on the Cash Services Note (previously referred to as the “Independence Demand Note”) and on SFC’s note receivable from SFI. See Note 8 for further information on the notes receivable from parent and affiliates. (c) Assets reported in “Other” primarily includes notes receivable from parent and affiliates discussed above. See Note 8 for further information on the notes receivable from parent and affiliates.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value of a financial instrument is the amount that would be expected to be received if an asset were to be sold or the amount that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The degree of judgment used in measuring the fair value of financial instruments generally correlates with the level of pricing observability. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments traded in other-than-active markets or that do not have quoted prices have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. An other-than-active market is one in which there are few transactions, the prices are not current, price quotations vary substantially either over time or among market makers, or little information is released publicly for the asset or liability being valued. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is listed on an exchange or traded over-the-counter or is new to the market and not yet established, the characteristics specific to the transaction, and general market conditions. The following table summarizes the fair values and carrying values of our financial instruments and indicates the fair value hierarchy based on the level of inputs we utilized to determine such fair values: Fair Value Measurements Using Total Total (dollars in millions) Level 1 Level 2 Level 3 June 30, 2017 Assets Cash and cash equivalents $ 361 $ 52 $ — $ 413 $ 413 Investment securities — 636 2 638 638 Net finance receivables, less allowance for finance receivable losses — — 5,294 5,294 4,887 Finance receivables held for sale — — 147 147 141 Notes receivable from parent and affiliates — 4,594 — 4,594 4,594 Restricted cash and restricted cash equivalents 192 — — 192 192 Other assets (a) — 16 24 40 40 Liabilities Long-term debt $ — $ 8,508 $ — $ 8,508 $ 7,898 Other liabilities (b) — 88 — 88 88 December 31, 2016 Assets Cash and cash equivalents $ 198 $ 42 $ — $ 240 $ 240 Investment securities — 580 2 582 582 Net finance receivables, less allowance for finance receivable losses — — 5,122 5,122 4,755 Finance receivables held for sale — — 159 159 153 Notes receivable from parent and affiliates — 3,723 — 3,723 3,723 Restricted cash and restricted cash equivalents 227 — — 227 227 Other assets (a) — 41 34 75 77 Liabilities Long-term debt $ — $ 7,308 $ — $ 7,308 $ 6,837 Other liabilities (b) — 13 — 13 13 (a) Includes commercial mortgage loans, escrow advance receivable, receivables from parent and affiliates, and receivables related to sales of real estate loans and related trust assets. (b) Consists of payables to parent and affiliates. 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 (a) June 30, 2017 Assets Cash equivalents in mutual funds $ 283 $ — $ — $ 283 Cash equivalents in securities — 52 — 52 Investment securities: Available-for-sale securities Bonds: U.S. government and government sponsored entities — 19 — 19 Obligations of states, municipalities, and political subdivisions — 76 — 76 Non-U.S. government and government sponsored entities — 4 — 4 Corporate debt — 408 — 408 RMBS — 38 — 38 CMBS — 32 — 32 CDO/ABS — 52 — 52 Total bonds — 629 — 629 Preferred stock — 5 — 5 Other long-term investments — — 1 1 Total available-for-sale securities (b) — 634 1 635 Other securities Bonds: Corporate debt — 2 — 2 Total other securities — 2 — 2 Total investment securities — 636 1 637 Restricted cash in mutual funds 186 — — 186 Total $ 469 $ 688 $ 1 $ 1,158 (a) Due to the insignificant activity within the Level 3 assets during the three and six months ended June 30, 2017 , we have omitted the additional disclosures relating to the changes in Level 3 assets measured at fair value on a recurring basis and the quantitative information about Level 3 unobservable inputs. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and FHLB common stock of $1 million at June 30, 2017 , which is carried at cost. Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 (a) December 31, 2016 Assets Cash equivalents in mutual funds $ 119 $ — $ — $ 119 Cash equivalents in securities — 42 — 42 Investment securities: Available-for-sale securities Bonds: U.S. government and government sponsored entities — 13 — 13 Obligations of states, municipalities, and political subdivisions — 82 — 82 Non-U.S. government and government sponsored entities — 5 — 5 Corporate debt — 353 — 353 RMBS — 39 — 39 CMBS — 33 — 33 CDO/ABS — 46 — 46 Total bonds — 571 — 571 Preferred stock — 6 — 6 Other long-term investments — — 1 1 Total available-for-sale securities (b) — 577 1 578 Other securities Bonds: Corporate debt — 2 — 2 CMBS — 1 — 1 Total other securities — 3 — 3 Total investment securities — 580 1 581 Restricted cash in mutual funds 212 — — 212 Total $ 331 $ 622 $ 1 $ 954 (a) Due to the insignificant activity within the Level 3 assets during 2016 , we have omitted the additional disclosures relating to the changes in Level 3 assets measured at fair value on a recurring basis and the quantitative information about Level 3 unobservable inputs. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and FHLB common stock of $1 million at December 31, 2016 , which is carried at cost. We had no transfers between Level 1 and Level 2 during the three and six months ended June 30, 2017 . 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. Net impairment charges recorded on assets measured at fair value on a non-recurring basis were immaterial for the three and six months ended June 30, 2017 and 2016. FAIR VALUE MEASUREMENTS — VALUATION METHODOLOGIES AND ASSUMPTIONS See Note 23 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2016 Annual Report on Form 10-K for information regarding our methods and assumptions used to estimate fair value.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events REVOLVING CONDUIT FACILITIES On July 14, 2017, Whitford Brook 2014-VFN1 Trust voluntarily terminated its note purchase agreement with its lender.

Business and Basis of Present26

Business and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION We prepared our condensed consolidated financial statements using 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 SFC, its subsidiaries (all of which are wholly owned, except for certain subsidiaries associated with the SpringCastle Joint Venture, in which we owned a 47% equity interest prior to March 31, 2016), and 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 2017 presentation, we have reclassified certain items in prior periods of our condensed consolidated statements of cash flows. Also, to conform to the new alignment of our segments, as further discussed in Note 16 , we have revised our prior period segment disclosures. The condensed consolidated financial statements in this report should be read in conjunction with the consolidated financial statements and related notes included in our 2016 Annual Report on Form 10-K. We follow the same significant accounting policies for our interim reporting, except for the new accounting pronouncements subsequently adopted and disclosed below.
Accounting Pronouncements Recently Adopted And To Be Adopted	ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED 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 of accounting 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 of accounting 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 of accounting. The amendment in this ASU became effective prospectively for the Company for annual periods beginning January 1, 2017. We have adopted this ASU as of January 1, 2017 and concluded that it does not have an impact on our consolidated financial statements. Statement of Cash Flows In November of 2016, the FASB issued ASU 2016-18, Statement of Cash Flows , which simplifies the presentation of restricted cash on the statement of cash flows by requiring entities to include restricted cash and restricted cash equivalents in the reconciliation of cash and cash equivalents. The amendments in this ASU become effective for the Company for fiscal years beginning January 1, 2018. We elected to early adopt this ASU as of January 1, 2017 and presented this change on a retrospective basis for all periods presented. We have concluded that this ASU does not have a material impact on our consolidated financial statements. Technical Corrections and Improvements In January of 2017, the FASB issued ASU 2017-03, Accounting Changes and Error Corrections , to enhance the footnote disclosure guidelines for ASUs 2014-09, 2016-02, and 2016-13. The amendments to this transition guidance became effective for the Company for fiscal years beginning January 1, 2017. We have adopted this ASU as of January 1, 2017 on a prospective basis. We have concluded that this ASU does not have a material impact on our consolidated financial statements. Business Combinations In January of 2017, the FASB issued ASU 2017-01, Business Combinations , to clarify the definition of a business, which establishes a process to determine when an integrated set of assets and activities can be deemed a business combination. The amendments in this ASU become effective for the Company for annual periods beginning January 1, 2018. We elected to early adopt this ASU as of April 1, 2017 on a prospective basis. We have concluded that the adoption of this ASU will 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 results in the ASU becoming effective for the Company for annual periods beginning January 1, 2018. 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. 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. In December of 2016, the FASB issued ASU 2016-20, Technical Corrections and Improvements to Topic 606 , which improves the guidance specific to the amendments in ASU 2014-09. The Company will adopt this ASU effective January 1, 2018. The Company’s ongoing implementation efforts include the identification of other revenue streams that are within the scope of the new guidance and the review of related contracts with customers to determine the effect on certain non-interest income items presented in our consolidated statements of operations and on the presentation of disclosures. As substantially all of the Company's revenues have historically been generated from activities that are outside the scope of the ASU, we do not believe that the adoption of this ASU will have a material impact 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 the Company for annual periods beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. In March of 2017, the FASB issued ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs , which amends the amortization period for certain purchased callable debt securities held at a premium. This ASU shortens the amortization period for the premium from the adjustment of yield over the contractual life of the instrument to the earliest call date. The amendments in this ASU become effective for the Company for fiscal years beginning January 1, 2019. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. Leases In February of 2016, the FASB issued ASU 2016-02, Leases . The ASU requires lessees to recognize a right-of-use asset and a liability for the obligation to make payments 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 the Company for annual periods beginning January 1, 2019. We believe that the adoption of this ASU will have a material impact on our consolidated financial statements, and we are in the process of quantifying the expected impact. Revenue Recognition and Derivatives and Hedging In May of 2016, the FASB issued ASU 2016-11, Revenue Recognition and Derivatives and Hedging , to rescind certain SEC guidance in Topic 605 and Topic 815 as ASU 2014-09 becomes effective for the Company. Our adoption of ASU 2014-09 will bring us into alignment with this ASU. We believe that the adoption of this ASU will not have a material impact on our consolidated financial statements. Allowance for Finance Receivables Losses In June of 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses: 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. The adoption of this ASU will have a material impact on our consolidated financial statements, and we are in the process of quantifying the expected impacts. Statement of Cash Flows In August of 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments , 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 the Company for fiscal years beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. Income Taxes In October of 2016, the FASB issued ASU 2016-16, Income Taxes: Intra-Entity Transfers of Assets Other Than Inventory , which requires entities to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments in this ASU will become effective for the Company for annual reporting periods beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. Compensation and Benefits In March of 2017, the FASB issued ASU 2017-07, Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost , to improve the presentation of the net periodic pension cost and net periodic postretirement benefit costs. It requires that a company present separately the service cost component on the income statement. The amendments in this ASU become effective for the Company for annual periods beginning January 1, 2018. We are evaluating whether the adoption of this ASU will have a material impact on our consolidated financial statements. In May of 2017, the FASB issued ASU 2017-09, Compensation-Stock Compensation: Scope of Modification Accounting , which attempts to simplify the guidance about changes to the terms or conditions of a share-based payment award that requires an entity to apply modification accounting. The amendments in this ASU become effective for the Company for annual periods beginning January 1, 2018. We do not believe the adoption of this ASU will have a material impact on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during the six months ended June 30, 2017 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Finance Receivables (Tables)

Finance Receivables (Tables)	6 Months Ended
	Jun. 30, 2017
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 Real Estate Loans Retail Total June 30, 2017 Gross receivables * $ 5,527 $ 132 $ 9 $ 5,668 Unearned finance charges and points and fees (671 ) 1 (1 ) (671 ) Accrued finance charges 65 1 — 66 Deferred origination costs 45 — — 45 Total $ 4,966 $ 134 $ 8 $ 5,108 December 31, 2016 Gross receivables * $ 5,449 $ 142 $ 12 $ 5,603 Unearned finance charges and points and fees (754 ) 1 (1 ) (754 ) Accrued finance charges 63 1 — 64 Deferred origination costs 46 — — 46 Total $ 4,804 $ 144 $ 11 $ 4,959 * 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 Fortress Acquisition — 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.
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 Real Estate Loans Retail Total June 30, 2017 Net finance receivables: Performing Current $ 4,770 $ 99 $ 8 $ 4,877 30-59 days past due 65 9 — 74 60-89 days past due 41 4 — 45 Total performing 4,876 112 8 4,996 Nonperforming 90-179 days past due 87 5 — 92 180 days or more past due 3 17 — 20 Total nonperforming 90 22 — 112 Total $ 4,966 $ 134 $ 8 $ 5,108 December 31, 2016 Net finance receivables: Performing Current $ 4,579 $ 102 $ 11 $ 4,692 30-59 days past due 64 9 — 73 60-89 days past due 45 4 — 49 Total performing 4,688 115 11 4,814 Nonperforming 90-179 days past due 112 8 — 120 180 days or more past due 4 21 — 25 Total nonperforming 116 29 — 145 Total $ 4,804 $ 144 $ 11 $ 4,959
Schedule of information regarding purchased credit impaired finance receivables	Information regarding our purchased credit impaired FA Loans held for investment and held for sale were as follows: (dollars in millions) June 30, December 31, FA Loans (a) Carrying amount, net of allowance $ 62 $ 70 Outstanding balance (b) 100 107 Allowance for purchased credit impaired finance receivable losses 8 8 (a) Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, Carrying amount $ 48 $ 54 Outstanding balance 77 83 (b) Outstanding balance is defined as UPB of the loans with a net carrying amount.
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) June 30, December 31, Carrying amount $ 48 $ 54 Outstanding balance 77 83
Schedule of changes in accretable yield for purchased credit impaired finance receivables	Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) SCP Loans FA Loans Total Three Months Ended June 30, 2017 Balance at beginning of period $ — $ 59 $ 59 Accretion (a) — (2 ) (2 ) Reclassifications to nonaccretable difference (b) — (2 ) (2 ) Balance at end of period $ — $ 55 $ 55 Three Months Ended June 30, 2016 Balance at beginning of period $ — $ 74 $ 74 Accretion (a) — (2 ) (2 ) Reclassifications to nonaccretable difference (b) — (11 ) (11 ) Balance at end of period $ — $ 61 $ 61 Six Months Ended June 30, 2017 Balance at beginning of period $ — $ 60 $ 60 Accretion (a) — (3 ) (3 ) Reclassifications to nonaccretable difference (b) — (2 ) (2 ) Balance at end of period $ — $ 55 $ 55 Six Months Ended June 30, 2016 Balance at beginning of period $ 375 $ 66 $ 441 Accretion (a) (16 ) (4 ) (20 ) Reclassifications to nonaccretable difference (b) — (1 ) (1 ) Transfer due to finance receivables sold (359 ) — (359 ) Balance at end of period $ — $ 61 $ 61 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were immaterial. (b) Reclassifications to nonaccretable difference represents the decreases in accretable yield resulting from lower estimated undiscounted cash flows.
Schedule of information regarding troubled debt restructured ("TDR") finance receivables	Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Real Estate Total June 30, 2017 TDR gross finance receivables $ 91 $ 142 $ 233 TDR net finance receivables 89 143 232 Allowance for TDR finance receivable losses 42 11 53 December 31, 2016 TDR gross finance receivables $ 47 $ 133 $ 180 TDR net finance receivables 47 134 181 Allowance for TDR finance receivable losses 20 11 31 * TDR real estate loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, 2016 TDR gross finance receivables $ 91 $ 89 TDR net finance receivables 92 90
TDR finance receivables held for sale	TDR real estate loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, 2016 TDR gross finance receivables $ 91 $ 89 TDR net finance receivables 92 90
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	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 * Real Estate Loans * Total Three Months Ended June 30, 2017 TDR average net receivables $ 66 $ 140 $ 206 TDR finance charges recognized 2 2 4 Three Months Ended June 30, 2016 TDR average net receivables $ 34 $ 202 $ 236 TDR finance charges recognized 1 3 4 Six Months Ended June 30, 2017 TDR average net receivables $ 57 $ 138 $ 195 TDR finance charges recognized 3 4 7 Six Months Ended June 30, 2016 TDR average net receivables $ 33 $ 202 $ 235 TDR finance charges recognized 2 6 8 * TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Real Estate Loans Total Three Months Ended June 30, 2017 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 2 2 Three Months Ended June 30, 2016 TDR average net receivables $ 1 $ 112 $ 113 TDR finance charges recognized — 2 2 Six Months Ended June 30, 2017 TDR average net receivables $ — $ 90 $ 90 TDR finance charges recognized — 3 3 Six Months Ended June 30, 2016 TDR average net receivables $ 2 $ 102 $ 104 TDR finance charges recognized — 3 3
TDR average net receivables held for sale and finance charges recognized on TDR finance receivables held for sale	TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Personal Real Estate Loans Total Three Months Ended June 30, 2017 TDR average net receivables $ — $ 91 $ 91 TDR finance charges recognized — 2 2 Three Months Ended June 30, 2016 TDR average net receivables $ 1 $ 112 $ 113 TDR finance charges recognized — 2 2 Six Months Ended June 30, 2017 TDR average net receivables $ — $ 90 $ 90 TDR finance charges recognized — 3 3 Six Months Ended June 30, 2016 TDR average net receivables $ 2 $ 102 $ 104 TDR finance charges recognized — 3 3
Schedule of new volume of the TDR finance receivables held for investment and held for sale	Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Real Estate Total Three Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 48 $ — $ 10 $ 58 Post-modification TDR net finance receivables: Rate reduction $ 37 $ — $ 10 $ 47 Other (b) 10 — — 10 Total post-modification TDR net finance receivables $ 47 $ — $ 10 $ 57 Number of TDR accounts 9,457 — 350 9,807 Three Months Ended June 30, 2016 Pre-modification TDR net finance receivables $ 9 $ — $ 6 $ 15 Post-modification TDR net finance receivables: Rate reduction $ 6 $ — $ 5 $ 11 Other (b) 2 — 1 3 Total post-modification TDR net finance receivables $ 8 $ — $ 6 $ 14 Number of TDR accounts 1,767 — 116 1,883 Six Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 63 $ — $ 13 $ 76 Post-modification TDR net finance receivables: Rate reduction $ 47 $ — $ 13 $ 60 Other (b) 14 — — 14 Total post-modification TDR net finance receivables $ 61 $ — $ 13 $ 74 Number of TDR accounts 12,197 — 414 12,611 Six Months Ended June 30, 2016 Pre-modification TDR net finance receivables $ 18 $ 1 $ 10 $ 29 Post-modification TDR net finance receivables: Rate reduction $ 11 $ 1 $ 8 $ 20 Other (b) 5 — 2 7 Total post-modification TDR net finance receivables $ 16 $ 1 $ 10 $ 27 Number of TDR accounts 3,549 157 205 3,911 (a) TDR finance receivables held for sale included in the table above were immaterial. (b) “Other” modifications primarily include forgiveness of principal or interest.
Net finance receivables that were modified as TDR finance receivables defaulted within the previous 12 months nonperforming	Personal loans held for investment and held for sale that were modified as TDR personal loans within the previous 12 months and for which there was a default during the period to cause the TDR personal loans to be considered nonperforming (90 days or more past due) were as follows: (dollars in millions) Personal Loans Three Months Ended June 30, 2017 TDR net finance receivables * $ 11 Number of TDR accounts 2,445 Three Months Ended June 30, 2016 TDR net finance receivables * $ 2 Number of TDR accounts 320 Six Months Ended June 30, 2017 TDR net finance receivables * $ 14 Number of TDR accounts 3,030 Six Months Ended June 30, 2016 TDR net finance receivables * $ 3 Number of TDR accounts 675 * Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted.

Allowance for Finance Receiva28

Allowance for Finance Receivable Losses (Tables)	6 Months Ended
	Jun. 30, 2017
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 June 30, 2017 Balance at beginning of period $ 176 $ — $ 19 $ 1 $ 196 Provision for finance receivable losses 90 — 1 — 91 Charge-offs (80 ) — (2 ) — (82 ) Recoveries 15 — 1 — 16 Balance at end of period $ 201 $ — $ 19 $ 1 $ 221 Three Months Ended June 30, 2016 Balance at beginning of period $ 168 $ — $ 49 $ — $ 217 Provision for finance receivable losses 83 — 2 — 85 Charge-offs (85 ) — (4 ) — (89 ) Recoveries 10 — 2 1 13 Other * — — (29 ) — (29 ) Balance at end of period $ 176 $ — $ 20 $ 1 $ 197 Six Months Ended June 30, 2017 Balance at beginning of period $ 184 $ — $ 19 $ 1 $ 204 Provision for finance receivable losses 160 — 2 — 162 Charge-offs (179 ) — (3 ) — (182 ) Recoveries 36 — 1 — 37 Balance at end of period $ 201 $ — $ 19 $ 1 $ 221 Six Months Ended June 30, 2016 Balance at beginning of period $ 173 $ 4 $ 46 $ 1 $ 224 Provision for finance receivable losses 156 14 6 — 176 Charge-offs (174 ) (17 ) (6 ) (1 ) (198 ) Recoveries 21 3 3 1 28 Other * — (4 ) (29 ) — (33 ) Balance at end of period $ 176 $ — $ 20 $ 1 $ 197 * Other consists of: • the elimination of allowance for finance receivable losses due to the transfer of real estate loans held for investment to finance receivables held for sale on June 30, 2016; and • the elimination of allowance for finance receivable losses due to the sale of the SpringCastle Portfolio on March 31, 2016, in connection with the SpringCastle Interests Sale.
Schedule of allowance for finance receivable losses and net finance receivables by type and by impairment method	The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal Real Estate Loans Retail Total June 30, 2017 Allowance for finance receivable losses: Collectively evaluated for impairment $ 159 $ — $ 1 $ 160 Purchased credit impaired finance receivables — 8 — 8 TDR finance receivables 42 11 — 53 Total $ 201 $ 19 $ 1 $ 221 Finance receivables: Collectively evaluated for impairment $ 4,877 $ 61 $ 8 $ 4,946 Purchased credit impaired finance receivables — 22 — 22 TDR finance receivables 89 51 — 140 Total $ 4,966 $ 134 $ 8 $ 5,108 Allowance for finance receivable losses as a percentage of finance receivables 4.04 % 14.35 % 10.23 % 4.32 % December 31, 2016 Allowance for finance receivable losses: Collectively evaluated for impairment $ 164 $ — $ 1 $ 165 Purchased credit impaired finance receivables — 8 — 8 TDR finance receivables 20 11 — 31 Total $ 184 $ 19 $ 1 $ 204 Finance receivables: Collectively evaluated for impairment $ 4,757 $ 76 $ 11 $ 4,844 Purchased credit impaired finance receivables — 24 — 24 TDR finance receivables 47 44 — 91 Total $ 4,804 $ 144 $ 11 $ 4,959 Allowance for finance receivable losses as a percentage of finance receivables 3.84 % 13.31 % 4.42 % 4.12 %

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of the cost/amortized cost, unrealized gains and losses, and fair value of available-for-sale securities by type	Cost/amortized cost, unrealized gains and losses, and fair value of available-for-sale securities by type were as follows: (dollars in millions) Cost/ Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017 Fixed maturity available-for-sale securities: Bonds U.S. government and government sponsored entities $ 19 $ — $ — $ 19 Obligations of states, municipalities, and political subdivisions 76 1 (1 ) 76 Non-U.S. government and government sponsored entities 4 — — 4 Corporate debt 404 6 (2 ) 408 Mortgage-backed, asset-backed, and collateralized: RMBS 38 — — 38 CMBS 32 — — 32 CDO/ABS 52 — — 52 Total bonds 625 7 (3 ) 629 Preferred stock (a) 6 — (1 ) 5 Other long-term investments 1 — — 1 Total (b) $ 632 $ 7 $ (4 ) $ 635 December 31, 2016 Fixed maturity available-for-sale securities: Bonds U.S. government and government sponsored entities $ 13 $ — $ — $ 13 Obligations of states, municipalities, and political subdivisions 83 — (1 ) 82 Non-U.S. government and government sponsored entities 5 — — 5 Corporate debt 356 2 (5 ) 353 Mortgage-backed, asset-backed, and collateralized: RMBS 39 — — 39 CMBS 33 — — 33 CDO/ABS 46 — — 46 Total bonds 575 2 (6 ) 571 Preferred stock (a) 6 — — 6 Other long-term investments 1 — — 1 Total (b) $ 582 $ 2 $ (6 ) $ 578 (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 FHLB common stock of $1 million at June 30, 2017 and December 31, 2016 , which is classified as a restricted investment and carried at cost.
Schedule of fair value and unrealized losses on investment securities by type and length of time in a continuous unrealized loss position	Fair value and unrealized losses on available-for-sale securities by type and length of time in a continuous unrealized loss position were as follows: Less Than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Unrealized Losses * Fair Value Unrealized Losses * Fair Value Unrealized Losses June 30, 2017 Bonds: U.S. government and government sponsored entities $ 14 $ — $ 1 $ — $ 15 $ — Obligations of states, municipalities, and political subdivisions 39 (1 ) 2 — 41 (1 ) Non-U.S. government and government sponsored entities 2 — — — 2 — Corporate debt 140 (2 ) 7 — 147 (2 ) RMBS 22 — 11 — 33 — CMBS 18 — — — 18 — CDO/ABS 31 — 1 — 32 — Total bonds 266 (3 ) 22 — 288 (3 ) Preferred stock — — 6 (1 ) 6 (1 ) Other long-term investments — — 1 — 1 — Total $ 266 $ (3 ) $ 29 $ (1 ) $ 295 $ (4 ) December 31, 2016 Bonds: U.S. government and government sponsored entities $ 9 $ — $ — $ — $ 9 $ — Obligations of states, municipalities, and political subdivisions 57 (1 ) 2 — 59 (1 ) Non-U.S. government and government sponsored entities 3 — — — 3 — Corporate debt 171 (5 ) 5 — 176 (5 ) RMBS 33 — — — 33 — CMBS 22 — — — 22 — CDO/ABS 25 — — — 25 — Total bonds 320 (6 ) 7 — 327 (6 ) Preferred stock — — 6 — 6 — Total $ 320 $ (6 ) $ 13 $ — $ 333 $ (6 ) * Unrealized losses on certain available-for-sale securities were less than $1 million and, therefore, are not quantified in the table above.
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 net realized gains were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Proceeds from sales and redemptions $ 68 $ 123 $ 119 $ 193 Realized gains $ 2 $ 3 $ 4 $ 4 Realized losses * (1 ) — (1 ) — Net realized gains $ 1 $ 3 $ 3 $ 4 * Realized losses on available-for-sale securities sold or redeemed during the three and six months ended June 30, 2016 were less than $1 million and, therefore, are not quantified in the table above.
Schedule of contractual maturities of fixed-maturity available-for-sale securities	Contractual maturities of fixed-maturity available-for-sale securities at June 30, 2017 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 $ 67 $ 67 Due after 1 year through 5 years 250 250 Due after 5 years through 10 years 43 42 Due after 10 years 147 144 Mortgage-backed, asset-backed, and collateralized securities 122 122 Total $ 629 $ 625
Schedule of fair value of trading securities by type	The fair value of other securities by type was as follows: (dollars in millions) June 30, December 31, Fixed maturity other securities: Bonds Corporate debt $ 2 $ 2 Mortgage-backed, asset-backed, and collateralized: CMBS — 1 Total $ 2 $ 3

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of principal maturities of long-term debt by type of debt	Principal maturities of long-term debt (excluding projected repayments on securitizations and revolving conduit facilities by period) by type of debt at June 30, 2017 were as follows: Senior Debt (dollars in millions) Securitizations Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.04% - 6.50% 5.25% - 8.25% 2.91 % Third quarter 2017 $ — $ 252 $ — $ 252 Fourth quarter 2017 — 557 — 557 2018 — — — — 2019 — 700 — 700 2020 — 1,300 — 1,300 2021 — 650 — 650 2022 — 1,000 — 1,000 2023-2067 — 300 350 650 Securitizations (b) 3,178 — — 3,178 Total principal maturities $ 3,178 $ 4,759 $ 350 $ 8,287 Total carrying amount $ 3,163 $ 4,563 $ 172 $ 7,898 Debt issuance costs (c) $ (14 ) $ (23 ) $ — $ (37 ) (a) The interest rates shown are the range of contractual rates in effect at June 30, 2017 . Effective January 16, 2017, the interest rate on the UPB of the Junior Subordinated Debenture became a variable floating rate (determined quarterly) equal to 3-month LIBOR plus 1.75% , or 2.91% as of June 30, 2017 . Prior to January 16, 2017, the interest rate on the UPB of the Junior Subordinated Debenture was a fixed rate of 6.00% . (b) Securitizations are not included in the above maturities by period due to their variable monthly repayments. At June 30, 2017, 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 $9 million at June 30, 2017 and are reported in other assets.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2017
Variable Interest Entities
Schedule of carrying amounts of consolidated VIE assets and liabilities associated with securitization trusts	The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts were as follows: (dollars in millions) June 30, December 31, Assets Cash and cash equivalents $ 1 $ 2 Finance receivables: Personal loans 3,459 2,943 Allowance for finance receivable losses 109 94 Restricted cash and restricted cash equivalents 185 211 Other assets 9 9 Liabilities Long-term debt $ 3,163 $ 2,675 Other liabilities 6 7 Our securitized borrowings at June 30, 2017 consisted of the following: (dollars in millions) Current Current Weighted Average Interest Rate Original Revolving Period Consumer Securitizations: SLFT 2015-A (a) $ 1,163 3.47 % 3 years SLFT 2015-B (b) 314 3.78 % 5 years SLFT 2016-A (c) 500 3.10 % 2 years SLFT 2017-A (d) 619 2.98 % 3 years Total consumer securitizations 2,596 Auto Securitizations: ODART 2016-1 (e) 314 2.56 % — ODART 2017-1 (f) 268 2.61 % 1 year Total auto securitizations 582 Total secured structured financings $ 3,178 (a) SLFT 2015-A Securitization. On February 26, 2015, we issued $1.2 billion of notes backed by personal loans. The notes mature in November 2024. (b) SLFT 2015-B Securitization. On April 7, 2015, we issued $314 million of notes backed by personal loans. The notes mature in May 2028. (c) SLFT 2016-A Securitization. On December 14, 2016, we issued $532 million of notes backed by personal loans. The notes mature in November 2029. We initially retained $32 million of the asset-backed notes. (d) SLFT 2017-A Securitization. On June 28, 2017, we issued $ 652 million of notes backed by personal loans. The notes mature in July 2030. We initially retained $ 26 million of the Class A notes, $ 2 million of the Class B notes, $ 2 million of the Class C notes and $ 3 million of the Class D notes. (e) ODART 2016-1 Securitization. On July 19, 2016, we issued $754 million of notes backed by direct auto loans. The maturity dates of the notes occur in January 2021 for the Class A notes, May 2021 for the Class B notes, September 2021 for the Class C notes and February 2023 for the Class D notes. We initially retained $54 million of the Class D notes. (f) ODART 2017-1 Securitization. On February 1, 2017, we issued $300 million of notes backed by direct auto loans. The maturity dates of the notes occur in October 2020 for the Class A notes, June 2021 for the Class B notes, August 2021 for the Class C notes, December 2021 for the Class D notes, and January 2025 for the Class E notes. We initially retained $11 million of the Class A notes, $1 million of each of the Class B, Class C, and Class D notes, and the entire $18 million of the Class E notes.
Schedule of line of credit facilities	As of June 30, 2017 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Note Maximum Amount Revolving Springleaf 2013-VFN1 Trust $ 850 $ — January 2018 Whitford Brook 2014-VFN1 Trust 250 — June 2018 First Avenue Funding LLC 250 — June 2018 Second Avenue Funding LLC 250 — June 2018 Seine River Funding, LLC 500 — December 2019 Thur River Funding, LLC * 350 — June 2020 Total $ 2,450 $ — * Concurrent with the termination of the note purchase agreement with the Sumner Brook 2013-VFN1 Trust discussed below, on June 29, 2017, we entered into the Thur River Funding LSA with the same third party lenders who were parties to the terminated note purchase agreement. We may borrow up to a maximum principal balance of $350 million under the Thur River Funding LSA, and amounts borrowed will be backed by personal loans acquired from subsidiaries and affiliates of SFC from time to time. Following the revolving period, the principal balance of the outstanding loans, if any, will be reduced as cash payments are received on the underlying personal loans and will be due and payable in full in February 2027.

Insurance (Tables)

Insurance (Tables)	6 Months Ended
	Jun. 30, 2017
Insurance [Abstract]
Schedule of changes in the liability for unpaid claims and loss adjustment expenses, net of reinsurance recoverable	Changes in the reserve for unpaid claims and loss adjustment expenses (not considering reinsurance recoverable) were as follows: At or for the (dollars in millions) 2017 2016 Balance at beginning of period $ 70 $ 73 Less reinsurance recoverables (22 ) (22 ) Net balance at beginning of period 48 51 Additions for losses and loss adjustment expenses incurred to: Current year 35 35 Prior years * 1 (2 ) Total 36 33 Reductions for losses and loss adjustment expenses paid related to: Current year (18 ) (18 ) Prior years (16 ) (16 ) Total (34 ) (34 ) Net balance at end of period 50 50 Plus reinsurance recoverables 22 22 Balance at end of period $ 72 $ 72 * Reflects (i) a shortfall in the prior years’ net reserves of $1 million at June 30, 2017 primarily due to adverse development on ordinary life and credit disability during the year, and (ii) a redundancy in the prior years’ net reserves of $2 million at June 30, 2016 primarily due to credit disability and credit involuntary unemployment insurance claims developing more favorably than anticipated.

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of changes in accumulated other comprehensive income	Changes, net of tax, in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains (Losses) Available-for-Sale Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended June 30, 2017 Balance at beginning of period $ (2 ) $ (4 ) $ — $ (6 ) Other comprehensive income before reclassifications 4 3 — 7 Reclassification adjustments from accumulated other comprehensive income (loss) (1 ) — — (1 ) Balance at end of period $ 1 $ (1 ) $ — $ — Three Months Ended June 30, 2016 Balance at beginning of period $ (2 ) $ (19 ) $ 4 $ (17 ) Other comprehensive income before reclassifications 7 — — 7 Reclassification adjustments from accumulated other comprehensive income (loss) (1 ) — — (1 ) Balance at end of period $ 4 $ (19 ) $ 4 $ (11 ) Six Months Ended June 30, 2017 Balance at beginning of period $ (3 ) $ (4 ) $ — $ (7 ) Other comprehensive income before reclassifications 6 3 — 9 Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ 1 $ (1 ) $ — $ — Six Months Ended June 30, 2016 Balance at beginning of period $ (9 ) $ (19 ) $ 4 $ (24 ) Other comprehensive income before reclassifications 15 — — 15 Reclassification adjustments from accumulated other comprehensive income (loss) (2 ) — — (2 ) Balance at end of period $ 4 $ (19 ) $ 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 June 30, Six Months Ended June 30, 2017 2016 2017 2016 Unrealized gains on available-for-sale securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ 1 $ 2 $ 3 $ 3 Income tax effect — (1 ) (1 ) (1 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ 1 $ 1 $ 2 $ 2

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Schedule of information about the Company's segments as well as reconciliations to condensed consolidated financial statement amounts	The following tables present information about the Company’s segments, as well as reconciliations to the condensed consolidated financial statement amounts. (dollars in millions) Consumer and Insurance Acquisitions and Servicing Other (a) Segment to Consolidated Three Months Ended June 30, 2017 Interest income $ 297 $ — $ 6 $ 3 $ 306 Interest expense 108 — 5 16 129 Provision for finance receivable losses 89 — — 2 91 Net interest income after provision for finance receivable losses 100 — 1 (15 ) 86 Other revenues (b) 37 — 63 (13 ) 87 Other expenses 158 — 2 — 160 Income (loss) before income tax expense (benefit) $ (21 ) $ — $ 62 $ (28 ) $ 13 Three Months Ended June 30, 2016 Interest income $ 295 $ — $ 16 $ 2 $ 313 Interest expense 99 — 17 22 138 Provision for finance receivable losses 83 — 2 — 85 Net interest income (loss) after provision for finance receivable losses 113 — (3 ) (20 ) 90 Other revenues (b) 71 — 45 (10 ) 106 Other expenses 167 1 10 (1 ) 177 Income (loss) before income tax expense (benefit) $ 17 $ (1 ) $ 32 $ (29 ) $ 19 At or for the Six Months Ended June 30, 2017 Interest income $ 587 $ — $ 12 $ 4 $ 603 Interest expense 212 — 11 33 256 Provision for finance receivable losses 159 — 1 2 162 Net interest income after provision for finance receivable losses 216 — — (31 ) 185 Other revenues (b) 86 — 122 (15 ) 193 Other expenses 316 — 6 — 322 Income (loss) before income tax expense (benefit) $ (14 ) $ — $ 116 $ (46 ) $ 56 Assets (c) $ 5,996 $ — $ 4,950 $ (59 ) $ 10,887 At or for the Six Months Ended June 30, 2016 Interest income $ 606 $ 102 $ 32 $ 4 $ 744 Interest expense 194 20 34 46 294 Provision for finance receivable losses 156 14 4 2 176 Net interest income (loss) after provision for finance receivable losses 256 68 (6 ) (44 ) 274 Net gain on sale of SpringCastle interests — 167 — — 167 Other revenues (b) 116 — 84 (5 ) 195 Other expenses 341 15 13 (1 ) 368 Income before income taxes 31 220 65 (48 ) 268 Income before income taxes attributable to non-controlling interests — 28 — — 28 Income before income taxes attributable to Springleaf Finance Corporation $ 31 $ 192 $ 65 $ (48 ) $ 240 Assets (c) $ 5,285 $ — $ 4,592 $ 3 $ 9,880 (a) Real Estate segment has been combined with “Other” for the prior period. (b) Other revenues reported in “Other” primarily includes interest income on the Cash Services Note (previously referred to as the “Independence Demand Note”) and on SFC’s note receivable from SFI. See Note 8 for further information on the notes receivable from parent and affiliates. (c) Assets reported in “Other” primarily includes notes receivable from parent and affiliates discussed above. See Note 8 for further information on the notes receivable from parent and affiliates.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of fair values and carrying values of financial instruments and fair value hierarchy based on the level of inputs utilized to determine such fair value	The following table summarizes the fair values and carrying values of our financial instruments and indicates the fair value hierarchy based on the level of inputs we utilized to determine such fair values: Fair Value Measurements Using Total Total (dollars in millions) Level 1 Level 2 Level 3 June 30, 2017 Assets Cash and cash equivalents $ 361 $ 52 $ — $ 413 $ 413 Investment securities — 636 2 638 638 Net finance receivables, less allowance for finance receivable losses — — 5,294 5,294 4,887 Finance receivables held for sale — — 147 147 141 Notes receivable from parent and affiliates — 4,594 — 4,594 4,594 Restricted cash and restricted cash equivalents 192 — — 192 192 Other assets (a) — 16 24 40 40 Liabilities Long-term debt $ — $ 8,508 $ — $ 8,508 $ 7,898 Other liabilities (b) — 88 — 88 88 December 31, 2016 Assets Cash and cash equivalents $ 198 $ 42 $ — $ 240 $ 240 Investment securities — 580 2 582 582 Net finance receivables, less allowance for finance receivable losses — — 5,122 5,122 4,755 Finance receivables held for sale — — 159 159 153 Notes receivable from parent and affiliates — 3,723 — 3,723 3,723 Restricted cash and restricted cash equivalents 227 — — 227 227 Other assets (a) — 41 34 75 77 Liabilities Long-term debt $ — $ 7,308 $ — $ 7,308 $ 6,837 Other liabilities (b) — 13 — 13 13 (a) Includes commercial mortgage loans, escrow advance receivable, receivables from parent and affiliates, and receivables related to sales of real estate loans and related trust assets. (b) Consists of payables to parent and affiliates.
Schedule of information about assets and liabilities measured at fair value on a recurring basis and the fair value hierarchy based on the levels of inputs utilized to determine such fair value	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 (a) June 30, 2017 Assets Cash equivalents in mutual funds $ 283 $ — $ — $ 283 Cash equivalents in securities — 52 — 52 Investment securities: Available-for-sale securities Bonds: U.S. government and government sponsored entities — 19 — 19 Obligations of states, municipalities, and political subdivisions — 76 — 76 Non-U.S. government and government sponsored entities — 4 — 4 Corporate debt — 408 — 408 RMBS — 38 — 38 CMBS — 32 — 32 CDO/ABS — 52 — 52 Total bonds — 629 — 629 Preferred stock — 5 — 5 Other long-term investments — — 1 1 Total available-for-sale securities (b) — 634 1 635 Other securities Bonds: Corporate debt — 2 — 2 Total other securities — 2 — 2 Total investment securities — 636 1 637 Restricted cash in mutual funds 186 — — 186 Total $ 469 $ 688 $ 1 $ 1,158 (a) Due to the insignificant activity within the Level 3 assets during the three and six months ended June 30, 2017 , we have omitted the additional disclosures relating to the changes in Level 3 assets measured at fair value on a recurring basis and the quantitative information about Level 3 unobservable inputs. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and FHLB common stock of $1 million at June 30, 2017 , which is carried at cost. Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 (a) December 31, 2016 Assets Cash equivalents in mutual funds $ 119 $ — $ — $ 119 Cash equivalents in securities — 42 — 42 Investment securities: Available-for-sale securities Bonds: U.S. government and government sponsored entities — 13 — 13 Obligations of states, municipalities, and political subdivisions — 82 — 82 Non-U.S. government and government sponsored entities — 5 — 5 Corporate debt — 353 — 353 RMBS — 39 — 39 CMBS — 33 — 33 CDO/ABS — 46 — 46 Total bonds — 571 — 571 Preferred stock — 6 — 6 Other long-term investments — — 1 1 Total available-for-sale securities (b) — 577 1 578 Other securities Bonds: Corporate debt — 2 — 2 CMBS — 1 — 1 Total other securities — 3 — 3 Total investment securities — 580 1 581 Restricted cash in mutual funds 212 — — 212 Total $ 331 $ 622 $ 1 $ 954 (a) Due to the insignificant activity within the Level 3 assets during 2016 , we have omitted the additional disclosures relating to the changes in Level 3 assets measured at fair value on a recurring basis and the quantitative information about Level 3 unobservable inputs. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and FHLB common stock of $1 million at December 31, 2016 , which is carried at cost.

Business and Basis of Present36

Business and Basis of Presentation (Details)	Jun. 30, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Ownership percentage in joint venture		47.00%
Majority Shareholder
Related Party Transaction [Line Items]
Percent of common stock held by related party	57.00%
Corporate Joint Venture
Related Party Transaction [Line Items]
Ownership percentage in joint venture		47.00%

Finance Receivables Narrative (

Finance Receivables Narrative (Details)	6 Months Ended
	Jun. 30, 2017USD ($)loan	Dec. 31, 2016USD ($)loan
Finance Receivables
Personal loans	$ 4,966,000,000	$ 4,804,000,000
Net finance receivables	5,108,000,000	4,959,000,000
Loans receivable held for sale	141,000,000	153,000,000
Commitments to lend additional funds	0
Nonperforming
Finance Receivables
Net finance receivables	$ 112,000,000	145,000,000
Unlikely to be Collected Financing Receivable
Finance Receivables
Accrual of finance charges, past due period	60 days
Personal loans
Finance Receivables
Net finance receivables	$ 4,966,000,000	4,804,000,000
Personal loans | Nonperforming
Finance Receivables
Net finance receivables	$ 90,000,000	$ 116,000,000
Personal loans | Minimum
Finance Receivables
Finance receivables original term	3 years
Personal loans | Maximum
Finance Receivables
Finance receivables original term	6 years
Personal loans | Consumer household goods or other items of personal property
Finance Receivables
Loans and leases receivable, number of loans | loan	902,000	928,000
Real Estate Loan
Finance Receivables
Net finance receivables	$ 134,000,000	$ 144,000,000
Real Estate Loan | Nonperforming
Finance Receivables
Net finance receivables	$ 22,000,000	29,000,000
Real Estate Loan | Maximum
Finance Receivables
Finance receivables original term	360 months
Retail Sales Finance
Finance Receivables
Accrual of finance charges, past due period	180 days
Net finance receivables	$ 8,000,000	11,000,000
Retail Sales Finance | Nonperforming
Finance Receivables
Accrual of finance charges, past due period	90 days
Net finance receivables	$ 0	$ 0
Retail Sales Finance | Maximum
Finance Receivables
Finance receivables original term	60 months

Finance Receivables - Component

Finance Receivables - Components of Net Finance Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Finance Receivables
Gross receivables	$ 5,668	$ 5,603
Unearned finance charges and points and fees	(671)	(754)
Accrued finance charges	66	64
Deferred origination costs	45	46
Net finance receivables	5,108	4,959
Personal Loans
Finance Receivables
Gross receivables	5,527	5,449
Unearned finance charges and points and fees	(671)	(754)
Accrued finance charges	65	63
Deferred origination costs	45	46
Net finance receivables	4,966	4,804
Real Estate Loans
Finance Receivables
Gross receivables	132	142
Unearned finance charges and points and fees	1	1
Accrued finance charges	1	1
Deferred origination costs	0	0
Net finance receivables	134	144
Retail Sales Finance
Finance Receivables
Gross receivables	9	12
Unearned finance charges and points and fees	(1)	(1)
Accrued finance charges	0	0
Deferred origination costs	0	0
Net finance receivables	$ 8	$ 11

Finance Receivables - Net Finan

Finance Receivables - Net Finance Receivables by Type and Days Delinquent (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Net finance receivables:
Net finance receivables	$ 5,108	$ 4,959
Personal Loans
Net finance receivables:
Net finance receivables	4,966	4,804
Real Estate Loan
Net finance receivables:
Net finance receivables	134	144
Retail Sales Finance
Net finance receivables:
Net finance receivables	8	11
Performing
Net finance receivables:
Net finance receivables	4,996	4,814
Performing | Current
Net finance receivables:
Net finance receivables	4,877	4,692
Performing | 30-59 days past due
Net finance receivables:
Net finance receivables	74	73
Performing | 60-89 days past due
Net finance receivables:
Net finance receivables	45	49
Performing | Personal Loans
Net finance receivables:
Net finance receivables	4,876	4,688
Performing | Personal Loans | Current
Net finance receivables:
Net finance receivables	4,770	4,579
Performing | Personal Loans | 30-59 days past due
Net finance receivables:
Net finance receivables	65	64
Performing | Personal Loans | 60-89 days past due
Net finance receivables:
Net finance receivables	41	45
Performing | Real Estate Loan
Net finance receivables:
Net finance receivables	112	115
Performing | Real Estate Loan | Current
Net finance receivables:
Net finance receivables	99	102
Performing | Real Estate Loan | 30-59 days past due
Net finance receivables:
Net finance receivables	9	9
Performing | Real Estate Loan | 60-89 days past due
Net finance receivables:
Net finance receivables	4	4
Performing | Retail Sales Finance
Net finance receivables:
Net finance receivables	8	11
Performing | Retail Sales Finance | Current
Net finance receivables:
Net finance receivables	8	11
Performing | Retail Sales Finance | 30-59 days past due
Net finance receivables:
Net finance receivables	0	0
Performing | Retail Sales Finance | 60-89 days past due
Net finance receivables:
Net finance receivables	0	0
Nonperforming
Net finance receivables:
Net finance receivables	112	145
Nonperforming | 90-179 days past due
Net finance receivables:
Net finance receivables	92	120
Nonperforming | 180 days or more past due
Net finance receivables:
Net finance receivables	20	25
Nonperforming | Personal Loans
Net finance receivables:
Net finance receivables	90	116
Nonperforming | Personal Loans | 90-179 days past due
Net finance receivables:
Net finance receivables	87	112
Nonperforming | Personal Loans | 180 days or more past due
Net finance receivables:
Net finance receivables	3	4
Nonperforming | Real Estate Loan
Net finance receivables:
Net finance receivables	22	29
Nonperforming | Real Estate Loan | 90-179 days past due
Net finance receivables:
Net finance receivables	5	8
Nonperforming | Real Estate Loan | 180 days or more past due
Net finance receivables:
Net finance receivables	17	21
Nonperforming | Retail Sales Finance
Net finance receivables:
Net finance receivables	0	0
Nonperforming | Retail Sales Finance | 90-179 days past due
Net finance receivables:
Net finance receivables	0	0
Nonperforming | Retail Sales Finance | 180 days or more past due
Net finance receivables:
Net finance receivables	$ 0	$ 0

Finance Receivables - Purchased

Finance Receivables - Purchased Credit Impaired Finance Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Finance Receivables
Allowance for purchased credit impaired finance receivable losses	$ 8	$ 8
FA Loans
Finance Receivables
Carrying amount, net of allowance	62	70
Outstanding balance	100	107
Allowance for purchased credit impaired finance receivable losses	8	8
Carrying amount	48	54
Outstanding balance	$ 77	$ 83

Finance Receivables - Changes i

Finance Receivables - Changes in Accretable Yield for Purchased Credit Impaired Finance Receivables (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	$ 59	$ 74	$ 60	$ 441
Accretion	(2)	(2)	(3)	(20)
Reclassifications to nonaccretable difference	(2)	(11)	(2)	(1)
Transfer due to finance receivables sold				(359)
Balance at end of period	55	61	55	61
SCP Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	0	0	0	375
Accretion	0	0	0	(16)
Reclassifications to nonaccretable difference	0	0	0	0
Transfer due to finance receivables sold				(359)
Balance at end of period	0	0	0	0
FA Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	59	74	60	66
Accretion	(2)	(2)	(3)	(4)
Reclassifications to nonaccretable difference	(2)	(11)	(2)	(1)
Transfer due to finance receivables sold				0
Balance at end of period	$ 55	$ 61	$ 55	$ 61

Finance Receivables - TDR Finan

Finance Receivables - TDR Finance Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	$ 233	$ 180
TDR net finance receivables	232	181
Allowance for TDR finance receivable losses	53	31
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	91	47
TDR net finance receivables	89	47
Allowance for TDR finance receivable losses	42	20
Real Estate Loan
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	142	133
TDR net finance receivables	143	134
Allowance for TDR finance receivable losses	11	11
TDR gross finance receivables	91	89
TDR net finance receivables	$ 92	$ 90

Finance Receivables - TDR Avera

Finance Receivables - TDR Average Net Receivables and Finance Charges Recognized (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Financing Receivable, Modifications [Line Items]
TDR average net receivables	$ 91	$ 113	$ 90	$ 104
TDR finance charges recognized	2	2	3	3
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables	66	34	57	33
TDR finance charges recognized	2	1	3	2
TDR average net receivables	0	1	0	2
TDR finance charges recognized	0	0	0	0
Real Estate Loan
Financing Receivable, Modifications [Line Items]
TDR average net receivables	140	202	138	202
TDR finance charges recognized	2	3	4	6
TDR average net receivables	91	112	90	102
TDR finance charges recognized	2	2	3	3
Total
Financing Receivable, Modifications [Line Items]
TDR average net receivables	206	236	195	235
TDR finance charges recognized	$ 4	$ 4	$ 7	$ 8

Finance Receivables - New Volum

Finance Receivables - New Volume of TDR Finance Receivables (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)account	Jun. 30, 2016USD ($)account	Jun. 30, 2017USD ($)account	Jun. 30, 2016USD ($)account
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 58	$ 15	$ 76	$ 29
Post-modification TDR net finance receivables:	$ 57	$ 14	$ 74	$ 27
Number of TDR accounts | account	9,807	1,883	12,611	3,911
Personal Loans
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 48	$ 9	$ 63	$ 18
Post-modification TDR net finance receivables:	$ 47	$ 8	$ 61	$ 16
Number of TDR accounts | account	9,457	1,767	12,197	3,549
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 0	$ 0	$ 0	$ 1
Post-modification TDR net finance receivables:	$ 0	$ 0	$ 0	$ 1
Number of TDR accounts | account	0	0	0	157
Real Estate Loan
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 10	$ 6	$ 13	$ 10
Post-modification TDR net finance receivables:	$ 10	$ 6	$ 13	$ 10
Number of TDR accounts | account	350	116	414	205
Rate reduction
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	$ 47	$ 11	$ 60	$ 20
Rate reduction | Personal Loans
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	37	6	47	11
Rate reduction | SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	0	0	0	1
Rate reduction | Real Estate Loan
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	10	5	13	8
Other
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	10	3	14	7
Other | Personal Loans
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	10	2	14	5
Other | SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	0	0	0	0
Other | Real Estate Loan
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables:	$ 0	$ 1	$ 0	$ 2

Finance Receivables - Net Fin45

Finance Receivables - Net Finance Receivables Modified as TDRs (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)account	Jun. 30, 2016USD ($)account	Jun. 30, 2017USD ($)account	Jun. 30, 2016USD ($)account
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 11	$ 2	$ 14	$ 3
Number of TDR accounts | account	2,445	320	3,030	675
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 0	$ 0	$ 0	$ 0
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 0	$ 0	$ 0	$ 0

Allowance for Finance Receiva46

Allowance for Finance Receivable Losses (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	$ 196	$ 217	$ 204	$ 224
Provision for finance receivable losses	91	85	162	176
Charge-offs	(82)	(89)	(182)	(198)
Recoveries	16	13	37	28
Other		(29)		(33)
Balance at end of period	221	197	221	197
Personal Loans
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	176	168	184	173
Provision for finance receivable losses	90	83	160	156
Charge-offs	(80)	(85)	(179)	(174)
Recoveries	15	10	36	21
Other		0		0
Balance at end of period	201	176	201	176
SpringCastle Portfolio
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	0	0		4
Provision for finance receivable losses	0	0		14
Charge-offs	0	0		(17)
Recoveries	0	0		3
Other		0		(4)
Balance at end of period	0	0	0	0
Real Estate Loans
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	19	49	19	46
Provision for finance receivable losses	1	2	2	6
Charge-offs	(2)	(4)	(3)	(6)
Recoveries	1	2	1	3
Other		(29)		(29)
Balance at end of period	19	20	19	20
Retail Sales Finance
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	1		1	1
Provision for finance receivable losses	0		0
Charge-offs	0			(1)
Recoveries	0	1		1
Other		0		0
Balance at end of period	$ 1	$ 1	$ 1	$ 1

Allowance for Finance Receiva47

Allowance for Finance Receivable Losses - by Type and by Impairment Method (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Mar. 31, 2017	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Allowance for finance receivable losses:
Collectively evaluated for impairment	$ 160	$ 165
Purchased credit impaired finance receivables	8	8
TDR finance receivables	53	31
Total	221	204	$ 196	$ 197	$ 217	$ 224
Finance receivables:
Collectively evaluated for impairment	4,946	4,844
Net finance receivables	5,108	4,959
TDR finance receivables	$ 140	$ 91
Allowance for finance receivable losses as a percentage of finance receivables	4.32%	4.12%
Purchased credit impaired finance receivables
Finance receivables:
Net finance receivables	$ 22	$ 24
Personal Loans
Allowance for finance receivable losses:
Collectively evaluated for impairment	159	164
Purchased credit impaired finance receivables	0	0
TDR finance receivables	42	20
Total	201	184	176	176	$ 168	173
Finance receivables:
Collectively evaluated for impairment	4,877	4,757
Net finance receivables	4,966	4,804
TDR finance receivables	$ 89	$ 47
Allowance for finance receivable losses as a percentage of finance receivables	4.04%	3.84%
Personal Loans | Purchased credit impaired finance receivables
Finance receivables:
Net finance receivables	$ 0	$ 0
Real Estate Loans
Allowance for finance receivable losses:
Collectively evaluated for impairment	0	0
Purchased credit impaired finance receivables	8	8
TDR finance receivables	11	11
Total	19	19
Finance receivables:
Collectively evaluated for impairment	61	76
Net finance receivables	134	144
TDR finance receivables	$ 51	$ 44
Allowance for finance receivable losses as a percentage of finance receivables	14.35%	13.31%
Real Estate Loans | Purchased credit impaired finance receivables
Finance receivables:
Net finance receivables	$ 22	$ 24
Retail Sales Finance
Allowance for finance receivable losses:
Collectively evaluated for impairment	1	1
Purchased credit impaired finance receivables	0	0
TDR finance receivables	0	0
Total	1	1	$ 1	$ 1		$ 1
Finance receivables:
Collectively evaluated for impairment	8	11
Net finance receivables	8	11
TDR finance receivables	$ 0	$ 0
Allowance for finance receivable losses as a percentage of finance receivables	10.23%	4.42%
Retail Sales Finance | Purchased credit impaired finance receivables
Finance receivables:
Net finance receivables	$ 0	$ 0

Finance Receivables Held for 48

Finance Receivables Held for Sale (Details) - USD ($) $ in Millions	Jun. 30, 2016	May 02, 2016	Mar. 31, 2016	Mar. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Finance Receivables
Loans receivable held for sale					$ 141		$ 141		$ 153
Net gain on sale of SpringCastle interests			$ 167		$ 0	$ 0	$ 0	$ 167
SpringCastle Portfolio
Finance Receivables
Financing receivables reclassified to held-for-sale				$ 1,600
Real Estate Loans
Finance Receivables
Financing receivables reclassified to held-for-sale	$ 257
Personal Loan Sale
Finance Receivables
Carrying value of held-for-sale financing receivables sold		$ 602
Gain (loss) on sale of financing receivables		$ 22

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	$ 632	$ 582
Unrealized Gains	7	2
Unrealized Losses	(4)	(6)
Fair Value	635	578
Interest in a limited partnership	1	1
Total bonds
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	625	575
Unrealized Gains	7	2
Unrealized Losses	(3)	(6)
Fair Value	629	571
U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	19	13
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	19	13
Obligations of states, municipalities, and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	76	83
Unrealized Gains	1	0
Unrealized Losses	(1)	(1)
Fair Value	76	82
Non-U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	4	5
Unrealized Gains	0	0
Unrealized Losses	0
Fair Value	4	5
Corporate debt
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	404	356
Unrealized Gains	6	2
Unrealized Losses	(2)	(5)
Fair Value	408	353
RMBS
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	38	39
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	38	39
CMBS
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	32	33
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	32	33
CDO/ABS
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	52	46
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	52	46
Preferred stock
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	6	6
Unrealized Gains	0	0
Unrealized Losses	(1)	0
Fair Value	5	6
Other long-term investments
Schedule of Available-for-sale Securities [Line Items]
Cost/ Amortized Cost	1	1
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	$ 1	$ 1

Investment Securities - FV and

Investment Securities - FV and Unrealized Losses on AFS Securities by Type and Length of Time in Continuous Unrealized Loss Position (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Fair Value
Less Than 12 Months	$ 266		$ 266		$ 320
12 Months or Longer	29		29		13
Total	295		295		333
Unrealized Losses
Less Than 12 Months	(3)		(3)		(6)
12 Months or Longer	(1)		(1)		0
Total	(4)		(4)		(6)
Minimum disclosure of unrealized losses on certain available-for-sale securities	1	$ 1	1	$ 1
Total bonds
Fair Value
Less Than 12 Months	266		266		320
12 Months or Longer	22		22		7
Total	288		288		327
Unrealized Losses
Less Than 12 Months	(3)		(3)		(6)
12 Months or Longer	0		0		0
Total	(3)		(3)		(6)
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	14		14		9
12 Months or Longer	1		1		0
Total	15		15		9
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	0		0		0
Total	0		0		0
Obligations of states, municipalities, and political subdivisions
Fair Value
Less Than 12 Months	39		39		57
12 Months or Longer	2		2		2
Total	41		41		59
Unrealized Losses
Less Than 12 Months	(1)		(1)		(1)
12 Months or Longer	0		0		0
Total	(1)		(1)		(1)
Non-U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	2		2		3
12 Months or Longer					0
Total	2		2		3
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	0		0		0
Total	0		0		0
Corporate debt
Fair Value
Less Than 12 Months	140		140		171
12 Months or Longer	7		7		5
Total	147		147		176
Unrealized Losses
Less Than 12 Months	(2)		(2)		(5)
12 Months or Longer	0		0		0
Total	(2)		(2)		(5)
RMBS
Fair Value
Less Than 12 Months	22		22		33
12 Months or Longer	11		11		0
Total	33		33		33
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	0		0		0
Total	0		0		0
CMBS
Fair Value
Less Than 12 Months	18		18		22
12 Months or Longer	0		0
Total	18		18		22
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	0		0		0
Total	0		0		0
CDO/ABS
Fair Value
Less Than 12 Months	31		31		25
12 Months or Longer	1		1		0
Total	32		32		25
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	0		0		0
12 Months or Longer	6		6		6
Total	6		6		6
Unrealized Losses
Less Than 12 Months	0		0		0
12 Months or Longer	(1)		(1)		0
Total	(1)		(1)		$ 0
Other long-term investments
Fair Value
Less Than 12 Months	0		0
12 Months or Longer	1		1
Total	1		1
Unrealized Losses
Less Than 12 Months	0		0
12 Months or Longer	0		0
Total	$ 0		$ 0

Investment Securities Narrative

Investment Securities Narrative (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)investment	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)investment	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)investment
Schedule of Available-for-sale Securities [Line Items]
Number of securities in an unrealized loss position | investment	187		187		217
Other than temporary impairment, credit losses recognized in earnings, period increase (decrease)	$ 0	$ 0	$ 0	$ 0
Available-for-sale securities	635,000,000		635,000,000		$ 578,000,000
Corporate debt
Schedule of Available-for-sale Securities [Line Items]
Other than temporarily impaired available for sale securities	0	$ 0	0	$ 0
Available-for-sale securities	408,000,000		408,000,000		353,000,000
Insurance Regulatory Authorities Bonds on Deposit
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities	$ 8,000,000		$ 8,000,000		$ 11,000,000

Investment Securities - Proceed

Investment Securities - Proceeds From AFS Securities Sold or Redeemed (Details 3) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Available-for-sale securities sold or redeemed
Proceeds from sales and redemptions	$ 68	$ 123	$ 119	$ 193
Realized gains	2	3	4	4
Realized losses	(1)	0	(1)	0
Net realized gains	1	3	3	4
Minimum disclosure of realized losses on available-for-sale securities	$ 1	$ 1	$ 1	$ 1

Investment Securities - Contrac

Investment Securities - Contractual Maturities (Details 4) $ in Millions	Jun. 30, 2017USD ($)
Fair Value
Due in 1 year or less	$ 67
Due after 1 year through 5 years	250
Due after 5 years through 10 years	43
Due after 10 years	147
Mortgage-backed, asset-backed, and collateralized securities	122
Total	629
Amortized Cost
Due in 1 year or less	67
Due after 1 year through 5 years	250
Due after 5 years through 10 years	42
Due after 10 years	144
Mortgage-backed, asset-backed, and collateralized securities	122
Total	$ 625

Investment Securities - Trading

Investment Securities - Trading and Other Securities (Details 5) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Trading securities
Other securities	$ 2		$ 2		$ 3
Net unrealized and realized gains (losses) on trading securities
Net unrealized gains (losses) on trading and other securities held at period end	0	$ 0	0	$ 0
Corporate debt
Trading securities
Other securities	2		2		2
CMBS
Trading securities
Other securities	$ 0		$ 0		$ 1

Transactions with Affiliates 55

Transactions with Affiliates of Fortress (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jul. 07, 2017	Mar. 31, 2016
Transactions with Affiliates of Fortress or AIG
Ownership percentage in joint venture						47.00%
Nationstar Mortgage LLC | Owners
Transactions with Affiliates of Fortress or AIG
Subservicing fees (less than)	$ 1	$ 1	$ 1	$ 1
Affiliated Entity | Logan Circle Partners L.P.
Transactions with Affiliates of Fortress or AIG
Costs and fees incurred for the investment management services (less than)	$ 1	$ 1	$ 1	$ 1
Subsequent Event [Member] | Affiliated Entity | Logan Circle Partners L.P.
Transactions with Affiliates of Fortress or AIG
Business a, percentage of voting interests Acquired					100.00%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Related Party Transaction [Line Items]
Note receivable from SFI	$ 4,594		$ 4,594		$ 3,723
Affiliated Entity | SFI
Related Party Transaction [Line Items]
Note receivable from SFI	$ 380		$ 380		$ 285
Interest rates (as a percent)	6.09%		6.09%
Interest revenue on note receivable	$ 6	$ 5	$ 11	$ 10

Related Party Transactions -- I

Related Party Transactions -- Independence Demand Note (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Jul. 19, 2016	Nov. 12, 2015
Debt Instrument [Line Items]
Notes receivable from parent and affiliates	$ 4,594,000,000		$ 4,594,000,000		$ 3,723,000,000
Independence Holding, Inc.
Debt Instrument [Line Items]
Interest rates (as a percent)	6.09%		6.09%
Independence Holding, Inc. | Independence Demand Note
Debt Instrument [Line Items]
Related party note, maximum borrowing capacity							$ 3,550,000,000
Securities borrowed					$ 2,900,000,000		$ 3,400,000,000
Interest income, related party	$ 43,000,000	$ 46,000,000	$ 88,000,000	$ 92,000,000
Notes receivable from parent and affiliates	$ 2,800,000,000		$ 2,800,000,000
Independence Holding, Inc. | Assignment of Intercompany Demand Note
Debt Instrument [Line Items]
Right to assume principal of demand note						$ 150,000,000
Aggregate purchase price						150,000,000
Independence Holding, Inc. | Cash Services Note
Debt Instrument [Line Items]
Related party note, maximum borrowing capacity						3,400,000,000
Independence Holding, Inc. | OMFH Note
Debt Instrument [Line Items]
Related party note, maximum borrowing capacity						$ 150,000,000

Related Party Transactions -- O

Related Party Transactions -- OneMain Demand Note (Details) - USD ($)	Nov. 15, 2015	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Notes receivable from parent and affiliates		$ 4,594,000,000	$ 4,594,000,000	$ 3,723,000,000
OneMain Financial Holdings, Inc. | OneMain Demand Note
Debt Instrument [Line Items]
Related party note, maximum borrowing capacity	$ 500,000,000	1,600,000,000	1,600,000,000
Number of days notice required to demand note payment	5 days
Notes receivable from parent and affiliates		1,400,000,000	1,400,000,000	$ 530,000,000
Interest income, related party		$ 13,000,000	$ 22,000,000

Related Party Transactions -- N

Related Party Transactions -- Note Payable to Parent and Affiliate (Details) - USD ($)	Dec. 01, 2015	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Receivables from parent and affiliates				$ 14,000,000	$ 40,000,000
SFI
Debt Instrument [Line Items]
Payables to parent and affiliates					6,000,000
Majority Shareholder
Debt Instrument [Line Items]
Receivables from parent and affiliates					46,000,000
Affiliated Entity
Debt Instrument [Line Items]
Due to affiliate				88,000,000	13,000,000
OneMain Financial Holdings, Inc. | OneMain Financial Holdings, Inc. | OMFH revolving demand note, OneMain Acquisition closing
Debt Instrument [Line Items]
Related party note, maximum borrowing capacity	$ 500,000,000			$ 750,000,000
Number of days notice required to demand note payment	5 days
Interest rates (as a percent)				6.09%
Interest expense, related party note		$ 2,000,000	$ 6,000,000
Due to affiliate				$ 0	0
Intercompany Agreements | Springleaf Finance Management Corporation | OneMain Financial Holdings, Inc. | Affiliated Entity
Debt Instrument [Line Items]
Due to affiliate				3,000,000
Intercompany Agreements | Springleaf Finance Management Corporation | Spring leaf General Services Corporation | Affiliated Entity
Debt Instrument [Line Items]
Due to related parties				81,000,000	12,000,000
Intercompany Agreements | Springleaf Finance Management Corporation | Springleaf Consumer Loan, Inc. (SCLI) | Affiliated Entity
Debt Instrument [Line Items]
Due to affiliate				$ 4,000,000	$ 1,000,000

Related Party Transactions -- R

Related Party Transactions -- Related Party Loan Sale Transaction (Details) - Springleaf Consumer Loan, Inc. (SCLI) - Affiliated Entity - Intercompany Agreements - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Related Party Transaction [Line Items]
Personal loans sold		$ 89		$ 89
Aggregate purchase price		89		89
Service fee expenses	$ 1	$ 1	$ 1	$ 1

Related Party Transactions --61

Related Party Transactions -- Intercompany Loan Servicing Fees (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Related Party Transaction [Line Items]
Loan application fee per application			$ 35
Affiliated Entity
Related Party Transaction [Line Items]
Due to affiliate	$ 88,000,000		88,000,000		$ 13,000,000
OneMain | Affiliated Entity | Intercompany Agreements
Related Party Transaction [Line Items]
Costs and fees incurred for the investment management services (less than)	3,000,000		6,000,000
Revenue from related parties	4,000,000		7,000,000
OneMain | Affiliated Entity | Services Agreement
Related Party Transaction [Line Items]
Costs and fees incurred for the investment management services (less than)			3,000,000
OneMain Financial Holdings, Inc. | Affiliated Entity | Services Agreement
Related Party Transaction [Line Items]
Costs and fees incurred for the investment management services (less than)			3,000,000
Springleaf Finance Management Corporation | OneMain Financial Holdings, Inc. | Affiliated Entity | Intercompany Agreements
Related Party Transaction [Line Items]
Due to affiliate	3,000,000		3,000,000
Springleaf Finance Management Corporation | Spring leaf General Services Corporation | Affiliated Entity | Services Agreement
Related Party Transaction [Line Items]
Costs and fees incurred for the investment management services (less than)	79,000,000	$ 58,000,000	138,000,000	$ 125,000,000
Springleaf Finance Management Corporation | Springleaf Consumer Loan, Inc. (SCLI) | Affiliated Entity | Intercompany Agreements
Related Party Transaction [Line Items]
Costs and fees incurred for the investment management services (less than)	6,000,000	$ 4,000,000	11,000,000	$ 7,000,000
Due to affiliate	$ 4,000,000		$ 4,000,000		$ 1,000,000

Related Party Transactions --62

Related Party Transactions -- Related Party Debt Purchases and Capital Contributions (Details)	Apr. 10, 2017USD ($)	Apr. 05, 2017USD ($)building	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Mar. 31, 2016USD ($)
Related Party Transaction [Line Items]
Related party transaction allocated cost of service percentage					100.00%
Subsidiaries
Related Party Transaction [Line Items]
Shareholders' equity, decrease from dividend	$ 38,000,000
Total assets, decrease from dividend	$ 65,000,000
OneMain Financial Holdings, LLC | Affiliated Entity | Intercompany Agreements
Related Party Transaction [Line Items]
Personal loans sold			$ 4,000,000		$ 4,000,000		$ 1,000,000
Aggregate purchase price			4,000,000		4,000,000		1,000,000
Debt purchases, medium-term notes, carry value			3,000,000		3,000,000		$ 1,000,000
OneMain Assurance Services, LLC | Affiliated Entity | Intercompany Agreements
Related Party Transaction [Line Items]
Personal loans sold								$ 5,000,000
Aggregate purchase price								5,000,000
Debt purchases, medium-term notes, carry value								$ 5,000,000
Springleaf Finance Management Corporation | Affiliated Entity | License Agreement
Related Party Transaction [Line Items]
License fees			1,000,000		$ 1,000,000
SFI | Affiliated Entity
Related Party Transaction [Line Items]
Related party transaction capital contributions received									$ 10,000,000
Spring leaf General Services Corporation | Springleaf Finance Management Corporation | Affiliated Entity | Services Agreement
Related Party Transaction [Line Items]
Related party transaction allocated cost of service percentage					100.00%
Costs and fees incurred for the investment management services (less than)			79,000,000	$ 58,000,000	$ 138,000,000	$ 125,000,000
Spring leaf General Services Corporation | Springleaf Finance Management Corporation | Affiliated Entity | License Agreement
Related Party Transaction [Line Items]
Related party transaction margin on systems and software percentage					7.00%
Percentage of actual cost Incurred for information technology systems and software					100.00%
License fees			0	2,000,000		3,000,000
Spring leaf General Services Corporation | Springleaf Finance Management Corporation | Affiliated Entity | Building Lease Agreement
Related Party Transaction [Line Items]
Related party transaction, number of leases terminated | building		6
Annual rental fees		$ 4,000,000
Related party transaction rent charged			$ 0	$ 1,000,000	$ 1,000,000	$ 2,000,000

Long-term Debt (Details)

Long-term Debt (Details) - USD ($)	Jan. 16, 2017	Jun. 30, 2017	Jan. 15, 2017	Dec. 31, 2016
Principal maturities of long-term debt by type of debt
Third quarter 2017		$ 252,000,000
Fourth quarter 2017		557,000,000
2,018		0
2,019		700,000,000
2,020		1,300,000,000
2,021		650,000,000
2,022		1,000,000,000
2023-2067		650,000,000
Securitizations		3,178,000,000
Total principal maturities		8,287,000,000
Total carrying amount		7,898,000,000		$ 6,837,000,000
Debt issuance costs		(37,000,000)
Securitizations
Principal maturities of long-term debt by type of debt
Total carrying amount		3,163,000,000
Revolving Conduit Facilities
Principal maturities of long-term debt by type of debt
Long-term line of credit		0
Medium Term Notes
Principal maturities of long-term debt by type of debt
Total carrying amount		$ 4,563,000,000
Junior Subordinated Debt
Debt Instrument [Line Items]
Interest rates (as a percent)		2.91%	6.00%
Principal maturities of long-term debt by type of debt
Third quarter 2017		$ 0
Fourth quarter 2017		0
2,018		0
2,019		0
2,020		0
2,021		0
2,022		0
2023-2067		350,000,000
Securitizations		0
Total principal maturities		350,000,000
Total carrying amount		172,000,000
Debt issuance costs		$ 0
Effective interest rate		2.91%
Senior Debt | Securitizations
Principal maturities of long-term debt by type of debt
Third quarter 2017		$ 0
Fourth quarter 2017		0
2,018		0
2,019		0
2,020		0
2,021		0
2,022		0
2023-2067		0
Securitizations		3,178,000,000
Total principal maturities		3,178,000,000
Debt issuance costs		(14,000,000)
Senior Debt | Revolving Conduit Facilities
Principal maturities of long-term debt by type of debt
Debt issuance costs		9,000,000
Senior Debt | Medium Term Notes
Principal maturities of long-term debt by type of debt
Third quarter 2017		252,000,000
Fourth quarter 2017		557,000,000
2,018		0
2,019		700,000,000
2,020		1,300,000,000
2,021		650,000,000
2,022		1,000,000,000
2023-2067		300,000,000
Securitizations		0
Total principal maturities		4,759,000,000
Debt issuance costs		$ (23,000,000)
Minimum | Senior Debt | Securitizations
Debt Instrument [Line Items]
Interest rates (as a percent)		2.04%
Minimum | Senior Debt | Medium Term Notes
Debt Instrument [Line Items]
Interest rates (as a percent)		5.25%
Maximum | Senior Debt | Securitizations
Debt Instrument [Line Items]
Interest rates (as a percent)		6.50%
Maximum | Senior Debt | Medium Term Notes
Debt Instrument [Line Items]
Interest rates (as a percent)		8.25%
London Interbank Offered Rate (LIBOR) | Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
Basis spread on interest rate	1.75%

Long-term Debt - SFC'S Offering

Long-term Debt - SFC'S Offerings of 6.125% Senior Notes Due 2022 (Details) - Senior Notes - USD ($)	May 30, 2017	May 15, 2017
Senior Notes due 2017
Debt Instrument [Line Items]
Interest rates (as a percent)	6.90%
Repurchased debt amount	$ 466,000,000
Senior Notes 6.125%
Debt Instrument [Line Items]
Interest rates (as a percent)	6.125%	6.125%
Face amount of each issuance of debt	$ 500,000,000	$ 500,000,000

Long-term Debt - Guaranty Agree

Long-term Debt - Guaranty Agreements (Details) - USD ($) $ in Millions	Jun. 30, 2017	May 15, 2017	Dec. 31, 2016	Apr. 11, 2016	Dec. 03, 2014	Dec. 30, 2013
Debt Instrument [Line Items]
Total carrying amount	$ 7,898		$ 6,837
Guaranty Agreements | Parent Company | Senior Notes 6.125%
Debt Instrument [Line Items]
Interest rates (as a percent)		6.125%
Total carrying amount	1,000
Guaranty Agreements | Parent Company | Senior Note 8.25%, due 2020
Debt Instrument [Line Items]
Interest rates (as a percent)				8.25%
Total carrying amount	1,000
Guaranty Agreements | Parent Company | 5.25% Senior Notes due 2019
Debt Instrument [Line Items]
Interest rates (as a percent)					5.25%
Total carrying amount	700
Guaranty Agreements | Parent Company | 8.250% Senior Notes due 2023
Debt Instrument [Line Items]
Interest rates (as a percent)						8.25%
Guaranty Agreements | Parent Company | 7.750% Senior Notes due 2021
Debt Instrument [Line Items]
Interest rates (as a percent)						7.75%
Guaranty Agreements | Parent Company | 6.00% Senior Notes due 2020
Debt Instrument [Line Items]
Interest rates (as a percent)						6.00%
Guaranty Agreements | Parent Company | Senior Notes and Junior Subordinated Debt
Debt Instrument [Line Items]
Total carrying amount	$ 2,400

Variable Interest Entities (Det

Variable Interest Entities (Details) - Consolidated VIEs - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Cash and cash equivalents
Variable Interest Entities
Assets	$ 1	$ 2
Finance receivables: | Personal Loans
Variable Interest Entities
Assets	3,459	2,943
Allowance for finance receivable losses
Variable Interest Entities
Assets	109	94
Restricted cash and restricted cash equivalents
Variable Interest Entities
Assets	185	211
Other assets
Variable Interest Entities
Assets	9	9
Long-term debt
Variable Interest Entities
Liabilities	3,163	2,675
Other liabilities
Variable Interest Entities
Liabilities	$ 6	$ 7

Variable Interest Entities -- S

Variable Interest Entities -- Securitized Borrowing (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 28, 2017	Feb. 15, 2017	Feb. 01, 2017	Dec. 31, 2016	Dec. 14, 2016	Jul. 19, 2016	Apr. 07, 2015	Feb. 26, 2015
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 7,898,000,000				$ 6,837,000,000
Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	3,200,000,000				$ 2,700,000,000
Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 2,596,000,000
Consumer Securitizations: | Minimum | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	1 year
Consumer Securitizations: | Maximum | Consolidated VIEs
Variable Interest Entity [Line Items]
Amount of principal payment required during revolving period	$ 0
Original Revolving Period	5 years
Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 582,000,000
Total secured structured financings | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	3,178,000,000
SLFT 2015-A | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 1,163,000,000
Current Weighted Average Interest Rate	3.47%
Original Revolving Period	3 years
Face amount of each issuance of debt									$ 1,200,000,000
SLFT 2015-B | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 314,000,000
Current Weighted Average Interest Rate	3.78%
Original Revolving Period	5 years
Face amount of each issuance of debt								$ 314,000,000
SLFT 2016-A | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 500,000,000
Current Weighted Average Interest Rate	3.10%
Original Revolving Period	2 years
Face amount of each issuance of debt						$ 532,000,000
Continuing involvement with transferred financial assets, principal amount outstanding						$ 32,000,000
SLFT 2017-A | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 619,000,000
Current Weighted Average Interest Rate	2.98%
Original Revolving Period	3 years
SLFT 2017-A | Asset-backed securities, personal loans | Consolidated VIEs
Variable Interest Entity [Line Items]
Face amount of each issuance of debt		$ 652,000,000
ODART 2016-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 314,000,000
Current Weighted Average Interest Rate	2.56%
Face amount of each issuance of debt							$ 754,000,000
Continuing involvement with transferred financial assets, principal amount outstanding							$ 54,000,000
ODART 2017-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding	$ 268,000,000
Current Weighted Average Interest Rate	2.61%
Original Revolving Period	1 year
Face amount of each issuance of debt				$ 300,000,000
2014-A Notes | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Current Note Amounts Outstanding			$ 221,000,000
Debt instrument redemption price			188,000,000
Class A Notes | SLFT 2017-A | Asset-backed securities, personal loans | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding		26,000,000
Class A Notes | ODART 2017-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding				11,000,000
Class B Notes | SLFT 2017-A | Asset-backed securities, personal loans | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding		2,000,000
Class B Notes | ODART 2017-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding				1,000,000
Class C Notes | SLFT 2017-A | Asset-backed securities, personal loans | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding		2,000,000
Class C Notes | ODART 2017-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding				1,000,000
Class D Notes | SLFT 2017-A | Asset-backed securities, personal loans | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding		$ 3,000,000
Class D Notes | ODART 2017-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding				1,000,000
Class D Notes | 2014-A Notes | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding			$ 33,000,000
Class E Notes | ODART 2017-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Continuing involvement with transferred financial assets, principal amount outstanding				$ 18,000,000

Variable Interest Entities -- R

Variable Interest Entities -- Revolving Conduit Facilities (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 29, 2017
Variable Interest Entity [Line Items]
Interest expense	$ 129,000,000	$ 138,000,000	$ 256,000,000	$ 294,000,000
Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	2,450,000,000		2,450,000,000
Amount Drawn	0		0
Interest expense	26,000,000	$ 24,000,000	53,000,000	$ 72,000,000
Springleaf 2013-VFN1 Trust | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	850,000,000		850,000,000
Amount Drawn	0		0
Whitford Brook 2014-VFN1 Trust | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	250,000,000		250,000,000
Amount Drawn	0		0
First Avenue Funding LLC | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	250,000,000		250,000,000
Amount Drawn	0		0
Second Avenue Funding LLC | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	250,000,000		250,000,000
Amount Drawn	0		0
Seine River Funding, LLC | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	500,000,000		500,000,000
Amount Drawn	0		0
Thur River Funding, LLC | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	350,000,000		350,000,000		$ 350,000,000
Amount Drawn	$ 0		$ 0

Insurance - Change in Reserve f

Insurance - Change in Reserve for Unpaid Claims and Loss Adjustment (Details 2) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Insurance [Abstract]
Balance at beginning of period	$ 70	$ 73
Less reinsurance recoverables	(22)	(22)
Net balance at beginning of period	48	51
Additions for losses and loss adjustment expenses incurred to:
Current year	35	35
Prior years	1	(2)
Total	36	33
Reductions for losses and loss adjustment expenses paid related to:
Current year	(18)	(18)
Prior years	(16)	(16)
Total	(34)	(34)
Net balance at end of period	50	50
Plus reinsurance recoverables	22	22	$ 22	$ 22
Balance at end of period	$ 72	$ 72

Accumulated Other Comprehensi70

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			$ 2,343	$ 2,032
Other comprehensive income before reclassifications	$ 7	$ 7	9	15
Reclassification adjustments from accumulated other comprehensive income (loss)	(1)	(1)	(2)	(2)
Balance at end of period	2,347	2,284	2,347	2,284
Unrealized Gains (Losses) Available-for-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(2)	(2)	(3)	(9)
Other comprehensive income before reclassifications	4	7	6	15
Reclassification adjustments from accumulated other comprehensive income (loss)	(1)	(1)	(2)	(2)
Balance at end of period	1	4	1	4
Retirement Plan Liabilities Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(4)	(19)	(4)	(19)
Other comprehensive income before reclassifications	3	0	3	0
Reclassification adjustments from accumulated other comprehensive income (loss)	0	0	0	0
Balance at end of period	(1)	(19)	(1)	(19)
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	0	4	0	4
Other comprehensive income before reclassifications	0	0	0	0
Reclassification adjustments from accumulated other comprehensive income (loss)	0	0	0	0
Balance at end of period	0	4	0	4
Total Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(6)	(17)	(7)	(24)
Balance at end of period	$ 0	$ (11)	$ 0	$ (11)

Accumulated Other Comprehensi71

Accumulated Other Comprehensive Income (Loss) - Reclassification Adjustments From AOCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes	$ 1	$ 1	$ 2	$ 2
Unrealized gains on available-for-sale securities:
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes	1	1	2	2
Unrealized gains on available-for-sale securities: | Reclassification adjustments
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes	1	2	3	3
Income tax effect	0	(1)	(1)	(1)
Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes	$ 1	$ 1	$ 2	$ 2

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Net deferred tax liabilities	$ 1		$ 42
Increase (decrease) in deferred tax liability	$ (41)
Effective income tax rate (as a percent)	36.60%	34.00%
Income tax penalties and interest accrued	$ 11
No material change in balance of uncertain tax position, expected term	12 months

Contingencies -- Sale Recourse

Contingencies -- Sale Recourse (Details) $ in Millions	Jun. 30, 2017USD ($)request
Commitments and Contingencies Disclosure [Abstract]
Finance receivables reserve for sales recourse obligations | $	$ 11
Number of material unresolved recourse requests | request	0

Segment Information Narrative (

Segment Information Narrative (Details)	6 Months Ended
	Jun. 30, 2017statesegment
Segment Reporting Information [Line Items]
Number of segments | segment	2
Consumer and Insurance
Segment Reporting Information [Line Items]
Number of states in which entity operates | state	28

Segment Information -- Allocati

Segment Information -- Allocation of revenue and expenses (Details)	6 Months Ended
	Jun. 30, 2017
Other Segments
Segment Reporting Information [Line Items]
Unsecured debt allocation, percentage	100.00%

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	Mar. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Segment Reporting Information [Line Items]
Interest income		$ 306	$ 313	$ 603	$ 744
Interest expense		129	138	256	294
Provision for finance receivable losses		91	85	162	176
Net interest income after provision for finance receivable losses		86	90	185	274
Net gain on sale of SpringCastle interests	$ 167	0	0	0	167
Other revenues		87	106	193	195
Other expenses		160	177	322	368
Income before income taxes		13	19	56	268
Income before income taxes attributable to non-controlling interests					28
Income before income taxes attributable to Springleaf Finance Corporation					240
Assets		10,887	9,880	10,887	9,880	$ 9,719
Operating Segments | Consumer and Insurance
Segment Reporting Information [Line Items]
Interest income		297	295	587	606
Interest expense		108	99	212	194
Provision for finance receivable losses		89	83	159	156
Net interest income after provision for finance receivable losses		100	113	216	256
Net gain on sale of SpringCastle interests					0
Other revenues		37	71	86	116
Other expenses		158	167	316	341
Income before income taxes		(21)	17	(14)	31
Income before income taxes attributable to non-controlling interests					0
Income before income taxes attributable to Springleaf Finance Corporation					31
Assets		5,996	5,285	5,996	5,285
Operating Segments | Acquisitions and Servicing
Segment Reporting Information [Line Items]
Interest income		0	0	0	102
Interest expense			0		20
Provision for finance receivable losses			0		14
Net interest income after provision for finance receivable losses		0	0	0	68
Net gain on sale of SpringCastle interests					167
Other revenues		0	0	0	0
Other expenses		0	1	0	15
Income before income taxes		0	(1)	0	220
Income before income taxes attributable to non-controlling interests					28
Income before income taxes attributable to Springleaf Finance Corporation					192
Assets			0		0
Other
Segment Reporting Information [Line Items]
Interest income		6	16	12	32
Interest expense		5	17	11	34
Provision for finance receivable losses			2	1	4
Net interest income after provision for finance receivable losses		1	(3)	0	(6)
Net gain on sale of SpringCastle interests					0
Other revenues		63	45	122	84
Other expenses		2	10	6	13
Income before income taxes		62	32	116	65
Income before income taxes attributable to non-controlling interests					0
Income before income taxes attributable to Springleaf Finance Corporation					65
Assets		4,950	4,592	4,950	4,592
Segment to GAAP Adjustment
Segment Reporting Information [Line Items]
Interest income		3	2	4	4
Interest expense		16	22	33	46
Provision for finance receivable losses		2	0	2	2
Net interest income after provision for finance receivable losses		(15)	(20)	(31)	(44)
Net gain on sale of SpringCastle interests					0
Other revenues		(13)	(10)	(15)	(5)
Other expenses		0	(1)	0	(1)
Income before income taxes		(28)	(29)	(46)	(48)
Income before income taxes attributable to non-controlling interests					0
Income before income taxes attributable to Springleaf Finance Corporation					(48)
Assets		$ (59)	$ 3	$ (59)	$ 3

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Assets
Notes receivable from parent and affiliates	$ 4,594	$ 3,723
Restricted cash and restricted cash equivalents	192	227	$ 159
Total Fair Value
Assets
Cash and cash equivalents	413	240
Investment securities	638	582
Net finance receivables, less allowance for finance receivable losses	5,294	5,122
Finance receivables held for sale	147	159
Notes receivable from parent and affiliates	4,594	3,723
Restricted cash and restricted cash equivalents	192	227
Other assets	40	75
Liabilities
Long-term debt	8,508	7,308
Other liabilities	88	13
Total Carrying Value
Assets
Cash and cash equivalents	413	240
Investment securities	638	582
Net finance receivables, less allowance for finance receivable losses	4,887	4,755
Finance receivables held for sale	141	153
Notes receivable from parent and affiliates	4,594	3,723
Restricted cash and restricted cash equivalents	192	227
Other assets	40	77
Liabilities
Long-term debt	7,898	6,837
Other liabilities	88	13
Fair Value Measurements Using Level 1
Assets
Cash and cash equivalents	361	198
Investment securities	0	0
Net finance receivables, less allowance for finance receivable losses	0	0
Finance receivables held for sale	0	0
Notes receivable from parent and affiliates	0	0
Restricted cash and restricted cash equivalents	192	227
Other assets	0	0
Liabilities
Long-term debt	0	0
Other liabilities	0	0
Fair Value Measurements Using Level 2
Assets
Cash and cash equivalents	52	42
Investment securities	636	580
Net finance receivables, less allowance for finance receivable losses	0	0
Finance receivables held for sale	0	0
Notes receivable from parent and affiliates	4,594	3,723
Restricted cash and restricted cash equivalents	0	0
Other assets	16	41
Liabilities
Long-term debt	8,508	7,308
Other liabilities	88	13
Fair Value Measurements Using Level 3
Assets
Cash and cash equivalents	0	0
Investment securities	2	2
Net finance receivables, less allowance for finance receivable losses	5,294	5,122
Finance receivables held for sale	147	159
Notes receivable from parent and affiliates	0	0
Restricted cash and restricted cash equivalents	0	0
Other assets	24	34
Liabilities
Long-term debt	0	0
Other liabilities	$ 0	$ 0

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Basis (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Assets
Available-for-sale securities	$ 635	$ 578
Other securities	2	3
Total investment securities	638	582
U.S. government and government sponsored entities
Assets
Available-for-sale securities	19	13
Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	76	82
Corporate debt
Assets
Available-for-sale securities	408	353
Other securities	2	2
RMBS
Assets
Available-for-sale securities	38	39
CMBS
Assets
Available-for-sale securities	32	33
Other securities	0	1
CDO/ABS
Assets
Available-for-sale securities	52	46
Total bonds
Assets
Available-for-sale securities	629	571
Preferred stock
Assets
Available-for-sale securities	5	6
Other long-term investments
Assets
Available-for-sale securities	1	1
Total Carried At Fair Value
Assets
Cash equivalents in securities	413	240
Not carried at fair value | Common Stock
Assets
Available-for-sale securities	1	1
Fair Value Measurements Using Level 1
Assets
Cash equivalents in securities	361	198
Fair Value Measurements Using Level 2
Assets
Cash equivalents in securities	52	42
Fair Value Measurements Using Level 3
Assets
Cash equivalents in securities	0	0
Recurring basis | Total Carried At Fair Value
Assets
Cash equivalents in mutual funds	283	119
Available-for-sale securities	635	578
Other securities	2	3
Total investment securities	637	581
Restricted cash in mutual funds	186	212
Total	1,158	954
Recurring basis | Total Carried At Fair Value | U.S. government and government sponsored entities
Assets
Available-for-sale securities	19	13
Recurring basis | Total Carried At Fair Value | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	76	82
Recurring basis | Total Carried At Fair Value | Non-U.S. government and government sponsored entities
Assets
Available-for-sale securities	4	5
Recurring basis | Total Carried At Fair Value | Corporate debt
Assets
Available-for-sale securities	408	353
Other securities	2	2
Recurring basis | Total Carried At Fair Value | RMBS
Assets
Available-for-sale securities	38	39
Recurring basis | Total Carried At Fair Value | CMBS
Assets
Available-for-sale securities	32	33
Other securities		1
Recurring basis | Total Carried At Fair Value | CDO/ABS
Assets
Available-for-sale securities	52	46
Recurring basis | Total Carried At Fair Value | Total bonds
Assets
Available-for-sale securities	629	571
Recurring basis | Total Carried At Fair Value | Preferred stock
Assets
Available-for-sale securities	5	6
Recurring basis | Total Carried At Fair Value | Other long-term investments
Assets
Available-for-sale securities	1	1
Recurring basis | Fair Value Measurements Using Level 1
Assets
Cash equivalents in mutual funds	283	119
Available-for-sale securities	0	0
Other securities	0	0
Total investment securities	0	0
Restricted cash in mutual funds	186	212
Total	469	331
Recurring basis | Fair Value Measurements Using Level 1 | U.S. government and government sponsored entities
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | Non-U.S. government and government sponsored entities
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | Corporate debt
Assets
Available-for-sale securities	0	0
Other securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | RMBS
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | CMBS
Assets
Available-for-sale securities	0	0
Other securities		0
Recurring basis | Fair Value Measurements Using Level 1 | CDO/ABS
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | Total bonds
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | Preferred stock
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 1 | Other long-term investments
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 2
Assets
Cash equivalents in mutual funds	0	0
Available-for-sale securities	634	577
Other securities	2	3
Total investment securities	636	580
Restricted cash in mutual funds	0	0
Total	688	622
Recurring basis | Fair Value Measurements Using Level 2 | U.S. government and government sponsored entities
Assets
Available-for-sale securities	19	13
Recurring basis | Fair Value Measurements Using Level 2 | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	76	82
Recurring basis | Fair Value Measurements Using Level 2 | Non-U.S. government and government sponsored entities
Assets
Available-for-sale securities	4	5
Recurring basis | Fair Value Measurements Using Level 2 | Corporate debt
Assets
Available-for-sale securities	408	353
Other securities	2	2
Recurring basis | Fair Value Measurements Using Level 2 | RMBS
Assets
Available-for-sale securities	38	39
Recurring basis | Fair Value Measurements Using Level 2 | CMBS
Assets
Available-for-sale securities	32	33
Other securities		1
Recurring basis | Fair Value Measurements Using Level 2 | CDO/ABS
Assets
Available-for-sale securities	52	46
Recurring basis | Fair Value Measurements Using Level 2 | Total bonds
Assets
Available-for-sale securities	629	571
Recurring basis | Fair Value Measurements Using Level 2 | Preferred stock
Assets
Available-for-sale securities	5	6
Recurring basis | Fair Value Measurements Using Level 2 | Other long-term investments
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3
Assets
Cash equivalents in mutual funds	0	0
Available-for-sale securities	1	1
Other securities	0	0
Total investment securities	1	1
Restricted cash in mutual funds	0	0
Total	1	1
Recurring basis | Fair Value Measurements Using Level 3 | U.S. government and government sponsored entities
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | Obligations of states, municipalities, and political subdivisions
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | Non-U.S. government and government sponsored entities
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | Corporate debt
Assets
Available-for-sale securities	0	0
Other securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | RMBS
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | CMBS
Assets
Available-for-sale securities	0	0
Other securities		0
Recurring basis | Fair Value Measurements Using Level 3 | CDO/ABS
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | Total bonds
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | Preferred stock
Assets
Available-for-sale securities	0	0
Recurring basis | Fair Value Measurements Using Level 3 | Other long-term investments
Assets
Available-for-sale securities	1	1
Cash equivalents in securities | Recurring basis | Total Carried At Fair Value
Assets
Cash equivalents in securities	52	42
Cash equivalents in securities | Recurring basis | Fair Value Measurements Using Level 1
Assets
Cash equivalents in securities	0	0
Cash equivalents in securities | Recurring basis | Fair Value Measurements Using Level 2
Assets
Cash equivalents in securities	52	42
Cash equivalents in securities | Recurring basis | Fair Value Measurements Using Level 3
Assets
Cash equivalents in securities	$ 0	$ 0