Onemain Finance 10-Q 3 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 01, 2018
Document and Entity Information
Entity Registrant Name	SPRINGLEAF FINANCE CORP
Entity Central Index Key	25,598
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
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	2,018
Document Fiscal Period Focus	Q1

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 1,431	$ 244
Investment securities	491	536
Net finance receivables:
Personal loans (includes loans of consolidated VIEs of $3.5 billion in 2018 and $3.3 billion in 2017)	5,336	5,308
Other receivables	129	134
Net finance receivables	5,465	5,442
Unearned insurance premium and claim reserves	(83)	(108)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $137 million in 2018 and $141 million in 2017)	(238)	(240)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	5,144	5,094
Finance receivables held for sale	126	132
Notes receivables from parent and affiliates	4,631	4,488
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $238 million in 2018 and $158 million in 2017)	251	169
Other assets	275	161
Total assets	12,349	10,824
Liabilities and Shareholder's Equity
Long-term debt (includes debt of consolidated VIEs of $3.2 billion in 2018 and $3.0 billion in 2017)	9,291	7,865
Insurance claims and policyholder liabilities	243	261
Deferred and accrued taxes	97	78
Other liabilities (includes other liabilities of consolidated VIEs of $5 million in 2018 and in 2017)	263	214
Total liabilities	9,894	8,418
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 March 31, 2018 and December 31, 2017	5	5
Additional paid-in capital	803	799
Accumulated other comprehensive income (loss)	(9)	0
Retained earnings	1,656	1,602
Total shareholder's equity	2,455	2,406
Total liabilities and shareholder's equity	$ 12,349	$ 10,824

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Personal loans	$ 5,336	$ 5,308
Allowance for finance receivable losses	238	240
Restricted cash and restricted cash equivalents	251	169
Long-term debt (includes debt of consolidated VIEs of $3.2 billion in 2018 and $3.0 billion in 2017)	9,291	7,865
Other liabilities (includes other liabilities of consolidated VIEs of $5 million in 2018 and in 2017)	$ 263	$ 214
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	$ 137	$ 141
Restricted cash and restricted cash equivalents	238	158
Long-term debt (includes debt of consolidated VIEs of $3.2 billion in 2018 and $3.0 billion in 2017)	3,200	3,000
Other liabilities (includes other liabilities of consolidated VIEs of $5 million in 2018 and in 2017)	5	5
Personal loans
Allowance for finance receivable losses	214	216
Personal loans | Consolidated VIEs
Personal loans	$ 3,500	$ 3,300

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest income:
Finance charges	$ 325	$ 294
Finance receivables held for sale originated as held for investment	3	3
Total interest income	328	297
Interest expense	130	127
Net interest income	198	170
Provision for finance receivable losses	81	71
Net interest income after provision for finance receivable losses	117	99
Other revenues:
Insurance	21	37
Investment	5	6
Interest income on notes receivable from parent and affiliates	68	59
Other	1	4
Total other revenues	95	106
Operating expenses:
Salaries and benefits	82	79
Other operating expenses	52	67
Insurance policy benefits and claims	7	16
Total other expenses	141	162
Income before income taxes	71	43
Income taxes	17	16
Net income	$ 54	$ 27

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 54	$ 27
Other comprehensive income (loss):
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	(7)	3
Income tax effect:
Net unrealized gains (losses) on non-credit impaired available-for-sale securities	(2)	(1)
Other comprehensive income (loss), net of tax, before reclassification adjustments	(9)	2
Reclassification adjustments included in net income:
Net realized gains on available-for-sale securities	0	(2)
Income tax effect:
Net realized gains on available -for-sale securities	0	1
Reclassification adjustments included in net income, net of tax	0	(1)
Other comprehensive income (loss), net of tax	(9)	1
Comprehensive income	$ 45	$ 28

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
Balance at beginning of period at Dec. 31, 2016	$ 2,343	$ 5	$ 799	$ (7)	$ 1,546
Increase (Decrease) in Shareholders' Equity
Other comprehensive income	1			1
Net income	27				27
Balance at end of period at Mar. 31, 2017	2,371	5	799	(6)	1,573
Balance at beginning of period at Dec. 31, 2017	2,406	5	799	0	1,602
Increase (Decrease) in Shareholders' Equity
Non-cash incentive compensation from Initial Stockholder	4		4
Other comprehensive income	(9)			(9)
Net income	54
Balance at end of period at Mar. 31, 2018	$ 2,455	$ 5	$ 803	$ (9)	$ 1,656

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net income	$ 54	$ 27
Reconciling adjustments:
Provision for finance receivable losses	81	71
Depreciation and amortization	28	39
Deferred income tax (benefit)	(3)	(5)
Non-cash incentive compensation from Initial Stockholder	4	0
Other	5	0
Cash flows due to changes in other assets and other liabilities	(12)	101
Net cash provided by operating activities	157	233
Cash flows from investing activities
Net principal collections (originations) of finance receivables held for investment and held for sale	(117)	7
Cash advances on intercompany notes receivables	(545)	(211)
Proceeds from repayments of principal on intercompany notes receivables	334	138
Available-for-sale securities purchased	(24)	(72)
Available-for-sale securities called, sold, and matured	56	63
Trading and other securities called, sold, and matured	1	0
Other, net	(5)	3
Net cash used for investing activities	(300)	(72)
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions	2,001	366
Repayment of long-term debt	(589)	(405)
Net cash provided by (used for) financing activities	1,412	(39)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents	1,269	122
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	413	467
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	1,682	589
Supplemental cash flow information
Cash and cash equivalents	1,431	397
Total cash and cash equivalents and restricted cash and restricted cash equivalents	413	467
Supplemental non-cash activities
Net unsettled investment security purchases	$ 2	$ (19)

Business and Basis of Presentat

Business and Basis of Presentation	3 Months Ended
	Mar. 31, 2018
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” is a wholly owned subsidiary of SFI. SFI is a wholly owned subsidiary of OMH. At March 31, 2018 , the Initial Stockholder owned approximately 40.5% of OMH’s common stock. The Initial Stockholder is owned by a private equity fund managed by an affiliate of Fortress. On December 27, 2017, SoftBank acquired Fortress and Fortress now operates within SoftBank as an independent business headquartered in New York. On January 3, 2018, the Apollo-Värde Group entered into a Share Purchase Agreement with the Initial Stockholder and the Company to acquire from the Initial Stockholder 54,937,500 shares of OMH common stock representing the entire holdings of OMH’s common stock beneficially owned by Fortress. This transaction is expected to close in the second quarter of 2018 and is subject to regulatory approvals and other customary closing conditions. On February 21, 2018, OMH entered into an underwriting agreement among OMH, the Initial Stockholder and Morgan Stanley & Co. LLC as underwriter in connection with the sale by Springleaf Financial Holdings, LLC of 4,179,678 shares of OMH common stock. These shares were beneficially owned by AIG Capital Corporation (“AIG”), a subsidiary of American International Group, Inc., and represented the entire holdings of OMH common stock beneficially owned by AIG. As disclosed in Note 21 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K, certain executives of the Company had previously been granted incentive units that only provide benefits (in the form of distributions) if the Initial Stockholder makes distributions to one or more of its common members that exceed specified amounts. In connection with the sale of OMH common stock by the Initial Stockholder on February 21, 2018, certain of the specified thresholds were satisfied. In accordance with ASC Topic 710, Compensation-General , we recorded non-cash incentive compensation expense of $4 million in the first quarter of 2018 related to the incentive units with a capital contribution offset such that the impact to overall shareholders’ equity was neutral. 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), 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 2018 presentation, we have reclassified certain items in prior periods of our condensed consolidated financial statements. The condensed consolidated financial statements in this report should be read in conjunction with the consolidated financial statements and related notes included in our 2017 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	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ACCOUNTING PRONOUNCEMENTS RECENTLY 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. Management has reviewed this update and other ASU’s that were subsequently issued to further clarify the implementation guidance outlined in ASU 2014-09. The Company’s implementation efforts included the identification of revenue streams that are within the scope of the new guidance and the review of related contracts with customers to determine their effect on certain non-interest income items presented in our consolidated statements of operations and the additional presentation disclosures required. We concluded that substantially all of the Company’s revenues are generated from activities that are outside the scope of this ASU. We adopted the amendments of these ASU’s as of January 1, 2018 and concluded that it does not 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 for financial liabilities measured under the fair value option, 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. In February of 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments - Overall , which made technical corrections, and improvements to the codification, specifically related to ASU 2016-01. The Company has adopted these ASU’s as of January 1, 2018 using a cumulative-effect adjustment to the balance sheet. The amendments related to equity securities without readily determinable fair values (including disclosure requirements) shall be applied prospectively to equity investments that exist as of the date of adoption of this update. We adopted all other amendments of these ASU’s as of January 1, 2018 and presented this change on a retrospective basis for all periods presented. We concluded that this ASU does not 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. As the Company’s existing accounting policy was in accordance with the amendments of this ASU, we elected to early adopt as of January 1, 2018 and concluded that it does not have a material impact on our consolidated financial statements. 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. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not 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. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not 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 the service cost component separately from other components of net benefit cost on the income statement. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not 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 provides guidance on which changes to the terms or conditions of a share-based payment award requires an entity to apply modification accounting. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not have a material impact on our consolidated financial statements. ACCOUNTING PRONOUNCEMENTS TO BE ADOPTED Leases In February of 2016, the FASB issued ASU 2016-02, Leases , which 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. Management has reviewed this update and other ASU’s that were subsequently issued to further clarify the implementation guidance outlined in ASU 2016-02. The amendments in this ASU become effective for the Company for fiscal years beginning January 1, 2019. The Company’s cross-functional implementation team has developed a project plan to ensure we comply with all updates from this ASU at the time of adoption. We are currently in the process of implementing a new leasing system that will allow us to better account for the leases in accordance with the new guidance. We are assessing new system updates to ensure both qualitative and quantitative data requirements will be met at the time of adoption. The Company’s leases primarily consist of leased office space, automobiles and information technology equipment. At December 31, 2017, the Company had approximately $43 million of minimum lease commitments from these operating leases (refer to Note 19 of the Notes to the Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K). The adoption of this ASU will result in an increase in our reported assets and liabilities on the consolidated balance sheets due to the recognition of the right-of-use asset and lease liability, and we are in the process of quantifying the expected impact. 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 , which 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. Therefore, we would expect changes in the allowance for finance receivable losses will be driven primarily by the nature and growth of the Company’s loan portfolio and the economic environment at that time. 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 Company’s cross-functional implementation team has developed a project plan to ensure we comply with all updates from this ASU at the time of adoption. We continue to make progress in developing an acceptable model to estimate the expected credit losses. After the model has been reviewed and validated in accordance with our governance policies, the Company will provide further disclosure regarding the estimated impact on our allowance for finance receivables losses. In addition to the development of the model, we are assessing the additional disclosure requirements from this update. We believe the adoption of this ASU will have a material effect on our consolidated financial statements through an increase to the allowance for finance receivable losses and a corresponding one-time cumulative effect reduction to retained earnings in the consolidated balance sheet as of the beginning of the year of adoption. We are in the process of quantifying the expected impacts. Income Taxes In February of 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income , which permits the reclassification of stranded tax effects within accumulated other comprehensive income to retained earnings from the passage of the Tax Act. This update requires additional disclosures describing the nature of the stranded tax effects. The amendments within this ASU become effective for the Company for fiscal years beginning after January 1, 2019, with early adoption permitted. We believe that the adoption of this ASU will not have a material impact on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during the three months ended March 31, 2018 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Finance Receivables

Finance Receivables	3 Months Ended
	Mar. 31, 2018
Receivables [Abstract]
Finance Receivables	Finance Receivables Our finance receivable types include personal loans and other receivables 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 . • Other receivables — consist of our loan portfolios in a liquidating status. We ceased originating real estate loans and purchasing retail sales contracts and revolving retail accounts. We continue to service or sub-service the liquidating real estate loans and retail sales contracts and will provide revolving retail sales financing services on our revolving retail accounts. Beginning in 2018, we combined real estate and retail sales finance loans into “Other Receivables.” Previously, we presented real estate and retail sales finance loans as distinct receivable types. In order to conform to this new alignment, we have revised our prior period finance receivable disclosures. Components of net finance receivables held for investment by type were as follows: (dollars in millions) Personal Other Receivables Total March 31, 2018 Gross receivables (a)(b) $ 5,280 $ 128 $ 5,408 Unearned points and fees (65 ) — (65 ) Accrued finance charges 74 1 75 Deferred origination costs 47 — 47 Total $ 5,336 $ 129 $ 5,465 December 31, 2017 Gross receivables (a)(b) $ 5,248 $ 133 $ 5,381 Unearned points and fees (66 ) — (66 ) Accrued finance charges 78 1 79 Deferred origination costs 48 — 48 Total $ 5,308 $ 134 $ 5,442 (a) Gross receivables are defined as follows: • Finance receivables purchased as a performing receivable — gross finance receivables equal the UPB and the remaining unearned discount, net of premium established at the time of purchase 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; • 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 and, if applicable, the remaining unearned discount, net of premium established at the time of purchase if previously purchased as a performing receivable. (b) As of January 1, 2018, we have reclassified unearned finance charges to gross receivables. To conform to this presentation, we have reclassified the prior period. At March 31, 2018 and December 31, 2017 , unused lines of credit extended to customers by the Company were immaterial . CREDIT QUALITY INDICATOR We consider the value and recoverability of collateral, if any, securing a loan at loan origination and the delinquency status of our finance receivables as our primary credit quality indicators. At March 31, 2018 , 56% of our personal loans were secured by titled collateral, compared to 57% at December 31, 2017 . We monitor delinquency trends to manage our exposure to credit risk. When finance receivables are 60 days contractually past due, we consider these accounts to be at an increased risk for loss and we transfer collection of these accounts to our centralized operations. At 90 days or more contractually 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 Other Receivables Total March 31, 2018 Performing Current $ 5,112 $ 103 $ 5,215 30-59 days past due 63 7 70 60-89 days past due 47 2 49 Total performing 5,222 112 5,334 Nonperforming 90-179 days past due 110 3 113 180 days or more past due 4 14 18 Total nonperforming 114 17 131 Total $ 5,336 $ 129 $ 5,465 December 31, 2017 Performing Current $ 5,063 $ 104 $ 5,167 30-59 days past due 75 8 83 60-89 days past due 55 3 58 Total performing 5,193 115 5,308 Nonperforming 90-179 days past due 112 4 116 180 days or more past due 3 15 18 Total nonperforming 115 19 134 Total $ 5,308 $ 134 $ 5,442 PURCHASED CREDIT IMPAIRED FINANCE RECEIVABLES Our purchased credit impaired finance receivables consist of receivables purchased in connection with the Fortress Acquisition. 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 March 31, 2018 and December 31, 2017 , finance receivables held for sale totaled $126 million and $132 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) March 31, December 31, FA Loans (a) Carrying amount, net of allowance $ 54 $ 57 Outstanding balance (b) 91 94 Allowance for purchased credit impaired finance receivable losses 9 9 (a) Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) March 31, December 31, Carrying amount $ 42 $ 44 Outstanding balance 69 72 (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 March 31, 2018 and December 31, 2017 , 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 FA Loans held for investment and held for sale were as follows: Three Months Ended March 31, (dollars in millions) 2018 2017 Balance at beginning of period $ 53 $ 60 Accretion (a) (1 ) (1 ) Balance at end of period $ 52 $ 59 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were immaterial for the three months ended March 31, 2018 and 2017 . TDR FINANCE RECEIVABLES Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Other Receivables (a) Total March 31, 2018 TDR gross finance receivables (b) $ 124 $ 138 $ 262 TDR net finance receivables 123 139 262 Allowance for TDR finance receivable losses 48 12 60 December 31, 2017 TDR gross finance receivables (b) $ 112 $ 139 $ 251 TDR net finance receivables 111 140 251 Allowance for TDR finance receivable losses 44 12 56 (a) Other Receivables held for sale included in the table above were as follows: (dollars in millions) March 31, December 31, 2017 TDR gross finance receivables $ 88 $ 90 TDR net finance receivables 89 91 (b) As defined earlier in this Note. As of March 31, 2018 , 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 Other Receivables * Total Three Months Ended March 31, 2018 TDR average net receivables $ 117 $ 139 $ 256 TDR finance charges recognized 3 2 5 Three Months Ended March 31, 2017 TDR average net receivables $ 48 $ 134 $ 182 TDR finance charges recognized 1 2 3 * Other Receivables held for sale included in the table above were as follows: Three Months Ended March 31, (dollars in millions) 2018 2017 TDR average net receivables $ 90 $ 89 TDR finance charges recognized 1 1 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 Other Receivables (a) Total Three Months Ended March 31, 2018 Pre-modification TDR net finance receivables $ 33 $ 2 $ 35 Post-modification TDR net finance receivables: Rate reduction $ 26 $ 2 $ 28 Other (b) 7 — 7 Total post-modification TDR net finance receivables $ 33 $ 2 $ 35 Number of TDR accounts 5,894 29 5,923 Three Months Ended March 31, 2017 Pre-modification TDR net finance receivables $ 15 $ 3 $ 18 Post-modification TDR net finance receivables: Rate reduction $ 10 $ 3 $ 13 Other (b) 4 — 4 Total post-modification TDR net finance receivables $ 14 $ 3 $ 17 Number of TDR accounts 2,740 64 2,804 (a) Other Receivables held for sale included in the table above were immaterial. (b) “Other” modifications primarily include potential principal and interest forgiveness contingent on future payment performance by the borrower under the modified terms. Personal loans held for investment 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: Three Months Ended March 31, (dollars in millions) 2018 2017 TDR net finance receivables * $ 6 $ 3 Number of TDR accounts 1,190 585 * Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. TDR other receivables for the three months ended March 31, 2018 and 2017 that defaulted during the previous 12-month period were immaterial.

Allowance for Finance Receivabl

Allowance for Finance Receivable Losses	3 Months Ended
	Mar. 31, 2018
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 Other Receivables Consolidated Total Three Months Ended March 31, 2018 Balance at beginning of period $ 216 $ 24 $ 240 Provision for finance receivable losses 81 — 81 Charge-offs (98 ) (1 ) (99 ) Recoveries 15 1 16 Balance at end of period $ 214 $ 24 $ 238 Three Months Ended March 31, 2017 Balance at beginning of period $ 184 $ 20 $ 204 Provision for finance receivable losses 70 1 71 Charge-offs (99 ) (1 ) (100 ) Recoveries 21 — 21 Balance at end of period $ 176 $ 20 $ 196 The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal Other Receivables Total March 31, 2018 Allowance for finance receivable losses: Collectively evaluated for impairment $ 166 $ 3 $ 169 Purchased credit impaired finance receivables — 9 9 TDR finance receivables 48 12 60 Total $ 214 $ 24 $ 238 Finance receivables: Collectively evaluated for impairment $ 5,213 58 $ 5,271 Purchased credit impaired finance receivables — 21 21 TDR finance receivables 123 50 173 Total $ 5,336 $ 129 $ 5,465 Allowance for finance receivable losses as a percentage of finance receivables 4.02 % 18.72 % 4.36 % December 31, 2017 Allowance for finance receivable losses: Collectively evaluated for impairment $ 172 $ 3 $ 175 Purchased credit impaired finance receivables — 9 9 TDR finance receivables 44 12 56 Total $ 216 $ 24 $ 240 Finance receivables: Collectively evaluated for impairment $ 5,197 $ 63 $ 5,260 Purchased credit impaired finance receivables — 22 22 TDR finance receivables 111 49 160 Total $ 5,308 $ 134 $ 5,442 Allowance for finance receivable losses as a percentage of finance receivables 4.06 % 18.27 % 4.41 %

Finance Receivables Held for Sa

Finance Receivables Held for Sale	3 Months Ended
	Mar. 31, 2018
Receivables Held-for-sale [Abstract]
Finance Receivables Held for Sale	Finance Receivables Held for Sale We report finance receivables held for sale of $126 million at March 31, 2018 and $132 million at December 31, 2017 , which are carried at the lower of cost or fair value and consist entirely of real estate loans. At March 31, 2018 and December 31, 2017 , 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. We did not have any material transfers to or from finance receivables held for sale during the three months ended March 31, 2018 and 2017 .

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2018
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 fixed maturity available-for-sale securities by type were as follows: (dollars in millions) Cost/ Amortized Cost Unrealized Gains Unrealized Losses Fair Value March 31, 2018 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 17 $ — $ — $ 17 Obligations of states, municipalities, and political subdivisions 66 — (1 ) 65 Non-U.S. government and government sponsored entities 4 — — 4 Corporate debt 296 3 (6 ) 293 Mortgage-backed, asset-backed, and collateralized: RMBS 39 — (1 ) 38 CMBS 23 — — 23 CDO/ABS 43 — — 43 Total $ 488 $ 3 $ (8 ) $ 483 December 31, 2017 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 17 $ — $ — $ 17 Obligations of states, municipalities, and political subdivisions 70 — — 70 Non-U.S. government and government sponsored entities 4 — — 4 Corporate debt 322 4 (2 ) 324 Mortgage-backed, asset-backed, and collateralized: RMBS 35 — — 35 CMBS 23 — — 23 CDO/ABS 53 — — 53 Total $ 524 $ 4 $ (2 ) $ 526 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 March 31, 2018 U.S. government and government sponsored entities $ 8 $ — $ 8 $ — $ 16 $ — Obligations of states, municipalities, and political subdivisions 39 — 12 (1 ) 51 (1 ) Non-U.S. government and government sponsored entities 3 — — — 3 — Corporate debt 159 (4 ) 64 (2 ) 223 (6 ) RMBS 17 (1 ) 12 — 29 (1 ) CMBS 6 — 15 — 21 — CDO/ABS 27 — 10 — 37 — Total $ 259 $ (5 ) $ 121 $ (3 ) $ 380 $ (8 ) December 31, 2017 U.S. government and government sponsored entities $ 13 $ — $ 1 $ — $ 14 $ — Obligations of states, municipalities, and political subdivisions 35 — 12 — 47 — Corporate debt 120 (1 ) 69 (1 ) 189 (2 ) RMBS 14 — 12 — 26 — CMBS 6 — 15 — 21 — CDO/ABS 30 — 10 — 40 — Total $ 218 $ (1 ) $ 119 $ (1 ) $ 337 $ (2 ) * 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 251 and 212 investment securities in an unrealized loss position at March 31, 2018 and December 31, 2017 , 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 March 31, 2018 , 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 months ended March 31, 2018 and 2017 , we did not recognize any other-than-temporary impairment credit losses on our available-for-sale securities in investment revenues. During the three months ended March 31, 2018 and 2017 , 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 March 31, 2018 2017 Proceeds from sales and redemptions $ 39 $ 51 Net realized gains * $ — $ 2 * Realized losses on available-for-sale securities sold or redeemed during the three months ended March 31, 2018 and 2017 were less than $ 1 million . Contractual maturities of fixed-maturity available-for-sale securities at March 31, 2018 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 $ 56 $ 56 Due after 1 year through 5 years 173 177 Due after 5 years through 10 years 29 29 Due after 10 years 121 121 Mortgage-backed, asset-backed, and collateralized securities 104 105 Total $ 483 $ 488 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 $4 million and $8 million at March 31, 2018 and December 31, 2017 , respectively. OTHER SECURITIES The fair value of other securities by type was as follows: (dollars in millions) March 31, December 31, Fixed maturity other securities: Corporate debt $ 1 $ 3 Preferred stock * 6 5 Other long-term investments 1 1 Total $ 8 $ 9 * 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. Unrealized gains (losses) on other securities held at March 31, 2018 and 2017 and net realized gains (losses) on other securities sold or redeemed during the 2018 and 2017 periods were immaterial for the three months ended March 31, 2018 and 2017 . We report these gains and losses in investment revenues.

Transactions with Affiliates

Transactions with Affiliates	3 Months Ended
	Mar. 31, 2018
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Transactions with Affiliates	Transactions with Affiliates SUBSERVICING AGREEMENT Nationstar subservices the real estate loans of certain of our indirect subsidiaries. Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. On February 12, 2018, Nationstar’s parent, Nationstar Mortgage Holdings Inc. (“NSM”), entered into an Agreement and Plan of Merger (the “Merger Agreement”). In connection with the closing of the transactions contemplated by the Merger Agreement, investment funds managed by affiliates of Fortress have agreed to elect to receive cash merger consideration with respect to no less than 50% of the shares in NSM held by such funds and, following such closing, will no longer indirectly own a majority interest in Nationstar. The subservicing fees paid to Nationstar were immaterial for the three months ended March 31, 2018 and 2017. Related Party Transactions Notes Receivable from Parent and Affiliates : The table below sets forth the note receivables from our parent and affiliates. We describe our affiliate lending in Note 11 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. (dollars in millions) Note Balance Interest Income (a) Three Months Ended March 31, March 31, December 31, 2017 2018 2017 SFI Note $ 380 $ 390 $ 6 $ 5 IH Cash Services Note 2,835 2,883 41 45 OMFH Demand Note (b) 1,416 1,215 21 9 Total $ 4,631 $ 4,488 $ 68 $ 59 (a) Reported in interest income on notes receivable from parent and affiliates. The interest rate on notes receivable from parent and affiliates is SFC’s cost of funds rate, which was 5.81% at March 31, 2018 and 6.28% at March 31, 2017 . (b) The maximum amount available increased from $1.6 billion to $2.7 billion effective March 28, 2018. 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. SFC is required to use any advances for general corporate purposes. At March 31, 2018 , the maximum amount that OMFH may advance to SFC is $750 million . At March 31, 2018 and December 31, 2017 , no amounts were drawn by SFC under the note. We did not incur interest expense on the note payable to OMFH for the three months ended March 31, 2018 and 2017 . OGSC Services Agreement : OGSC provides variety of services to various affiliates under a services agreement. SFC is currently a party to this services agreement and formerly, through its subsidiaries had license and building lease agreements with OGSC as well. See Note 11 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K for more information about these agreements. During the three months ended March 31, 2018 and 2017, SFC recorded $71 million and $59 million , respectively, of service fee expenses which are included in operating expenses. SFC did not record any expenses related to the terminated license or building lease agreements for the three months ending March 31, 2018. For the three months ending March 31, 2017, license and building lease expenses were immaterial. Loan Servicing Fees: SFC’s intercompany agreement with OMFH relates to the servicing of its loans by legacy OneMain branches (expense to SFC) and OMFH loans serviced by legacy SFC branches (income to SFC). The servicing fee is based on a percentage of the outstanding principal balance of the serviced loans. During the three months ended March 31, 2018 , SFC recorded $3 million of service fee expenses and $4 million of service fee income. During the three months ended March 31, 2017 , SFC recorded $3 million of service fee expenses and $3 million of service fee income. Loan Referral Fees: OCLI provides personal loan application and credit underwriting services on behalf of SFC and charges a fee of $35 for each underwritten approved application referred to SFC, as well as any other fees agreed to by the parties. During the three months ended March 31, 2018 and March 31, 2017 , SFC recorded $5 million of referral fee expense, respectively. Insurance Subsidiaries: SFC incurs a payable whenever it finances or collects insurance premiums on policies issued by OMFH insurance subsidiaries or when SFC insurance subsidiaries incur insurance claims on insurance policies issued on OMFH loans. Conversely, SFC records a receivable when insurance claims are incurred on policies issued by insurance subsidiaries of OMFH on SFC loans. As a result of these transactions, at March 31, 2018 , SFC had a $16 million payable to and a $1 million receivable from OMFH subsidiaries. At December 31, 2017 , SFC insurance subsidiaries had a $22 million payable to and a $4 million receivable from OMFH subsidiaries. Home and Auto Membership Plans : SFC collects optional home and auto membership plan fees that are payable to subsidiaries of OMFH. SFC’s payable to OMFH subsidiaries for these fees was $3 million at March 31, 2018 . The amount payable at December 31, 2017 was $2 million . Loan Purchase and Sale Agreements: From time to time, OCLI enters into loan purchase and sale agreements with certain subsidiaries of SFC pursuant to which OCLI sells certain personal loans and continues to service the loans. There were no loan sales during the three months ended March 31, 2018 or March 31, 2017. Loan servicing fees were less than $1 million for the three months ending March 31, 2018 and March 31, 2017, respectively. Parent and Affiliate Receivables and Payables: Receivables from parent and affiliate totaled $122 million and $11 million at March 31, 2018 and December 31, 2017, respectively, and are included in other assets. Payables to parent and affiliate totaled $91 million and $110 million at March 31, 2018 and December 31, 2017, respectively, and are included in other liabilities. OMAS Debt Purchases: As of March 31, 2018 , OMAS, a subsidiary of OMFH, held a total of $10 million principal amount of SFC’s medium-term notes which were obtained in the open market in three separate purchase transactions for an aggregate purchase price of $10 million . These notes had a carrying value of $9 million . These purchase transactions did not impact our consolidated financial statements and there are no plans for OMAS to make future purchases of SFC debt.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	Transactions with Affiliates SUBSERVICING AGREEMENT Nationstar subservices the real estate loans of certain of our indirect subsidiaries. Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. On February 12, 2018, Nationstar’s parent, Nationstar Mortgage Holdings Inc. (“NSM”), entered into an Agreement and Plan of Merger (the “Merger Agreement”). In connection with the closing of the transactions contemplated by the Merger Agreement, investment funds managed by affiliates of Fortress have agreed to elect to receive cash merger consideration with respect to no less than 50% of the shares in NSM held by such funds and, following such closing, will no longer indirectly own a majority interest in Nationstar. The subservicing fees paid to Nationstar were immaterial for the three months ended March 31, 2018 and 2017. Related Party Transactions Notes Receivable from Parent and Affiliates : The table below sets forth the note receivables from our parent and affiliates. We describe our affiliate lending in Note 11 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. (dollars in millions) Note Balance Interest Income (a) Three Months Ended March 31, March 31, December 31, 2017 2018 2017 SFI Note $ 380 $ 390 $ 6 $ 5 IH Cash Services Note 2,835 2,883 41 45 OMFH Demand Note (b) 1,416 1,215 21 9 Total $ 4,631 $ 4,488 $ 68 $ 59 (a) Reported in interest income on notes receivable from parent and affiliates. The interest rate on notes receivable from parent and affiliates is SFC’s cost of funds rate, which was 5.81% at March 31, 2018 and 6.28% at March 31, 2017 . (b) The maximum amount available increased from $1.6 billion to $2.7 billion effective March 28, 2018. 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. SFC is required to use any advances for general corporate purposes. At March 31, 2018 , the maximum amount that OMFH may advance to SFC is $750 million . At March 31, 2018 and December 31, 2017 , no amounts were drawn by SFC under the note. We did not incur interest expense on the note payable to OMFH for the three months ended March 31, 2018 and 2017 . OGSC Services Agreement : OGSC provides variety of services to various affiliates under a services agreement. SFC is currently a party to this services agreement and formerly, through its subsidiaries had license and building lease agreements with OGSC as well. See Note 11 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K for more information about these agreements. During the three months ended March 31, 2018 and 2017, SFC recorded $71 million and $59 million , respectively, of service fee expenses which are included in operating expenses. SFC did not record any expenses related to the terminated license or building lease agreements for the three months ending March 31, 2018. For the three months ending March 31, 2017, license and building lease expenses were immaterial. Loan Servicing Fees: SFC’s intercompany agreement with OMFH relates to the servicing of its loans by legacy OneMain branches (expense to SFC) and OMFH loans serviced by legacy SFC branches (income to SFC). The servicing fee is based on a percentage of the outstanding principal balance of the serviced loans. During the three months ended March 31, 2018 , SFC recorded $3 million of service fee expenses and $4 million of service fee income. During the three months ended March 31, 2017 , SFC recorded $3 million of service fee expenses and $3 million of service fee income. Loan Referral Fees: OCLI provides personal loan application and credit underwriting services on behalf of SFC and charges a fee of $35 for each underwritten approved application referred to SFC, as well as any other fees agreed to by the parties. During the three months ended March 31, 2018 and March 31, 2017 , SFC recorded $5 million of referral fee expense, respectively. Insurance Subsidiaries: SFC incurs a payable whenever it finances or collects insurance premiums on policies issued by OMFH insurance subsidiaries or when SFC insurance subsidiaries incur insurance claims on insurance policies issued on OMFH loans. Conversely, SFC records a receivable when insurance claims are incurred on policies issued by insurance subsidiaries of OMFH on SFC loans. As a result of these transactions, at March 31, 2018 , SFC had a $16 million payable to and a $1 million receivable from OMFH subsidiaries. At December 31, 2017 , SFC insurance subsidiaries had a $22 million payable to and a $4 million receivable from OMFH subsidiaries. Home and Auto Membership Plans : SFC collects optional home and auto membership plan fees that are payable to subsidiaries of OMFH. SFC’s payable to OMFH subsidiaries for these fees was $3 million at March 31, 2018 . The amount payable at December 31, 2017 was $2 million . Loan Purchase and Sale Agreements: From time to time, OCLI enters into loan purchase and sale agreements with certain subsidiaries of SFC pursuant to which OCLI sells certain personal loans and continues to service the loans. There were no loan sales during the three months ended March 31, 2018 or March 31, 2017. Loan servicing fees were less than $1 million for the three months ending March 31, 2018 and March 31, 2017, respectively. Parent and Affiliate Receivables and Payables: Receivables from parent and affiliate totaled $122 million and $11 million at March 31, 2018 and December 31, 2017, respectively, and are included in other assets. Payables to parent and affiliate totaled $91 million and $110 million at March 31, 2018 and December 31, 2017, respectively, and are included in other liabilities. OMAS Debt Purchases: As of March 31, 2018 , OMAS, a subsidiary of OMFH, held a total of $10 million principal amount of SFC’s medium-term notes which were obtained in the open market in three separate purchase transactions for an aggregate purchase price of $10 million . These notes had a carrying value of $9 million . These purchase transactions did not impact our consolidated financial statements and there are no plans for OMAS to make future purchases of SFC debt.

Long-term Debt

Long-term Debt	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 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% 3.47 % Remainder of 2018 — — — — 2019 — 700 — 700 2020 — 1,300 — 1,300 2021 — 650 — 650 2022 — 1,000 — 1,000 2023-2067 — 2,425 350 2,775 Securitizations (b) 3,233 — — 3,233 Total principal maturities $ 3,233 $ 6,075 $ 350 $ 9,658 Total carrying amount $ 3,221 $ 5,898 $ 172 $ 9,291 Debt issuance costs (c) $ (12 ) $ (45 ) $ — $ (57 ) (a) The interest rates shown are the range of contractual rates in effect at March 31, 2018 . The interest rate on the UPB of the Junior Subordinated Debenture consists of a variable floating rate (determined quarterly) equal to 3-month LIBOR plus 1.75% , or 3.47% as of March 31, 2018 . (b) Securitizations have a stated maturity date but are not included in the above maturities by period due to their variable monthly repayments, which may result in pay-off prior to the stated maturity date. At March 31, 2018 , 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 $10 million at March 31, 2018 and are reported in other assets. SFC’S OFFERING OF 6.875% SENIOR NOTES DUE 2025 On March 12, 2018, SFC issued $1.25 billion aggregate principal amount of 6.875% Senior Notes due 2025 (the “ 6.875% SFC Notes”) under an Indenture dated as of December 3, 2014 (the “SFC Base Indenture”), as supplemented by a Fifth Supplemental Indenture, dated as of March 12, 2018 (the “SFC Fifth Supplemental Indenture” and, collectively, with the SFC Base Indenture, the SFC First Supplemental Indenture, the SFC Second Supplemental Indenture, the SFC Third Supplemental Indenture, and the SFC Fourth Supplemental Indenture, the “SFC Senior Notes Indentures”), pursuant to which OMH provided a guarantee of the 6.875% SFC Notes on an unsecured basis. SFC intends to use the net proceeds from the sale of the 6.875% SFC Notes for general corporate purposes, which may include debt repurchases and repayments. The 6.875% 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 SFC Senior Notes Indentures. The notes will not have the benefit of any sinking fund. GUARANTY AGREEMENTS OMH entered into the SFC Base Indenture and the following SFC supplemental indentures, pursuant to which OMH agreed to fully and unconditionally guarantee, on a senior unsecured basis the payments of principal, premium (if any) and interest on the following notes: Guarantee Agreement Date Entered SFC Supplemental Indentures Interest rate March 31, 2018 Outstanding balance (dollars in millions) 6.875% SFC Notes 3/12/2018 SFC Fifth Supplemental Indenture 6.875% $ 1,250 5.625% SFC Notes 12/8/2017 SFC Fourth Supplemental Indenture 5.625% 875 6.125% SFC Notes 5/15/2017 SFC Third Supplemental Indenture 6.125% 1,000 8.25% SFC Notes 4/11/2016 SFC Second Supplemental Indenture 8.25% 1,000 5.25% SFC Notes 12/3/2014 SFC First Supplemental Indenture 5.25% 700 The supplemental indentures listed above contain 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 SFC Senior Notes Indentures also provide for events of default which, if any of them were to occur, would permit or require the principal of and accrued interest on the SFC Notes to become, or to be declared, due and payable. We describe our guarantee agreements in Note 12 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. 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; and • the Junior Subordinated Debenture; 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 March 31, 2018 , $1.6 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	3 Months Ended
	Mar. 31, 2018
Variable Interest Entities
Variable Interest Entities	Variable Interest Entities CONSOLIDATED VIES As part of our overall funding strategy, 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. See Note 3 and Note 13 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K for more detail regarding VIEs. 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) March 31, December 31, Assets Cash and cash equivalents $ 2 $ 2 Finance receivables: Personal loans 3,467 3,334 Allowance for finance receivable losses 137 141 Restricted cash and restricted cash equivalents 238 158 Other assets 10 11 Liabilities Long-term debt $ 3,221 $ 3,041 Other liabilities 5 6 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 securitization 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 March 31, 2018 consisted of the following: (dollars in millions) Issue Amount (a) Current Current Weighted Average Interest Rate Original Revolving Period Issue Date Maturity Date Consumer Securitizations: SLFT 2015-A $ 1,163 $ 1,053 3.50 % 3 years 02/26/15 11/2024 SLFT 2015-B 314 314 3.78 % 5 years 04/07/15 05/2028 SLFT 2016-A (b) 532 500 3.10 % 2 years 12/14/16 11/2029 SLFT 2017-A (b) 652 619 2.98 % 3 years 06/28/17 07/2030 OMFIT 2018-2 (c) 368 350 3.87 % 5 years 03/19/18 03/2033 Total consumer securitizations 2,836 Auto Securitizations: ODART 2016-1 (b) 754 142 3.19 % — 07/19/16 Various ODART 2017-1 (b) 300 255 2.63 % 1 year 02/01/17 Various Total auto securitizations 397 Total secured structured financings $ 3,233 (a) Issue Amount includes the retained interest amounts as applicable and as noted below while the Current Note Amounts Outstanding balances reflect pay-downs subsequent to note issuance and exclude retained interest amounts. (b) For these borrowings, we describe our consumer and auto securitizations initial retained amounts in Note 13 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. (c) OMFIT 2018-2 Securitization. We initially retained approximately $18 million of the asset-backed notes. REVOLVING CONDUIT FACILITIES As of March 31, 2018 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Note Maximum Amount Revolving Backed by Loans Acquired from Subsidiaries of Due and Payable (a) First Avenue Funding, LLC $ 250 $ — June 2018 SFC - auto loans (b) Seine River Funding, LLC 500 — December 2019 SFC - personal loans December 2022 Thur River Funding, LLC 350 — June 2020 SFC - personal loans February 2027 Mystic River Funding, LLC 850 — September 2020 SFC - personal loans and auto loans October 2023 Fourth Avenue Auto Funding, LLC 250 — September 2020 SFC - auto loans October 2021 Total $ 2,200 $ — (a) The date following the revolving period that the principal balance of the outstanding loans, if any, will be reduced as cash payments are received on the underlying loans and will be due and payable in full. (b) For First Avenue Funding, LLC, principal amount of the notes, if any, will be reduced as cash payments are received on the underlying direct auto loans and will be due and payable in full 12 months following the maturity of the last direct auto loan held by First Avenue Funding, LLC. 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 months ended March 31, 2018 totaled $30 million , compared to $27 million for the three months ended March 31, 2017 .

Insurance

Insurance	3 Months Ended
	Mar. 31, 2018
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) 2018 2017 Balance at beginning of period $ 66 $ 70 Less reinsurance recoverables (20 ) (22 ) Net balance at beginning of period 46 48 Additions for losses and loss adjustment expenses incurred to: Current year 11 17 Prior years * — 1 Total 11 18 Reductions for losses and loss adjustment expenses paid related to: Current year (5 ) (7 ) Prior years (10 ) (11 ) Total (15 ) (18 ) Net balance at end of period 42 48 Plus reinsurance recoverables 20 23 Balance at end of period $ 62 $ 71 * Reflects a shortfall in the prior years’ net reserves of $1 million at March 31, 2017 primarily resulting from increased estimates for claims incurred in prior periods.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2018
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 Total Accumulated Other Comprehensive Income (Loss) Three Months Ended March 31, 2018 Balance at beginning of period $ 1 $ (1 ) $ — Other comprehensive income before reclassifications (9 ) — (9 ) Balance at end of period $ (8 ) $ (1 ) $ (9 ) Three Months Ended March 31, 2017 Balance at beginning of period $ (3 ) $ (4 ) $ (7 ) Other comprehensive income before reclassifications 2 — 2 Reclassification adjustments from accumulated other comprehensive loss (1 ) — (1 ) Balance at end of period $ (2 ) $ (4 ) $ (6 ) Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our condensed consolidated statements of operations were immaterial for the three months ended March 31, 2018 and March 31, 2017.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes At March 31, 2018 and December 31, 2017 , we had a net deferred tax asset of $25 million and $24 million , respectively. The effective tax rate for the three months ended March 31, 2018 was 24.7% , compared to 37.6% for the same period in 2017 . The effective tax rate for the three months ended March 31, 2018 differed from the federal statutory rate of 21% primarily due to the effect of state income taxes and discrete expense for non-deductible compensation. The effective tax rate for the three months ended March 31, 2017 differed from the then-applicable federal statutory rate of 35% primarily due to the effect of state income taxes. We are currently under examination of our U.S. federal tax return for the years 2011 to 2013 by the IRS. We are also under examination of various states for the years 2011 to 2016. 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 March 31, 2018 and $ 11 million at December 31, 2017 . 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	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies LEGAL CONTINGENCIES In the normal course of business, we have been named, from time to time, as defendants in various legal actions, including arbitrations, class actions and other litigation arising in connection with our activities. Some of the actual or threatened legal actions include claims for substantial compensatory and/or punitive damages or claims for indeterminate amounts of damages. While we will continue to evaluate legal actions to determine whether a loss is reasonably possible or probable and is reasonably estimable, there can be no assurance that material losses will not be incurred from pending, threatened or future litigation, investigations, examinations, or other claims. We contest liability and/or the amount of damages, as appropriate, in each pending matter. Where available information indicates that it is probable that a liability had been incurred at the date of the condensed consolidated financial statements and we can reasonably estimate the amount of that loss, we accrue the estimated loss by a charge to income. In many actions, however, it is inherently difficult to determine whether any loss is probable or even reasonably possible or to estimate the amount of any loss. In addition, even where loss is reasonably possible or an exposure to loss exists in excess of the liability already accrued with respect to a previously recognized loss contingency, it is not always possible to reasonably estimate the size of the possible loss or range of loss. For certain legal actions, we cannot reasonably estimate such losses, particularly for actions that are in their early stages of development or where plaintiffs seek substantial or indeterminate damages. Numerous issues may need to be resolved, including through potentially lengthy discovery and determination of important factual matters, and by addressing novel or unsettled legal questions relevant to the actions in question, before a loss or additional loss or range of loss or additional loss can be reasonably estimated for any given action. For certain other legal actions, we can estimate reasonably possible losses, additional losses, ranges of loss or ranges of additional loss in excess of amounts accrued, but do not believe, based on current knowledge and after consultation with counsel, that such losses will have a material adverse effect on our condensed consolidated financial statements as a whole. SALES RECOURSE OBLIGATIONS At March 31, 2018 , our reserve for sales recourse obligations totaled $7 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. During the three months ended March 31, 2018 and 2017 , we had no material repurchase activity related to these sales and no material activity related to our sales recourse obligations. At March 31, 2018 , there were no material recourse requests with loss exposure that management believed would not be covered by the reserve. However, we will continue to monitor any repurchase activity in the future and will adjust the reserve accordingly. When recourse losses are reasonably possible or exposure to such losses exists in excess of the liability already accrued, it is not always possible to reasonably estimate the size of the possible recourse losses or range of losses.

Benefit Plan

Benefit Plan	3 Months Ended
	Mar. 31, 2018
Retirement Benefits [Abstract]
Benefit Plan	Benefit Plan During the three months ended March 31, 2018 and 2017 , the components of net periodic benefit cost with respect to our defined benefit pension plan was immaterial. We do not currently fund post retirement benefits.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information Our segments coincide with how our businesses are managed. At March 31, 2018 , our two segments included Consumer and Insurance and Acquisitions and Servicing . The remaining components (which we refer to as “Other”) consist of our non-originating legacy operations, which include our liquidating real estate loan portfolio and our liquidating retail sales finance portfolio. 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). The accounting policies of the segments are the same as those disclosed in Note 3 and Note 22 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. 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 Segment to Consolidated At or for the Three Months Ended March 31, 2018 Interest income $ 322 $ — $ 5 $ 1 $ 328 Interest expense 120 — 5 5 130 Provision for finance receivable losses 80 — (2 ) 3 81 Net interest income after provision for finance receivable losses 122 — 2 (7 ) 117 Other revenues (a) 31 — 66 (2 ) 95 Other expenses 136 1 5 (1 ) 141 Income (loss) before income tax expense (benefit) $ 17 $ (1 ) $ 63 $ (8 ) $ 71 Assets (b) $ 7,467 $ — $ 4,886 $ (4 ) $ 12,349 At or for the Three Months Ended March 31, 2017 Interest income $ 290 $ — $ 6 $ 1 $ 297 Interest expense 104 — 6 17 127 Provision for finance receivable losses 70 — 1 — 71 Net interest income (loss) after provision for finance receivable losses 116 — (1 ) (16 ) 99 Other revenues (a) 49 — 59 (2 ) 106 Other expenses 158 — 4 — 162 Income before income tax expense $ 7 — $ — $ 54 $ (18 ) $ 43 Assets (b) $ 5,452 $ — $ 4,481 $ (67 ) $ 9,866 (a) Other revenues reported in “Other” primarily includes interest income on the Cash Services Note and on SFC’s note receivable from SFI. See Note 8 for further information on the notes receivable from parent and affiliates. (b) 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	3 Months Ended
	Mar. 31, 2018
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. The accounting policies of our Fair Value Measurements are the same as those disclosed in Note 3 and Note 23 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. The following table presents the carrying amounts and estimated fair values of our financial instruments and indicates the level in the fair value hierarchy of the estimated fair value measurement based on the observability of the inputs used: Fair Value Measurements Using Total Total (dollars in millions) Level 1 Level 2 Level 3 March 31, 2018 Assets Cash and cash equivalents $ 1,431 $ — $ — $ 1,431 $ 1,431 Investment securities — 490 1 491 491 Net finance receivables, less allowance for finance receivable losses — — 5,718 5,718 $ 5,227 Finance receivables held for sale — — 134 134 126 Notes receivable from parent and affiliates — 4,631 — 4,631 4,631 Restricted cash and restricted cash equivalents 251 — — 251 251 Other assets (a) — 122 11 133 133 Liabilities Long-term debt $ — $ 9,725 $ — $ 9,725 $ 9,291 Other liabilities (b) — 91 — 91 91 December 31, 2017 Assets Cash and cash equivalents $ 240 $ 4 $ — $ 244 $ 244 Investment securities — 534 2 536 536 Net finance receivables, less allowance for finance receivable losses — — 5,710 5,710 5,202 Finance receivables held for sale — — 139 139 132 Notes receivable from parent and affiliates — 4,488 — 4,488 4,488 Restricted cash and restricted cash equivalents 169 — — 169 169 Other assets (a) — 11 12 23 23 Liabilities Long-term debt $ — $ 8,369 $ — $ 8,369 $ 7,865 Other liabilities (b) — 110 — 110 110 (a) Other assets include receivables from parent and affiliates, escrow advance receivable, and commercial mortgage loans. Total carrying value of receivables from parent and affiliates totaled $122 million at March 31, 2018 and $11 million at December 31, 2017. (b) Consists of payables to parent and affiliates. See Note 8 for further information on our related party transactions. 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 * March 31, 2018 Assets Cash equivalents in mutual funds $ 1,355 $ — $ — $ 1,355 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 17 — 17 Obligations of states, municipalities, and political subdivisions — 65 — 65 Non-U.S. government and government sponsored entities — 4 — 4 Corporate debt — 293 — 293 RMBS — 38 — 38 CMBS — 23 — 23 CDO/ABS — 43 — 43 Total available-for-sale securities — 483 — 483 Other securities Bonds: Corporate debt — 1 — 1 Total bonds — 1 — 1 Preferred stock — 6 — 6 Other long-term investments — — 1 1 Total other securities — 7 1 8 Total investment securities — 490 1 491 Restricted cash in mutual funds 213 — — 213 Total $ 1,568 $ 490 $ 1 $ 2,059 * Due to the insignificant activity within the Level 3 assets during the three months ended March 31, 2018 , 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. Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 (a) December 31, 2017 Assets Cash equivalents in mutual funds $ 142 $ — $ — $ 142 Cash equivalents in securities — 4 — 4 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 17 — 17 Obligations of states, municipalities, and political subdivisions — 70 — 70 Non-U.S. government and government sponsored entities — 4 — 4 Corporate debt — 324 324 RMBS — 35 — 35 CMBS — 23 — 23 CDO/ABS — 53 — 53 Total available-for-sale securities (b) — 526 — 526 Other securities Bonds: Corporate debt — 3 — 3 Total bonds — 3 — 3 Preferred stock — 5 — 5 Other long-term investments — — 1 1 Total other securities — 8 1 9 Total investment securities — 534 1 535 Restricted cash in mutual funds 159 — — 159 Total $ 301 $ 538 $ 1 $ 840 (a) Due to the insignificant activity within the Level 3 assets during 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 December 31, 2017 , which is carried at cost. We had no transfers between Level 1 and Level 2 during the three months ended March 31, 2018 . 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 months ended March 31, 2018 and 2017 . 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 2017 Annual Report on Form 10-K for information regarding our methods and assumptions used to estimate fair value.

Business and Basis of Present25

Business and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2018
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), 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 2018 presentation, we have reclassified certain items in prior periods of our condensed consolidated financial statements. The condensed consolidated financial statements in this report should be read in conjunction with the consolidated financial statements and related notes included in our 2017 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 OR TO BE ADOPTED	ACCOUNTING PRONOUNCEMENTS RECENTLY 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. Management has reviewed this update and other ASU’s that were subsequently issued to further clarify the implementation guidance outlined in ASU 2014-09. The Company’s implementation efforts included the identification of revenue streams that are within the scope of the new guidance and the review of related contracts with customers to determine their effect on certain non-interest income items presented in our consolidated statements of operations and the additional presentation disclosures required. We concluded that substantially all of the Company’s revenues are generated from activities that are outside the scope of this ASU. We adopted the amendments of these ASU’s as of January 1, 2018 and concluded that it does not 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 for financial liabilities measured under the fair value option, 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. In February of 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments - Overall , which made technical corrections, and improvements to the codification, specifically related to ASU 2016-01. The Company has adopted these ASU’s as of January 1, 2018 using a cumulative-effect adjustment to the balance sheet. The amendments related to equity securities without readily determinable fair values (including disclosure requirements) shall be applied prospectively to equity investments that exist as of the date of adoption of this update. We adopted all other amendments of these ASU’s as of January 1, 2018 and presented this change on a retrospective basis for all periods presented. We concluded that this ASU does not 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. As the Company’s existing accounting policy was in accordance with the amendments of this ASU, we elected to early adopt as of January 1, 2018 and concluded that it does not have a material impact on our consolidated financial statements. 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. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not 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. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not 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 the service cost component separately from other components of net benefit cost on the income statement. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not 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 provides guidance on which changes to the terms or conditions of a share-based payment award requires an entity to apply modification accounting. We adopted the amendments of this ASU as of January 1, 2018 and concluded that it does not have a material impact on our consolidated financial statements. ACCOUNTING PRONOUNCEMENTS TO BE ADOPTED Leases In February of 2016, the FASB issued ASU 2016-02, Leases , which 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. Management has reviewed this update and other ASU’s that were subsequently issued to further clarify the implementation guidance outlined in ASU 2016-02. The amendments in this ASU become effective for the Company for fiscal years beginning January 1, 2019. The Company’s cross-functional implementation team has developed a project plan to ensure we comply with all updates from this ASU at the time of adoption. We are currently in the process of implementing a new leasing system that will allow us to better account for the leases in accordance with the new guidance. We are assessing new system updates to ensure both qualitative and quantitative data requirements will be met at the time of adoption. The Company’s leases primarily consist of leased office space, automobiles and information technology equipment. At December 31, 2017, the Company had approximately $43 million of minimum lease commitments from these operating leases (refer to Note 19 of the Notes to the Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K). The adoption of this ASU will result in an increase in our reported assets and liabilities on the consolidated balance sheets due to the recognition of the right-of-use asset and lease liability, and we are in the process of quantifying the expected impact. 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 , which 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. Therefore, we would expect changes in the allowance for finance receivable losses will be driven primarily by the nature and growth of the Company’s loan portfolio and the economic environment at that time. 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 Company’s cross-functional implementation team has developed a project plan to ensure we comply with all updates from this ASU at the time of adoption. We continue to make progress in developing an acceptable model to estimate the expected credit losses. After the model has been reviewed and validated in accordance with our governance policies, the Company will provide further disclosure regarding the estimated impact on our allowance for finance receivables losses. In addition to the development of the model, we are assessing the additional disclosure requirements from this update. We believe the adoption of this ASU will have a material effect on our consolidated financial statements through an increase to the allowance for finance receivable losses and a corresponding one-time cumulative effect reduction to retained earnings in the consolidated balance sheet as of the beginning of the year of adoption. We are in the process of quantifying the expected impacts. Income Taxes In February of 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income , which permits the reclassification of stranded tax effects within accumulated other comprehensive income to retained earnings from the passage of the Tax Act. This update requires additional disclosures describing the nature of the stranded tax effects. The amendments within this ASU become effective for the Company for fiscal years beginning after January 1, 2019, with early adoption permitted. We believe that the adoption of this ASU will not have a material impact on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during the three months ended March 31, 2018 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.
SEGMENT INFORMATION	Our segments coincide with how our businesses are managed. At March 31, 2018 , our two segments included Consumer and Insurance and Acquisitions and Servicing . The remaining components (which we refer to as “Other”) consist of our non-originating legacy operations, which include our liquidating real estate loan portfolio and our liquidating retail sales finance portfolio. 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). The accounting policies of the segments are the same as those disclosed in Note 3 and Note 22 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K.

Finance Receivables (Tables)

Finance Receivables (Tables)	3 Months Ended
	Mar. 31, 2018
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 Other Receivables Total March 31, 2018 Gross receivables (a)(b) $ 5,280 $ 128 $ 5,408 Unearned points and fees (65 ) — (65 ) Accrued finance charges 74 1 75 Deferred origination costs 47 — 47 Total $ 5,336 $ 129 $ 5,465 December 31, 2017 Gross receivables (a)(b) $ 5,248 $ 133 $ 5,381 Unearned points and fees (66 ) — (66 ) Accrued finance charges 78 1 79 Deferred origination costs 48 — 48 Total $ 5,308 $ 134 $ 5,442 (a) Gross receivables are defined as follows: • Finance receivables purchased as a performing receivable — gross finance receivables equal the UPB and the remaining unearned discount, net of premium established at the time of purchase 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; • 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 and, if applicable, the remaining unearned discount, net of premium established at the time of purchase if previously purchased as a performing receivable. (b) As of January 1, 2018, we have reclassified unearned finance charges to gross receivables. To conform to this presentation, we have reclassified the prior period.
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 Other Receivables Total March 31, 2018 Performing Current $ 5,112 $ 103 $ 5,215 30-59 days past due 63 7 70 60-89 days past due 47 2 49 Total performing 5,222 112 5,334 Nonperforming 90-179 days past due 110 3 113 180 days or more past due 4 14 18 Total nonperforming 114 17 131 Total $ 5,336 $ 129 $ 5,465 December 31, 2017 Performing Current $ 5,063 $ 104 $ 5,167 30-59 days past due 75 8 83 60-89 days past due 55 3 58 Total performing 5,193 115 5,308 Nonperforming 90-179 days past due 112 4 116 180 days or more past due 3 15 18 Total nonperforming 115 19 134 Total $ 5,308 $ 134 $ 5,442
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) March 31, December 31, FA Loans (a) Carrying amount, net of allowance $ 54 $ 57 Outstanding balance (b) 91 94 Allowance for purchased credit impaired finance receivable losses 9 9 (a) Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) March 31, December 31, Carrying amount $ 42 $ 44 Outstanding balance 69 72 (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) March 31, December 31, Carrying amount $ 42 $ 44 Outstanding balance 69 72
Schedule of changes in accretable yield for purchased credit impaired finance receivables	Changes in accretable yield for purchased credit impaired FA Loans held for investment and held for sale were as follows: Three Months Ended March 31, (dollars in millions) 2018 2017 Balance at beginning of period $ 53 $ 60 Accretion (a) (1 ) (1 ) Balance at end of period $ 52 $ 59 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were immaterial for the three months ended March 31, 2018 and 2017 .
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 Other Receivables (a) Total March 31, 2018 TDR gross finance receivables (b) $ 124 $ 138 $ 262 TDR net finance receivables 123 139 262 Allowance for TDR finance receivable losses 48 12 60 December 31, 2017 TDR gross finance receivables (b) $ 112 $ 139 $ 251 TDR net finance receivables 111 140 251 Allowance for TDR finance receivable losses 44 12 56 (a) Other Receivables held for sale included in the table above were as follows: (dollars in millions) March 31, December 31, 2017 TDR gross finance receivables $ 88 $ 90 TDR net finance receivables 89 91 (b) As defined earlier in this Note.
TDR finance receivables held for sale	Other Receivables held for sale included in the table above were as follows: (dollars in millions) March 31, December 31, 2017 TDR gross finance receivables $ 88 $ 90 TDR net finance receivables 89 91
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 Other Receivables * Total Three Months Ended March 31, 2018 TDR average net receivables $ 117 $ 139 $ 256 TDR finance charges recognized 3 2 5 Three Months Ended March 31, 2017 TDR average net receivables $ 48 $ 134 $ 182 TDR finance charges recognized 1 2 3 * Other Receivables held for sale included in the table above were as follows: Three Months Ended March 31, (dollars in millions) 2018 2017 TDR average net receivables $ 90 $ 89 TDR finance charges recognized 1 1
TDR average net receivables held for sale and finance charges recognized on TDR finance receivables held for sale	Other Receivables held for sale included in the table above were as follows: Three Months Ended March 31, (dollars in millions) 2018 2017 TDR average net receivables $ 90 $ 89 TDR finance charges recognized 1 1
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 Other Receivables (a) Total Three Months Ended March 31, 2018 Pre-modification TDR net finance receivables $ 33 $ 2 $ 35 Post-modification TDR net finance receivables: Rate reduction $ 26 $ 2 $ 28 Other (b) 7 — 7 Total post-modification TDR net finance receivables $ 33 $ 2 $ 35 Number of TDR accounts 5,894 29 5,923 Three Months Ended March 31, 2017 Pre-modification TDR net finance receivables $ 15 $ 3 $ 18 Post-modification TDR net finance receivables: Rate reduction $ 10 $ 3 $ 13 Other (b) 4 — 4 Total post-modification TDR net finance receivables $ 14 $ 3 $ 17 Number of TDR accounts 2,740 64 2,804 (a) Other Receivables held for sale included in the table above were immaterial. (b) “Other” modifications primarily include potential principal and interest forgiveness contingent on future payment performance by the borrower under the modified terms.
Net finance receivables that were modified as TDR finance receivables defaulted within the previous 12 months nonperforming	Personal loans held for investment 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: Three Months Ended March 31, (dollars in millions) 2018 2017 TDR net finance receivables * $ 6 $ 3 Number of TDR accounts 1,190 585 * Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted.

Allowance for Finance Receiva27

Allowance for Finance Receivable Losses (Tables)	3 Months Ended
	Mar. 31, 2018
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 Other Receivables Consolidated Total Three Months Ended March 31, 2018 Balance at beginning of period $ 216 $ 24 $ 240 Provision for finance receivable losses 81 — 81 Charge-offs (98 ) (1 ) (99 ) Recoveries 15 1 16 Balance at end of period $ 214 $ 24 $ 238 Three Months Ended March 31, 2017 Balance at beginning of period $ 184 $ 20 $ 204 Provision for finance receivable losses 70 1 71 Charge-offs (99 ) (1 ) (100 ) Recoveries 21 — 21 Balance at end of period $ 176 $ 20 $ 196
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 Other Receivables Total March 31, 2018 Allowance for finance receivable losses: Collectively evaluated for impairment $ 166 $ 3 $ 169 Purchased credit impaired finance receivables — 9 9 TDR finance receivables 48 12 60 Total $ 214 $ 24 $ 238 Finance receivables: Collectively evaluated for impairment $ 5,213 58 $ 5,271 Purchased credit impaired finance receivables — 21 21 TDR finance receivables 123 50 173 Total $ 5,336 $ 129 $ 5,465 Allowance for finance receivable losses as a percentage of finance receivables 4.02 % 18.72 % 4.36 % December 31, 2017 Allowance for finance receivable losses: Collectively evaluated for impairment $ 172 $ 3 $ 175 Purchased credit impaired finance receivables — 9 9 TDR finance receivables 44 12 56 Total $ 216 $ 24 $ 240 Finance receivables: Collectively evaluated for impairment $ 5,197 $ 63 $ 5,260 Purchased credit impaired finance receivables — 22 22 TDR finance receivables 111 49 160 Total $ 5,308 $ 134 $ 5,442 Allowance for finance receivable losses as a percentage of finance receivables 4.06 % 18.27 % 4.41 %

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2018
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 fixed maturity available-for-sale securities by type were as follows: (dollars in millions) Cost/ Amortized Cost Unrealized Gains Unrealized Losses Fair Value March 31, 2018 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 17 $ — $ — $ 17 Obligations of states, municipalities, and political subdivisions 66 — (1 ) 65 Non-U.S. government and government sponsored entities 4 — — 4 Corporate debt 296 3 (6 ) 293 Mortgage-backed, asset-backed, and collateralized: RMBS 39 — (1 ) 38 CMBS 23 — — 23 CDO/ABS 43 — — 43 Total $ 488 $ 3 $ (8 ) $ 483 December 31, 2017 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 17 $ — $ — $ 17 Obligations of states, municipalities, and political subdivisions 70 — — 70 Non-U.S. government and government sponsored entities 4 — — 4 Corporate debt 322 4 (2 ) 324 Mortgage-backed, asset-backed, and collateralized: RMBS 35 — — 35 CMBS 23 — — 23 CDO/ABS 53 — — 53 Total $ 524 $ 4 $ (2 ) $ 526
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 March 31, 2018 U.S. government and government sponsored entities $ 8 $ — $ 8 $ — $ 16 $ — Obligations of states, municipalities, and political subdivisions 39 — 12 (1 ) 51 (1 ) Non-U.S. government and government sponsored entities 3 — — — 3 — Corporate debt 159 (4 ) 64 (2 ) 223 (6 ) RMBS 17 (1 ) 12 — 29 (1 ) CMBS 6 — 15 — 21 — CDO/ABS 27 — 10 — 37 — Total $ 259 $ (5 ) $ 121 $ (3 ) $ 380 $ (8 ) December 31, 2017 U.S. government and government sponsored entities $ 13 $ — $ 1 $ — $ 14 $ — Obligations of states, municipalities, and political subdivisions 35 — 12 — 47 — Corporate debt 120 (1 ) 69 (1 ) 189 (2 ) RMBS 14 — 12 — 26 — CMBS 6 — 15 — 21 — CDO/ABS 30 — 10 — 40 — Total $ 218 $ (1 ) $ 119 $ (1 ) $ 337 $ (2 ) * Unrealized losses on certain available-for-sale securities were less than $1 million and, therefore, are not quantified in the table above.
Schedule of 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 March 31, 2018 2017 Proceeds from sales and redemptions $ 39 $ 51 Net realized gains * $ — $ 2 * Realized losses on available-for-sale securities sold or redeemed during the three months ended March 31, 2018 and 2017 were less than $ 1 million .
Schedule of contractual maturities of fixed-maturity available-for-sale securities	Contractual maturities of fixed-maturity available-for-sale securities at March 31, 2018 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 $ 56 $ 56 Due after 1 year through 5 years 173 177 Due after 5 years through 10 years 29 29 Due after 10 years 121 121 Mortgage-backed, asset-backed, and collateralized securities 104 105 Total $ 483 $ 488
Schedule of fair value of trading securities by type	The fair value of other securities by type was as follows: (dollars in millions) March 31, December 31, Fixed maturity other securities: Corporate debt $ 1 $ 3 Preferred stock * 6 5 Other long-term investments 1 1 Total $ 8 $ 9 * 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.

Related Party Transactions - (T

Related Party Transactions - (Tables)	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The table below sets forth the note receivables from our parent and affiliates. We describe our affiliate lending in Note 11 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. (dollars in millions) Note Balance Interest Income (a) Three Months Ended March 31, March 31, December 31, 2017 2018 2017 SFI Note $ 380 $ 390 $ 6 $ 5 IH Cash Services Note 2,835 2,883 41 45 OMFH Demand Note (b) 1,416 1,215 21 9 Total $ 4,631 $ 4,488 $ 68 $ 59 (a) Reported in interest income on notes receivable from parent and affiliates. The interest rate on notes receivable from parent and affiliates is SFC’s cost of funds rate, which was 5.81% at March 31, 2018 and 6.28% at March 31, 2017 . (b) The maximum amount available increased from $1.6 billion to $2.7 billion effective March 28, 2018.

Long-term Debt (Tables)

Long-term Debt (Tables)	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 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% 3.47 % Remainder of 2018 — — — — 2019 — 700 — 700 2020 — 1,300 — 1,300 2021 — 650 — 650 2022 — 1,000 — 1,000 2023-2067 — 2,425 350 2,775 Securitizations (b) 3,233 — — 3,233 Total principal maturities $ 3,233 $ 6,075 $ 350 $ 9,658 Total carrying amount $ 3,221 $ 5,898 $ 172 $ 9,291 Debt issuance costs (c) $ (12 ) $ (45 ) $ — $ (57 ) (a) The interest rates shown are the range of contractual rates in effect at March 31, 2018 . The interest rate on the UPB of the Junior Subordinated Debenture consists of a variable floating rate (determined quarterly) equal to 3-month LIBOR plus 1.75% , or 3.47% as of March 31, 2018 . (b) Securitizations have a stated maturity date but are not included in the above maturities by period due to their variable monthly repayments, which may result in pay-off prior to the stated maturity date. At March 31, 2018 , 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 $10 million at March 31, 2018 and are reported in other assets.
Schedule of long-term debt instruments	OMH entered into the SFC Base Indenture and the following SFC supplemental indentures, pursuant to which OMH agreed to fully and unconditionally guarantee, on a senior unsecured basis the payments of principal, premium (if any) and interest on the following notes: Guarantee Agreement Date Entered SFC Supplemental Indentures Interest rate March 31, 2018 Outstanding balance (dollars in millions) 6.875% SFC Notes 3/12/2018 SFC Fifth Supplemental Indenture 6.875% $ 1,250 5.625% SFC Notes 12/8/2017 SFC Fourth Supplemental Indenture 5.625% 875 6.125% SFC Notes 5/15/2017 SFC Third Supplemental Indenture 6.125% 1,000 8.25% SFC Notes 4/11/2016 SFC Second Supplemental Indenture 8.25% 1,000 5.25% SFC Notes 12/3/2014 SFC First Supplemental Indenture 5.25% 700

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2018
Variable Interest Entities
Schedule of carrying amounts of consolidated VIE assets and liabilities associated with securitization trusts	Our securitized borrowings at March 31, 2018 consisted of the following: (dollars in millions) Issue Amount (a) Current Current Weighted Average Interest Rate Original Revolving Period Issue Date Maturity Date Consumer Securitizations: SLFT 2015-A $ 1,163 $ 1,053 3.50 % 3 years 02/26/15 11/2024 SLFT 2015-B 314 314 3.78 % 5 years 04/07/15 05/2028 SLFT 2016-A (b) 532 500 3.10 % 2 years 12/14/16 11/2029 SLFT 2017-A (b) 652 619 2.98 % 3 years 06/28/17 07/2030 OMFIT 2018-2 (c) 368 350 3.87 % 5 years 03/19/18 03/2033 Total consumer securitizations 2,836 Auto Securitizations: ODART 2016-1 (b) 754 142 3.19 % — 07/19/16 Various ODART 2017-1 (b) 300 255 2.63 % 1 year 02/01/17 Various Total auto securitizations 397 Total secured structured financings $ 3,233 (a) Issue Amount includes the retained interest amounts as applicable and as noted below while the Current Note Amounts Outstanding balances reflect pay-downs subsequent to note issuance and exclude retained interest amounts. (b) For these borrowings, we describe our consumer and auto securitizations initial retained amounts in Note 13 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our 2017 Annual Report on Form 10-K. (c) OMFIT 2018-2 Securitization. We initially retained approximately $18 million of the asset-backed notes. The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts were as follows: (dollars in millions) March 31, December 31, Assets Cash and cash equivalents $ 2 $ 2 Finance receivables: Personal loans 3,467 3,334 Allowance for finance receivable losses 137 141 Restricted cash and restricted cash equivalents 238 158 Other assets 10 11 Liabilities Long-term debt $ 3,221 $ 3,041 Other liabilities 5 6
Schedule of line of credit facilities	As of March 31, 2018 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Note Maximum Amount Revolving Backed by Loans Acquired from Subsidiaries of Due and Payable (a) First Avenue Funding, LLC $ 250 $ — June 2018 SFC - auto loans (b) Seine River Funding, LLC 500 — December 2019 SFC - personal loans December 2022 Thur River Funding, LLC 350 — June 2020 SFC - personal loans February 2027 Mystic River Funding, LLC 850 — September 2020 SFC - personal loans and auto loans October 2023 Fourth Avenue Auto Funding, LLC 250 — September 2020 SFC - auto loans October 2021 Total $ 2,200 $ — (a) The date following the revolving period that the principal balance of the outstanding loans, if any, will be reduced as cash payments are received on the underlying loans and will be due and payable in full. (b) For First Avenue Funding, LLC, principal amount of the notes, if any, will be reduced as cash payments are received on the underlying direct auto loans and will be due and payable in full 12 months following the maturity of the last direct auto loan held by First Avenue Funding, LLC.

Insurance (Tables)

Insurance (Tables)	3 Months Ended
	Mar. 31, 2018
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) 2018 2017 Balance at beginning of period $ 66 $ 70 Less reinsurance recoverables (20 ) (22 ) Net balance at beginning of period 46 48 Additions for losses and loss adjustment expenses incurred to: Current year 11 17 Prior years * — 1 Total 11 18 Reductions for losses and loss adjustment expenses paid related to: Current year (5 ) (7 ) Prior years (10 ) (11 ) Total (15 ) (18 ) Net balance at end of period 42 48 Plus reinsurance recoverables 20 23 Balance at end of period $ 62 $ 71 * Reflects a shortfall in the prior years’ net reserves of $1 million at March 31, 2017 primarily resulting from increased estimates for claims incurred in prior periods.

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2018
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 Total Accumulated Other Comprehensive Income (Loss) Three Months Ended March 31, 2018 Balance at beginning of period $ 1 $ (1 ) $ — Other comprehensive income before reclassifications (9 ) — (9 ) Balance at end of period $ (8 ) $ (1 ) $ (9 ) Three Months Ended March 31, 2017 Balance at beginning of period $ (3 ) $ (4 ) $ (7 ) Other comprehensive income before reclassifications 2 — 2 Reclassification adjustments from accumulated other comprehensive loss (1 ) — (1 ) Balance at end of period $ (2 ) $ (4 ) $ (6 )

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2018
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 Segment to Consolidated At or for the Three Months Ended March 31, 2018 Interest income $ 322 $ — $ 5 $ 1 $ 328 Interest expense 120 — 5 5 130 Provision for finance receivable losses 80 — (2 ) 3 81 Net interest income after provision for finance receivable losses 122 — 2 (7 ) 117 Other revenues (a) 31 — 66 (2 ) 95 Other expenses 136 1 5 (1 ) 141 Income (loss) before income tax expense (benefit) $ 17 $ (1 ) $ 63 $ (8 ) $ 71 Assets (b) $ 7,467 $ — $ 4,886 $ (4 ) $ 12,349 At or for the Three Months Ended March 31, 2017 Interest income $ 290 $ — $ 6 $ 1 $ 297 Interest expense 104 — 6 17 127 Provision for finance receivable losses 70 — 1 — 71 Net interest income (loss) after provision for finance receivable losses 116 — (1 ) (16 ) 99 Other revenues (a) 49 — 59 (2 ) 106 Other expenses 158 — 4 — 162 Income before income tax expense $ 7 — $ — $ 54 $ (18 ) $ 43 Assets (b) $ 5,452 $ — $ 4,481 $ (67 ) $ 9,866 (a) Other revenues reported in “Other” primarily includes interest income on the Cash Services Note and on SFC’s note receivable from SFI. See Note 8 for further information on the notes receivable from parent and affiliates. (b) 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)	3 Months Ended
	Mar. 31, 2018
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 presents the carrying amounts and estimated fair values of our financial instruments and indicates the level in the fair value hierarchy of the estimated fair value measurement based on the observability of the inputs used: Fair Value Measurements Using Total Total (dollars in millions) Level 1 Level 2 Level 3 March 31, 2018 Assets Cash and cash equivalents $ 1,431 $ — $ — $ 1,431 $ 1,431 Investment securities — 490 1 491 491 Net finance receivables, less allowance for finance receivable losses — — 5,718 5,718 $ 5,227 Finance receivables held for sale — — 134 134 126 Notes receivable from parent and affiliates — 4,631 — 4,631 4,631 Restricted cash and restricted cash equivalents 251 — — 251 251 Other assets (a) — 122 11 133 133 Liabilities Long-term debt $ — $ 9,725 $ — $ 9,725 $ 9,291 Other liabilities (b) — 91 — 91 91 December 31, 2017 Assets Cash and cash equivalents $ 240 $ 4 $ — $ 244 $ 244 Investment securities — 534 2 536 536 Net finance receivables, less allowance for finance receivable losses — — 5,710 5,710 5,202 Finance receivables held for sale — — 139 139 132 Notes receivable from parent and affiliates — 4,488 — 4,488 4,488 Restricted cash and restricted cash equivalents 169 — — 169 169 Other assets (a) — 11 12 23 23 Liabilities Long-term debt $ — $ 8,369 $ — $ 8,369 $ 7,865 Other liabilities (b) — 110 — 110 110 (a) Other assets include receivables from parent and affiliates, escrow advance receivable, and commercial mortgage loans. Total carrying value of receivables from parent and affiliates totaled $122 million at March 31, 2018 and $11 million at December 31, 2017. (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 * March 31, 2018 Assets Cash equivalents in mutual funds $ 1,355 $ — $ — $ 1,355 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 17 — 17 Obligations of states, municipalities, and political subdivisions — 65 — 65 Non-U.S. government and government sponsored entities — 4 — 4 Corporate debt — 293 — 293 RMBS — 38 — 38 CMBS — 23 — 23 CDO/ABS — 43 — 43 Total available-for-sale securities — 483 — 483 Other securities Bonds: Corporate debt — 1 — 1 Total bonds — 1 — 1 Preferred stock — 6 — 6 Other long-term investments — — 1 1 Total other securities — 7 1 8 Total investment securities — 490 1 491 Restricted cash in mutual funds 213 — — 213 Total $ 1,568 $ 490 $ 1 $ 2,059 * Due to the insignificant activity within the Level 3 assets during the three months ended March 31, 2018 , 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. Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 (a) December 31, 2017 Assets Cash equivalents in mutual funds $ 142 $ — $ — $ 142 Cash equivalents in securities — 4 — 4 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 17 — 17 Obligations of states, municipalities, and political subdivisions — 70 — 70 Non-U.S. government and government sponsored entities — 4 — 4 Corporate debt — 324 324 RMBS — 35 — 35 CMBS — 23 — 23 CDO/ABS — 53 — 53 Total available-for-sale securities (b) — 526 — 526 Other securities Bonds: Corporate debt — 3 — 3 Total bonds — 3 — 3 Preferred stock — 5 — 5 Other long-term investments — — 1 1 Total other securities — 8 1 9 Total investment securities — 534 1 535 Restricted cash in mutual funds 159 — — 159 Total $ 301 $ 538 $ 1 $ 840 (a) Due to the insignificant activity within the Level 3 assets during 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 December 31, 2017 , which is carried at cost.

Business and Basis of Present36

Business and Basis of Presentation (Details) - USD ($) $ in Millions	Feb. 21, 2018	Jun. 30, 2018	Mar. 31, 2018	Mar. 31, 2017
Related Party Transaction [Line Items]
Non-cash incentive compensation from Initial Stockholder			$ 4	$ 0
Majority Shareholder
Related Party Transaction [Line Items]
Percent of common stock held by related party			40.50%
OneMain
Related Party Transaction [Line Items]
Non-cash incentive compensation from Initial Stockholder			$ 4
Initial Stockholder and Morgan Stanley & Co. LLC | OneMain
Related Party Transaction [Line Items]
Sale of stock, number of shares issued in transaction (in shares)	4,179,678
Scenario, Forecast | Apollo-Värde Group | OneMain
Related Party Transaction [Line Items]
Sale of stock, number of shares issued in transaction (in shares)		54,937,500

Recent Accounting Pronounceme37

Recent Accounting Pronouncements (Details) $ in Millions	Dec. 31, 2017USD ($)
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Operating leases, future minimum payments due	$ 43

Finance Receivables - Narrative

Finance Receivables - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Finance Receivables
Loans receivable held for sale	$ 126,000,000	$ 132,000,000
Commitments to lend additional funds	$ 0
Unlikely to be Collected Financing Receivable
Finance Receivables
Accrual of finance charges, past due period	60 days
Personal loans
Finance Receivables
Percentage of loans pledged as collateral	56.00%	57.00%
Personal loans | Minimum
Finance Receivables
Finance receivables original term	3 years
Personal loans | Maximum
Finance Receivables
Finance receivables original term	6 years
Retail Sales Finance | Nonperforming
Finance Receivables
Accrual of finance charges, past due period	90 days

Finance Receivables - Component

Finance Receivables - Components of Net Finance Receivables (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Finance Receivables
Gross receivables	$ 5,408	$ 5,381
Unearned points and fees	(65)	(66)
Accrued finance charges	75	79
Deferred origination costs	47	48
Net finance receivables	5,465	5,442
Personal Loans
Finance Receivables
Gross receivables	5,280	5,248
Unearned points and fees	(65)	(66)
Accrued finance charges	74	78
Deferred origination costs	47	48
Net finance receivables	5,336	5,308
Other Receivables
Finance Receivables
Gross receivables	128	133
Unearned points and fees	0	0
Accrued finance charges	1	1
Deferred origination costs	0	0
Net finance receivables	$ 129	$ 134

Finance Receivables - Net Finan

Finance Receivables - Net Finance Receivables by Type and Days Delinquent (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Net finance receivables:
Purchased credit impaired finance receivables	$ 5,465	$ 5,442
Personal Loans
Net finance receivables:
Purchased credit impaired finance receivables	5,336	5,308
Other Receivables
Net finance receivables:
Purchased credit impaired finance receivables	129	134
Performing
Net finance receivables:
Purchased credit impaired finance receivables	5,334	5,308
Performing | Current
Net finance receivables:
Purchased credit impaired finance receivables	5,215	5,167
Performing | 30-59 days past due
Net finance receivables:
Purchased credit impaired finance receivables	70	83
Performing | 60-89 days past due
Net finance receivables:
Purchased credit impaired finance receivables	49	58
Performing | Personal Loans
Net finance receivables:
Purchased credit impaired finance receivables	5,222	5,193
Performing | Personal Loans | Current
Net finance receivables:
Purchased credit impaired finance receivables	5,112	5,063
Performing | Personal Loans | 30-59 days past due
Net finance receivables:
Purchased credit impaired finance receivables	63	75
Performing | Personal Loans | 60-89 days past due
Net finance receivables:
Purchased credit impaired finance receivables	47	55
Performing | Other Receivables
Net finance receivables:
Purchased credit impaired finance receivables	112	115
Performing | Other Receivables | Current
Net finance receivables:
Purchased credit impaired finance receivables	103	104
Performing | Other Receivables | 30-59 days past due
Net finance receivables:
Purchased credit impaired finance receivables	7	8
Performing | Other Receivables | 60-89 days past due
Net finance receivables:
Purchased credit impaired finance receivables	2	3
Nonperforming
Net finance receivables:
Purchased credit impaired finance receivables	131	134
Nonperforming | 90-179 days past due
Net finance receivables:
Purchased credit impaired finance receivables	113
Nonperforming | 180 days or more past due
Net finance receivables:
Purchased credit impaired finance receivables	18
Nonperforming | 90-179 days past due
Net finance receivables:
Purchased credit impaired finance receivables		116
Nonperforming | 180 days or more past due
Net finance receivables:
Purchased credit impaired finance receivables		18
Nonperforming | Personal Loans
Net finance receivables:
Purchased credit impaired finance receivables	114	115
Nonperforming | Personal Loans | 90-179 days past due
Net finance receivables:
Purchased credit impaired finance receivables	110
Nonperforming | Personal Loans | 180 days or more past due
Net finance receivables:
Purchased credit impaired finance receivables	4
Nonperforming | Personal Loans | 90-179 days past due
Net finance receivables:
Purchased credit impaired finance receivables		112
Nonperforming | Personal Loans | 180 days or more past due
Net finance receivables:
Purchased credit impaired finance receivables		3
Nonperforming | Other Receivables
Net finance receivables:
Purchased credit impaired finance receivables	17	19
Nonperforming | Other Receivables | 90-179 days past due
Net finance receivables:
Purchased credit impaired finance receivables	3
Nonperforming | Other Receivables | 180 days or more past due
Net finance receivables:
Purchased credit impaired finance receivables	$ 14
Nonperforming | Other Receivables | 90-179 days past due
Net finance receivables:
Purchased credit impaired finance receivables		4
Nonperforming | Other Receivables | 180 days or more past due
Net finance receivables:
Purchased credit impaired finance receivables		$ 15

Finance Receivables - Purchased

Finance Receivables - Purchased Credit Impaired Finance Receivables (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Finance Receivables
Allowance for purchased credit impaired finance receivable losses	$ 9	$ 9
FA Loans
Finance Receivables
Carrying amount, net of allowance	54	57
Outstanding balance	91	94
Allowance for purchased credit impaired finance receivable losses	9	9
Carrying amount	42	44
Outstanding balance	$ 69	$ 72

Finance Receivables - Changes i

Finance Receivables - Changes in Accretable Yield for Purchased Credit Impaired Finance Receivables (Details) - FA Loans - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	$ 53	$ 60
Accretion	(1)	(1)
Balance at end of period	$ 52	$ 59

Finance Receivables - TDR Finan

Finance Receivables - TDR Finance Receivables (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	$ 262	$ 251
TDR net finance receivables	262	251
Allowance for TDR finance receivable losses	60	56
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	124	112
TDR net finance receivables	123	111
Allowance for TDR finance receivable losses	48	44
Other Receivables
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	138	139
TDR net finance receivables	139	140
Allowance for TDR finance receivable losses	12	12
TDR gross finance receivables	88	90
TDR net finance receivables	$ 89	$ 91

Finance Receivables - TDR Avera

Finance Receivables - TDR Average Net Receivables and Finance Charges Recognized (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables	$ 117	$ 48
TDR finance charges recognized	3	1
Other Receivables
Financing Receivable, Modifications [Line Items]
TDR average net receivables	139	134
TDR finance charges recognized	2	2
TDR average net receivables	90	89
TDR finance charges recognized	1	1
Total
Financing Receivable, Modifications [Line Items]
TDR average net receivables	256	182
TDR finance charges recognized	$ 5	$ 3

Finance Receivables - New Volum

Finance Receivables - New Volume of TDR Finance Receivables (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)account	Mar. 31, 2017USD ($)account
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 35	$ 18
Post-modification TDR net finance receivables	$ 35	$ 17
Number of TDR accounts | account	5,923	2,804
Personal Loans
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 33	$ 15
Post-modification TDR net finance receivables	$ 33	$ 14
Number of TDR accounts | account	5,894	2,740
Other Receivables
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 2	$ 3
Post-modification TDR net finance receivables	$ 2	$ 3
Number of TDR accounts | account	29	64
Rate reduction
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	$ 28	$ 13
Rate reduction | Personal Loans
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	26	10
Rate reduction | Other Receivables
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	2	3
Other
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	7	4
Other | Personal Loans
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	7	4
Other | Other Receivables
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	$ 0	$ 0

Finance Receivables - Net Fin46

Finance Receivables - Net Finance Receivables Modified as TDRs (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)account	Mar. 31, 2017USD ($)account
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 6	$ 3
Number of TDR accounts | account	1,190	585
Real Estate Loans Held for Sale
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 0	$ 0

Allowance for Finance Receiva47

Allowance for Finance Receivable Losses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	$ 240	$ 204
Provision for finance receivable losses	81	71
Charge-offs	(99)	(100)
Recoveries	16	21
Balance at end of period	238	196
Personal Loans
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	216	184
Provision for finance receivable losses	81	70
Charge-offs	(98)	(99)
Recoveries	15	21
Balance at end of period	214	176
Other Receivables
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	24	20
Provision for finance receivable losses		1
Charge-offs	(1)	(1)
Recoveries	1
Balance at end of period	$ 24	$ 20

Allowance for Finance Receiva48

Allowance for Finance Receivable Losses - by Type and by Impairment Method (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Allowance for finance receivable losses:
Collectively evaluated for impairment	$ 169	$ 175
Purchased credit impaired finance receivables	9	9
TDR finance receivables	60	56
Total	238	240	$ 196	$ 204
Finance receivables:
Collectively evaluated for impairment	5,271	5,260
Purchased credit impaired finance receivables	5,465	5,442
TDR finance receivables	$ 173	$ 160
Allowance for finance receivable losses as a percentage of finance receivables	4.36%	4.41%
Purchased credit impaired finance receivables
Finance receivables:
Purchased credit impaired finance receivables	$ 21	$ 22
Personal Loans
Allowance for finance receivable losses:
Collectively evaluated for impairment	166	172
Purchased credit impaired finance receivables	0	0
TDR finance receivables	48	44
Total	214	216	176	184
Finance receivables:
Collectively evaluated for impairment	5,213	5,197
Purchased credit impaired finance receivables	5,336	5,308
TDR finance receivables	$ 123	$ 111
Allowance for finance receivable losses as a percentage of finance receivables	4.02%	4.06%
Personal Loans | Purchased credit impaired finance receivables
Finance receivables:
Purchased credit impaired finance receivables	$ 0	$ 0
Other Receivables
Allowance for finance receivable losses:
Collectively evaluated for impairment	3	3
Purchased credit impaired finance receivables	9	9
TDR finance receivables	12	12
Total	24	24	$ 20	$ 20
Finance receivables:
Collectively evaluated for impairment	58	63
Purchased credit impaired finance receivables	129	134
TDR finance receivables	$ 50	$ 49
Allowance for finance receivable losses as a percentage of finance receivables	18.72%	18.27%
Other Receivables | Purchased credit impaired finance receivables
Finance receivables:
Purchased credit impaired finance receivables	$ 21	$ 22

Finance Receivables Held for 49

Finance Receivables Held for Sale (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Receivables Held-for-sale [Abstract]
Loans receivable held for sale	$ 126	$ 132

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Total	$ 488	$ 524
Unrealized Gains	3	4
Unrealized Losses	(8)	(2)
Fair Value	483	526
U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Total	17	17
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	17	17
Obligations of states, municipalities, and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Total	66	70
Unrealized Gains	0	0
Unrealized Losses	(1)	0
Fair Value	65	70
Non-U.S. government and government sponsored entities
Schedule of Available-for-sale Securities [Line Items]
Total	4	4
Unrealized Gains	0	0
Unrealized Losses	0
Fair Value	4	4
Corporate debt
Schedule of Available-for-sale Securities [Line Items]
Total	296	322
Unrealized Gains	3	4
Unrealized Losses	(6)	(2)
Fair Value	293	324
RMBS
Schedule of Available-for-sale Securities [Line Items]
Total	39	35
Unrealized Gains	0	0
Unrealized Losses	(1)	0
Fair Value	38	35
CMBS
Schedule of Available-for-sale Securities [Line Items]
Total	23	23
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	23	23
CDO/ABS
Schedule of Available-for-sale Securities [Line Items]
Total	43	53
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	$ 43	$ 53

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) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Fair Value
Less Than 12 Months	$ 259,000,000	$ 218,000,000
12 Months or Longer	121,000,000	119,000,000
Total	380,000,000	337,000,000
Unrealized Losses
Less Than 12 Months	(5,000,000)	(1,000,000)
12 Months or Longer	(3,000,000)	(1,000,000)
Total	(8,000,000)	(2,000,000)
Maximum disclosure of unrealized losses on certain available-for-sale securities	1,000,000
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	8,000,000	13,000,000
12 Months or Longer	8,000,000	1,000,000
Total	16,000,000	14,000,000
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	0	0
Total	0	0
Obligations of states, municipalities, and political subdivisions
Fair Value
Less Than 12 Months	39,000,000	35,000,000
12 Months or Longer	12,000,000	12,000,000
Total	51,000,000	47,000,000
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	(1,000,000)	0
Total	(1,000,000)	0
Non-U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	3,000,000
12 Months or Longer	0
Total	3,000,000
Unrealized Losses
Less Than 12 Months	0
12 Months or Longer	0
Total	0
Corporate debt
Fair Value
Less Than 12 Months	159,000,000	120,000,000
12 Months or Longer	64,000,000	69,000,000
Total	223,000,000	189,000,000
Unrealized Losses
Less Than 12 Months	(4,000,000)	(1,000,000)
12 Months or Longer	(2,000,000)	(1,000,000)
Total	(6,000,000)	(2,000,000)
RMBS
Fair Value
Less Than 12 Months	17,000,000	14,000,000
12 Months or Longer	12,000,000	12,000,000
Total	29,000,000	26,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)	0
12 Months or Longer	0	0
Total	(1,000,000)	0
CMBS
Fair Value
Less Than 12 Months	6,000,000	6,000,000
12 Months or Longer	15,000,000	15,000,000
Total	21,000,000	21,000,000
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	0	0
Total	0	0
CDO/ABS
Fair Value
Less Than 12 Months	27,000,000	30,000,000
12 Months or Longer	10,000,000	10,000,000
Total	37,000,000	40,000,000
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	0	0
Total	$ 0	$ 0

Investment Securities - Narrati

Investment Securities - Narrative (Details)	Mar. 31, 2018USD ($)investment	Dec. 31, 2017USD ($)investment	Mar. 31, 2017USD ($)
Schedule of Available-for-sale Securities [Line Items]
Number of securities in an unrealized loss position | investment	251	212
Accumulated other comprehensive income (loss), other than temporary impairment, not credit loss, net of tax, available-for-sale, debt securities	$ 0		$ 0
Insurance Regulatory Authorities Bonds on Deposit
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities	$ 4,000,000	$ 8,000,000

Investment Securities - Proceed

Investment Securities - Proceeds From AFS Securities Sold or Redeemed (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Available-for-sale securities sold or redeemed
Proceeds from sales and redemptions	$ 39	$ 51
Net realized gains	$ 0	2
Realized losses		$ 1

Investment Securities - Contrac

Investment Securities - Contractual Maturities (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Fair Value
Due in 1 year or less	$ 56
Due after 1 year through 5 years	173
Due after 5 years through 10 years	29
Due after 10 years	121
Mortgage-backed, asset-backed, and collateralized securities	104
Total	483	$ 526
Amortized Cost
Due in 1 year or less	56
Due after 1 year through 5 years	177
Due after 5 years through 10 years	29
Due after 10 years	121
Mortgage-backed, asset-backed, and collateralized securities	105
Total	$ 488	$ 524

Investment Securities - Trading

Investment Securities - Trading and Other Securities (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Trading securities
Other long-term investments	$ 1	$ 1
Total	8	9
Corporate debt
Trading securities
Corporate debt	1	3
Preferred stock
Trading securities
Trading securities, equity	$ 6	$ 5

Transactions with Affiliates -

Transactions with Affiliates - (Details)	Feb. 12, 2018
Related Party Transactions [Abstract]
Business combination, consideration transferred, percentage of shares held by acquiree, minimum	50.00%

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Notes Receivable (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 28, 2018	Mar. 27, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Notes receivables from parent and affiliates	$ 4,631,000,000				$ 4,488,000,000
Interest rates (as a percent)	5.81%				6.28%
Affiliated Entity
Related Party Transaction [Line Items]
Notes receivables from parent and affiliates	$ 4,631,000,000				$ 4,488,000,000
Interest Income	68,000,000	$ 59,000,000
SFI Note | Affiliated Entity
Related Party Transaction [Line Items]
Notes receivables from parent and affiliates	380,000,000				390,000,000
Interest Income	6,000,000	5,000,000
IH Cash Services Note | Affiliated Entity
Related Party Transaction [Line Items]
Notes receivables from parent and affiliates	2,835,000,000				2,883,000,000
Interest Income	41,000,000	45,000,000
OMFH Demand Note | Affiliated Entity
Related Party Transaction [Line Items]
Notes receivables from parent and affiliates	1,416,000,000				$ 1,215,000,000
Interest Income	$ 21,000,000	$ 9,000,000
Note Maximum Balance			$ 2,700,000,000	$ 1,600,000,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Related Party Transaction [Line Items]
Interest rates (as a percent)	5.81%		6.28%
Note receivable from SFI	$ 4,631,000,000		$ 4,488,000,000
Due from affiliates	122,000,000		11,000,000
Long-term debt	9,291,000,000		7,865,000,000
Affiliated Entity
Related Party Transaction [Line Items]
Note receivable from SFI	4,631,000,000		4,488,000,000
OneMain Consumer Loan, Inc.
Related Party Transaction [Line Items]
Loan processing fee per underwritten approved application	35
OneMain Financial Holdings, Inc. | OMFH revolving demand note, OneMain Acquisition closing | OneMain Financial Holdings, Inc.
Related Party Transaction [Line Items]
Related party transaction note receivable maximum borrowing capacity	750,000,000
Services Agreement | Springleaf Finance Corporation | Affiliated Entity
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	71,000,000	$ 59,000,000
Intercompany Agreements | Affiliated Entity | OneMain
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	3,000,000	3,000,000
Revenue from related parties	4,000,000	3,000,000
Intercompany Agreements | Springleaf Finance Management Corporation | Affiliated Entity | Springleaf Consumer Loan, Inc. (SCLI)
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	5,000,000	5,000,000
Insurance Claims | OneMain Insurance Subsidiaries
Related Party Transaction [Line Items]
Accounts payable, related parties	16,000,000		22,000,000
Accounts receivable, related parties	1,000,000		4,000,000
Home and Auto Membership Plan Fees | OneMain Insurance Subsidiaries
Related Party Transaction [Line Items]
Accounts payable, related parties	3,000,000		$ 2,000,000
Loan Purchase and Sale Agreements | OneMain Consumer Loan, Inc. | Affiliated Entity
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	1,000,000	1,000,000
Loan sales	0	0
Medium Term Notes | OneMain Assurance Services, LLC
Related Party Transaction [Line Items]
Note receivable from SFI	10,000,000
Due from affiliates	10,000,000
Medium Term Notes | OneMain Assurance Services, LLC | OneMain Assurance Services, LLC
Related Party Transaction [Line Items]
Long-term debt	9,000,000
Other assets
Related Party Transaction [Line Items]
Note receivable from SFI	122,000,000	11,000,000
Other liabilities
Related Party Transaction [Line Items]
Notes payable, related parties	$ 91,000,000	$ 110,000,000

Long-term Debt (Details)

Long-term Debt (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Interest rates (as a percent)	5.81%	6.28%
Principal maturities of long-term debt by type of debt
Remainder of 2018	$ 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	2,775,000,000
Securitizations	3,233,000,000
Total principal maturities	9,658,000,000
Total carrying amount	9,291,000,000	$ 7,865,000,000
Debt issuance costs	$ (57,000,000)
Junior Subordinated Debt
Debt Instrument [Line Items]
Interest rates (as a percent)	3.47%
Principal maturities of long-term debt by type of debt
Remainder of 2018	$ 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
Senior Debt | Securitizations
Principal maturities of long-term debt by type of debt
Remainder of 2018	0
2,019	0
2,020	0
2,021	0
2,022	0
2023-2067	0
Securitizations	3,233,000,000
Total principal maturities	3,233,000,000
Total carrying amount	3,221,000,000
Debt issuance costs	(12,000,000)
Senior Debt | Medium Term Notes
Principal maturities of long-term debt by type of debt
Remainder of 2018	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	2,425,000,000
Securitizations	0
Total principal maturities	6,075,000,000
Total carrying amount	5,898,000,000
Debt issuance costs	$ (45,000,000)
Junior Subordinated Debenture | Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
Effective interest rate	3.47%
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 Debenture | Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
Basis spread on interest rate	1.75%
Consolidated VIEs
Principal maturities of long-term debt by type of debt
Total carrying amount	$ 3,200,000,000	$ 3,000,000,000
Amount Drawn	0
Other assets | Senior Debt | Revolving Credit Facility
Principal maturities of long-term debt by type of debt
Debt issuance costs	$ 10,000,000

Long-term Debt - SFC'S Offering

Long-term Debt - SFC'S Offering Senior Notes Due 2025 (Details) - USD ($)	Mar. 31, 2018	Mar. 12, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Interest rates (as a percent)	5.81%		6.28%
Springleaf Finance Corporation | 6.875% SFC Notes
Debt Instrument [Line Items]
Face amount of each issuance of debt		$ 1,250,000,000

Long-term Debt - Guaranty Agree

Long-term Debt - Guaranty Agreements (Details) - USD ($) $ in Millions	Mar. 31, 2018	Mar. 12, 2018	Dec. 31, 2017	Dec. 30, 2013
Debt Instrument [Line Items]
Interest rates (as a percent)	5.81%		6.28%
Outstanding balance	$ 9,658
Senior Notes
Debt Instrument [Line Items]
Outstanding balance	1,600
Guarantee Agreement | Parent Company | 8.25% SFC Notes
Debt Instrument [Line Items]
Outstanding balance	$ 1,000
Guarantee Agreement | Parent Company | 5.25% SFC Notes
Debt Instrument [Line Items]
Interest rates (as a percent)	5.25%
Outstanding balance	$ 700
Guarantee Agreement | Parent Company | 8.250% Senior Notes due 2023
Debt Instrument [Line Items]
Interest rates (as a percent)				8.25%
Guarantee Agreement | Parent Company | 7.750% Senior Notes due 2021
Debt Instrument [Line Items]
Interest rates (as a percent)				7.75%
Guarantee Agreement | Parent Company | 6.00% Senior Notes due 2020
Debt Instrument [Line Items]
Interest rates (as a percent)				6.00%
6.875% SFC Notes | Senior Notes
Debt Instrument [Line Items]
Interest rates (as a percent)		6.875%
6.875% SFC Notes | Guarantee Agreement | Parent Company
Debt Instrument [Line Items]
Outstanding balance	$ 1,250
6.875% SFC Notes | Guarantee Agreement | Parent Company | Senior Notes
Debt Instrument [Line Items]
Interest rates (as a percent)	6.875%
5.625% SFC Notes | Guarantee Agreement | Parent Company
Debt Instrument [Line Items]
Outstanding balance	$ 875
5.625% SFC Notes | Guarantee Agreement | Parent Company | Senior Notes
Debt Instrument [Line Items]
Interest rates (as a percent)	5.625%
6.125% SFC Notes | Guarantee Agreement | Parent Company
Debt Instrument [Line Items]
Outstanding balance	$ 1,000
6.125% SFC Notes | Guarantee Agreement | Parent Company | Senior Notes
Debt Instrument [Line Items]
Interest rates (as a percent)	6.125%
Springleaf Finance Corporation | Guarantee Agreement | Parent Company | 8.25% SFC Notes
Debt Instrument [Line Items]
Interest rates (as a percent)	8.25%

Variable Interest Entities (Det

Variable Interest Entities (Details) - Consolidated VIEs - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Cash and cash equivalents
Variable Interest Entities
Assets	$ 2	$ 2
Finance receivables: | Personal Loans
Variable Interest Entities
Assets	3,467	3,334
Allowance for finance receivable losses
Variable Interest Entities
Assets	137	141
Restricted cash and restricted cash equivalents
Variable Interest Entities
Assets	238	158
Other assets
Variable Interest Entities
Assets	10	11
Long-term debt
Variable Interest Entities
Liabilities	3,221	3,041
Other liabilities
Variable Interest Entities
Liabilities	$ 5	$ 6

Variable Interest Entities -- S

Variable Interest Entities -- Securitized Borrowing (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 19, 2018	Dec. 31, 2017
Variable Interest Entity [Line Items]
Total carrying amount	$ 9,291,000,000		$ 7,865,000,000
Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	3,200,000,000		$ 3,000,000,000
Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	2,836,000,000
Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	397,000,000
Total secured structured financings | Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	$ 3,233,000,000
SLFT 2015-A | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	3 years
Issue Amount	$ 1,163,000,000
Total carrying amount	$ 1,053,000,000
Current Weighted Average Interest Rate	3.50%
SLFT 2015-B | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	5 years
Issue Amount	$ 314,000,000
Total carrying amount	$ 314,000,000
Current Weighted Average Interest Rate	3.78%
SLFT 2016-A | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	2 years
Issue Amount	$ 532,000,000
Total carrying amount	$ 500,000,000
Current Weighted Average Interest Rate	3.10%
SLFT 2017-A | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	3 years
Issue Amount	$ 652,000,000
Total carrying amount	$ 619,000,000
Current Weighted Average Interest Rate	2.98%
OMFIT 2018-2 | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	5 years
Issue Amount	$ 368,000,000
Total carrying amount	$ 350,000,000
Current Weighted Average Interest Rate	3.87%
Continuing involvement with transferred financial assets, principal amount outstanding		$ 18,000,000
ODART 2016-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	0 years
Issue Amount	$ 754,000,000
Total carrying amount	$ 142,000,000
Current Weighted Average Interest Rate	3.19%
ODART 2017-1 | Auto Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	1 year
Issue Amount	$ 300,000,000
Total carrying amount	$ 255,000,000
Current Weighted Average Interest Rate	2.63%
Minimum | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	1 year
Maximum | Consumer Securitizations: | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	5 years
Line of credit facility, amount of principal payment required during revolving period	$ 0

Variable Interest Entities -- R

Variable Interest Entities -- Revolving Conduit Facilities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Variable Interest Entity [Line Items]
Interest expense	$ 130,000,000	$ 127,000,000
Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	2,200,000,000
Amount Drawn	0
Interest expense	30,000,000	$ 27,000,000
First Avenue Funding, LLC | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	250,000,000
Amount Drawn	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
Amount Drawn	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
Amount Drawn	0
Mystic River Funding, LLC | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	850,000,000
Amount Drawn	0
Fourth Avenue Auto Funding, LLC | Asset-backed Securities, Securitized Loans and Receivables | Consolidated VIEs
Variable Interest Entity [Line Items]
Note Maximum Balance	250,000,000
Amount Drawn	$ 0

Insurance - Change in Reserve f

Insurance - Change in Reserve for Unpaid Claims and Loss Adjustment (Details 2) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance at beginning of period	$ 66	$ 70
Less reinsurance recoverables	(20)	(22)
Net balance at beginning of period	46	48
Additions for losses and loss adjustment expenses incurred to:
Current year	11	17
Prior years	0	1
Total	11	18
Reductions for losses and loss adjustment expenses paid related to:
Current year	(5)	(7)
Prior years	(10)	(11)
Total	(15)	(18)
Net balance at end of period	42	48
Plus reinsurance recoverables	20	23
Balance at end of period	62	71
Prior years net reserves (less than)	$ 0	$ 1

Accumulated Other Comprehensi66

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other comprehensive income before reclassifications	$ (9)	$ 2
Reclassification adjustments from accumulated other comprehensive income (loss)	0	(1)
Unrealized Gains (Losses) Available-for-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	1	(3)
Other comprehensive income before reclassifications	(9)	2
Reclassification adjustments from accumulated other comprehensive income (loss)		(1)
Balance at end of period	(8)	(2)
Retirement Plan Liabilities Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(1)	(4)
Other comprehensive income before reclassifications	0	0
Reclassification adjustments from accumulated other comprehensive income (loss)		0
Balance at end of period	(1)	(4)
Total Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	0	(7)
Balance at end of period	$ (9)	$ (6)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Net deferred tax liabilities	$ 25		$ 24
Effective income tax rate (as a percent)	24.70%	37.60%
Income tax penalties and interest accrued	$ 11		$ 11

Contingencies - Sale Recourse (

Contingencies - Sale Recourse (Details) $ in Millions	Mar. 31, 2018USD ($)request
Commitments and Contingencies Disclosure [Abstract]
Finance receivables reserve for sales recourse obligations | $	$ 7
Number of material unresolved recourse requests | request	0

Segment Information - Narrative

Segment Information - Narrative (Details)	3 Months Ended
	Mar. 31, 2018segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Interest income	$ 328	$ 297
Interest expense	130	127
Provision for finance receivable losses	81	71
Net interest income after provision for finance receivable losses	117	99
Other revenues	95	106
Other expenses	141	162
Income before income taxes	71	43
Assets	12,349	9,866	$ 10,824
Operating Segments | Consumer and Insurance
Segment Reporting Information [Line Items]
Interest income	322	290
Interest expense	120	104
Provision for finance receivable losses	80	70
Net interest income after provision for finance receivable losses	122	116
Other revenues	31	49
Other expenses	136	158
Income before income taxes	17	7
Assets	7,467	5,452
Operating Segments | Acquisitions and Servicing
Segment Reporting Information [Line Items]
Interest income	0	0
Interest expense	0	0
Provision for finance receivable losses	0	0
Net interest income after provision for finance receivable losses	0	0
Other revenues	0	0
Other expenses	1	0
Income before income taxes	(1)	0
Assets	0	0
Other
Segment Reporting Information [Line Items]
Interest income	5	6
Interest expense	5	6
Provision for finance receivable losses	(2)	1
Net interest income after provision for finance receivable losses	2	(1)
Other revenues	66	59
Other expenses	5	4
Income before income taxes	63	54
Assets	4,886	4,481
Segment to GAAP Adjustment
Segment Reporting Information [Line Items]
Interest income	1	1
Interest expense	5	17
Provision for finance receivable losses	3	0
Net interest income after provision for finance receivable losses	(7)	(16)
Other revenues	(2)	(2)
Other expenses	(1)	0
Income before income taxes	(8)	(18)
Assets	$ (4)	$ (67)

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Assets
Notes receivables from parent and affiliates	$ 4,631	$ 4,488
Restricted cash and restricted cash equivalents	251	169	$ 192
Liabilities
Due from affiliates	122	11
Total Fair Value
Assets
Cash and cash equivalents	1,431	244
Investment securities	491	536
Net finance receivables, less allowance for finance receivable losses	5,718	5,710
Finance receivables held for sale	134	139
Notes receivables from parent and affiliates	4,631	4,488
Restricted cash and restricted cash equivalents	251	169
Other assets	133	23
Liabilities
Long-term debt	9,725	8,369
Other liabilities	91	110
Total Carrying Value
Assets
Cash and cash equivalents	1,431	244
Investment securities	491	536
Net finance receivables, less allowance for finance receivable losses	5,227	5,202
Finance receivables held for sale		132
Notes receivables from parent and affiliates	4,631	4,488
Restricted cash and restricted cash equivalents	251	169
Other assets	133	23
Liabilities
Long-term debt	9,291	7,865
Other liabilities	91	110
Level 1
Assets
Cash and cash equivalents	1,431	240
Investment securities	0	0
Net finance receivables, less allowance for finance receivable losses	0	0
Finance receivables held for sale	0	0
Notes receivables from parent and affiliates	0	0
Restricted cash and restricted cash equivalents	251	169
Other assets	0	0
Liabilities
Long-term debt	0	0
Other liabilities	0	0
Level 2
Assets
Cash and cash equivalents	0	4
Investment securities	490	534
Net finance receivables, less allowance for finance receivable losses	0	0
Finance receivables held for sale	0	0
Notes receivables from parent and affiliates	4,631	4,488
Restricted cash and restricted cash equivalents	0	0
Other assets	122	11
Liabilities
Long-term debt	9,725	8,369
Other liabilities	91	110
Level 3
Assets
Cash and cash equivalents	0	0
Investment securities	1	2
Net finance receivables, less allowance for finance receivable losses	5,718	5,710
Finance receivables held for sale	134	139
Notes receivables from parent and affiliates	0	0
Restricted cash and restricted cash equivalents	0	0
Other assets	11	12
Liabilities
Long-term debt	0	0
Other liabilities	$ 0	$ 0

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Basis (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Investment securities:
Other securities	$ 8	$ 9
Total investment securities	491	536
Total Carried At Fair Value
Assets
Cash equivalents in securities	1,431	244
Not carried at fair value | Common Stock
Investment securities:
Available-for-sale securities		1
Level 1
Assets
Cash equivalents in securities	1,431	240
Level 2
Assets
Cash equivalents in securities	0	4
Level 3
Assets
Cash equivalents in securities	0	0
Recurring basis
Investment securities:
Other securities	8
Recurring basis | Preferred stock
Investment securities:
Trading securities, equity	6	5
Recurring basis | Other long-term investments
Investment securities:
Trading securities, equity	1
Recurring basis | Common Stock
Investment securities:
Trading securities, equity		1
Recurring basis | Total Carried At Fair Value
Assets
Cash equivalents in mutual funds	1,355	142
Investment securities:
Available-for-sale securities	483
Other securities		9
Total investment securities	491	535
Restricted cash in mutual funds	213	159
Total	2,059	840
Recurring basis | Total Carried At Fair Value | U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	17	17
Recurring basis | Total Carried At Fair Value | Obligations of states, municipalities, and political subdivisions
Investment securities:
Available-for-sale securities	65	70
Recurring basis | Total Carried At Fair Value | Non-U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	4	4
Recurring basis | Total Carried At Fair Value | Corporate debt
Investment securities:
Available-for-sale securities	293	324
Other securities	1	3
Recurring basis | Total Carried At Fair Value | RMBS
Investment securities:
Available-for-sale securities	38	35
Recurring basis | Total Carried At Fair Value | CMBS
Investment securities:
Available-for-sale securities	23	23
Recurring basis | Total Carried At Fair Value | CDO/ABS
Investment securities:
Available-for-sale securities	43	53
Recurring basis | Total Carried At Fair Value | Total bonds
Investment securities:
Available-for-sale securities		526
Other securities	1	3
Recurring basis | Level 1
Assets
Cash equivalents in mutual funds	1,355	142
Investment securities:
Available-for-sale securities	0
Other securities	0	0
Total investment securities	0	0
Restricted cash in mutual funds	213	159
Total	1,568	301
Recurring basis | Level 1 | U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 1 | Obligations of states, municipalities, and political subdivisions
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 1 | Non-U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 1 | Corporate debt
Investment securities:
Available-for-sale securities	0	0
Other securities	0	0
Recurring basis | Level 1 | RMBS
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 1 | CMBS
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 1 | CDO/ABS
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 1 | Total bonds
Investment securities:
Available-for-sale securities		0
Other securities	0	0
Recurring basis | Level 1 | Preferred stock
Investment securities:
Trading securities, equity	0	0
Recurring basis | Level 1 | Other long-term investments
Investment securities:
Trading securities, equity	0
Recurring basis | Level 1 | Common Stock
Investment securities:
Trading securities, equity		0
Recurring basis | Level 2
Assets
Cash equivalents in mutual funds	0	0
Investment securities:
Available-for-sale securities	483
Other securities	7	8
Total investment securities	490	534
Restricted cash in mutual funds	0	0
Total	490	538
Recurring basis | Level 2 | U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	17	17
Recurring basis | Level 2 | Obligations of states, municipalities, and political subdivisions
Investment securities:
Available-for-sale securities	65	70
Recurring basis | Level 2 | Non-U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	4	4
Recurring basis | Level 2 | Corporate debt
Investment securities:
Available-for-sale securities	293	324
Other securities	1	3
Recurring basis | Level 2 | RMBS
Investment securities:
Available-for-sale securities	38	35
Recurring basis | Level 2 | CMBS
Investment securities:
Available-for-sale securities	23	23
Recurring basis | Level 2 | CDO/ABS
Investment securities:
Available-for-sale securities	43	53
Recurring basis | Level 2 | Total bonds
Investment securities:
Available-for-sale securities		526
Other securities	1	3
Recurring basis | Level 2 | Preferred stock
Investment securities:
Trading securities, equity	6	5
Recurring basis | Level 2 | Other long-term investments
Investment securities:
Trading securities, equity	0
Recurring basis | Level 2 | Common Stock
Investment securities:
Trading securities, equity		0
Recurring basis | Level 3
Assets
Cash equivalents in mutual funds	0	0
Investment securities:
Available-for-sale securities	0
Other securities	1	1
Total investment securities	1	1
Restricted cash in mutual funds	0	0
Total	1	1
Recurring basis | Level 3 | U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 3 | Obligations of states, municipalities, and political subdivisions
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 3 | Non-U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 3 | Corporate debt
Investment securities:
Available-for-sale securities	0
Other securities	0	0
Recurring basis | Level 3 | RMBS
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 3 | CMBS
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 3 | CDO/ABS
Investment securities:
Available-for-sale securities	0	0
Recurring basis | Level 3 | Total bonds
Investment securities:
Available-for-sale securities		0
Other securities	0	0
Recurring basis | Level 3 | Preferred stock
Investment securities:
Trading securities, equity	0	0
Recurring basis | Level 3 | Other long-term investments
Investment securities:
Trading securities, equity	$ 1
Recurring basis | Level 3 | Common Stock
Investment securities:
Trading securities, equity		1
Cash equivalents in securities | Recurring basis | Total Carried At Fair Value
Assets
Cash equivalents in securities		4
Cash equivalents in securities | Recurring basis | Level 1
Assets
Cash equivalents in securities		0
Cash equivalents in securities | Recurring basis | Level 2
Assets
Cash equivalents in securities		4
Cash equivalents in securities | Recurring basis | Level 3
Assets
Cash equivalents in securities		$ 0