Onemain Finance 10-Q 3 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 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	Jun. 30, 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 (in shares)		10,160,021
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 520	$ 958
Investment securities	1,720	1,697
Net finance receivables:
Personal loans (includes loans of consolidated VIEs of $9.1 billion in 2018 and $9.8 billion in 2017)	15,341	14,775
Other receivables	124	134
Net finance receivables	15,465	14,909
Unearned insurance premium and claim reserves	(611)	(590)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $459 million in 2018 and $465 million in 2017)	(698)	(692)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	14,156	13,627
Finance receivables held for sale	123	132
Notes receivables from parent	316	391
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $569 million in 2018 and $482 million in 2017)	586	498
Goodwill	1,422	1,422
Other intangible assets	407	439
Other assets	528	481
Total assets	19,778	19,645
Liabilities and Shareholder's Equity
Long-term debt (includes debt of consolidated VIEs of $8.1 billion in 2018 and $8.7 billion in 2017)	15,054	15,050
Insurance claims and policyholder liabilities	690	737
Deferred and accrued taxes	3	46
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and 2017)	411	410
Total liabilities	16,158	16,243
Commitments and contingent liabilities (Note 15)
Shareholder's equity:
Common stock, par value $.50 per share; 25,000,000 shares authorized, 10,160,021 shares issued and outstanding at June 30, 2018 and December 31, 2017	5	5
Additional paid-in capital	2,020	1,909
Accumulated other comprehensive income (loss)	(26)	6
Retained earnings	1,621	1,482
Total shareholder's equity	3,620	3,402
Total liabilities and shareholder's equity	$ 19,778	$ 19,645

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Personal loans	$ 15,341	$ 14,775
Allowance for finance receivable losses	698	692
Restricted cash and restricted cash equivalents	586	498
Long-term debt (includes debt of consolidated VIEs of $8.1 billion in 2018 and $8.7 billion in 2017)	15,054	15,050
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and 2017)	$ 411	$ 410
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	$ 459	$ 465
Restricted cash and restricted cash equivalents	569	482
Long-term debt (includes debt of consolidated VIEs of $8.1 billion in 2018 and $8.7 billion in 2017)	8,100	8,700
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and 2017)	14	14
Personal loans
Allowance for finance receivable losses	674	668
Personal loans | Consolidated VIEs
Personal loans	$ 9,100	$ 9,800

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Interest income:
Finance charges	$ 899	$ 768	$ 1,756	$ 1,521
Finance receivables held for sale originated as held for investment	3	4	6	7
Total interest income	902	772	1,762	1,528
Interest expense	220	203	420	405
Net interest income	682	569	1,342	1,123
Provision for finance receivable losses	259	233	512	476
Net interest income after provision for finance receivable losses	423	336	830	647
Other revenues:
Insurance	107	104	212	207
Investment	19	20	32	39
Interest income on notes receivable from parent	5	5	10	10
Net loss on repurchases and repayments of debt	(7)	(27)	(8)	(28)
Other	14	15	23	24
Total other revenues	138	117	269	252
Operating expenses:
Salaries and benefits	287	178	467	354
Acquisition-related transaction and integration expenses	28	14	39	37
Other operating expenses	140	148	271	305
Insurance policy benefits and claims	51	46	96	91
Total other expenses	506	386	873	787
Income (loss) before income tax expense (benefit)	55	67	226	112
Income taxes	43	20	84	38
Net income	$ 12	$ 47	$ 142	$ 74

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 12	$ 47	$ 142	$ 74
Other comprehensive income (loss):
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	(13)	10	(37)	20
Retirement plan liability adjustments	0	4	0	4
Foreign currency translation adjustments	(2)	4	(5)	4
Income tax effect:
Net unrealized gains (losses) on non-credit impaired available-for-sale securities	6	(4)	7	(7)
Retirement plan liability adjustments	2	(1)	1	(1)
Foreign currency translation adjustments	(2)	(2)	(1)	(2)
Other comprehensive income (loss), net of tax, before reclassification adjustments	(9)	11	(35)	18
Reclassification adjustments included in net income:
Net realized gains on available-for-sale securities	0	(4)	0	(8)
Income tax effect:
Net realized gains on available -for-sale securities	0	1	0	2
Reclassification adjustments included in net income, net of tax	0	(3)	0	(6)
Other comprehensive income (loss), net of tax	(9)	8	(35)	12
Comprehensive income	$ 3	$ 55	$ 107	$ 86

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	$ 3,273	$ 5	$ 1,906	$ (6)	$ 1,368
Increase (Decrease) in Shareholders' Equity
Share-based compensation expense, net of forfeitures	3		3
Withholding tax on share-based compensation	(2)		(2)
Other comprehensive income (loss)	12			12
Dividend of SFMC to SFI	(38)				(38)
Net income	74				74
Balance at end of period at Jun. 30, 2017	3,322	5	1,907	6	1,404
Balance at beginning of period at Mar. 31, 2017				(2)
Increase (Decrease) in Shareholders' Equity
Net income	47
Balance at end of period at Jun. 30, 2017	3,322	5	1,907	6	1,404
Balance at beginning of period at Dec. 31, 2017	3,402	5	1,909	6	1,482
Balance at end of period at Mar. 31, 2018				(20)
Balance at beginning of period at Dec. 31, 2017	3,402	5	1,909	6	1,482
Increase (Decrease) in Shareholders' Equity
Non-cash incentive compensation from SFH	110		110
Share-based compensation expense, net of forfeitures	2		2
Withholding tax on share-based compensation	(1)		(1)
Other comprehensive income (loss)	(35)			(35)
Impact of AOCI reclassification due to the Tax Act	0			3	(3)
Net income	142				142
Balance at end of period at Jun. 30, 2018	3,620	5	2,020	(26)	1,621
Balance at beginning of period at Mar. 31, 2018				(20)
Increase (Decrease) in Shareholders' Equity
Impact of AOCI reclassification due to the Tax Act				3
Net income	12
Balance at end of period at Jun. 30, 2018	$ 3,620	$ 5	$ 2,020	$ (26)	$ 1,621

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities
Net income	$ 142	$ 74
Reconciling adjustments:
Provision for finance receivable losses	512	476
Depreciation and amortization	125	172
Deferred income tax charge (benefit)	10	(19)
Net loss on repurchases and repayments of debt	8	28
Non-cash incentive compensation from SFH	110	0
Share-based compensation expense, net of forfeitures	2	3
Other	8	0
Cash flows due to changes in other assets and other liabilities	(68)	87
Net cash provided by operating activities	849	821
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale	(1,116)	(875)
Cash advances on intercompany notes receivables	(29)	(206)
Proceeds from repayments of principal on intercompany notes receivables	101	110
Available-for-sale securities purchased	(394)	(351)
Available-for-sale securities called, sold, and matured	280	382
Trading and other securities called, sold, and matured	20	6
Other, net	(24)	4
Net cash provided by (used for) investing activities	(1,162)	(930)
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions	3,739	2,633
Repayment of long-term debt	(3,776)	(2,254)
Cash dividend of SFMC	0	(10)
Withholding tax on share-based compensation	1	2
Net cash provided by (used for) financing activities	(38)	367
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents	(351)	258
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	1,457	1,121
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	1,106	1,379
Supplemental cash flow information
Cash and cash equivalents	520	834
Total cash and cash equivalents and restricted cash and restricted cash equivalents	1,457	1,121
Supplemental non-cash activities
Transfer of finance receivables to real estate owned	3	5
Non-cash dividend of SFMC	0	(28)
Net unsettled investment security purchases	$ (1)	$ (3)

Business and Basis of Presentat

Business and Basis of Presentation	6 Months Ended
	Jun. 30, 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. On June 22, 2018, SFI entered into a contribution agreement with OMH, whereby OMH contributed all of the common interests of Independence to SFI. Immediately thereafter, SFI entered into a separate contribution agreement with SFC, pursuant to which SFI contributed all of the common interests of Independence to SFC. As a result of the contribution from SFI to SFC, Independence became a wholly owned direct subsidiary of SFC on June 22, 2018. Independence, through its wholly owned subsidiary OMFH and OMFH’s subsidiaries, and SFC engage in the consumer finance and insurance businesses. At December 31, 2017, prior to the transactions described below, Springleaf Financial Holdings LLC (“SFH”), owned approximately 44% of OMH’s common stock. SFH was owned primarily by a private equity fund managed by an affiliate of Fortress. On January 3, 2018, the Apollo-Värde Group entered into a Share Purchase Agreement with SFH and OMH to acquire from SFH 54,937,500 shares of OMH’s common stock, par value $ 0.01 per share, at a purchase price per share of $ 26.00 , representing the entire holdings of OMH’s common stock beneficially owned by Fortress. This transaction closed on June 25, 2018 for an aggregate purchase price of approximately $ 1.4 billion in cash. The Share Purchase Agreement was filed as Exhibit 10.1 to OMH’s Current Report on Form 8-K filed with the SEC on January 4, 2018. Upon closing of the Apollo-Värde Transaction, OMH entered into an Amended and Restated Stockholders’ Agreement, the terms of which are described in OMH’s Current Report on Form 8-K, filed with the SEC on June 25, 2018. As disclosed in Note 22 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 , certain executives of the Company had previously been granted incentive units that only provide benefits (in the form of distributions) if SFH makes distributions to one or more of its common members that exceed specified amounts. In connection with the Apollo-Värde Transaction, certain executive officers who are holders of SFH incentive units received a distribution of approximately $ 106 million in the aggregate from SFH as a result of their ownership interests in SFH. Although the distribution was not made by the Company or its subsidiaries, in accordance with ASC Topic 710, Compensation-General , we recorded non-cash incentive compensation expense of approximately $ 106 million , with an equal and offsetting increase to additional paid-in-capital. The impact to the Company was non-cash, equity neutral and not tax deductible. On February 21, 2018, OMH entered into an underwriting agreement among OMH, SFH and Morgan Stanley & Co. LLC as underwriter in connection with the sale by SFH of 4,179,678 shares of its 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’s stock beneficially owned by AIG. In connection with this sale of OMH’s common stock by SFH, certain executive officers who are holders of SFH incentive units, as described above, received a distribution of approximately $4 million in the first quarter of 2018. Consistent with the accounting for distribution from the Apollo-Värde Transaction described above, the Company recognized non-cash incentive compensation expense of approximately $4 million , with an equal and offsetting increase to additional paid-in-capital. Again, the impact to the Company was non-cash, equity neutral and not tax deductible. At June 30, 2018 , the Apollo-Värde Group owned approximately 40.5% of OMH’s common stock. 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 as revised to reflect the retrospective application of the contribution of Independence 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 SFC's Annual Report on Form 10-K for the year ended December 31, 2017 and our revised financial statement schedules included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . We follow the same significant accounting policies for our interim reporting, except for the new accounting pronouncements subsequently adopted and disclosed in Note 3 below.

Significant Transaction

Significant Transaction	6 Months Ended
	Jun. 30, 2018
Accounting Changes and Error Corrections [Abstract]
Significant Transaction	Significant Transaction INDEPENDENCE CONTRIBUTION On June 22, 2018, SFC entered into a Contribution Agreement with SFI, a wholly-owned subsidiary of OMH. Pursuant to the Contribution Agreement, Independence was contributed by SFI to SFC. The Company has retrospectively recast the financial results for all periods to include Independence as required for transactions between entities under common control. The following table presents the Company’s previously reported Consolidated Balance Sheet as of December 31, 2017 retrospectively recast for the contribution of Independence: (dollars in millions) December 31, 2017 As Reported SFC Independence Adjustments Consolidated SFC Assets Cash and cash equivalents $ 244 $ 714 $ — $ 958 Investment securities 536 1,172 (11 ) 1,697 Net finance receivables: Personal loans 5,308 9,467 — 14,775 Real estate loans * 128 — — 128 Retail sales finance * 6 — — 6 Net finance receivables 5,442 9,467 — 14,909 Unearned insurance premium and claim reserves (108 ) (482 ) — (590 ) Allowance for finance receivable losses (240 ) (452 ) — (692 ) Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses 5,094 8,533 — 13,627 Finance receivables held for sale 132 — — 132 Notes receivable from parent and affiliates 4,488 — (4,097 ) 391 Restricted cash and restricted cash equivalents 169 329 — 498 Goodwill — 1,422 — 1,422 Other intangible assets 15 424 — 439 Other assets 146 402 (67 ) 481 Total assets $ 10,824 $ 12,996 $ (4,175 ) $ 19,645 Liabilities and Shareholder’s Equity Long-term debt $ 7,865 $ 7,195 $ (10 ) $ 15,050 Note payable to parent and affiliates — 4,097 (4,097 ) — Insurance claims and policyholder liabilities 261 476 — 737 Deferred and accrued taxes 78 3 (35 ) 46 Other liabilities 214 229 (33 ) 410 Total liabilities 8,418 12,000 (4,175 ) 16,243 Commitments and contingent liabilities (Note 15) Shareholder’s equity: Common stock 5 — — 5 Additional paid-in capital 799 1,110 — 1,909 Accumulated other comprehensive income — 6 — 6 Retained earnings 1,602 (120 ) — 1,482 Total shareholder’s equity 2,406 996 — 3,402 Total liabilities and shareholder’s equity $ 10,824 $ 12,996 $ (4,175 ) $ 19,645 * Amounts are combined into “Other Receivables” on the Condensed Consolidated Balance Sheet The following tables present the Company’s previously reported Consolidated Statements of Operations for the three months and six months ended June 30, 2017 retrospectively recast for the contribution of Independence: Three Months Ended June 30, 2017 As Reported SFC Independence Adjustments Consolidated SFC (dollars in millions) Interest income: Finance charges $ 302 $ 466 $ — $ 768 Finance receivables held for sale originated as held for investment 4 — — 4 Total interest income 306 466 — 772 Interest expense 129 131 (57 ) 203 Net interest income 177 335 57 569 Provision for finance receivable losses 91 142 — 233 Net interest income after provision for finance receivable losses 86 193 57 336 Other revenues: Insurance 40 64 — 104 Investment 8 12 — 20 Interest income on notes receivable from parent and affiliates 62 — (57 ) 5 Net loss on repurchases and repayments of debt (27 ) — — (27 ) Other 4 18 (7 ) 15 Total other revenues 87 94 (64 ) 117 Other expenses: Operating expenses: Salaries and benefits 77 107 (6 ) 178 Acquisition-related transaction and integration expenses — — 14 14 Other operating expenses 65 98 (15 ) 148 Insurance policy benefits and claims 18 28 — 46 Total other expenses 160 233 (7 ) 386 Income before income tax expense 13 54 — 67 Income tax expense 5 15 — 20 Net income $ 8 $ 39 $ — $ 47 (dollars in millions) Six Months Ended June 30, 2017 As Reported SFC Independence Adjustments Consolidated SFC Interest income: Finance charges $ 596 $ 925 $ — $ 1,521 Finance receivables held for sale originated as held for investment 7 — — 7 Total interest income 603 925 — 1,528 Interest expense 256 260 (111 ) 405 Net interest income 347 665 111 1,123 Provision for finance receivable losses 162 314 — 476 Net interest income after provision for finance receivable losses 185 351 111 647 Other revenues: Insurance 77 130 — 207 Investment 14 25 — 39 Interest income on notes receivable from parent and affiliates 121 — (111 ) 10 Net loss on repurchases and repayments of debt (27 ) (1 ) — (28 ) Other 8 30 (14 ) 24 Total other revenues 193 184 (125 ) 252 Other expenses: Operating expenses: Salaries and benefits 156 211 (13 ) 354 Acquisition-related transaction and integration expenses — — 37 37 Other operating expenses 132 211 (38 ) 305 Insurance policy benefits and claims 34 57 — 91 Total other expenses 322 479 (14 ) 787 Income before income tax expense 56 56 — 112 Income tax expense 21 17 — 38 Net income $ 35 $ 39 $ — $ 74 The following table presents the Company’s previously reported Consolidated Statement of Cash Flows for the six months ended June 30, 2017 retrospectively recast for the contribution of Independence: Six Months Ended June 30, 2017 (dollars in millions) As Reported Independence Adjustments Consolidated Cash flows from operating activities Net income $ 35 $ 39 $ — $ 74 Reconciling adjustments: Provision for finance receivable losses 162 314 — 476 Depreciation and amortization 75 97 — 172 Deferred income tax benefit (58 ) 39 — (19 ) Net loss on repurchases and repayments of debt 27 1 — 28 Share-based compensation expense, net of forfeitures — 3 — 3 Other 2 (2 ) — — Cash flows due to changes in: Other assets and other liabilities * 111 47 — 158 Insurance claims and policyholder liabilities * 5 (36 ) — (31 ) Taxes receivable and payable * 25 (56 ) — (31 ) Accrued interest and finance charges * (29 ) 22 — (7 ) Other, net * (3 ) 1 — (2 ) Net cash provided by operating activities 352 469 — 821 Cash flows from investing activities Net principal originations of finance receivables held for investment and held for sale (307 ) (568 ) — (875 ) Cash advances on intercompany notes receivable (1,335 ) — 1,129 (206 ) Proceeds from repayments of principal on intercompany notes receivable 491 — (381 ) 110 Available-for-sale securities purchased (182 ) (169 ) — (351 ) Available-for-sale securities called, sold, and matured 136 246 — 382 Trading and other securities called, sold, and matured 1 5 — 6 Other, net 6 (2 ) — 4 Net cash provided by (used for) investing activities (1,190 ) (488 ) 748 (930 ) Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 2,124 509 — 2,633 Repayments of long-term debt (1,138 ) (1,116 ) — (2,254 ) Cash dividend of SFMC (10 ) — — (10 ) Withholding tax on share-based compensation — (2 ) — (2 ) Proceeds from intercompany note payable — 1,129 (1,129 ) — Payments on intercompany note payable — (381 ) 381 — Net cash provided by (used for) financing activities 976 139 (748 ) 367 Net change in cash and cash equivalents and restricted cash and restricted cash equivalents 138 120 — 258 Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period 467 654 — 1,121 Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period $ 605 $ 774 $ — $ 1,379 Consolidated Statement of Cash Flows (Continued) Six Months Ended June 30, 2017 (dollars in millions) As Reported Independence Adjustments Consolidated Supplemental cash flow information Cash and cash equivalents $ 413 $ 421 $ — $ 834 Restricted cash and restricted cash equivalents 192 353 — 545 Total cash and cash equivalents and restricted cash and restricted cash equivalents $ 605 $ 774 $ — $ 1,379 Supplemental non-cash activities Transfer of finance receivables to real estate owned $ 5 $ — $ — $ 5 Net unsettled investment security purchases (2 ) (1 ) — (3 ) Non-cash dividend of SFMC (28 ) — — (28 ) * Amounts are included in “Cash flows due to changes in other assets and other liabilities” on the Condensed Consolidated Statement of Cash Flows.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 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 ASUs 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 this ASU as of January 1, 2018 and concluded they do 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 ASUs 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 ASUs as of January 1, 2018 and presented this change on a retrospective basis for all periods presented. We concluded that these ASUs do 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 they do 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 they do not have a material impact on our consolidated financial statements. In February of 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income: Reclassifications of Certain Tax Effects from Accumulated Other 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 elected to early adopt as of April 1, 2018 and reclassified $3 million of stranded tax effects resulting in a decrease to retained earnings and an increase to accumulated other comprehensive income. 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 they do 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 they do not have a material impact on our consolidated financial statements. Goodwill Impairment In January of 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other: Simplifying the Test for Goodwill Impairment , which simplifies the test for goodwill impairment by eliminating Step 2 of the impairment testing process. The amendments in this ASU will become effective for the Company for fiscal years beginning January 1, 2020. 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. 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 ASUs 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 continues to make progress in line with the established 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 $167 million of minimum lease commitments from these operating leases (refer to Note 20 of the Notes to the Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1). 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 continues to make progress in line with the established project plan to ensure we comply with all updates from this ASU at the time of adoption. We continue to refine the development of 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 and the impact the adoption may have on any available-for-sale securities held by the Company. 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. We do not believe that any other accounting pronouncements issued during the six months ended June 30, 2018 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Finance Receivables

Finance Receivables	6 Months Ended
	Jun. 30, 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 in 2012 and purchasing retail sales contracts and revolving retail accounts in 2013. 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 June 30, 2018 Gross receivables (a)(b) $ 15,173 $ 123 $ 15,296 Unearned points and fees (175 ) — (175 ) Accrued finance charges 219 1 220 Deferred origination costs 124 — 124 Total $ 15,341 $ 124 $ 15,465 December 31, 2017 Gross receivables (a)(b) $ 14,617 $ 133 $ 14,750 Unearned points and fees (168 ) — (168 ) Accrued finance charges 210 1 211 Deferred origination costs 116 — 116 Total $ 14,775 $ 134 $ 14,909 (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 OneMain Acquisition and 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 premium, net of discount 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 June 30, 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 concentration of secured loans and the delinquency status of our finance receivables as our primary credit quality indicators. At June 30, 2018 and December 31, 2017 , 44% and 43% of our personal loans were secured by titled collateral, respectively. 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 June 30, 2018 Performing Current $ 14,727 $ 95 $ 14,822 30-59 days past due 191 9 200 60-89 days past due 133 3 136 Total performing 15,051 107 15,158 Nonperforming 90-179 days past due 282 4 286 180 days or more past due 8 13 21 Total nonperforming 290 17 307 Total $ 15,341 $ 124 $ 15,465 December 31, 2017 Performing Current $ 14,081 $ 104 $ 14,185 30-59 days past due 202 8 210 60-89 days past due 156 3 159 Total performing 14,439 115 14,554 Nonperforming 90-179 days past due 330 4 334 180 days or more past due 6 15 21 Total nonperforming 336 19 355 Total $ 14,775 $ 134 $ 14,909 PURCHASED CREDIT IMPAIRED FINANCE RECEIVABLES Our purchased credit impaired finance receivables consist of receivables purchased in connection with the OneMain Acquisition and 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 June 30, 2018 and December 31, 2017 , finance receivables held for sale totaled $123 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 6 for further information on our finance receivables held for sale. Information regarding our purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) June 30, December 31, OM Loans Carrying amount, net of allowance $ 127 $ 176 Outstanding balance (a) 180 243 Allowance for purchased credit impaired finance receivable losses — 6 FA Loans (b) Carrying amount, net of allowance $ 53 $ 57 Outstanding balance (a) 90 94 Allowance for purchased credit impaired finance receivable losses 9 9 (a) Outstanding balance is defined as UPB of the loans with a net carrying amount. (b) Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, Carrying amount $ 41 $ 44 Outstanding balance 68 72 The allowance for purchased credit impaired finance receivable losses reflects the carrying value of the purchased credit impaired loans held for investment being higher than the present value of the expected cash flows. Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: Three Months Ended June 30, Six Months Ended June 30, (dollars in millions) 2018 2017 2018 2017 OM Loans Balance at beginning of period $ 49 $ 48 $ 47 $ 59 Accretion (8 ) (9 ) (14 ) (20 ) Reclassifications from (to) nonaccretable difference * 11 10 19 10 Balance at end of period $ 52 $ 49 $ 52 $ 49 FA Loans Balance at beginning of period $ 52 $ 59 $ 53 $ 60 Accretion (1 ) (2 ) (2 ) (3 ) Reclassifications from (to) nonaccretable difference * — (2 ) — (2 ) Balance at end of period $ 51 $ 55 $ 51 $ 55 * Reclassifications from (to) nonaccretable difference represents the increases (decreases) in accretable yield resulting from higher (lower) estimated undiscounted cash flows. TDR FINANCE RECEIVABLES Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Other Receivables (a) Total June 30, 2018 TDR gross finance receivables (b) $ 376 $ 136 $ 512 TDR net finance receivables 378 136 514 Allowance for TDR finance receivable losses 157 12 169 December 31, 2017 TDR gross finance receivables (b) $ 318 $ 139 $ 457 TDR net finance receivables 317 140 457 Allowance for TDR finance receivable losses 134 12 146 (a) Other Receivables held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, 2017 TDR gross finance receivables $ 87 $ 90 TDR net finance receivables 87 91 (b) As defined earlier in this Note. As of June 30, 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 June 30, 2018 TDR average net receivables $ 366 $ 137 $ 503 TDR finance charges recognized 11 2 13 Three Months Ended June 30, 2017 TDR average net receivables $ 197 $ 140 $ 337 TDR finance charges recognized 9 2 11 Six Months Ended June 30, 2018 TDR average net receivables $ 351 $ 138 $ 489 TDR finance charges recognized 22 4 26 Six Months Ended June 30, 2017 TDR average net receivables $ 175 $ 138 $ 313 TDR finance charges recognized 15 4 19 * Other Receivables held for sale included in the table above were as follows: Three Months Ended June 30, Six Months Ended June 30, (dollars in millions) 2018 2017 2018 2017 TDR average net receivables $ 88 $ 91 $ 89 $ 90 TDR finance charges recognized 2 2 3 3 Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Other Receivables (a) Total Three Months Ended June 30, 2018 Pre-modification TDR net finance receivables $ 84 $ — $ 84 Post-modification TDR net finance receivables: Rate reduction $ 63 $ — $ 63 Other (b) 21 — 21 Total post-modification TDR net finance receivables $ 84 $ — $ 84 Number of TDR accounts 12,711 15 12,726 Three Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 115 $ 10 $ 125 Post-modification TDR net finance receivables: Rate reduction $ 79 $ 10 $ 89 Other (b) 35 — 35 Total post-modification TDR net finance receivables $ 114 $ 10 $ 124 Number of TDR accounts 14,444 350 14,794 Six Months Ended June 30, 2018 Pre-modification TDR net finance receivables $ 178 $ 2 $ 180 Post-modification TDR net finance receivables: Rate reduction $ 132 $ 2 $ 134 Other (b) 46 — 46 Total post-modification TDR net finance receivables $ 178 $ 2 $ 180 Number of TDR accounts 27,363 44 27,407 Six Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 159 $ 13 $ 172 Post-modification TDR net finance receivables: Rate reduction $ 118 $ 13 $ 131 Other (b) 39 — 39 Total post-modification TDR net finance receivables $ 157 $ 13 $ 170 Number of TDR accounts 20,873 414 21,287 (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 June 30, Six Months Ended June 30, (dollars in millions) 2018 2017 2018 2017 TDR net finance receivables * $ 18 $ 29 $ 35 $ 41 Number of TDR accounts 2,606 4,790 5,312 6,581 * 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 and six months ended June 30, 2018 and 2017 that defaulted during the previous 12-month period were immaterial.

Allowance for Finance Receivabl

Allowance for Finance Receivable Losses	6 Months Ended
	Jun. 30, 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 Total Three Months Ended June 30, 2018 Balance at beginning of period $ 661 $ 24 $ 685 Provision for finance receivable losses 260 (1 ) 259 Charge-offs (276 ) — (276 ) Recoveries 29 1 30 Balance at end of period $ 674 $ 24 $ 698 Three Months Ended June 30, 2017 Balance at beginning of period $ 643 $ 20 $ 663 Provision for finance receivable losses 232 1 233 Charge-offs (251 ) (2 ) (253 ) Recoveries 28 1 29 Balance at end of period $ 652 $ 20 $ 672 Six Months Ended June 30, 2018 Balance at beginning of period $ 668 $ 24 $ 692 Provision for finance receivable losses 513 (1 ) 512 Charge-offs (563 ) (1 ) (564 ) Recoveries 56 2 58 Balance at end of period $ 674 $ 24 $ 698 Six Months Ended June 30, 2017 Balance at beginning of period $ 666 $ 20 $ 686 Provision for finance receivable losses 474 2 476 Charge-offs (545 ) (3 ) (548 ) Recoveries 57 1 58 Balance at end of period $ 652 $ 20 $ 672 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 June 30, 2018 Allowance for finance receivable losses: Collectively evaluated for impairment $ 517 $ 3 $ 520 Purchased credit impaired finance receivables — 9 9 TDR finance receivables 157 12 169 Total $ 674 $ 24 $ 698 Finance receivables: Collectively evaluated for impairment $ 14,836 $ 54 $ 14,890 Purchased credit impaired finance receivables 127 21 148 TDR finance receivables 378 49 427 Total $ 15,341 $ 124 $ 15,465 Allowance for finance receivable losses as a percentage of finance receivables 4.40 % 19.25 % 4.52 % December 31, 2017 Allowance for finance receivable losses: Collectively evaluated for impairment $ 528 $ 3 $ 531 Purchased credit impaired finance receivables 6 9 15 TDR finance receivables 134 12 146 Total $ 668 $ 24 $ 692 Finance receivables: Collectively evaluated for impairment $ 14,276 $ 63 $ 14,339 Purchased credit impaired finance receivables 182 22 204 TDR finance receivables 317 49 366 Total $ 14,775 $ 134 $ 14,909 Allowance for finance receivable losses as a percentage of finance receivables 4.52 % 18.27 % 4.64 %

Finance Receivables Held for Sa

Finance Receivables Held for Sale	6 Months Ended
	Jun. 30, 2018
Receivables Held-for-sale [Abstract]
Finance Receivables Held for Sale	Finance Receivables Held for Sale We reported finance receivables held for sale of $123 million at June 30, 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 June 30, 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 and six months ended June 30, 2018 and 2017 .

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 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 June 30, 2018 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 23 $ — $ — $ 23 Obligations of states, municipalities, and political subdivisions 135 — (1 ) 134 Certificates of deposit and commercial paper 26 — — 26 Non-U.S. government and government sponsored entities 134 — (2 ) 132 Corporate debt 1,034 3 (26 ) 1,011 Mortgage-backed, asset-backed, and collateralized: RMBS 118 1 (3 ) 116 CMBS 83 — (1 ) 82 CDO/ABS 95 — (1 ) 94 Total $ 1,648 $ 4 $ (34 ) $ 1,618 December 31, 2017 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 28 $ — $ — $ 28 Obligations of states, municipalities, and political subdivisions 135 — — 135 Certificates of deposit and commercial paper 60 — — 60 Non-U.S. government and government sponsored entities 126 — (1 ) 125 Corporate debt 941 12 (5 ) 948 Mortgage-backed, asset-backed, and collateralized: RMBS 100 — (1 ) 99 CMBS 88 — (1 ) 87 CDO/ABS 96 — — 96 Total $ 1,574 $ 12 $ (8 ) $ 1,578 Fair value and unrealized losses on available-for-sale securities by type and length of time in a continuous unrealized loss position were as follows: Less Than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Unrealized Losses * Fair Value Unrealized Losses * Fair Value Unrealized Losses June 30, 2018 U.S. government and government sponsored entities $ 12 $ — $ 8 $ — $ 20 $ — Obligations of states, municipalities, and political subdivisions 84 (1 ) 17 — 101 (1 ) Non-U.S. government and government sponsored entities 63 (1 ) 57 (1 ) 120 (2 ) Corporate debt 741 (22 ) 99 (4 ) 840 (26 ) RMBS 80 (2 ) 32 (1 ) 112 (3 ) CMBS 42 — 33 (1 ) 75 (1 ) CDO/ABS 57 (1 ) 18 — 75 (1 ) Total $ 1,079 $ (27 ) $ 264 $ (7 ) $ 1,343 $ (34 ) December 31, 2017 U.S. government and government sponsored entities $ 21 $ — $ 3 $ — $ 24 $ — Obligations of states, municipalities, and political subdivisions 65 — 20 — 85 — Non-U.S. government and government sponsored entities 89 (1 ) 13 — 102 (1 ) Corporate debt 387 (3 ) 93 (2 ) 480 (5 ) RMBS 40 — 25 (1 ) 65 (1 ) CMBS 40 — 38 (1 ) 78 (1 ) CDO/ABS 48 — 26 — 74 — Total $ 690 $ (4 ) $ 218 $ (4 ) $ 908 $ (8 ) * 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 1,872 and 1,229 investment securities in an unrealized loss position at June 30, 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 June 30, 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 June 30, 2018 we did no t recognize any other-than-temporary impairment credit losses and during the six months ended June 30, 2018 we recognized less than $1 million of other-than-temporary impairment credit losses on our available-for-sale securities in investment revenues. During the three and six months ended June 30, 2017 , we did no t recognize any other-than-temporary impairment credit losses on our available-for-sale securities in investment revenues. During the three and six months ended June 30, 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 June 30, Six Months Ended June 30, 2018 2017 2018 2017 Proceeds from sales and redemptions $ 69 $ 167 $ 140 $ 280 Realized gains $ — $ 5 $ — $ 9 Realized losses — (1 ) — (1 ) Net realized gains (losses) $ — $ 4 $ — $ 8 Contractual maturities of fixed-maturity available-for-sale securities at June 30, 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 $ 148 $ 148 Due after 1 year through 5 years 596 604 Due after 5 years through 10 years 385 396 Due after 10 years 197 204 Mortgage-backed, asset-backed, and collateralized securities 292 296 Total $ 1,618 $ 1,648 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 $500 million and $537 million at June 30, 2018 and December 31, 2017 , respectively. OTHER SECURITIES The fair value of other securities by type was as follows: (dollars in millions) June 30, December 31, Fixed maturity other securities: Bonds Non-U.S. government and government sponsored entities $ 1 $ 1 Corporate debt 51 68 Mortgage-backed, asset-backed, and collateralized: RMBS 1 1 CDO/ABS 3 4 Total bonds 56 74 Preferred stock * 22 20 Common stock * 23 23 Other long-term investments 1 1 Total $ 102 $ 118 * 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. Net unrealized losses on other securities held at June 30, 2018 and 2017 , were less than $1 million and $3 million for the three and six months ended June 30, 2018 , respectively, and were less than $1 million for the three and six months ended June 30, 2017 . Net realized gains and losses on other securities sold or redeemed during the 2018 and 2017 periods were immaterial for the three and six months ended June 30, 2018 and 2017 . We report these gains and losses in investment revenues.

Transactions with Affiliates

Transactions with Affiliates	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [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. Upon closing of the Apollo-Värde Transaction, Nationstar was no longer an affiliate of the Company. The subservicing fees paid to Nationstar, prior to the closing of the Apollo-Värde Transaction, were immaterial for the three and six months ended June 30, 2018 and 2017 . See Note 1 for additional information regarding the Apollo-Värde Transaction. Related Party Transactions Notes Receivable from Parent : The table below sets forth the note receivables from our parent. We describe our affiliate lending in Note 12 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . (dollars in millions) Note Balance Interest Income * Three Months Ended June 30, Interest Income * Six Months Ended June 30, June 30, December 31, 2017 2018 2017 2018 2017 SFI Note $ 316 $ 391 $ 5 $ 5 $ 10 $ 10 * Reported in interest income on notes receivable from parent. The interest rate on notes receivable from parent is SFC’s cost of funds rate, which was 5.92% at June 30, 2018 and 6.09% at June 30, 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 which are now terminated. See Note 12 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 for more information about these agreements. During the three and six months ended June 30, 2018 , SFC recorded $141 million and $265 million , respectively, of service fee expenses which are included in operating expenses. During the three and six months ended June 30, 2017 , SFC recorded $91 million and $174 million , respectively. SFC did not record any expenses related to the terminated license or building lease agreements for the three and six months ending June 30, 2018 . SFC did not record any license and building lease expenses for the three months ending June 30, 2017 . For the six months ending June 30, 2017 , license and building lease expenses were immaterial. Loan Referral Fees: OCLI provides personal loan application and credit underwriting services on behalf of SFC for personal loan applications that are submitted online. SFC is charged a fee of $35 for each underwritten approved application processed, as well as any other fees agreed to by the parties. During the three and six months ended June 30, 2018 , SFC recorded $16 million and $29 million of referral fee expense, respectively, compared to $16 million and $26 million for the three and six months ended June 30, 2017 , respectively. Certain costs incurred by OCLI to provide these services are included in deferred origination costs. 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. Loan servicing fees were immaterial for the three and six months ended June 30, 2018 and 2017 . During the first quarter of 2018, OCLI sold personal loans to subsidiaries of SFC. The aggregate UPB and carrying value were immaterial and OCLI does not service these loans. Parent and Affiliate Receivables and Payables: Receivables from parent and affiliate totaled $19 million and $4 million at June 30, 2018 and December 31, 2017, respectively, and are included in other assets. Payables to parent and affiliate totaled $97 million and $189 million at June 30, 2018 and December 31, 2017, respectively, and are included in other liabilities.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 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. Upon closing of the Apollo-Värde Transaction, Nationstar was no longer an affiliate of the Company. The subservicing fees paid to Nationstar, prior to the closing of the Apollo-Värde Transaction, were immaterial for the three and six months ended June 30, 2018 and 2017 . See Note 1 for additional information regarding the Apollo-Värde Transaction. Related Party Transactions Notes Receivable from Parent : The table below sets forth the note receivables from our parent. We describe our affiliate lending in Note 12 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . (dollars in millions) Note Balance Interest Income * Three Months Ended June 30, Interest Income * Six Months Ended June 30, June 30, December 31, 2017 2018 2017 2018 2017 SFI Note $ 316 $ 391 $ 5 $ 5 $ 10 $ 10 * Reported in interest income on notes receivable from parent. The interest rate on notes receivable from parent is SFC’s cost of funds rate, which was 5.92% at June 30, 2018 and 6.09% at June 30, 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 which are now terminated. See Note 12 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 for more information about these agreements. During the three and six months ended June 30, 2018 , SFC recorded $141 million and $265 million , respectively, of service fee expenses which are included in operating expenses. During the three and six months ended June 30, 2017 , SFC recorded $91 million and $174 million , respectively. SFC did not record any expenses related to the terminated license or building lease agreements for the three and six months ending June 30, 2018 . SFC did not record any license and building lease expenses for the three months ending June 30, 2017 . For the six months ending June 30, 2017 , license and building lease expenses were immaterial. Loan Referral Fees: OCLI provides personal loan application and credit underwriting services on behalf of SFC for personal loan applications that are submitted online. SFC is charged a fee of $35 for each underwritten approved application processed, as well as any other fees agreed to by the parties. During the three and six months ended June 30, 2018 , SFC recorded $16 million and $29 million of referral fee expense, respectively, compared to $16 million and $26 million for the three and six months ended June 30, 2017 , respectively. Certain costs incurred by OCLI to provide these services are included in deferred origination costs. 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. Loan servicing fees were immaterial for the three and six months ended June 30, 2018 and 2017 . During the first quarter of 2018, OCLI sold personal loans to subsidiaries of SFC. The aggregate UPB and carrying value were immaterial and OCLI does not service these loans. Parent and Affiliate Receivables and Payables: Receivables from parent and affiliate totaled $19 million and $4 million at June 30, 2018 and December 31, 2017, respectively, and are included in other assets. Payables to parent and affiliate totaled $97 million and $189 million at June 30, 2018 and December 31, 2017, respectively, and are included in other liabilities.

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 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 June 30, 2018 were as follows: Senior Debt (dollars in millions) Securitizations Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.04% - 6.94% 5.25% - 8.25% 4.10 % Remainder of 2018 — — — — 2019 — 696 — 696 2020 — 1,299 — 1,299 2021 — 646 — 646 2022 — 1,000 — 1,000 2023 — 1,175 — 1,175 2024-2067 — 2,149 350 2,499 Securitizations (b) 8,119 — — 8,119 Total principal maturities $ 8,119 $ 6,965 $ 350 $ 15,434 Total carrying amount $ 8,094 $ 6,788 $ 172 $ 15,054 Debt issuance costs (c) $ (24 ) $ (55 ) $ — $ (79 ) (a) The interest rates shown are the range of contractual rates in effect at June 30, 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 4.10% as of June 30, 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 June 30, 2018 , there were no amounts drawn under our revolving conduit facilities. See Note 11 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 $24 million at June 30, 2018 and are reported in other assets. SFC’S OFFERING OF 7.125% SENIOR NOTES DUE 2026 On May 11, 2018, SFC issued $900 million aggregate principal amount of 7.125% Senior Notes due 2026 (the “ 7.125% SFC Notes”) under the SFC Senior Notes Indentures, pursuant to which OMH provided a guarantee of the 7.125% SFC Notes on an unsecured basis. SFC used a portion of the net proceeds from this offering to redeem the remaining $400 million in aggregate principal amount of the OMFH 7.25% Senior Notes due 2021 and will use the remaining proceeds for other general corporate purposes, which may include other debt repurchases and repayments. 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 the SFC Senior Notes Indentures, pursuant to which OMH provided a guarantee of the 6.875% SFC Notes on an unsecured basis. SFC used the net proceeds from the sale of the 6.875% SFC Notes for general corporate purposes, which included debt repurchases. The 6.875% and 7.125% SFC Notes are SFC’s senior unsecured obligations and rank equally in right of payment to all of SFC’s other existing and future unsubordinated indebtedness from time to time outstanding. The notes are effectively subordinated to all of SFC’s secured obligations to the extent of the value of the assets securing such obligations and structurally subordinated to any existing and future obligations of SFC’s subsidiaries with respect to claims against the assets of such subsidiaries. The notes may be redeemed at any time and from time to time, at the option of SFC, in whole or in part at a “make-whole” redemption price specified in the 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 June 30, 2018 Outstanding balance (dollars in millions) 7.125% SFC Notes 5/11/2018 SFC Sixth Supplemental Indenture 7.125% $ 900 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 13 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . 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 June 30, 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. OMFH Notes On December 11, 2014, OMFH and certain of its subsidiaries entered into the OMFH Indenture, among OMFH, the guarantors listed therein and The Bank of New York Mellon, as trustee, in connection with OMFH’s issuance of the OMFH Notes. The OMFH Notes are OMFH’s unsecured senior obligations, guaranteed on a senior unsecured basis by each of its wholly owned domestic subsidiaries, other than certain subsidiaries, including its insurance subsidiaries and securitization subsidiaries. On November 8, 2016, OMH entered into the OMFH Supplemental Indenture, pursuant to which OMH agreed to fully, unconditionally and irrevocably guarantee the outstanding OMFH Notes in accordance with and subject to the terms of the OMFH Indenture. Further, as permitted by the terms of the OMFH Indenture up to the point of redemption of the OMFH Notes described below, OMFH satisfied its reporting obligations under the OMFH Indenture with respect to providing OMFH financial information to the holders of the OMFH Notes by furnishing financial information relating to the Company. On December 8, 2017, OMFH provided notice to note holders to redeem on January 8, 2018, all $700 million outstanding principal amount of OMFH Notes due 2019 at a redemption price equal to 103.375% , plus accrued and unpaid interest to the redemption date. The notes were redeemed on January 8, 2018. In connection with the redemption, we recognized $1 million of net loss on repurchases and repayments of debt for the six months ended June 30, 2018 . On March 19, 2018, OMFH provided notice to note holders to redeem $400 million in aggregate principal amount of OMFH Notes due 2021 on April 18, 2018, at a redemption price in cash equal to 103.625% , plus accrued and unpaid interest to the redemption date. The notes were redeemed on April 18, 2018. In connection with the redemption, we recognized $4 million of net loss on repurchases and repayments of debt for the six months ended June 30, 2018 . On May 14, 2018, OMFH provided notice to note holders to redeem the remaining $400 million in aggregate principal amount of OMFH Notes due 2021 on June 13, 2018, at a redemption price in cash equal to 103.625% , plus accrued and unpaid interest to the redemption date. In connection with the redemption, we recognized $3 million of net loss on repurchases and repayments of debt for the six months ended June 30, 2018 . On June 13, 2018, OMFH redeemed the remaining principal amount of the OMFH Notes due 2021 and received notice of satisfaction and discharge with respect to the OMFH Notes. As of June 30, 2018, OMFH is no longer subject to the covenants or other terms of the OMFH Indenture.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 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 14 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 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) June 30, December 31, Assets Cash and cash equivalents $ 3 $ 4 Finance receivables: Personal loans 9,135 9,769 Allowance for finance receivable losses 459 465 Restricted cash and restricted cash equivalents 569 482 Other assets 24 20 Liabilities Long-term debt $ 8,094 $ 8,688 Other liabilities 15 15 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 June 30, 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 $ 817 3.60 % 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 2014-2 1,185 164 5.06 % 2 years 07/30/14 09/2024 OMFIT 2015-1 1,229 834 4.00 % 3 years 02/05/15 03/2026 OMFIT 2015-2 1,250 462 3.91 % 2 years 05/21/15 07/2025 OMFIT 2015-3 293 293 4.21 % 5 years 09/29/15 11/2028 OMFIT 2016-1 (b) 500 459 4.01 % 3 years 02/10/16 02/2029 OMFIT 2016-2 (b) 890 616 4.63 % 2 years 03/23/16 03/2028 OMFIT 2016-3 (b) 350 317 4.33 % 5 years 06/07/16 06/2031 OMFIT 2017-1 (b) 947 900 2.73 % 2 years 09/06/17 09/2032 OMFIT 2018-1 (c) 632 600 3.60 % 3 years 02/28/18 03/2029 OMFIT 2018-2 (d) 368 350 3.87 % 5 years 03/19/18 03/2033 Total consumer securitizations 7,245 Auto Securitizations: ODART 2016-1 (b) 754 99 3.70 % — 07/19/16 Various ODART 2017-1 (b) 300 200 2.76 % 1 year 02/01/17 Various ODART 2017-2 (b) 605 575 2.63 % 1 year 12/11/17 Various Total auto securitizations 874 Total secured structured financings $ 8,119 (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 14 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . (c) OMFIT 2018-1 Securitization. We initially retained approximately $32 million of the asset-backed notes. (d) OMFIT 2018-2 Securitization. We initially retained approximately $18 million of the asset-backed notes. REVOLVING CONDUIT FACILITIES As of June 30, 2018 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Advance Maximum Amount Revolving Collateral Type Due and Payable (a) Seine River Funding, LLC $ 500 $ — December 2019 Personal loans December 2022 Rocky River Funding, LLC (b) 400 — June 2020 Personal loans July 2021 Thur River Funding, LLC 350 — June 2020 Personal loans February 2027 OneMain Financial Funding IX, LLC 600 — June 2020 Personal loans July 2021 Mystic River Funding, LLC 850 — September 2020 Personal loans and auto loans October 2023 Fourth Avenue Auto Funding, LLC 250 — September 2020 Auto loans October 2021 OneMain Financial Funding VIII, LLC (c) 450 — January 2021 Personal loans February 2023 OneMain Financial Auto Funding I, LLC (d) 850 — June 2021 Auto loans July 2028 OneMain Financial Funding VII, LLC (e) 850 — June 2021 Personal loans July 2023 Thayer Brook Funding, LLC (f) 250 — July 2021 Auto loans August 2022 Total $ 5,350 $ — (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) On June 27, 2018, we amended the loan and security agreement with Rocky River Funding, LLC to, among other things, (i) increase the advance maximum balance from $250 million to $400 million and (ii) extend the revolving period ending September 2019 to June 2020 thereby extending the final maturity to July 2021. (c) On February 2, 2018, we entered into a loan and security agreement with OneMain Financial Funding VIII, LLC concurrently with the voluntary termination of the note purchase agreement with the OneMain Financial B6 Warehouse Trust. (d) On June 26, 2018, we amended the loan and security agreement with OneMain Financial Auto Funding I, LLC to, among other things, (i) increase the advance maximum balance from $750 million to $850 million and (ii) extend the revolving period ending October 2020 to June 2021 thereby extending the final maturity to July 2028. (e) On May 31, 2018, we amended the loan and security agreement with OneMain Financial Funding VII, LLC to, among other things, (i) increase the advance maximum balance from $650 million to $850 million and (ii) extend the revolving period ending October 2019 to June 2021 thereby extending the final maturity to July 2023. (f) On June 28, 2018, we entered into a new loan and security agreement with Thayer Brook Funding, LLC. VIE INTEREST EXPENSE Other than the retained subordinate and residual interests in our consolidated VIEs, we are under no further obligation than is otherwise noted herein, either contractually or implicitly, to provide financial support to these entities. Consolidated interest expense related to our VIEs for the three and six months ended June 30, 2018 totaled $87 million and $173 million , compared to $78 million and $158 million for the three and six months ended June 30, 2017 .

Insurance

Insurance	6 Months Ended
	Jun. 30, 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 $ 154 $ 158 Less reinsurance recoverables (23 ) (26 ) Net balance at beginning of period 131 132 Additions for losses and loss adjustment expenses incurred to: Current year 102 96 Prior years * (5 ) 2 Total 97 98 Reductions for losses and loss adjustment expenses paid related to: Current year (47 ) (45 ) Prior years (51 ) (58 ) Total (98 ) (103 ) Net balance at end of period 130 127 Plus reinsurance recoverables 4 25 Transfer of reserves (19 ) — Balance at end of period $ 115 $ 152 * Reflects (i) a redundancy in the prior years’ net reserves of $5 million at June 30, 2018 primarily due to favorable development of credit disability and unemployment claims during the year and (ii) a shortfall in the prior years’ net reserves of $2 million at June 30, 2017 primarily due to adverse development on ordinary life and credit disability during the year.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Changes, net of tax, in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains (Losses) Available-for-Sale Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended June 30, 2018 Balance at beginning of period $ (19 ) $ (2 ) $ 1 $ (20 ) Other comprehensive income (loss) before reclassifications (7 ) 2 (4 ) (9 ) Impact of AOCI reclassification due to the Tax Act 2 (1 ) 2 3 Balance at end of period $ (24 ) $ (1 ) $ (1 ) $ (26 ) Three Months Ended June 30, 2017 Balance at beginning of period $ 3 $ (4 ) $ (1 ) $ (2 ) Other comprehensive income before reclassifications 6 3 2 11 Reclassification adjustments from accumulated other comprehensive loss (3 ) — — (3 ) Balance at end of period $ 6 $ (1 ) $ 1 $ 6 Six Months Ended June 30, 2018 Balance at beginning of period $ 4 $ (1 ) $ 3 $ 6 Other comprehensive income (loss) before reclassifications (30 ) 1 (6 ) (35 ) Impact of AOCI reclassification due to the Tax Act 2 (1 ) 2 3 Balance at end of period $ (24 ) $ (1 ) $ (1 ) $ (26 ) Six Months Ended June 30, 2017 Balance at beginning of period $ (1 ) $ (4 ) $ (1 ) $ (6 ) Other comprehensive income before reclassifications 13 3 2 18 Reclassification adjustments from accumulated other comprehensive loss (6 ) — — (6 ) Balance at end of period $ 6 $ (1 ) $ 1 $ 6 Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our condensed consolidated statements of operations were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Unrealized gains on available-for-sale securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ — $ 4 $ — $ 8 Income tax effect — (1 ) — (2 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ — $ 3 $ — $ 6

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We had a net deferred tax asset of $131 million and $137 million at June 30, 2018 and December 31, 2017 , respectively. The effective tax rate for the six months ended June 30, 2018 was 37.0% , compared to 33.9% for the same period in 2017 . The effective tax rate for the six months ended June 30, 2018 differed from the federal statutory rate of 21% primarily due to the effect of discrete tax expense for non-deductible compensation and state income taxes. The effective tax rate for the six months ended June 30, 2017 reflects the retrospective adjustment of SFC’s financial results arising from SFI’s contribution of Independence to SFC, and differs from the then-applicable federal statutory rate of 35% primarily due to the effect of state income tax benefits. We are currently under examination of our U.S. federal tax return for the years 2012 and 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 $16 million at June 30, 2018 and $ 15 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. On December 22, 2017, President Trump signed into law the Tax Act, which contains substantial changes to the Internal Revenue Code effective January 1, 2018, including a reduction in the federal corporate tax rate from 35% to 21% .

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 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 June 30, 2018 , our reserve for sales recourse obligations totaled $8 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 and six months ended June 30, 2018 and 2017 , we had no material repurchase activity related to these sales and no material activity related to our sales recourse obligations. At June 30, 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	6 Months Ended
	Jun. 30, 2018
Retirement Benefits [Abstract]
Benefit Plan	Benefit Plan During the three and six months ended June 30, 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	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information Our segments coincide with how our businesses are managed. At June 30, 2018 , our two segments were 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 OneMain Acquisition and 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, loan loss reserves, and acquisition costs to reflect the manner in which we assess our business results and (ii) excludes the impact of applying purchase accounting (eliminates premiums/discounts on our finance receivables 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 23 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . 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 Three Months Ended June 30, 2018 Interest income $ 908 $ — $ 5 $ (11 ) $ 902 Interest expense 212 — 5 3 220 Provision for finance receivable losses 260 — (3 ) 2 259 Net interest income after provision for finance receivable losses 436 — 3 (16 ) 423 Other revenues (a) 108 — 4 26 138 Acquisition-related transaction and integration expenses 22 — — 6 28 Other expenses 363 1 108 6 478 Income (loss) before income tax expense (benefit) $ 159 $ (1 ) $ (101 ) $ (2 ) $ 55 Three Months Ended June 30, 2017 Interest income $ 801 $ — $ 6 $ (35 ) $ 772 Interest expense 189 — 5 9 203 Provision for finance receivable losses 231 — — 2 233 Net interest income after provision for finance receivable losses 381 — 1 (46 ) 336 Other revenues (a) 128 6 (17 ) 117 Acquisition-related transaction and integration expenses 14 — — — 14 Other expenses 363 — 2 7 372 Income before income tax expense $ 132 $ — $ 5 $ (70 ) $ 67 (dollars in millions) Consumer Acquisitions Other Segment to Consolidated At or for the Six Months Ended June 30, 2018 Interest income $ 1,779 $ — $ 9 $ (26 ) $ 1,762 Interest expense 406 — 9 5 420 Provision for finance receivable losses 517 — (5 ) — 512 Net interest income after provision for finance receivable losses 856 — 5 (31 ) 830 Other revenues (a) 211 — 7 51 269 Acquisition-related transaction and integration expenses 32 — — 7 39 Other expenses 707 3 113 11 834 Income (loss) before income tax expense (benefit) $ 328 $ (3 ) $ (101 ) $ 2 $ 226 Assets (b) $ 17,102 $ — $ 563 $ 2,113 $ 19,778 At or for the Six Months Ended June 30, 2017 Interest income $ 1,596 $ — $ 12 $ (80 ) $ 1,528 Interest expense 375 — 11 19 405 Provision for finance receivable losses 468 — 1 7 476 Net interest income after provision for finance receivable losses 753 — — (106 ) 647 Other revenues (a) 265 — 12 (25 ) 252 Acquisition-related transaction and integration expenses 34 — 6 (3 ) 37 Other expenses 727 — 6 17 750 Income before income tax expense $ 257 $ — $ — $ (145 ) $ 112 Assets (b) $ 16,283 $ — $ 682 $ 1,913 $ 18,878 (a) Other revenues reported in “Other” primarily includes interest income on SFC’s note receivable from SFI. See Note 9 for further information on the notes receivable from parent. (b) Assets reported in “Other” primarily includes notes receivable from parent discussed above. See Note 9 for further information on the notes receivable from parent.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 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 24 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018. 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 June 30, 2018 Assets Cash and cash equivalents $ 488 $ 32 $ — $ 520 $ 520 Investment securities 38 1,677 5 1,720 1,720 Net finance receivables, less allowance for finance receivable losses — — 16,154 16,154 14,767 Finance receivables held for sale — — 133 133 123 Notes receivable from parent and affiliates — 316 — 316 316 Restricted cash and restricted cash equivalents 586 — — 586 586 Other assets (a) — 19 11 30 30 Liabilities Long-term debt $ — $ 15,450 $ — $ 15,450 $ 15,054 Other liabilities (b) — 97 — 97 97 December 31, 2017 Assets Cash and cash equivalents $ 904 $ 54 $ — $ 958 $ 958 Investment securities 36 1,654 7 1,697 1,697 Net finance receivables, less allowance for finance receivable losses — — 15,607 15,607 14,217 Finance receivables held for sale — — 139 139 132 Notes receivable from parent and affiliates — 391 — 391 391 Restricted cash and restricted cash equivalents 498 — — 498 498 Other assets (a) — 4 12 16 16 Liabilities Long-term debt $ — $ 15,625 $ — $ 15,625 $ 15,050 Other liabilities (b) — 189 — 189 189 (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 $19 million at June 30, 2018 and $4 million at December 31, 2017. (b) Consists of payables to parent and affiliates. See Note 9 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 * June 30, 2018 Assets Cash equivalents in mutual funds $ 346 $ — $ — $ 346 Cash equivalents in securities — 32 — 32 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 23 — 23 Obligations of states, municipalities, and political subdivisions — 134 — 134 Certificates of deposit and commercial paper — 26 — 26 Non-U.S. government and government sponsored entities — 132 — 132 Corporate debt — 1,009 2 1,011 RMBS — 116 — 116 CMBS — 82 — 82 CDO/ABS — 93 1 94 Total available-for-sale securities — 1,615 3 1,618 Other securities Bonds: Non-U.S. government and government sponsored entities — 1 — 1 Corporate debt — 50 1 51 RMBS — 1 — 1 CDO/ABS — 3 — 3 Total bonds — 55 1 56 Preferred stock 15 7 — 22 Common stock 23 — — 23 Other long-term investments — — 1 1 Total other securities 38 62 2 102 Total investment securities 38 1,677 5 1,720 Restricted cash in mutual funds 570 — — 570 Total $ 954 $ 1,709 $ 5 $ 2,668 * Due to the insignificant activity within the Level 3 assets during the three and six months ended June 30, 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 $ 688 $ — $ — $ 688 Cash equivalents in securities — 54 — 54 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 28 — 28 Obligations of states, municipalities, and political subdivisions — 135 — 135 Certificates of deposit and commercial paper — 60 — 60 Non-U.S. government and government sponsored entities — 125 — 125 Corporate debt — 946 2 948 RMBS — 99 — 99 CMBS — 87 — 87 CDO/ABS — 95 1 96 Total available-for-sale securities (b) — 1,575 3 1,578 Other securities Bonds: Non-U.S. government and government sponsored entities — 1 — 1 Corporate debt — 66 2 68 RMBS — 1 — 1 CDO/ABS — 4 — 4 Total bonds — 72 2 74 Preferred stock 13 7 — 20 Common stock 23 — — 23 Other long-term investments — — 1 1 Total other securities 36 79 3 118 Total investment securities 36 1,654 6 1,696 Restricted cash in mutual funds 484 — — 484 Total $ 1,208 $ 1,708 $ 6 $ 2,922 (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 and six months ended June 30, 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 and six months ended June 30, 2018 and 2017 . FAIR VALUE MEASUREMENTS — VALUATION METHODOLOGIES AND ASSUMPTIONS See Note 24 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 for information regarding our methods and assumptions used to estimate fair value.

Business and Basis of Present26

Business and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 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 as revised to reflect the retrospective application of the contribution of Independence 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 SFC's Annual Report on Form 10-K for the year ended December 31, 2017 and our revised financial statement schedules included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . We follow the same significant accounting policies for our interim reporting, except for the new accounting pronouncements subsequently adopted and disclosed in Note 3 below.
ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED AND ACCOUNTING PRONOUNCEMENTS 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 ASUs 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 this ASU as of January 1, 2018 and concluded they do 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 ASUs 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 ASUs as of January 1, 2018 and presented this change on a retrospective basis for all periods presented. We concluded that these ASUs do 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 they do 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 they do not have a material impact on our consolidated financial statements. In February of 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income: Reclassifications of Certain Tax Effects from Accumulated Other 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 elected to early adopt as of April 1, 2018 and reclassified $3 million of stranded tax effects resulting in a decrease to retained earnings and an increase to accumulated other comprehensive income. 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 they do 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 they do not have a material impact on our consolidated financial statements. Goodwill Impairment In January of 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other: Simplifying the Test for Goodwill Impairment , which simplifies the test for goodwill impairment by eliminating Step 2 of the impairment testing process. The amendments in this ASU will become effective for the Company for fiscal years beginning January 1, 2020. 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. 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 ASUs 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 continues to make progress in line with the established 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 $167 million of minimum lease commitments from these operating leases (refer to Note 20 of the Notes to the Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1). 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 continues to make progress in line with the established project plan to ensure we comply with all updates from this ASU at the time of adoption. We continue to refine the development of 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 and the impact the adoption may have on any available-for-sale securities held by the Company. 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. We do not believe that any other accounting pronouncements issued during the six months ended June 30, 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 June 30, 2018 , our two segments were 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 OneMain Acquisition and 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, loan loss reserves, and acquisition costs to reflect the manner in which we assess our business results and (ii) excludes the impact of applying purchase accounting (eliminates premiums/discounts on our finance receivables 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 23 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 .

Significant Transaction (Tables

Significant Transaction (Tables)	6 Months Ended
	Jun. 30, 2018
Accounting Changes and Error Corrections [Abstract]
Schedule of revised condensed consolidated financial statements	The Company has retrospectively recast the financial results for all periods to include Independence as required for transactions between entities under common control. The following table presents the Company’s previously reported Consolidated Balance Sheet as of December 31, 2017 retrospectively recast for the contribution of Independence: (dollars in millions) December 31, 2017 As Reported SFC Independence Adjustments Consolidated SFC Assets Cash and cash equivalents $ 244 $ 714 $ — $ 958 Investment securities 536 1,172 (11 ) 1,697 Net finance receivables: Personal loans 5,308 9,467 — 14,775 Real estate loans * 128 — — 128 Retail sales finance * 6 — — 6 Net finance receivables 5,442 9,467 — 14,909 Unearned insurance premium and claim reserves (108 ) (482 ) — (590 ) Allowance for finance receivable losses (240 ) (452 ) — (692 ) Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses 5,094 8,533 — 13,627 Finance receivables held for sale 132 — — 132 Notes receivable from parent and affiliates 4,488 — (4,097 ) 391 Restricted cash and restricted cash equivalents 169 329 — 498 Goodwill — 1,422 — 1,422 Other intangible assets 15 424 — 439 Other assets 146 402 (67 ) 481 Total assets $ 10,824 $ 12,996 $ (4,175 ) $ 19,645 Liabilities and Shareholder’s Equity Long-term debt $ 7,865 $ 7,195 $ (10 ) $ 15,050 Note payable to parent and affiliates — 4,097 (4,097 ) — Insurance claims and policyholder liabilities 261 476 — 737 Deferred and accrued taxes 78 3 (35 ) 46 Other liabilities 214 229 (33 ) 410 Total liabilities 8,418 12,000 (4,175 ) 16,243 Commitments and contingent liabilities (Note 15) Shareholder’s equity: Common stock 5 — — 5 Additional paid-in capital 799 1,110 — 1,909 Accumulated other comprehensive income — 6 — 6 Retained earnings 1,602 (120 ) — 1,482 Total shareholder’s equity 2,406 996 — 3,402 Total liabilities and shareholder’s equity $ 10,824 $ 12,996 $ (4,175 ) $ 19,645 * Amounts are combined into “Other Receivables” on the Condensed Consolidated Balance Sheet The following tables present the Company’s previously reported Consolidated Statements of Operations for the three months and six months ended June 30, 2017 retrospectively recast for the contribution of Independence: Three Months Ended June 30, 2017 As Reported SFC Independence Adjustments Consolidated SFC (dollars in millions) Interest income: Finance charges $ 302 $ 466 $ — $ 768 Finance receivables held for sale originated as held for investment 4 — — 4 Total interest income 306 466 — 772 Interest expense 129 131 (57 ) 203 Net interest income 177 335 57 569 Provision for finance receivable losses 91 142 — 233 Net interest income after provision for finance receivable losses 86 193 57 336 Other revenues: Insurance 40 64 — 104 Investment 8 12 — 20 Interest income on notes receivable from parent and affiliates 62 — (57 ) 5 Net loss on repurchases and repayments of debt (27 ) — — (27 ) Other 4 18 (7 ) 15 Total other revenues 87 94 (64 ) 117 Other expenses: Operating expenses: Salaries and benefits 77 107 (6 ) 178 Acquisition-related transaction and integration expenses — — 14 14 Other operating expenses 65 98 (15 ) 148 Insurance policy benefits and claims 18 28 — 46 Total other expenses 160 233 (7 ) 386 Income before income tax expense 13 54 — 67 Income tax expense 5 15 — 20 Net income $ 8 $ 39 $ — $ 47 (dollars in millions) Six Months Ended June 30, 2017 As Reported SFC Independence Adjustments Consolidated SFC Interest income: Finance charges $ 596 $ 925 $ — $ 1,521 Finance receivables held for sale originated as held for investment 7 — — 7 Total interest income 603 925 — 1,528 Interest expense 256 260 (111 ) 405 Net interest income 347 665 111 1,123 Provision for finance receivable losses 162 314 — 476 Net interest income after provision for finance receivable losses 185 351 111 647 Other revenues: Insurance 77 130 — 207 Investment 14 25 — 39 Interest income on notes receivable from parent and affiliates 121 — (111 ) 10 Net loss on repurchases and repayments of debt (27 ) (1 ) — (28 ) Other 8 30 (14 ) 24 Total other revenues 193 184 (125 ) 252 Other expenses: Operating expenses: Salaries and benefits 156 211 (13 ) 354 Acquisition-related transaction and integration expenses — — 37 37 Other operating expenses 132 211 (38 ) 305 Insurance policy benefits and claims 34 57 — 91 Total other expenses 322 479 (14 ) 787 Income before income tax expense 56 56 — 112 Income tax expense 21 17 — 38 Net income $ 35 $ 39 $ — $ 74 The following table presents the Company’s previously reported Consolidated Statement of Cash Flows for the six months ended June 30, 2017 retrospectively recast for the contribution of Independence: Six Months Ended June 30, 2017 (dollars in millions) As Reported Independence Adjustments Consolidated Cash flows from operating activities Net income $ 35 $ 39 $ — $ 74 Reconciling adjustments: Provision for finance receivable losses 162 314 — 476 Depreciation and amortization 75 97 — 172 Deferred income tax benefit (58 ) 39 — (19 ) Net loss on repurchases and repayments of debt 27 1 — 28 Share-based compensation expense, net of forfeitures — 3 — 3 Other 2 (2 ) — — Cash flows due to changes in: Other assets and other liabilities * 111 47 — 158 Insurance claims and policyholder liabilities * 5 (36 ) — (31 ) Taxes receivable and payable * 25 (56 ) — (31 ) Accrued interest and finance charges * (29 ) 22 — (7 ) Other, net * (3 ) 1 — (2 ) Net cash provided by operating activities 352 469 — 821 Cash flows from investing activities Net principal originations of finance receivables held for investment and held for sale (307 ) (568 ) — (875 ) Cash advances on intercompany notes receivable (1,335 ) — 1,129 (206 ) Proceeds from repayments of principal on intercompany notes receivable 491 — (381 ) 110 Available-for-sale securities purchased (182 ) (169 ) — (351 ) Available-for-sale securities called, sold, and matured 136 246 — 382 Trading and other securities called, sold, and matured 1 5 — 6 Other, net 6 (2 ) — 4 Net cash provided by (used for) investing activities (1,190 ) (488 ) 748 (930 ) Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 2,124 509 — 2,633 Repayments of long-term debt (1,138 ) (1,116 ) — (2,254 ) Cash dividend of SFMC (10 ) — — (10 ) Withholding tax on share-based compensation — (2 ) — (2 ) Proceeds from intercompany note payable — 1,129 (1,129 ) — Payments on intercompany note payable — (381 ) 381 — Net cash provided by (used for) financing activities 976 139 (748 ) 367 Net change in cash and cash equivalents and restricted cash and restricted cash equivalents 138 120 — 258 Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period 467 654 — 1,121 Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period $ 605 $ 774 $ — $ 1,379 Consolidated Statement of Cash Flows (Continued) Six Months Ended June 30, 2017 (dollars in millions) As Reported Independence Adjustments Consolidated Supplemental cash flow information Cash and cash equivalents $ 413 $ 421 $ — $ 834 Restricted cash and restricted cash equivalents 192 353 — 545 Total cash and cash equivalents and restricted cash and restricted cash equivalents $ 605 $ 774 $ — $ 1,379 Supplemental non-cash activities Transfer of finance receivables to real estate owned $ 5 $ — $ — $ 5 Net unsettled investment security purchases (2 ) (1 ) — (3 ) Non-cash dividend of SFMC (28 ) — — (28 ) * Amounts are included in “Cash flows due to changes in other assets and other liabilities” on the Condensed Consolidated Statement of Cash Flows.

Finance Receivables (Tables)

Finance Receivables (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2018 Gross receivables (a)(b) $ 15,173 $ 123 $ 15,296 Unearned points and fees (175 ) — (175 ) Accrued finance charges 219 1 220 Deferred origination costs 124 — 124 Total $ 15,341 $ 124 $ 15,465 December 31, 2017 Gross receivables (a)(b) $ 14,617 $ 133 $ 14,750 Unearned points and fees (168 ) — (168 ) Accrued finance charges 210 1 211 Deferred origination costs 116 — 116 Total $ 14,775 $ 134 $ 14,909 (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 OneMain Acquisition and 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 premium, net of discount 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 June 30, 2018 Performing Current $ 14,727 $ 95 $ 14,822 30-59 days past due 191 9 200 60-89 days past due 133 3 136 Total performing 15,051 107 15,158 Nonperforming 90-179 days past due 282 4 286 180 days or more past due 8 13 21 Total nonperforming 290 17 307 Total $ 15,341 $ 124 $ 15,465 December 31, 2017 Performing Current $ 14,081 $ 104 $ 14,185 30-59 days past due 202 8 210 60-89 days past due 156 3 159 Total performing 14,439 115 14,554 Nonperforming 90-179 days past due 330 4 334 180 days or more past due 6 15 21 Total nonperforming 336 19 355 Total $ 14,775 $ 134 $ 14,909
Schedule of information regarding purchased credit impaired finance receivables	Information regarding our purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) June 30, December 31, OM Loans Carrying amount, net of allowance $ 127 $ 176 Outstanding balance (a) 180 243 Allowance for purchased credit impaired finance receivable losses — 6 FA Loans (b) Carrying amount, net of allowance $ 53 $ 57 Outstanding balance (a) 90 94 Allowance for purchased credit impaired finance receivable losses 9 9 (a) Outstanding balance is defined as UPB of the loans with a net carrying amount. (b) Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, Carrying amount $ 41 $ 44 Outstanding balance 68 72
Purchased credit impaired FA Loans held for sale	Purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, Carrying amount $ 41 $ 44 Outstanding balance 68 72
Schedule of changes in accretable yield for purchased credit impaired finance receivables	Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: Three Months Ended June 30, Six Months Ended June 30, (dollars in millions) 2018 2017 2018 2017 OM Loans Balance at beginning of period $ 49 $ 48 $ 47 $ 59 Accretion (8 ) (9 ) (14 ) (20 ) Reclassifications from (to) nonaccretable difference * 11 10 19 10 Balance at end of period $ 52 $ 49 $ 52 $ 49 FA Loans Balance at beginning of period $ 52 $ 59 $ 53 $ 60 Accretion (1 ) (2 ) (2 ) (3 ) Reclassifications from (to) nonaccretable difference * — (2 ) — (2 ) Balance at end of period $ 51 $ 55 $ 51 $ 55 * Reclassifications from (to) nonaccretable difference represents the increases (decreases) in accretable yield resulting from higher (lower) estimated undiscounted cash flows.
Schedule of information regarding troubled debt restructured ("TDR") finance receivables	Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Other Receivables (a) Total June 30, 2018 TDR gross finance receivables (b) $ 376 $ 136 $ 512 TDR net finance receivables 378 136 514 Allowance for TDR finance receivable losses 157 12 169 December 31, 2017 TDR gross finance receivables (b) $ 318 $ 139 $ 457 TDR net finance receivables 317 140 457 Allowance for TDR finance receivable losses 134 12 146 (a) Other Receivables held for sale included in the table above were as follows: (dollars in millions) June 30, December 31, 2017 TDR gross finance receivables $ 87 $ 90 TDR net finance receivables 87 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) June 30, December 31, 2017 TDR gross finance receivables $ 87 $ 90 TDR net finance receivables 87 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 June 30, 2018 TDR average net receivables $ 366 $ 137 $ 503 TDR finance charges recognized 11 2 13 Three Months Ended June 30, 2017 TDR average net receivables $ 197 $ 140 $ 337 TDR finance charges recognized 9 2 11 Six Months Ended June 30, 2018 TDR average net receivables $ 351 $ 138 $ 489 TDR finance charges recognized 22 4 26 Six Months Ended June 30, 2017 TDR average net receivables $ 175 $ 138 $ 313 TDR finance charges recognized 15 4 19 * Other Receivables held for sale included in the table above were as follows: Three Months Ended June 30, Six Months Ended June 30, (dollars in millions) 2018 2017 2018 2017 TDR average net receivables $ 88 $ 91 $ 89 $ 90 TDR finance charges recognized 2 2 3 3
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 June 30, Six Months Ended June 30, (dollars in millions) 2018 2017 2018 2017 TDR average net receivables $ 88 $ 91 $ 89 $ 90 TDR finance charges recognized 2 2 3 3
Schedule of new volume of the TDR finance receivables held for investment and held for sale	Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Other Receivables (a) Total Three Months Ended June 30, 2018 Pre-modification TDR net finance receivables $ 84 $ — $ 84 Post-modification TDR net finance receivables: Rate reduction $ 63 $ — $ 63 Other (b) 21 — 21 Total post-modification TDR net finance receivables $ 84 $ — $ 84 Number of TDR accounts 12,711 15 12,726 Three Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 115 $ 10 $ 125 Post-modification TDR net finance receivables: Rate reduction $ 79 $ 10 $ 89 Other (b) 35 — 35 Total post-modification TDR net finance receivables $ 114 $ 10 $ 124 Number of TDR accounts 14,444 350 14,794 Six Months Ended June 30, 2018 Pre-modification TDR net finance receivables $ 178 $ 2 $ 180 Post-modification TDR net finance receivables: Rate reduction $ 132 $ 2 $ 134 Other (b) 46 — 46 Total post-modification TDR net finance receivables $ 178 $ 2 $ 180 Number of TDR accounts 27,363 44 27,407 Six Months Ended June 30, 2017 Pre-modification TDR net finance receivables $ 159 $ 13 $ 172 Post-modification TDR net finance receivables: Rate reduction $ 118 $ 13 $ 131 Other (b) 39 — 39 Total post-modification TDR net finance receivables $ 157 $ 13 $ 170 Number of TDR accounts 20,873 414 21,287 (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 June 30, Six Months Ended June 30, (dollars in millions) 2018 2017 2018 2017 TDR net finance receivables * $ 18 $ 29 $ 35 $ 41 Number of TDR accounts 2,606 4,790 5,312 6,581 * Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted.

Allowance for Finance Receiva29

Allowance for Finance Receivable Losses (Tables)	6 Months Ended
	Jun. 30, 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 Total Three Months Ended June 30, 2018 Balance at beginning of period $ 661 $ 24 $ 685 Provision for finance receivable losses 260 (1 ) 259 Charge-offs (276 ) — (276 ) Recoveries 29 1 30 Balance at end of period $ 674 $ 24 $ 698 Three Months Ended June 30, 2017 Balance at beginning of period $ 643 $ 20 $ 663 Provision for finance receivable losses 232 1 233 Charge-offs (251 ) (2 ) (253 ) Recoveries 28 1 29 Balance at end of period $ 652 $ 20 $ 672 Six Months Ended June 30, 2018 Balance at beginning of period $ 668 $ 24 $ 692 Provision for finance receivable losses 513 (1 ) 512 Charge-offs (563 ) (1 ) (564 ) Recoveries 56 2 58 Balance at end of period $ 674 $ 24 $ 698 Six Months Ended June 30, 2017 Balance at beginning of period $ 666 $ 20 $ 686 Provision for finance receivable losses 474 2 476 Charge-offs (545 ) (3 ) (548 ) Recoveries 57 1 58 Balance at end of period $ 652 $ 20 $ 672
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 June 30, 2018 Allowance for finance receivable losses: Collectively evaluated for impairment $ 517 $ 3 $ 520 Purchased credit impaired finance receivables — 9 9 TDR finance receivables 157 12 169 Total $ 674 $ 24 $ 698 Finance receivables: Collectively evaluated for impairment $ 14,836 $ 54 $ 14,890 Purchased credit impaired finance receivables 127 21 148 TDR finance receivables 378 49 427 Total $ 15,341 $ 124 $ 15,465 Allowance for finance receivable losses as a percentage of finance receivables 4.40 % 19.25 % 4.52 % December 31, 2017 Allowance for finance receivable losses: Collectively evaluated for impairment $ 528 $ 3 $ 531 Purchased credit impaired finance receivables 6 9 15 TDR finance receivables 134 12 146 Total $ 668 $ 24 $ 692 Finance receivables: Collectively evaluated for impairment $ 14,276 $ 63 $ 14,339 Purchased credit impaired finance receivables 182 22 204 TDR finance receivables 317 49 366 Total $ 14,775 $ 134 $ 14,909 Allowance for finance receivable losses as a percentage of finance receivables 4.52 % 18.27 % 4.64 %

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2018 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 23 $ — $ — $ 23 Obligations of states, municipalities, and political subdivisions 135 — (1 ) 134 Certificates of deposit and commercial paper 26 — — 26 Non-U.S. government and government sponsored entities 134 — (2 ) 132 Corporate debt 1,034 3 (26 ) 1,011 Mortgage-backed, asset-backed, and collateralized: RMBS 118 1 (3 ) 116 CMBS 83 — (1 ) 82 CDO/ABS 95 — (1 ) 94 Total $ 1,648 $ 4 $ (34 ) $ 1,618 December 31, 2017 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 28 $ — $ — $ 28 Obligations of states, municipalities, and political subdivisions 135 — — 135 Certificates of deposit and commercial paper 60 — — 60 Non-U.S. government and government sponsored entities 126 — (1 ) 125 Corporate debt 941 12 (5 ) 948 Mortgage-backed, asset-backed, and collateralized: RMBS 100 — (1 ) 99 CMBS 88 — (1 ) 87 CDO/ABS 96 — — 96 Total $ 1,574 $ 12 $ (8 ) $ 1,578
Schedule of fair value and unrealized losses on investment securities by type and length of time in a continuous unrealized loss position	Fair value and unrealized losses on available-for-sale securities by type and length of time in a continuous unrealized loss position were as follows: Less Than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Unrealized Losses * Fair Value Unrealized Losses * Fair Value Unrealized Losses June 30, 2018 U.S. government and government sponsored entities $ 12 $ — $ 8 $ — $ 20 $ — Obligations of states, municipalities, and political subdivisions 84 (1 ) 17 — 101 (1 ) Non-U.S. government and government sponsored entities 63 (1 ) 57 (1 ) 120 (2 ) Corporate debt 741 (22 ) 99 (4 ) 840 (26 ) RMBS 80 (2 ) 32 (1 ) 112 (3 ) CMBS 42 — 33 (1 ) 75 (1 ) CDO/ABS 57 (1 ) 18 — 75 (1 ) Total $ 1,079 $ (27 ) $ 264 $ (7 ) $ 1,343 $ (34 ) December 31, 2017 U.S. government and government sponsored entities $ 21 $ — $ 3 $ — $ 24 $ — Obligations of states, municipalities, and political subdivisions 65 — 20 — 85 — Non-U.S. government and government sponsored entities 89 (1 ) 13 — 102 (1 ) Corporate debt 387 (3 ) 93 (2 ) 480 (5 ) RMBS 40 — 25 (1 ) 65 (1 ) CMBS 40 — 38 (1 ) 78 (1 ) CDO/ABS 48 — 26 — 74 — Total $ 690 $ (4 ) $ 218 $ (4 ) $ 908 $ (8 ) * Unrealized losses on certain available-for-sale securities were less than $1 million and, therefore, are not quantified in the table above.
Schedule of realized gains, realized losses, and net realized gains due to sale or redemption of fair values of available-for-sale securities	The proceeds of available-for-sale securities sold or redeemed and the resulting net realized gains were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Proceeds from sales and redemptions $ 69 $ 167 $ 140 $ 280 Realized gains $ — $ 5 $ — $ 9 Realized losses — (1 ) — (1 ) Net realized gains (losses) $ — $ 4 $ — $ 8
Schedule of contractual maturities of fixed-maturity available-for-sale securities	Contractual maturities of fixed-maturity available-for-sale securities at June 30, 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 $ 148 $ 148 Due after 1 year through 5 years 596 604 Due after 5 years through 10 years 385 396 Due after 10 years 197 204 Mortgage-backed, asset-backed, and collateralized securities 292 296 Total $ 1,618 $ 1,648
Schedule of fair value of trading securities by type	The fair value of other securities by type was as follows: (dollars in millions) June 30, December 31, Fixed maturity other securities: Bonds Non-U.S. government and government sponsored entities $ 1 $ 1 Corporate debt 51 68 Mortgage-backed, asset-backed, and collateralized: RMBS 1 1 CDO/ABS 3 4 Total bonds 56 74 Preferred stock * 22 20 Common stock * 23 23 Other long-term investments 1 1 Total $ 102 $ 118 * 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 (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Schedule of related party transactions	The table below sets forth the note receivables from our parent. We describe our affiliate lending in Note 12 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . (dollars in millions) Note Balance Interest Income * Three Months Ended June 30, Interest Income * Six Months Ended June 30, June 30, December 31, 2017 2018 2017 2018 2017 SFI Note $ 316 $ 391 $ 5 $ 5 $ 10 $ 10 * Reported in interest income on notes receivable from parent. The interest rate on notes receivable from parent is SFC’s cost of funds rate, which was 5.92% at June 30, 2018 and 6.09% at June 30, 2017 .

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2018 were as follows: Senior Debt (dollars in millions) Securitizations Medium Term Notes Junior Subordinated Debt Total Interest rates (a) 2.04% - 6.94% 5.25% - 8.25% 4.10 % Remainder of 2018 — — — — 2019 — 696 — 696 2020 — 1,299 — 1,299 2021 — 646 — 646 2022 — 1,000 — 1,000 2023 — 1,175 — 1,175 2024-2067 — 2,149 350 2,499 Securitizations (b) 8,119 — — 8,119 Total principal maturities $ 8,119 $ 6,965 $ 350 $ 15,434 Total carrying amount $ 8,094 $ 6,788 $ 172 $ 15,054 Debt issuance costs (c) $ (24 ) $ (55 ) $ — $ (79 ) (a) The interest rates shown are the range of contractual rates in effect at June 30, 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 4.10% as of June 30, 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 June 30, 2018 , there were no amounts drawn under our revolving conduit facilities. See Note 11 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 $24 million at June 30, 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 June 30, 2018 Outstanding balance (dollars in millions) 7.125% SFC Notes 5/11/2018 SFC Sixth Supplemental Indenture 7.125% $ 900 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)	6 Months Ended
	Jun. 30, 2018
Variable Interest Entities
Schedule of carrying amounts of consolidated VIE assets and liabilities associated with securitization trusts	Our securitized borrowings at June 30, 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 $ 817 3.60 % 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 2014-2 1,185 164 5.06 % 2 years 07/30/14 09/2024 OMFIT 2015-1 1,229 834 4.00 % 3 years 02/05/15 03/2026 OMFIT 2015-2 1,250 462 3.91 % 2 years 05/21/15 07/2025 OMFIT 2015-3 293 293 4.21 % 5 years 09/29/15 11/2028 OMFIT 2016-1 (b) 500 459 4.01 % 3 years 02/10/16 02/2029 OMFIT 2016-2 (b) 890 616 4.63 % 2 years 03/23/16 03/2028 OMFIT 2016-3 (b) 350 317 4.33 % 5 years 06/07/16 06/2031 OMFIT 2017-1 (b) 947 900 2.73 % 2 years 09/06/17 09/2032 OMFIT 2018-1 (c) 632 600 3.60 % 3 years 02/28/18 03/2029 OMFIT 2018-2 (d) 368 350 3.87 % 5 years 03/19/18 03/2033 Total consumer securitizations 7,245 Auto Securitizations: ODART 2016-1 (b) 754 99 3.70 % — 07/19/16 Various ODART 2017-1 (b) 300 200 2.76 % 1 year 02/01/17 Various ODART 2017-2 (b) 605 575 2.63 % 1 year 12/11/17 Various Total auto securitizations 874 Total secured structured financings $ 8,119 (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 14 of the Notes to Consolidated Financial Statements in Part II - Item 8 included in our Current Report Form 8-K/A Exhibit 99.1 filed on August 3, 2018 . (c) OMFIT 2018-1 Securitization. We initially retained approximately $32 million of the asset-backed notes. (d) 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) June 30, December 31, Assets Cash and cash equivalents $ 3 $ 4 Finance receivables: Personal loans 9,135 9,769 Allowance for finance receivable losses 459 465 Restricted cash and restricted cash equivalents 569 482 Other assets 24 20 Liabilities Long-term debt $ 8,094 $ 8,688 Other liabilities 15 15
Schedule of line of credit facilities	As of June 30, 2018 , our borrowings under conduit facilities consisted of the following: (dollar in millions) Advance Maximum Amount Revolving Collateral Type Due and Payable (a) Seine River Funding, LLC $ 500 $ — December 2019 Personal loans December 2022 Rocky River Funding, LLC (b) 400 — June 2020 Personal loans July 2021 Thur River Funding, LLC 350 — June 2020 Personal loans February 2027 OneMain Financial Funding IX, LLC 600 — June 2020 Personal loans July 2021 Mystic River Funding, LLC 850 — September 2020 Personal loans and auto loans October 2023 Fourth Avenue Auto Funding, LLC 250 — September 2020 Auto loans October 2021 OneMain Financial Funding VIII, LLC (c) 450 — January 2021 Personal loans February 2023 OneMain Financial Auto Funding I, LLC (d) 850 — June 2021 Auto loans July 2028 OneMain Financial Funding VII, LLC (e) 850 — June 2021 Personal loans July 2023 Thayer Brook Funding, LLC (f) 250 — July 2021 Auto loans August 2022 Total $ 5,350 $ — (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) On June 27, 2018, we amended the loan and security agreement with Rocky River Funding, LLC to, among other things, (i) increase the advance maximum balance from $250 million to $400 million and (ii) extend the revolving period ending September 2019 to June 2020 thereby extending the final maturity to July 2021. (c) On February 2, 2018, we entered into a loan and security agreement with OneMain Financial Funding VIII, LLC concurrently with the voluntary termination of the note purchase agreement with the OneMain Financial B6 Warehouse Trust. (d) On June 26, 2018, we amended the loan and security agreement with OneMain Financial Auto Funding I, LLC to, among other things, (i) increase the advance maximum balance from $750 million to $850 million and (ii) extend the revolving period ending October 2020 to June 2021 thereby extending the final maturity to July 2028. (e) On May 31, 2018, we amended the loan and security agreement with OneMain Financial Funding VII, LLC to, among other things, (i) increase the advance maximum balance from $650 million to $850 million and (ii) extend the revolving period ending October 2019 to June 2021 thereby extending the final maturity to July 2023. (f) On June 28, 2018, we entered into a new loan and security agreement with Thayer Brook Funding, LLC.

Insurance (Tables)

Insurance (Tables)	6 Months Ended
	Jun. 30, 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 $ 154 $ 158 Less reinsurance recoverables (23 ) (26 ) Net balance at beginning of period 131 132 Additions for losses and loss adjustment expenses incurred to: Current year 102 96 Prior years * (5 ) 2 Total 97 98 Reductions for losses and loss adjustment expenses paid related to: Current year (47 ) (45 ) Prior years (51 ) (58 ) Total (98 ) (103 ) Net balance at end of period 130 127 Plus reinsurance recoverables 4 25 Transfer of reserves (19 ) — Balance at end of period $ 115 $ 152 * Reflects (i) a redundancy in the prior years’ net reserves of $5 million at June 30, 2018 primarily due to favorable development of credit disability and unemployment claims during the year and (ii) a shortfall in the prior years’ net reserves of $2 million at June 30, 2017 primarily due to adverse development on ordinary life and credit disability during the year.

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Schedule of changes in accumulated other comprehensive income	Changes, net of tax, in accumulated other comprehensive income (loss) were as follows: (dollars in millions) Unrealized Gains (Losses) Available-for-Sale Securities Retirement Plan Liabilities Adjustments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income (Loss) Three Months Ended June 30, 2018 Balance at beginning of period $ (19 ) $ (2 ) $ 1 $ (20 ) Other comprehensive income (loss) before reclassifications (7 ) 2 (4 ) (9 ) Impact of AOCI reclassification due to the Tax Act 2 (1 ) 2 3 Balance at end of period $ (24 ) $ (1 ) $ (1 ) $ (26 ) Three Months Ended June 30, 2017 Balance at beginning of period $ 3 $ (4 ) $ (1 ) $ (2 ) Other comprehensive income before reclassifications 6 3 2 11 Reclassification adjustments from accumulated other comprehensive loss (3 ) — — (3 ) Balance at end of period $ 6 $ (1 ) $ 1 $ 6 Six Months Ended June 30, 2018 Balance at beginning of period $ 4 $ (1 ) $ 3 $ 6 Other comprehensive income (loss) before reclassifications (30 ) 1 (6 ) (35 ) Impact of AOCI reclassification due to the Tax Act 2 (1 ) 2 3 Balance at end of period $ (24 ) $ (1 ) $ (1 ) $ (26 ) Six Months Ended June 30, 2017 Balance at beginning of period $ (1 ) $ (4 ) $ (1 ) $ (6 ) Other comprehensive income before reclassifications 13 3 2 18 Reclassification adjustments from accumulated other comprehensive loss (6 ) — — (6 ) Balance at end of period $ 6 $ (1 ) $ 1 $ 6
Reclassification out of accumulated other comprehensive income	Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our condensed consolidated statements of operations were as follows: (dollars in millions) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Unrealized gains on available-for-sale securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ — $ 4 $ — $ 8 Income tax effect — (1 ) — (2 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes $ — $ 3 $ — $ 6

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 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 Three Months Ended June 30, 2018 Interest income $ 908 $ — $ 5 $ (11 ) $ 902 Interest expense 212 — 5 3 220 Provision for finance receivable losses 260 — (3 ) 2 259 Net interest income after provision for finance receivable losses 436 — 3 (16 ) 423 Other revenues (a) 108 — 4 26 138 Acquisition-related transaction and integration expenses 22 — — 6 28 Other expenses 363 1 108 6 478 Income (loss) before income tax expense (benefit) $ 159 $ (1 ) $ (101 ) $ (2 ) $ 55 Three Months Ended June 30, 2017 Interest income $ 801 $ — $ 6 $ (35 ) $ 772 Interest expense 189 — 5 9 203 Provision for finance receivable losses 231 — — 2 233 Net interest income after provision for finance receivable losses 381 — 1 (46 ) 336 Other revenues (a) 128 6 (17 ) 117 Acquisition-related transaction and integration expenses 14 — — — 14 Other expenses 363 — 2 7 372 Income before income tax expense $ 132 $ — $ 5 $ (70 ) $ 67 (dollars in millions) Consumer Acquisitions Other Segment to Consolidated At or for the Six Months Ended June 30, 2018 Interest income $ 1,779 $ — $ 9 $ (26 ) $ 1,762 Interest expense 406 — 9 5 420 Provision for finance receivable losses 517 — (5 ) — 512 Net interest income after provision for finance receivable losses 856 — 5 (31 ) 830 Other revenues (a) 211 — 7 51 269 Acquisition-related transaction and integration expenses 32 — — 7 39 Other expenses 707 3 113 11 834 Income (loss) before income tax expense (benefit) $ 328 $ (3 ) $ (101 ) $ 2 $ 226 Assets (b) $ 17,102 $ — $ 563 $ 2,113 $ 19,778 At or for the Six Months Ended June 30, 2017 Interest income $ 1,596 $ — $ 12 $ (80 ) $ 1,528 Interest expense 375 — 11 19 405 Provision for finance receivable losses 468 — 1 7 476 Net interest income after provision for finance receivable losses 753 — — (106 ) 647 Other revenues (a) 265 — 12 (25 ) 252 Acquisition-related transaction and integration expenses 34 — 6 (3 ) 37 Other expenses 727 — 6 17 750 Income before income tax expense $ 257 $ — $ — $ (145 ) $ 112 Assets (b) $ 16,283 $ — $ 682 $ 1,913 $ 18,878 (a) Other revenues reported in “Other” primarily includes interest income on SFC’s note receivable from SFI. See Note 9 for further information on the notes receivable from parent. (b) Assets reported in “Other” primarily includes notes receivable from parent discussed above. See Note 9 for further information on the notes receivable from parent.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2018 Assets Cash and cash equivalents $ 488 $ 32 $ — $ 520 $ 520 Investment securities 38 1,677 5 1,720 1,720 Net finance receivables, less allowance for finance receivable losses — — 16,154 16,154 14,767 Finance receivables held for sale — — 133 133 123 Notes receivable from parent and affiliates — 316 — 316 316 Restricted cash and restricted cash equivalents 586 — — 586 586 Other assets (a) — 19 11 30 30 Liabilities Long-term debt $ — $ 15,450 $ — $ 15,450 $ 15,054 Other liabilities (b) — 97 — 97 97 December 31, 2017 Assets Cash and cash equivalents $ 904 $ 54 $ — $ 958 $ 958 Investment securities 36 1,654 7 1,697 1,697 Net finance receivables, less allowance for finance receivable losses — — 15,607 15,607 14,217 Finance receivables held for sale — — 139 139 132 Notes receivable from parent and affiliates — 391 — 391 391 Restricted cash and restricted cash equivalents 498 — — 498 498 Other assets (a) — 4 12 16 16 Liabilities Long-term debt $ — $ 15,625 $ — $ 15,625 $ 15,050 Other liabilities (b) — 189 — 189 189 (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 $19 million at June 30, 2018 and $4 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 * June 30, 2018 Assets Cash equivalents in mutual funds $ 346 $ — $ — $ 346 Cash equivalents in securities — 32 — 32 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 23 — 23 Obligations of states, municipalities, and political subdivisions — 134 — 134 Certificates of deposit and commercial paper — 26 — 26 Non-U.S. government and government sponsored entities — 132 — 132 Corporate debt — 1,009 2 1,011 RMBS — 116 — 116 CMBS — 82 — 82 CDO/ABS — 93 1 94 Total available-for-sale securities — 1,615 3 1,618 Other securities Bonds: Non-U.S. government and government sponsored entities — 1 — 1 Corporate debt — 50 1 51 RMBS — 1 — 1 CDO/ABS — 3 — 3 Total bonds — 55 1 56 Preferred stock 15 7 — 22 Common stock 23 — — 23 Other long-term investments — — 1 1 Total other securities 38 62 2 102 Total investment securities 38 1,677 5 1,720 Restricted cash in mutual funds 570 — — 570 Total $ 954 $ 1,709 $ 5 $ 2,668 * Due to the insignificant activity within the Level 3 assets during the three and six months ended June 30, 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 $ 688 $ — $ — $ 688 Cash equivalents in securities — 54 — 54 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 28 — 28 Obligations of states, municipalities, and political subdivisions — 135 — 135 Certificates of deposit and commercial paper — 60 — 60 Non-U.S. government and government sponsored entities — 125 — 125 Corporate debt — 946 2 948 RMBS — 99 — 99 CMBS — 87 — 87 CDO/ABS — 95 1 96 Total available-for-sale securities (b) — 1,575 3 1,578 Other securities Bonds: Non-U.S. government and government sponsored entities — 1 — 1 Corporate debt — 66 2 68 RMBS — 1 — 1 CDO/ABS — 4 — 4 Total bonds — 72 2 74 Preferred stock 13 7 — 20 Common stock 23 — — 23 Other long-term investments — — 1 1 Total other securities 36 79 3 118 Total investment securities 36 1,654 6 1,696 Restricted cash in mutual funds 484 — — 484 Total $ 1,208 $ 1,708 $ 6 $ 2,922 (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 Present38

Business and Basis of Presentation (Details) - USD ($) $ / shares in Units, $ in Millions	Jun. 25, 2018	Feb. 21, 2018	Mar. 31, 2018	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Related Party Transaction [Line Items]
Common stock, par value (dollars per share)				$ 0.5		$ 0.5
Non-cash incentive compensation from SFH				$ 110	$ 0
Majority Shareholder
Related Party Transaction [Line Items]
Percent of common stock held by related party				40.50%
Apollo-Värde Group | OMH
Related Party Transaction [Line Items]
Sale of stock, number of shares issued in transaction (in shares)	54,937,500
Common stock, par value (dollars per share)	$ 0.01
Sale of stock, price per share (dollars per share)	$ 26
Sale of stock, consideration received on transaction	$ 1,400
Non-cash incentive compensation from SFH				$ 106
Initial Stockholder and Morgan Stanley & Co. LLC | OMH
Related Party Transaction [Line Items]
Sale of stock, number of shares issued in transaction (in shares)		4,179,678
FA Loans | OMH
Related Party Transaction [Line Items]
Non-cash incentive compensation from SFH			$ 4
OMH | Springleaf Financial Holdings LLC
Related Party Transaction [Line Items]
Sale of stock, percentage of ownership before transaction						44.00%

Significant Transaction - Balan

Significant Transaction - Balance Sheets (Details) - USD ($) $ in Millions	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 520		$ 958	$ 834
Investment securities	1,720		1,697
Net finance receivables:
Personal loans	15,341		14,775
Real estate loans			128
Retail sales finance			6
Net finance receivables	15,465		14,909
Unearned insurance premium and claim reserves	(611)		(590)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $459 million in 2018 and $465 million in 2017)	(698)	$ (685)	(692)	(672)	$ (663)	$ (686)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	14,156		13,627
Finance receivables held for sale	123		132
Notes receivables from parent	316		391
Restricted cash and restricted cash equivalents	586		498	545
Goodwill	1,422		1,422
Other intangible assets	407		439
Other assets	528		481
Total assets	19,778		19,645	18,878
Liabilities and Shareholder's Equity
Total carrying amount	15,054		15,050
Note payable to parent and affiliates			0
Insurance claims and policyholder liabilities	690		737
Deferred and accrued taxes	3		46
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and 2017)	411		410
Total liabilities	16,158		16,243
Commitments and contingent liabilities (Note 15)
Shareholder's equity:
Common stock, par value $.50 per share; 25,000,000 shares authorized, 10,160,021 shares issued and outstanding at June 30, 2018 and December 31, 2017	5		5
Additional paid-in capital	2,020		1,909
Accumulated other comprehensive income	(26)		6
Retained earnings	1,621		1,482
Total shareholder's equity	3,620		3,402	3,322		$ 3,273
Total liabilities and shareholder's equity	$ 19,778		19,645
Independence
Assets
Cash and cash equivalents			714	421
Investment securities			1,172
Net finance receivables:
Personal loans			9,467
Real estate loans			0
Retail sales finance			0
Net finance receivables			9,467
Unearned insurance premium and claim reserves			(482)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $459 million in 2018 and $465 million in 2017)			(452)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses			8,533
Finance receivables held for sale			0
Notes receivables from parent			0
Restricted cash and restricted cash equivalents			329	353
Goodwill			1,422
Other intangible assets			424
Other assets			402
Total assets			12,996
Liabilities and Shareholder's Equity
Total carrying amount			7,195
Note payable to parent and affiliates			4,097
Insurance claims and policyholder liabilities			476
Deferred and accrued taxes			3
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and 2017)			229
Total liabilities			12,000
Commitments and contingent liabilities (Note 15)
Shareholder's equity:
Common stock, par value $.50 per share; 25,000,000 shares authorized, 10,160,021 shares issued and outstanding at June 30, 2018 and December 31, 2017			0
Additional paid-in capital			1,110
Accumulated other comprehensive income			6
Retained earnings			(120)
Total shareholder's equity			996
Total liabilities and shareholder's equity			12,996
As Reported SFC
Assets
Cash and cash equivalents			244	413
Investment securities			536
Net finance receivables:
Personal loans			5,308
Real estate loans			128
Retail sales finance			6
Net finance receivables			5,442
Unearned insurance premium and claim reserves			(108)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $459 million in 2018 and $465 million in 2017)			(240)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses			5,094
Finance receivables held for sale			132
Notes receivables from parent			4,488
Restricted cash and restricted cash equivalents			169	192
Goodwill			0
Other intangible assets			15
Other assets			146
Total assets			10,824
Liabilities and Shareholder's Equity
Total carrying amount			7,865
Note payable to parent and affiliates			0
Insurance claims and policyholder liabilities			261
Deferred and accrued taxes			78
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and 2017)			214
Total liabilities			8,418
Commitments and contingent liabilities (Note 15)
Shareholder's equity:
Common stock, par value $.50 per share; 25,000,000 shares authorized, 10,160,021 shares issued and outstanding at June 30, 2018 and December 31, 2017			5
Additional paid-in capital			799
Accumulated other comprehensive income			0
Retained earnings			1,602
Total shareholder's equity			2,406
Total liabilities and shareholder's equity			10,824
Adjustments
Assets
Cash and cash equivalents			0	0
Investment securities			(11)
Net finance receivables:
Personal loans			0
Real estate loans			0
Retail sales finance			0
Net finance receivables			0
Unearned insurance premium and claim reserves			0
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $459 million in 2018 and $465 million in 2017)			0
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses			0
Finance receivables held for sale			0
Notes receivables from parent			(4,097)
Restricted cash and restricted cash equivalents			0	$ 0
Goodwill			0
Other intangible assets			0
Other assets			(67)
Total assets			(4,175)
Liabilities and Shareholder's Equity
Total carrying amount			(10)
Note payable to parent and affiliates			(4,097)
Insurance claims and policyholder liabilities			0
Deferred and accrued taxes			(35)
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and 2017)			(33)
Total liabilities			(4,175)
Commitments and contingent liabilities (Note 15)
Shareholder's equity:
Common stock, par value $.50 per share; 25,000,000 shares authorized, 10,160,021 shares issued and outstanding at June 30, 2018 and December 31, 2017			0
Additional paid-in capital			0
Accumulated other comprehensive income			0
Retained earnings			0
Total shareholder's equity			0
Total liabilities and shareholder's equity			$ (4,175)

Significant Transaction - State

Significant Transaction - Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Interest income:
Finance charges	$ 899	$ 768	$ 1,756	$ 1,521
Finance receivables held for sale originated as held for investment	3	4	6	7
Total interest income	902	772	1,762	1,528
Interest expense	220	203	420	405
Net interest income	682	569	1,342	1,123
Provision for finance receivable losses	259	233	512	476
Net interest income after provision for finance receivable losses	423	336	830	647
Other revenues:
Insurance	107	104	212	207
Investment	19	20	32	39
Interest income on notes receivable from parent	5	5	10	10
Net loss on repurchases and repayments of debt	(7)	(27)	(8)	(28)
Other	14	15	23	24
Total other revenues	138	117	269	252
Operating expenses:
Salaries and benefits	287	178	467	354
Acquisition-related transaction and integration expenses	28	14	39	37
Other operating expenses	140	148	271	305
Insurance policy benefits and claims	51	46	96	91
Total other expenses	506	386	873	787
Income (loss) before income tax expense (benefit)	55	67	226	112
Income taxes	43	20	84	38
Net income	$ 12	47	$ 142	74
As Reported SFC
Interest income:
Finance charges		302		596
Finance receivables held for sale originated as held for investment		4		7
Total interest income		306		603
Interest expense		129		256
Net interest income		177		347
Provision for finance receivable losses		91		162
Net interest income after provision for finance receivable losses		86		185
Other revenues:
Insurance		40		77
Investment		8		14
Interest income on notes receivable from parent		62		121
Net loss on repurchases and repayments of debt		(27)		(27)
Other		4		8
Total other revenues		87		193
Operating expenses:
Salaries and benefits		77		156
Acquisition-related transaction and integration expenses		0		0
Other operating expenses		65		132
Insurance policy benefits and claims		18		34
Total other expenses		160		322
Income (loss) before income tax expense (benefit)		13		56
Income taxes		5		21
Net income		8		35
Adjustments
Interest income:
Finance charges		0		0
Finance receivables held for sale originated as held for investment		0		0
Total interest income		0		0
Interest expense		(57)		(111)
Net interest income		57		111
Provision for finance receivable losses		0		0
Net interest income after provision for finance receivable losses		57		111
Other revenues:
Insurance		0		0
Investment		0		0
Interest income on notes receivable from parent		(57)		(111)
Net loss on repurchases and repayments of debt		0		0
Other		(7)		(14)
Total other revenues		(64)		(125)
Operating expenses:
Salaries and benefits		(6)		(13)
Acquisition-related transaction and integration expenses		14		37
Other operating expenses		(15)		(38)
Insurance policy benefits and claims		0		0
Total other expenses		(7)		(14)
Income (loss) before income tax expense (benefit)		0		0
Income taxes		0		0
Net income		0		0
Independence
Interest income:
Finance charges		466		925
Finance receivables held for sale originated as held for investment		0		0
Total interest income		466		925
Interest expense		131		260
Net interest income		335		665
Provision for finance receivable losses		142		314
Net interest income after provision for finance receivable losses		193		351
Other revenues:
Insurance		64		130
Investment		12		25
Interest income on notes receivable from parent		0		0
Net loss on repurchases and repayments of debt		0		(1)
Other		18		30
Total other revenues		94		184
Operating expenses:
Salaries and benefits		107		211
Acquisition-related transaction and integration expenses		0		0
Other operating expenses		98		211
Insurance policy benefits and claims		28		57
Total other expenses		233		479
Income (loss) before income tax expense (benefit)		54		56
Income taxes		15		17
Net income		$ 39		$ 39

Significant Transaction - Sta41

Significant Transaction - Statements of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Cash flows from operating activities
Net income	$ 12	$ 47	$ 142	$ 74
Reconciling adjustments:
Provision for finance receivable losses	259	233	512	476
Depreciation and amortization			125	172
Deferred income tax benefit			10	(19)
Net loss on repurchases and repayments of debt	7	27	8	28
Share-based compensation expense, net of forfeitures			2	3
Other			8	0
Cash flows due to changes in:
Other assets and other liabilities				158
Insurance claims and policyholder liabilities				(31)
Taxes receivable and payable				(31)
Accrued interest and finance charges				(7)
Other, net				(2)
Net cash provided by operating activities			849	821
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale			(1,116)	(875)
Cash advances on intercompany notes receivables			(29)	(206)
Proceeds from repayments of principal on intercompany notes receivables			101	110
Available-for-sale securities purchased			(394)	(351)
Available-for-sale securities called, sold, and matured			280	382
Trading and other securities called, sold, and matured			20	6
Other, net			(24)	4
Net cash provided by (used for) investing activities			(1,162)	(930)
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions			3,739	2,633
Repayments of long-term debt			(3,776)	(2,254)
Cash dividend of SFMC			0	(10)
Withholding tax on share-based compensation			(1)	(2)
Proceeds from intercompany note payable				0
Payments on intercompany note payable				0
Net cash provided by (used for) financing activities			(38)	367
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents			(351)	258
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period			1,457	1,121
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	1,106	1,379	1,106	1,379
Supplemental cash flow information
Cash and cash equivalents					$ 520	$ 958	$ 834
Restricted cash and restricted cash equivalents					586	498	545
Total cash and cash equivalents and restricted cash and restricted cash equivalents	$ 1,106	1,379	1,457	1,121	$ 1,106	1,457	1,379
Supplemental non-cash activities
Transfer of finance receivables to real estate owned			3	5
Net unsettled investment security purchases			(1)	(3)
Non-cash dividend of SFMC			$ 0	(28)
As Reported SFC
Cash flows from operating activities
Net income		8		35
Reconciling adjustments:
Provision for finance receivable losses		91		162
Depreciation and amortization				75
Deferred income tax benefit				(58)
Net loss on repurchases and repayments of debt		27		27
Share-based compensation expense, net of forfeitures				0
Other				2
Cash flows due to changes in:
Other assets and other liabilities				111
Insurance claims and policyholder liabilities				5
Taxes receivable and payable				25
Accrued interest and finance charges				(29)
Other, net				(3)
Net cash provided by operating activities				352
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale				(307)
Cash advances on intercompany notes receivables				(1,335)
Proceeds from repayments of principal on intercompany notes receivables				491
Available-for-sale securities purchased				(182)
Available-for-sale securities called, sold, and matured				136
Trading and other securities called, sold, and matured				1
Other, net				6
Net cash provided by (used for) investing activities				(1,190)
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions				2,124
Repayments of long-term debt				(1,138)
Cash dividend of SFMC				(10)
Withholding tax on share-based compensation				0
Proceeds from intercompany note payable				0
Payments on intercompany note payable				0
Net cash provided by (used for) financing activities				976
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents				138
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period				467
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period		605		605
Supplemental cash flow information
Cash and cash equivalents						244	413
Restricted cash and restricted cash equivalents						169	192
Total cash and cash equivalents and restricted cash and restricted cash equivalents		605		467			605
Supplemental non-cash activities
Transfer of finance receivables to real estate owned				5
Net unsettled investment security purchases				(2)
Non-cash dividend of SFMC				(28)
Adjustments
Cash flows from operating activities
Net income		0		0
Reconciling adjustments:
Provision for finance receivable losses		0		0
Depreciation and amortization				0
Deferred income tax benefit				0
Net loss on repurchases and repayments of debt		0		0
Share-based compensation expense, net of forfeitures				0
Other				0
Cash flows due to changes in:
Other assets and other liabilities				0
Insurance claims and policyholder liabilities				0
Taxes receivable and payable				0
Accrued interest and finance charges				0
Other, net				0
Net cash provided by operating activities				0
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale				0
Cash advances on intercompany notes receivables				1,129
Proceeds from repayments of principal on intercompany notes receivables				(381)
Available-for-sale securities purchased				0
Available-for-sale securities called, sold, and matured				0
Trading and other securities called, sold, and matured				0
Other, net				0
Net cash provided by (used for) investing activities				748
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions				0
Repayments of long-term debt				0
Cash dividend of SFMC				0
Withholding tax on share-based compensation				0
Proceeds from intercompany note payable				(1,129)
Payments on intercompany note payable				381
Net cash provided by (used for) financing activities				(748)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents				0
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period				0
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period		0		0
Supplemental cash flow information
Cash and cash equivalents						0	0
Restricted cash and restricted cash equivalents						0	0
Total cash and cash equivalents and restricted cash and restricted cash equivalents		0		0			0
Supplemental non-cash activities
Transfer of finance receivables to real estate owned				0
Net unsettled investment security purchases				0
Non-cash dividend of SFMC				0
Independence
Cash flows from operating activities
Net income		39		39
Reconciling adjustments:
Provision for finance receivable losses		142		314
Depreciation and amortization				97
Deferred income tax benefit				39
Net loss on repurchases and repayments of debt		0		1
Share-based compensation expense, net of forfeitures				3
Other				(2)
Cash flows due to changes in:
Other assets and other liabilities				47
Insurance claims and policyholder liabilities				(36)
Taxes receivable and payable				(56)
Accrued interest and finance charges				22
Other, net				1
Net cash provided by operating activities				469
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale				(568)
Cash advances on intercompany notes receivables				0
Proceeds from repayments of principal on intercompany notes receivables				0
Available-for-sale securities purchased				(169)
Available-for-sale securities called, sold, and matured				246
Trading and other securities called, sold, and matured				5
Other, net				(2)
Net cash provided by (used for) investing activities				(488)
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions				509
Repayments of long-term debt				(1,116)
Cash dividend of SFMC				0
Withholding tax on share-based compensation				(2)
Proceeds from intercompany note payable				1,129
Payments on intercompany note payable				(381)
Net cash provided by (used for) financing activities				139
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents				120
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period				654
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period		774		774
Supplemental cash flow information
Cash and cash equivalents						714	421
Restricted cash and restricted cash equivalents						$ 329	353
Total cash and cash equivalents and restricted cash and restricted cash equivalents		$ 774		654			$ 774
Supplemental non-cash activities
Transfer of finance receivables to real estate owned				0
Net unsettled investment security purchases				(1)
Non-cash dividend of SFMC				$ 0

Recent Accounting Pronounceme42

Recent Accounting Pronouncements (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of AOCI reclassification due to the Tax Act			$ 0
Operating leases, future minimum payments due				$ 167
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of AOCI reclassification due to the Tax Act			(3)
Accumulated Other Comprehensive Income (Loss)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of AOCI reclassification due to the Tax Act	$ 3		$ 3
New Accounting Pronouncement, Early Adoption, Effect | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of AOCI reclassification due to the Tax Act		$ (3)
New Accounting Pronouncement, Early Adoption, Effect | Accumulated Other Comprehensive Income (Loss)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of AOCI reclassification due to the Tax Act		$ 3

Finance Receivables - Narrative

Finance Receivables - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Finance Receivables
Loans receivable held for sale	$ 123,000,000	$ 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	44.00%	43.00%
Retail Sales Finance | Nonperforming
Finance Receivables
Accrual of finance charges, past due period	90 days
Minimum | Personal loans
Finance Receivables
Finance receivables original term	3 years
Maximum | Personal loans
Finance Receivables
Finance receivables original term	6 years

Finance Receivables - Component

Finance Receivables - Components of Net Finance Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Finance Receivables
Gross receivables	$ 15,296	$ 14,750
Unearned points and fees	(175)	(168)
Accrued finance charges	220	211
Deferred origination costs	124	116
Net finance receivables	15,465	14,909
Personal Loans
Finance Receivables
Gross receivables	15,173	14,617
Unearned points and fees	(175)	(168)
Accrued finance charges	219	210
Deferred origination costs	124	116
Net finance receivables	15,341	14,775
Other Receivables
Finance Receivables
Gross receivables	123	133
Unearned points and fees	0	0
Accrued finance charges	1	1
Deferred origination costs	0	0
Net finance receivables	$ 124	$ 134

Finance Receivables - Net Finan

Finance Receivables - Net Finance Receivables by Type and Days Delinquent (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Delinquency by finance receivables type
Net finance receivables	$ 15,465	$ 14,909
Personal Loans
Delinquency by finance receivables type
Net finance receivables	15,341	14,775
Other Receivables
Delinquency by finance receivables type
Net finance receivables	124	134
Performing
Delinquency by finance receivables type
Net finance receivables	15,158	14,554
Performing | Current
Delinquency by finance receivables type
Net finance receivables	14,822	14,185
Performing | 30-59 days past due
Delinquency by finance receivables type
Net finance receivables	200	210
Performing | 60-89 days past due
Delinquency by finance receivables type
Net finance receivables	136	159
Performing | Personal Loans
Delinquency by finance receivables type
Net finance receivables	15,051	14,439
Performing | Personal Loans | Current
Delinquency by finance receivables type
Net finance receivables	14,727	14,081
Performing | Personal Loans | 30-59 days past due
Delinquency by finance receivables type
Net finance receivables	191	202
Performing | Personal Loans | 60-89 days past due
Delinquency by finance receivables type
Net finance receivables	133	156
Performing | Other Receivables
Delinquency by finance receivables type
Net finance receivables	107	115
Performing | Other Receivables | Current
Delinquency by finance receivables type
Net finance receivables	95	104
Performing | Other Receivables | 30-59 days past due
Delinquency by finance receivables type
Net finance receivables	9	8
Performing | Other Receivables | 60-89 days past due
Delinquency by finance receivables type
Net finance receivables	3	3
Nonperforming
Delinquency by finance receivables type
Net finance receivables	307	355
Nonperforming | 90-179 days past due
Delinquency by finance receivables type
Net finance receivables	286	334
Nonperforming | 180 days or more past due
Delinquency by finance receivables type
Net finance receivables	21	21
Nonperforming | Personal Loans
Delinquency by finance receivables type
Net finance receivables	290	336
Nonperforming | Personal Loans | 90-179 days past due
Delinquency by finance receivables type
Net finance receivables	282	330
Nonperforming | Personal Loans | 180 days or more past due
Delinquency by finance receivables type
Net finance receivables	8	6
Nonperforming | Other Receivables
Delinquency by finance receivables type
Net finance receivables	17	19
Nonperforming | Other Receivables | 90-179 days past due
Delinquency by finance receivables type
Net finance receivables	4	4
Nonperforming | Other Receivables | 180 days or more past due
Delinquency by finance receivables type
Net finance receivables	$ 13	$ 15

Finance Receivables - Purchased

Finance Receivables - Purchased Credit Impaired Finance Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Finance Receivables
Allowance for purchased credit impaired finance receivable losses	$ 9	$ 15
OM Loans
Finance Receivables
Carrying amount, net of allowance	127	176
Outstanding balance	180	243
Allowance for purchased credit impaired finance receivable losses	0	6
FA Loans
Finance Receivables
Carrying amount, net of allowance	53	57
Outstanding balance	90	94
Allowance for purchased credit impaired finance receivable losses	9	9
Carrying amount	41	44
Outstanding balance	$ 68	$ 72

Finance Receivables - Changes i

Finance Receivables - Changes in Accretable Yield for Purchased Credit Impaired Finance Receivables (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
OM Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	$ 49	$ 48	$ 47	$ 59
Accretion	(8)	(9)	(14)	(20)
Reclassifications from (to) nonaccretable difference	11	10	19	10
Balance at end of period	52	49	52	49
FA Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	52	59	53	60
Accretion	(1)	(2)	(2)	(3)
Reclassifications from (to) nonaccretable difference	0	(2)	0	(2)
Balance at end of period	$ 51	$ 55	$ 51	$ 55

Finance Receivables - TDR Finan

Finance Receivables - TDR Finance Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	$ 512	$ 457
TDR net finance receivables	514	457
Allowance for TDR finance receivable losses	169	146
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	376	318
TDR net finance receivables	378	317
Allowance for TDR finance receivable losses	157	134
Other Receivables
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	136	139
TDR net finance receivables	136	140
Allowance for TDR finance receivable losses	12	12
TDR gross finance receivables	87	90
TDR net finance receivables	$ 87	$ 91

Finance Receivables - TDR Avera

Finance Receivables - TDR Average Net Receivables and Finance Charges Recognized (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables	$ 366	$ 197	$ 351	$ 175
TDR finance charges recognized	11	9	22	15
Other Receivables
Financing Receivable, Modifications [Line Items]
TDR average net receivables	137	140	138	138
TDR finance charges recognized	2	2	4	4
TDR average net receivables	88	91	89	90
TDR finance charges recognized	2	2	3	3
Total
Financing Receivable, Modifications [Line Items]
TDR average net receivables	503	337	489	313
TDR finance charges recognized	$ 13	$ 11	$ 26	$ 19

Finance Receivables - New Volum

Finance Receivables - New Volume of TDR Finance Receivables (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)account	Jun. 30, 2017USD ($)account	Jun. 30, 2018USD ($)account	Jun. 30, 2017USD ($)account
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 84	$ 125	$ 180	$ 172
Post-modification TDR net finance receivables	$ 84	$ 124	$ 180	$ 170
Number of TDR accounts | account	12,726	14,794	27,407	21,287
Personal Loans
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 84	$ 115	$ 178	$ 159
Post-modification TDR net finance receivables	$ 84	$ 114	$ 178	$ 157
Number of TDR accounts | account	12,711	14,444	27,363	20,873
Other Receivables
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 0	$ 10	$ 2	$ 13
Post-modification TDR net finance receivables	$ 0	$ 10	$ 2	$ 13
Number of TDR accounts | account	15	350	44	414
Rate reduction
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	$ 63	$ 89	$ 134	$ 131
Rate reduction | Personal Loans
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	63	79	132	118
Rate reduction | Other Receivables
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	0	10	2	13
Other
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	21	35	46	39
Other | Personal Loans
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	21	35	46	39
Other | Other Receivables
Financing Receivable, Modifications [Line Items]
Post-modification TDR net finance receivables	$ 0	$ 0	$ 0	$ 0

Finance Receivables - Net Fin51

Finance Receivables - Net Finance Receivables Modified as TDRs (Details) - Personal Loans $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)account	Jun. 30, 2017USD ($)account	Jun. 30, 2018USD ($)account	Jun. 30, 2017USD ($)account
Financing Receivable, Modifications [Line Items]
TDR net finance receivables | $	$ 18	$ 29	$ 35	$ 41
Number of TDR accounts | account	2,606	4,790	5,312	6,581

Allowance for Finance Receiva52

Allowance for Finance Receivable Losses - By Receivable Type (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	$ 685	$ 663	$ 692	$ 686
Provision for finance receivable losses	259	233	512	476
Charge-offs	(276)	(253)	(564)	(548)
Recoveries	30	29	58	58
Balance at end of period	698	672	698	672
Personal Loans
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	661	643	668	666
Provision for finance receivable losses	260	232	513	474
Charge-offs	(276)	(251)	(563)	(545)
Recoveries	29	28	56	57
Balance at end of period	674	652	674	652
Other Receivables
Changes in the allowance for finance receivable losses by finance receivable type
Balance at beginning of period	24	20	24	20
Provision for finance receivable losses	(1)	1	(1)	2
Charge-offs		(2)	(1)	(3)
Recoveries	1	1	2	1
Balance at end of period	$ 24	$ 20	$ 24	$ 20

Allowance for Finance Receiva53

Allowance for Finance Receivable Losses - By Type and by Impairment Method (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Mar. 31, 2018	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Allowance for finance receivable losses:
Collectively evaluated for impairment	$ 520	$ 531
Purchased credit impaired finance receivables	9	15
TDR finance receivables	169	146
Total	698	692	$ 685	$ 672	$ 663	$ 686
Finance receivables:
Collectively evaluated for impairment	14,890	14,339
TDR finance receivables	427	366
Net finance receivables	$ 15,465	$ 14,909
Allowance for finance receivable losses as a percentage of finance receivables	4.52%	4.64%
Purchased credit impaired finance receivables
Finance receivables:
purchased credit impaired finance receivables	$ 148	$ 204
Personal Loans
Allowance for finance receivable losses:
Collectively evaluated for impairment	517	528
Purchased credit impaired finance receivables	0	6
TDR finance receivables	157	134
Total	674	668	661	652	643	666
Finance receivables:
Collectively evaluated for impairment	14,836	14,276
TDR finance receivables	378	317
Net finance receivables	$ 15,341	$ 14,775
Allowance for finance receivable losses as a percentage of finance receivables	4.40%	4.52%
Personal Loans | Purchased credit impaired finance receivables
Finance receivables:
purchased credit impaired finance receivables	$ 127	$ 182
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	$ 24	$ 20	$ 20	$ 20
Finance receivables:
Collectively evaluated for impairment	54	63
TDR finance receivables	49	49
Net finance receivables	$ 124	$ 134
Allowance for finance receivable losses as a percentage of finance receivables	19.25%	18.27%
Other Receivables | Purchased credit impaired finance receivables
Finance receivables:
purchased credit impaired finance receivables	$ 21	$ 22

Finance Receivables Held for 54

Finance Receivables Held for Sale (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Receivables Held-for-sale [Abstract]
Loans receivable held for sale	$ 123	$ 132

Investment Securities - Cost_Am

Investment Securities - Cost/Amortized, Unrealized Gains/Losses & FV on AFS Investment Securities (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Total	$ 1,648	$ 1,574
Unrealized Gains	4	12
Unrealized Losses	(34)	(8)
Fair Value	1,618	1,578
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Total	23	28
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	23	28
Obligations of states, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Total	135	135
Unrealized Gains	0
Unrealized Losses	(1)	0
Fair Value	134	135
Certificates of deposit and commercial paper
Debt Securities, Available-for-sale [Line Items]
Total	26	60
Unrealized Gains	0
Unrealized Losses	0	0
Fair Value	26	60
Non-U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Total	134	126
Unrealized Gains	0	0
Unrealized Losses	(2)	(1)
Fair Value	132	125
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Total	1,034	941
Unrealized Gains	3	12
Unrealized Losses	(26)	(5)
Fair Value	1,011	948
RMBS
Debt Securities, Available-for-sale [Line Items]
Total	118	100
Unrealized Gains	1	0
Unrealized Losses	(3)	(1)
Fair Value	116	99
CMBS
Debt Securities, Available-for-sale [Line Items]
Total	83	88
Unrealized Gains	0	0
Unrealized Losses	(1)	(1)
Fair Value	82	87
CDO/ABS
Debt Securities, Available-for-sale [Line Items]
Total	95	96
Unrealized Gains	0	0
Unrealized Losses	(1)	0
Fair Value	$ 94	$ 96

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 ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Fair Value
Less Than 12 Months	$ 1,079,000,000	$ 690,000,000
12 Months or Longer	264,000,000	218,000,000
Total	1,343,000,000	908,000,000
Unrealized Losses
Less Than 12 Months	(27,000,000)	(4,000,000)
12 Months or Longer	(7,000,000)	(4,000,000)
Total	(34,000,000)	(8,000,000)
Maximum disclosure of unrealized losses on certain available-for-sale securities	1,000,000	1,000,000
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	12,000,000	21,000,000
12 Months or Longer	8,000,000	3,000,000
Total	20,000,000	24,000,000
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	84,000,000	65,000,000
12 Months or Longer	17,000,000	20,000,000
Total	101,000,000	85,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)	0
12 Months or Longer	0	0
Total	(1,000,000)	0
Non-U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	63,000,000	89,000,000
12 Months or Longer	57,000,000	13,000,000
Total	120,000,000	102,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)	(1,000,000)
12 Months or Longer	(1,000,000)	0
Total	(2,000,000)	(1,000,000)
Corporate debt
Fair Value
Less Than 12 Months	741,000,000	387,000,000
12 Months or Longer	99,000,000	93,000,000
Total	840,000,000	480,000,000
Unrealized Losses
Less Than 12 Months	(22,000,000)	(3,000,000)
12 Months or Longer	(4,000,000)	(2,000,000)
Total	(26,000,000)	(5,000,000)
RMBS
Fair Value
Less Than 12 Months	80,000,000	40,000,000
12 Months or Longer	32,000,000	25,000,000
Total	112,000,000	65,000,000
Unrealized Losses
Less Than 12 Months	(2,000,000)	0
12 Months or Longer	(1,000,000)	(1,000,000)
Total	(3,000,000)	(1,000,000)
CMBS
Fair Value
Less Than 12 Months	42,000,000	40,000,000
12 Months or Longer	33,000,000	38,000,000
Total	75,000,000	78,000,000
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	(1,000,000)	(1,000,000)
Total	(1,000,000)	(1,000,000)
CDO/ABS
Fair Value
Less Than 12 Months	57,000,000	48,000,000
12 Months or Longer	18,000,000	26,000,000
Total	75,000,000	74,000,000
Unrealized Losses
Less Than 12 Months	(1,000,000)	0
12 Months or Longer	0	0
Total	$ (1,000,000)	$ 0

Investment Securities - Narrati

Investment Securities - Narrative (Details)	3 Months Ended			6 Months Ended
	Jun. 30, 2018USD ($)investment	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Jun. 30, 2018USD ($)investment	Jun. 30, 2017USD ($)	Dec. 31, 2017investment
Investments, Debt and Equity Securities [Abstract]
Investment securities in an unrealized loss position | investment	1,872			1,872		1,229
Other than temporary impairment, credit losses recognized in earnings, period increase (decrease) (less than in 2018 YTD)	$ 0	$ 0		$ 1,000,000	$ 0
Unrealized loss on securities (less than except for six months ended June 30, 2018)	$ 1,000,000		$ 1,000,000	$ 3,000,000	$ 1,000,000

Investment Securities - Proceed

Investment Securities - Proceeds From AFS Securities Sold or Redeemed (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales and redemptions	$ 69	$ 167	$ 140	$ 280
Realized gains	0	5	0	9
Realized losses	0	(1)	0	(1)
Net realized gains (losses)	$ 0	$ 4	$ 0	$ 8

Investment Securities - Contrac

Investment Securities - Contractual Maturities (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities:
Due in 1 year or less	$ 148
Due after 1 year through 5 years	596
Due after 5 years through 10 years	385
Due after 10 years	197
Mortgage-backed, asset-backed, and collateralized securities	292
Total	1,618	$ 1,578
Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities:
Due in 1 year or less	148
Due after 1 year through 5 years	604
Due after 5 years through 10 years	396
Due after 10 years	204
Mortgage-backed, asset-backed, and collateralized securities	296
Total	$ 1,648	$ 1,574

Investment Securities - FV of B

Investment Securities - FV of Bonds on Deposit with Insurance Regulatory (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Fair value of bonds on deposit	$ 500	$ 537

Investment Securities - Trading

Investment Securities - Trading and Other Securities (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Fixed maturity other securities:
Bonds	$ 56	$ 74
Other long-term investments	1	1
Total	102	118
Non-U.S. government and government sponsored entities
Fixed maturity other securities:
Bonds	1	1
Corporate debt
Fixed maturity other securities:
Bonds	51	68
RMBS
Fixed maturity other securities:
Bonds	1	1
CDO/ABS
Fixed maturity other securities:
Bonds	3	4
Preferred stock
Fixed maturity other securities:
Trading securities, equity	22	20
Common Stock
Fixed maturity other securities:
Trading securities, equity	$ 23	$ 23

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Notes Receivable (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Related Party Transaction [Line Items]
Note Balance	$ 316		$ 316		$ 391
Interest rates (as a percent)	5.92%		5.92%		6.09%
SFI Note | Affiliated Entity
Related Party Transaction [Line Items]
Note Balance	$ 316		$ 316		$ 391
Interest Income	$ 5	$ 5	$ 10	$ 10

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Related Party Transaction [Line Items]
Due from affiliates	$ 19,000,000		$ 19,000,000		$ 4,000,000
Other liabilities	97,000,000		97,000,000		$ 189,000,000
OneMain Consumer Loan, Inc.
Related Party Transaction [Line Items]
Loan processing fee per underwritten approved application			35
Services Agreement | Springleaf Finance Corporation | Affiliated Entity
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party (less than for Loan Purchase and Sale Agreements)	141,000,000	$ 91,000,000	265,000,000	$ 174,000,000
License Fees | Springleaf Finance Corporation | Affiliated Entity
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party (less than for Loan Purchase and Sale Agreements)	0	0	0	1,000,000
Building Lease Expense | Springleaf Finance Corporation | Affiliated Entity
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party (less than for Loan Purchase and Sale Agreements)	0	0	0	1,000,000
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 (less than for Loan Purchase and Sale Agreements)	$ 16,000,000	$ 16,000,000	$ 29,000,000	$ 26,000,000

Long-term Debt - Summary of Deb

Long-term Debt - Summary of Debt (Details) - USD ($)	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Interest rates (as a percent)	5.92%	6.09%
Principal maturities of long-term debt by type of debt
Remainder of 2018	$ 0
2,019	696,000,000
2,020	1,299,000,000
2,021	646,000,000
2,022	1,000,000,000
2,023	1,175,000,000
2024-2067	2,499,000,000
Securitizations	8,119,000,000
Total principal maturities	15,434,000,000
Total carrying amount	15,054,000,000	$ 15,050,000,000
Debt issuance costs	(79,000,000)
Consolidated VIEs
Principal maturities of long-term debt by type of debt
Total carrying amount	8,100,000,000	$ 8,700,000,000
Amount Drawn	$ 0
Junior Subordinated Debt
Debt Instrument [Line Items]
Interest rates (as a percent)	4.10%
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
2024-2067	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
2,023	0
2024-2067	0
Securitizations	8,119,000,000
Total principal maturities	8,119,000,000
Total carrying amount	8,094,000,000
Debt issuance costs	(24,000,000)
Senior Debt | Medium Term Notes
Principal maturities of long-term debt by type of debt
Remainder of 2018	0
2,019	696,000,000
2,020	1,299,000,000
2,021	646,000,000
2,022	1,000,000,000
2,023	1,175,000,000
2024-2067	2,149,000,000
Securitizations	0
Total principal maturities	6,965,000,000
Total carrying amount	6,788,000,000
Debt issuance costs	(55,000,000)
Senior Debt | Revolving Credit Facility | Other assets
Principal maturities of long-term debt by type of debt
Debt issuance costs	$ 24,000,000
Senior Debt | Minimum | Securitizations
Debt Instrument [Line Items]
Interest rates (as a percent)	2.04%
Senior Debt | Minimum | Medium Term Notes
Debt Instrument [Line Items]
Interest rates (as a percent)	5.25%
Senior Debt | Maximum | Securitizations
Debt Instrument [Line Items]
Interest rates (as a percent)	6.94%
Senior Debt | Maximum | Medium Term Notes
Debt Instrument [Line Items]
Interest rates (as a percent)	8.25%
Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
2,023	$ 0
Junior Subordinated Debenture | Junior Subordinated Debt
Principal maturities of long-term debt by type of debt
Effective interest rate	4.10%
Junior Subordinated Debenture | Junior Subordinated Debt | London Interbank Offered Rate (LIBOR)
Principal maturities of long-term debt by type of debt
Basis spread on interest rate	1.75%

Long-term Debt - SFC'S Offering

Long-term Debt - SFC'S Offering Senior Notes (Details) - USD ($)	Jun. 30, 2018	May 14, 2018	May 11, 2018	Mar. 19, 2018	Mar. 12, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Interest rates (as a percent)	5.92%					6.09%
Springleaf Finance Corporation | 7.125% SFC Notes
Debt Instrument [Line Items]
Face amount of each issuance of debt			$ 900,000,000
Springleaf Finance Corporation | 6.875% SFC Notes
Debt Instrument [Line Items]
Face amount of each issuance of debt					$ 1,250,000,000
7.125% SFC Notes | Springleaf Finance Corporation | Senior Notes
Debt Instrument [Line Items]
Interest rates (as a percent)			7.125%
OMFH Notes 2021 | Senior Notes
Debt Instrument [Line Items]
Face amount of each issuance of debt		$ 400,000,000		$ 400,000,000
OMFH Notes 2021 | Springleaf Finance Corporation | Senior Notes
Debt Instrument [Line Items]
Interest rates (as a percent)						7.25%
Face amount of each issuance of debt						$ 400,000,000
6.875% SFC Notes | Springleaf Finance Corporation | Senior Notes
Debt Instrument [Line Items]
Interest rates (as a percent)					6.875%

Long-term Debt - Guaranty Agree

Long-term Debt - Guaranty Agreements (Details) - USD ($)

May 14, 2018

Mar. 19, 2018

Jan. 08, 2018

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

May 11, 2018

Mar. 12, 2018

Dec. 31, 2017

Dec. 08, 2017

Dec. 30, 2013

Debt Instrument [Line Items]

Interest rates (as a percent)

5.92%

5.92%

6.09%

Outstanding balance

$ 15,434,000,000

$ 15,434,000,000

Net loss on repurchases and repayments of debt

7,000,000

$ 27,000,000

8,000,000

$ 28,000,000

Senior Notes

Debt Instrument [Line Items]

Outstanding balance

$ 1,600,000,000

$ 1,600,000,000

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%

7.125% SFC Notes | Guarantee Agreement | Parent Company

Debt Instrument [Line Items]

Interest rates (as a percent)

7.125%

7.125%

Outstanding balance

$ 900,000,000

$ 900,000,000

6.875% SFC Notes | Guarantee Agreement | Parent Company

Debt Instrument [Line Items]

Outstanding balance

$ 1,250,000,000

$ 1,250,000,000

6.875% SFC Notes | Guarantee Agreement | Parent Company | Senior Notes

Debt Instrument [Line Items]

Interest rates (as a percent)

6.875%

6.875%

5.625% SFC Notes | Guarantee Agreement | Parent Company

Debt Instrument [Line Items]

Outstanding balance

$ 875,000,000

$ 875,000,000

5.625% SFC Notes | Guarantee Agreement | Parent Company | Senior Notes

Debt Instrument [Line Items]

Interest rates (as a percent)

5.625%

5.625%

6.125% SFC Notes | Guarantee Agreement | Parent Company

Debt Instrument [Line Items]

Outstanding balance

$ 1,000,000,000

$ 1,000,000,000

6.125% SFC Notes | Guarantee Agreement | Parent Company | Senior Notes

Debt Instrument [Line Items]

Interest rates (as a percent)

6.125%

6.125%

8.25% SFC Notes | Guarantee Agreement | Parent Company

Debt Instrument [Line Items]

Outstanding balance

$ 1,000,000,000

$ 1,000,000,000

5.25% SFC Notes | Guarantee Agreement | Parent Company

Debt Instrument [Line Items]

Interest rates (as a percent)

5.25%

5.25%

Outstanding balance

$ 700,000,000

$ 700,000,000

OMFH Notes 2019 | Senior Notes

Debt Instrument [Line Items]

Face amount of each issuance of debt

$ 700,000,000

Debt instrument, redemption price, percentage of principal amount redeemed

103.375%

Net loss on repurchases and repayments of debt

1,000,000

OMFH Notes 2021 | Senior Notes

Debt Instrument [Line Items]

Face amount of each issuance of debt

$ 400,000,000

$ 400,000,000

Debt instrument, redemption price, percentage of principal amount redeemed

103.625%

103.625%

Net loss on repurchases and repayments of debt

$ 3,000,000

$ 4,000,000

Springleaf Finance Corporation | 7.125% SFC Notes | Senior Notes

Debt Instrument [Line Items]

Interest rates (as a percent)

7.125%

Springleaf Finance Corporation | 6.875% SFC Notes | Senior Notes

Debt Instrument [Line Items]

Interest rates (as a percent)

6.875%

Springleaf Finance Corporation | 8.25% SFC Notes | Guarantee Agreement | Parent Company

Debt Instrument [Line Items]

Interest rates (as a percent)

8.25%

8.25%

Springleaf Finance Corporation | OMFH Notes 2021 | Senior Notes

Debt Instrument [Line Items]

Interest rates (as a percent)

7.25%

Face amount of each issuance of debt

$ 400,000,000

Variable Interest Entities - Ca

Variable Interest Entities - Carrying Amount of Consolidated VIEs (Details) - Consolidated VIEs - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Cash and cash equivalents
Variable Interest Entities
Assets	$ 3	$ 4
Finance receivables | Personal Loans
Variable Interest Entities
Assets	9,135	9,769
Allowance for finance receivable losses
Variable Interest Entities
Assets	459	465
Restricted cash and restricted cash equivalents
Variable Interest Entities
Assets	569	482
Other assets
Variable Interest Entities
Assets	24	20
Long-term debt
Variable Interest Entities
Liabilities	8,094	8,688
Other liabilities
Variable Interest Entities
Liabilities	$ 15	$ 15

Variable Interest Entities - Se

Variable Interest Entities - Securitized Borrowing (Details) - USD ($)	6 Months Ended
	Jun. 30, 2018	Mar. 19, 2018	Feb. 28, 2018	Dec. 31, 2017
Variable Interest Entity [Line Items]
Total carrying amount	$ 15,054,000,000			$ 15,050,000,000
Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	8,100,000,000			$ 8,700,000,000
Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	7,245,000,000
Auto Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	874,000,000
Total secured structured financings | Consolidated VIEs
Variable Interest Entity [Line Items]
Total carrying amount	$ 8,119,000,000
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
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	$ 817,000,000
Current Weighted Average Interest Rate	3.60%
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 2014-2 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	2 years
Issue Amount	$ 1,185,000,000
Total carrying amount	$ 164,000,000
Current Weighted Average Interest Rate	5.06%
OMFIT 2015-1 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	3 years
Issue Amount	$ 1,229,000,000
Total carrying amount	$ 834,000,000
Current Weighted Average Interest Rate	4.00%
OMFIT 2015-2 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	2 years
Issue Amount	$ 1,250,000,000
Total carrying amount	$ 462,000,000
Current Weighted Average Interest Rate	3.91%
OMFIT 2015-3 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	5 years
Issue Amount	$ 293,000,000
Total carrying amount	$ 293,000,000
Current Weighted Average Interest Rate	4.21%
OMFIT 2016-1 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	3 years
Issue Amount	$ 500,000,000
Total carrying amount	$ 459,000,000
Current Weighted Average Interest Rate	4.01%
OMFIT 2016-2 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	2 years
Issue Amount	$ 890,000,000
Total carrying amount	$ 616,000,000
Current Weighted Average Interest Rate	4.63%
OMFIT 2016-3 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	5 years
Issue Amount	$ 350,000,000
Total carrying amount	$ 317,000,000
Current Weighted Average Interest Rate	4.33%
OMFIT 2017-1 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	2 years
Issue Amount	$ 947,000,000
Total carrying amount	$ 900,000,000
Current Weighted Average Interest Rate	2.73%
OMFIT 2018-1 | Consumer Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	3 years
Issue Amount	$ 632,000,000
Total carrying amount	$ 600,000,000
Current Weighted Average Interest Rate	3.60%
Continuing involvement with transferred financial assets, principal amount outstanding			$ 32,000,000
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	$ 99,000,000
Current Weighted Average Interest Rate	3.70%
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	$ 200,000,000
Current Weighted Average Interest Rate	2.76%
ODART 2017-2 | Auto Securitizations | Consolidated VIEs
Variable Interest Entity [Line Items]
Original Revolving Period	1 year
Issue Amount	$ 605,000,000
Total carrying amount	$ 575,000,000
Current Weighted Average Interest Rate	2.63%

Variable Interest Entities - Re

Variable Interest Entities - Revolving Conduit Facilities (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 26, 2018	Jun. 25, 2018	May 30, 2018
Variable Interest Entity [Line Items]
Interest expense	$ 220,000,000	$ 203,000,000	$ 420,000,000	$ 405,000,000
Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	5,350,000,000		5,350,000,000
Amount Drawn	0		0
Interest expense	87,000,000	$ 78,000,000	173,000,000	$ 158,000,000
Asset-backed Securities, Securitized Loans and Receivables | OneMain Financial Funding IX, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	600,000,000		600,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | OneMain Financial Funding VIII, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	450,000,000		450,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | OneMain Financial Funding VII, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	850,000,000		850,000,000				$ 650,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | Seine River Funding, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	500,000,000		500,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | Rocky River Funding LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	400,000,000		400,000,000		$ 250,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | Thur River Funding, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	350,000,000		350,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | Mystic River Funding, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	850,000,000		850,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | Fourth Avenue Auto Funding, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	250,000,000		250,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | OneMain Financial Auto Funding I, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	850,000,000		850,000,000			$ 750,000,000
Amount Drawn	0		0
Asset-backed Securities, Securitized Loans and Receivables | Thayer Brook Funding, LLC | Consolidated VIEs
Variable Interest Entity [Line Items]
Advance Maximum Balance	250,000,000		250,000,000
Amount Drawn	$ 0		$ 0

Insurance (Details)

Insurance (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance at beginning of period	$ 154	$ 158
Less reinsurance recoverables	(23)	(26)
Net balance at beginning of period	131	132
Additions for losses and loss adjustment expenses incurred to:
Current year	102	96
Prior years	(5)	2
Total	97	98
Reductions for losses and loss adjustment expenses paid related to:
Current year	(47)	(45)
Prior years	(51)	(58)
Total	(98)	(103)
Net balance at end of period	130	127
Plus reinsurance recoverables	4	25
Transfer of reserves	(19)	0
Balance at end of period	115	152
Prior years' net reserves (redundancy)	$ (5)	$ 2

Accumulated Other Comprehensi71

Accumulated Other Comprehensive Income (Loss) - Changes in AOCI (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period		$ 3,402		$ 3,402	$ 3,273
Impact of AOCI reclassification due to the Tax Act				0
Other comprehensive income (loss) before reclassifications	$ (9)		$ 11	(35)	18
Reclassification adjustments from accumulated other comprehensive income (loss)	0		(3)	0	(6)
Balance at end of period	3,620		3,322	3,620	3,322
Unrealized Gains (Losses) Available-for-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(19)	4	3	4	(1)
Impact of AOCI reclassification due to the Tax Act	2			2
Other comprehensive income (loss) before reclassifications	(7)		6	(30)	13
Reclassification adjustments from accumulated other comprehensive income (loss)			(3)		(6)
Balance at end of period	(24)	(19)	6	(24)	6
Retirement Plan Liabilities Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(2)	(1)	(4)	(1)	(4)
Impact of AOCI reclassification due to the Tax Act	(1)			(1)
Other comprehensive income (loss) before reclassifications	2		3	1	3
Reclassification adjustments from accumulated other comprehensive income (loss)			0		0
Balance at end of period	(1)	(2)	(1)	(1)	(1)
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	1	3	(1)	3	(1)
Impact of AOCI reclassification due to the Tax Act	2			2
Other comprehensive income (loss) before reclassifications	(4)		2	(6)	2
Reclassification adjustments from accumulated other comprehensive income (loss)			0		0
Balance at end of period	(1)	1	1	(1)	1
Total Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(20)	6	(2)	6	(6)
Impact of AOCI reclassification due to the Tax Act	3			3
Other comprehensive income (loss) before reclassifications	(9)		11	(35)	18
Reclassification adjustments from accumulated other comprehensive income (loss)			(3)		(6)
Balance at end of period	$ (26)	$ (20)	$ 6	$ (26)	$ 6

Accumulated Other Comprehensi72

Accumulated Other Comprehensive Income (Loss) - Reclassification Adjustments From AOCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Unrealized gains on available-for-sale securities:
Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes	$ 0	$ 3	$ 0	$ 6
Accumulated Net Investment Gain (Loss) Attributable to Parent
Unrealized gains on available-for-sale securities:
Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes		3		6
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Net Investment Gain (Loss) Attributable to Parent
Unrealized gains on available-for-sale securities:
Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes	0	4	0	8
Income tax effect	0	(1)	0	(2)
Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes	$ 0	$ 3	$ 0	$ 6

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Net deferred tax asset	$ 131		$ 137
Effective income tax rate (as a percent)	37.00%	33.90%
Income tax penalties and interest accrued	$ 16		$ 15

Contingencies (Details)

Contingencies (Details) $ in Millions	Jun. 30, 2018USD ($)request
Commitments and Contingencies Disclosure [Abstract]
Finance receivables reserve for sales recourse obligations | $	$ 8
Number of material unresolved recourse requests | request	0

Segment Information - Narrative

Segment Information - Narrative (Details)	6 Months Ended
	Jun. 30, 2018segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information - By Report

Segment Information - By Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Interest income	$ 902	$ 772	$ 1,762	$ 1,528
Interest expense	220	203	420	405
Provision for finance receivable losses	259	233	512	476
Net interest income after provision for finance receivable losses	423	336	830	647
Other revenues	138	117	269	252
Acquisition-related transaction and integration expenses	28	14	39	37
Other expenses	478	372	834	750
Income (loss) before income tax expense (benefit)	55	67	226	112
Assets	19,778	18,878	19,778	18,878	$ 19,645
Operating Segments | Consumer and Insurance
Segment Reporting Information [Line Items]
Interest income	908	801	1,779	1,596
Interest expense	212	189	406	375
Provision for finance receivable losses	260	231	517	468
Net interest income after provision for finance receivable losses	436	381	856	753
Other revenues	108	128	211	265
Acquisition-related transaction and integration expenses	22	14	32	34
Other expenses	363	363	707	727
Income (loss) before income tax expense (benefit)	159	132	328	257
Assets	17,102	16,283	17,102	16,283
Operating Segments | Acquisitions and Servicing
Segment Reporting Information [Line Items]
Interest income	0	0	0	0
Interest expense	0	0	0	0
Provision for finance receivable losses	0	0	0	0
Net interest income after provision for finance receivable losses	0	0	0	0
Other revenues	0		0	0
Acquisition-related transaction and integration expenses	0	0	0	0
Other expenses	1	0	3	0
Income (loss) before income tax expense (benefit)	(1)	0	(3)	0
Assets	0	0	0	0
Other
Segment Reporting Information [Line Items]
Interest income	5	6	9	12
Interest expense	5	5	9	11
Provision for finance receivable losses	(3)	0	(5)	1
Net interest income after provision for finance receivable losses	3	1	5	0
Other revenues	4	6	7	12
Acquisition-related transaction and integration expenses	0	0	0	6
Other expenses	108	2	113	6
Income (loss) before income tax expense (benefit)	(101)	5	(101)	0
Assets	563	682	563	682
Segment to GAAP Adjustment
Segment Reporting Information [Line Items]
Interest income	(11)	(35)	(26)	(80)
Interest expense	3	9	5	19
Provision for finance receivable losses	2	2	0	7
Net interest income after provision for finance receivable losses	(16)	(46)	(31)	(106)
Other revenues	26	(17)	51	(25)
Acquisition-related transaction and integration expenses	6	0	7	(3)
Other expenses	6	7	11	17
Income (loss) before income tax expense (benefit)	(2)	(70)	2	(145)
Assets	$ 2,113	$ 1,913	$ 2,113	$ 1,913

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Values (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Assets
Notes receivables from parent	$ 316	$ 391
Restricted cash and restricted cash equivalents	586	498	$ 545
Liabilities
Other liabilities	97	189
Due from affiliates	19	4
Total Fair Value
Assets
Cash and cash equivalents	520	958
Investment securities	1,720	1,697
Net finance receivables, less allowance for finance receivable losses	16,154	15,607
Finance receivables held for sale	133	139
Notes receivables from parent	316	391
Restricted cash and restricted cash equivalents	586	498
Other assets	30	16
Liabilities
Long-term debt	15,450	15,625
Other liabilities	97	189
Total Carrying Value
Assets
Cash and cash equivalents	520	958
Investment securities	1,720	1,697
Net finance receivables, less allowance for finance receivable losses	14,767	14,217
Finance receivables held for sale	123	132
Notes receivables from parent	316	391
Restricted cash and restricted cash equivalents	586	498
Other assets	30	16
Liabilities
Long-term debt	15,054	15,050
Other liabilities	97	189
Level 1
Assets
Cash and cash equivalents	488	904
Investment securities	38	36
Net finance receivables, less allowance for finance receivable losses	0	0
Finance receivables held for sale	0	0
Notes receivables from parent	0	0
Restricted cash and restricted cash equivalents	586	498
Other assets	0	0
Liabilities
Long-term debt	0	0
Other liabilities	0	0
Level 2
Assets
Cash and cash equivalents	32	54
Investment securities	1,677	1,654
Net finance receivables, less allowance for finance receivable losses	0	0
Finance receivables held for sale	0	0
Notes receivables from parent	316	391
Restricted cash and restricted cash equivalents	0	0
Other assets	19	4
Liabilities
Long-term debt	15,450	15,625
Other liabilities	97	189
Level 3
Assets
Cash and cash equivalents	0	0
Investment securities	5	7
Net finance receivables, less allowance for finance receivable losses	16,154	15,607
Finance receivables held for sale	133	139
Notes receivables from parent	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	Jun. 30, 2018	Dec. 31, 2017
Investment securities:
Other securities	$ 102	$ 118
Total investment securities	1,720	1,697
Preferred stock
Investment securities:
Trading securities, equity	22	20
Common stock
Investment securities:
Trading securities, equity	23	23
Total Carried At Fair Value
Assets
Cash equivalents in securities	520	958
Not carried at fair value | Common stock
Investment securities:
Available-for-sale securities		1
Level 1
Assets
Cash equivalents in securities	488	904
Level 2
Assets
Cash equivalents in securities	32	54
Level 3
Assets
Cash equivalents in securities	0	0
Recurring basis | Total Carried At Fair Value
Assets
Cash equivalents in mutual funds	346	688
Investment securities:
Available-for-sale securities	1,618	1,578
Other securities	102	118
Total investment securities	1,720	1,696
Restricted cash in mutual funds	570	484
Total	2,668	2,922
Recurring basis | Total Carried At Fair Value | U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	23	28
Recurring basis | Total Carried At Fair Value | Obligations of states, municipalities, and political subdivisions
Investment securities:
Available-for-sale securities	134	135
Recurring basis | Total Carried At Fair Value | Cash equivalents in securities
Investment securities:
Available-for-sale securities	26	60
Recurring basis | Total Carried At Fair Value | Non-U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	132	125
Other securities	1	1
Recurring basis | Total Carried At Fair Value | Corporate debt
Investment securities:
Available-for-sale securities	1,011	948
Other securities	51	68
Recurring basis | Total Carried At Fair Value | RMBS
Investment securities:
Available-for-sale securities	116	99
Other securities	1	1
Recurring basis | Total Carried At Fair Value | CMBS
Investment securities:
Available-for-sale securities	82	87
Recurring basis | Total Carried At Fair Value | CDO/ABS
Investment securities:
Available-for-sale securities	94	96
Other securities	3	4
Recurring basis | Total Carried At Fair Value | Total bonds
Investment securities:
Other securities	56	74
Recurring basis | Total Carried At Fair Value | Preferred stock
Investment securities:
Trading securities, equity	22	20
Recurring basis | Total Carried At Fair Value | Common stock
Investment securities:
Trading securities, equity	23	23
Recurring basis | Total Carried At Fair Value | Other long-term investments
Investment securities:
Trading securities, equity	1	1
Recurring basis | Level 1
Assets
Cash equivalents in mutual funds	346	688
Investment securities:
Available-for-sale securities	0	0
Other securities	38	36
Total investment securities	38	36
Restricted cash in mutual funds	570	484
Total	954	1,208
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 | Cash equivalents in securities
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
Other 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
Other 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
Other securities	0	0
Recurring basis | Level 1 | Total bonds
Investment securities:
Other securities	0	0
Recurring basis | Level 1 | Preferred stock
Investment securities:
Trading securities, equity	15	13
Recurring basis | Level 1 | Common stock
Investment securities:
Trading securities, equity	23	23
Recurring basis | Level 1 | Other long-term investments
Investment securities:
Trading securities, equity	0	0
Recurring basis | Level 2
Assets
Cash equivalents in mutual funds	0	0
Investment securities:
Available-for-sale securities	1,615	1,575
Other securities	62	79
Total investment securities	1,677	1,654
Restricted cash in mutual funds	0	0
Total	1,709	1,708
Recurring basis | Level 2 | U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	23	28
Recurring basis | Level 2 | Obligations of states, municipalities, and political subdivisions
Investment securities:
Available-for-sale securities	134	135
Recurring basis | Level 2 | Cash equivalents in securities
Investment securities:
Available-for-sale securities	26	60
Recurring basis | Level 2 | Non-U.S. government and government sponsored entities
Investment securities:
Available-for-sale securities	132	125
Other securities	1	1
Recurring basis | Level 2 | Corporate debt
Investment securities:
Available-for-sale securities	1,009	946
Other securities	50	66
Recurring basis | Level 2 | RMBS
Investment securities:
Available-for-sale securities	116	99
Other securities	1	1
Recurring basis | Level 2 | CMBS
Investment securities:
Available-for-sale securities	82	87
Recurring basis | Level 2 | CDO/ABS
Investment securities:
Available-for-sale securities	93	95
Other securities	3	4
Recurring basis | Level 2 | Total bonds
Investment securities:
Other securities	55	72
Recurring basis | Level 2 | Preferred stock
Investment securities:
Trading securities, equity	7	7
Recurring basis | Level 2 | Common stock
Investment securities:
Trading securities, equity	0	0
Recurring basis | Level 2 | Other long-term investments
Investment securities:
Trading securities, equity	0	0
Recurring basis | Level 3
Assets
Cash equivalents in mutual funds	0	0
Investment securities:
Available-for-sale securities	3	3
Other securities	2	3
Total investment securities	5	6
Restricted cash in mutual funds	0	0
Total	5	6
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 | Cash equivalents in securities
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
Other securities	0	0
Recurring basis | Level 3 | Corporate debt
Investment securities:
Available-for-sale securities	2	2
Other securities	1	2
Recurring basis | Level 3 | RMBS
Investment securities:
Available-for-sale securities	0	0
Other 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	1	1
Other securities	0	0
Recurring basis | Level 3 | Total bonds
Investment securities:
Other securities	1	2
Recurring basis | Level 3 | Preferred stock
Investment securities:
Trading securities, equity	0	0
Recurring basis | Level 3 | Common stock
Investment securities:
Trading securities, equity	0	0
Recurring basis | Level 3 | Other long-term investments
Investment securities:
Trading securities, equity	1	1
Cash equivalents in securities | Recurring basis | Total Carried At Fair Value
Assets
Cash equivalents in securities	32	54
Cash equivalents in securities | Recurring basis | Level 1
Assets
Cash equivalents in securities	0	0
Cash equivalents in securities | Recurring basis | Level 2
Assets
Cash equivalents in securities	32	54
Cash equivalents in securities | Recurring basis | Level 3
Assets
Cash equivalents in securities	$ 0	$ 0