Onemain Finance 10-K 15 Feb 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Jan. 31, 2019
Document and Entity Information
Entity Registrant Name	SPRINGLEAF FINANCE CORP
Entity Central Index Key	25,598
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Public Float	$ 0
Entity Common Stock, Shares Outstanding		10,160,021
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 663	$ 958
Investment securities	1,694	1,697
Net finance receivables:
Personal loans (includes loans of consolidated VIEs of $8.5 billion in 2018 and $9.8 billion in 2017)	16,122	14,775
Other receivables	0	134
Net finance receivables	16,122	14,909
Unearned insurance premium and claim reserves	(662)	(590)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $444 million in 2018 and $465 million in 2017)	(726)	(692)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	14,734	13,627
Finance receivables held for sale	103	132
Notes receivables from parent	260	391
Restricted cash and restricted cash equivalents (include restricted cash and restricted cash equivalents of consolidated VIEs of $479 million in 2018 and $482 million in 2017)	499	498
Goodwill	1,422	1,422
Other intangible assets	387	439
Other assets	547	481
Total assets	20,309	19,645
Liabilities and Shareholder's Equity
Long-term debt (includes debt of consolidated VIEs of $7.5 billion in 2018 and $8.7 billion in 2017)	15,178	15,050
Insurance claims and policyholder liabilities	685	737
Deferred and accrued taxes	42	46
Other liabilities (includes other liabilities of consolidated VIEs of $14 million in 2018 and in 2017)	383	410
Total liabilities	16,288	16,243
Commitments and contingent liabilities (Note 20)
Shareholder's equity:
Common stock, par value $.50 per share; 25,000,000 shares authorized, 10,160,021 shares issued and outstanding at December 31, 2018 and 2017	5	5
Additional paid-in capital	2,110	1,909
Accumulated other comprehensive income (loss)	(34)	6
Retained earnings	1,940	1,482
Total shareholder's equity	4,021	3,402
Total liabilities and shareholder's equity	$ 20,309	$ 19,645

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Personal loans	$ 16,122	$ 14,775
Allowance for finance receivable losses	726	692
Restricted cash and restricted cash equivalents	499	498
Long-term debt	15,178	15,050
Other liabilities	$ 383	$ 410
Common stock, par value (usd per share)	$ 0.5	$ 0.5
Shares authorized	25,000,000	25,000,000
Common stock, shares issued (in shares)	10,160,021	10,160,021
Common stock, shares outstanding (in shares)	10,160,021	10,160,021
Personal loans
Allowance for finance receivable losses	$ 726	$ 668
Consolidated VIEs
Allowance for finance receivable losses	444	465
Restricted cash and restricted cash equivalents	479	482
Long-term debt	7,500	8,700
Other liabilities	14	14
Consolidated VIEs | Personal loans
Personal loans	$ 8,500	$ 9,800

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	May 02, 2016	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest income:
Finance charges										$ 3,635	$ 3,174	$ 3,022
Finance receivables held for sale originated as held for investment										13	13	74
Total interest income		$ 956	$ 930	$ 902	$ 860	$ 853	$ 806	$ 772	$ 756	3,648	3,187	3,096
Interest expense		228	228	220	200	204	207	203	202	876	816	856
Net interest income										2,772	2,371	2,240
Provision for finance receivable losses		277	254	259	253	229	242	233	243	1,043	947	929
Net interest income (loss) after provision for finance receivable losses										1,729	1,424	1,311
Other revenues:
Insurance										429	420	449
Investment										66	73	86
Interest income on notes receivable from parent										18	23	19
Net loss on repurchases and repayments of debt										(9)	(29)	(17)
Net gain on sale of SpringCastle interests										0	0	167
Net gain on sales of personal and real estate loans	$ 22									18	0	18
Other										38	53	32
Total other revenues		151	140	138	131	139	149	117	135	560	540	754
Operating expenses:
Salaries and benefits										862	729	723
Acquisition-related transaction and integration expenses										54	69	108
Other operating expenses										538	587	670
Insurance policy benefits and claims										192	184	167
Total other expenses		384	389	506	367	382	401	386	400	1,646	1,569	1,668
Income (loss) before income tax expense (benefit)		218	199	55	171	177	105	67	46	643	395	397
Income taxes		51	47	43	41	161	44	20	18	182	243	127
Net income		$ 167	$ 152	$ 12	$ 130	$ 16	$ 61	$ 47	$ 28	461	152	270
Net income attributable to non-controlling interests										0	0	28
Net income attributable to Springleaf Finance Corporation										$ 461	$ 152	$ 242

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 461	$ 152	$ 270
Other comprehensive income (loss):
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	(44)	21	36
Retirement plan liability adjustments	(8)	4	22
Foreign currency translation adjustments	(9)	6	4
Income tax effect:
Net unrealized gains (losses) on non-credit impaired available-for-sale securities	9	(7)	(13)
Retirement plan liability adjustments	3	(1)	(7)
Foreign currency translation adjustments	0	(2)	(1)
Other comprehensive income (loss), net of tax, before reclassification adjustments	(49)	21	41
Reclassification adjustments included in net income:
Net realized losses (gains) on available-for-sale securities	2	(14)	(15)
Foreign currency translation adjustments	0	0	(4)
Income tax effect:
Net realized gains (loss) on available-for-sale securities	(1)	5	5
Reclassification adjustments included in net income, net of tax	1	(9)	(14)
Other comprehensive income (loss), net of tax	(48)	12	27
Comprehensive income	413	164	297
Comprehensive income attributable to non-controlling interests	0	0	28
Comprehensive income attributable to Springleaf Finance Corporation	$ 413	$ 164	$ 269

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	OGSC	SMHC	Common Stock	Additional Paid-in Capital	Additional Paid-in CapitalOGSC	Additional Paid-in CapitalSMHC	Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss)OGSC	Retained Earnings	Springleaf Finance Corporation Shareholder’s Equity	Springleaf Finance Corporation Shareholder’s EquityOGSC	Springleaf Finance Corporation Shareholder’s EquitySMHC	Non-controlling Interests
Balance at beginning of period at Dec. 31, 2015	$ 2,908			$ 5	$ 1,889			$ (33)		$ 1,126	$ 2,987			$ (79)
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Capital contribution from parent	10				10						10
Share-based compensation expense, net of forfeitures	8				8						8
Withholding tax on share-based compensation	(1)				(1)						(1)
Change in non-controlling interests:
Distributions declared to joint venture partners	(18)													(18)
Sale of equity interests in SpringCastle joint venture	69													69
Other comprehensive income (loss)	27							27			27
Net income	270									242	242			28
Balance at end of period at Dec. 31, 2016	3,273			5	1,906			(6)		1,368	3,273			$ 0
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Share-based compensation expense, net of forfeitures	5				5						5
Withholding tax on share-based compensation	(2)				(2)						(2)
Change in non-controlling interests:
Other comprehensive income (loss)	12							12			12
Dividend of SFMC to SFI	(38)									(38)	(38)
Net income	152									152	152
Balance at end of period at Dec. 31, 2017	3,402			5	1,909			6		1,482	3,402
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Non-cash incentive compensation from SFH	110				110						110
Capital contribution from parent		$ 58	$ 30			$ 53	$ 30		$ 5			$ 58	$ 30
Share-based compensation expense, net of forfeitures	10				10						10
Withholding tax on share-based compensation	(2)				(2)						(2)
Change in non-controlling interests:
Other comprehensive income (loss)	(48)							(48)			(48)
Impact of AOCI reclassification due to the Tax Act	0							3		(3)
Net income	461									461	461
Balance at end of period at Dec. 31, 2018	$ 4,021			$ 5	$ 2,110			$ (34)		$ 1,940	$ 4,021

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities
Net income		$ 461	$ 152	$ 270
Reconciling adjustments:
Provision for finance receivable losses		1,043	947	929
Depreciation and amortization		279	317	510
Deferred income tax charge (benefit)		21	43	(105)
Net gain on liquidation of United Kingdom Subsidiary		0	0	(4)
Net gain on sales of personal and real estate loans	[1]	(2)	0	(18)
Net loss on repurchases and repayments of debt		9	29	17
Non-cash incentive compensation from SFH		110	0	0
Share-based compensation expense, net of forfeitures		10	5	8
Net gain on sale of SpringCastle interests		0	0	(167)
Other		15	(5)	(9)
Cash flows due to changes in other assets and other liabilities		21	159	(273)
Net cash provided by operating activities		1,967	1,647	1,158
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale		(2,372)	(2,267)	(1,155)
Proceeds on sales of finance receivables held for sale originated as held for investment		100	0	930
Proceeds from sale of SpringCastle interests, net of restricted cash released		0	0	26
Cash advances on intercompany notes receivables		(34)	(355)	(297)
Proceeds from repayments of principal on intercompany note to parent		187	249	401
Cash received from CitiFinancial Credit Company		0	0	23
Available-for-sale securities purchased		(680)	(671)	(746)
Available-for-sale securities called, sold, and matured		563	739	837
Other securities purchased		(11)	0	(17)
Trading and other securities called, sold, and matured		36	18	63
Other, net		(27)	7	(2)
Net cash provided by (used for) investing activities		(2,238)	(2,280)	63
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions		5,525	5,427	6,660
Repayment of long-term debt		(5,471)	(4,447)	(8,320)
Distributions to joint venture partners		0	0	(18)
Cash dividend of SFMC		0	(10)	0
Payments on intercompany note payable		(99)	0	0
Withholding tax on share-based compensation		(2)	(2)	(1)
Capital contributions from parent		0	0	10
Net cash provided by (used for) financing activities		(23)	968	(1,669)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents		(294)	335	(448)
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period		1,456	1,121	1,569
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period		1,162	1,456	1,121
Supplemental cash flow information
Total cash and cash equivalents and restricted cash and restricted cash equivalents		1,456	1,121	1,569
Interest paid		(753)	(746)	(765)
Income taxes paid		(150)	(154)	(269)
Supplemental non-cash activities
Transfer of net finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)		111	0	1,945
Increase in finance receivables held for investment financed with intercompany payable		0	0	89
Transfer of finance receivables to real estate owned		7	9	8
Non-cash dividend of SFMC		0	(28)	0
SMHC
Cash flows from financing activities
Cash contribution from parent		13	0	0
Supplemental non-cash activities
Non-cash contribution of OGSC		17	0	0
OGSC
Cash flows from financing activities
Cash contribution from parent		11	0	0
Supplemental non-cash activities
Non-cash contribution of OGSC		$ 47	$ 0	$ 0
[1]	In 2018, the gain on sale of real estate loans has been combined with the resulting impairment on finance receivables held for sale remaining after the December 2018 Real Estate Loan Sale. See Note 2 of the Notes to the Consolidated Financial Statements included in this report for more information regarding the sale.

Nature of Operations

Nature of Operations	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations 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. SFC is a financial services holding company whose principal subsidiaries are Independence Holdings, LLC (“Independence”), which, as described below, was contributed to SFC by SFI on June 22, 2018, and other direct subsidiaries engaged in the consumer finance and insurance businesses. On January 3, 2018, an investor group led by funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) and Värde Partners, Inc. (“Värde” and together with Apollo, collectively, 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 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 “Apollo-Värde Transaction”). At December 31, 2018 , the Apollo-Värde Group owned approximately 40.5% of OMH’s common stock. Upon closing of the Apollo-Värde Transaction, OMH entered into an Amended and Restated Stockholders’ Agreement, the terms of which are described in the OMH Current Report on Form 8-K filed with the SEC on June 25, 2018. As provided for in the Amended and Restated Stockholders’ Agreement, the Apollo-Värde Group has designated six of nine OMH directors.

Significant Transactions

Significant Transactions	12 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Significant Transactions	Significant Transactions 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, except par value amount) 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 20) Shareholder’s equity: Common stock 5 — — 5 Additional paid-in capital 799 1,110 — 1,909 Accumulated other comprehensive income (loss) — 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 The following table presents the Company’s previously reported Consolidated Statements of Operations for the years ended December 31, 2017 and 2016 retrospectively recast for the contribution of Independence: (dollars in millions) 2017 As Reported Consolidated Year to Date SFC Independence Adjustments SFC Interest income: Finance charges $ 1,228 $ 1,946 $ — $ 3,174 Finance receivables held for sale originated as held for investment 13 — — 13 Total interest income 1,241 1,946 — 3,187 Interest expense 517 531 (232 ) 816 Net interest income 724 1,415 232 2,371 Provision for finance receivable losses 324 623 — 947 Net interest income after provision for finance receivable losses 400 792 232 1,424 Other revenues: Insurance 140 280 — 420 Investment 28 45 — 73 Interest income on notes receivable from parent and affiliates 255 — (232 ) 23 Net loss on repurchases and repayments of debt (28 ) (1 ) — (29 ) Other 12 69 (28 ) 53 Total other revenues 407 393 (260 ) 540 Other expenses: Operating expenses: Salaries and benefits 307 442 (20 ) 729 Acquisition-related transaction and integration expenses — — 69 69 Other operating expenses 251 413 (77 ) 587 Insurance policy benefits and claims 56 128 — 184 Total other expenses 614 983 (28 ) 1,569 Income before income tax expense 193 202 — 395 Income tax expense 99 144 — 243 Net income 94 58 — 152 Net income attributable to non-controlling interests — — — — Net income attributable to Springleaf Finance Corporation $ 94 $ 58 $ — $ 152 (dollars in millions) 2016 As Reported Consolidated Year to Date SFC Independence Adjustments SFC Interest income: Finance charges $ 1,276 $ 1,746 $ — $ 3,022 Finance receivables held for sale originated as held for investment 74 — — 74 Total interest income 1,350 1,746 — 3,096 Interest expense 556 502 (202 ) 856 Net interest income 794 1,244 202 2,240 Provision for finance receivable losses 329 600 — 929 Net interest income after provision for finance receivable losses 465 644 202 1,311 Other revenues: Insurance 160 289 — 449 Investment 31 55 — 86 Interest income on notes receivable from parent and affiliates 214 7 (202 ) 19 Net loss on repurchases and repayments of debt (17 ) — — (17 ) Net gain on sale of SpringCastle interests 167 — — 167 Net gain on sales of personal and real estate loans and related trust assets 18 — — 18 Other 1 31 — 32 Total other revenues 574 382 (202 ) 754 Other expenses: Operating expenses: Salaries and benefits 347 427 (51 ) 723 Acquisition-related transaction and integration expenses — — 108 108 Other operating expenses 291 436 (57 ) 670 Insurance policy benefits and claims 55 112 — 167 Total other expenses 693 975 — 1,668 Income before income tax expense 346 51 — 397 Income tax expense 113 14 — 127 Net income 233 37 — 270 Net income attributable to non-controlling interests 28 — — 28 Net income attributable to Springleaf Finance Corporation $ 205 $ 37 $ — $ 242 The following table presents the Company’s previously reported Consolidated Statements of Cash Flows for the years ended December 31, 2017 and 2016 retrospectively recast for the contribution of Independence: 2017 (dollars in millions) As Reported Independence Adjustments Consolidated Cash flows from operating activities Net income $ 94 $ 58 $ — $ 152 Reconciling adjustments: Provision for finance receivable losses 324 623 — 947 Depreciation and amortization 143 174 — 317 Deferred income tax benefit (82 ) 125 — 43 Net loss on repurchases and repayments of debt 28 1 — 29 Share-based compensation expense, net of forfeitures — 5 — 5 Other 1 (6 ) — (5 ) Cash flows due to changes in: Other assets and other liabilities 107 68 — 175 Insurance claims and policyholder liabilities (92 ) 70 — (22 ) Taxes receivable and payable 13 30 — 43 Accrued interest and finance charges (95 ) 54 4 (37 ) Other, net (3 ) 3 — — Net cash provided by operating activities 438 1,205 4 1,647 Cash flows from investing activities Net principal originations of finance receivables held for investment and held for sale (783 ) (1,484 ) — (2,267 ) Cash advances on intercompany notes receivable (1,837 ) — 1,482 (355 ) Proceeds from repayments of principal and assignment of intercompany notes receivable 1,154 — (905 ) 249 Available-for-sale securities purchased (245 ) (431 ) 5 (671 ) Available-for-sale securities called, sold, and matured 301 438 — 739 Trading and other securities called, sold, and matured 1 17 — 18 Proceeds from sale of real estate owned 4 — — 4 Other, net 12 (9 ) — 3 Net cash provided by (used for) financing activities (1,393 ) (1,469 ) 582 (2,280 ) Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 3,456 1,971 — 5,427 Repayments of long-term debt (2,544 ) (1,898 ) (5 ) (4,447 ) Proceeds from intercompany note payable — 1,486 (1,486 ) — Payments on intercompany note payable — (905 ) 905 — Withholding tax on vested RSUs and PRSUs (1 ) (1 ) — (2 ) Cash dividend of SFMC (10 ) — — (10 ) Net cash provided by (used for) financing activities 901 653 (586 ) 968 Consolidated Statements of Cash Flows (Continued) 2017 (dollars in millions) As Reported SFC Independence Adjustments Consolidated SFC Net change in cash and cash equivalents and restricted cash and restricted cash equivalents (54 ) 389 — 335 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 $ 413 $ 1,043 $ — $ 1,456 Supplemental cash flow information Cash and cash equivalents $ 244 $ 714 $ — $ 958 Restricted cash and restricted cash equivalents 169 329 — 498 Total cash and cash equivalents and restricted cash and restricted cash equivalents $ 413 $ 1,043 $ — $ 1,456 Interest paid $ (436 ) $ (310 ) $ — $ (746 ) Income taxes received (paid) (71 ) (83 ) — (154 ) Supplemental non-cash activities Transfer of finance receivables to real estate owned $ 9 $ — $ — $ 9 Net unsettled investment security purchases — 1 — $ 1 Non-cash dividend of SFMC (28 ) — — (28 ) Restricted cash and restricted cash equivalents primarily represent funds required to be used for future debt payments relating to our securitization transactions and escrow deposits. 2016 (dollars in millions) As Reported SFC Independence Adjustments Consolidated SFC Cash flows from operating activities Net income $ 233 $ 37 $ — $ 270 Reconciling adjustments: Provision for finance receivable losses 329 600 — 929 Depreciation and amortization 144 366 — 510 Deferred income tax benefit (83 ) (22 ) — (105 ) Net gain on liquidation of United Kingdom subsidiary (4 ) — — (4 ) Net gain on sales of personal and real estate loans and related trust assets (18 ) — — (18 ) Net loss on repurchases and repayments of debt 17 — — 17 Share-based compensation expense, net of forfeitures 1 7 — 8 Net gain on sale of SpringCastle interests (167 ) — — (167 ) Other 6 (15 ) — (9 ) Cash flows due to changes in: Other assets and other liabilities (37 ) (152 ) — (189 ) Insurance claims and policyholder liabilities (19 ) (45 ) — (64 ) Taxes receivable and payable 56 (94 ) — (38 ) Accrued interest and finance charges 14 1 — 15 Other, net 3 — — 3 Net cash provided by operating activities 475 683 — 1,158 Cash flows from investing activities Net principal originations of finance receivables held for investment and held for sale (557 ) (598 ) — (1,155 ) Proceeds on sales of finance receivables held for sale originated as held for investment 930 — — 930 Proceeds from sale of SpringCastle interests, net of restricted cash released 26 — — 26 Cash advances on intercompany notes receivable (1,042 ) (670 ) 1,415 (297 ) Proceeds from repayments of principal and assignment of intercompany notes receivable 1,023 670 (1,292 ) 401 Cash received from CitiFinancial Credit Company — 23 — 23 Available-for-sale securities purchased (353 ) (399 ) 6 (746 ) Trading and other securities purchased (10 ) (7 ) — (17 ) Available-for-sale securities called, sold, and matured 380 457 — 837 Trading and other securities called, sold, and matured 20 43 — 63 Proceeds from sale of real estate owned 8 — — 8 Other, net 26 (36 ) — (10 ) Net cash provided by (used for) investing activities 451 (517 ) 129 63 Consolidated Statements of Cash Flows (Continued) 2016 (dollars in millions) As Reported SFC Independence Adjustments Consolidated SFC Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 3,854 2,806 — 6,660 Proceeds from intercompany note payable 670 1,415 (2,085 ) — Repayments of long-term debt (4,920 ) (3,394 ) (6 ) (8,320 ) Distributions to joint venture partners (18 ) — — (18 ) Payments on note payable to affiliate (670 ) (1,292 ) 1,962 — Withholding tax on vested RSUs and PRSUs (1 ) — — (1 ) Capital contributions from parent 10 — — 10 Net cash provided by (used for) financing activities (1,075 ) (465 ) (129 ) (1,669 ) Net change in cash and cash equivalents and restricted cash and restricted cash equivalents (149 ) (299 ) — (448 ) Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period 616 953 — 1,569 Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period $ 467 $ 654 $ — $ 1,121 Supplemental cash flow information Cash and cash equivalents $ 240 $ 313 $ — $ 553 Restricted cash and restricted cash equivalents 227 341 — 568 Total cash and cash equivalents and restricted cash and restricted cash equivalents $ 467 $ 654 $ — $ 1,121 Interest paid $ (451 ) $ (314 ) $ — $ (765 ) Income taxes received (paid) (140 ) (129 ) — (269 ) Supplemental non-cash activities Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses) $ 1,945 $ — $ — $ 1,945 Increase in finance receivables held for investment financed with intercompany payable 89 — — 89 Transfer of finance receivables to real estate owned 8 — — 8 Net unsettled investment security purchases — 1 — 1 Restricted cash and restricted cash equivalents primarily represent funds required to be used for future debt payments relating to our securitization transactions and escrow deposits. ONEMAIN ACQUISITION On November 15, 2015, Independence completed its acquisition of OMFH from Citigroup for approximately $4.5 billion in cash (the “OneMain Acquisition”). OMFH is a leading consumer finance company in the United States, providing personal loans to primarily middle income households through a national, community based network. The results of OMFH are included in our consolidated results from November 1, 2015, pursuant to our contractual agreements with Citigroup. In connection with the closing of the OneMain Acquisition, on November 13, 2015, OMH and certain subsidiaries of SFC entered into an Asset Preservation Stipulation and Order and agreed to a Proposed Final Judgment (collectively, the “Settlement Agreement”) with the U.S. Department of Justice (the “DOJ”), as well as the state attorneys general for Colorado, Idaho, Pennsylvania, Texas, Virginia, Washington and West Virginia. The Settlement Agreement resolved the inquiries of the DOJ and such attorneys general with respect to the OneMain Acquisition and allowed OMH to proceed with the closing. Pursuant to the Settlement Agreement, OMH agreed to divest 127 branches of SFC subsidiaries across 11 states as a condition for approval of the OneMain Acquisition. The Settlement Agreement required certain of OMH’s subsidiaries (the “Branch Sellers”) to operate these 127 branches as an ongoing, economically viable and competitive business until sold to the divestiture purchaser. The court overseeing the settlement appointed a third party monitor to oversee management of the divestiture branches and ensure the Company’s compliance with the terms of the Settlement Agreement. The sale contemplated under the terms of the Settlement Agreement was consummated through the Lendmark Sale described below. LENDMARK SALE On November 12, 2015, OMH and the Branch Sellers entered into a purchase and sale agreement with Lendmark Financial Services, LLC (“Lendmark”) to sell 127 Springleaf branches and, subject to certain exclusions, the associated personal loans issued to customers of such branches, fixed non-information technology assets and certain other tangible personal property located in such branches to Lendmark (the “Lendmark Sale”) for a purchase price equal to the sum of (i) the aggregate unpaid balance as of closing of the purchased loans multiplied by 103% , plus (ii) for each interest-bearing purchased loan, an amount equal to all unpaid interest that had accrued on the unpaid balance at the applicable note rate from the most recent interest payment date through the closing, plus (iii) the sum of all prepaid charges and fees and security deposits of the Branch Sellers to the extent arising under the purchased contracts as reflected on the books and records of the Branch Sellers as of closing. On May 2, 2016, we completed the Lendmark Sale for an aggregate cash purchase price of $624 million . Such sale was effective as of April 30, 2016 and included the sale to Lendmark of personal loans with an unpaid principal balance (“UPB”) as of March 31, 2016 of $600 million . OMH entered into a transition services agreement with Lendmark dated as of May 2, 2016 (the “Transition Services Agreement”), and OMH’s and our activities remained subject to the oversight of the Monitoring Trustee appointed by the court pursuant to the Settlement Agreement until the expiration of the Transition Services Agreement. The Transition Services Agreement expired on May 1, 2017. As of December 31, 2018, we had incurred approximately $293 million of acquisition-related transaction and integration expenses ( $54 million incurred during 2018) in connection with the OneMain Acquisition and the Lendmark Sale, which we report as a component of operating expenses. These expenses primarily include transaction costs, technology termination and certain compensation and benefit related costs. SPRINGCASTLE INTERESTS SALE On March 31, 2016, SFI, SpringCastle Holdings, LLC (“SpringCastle Holdings”) and Springleaf Acquisition Corporation (“Springleaf Acquisition” and, together with SpringCastle Holdings, the “SpringCastle Sellers”), wholly owned subsidiaries of OMH, entered into a purchase agreement with certain subsidiaries of New Residential Investment Corp. (“NRZ” and such subsidiaries, the “NRZ Buyers”) and BTO Willow Holdings II, L.P. and Blackstone Family Tactical Opportunities Investment Partnership—NQ—ESC L.P. (collectively, the “Blackstone Buyers” and together with the NRZ Buyers, the “SpringCastle Buyers”). Pursuant to the purchase agreement, on March 31, 2016, SpringCastle Holdings sold its 47% limited liability company interest in each of SpringCastle America, LLC, SpringCastle Credit, LLC and SpringCastle Finance, LLC, and Springleaf Acquisition sold its 47% limited liability company interest in SpringCastle Acquisition LLC, to the SpringCastle Buyers for an aggregate purchase price of approximately $112 million (the “SpringCastle Interests Sale”). SpringCastle America, LLC, SpringCastle Credit, LLC, SpringCastle Finance, LLC and SpringCastle Acquisition LLC are collectively referred to herein as the “SpringCastle Joint Venture.” In connection with the SpringCastle Interests Sale, the SpringCastle Buyers paid $101 million of the aggregate purchase price to the SpringCastle Sellers on March 31, 2016, with the remaining $11 million paid into an escrow account on July 29, 2016. Such escrowed funds are expected to be held in escrow for a period of up to 5 years following March 31, 2016, and, subject to the terms of the purchase agreement and assuming certain portfolio performance requirements are satisfied, paid to the SpringCastle Sellers at the end of such five -year period. In connection with the SpringCastle Interests Sale, we recorded a net gain in other revenues at the time of sale of $167 million . As a result of this sale, SpringCastle Acquisition and SpringCastle Holdings no longer hold any ownership interests of the SpringCastle Joint Venture. However, unless SFI is terminated, SFI will remain as servicer of the SpringCastle Portfolio under the servicing agreement for the SpringCastle Funding Trust. In addition, we deconsolidated the underlying loans of the SpringCastle Portfolio and previously issued securitized interests, which were reported in long-term debt, as we no longer were considered the primary beneficiary. The purchase agreement included customary representations, warranties, covenants and indemnities. We did not record a sales recourse obligation related to the SpringCastle Interests Sale. REAL ESTATE LOAN SALES December 2018 Real Estate Loan Sale During 2018, we transferred Other receivables from held for investment to held for sale. On December 21, 2018, SFC and certain of its subsidiaries sold a portfolio of real estate loans, classified in finance receivables held for sale, for aggregate cash proceeds of $100 million with a carrying value of $ 82 million (the “December 2018 Real Estate Loan Sale”). In connection with this sale, we recorded a net gain in other revenues at the time of sale of $18 million . After the recognition of this sale, the carrying value of the remaining loans classified in finance receivables held for sale exceeded their fair value and, accordingly, we marked the remaining loans to fair value and recorded an impairment in other revenue of $16 million . The purchase and sale agreement includes customary representations and warranties and indemnification provisions. August and December 2016 Real Estate Loan Sales During 2016, SFC and certain of its subsidiaries sold a portfolio of second lien real estate loans for aggregate cash proceeds of $246 million (the “August 2016 Real Estate Loan Sale”) and a portfolio of first and second lien real estate loans for aggregate cash proceeds of $58 million (the “December 2016 Real Estate Loan Sale”). In connection with these sales, we recorded a net loss in other revenues of $4 million for the August 2016 Real Estate Loan Sale and less than $1 million for the December 2016 Real Estate Loan Sale. Unless we are terminated or we resign as servicer, we will continue to service the loans included in the August 2016 Real Estate Loan Sale pursuant to a servicing agreement. The purchase and sale agreements and the servicing agreement include customary representations and warranties and indemnification provisions. SFC’S MEDIUM-TERM NOTE ISSUANCES 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”). 7.125% Senior Notes Due 2026 On May 11, 2018 and August 10, 2018 SFC issued $900 million and $700 million , respectively of aggregate principal amount of 7.125% Senior Notes due 2026 (the “ 7.125% SFC Notes”). 6.125% Senior Notes Due 2022 On May 15, 2017, SFC issued $500 million aggregate principal amount of 6.125% Senior Notes due 2022 (the “2022 SFC Notes”). On May 30, 2017, SFC issued $500 million aggregate principal amount of additional 2022 SFC Notes (the “Additional SFC Notes”) in an add-on offering. 5.625% Senior Notes Due 2023 On December 8, 2017, SFC issued $875 million aggregate principal amount of 5.625% Senior Notes due 2023 (the ‘‘ 5.625% SFC Notes’’). 8.25% Senior Notes Due 2020 On April 11, 2016, SFC issued $1.0 billion aggregate principal amount of 8.25% Senior Notes due 2020 (the “ 8.25% SFC Notes”). See Note 13 for further information regarding our debt issuances. SFH SHARE SALES Apollo-Värde Transaction 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 representing the entire holdings of OMH’s stock beneficially owned by Fortress. The Apollo-Värde Transaction closed on June 25, 2018 for an aggregate purchase price of approximately $1.4 billion in cash. As disclosed in Note 22 of the Notes to the Consolidated Financial Statements in this report, 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. AIG Share Sale Transaction 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 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. The impact to the Company was non-cash, equity neutral and not tax deductible.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies BASIS OF PRESENTATION We prepared our consolidated financial statements using GAAP. The statements include the accounts of OMH, its subsidiaries (all of which are wholly owned, except for certain indirect subsidiaries associated with a joint venture in which we owned a 47% equity interest prior to March 31, 2016), and 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 consolidated financial statements and disclosures of contingent assets and liabilities. In management’s opinion, the 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 reclassified certain items in prior periods of our consolidated financial statements. ACCOUNTING POLICIES Operating Segments Our segments coincide with how our businesses are managed. At December 31, 2018 , our two segments include: • Consumer and Insurance; and • Acquisitions and Servicing. In connection with the OneMain Acquisition, we include OneMain’s operations in our Consumer and Insurance segment. The remaining components (which we refer to as “Other”) consist of our non-originating legacy operations, which include: (i) our liquidating real estate loans; (ii) our liquidating retail sales finance portfolio; (iii) our lending operations in Puerto Rico and the U.S. Virgin Islands; and (iv) the operations of the Springleaf United Kingdom subsidiary, prior to its liquidation on August 16, 2016. Finance Receivables Generally, we classify finance receivables as held for investment based on management’s intent at the time of origination. We determine classification on a loan-by-loan basis. We classify finance receivables as held for investment due to our ability and intent to hold them until their contractual maturities. We carry finance receivables at amortized cost which includes accrued finance charges, net unamortized deferred origination costs and unamortized points and fees, unamortized net premiums and discounts on purchased finance receivables, and unamortized finance charges on precomputed receivables. We include the cash flows from finance receivables held for investment in the consolidated statements of cash flows as investing activities, except for collections of interest, which we include as cash flows from operating activities. We may finance certain insurance products offered to our customers as part of finance receivables. In such cases, the insurance premium is included as an operating cash inflow and the financing of the insurance premium is included as part of the finance receivable as an investing cash flow in the consolidated statements of cash flows. Finance Receivable Revenue Recognition We recognize finance charges as revenue on the accrual basis using the interest method, which we report in interest income. We amortize premiums or accrete discounts on finance receivables as an adjustment to finance charge income using the interest method and contractual cash flows. We defer the costs to originate certain finance receivables and the revenue from nonrefundable points and fees on loans and amortize them as an adjustment to finance charge income using the interest method. We stop accruing finance charges when four contractual payments become past due for personal loans. We reverse finance charge amounts previously accrued upon suspension of accrual of finance charges. For certain finance receivables that had a carrying value that included a purchase premium or discount, we stop accreting the premium or discount at the time we stop accruing finance charges. We do not reverse accretion of premium or discount that was previously recognized. We recognize the contractual interest portion of payments received on nonaccrual finance receivables as finance charges at the time of receipt. We resume the accrual of interest on a nonaccrual finance receivable when the past due status on the individual finance receivable improves to the point that the finance receivable no longer meets our policy for nonaccrual. At that time, we also resume accretion of any unamortized premium or discount resulting from a previous purchase premium or discount. We accrete the amount required to adjust the initial fair value of our purchased finance receivables to their contractual amounts over the life of the related finance receivable for non-credit impaired finance receivables and over the life of a pool of finance receivables for purchased credit impaired finance receivables as described in our policy for purchase credit impaired finance receivables. Purchased Credit Impaired Finance Receivables As part of each of our acquisitions, we identify a population of finance receivables for which it is determined that it is probable that we will be unable to collect all contractually required payments. The population of accounts identified generally consists of those finance receivables that are (i) 60 days or more past due at acquisition, (ii) which had been classified as TDR finance receivables as of the acquisition date, (iii) may have been previously modified, or (iv) had other indications of credit deterioration as of the acquisition date. We accrete the excess of the cash flows expected to be collected on the purchased credit impaired finance receivables over the discounted cash flows (the “accretable yield”) into interest income at a level rate of return over the expected lives of the underlying pools of the purchased credit impaired finance receivables. The underlying pools are based on finance receivables with common risk characteristics. We have established policies and procedures to update on a quarterly basis the amount of cash flows we expect to collect, which incorporates assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of then current market conditions. Probable decreases in expected finance receivable cash flows result in the recognition of impairment, which is recognized through the provision for finance receivable losses. Probable significant increases in expected cash flows to be collected would first reverse any previously recorded allowance for finance receivable losses; any remaining increases are recognized prospectively as adjustments to the respective pool’s yield. Our purchased credit impaired finance receivables remain in our purchased credit impaired pools until liquidation or write-off. We do not reclassify modified purchased credit impaired finance receivables as TDR finance receivables. We have additionally established policies and procedures related to maintaining the integrity of these pools. A finance receivable will not be removed from a pool unless we sell, foreclose, or otherwise receive assets in satisfaction of a particular finance receivable or a finance receivable is written-off. If a finance receivable is renewed and additional funds are lent and terms are adjusted to current market conditions, we consider this a new finance receivable and the previous finance receivable is removed from the pool. If the facts and circumstances indicate that a finance receivable should be removed from a pool, that finance receivable will be removed at its allocated carrying amount, and such removal will not affect the yield used to recognize accretable yield of the pool. Troubled Debt Restructured Finance Receivables We make modifications to our personal loans to assist borrowers who are experiencing financial difficulty, are in bankruptcy or are participating in a consumer credit counseling arrangement. We make modifications to our real estate loans to assist borrowers in avoiding foreclosure. When we modify a loan’s contractual terms for economic or other reasons related to the borrower’s financial difficulties and grant a concession that we would not otherwise consider, we classify that loan as a TDR finance receivable. We restructure finance receivables only if we believe the customer has the ability to pay under the restructured terms for the foreseeable future. We establish reserves on our TDR finance receivables by discounting the estimated cash flows associated with the respective receivables at the effective interest rate prior to the modification to the account and record any difference between the discounted cash flows and the carrying value as an allowance adjustment. We may modify the terms of existing accounts in certain circumstances, such as certain bankruptcy or other catastrophic situations or for economic or other reasons related to a borrower’s financial difficulties that justify modification. When we modify an account, we primarily use a combination of the following to reduce the borrower’s monthly payment: reduce interest rate, extend the term, capitalize past due interest or forgive principal or interest. Additionally, as part of the modification, we may require trial payments. If the account is delinquent at the time of modification, the account is brought current for delinquency reporting. Account modifications that are deemed to be a TDR finance receivable are measured for impairment. Account modifications that are not classified as a TDR finance receivable are measured for impairment in accordance with our policy for allowance for finance receivable losses. Finance charges for TDR finance receivables require the application of judgment. We recognize the contractual interest portion of payments received on nonaccrual finance receivables as finance charges at the time of receipt. TDR finance receivables that are placed on nonaccrual status remain on nonaccrual status until the past due status on the individual finance receivable improves to the point that the finance receivable no longer meets our policy for nonaccrual. Allowance for Finance Receivable Losses We establish the allowance for finance receivable losses through the provision for finance receivable losses. We evaluate our finance receivable portfolio by finance receivable type. Our finance receivable types (personal loans, real estate loans, and retail sales finance) consist of a large number of relatively small, homogeneous accounts. We evaluate our finance receivable types for impairment as pools. None of our accounts are large enough to warrant individual evaluation for impairment. Management considers numerous internal and external factors in estimating probable incurred losses in our finance receivable portfolio, including the following: • prior finance receivable loss and delinquency experience; • underlying collateral • the composition of our finance receivable portfolio; and • current economic conditions, including the levels of unemployment and personal bankruptcies. We base the allowance for finance receivable losses primarily on historical loss experience using a roll rate-based model applied to our finance receivable portfolios. In our roll rate-based model, our finance receivable types are stratified by contractual delinquency stages (i.e., current, 1-29 days past due, 30-59 days past due, etc.) and projected forward in one-month increments using historical roll rates. In each month of the simulation, losses on our finance receivable types are captured, and the ending delinquency stratification serves as the beginning point of the next iteration. No new volume is assumed. This process is repeated until the number of iterations equals the loss emergence period (the interval of time between the event which causes a borrower to default on a finance receivable and our recording of the charge-off) for our finance receivable types. As delinquency is a primary input into our roll rate-based model, we inherently consider nonaccrual loans in our estimate of the allowance for finance receivable losses. Management exercises its judgment, based on quantitative analyses, qualitative factors, such as recent delinquency, underlying collateral, recoverability of collateral securing our finance receivables, other credit trends, and experience in the consumer finance industry, when determining the amount of the allowance for finance receivable losses. We adjust the amounts determined by the roll rate-based model for management’s estimate of the effects of model imprecision, any changes to underwriting criteria, portfolio seasoning, and current economic conditions, including levels of unemployment and personal bankruptcies. We charge or credit this adjustment to expense through the provision for finance receivable losses. We generally charge off to the allowance for finance receivable losses personal loans that are beyond seven payments past due. Generally, we start repossession of the titled personal property when the customer becomes two payments days past due and may charge-off prior to the account becoming seven payments past due. We infrequently extend the charge-off period for individual personal and real estate loan accounts when, in our opinion, such treatment is warranted and consistent with our credit risk policies. We may renew delinquent secured or unsecured personal loan accounts if the customer meets current underwriting criteria and it does not appear that the cause of past delinquency will affect the customer’s ability to repay the renewed loan. We subject all renewals to the same credit risk underwriting process as we would a new application for credit. For our personal loans, we may offer those customers whose accounts are in good standing the opportunity of a deferment, which extends the term of an account. We may extend this offer to customers when they are experiencing higher than normal personal expenses. Generally, this offer is not extended to customers who are delinquent. However, we may offer a deferment to a delinquent customer who is experiencing a temporary financial problem. The account must be current after granting the deferment. To evaluate whether a borrower’s financial difficulties are temporary or other than temporary we review the terms of each deferment to ensure that the borrower has the financial ability to repay the outstanding principal and associated interest in full following the deferment and after the customer is brought current. If, following this analysis, we believe a borrower’s financial difficulties are other than temporary, we will not grant deferment, and the loans may continue to age until they are charged off. We generally limit a customer to two deferments in a rolling twelve month period unless we determine that an exception is warranted and is consistent with our credit risk policies. Additionally, for borrowers that do not meet the qualifications of a deferment, we may also offer a cure agreement, settlement or a loan modification. Accounts that are granted a deferment are not classified as troubled debt restructurings. We do not consider deferments granted as a troubled debt restructuring because the customer is not experiencing an other than temporary financial difficulty, and we are not granting a concession to the customer or the concession granted is immaterial to the contractual cash flows. We pool accounts that have been granted a deferment together with accounts that have not been granted a deferment for measuring impairment in accordance with the authoritative guidance for the accounting for contingencies. The allowance for finance receivable losses related to our purchased credit impaired finance receivables is calculated using updated cash flows expected to be collected, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of current market conditions. Probable decreases in expected finance receivable cash flows result in the recognition of impairment. Probable and significant increases in expected cash flows to be collected would first reverse any previously recorded allowance for finance receivable losses. We also establish reserves for TDR finance receivables, which are included in our allowance for finance receivable losses. The allowance for finance receivable losses related to our TDR finance receivables represents loan-specific reserves based on an analysis of the present value of expected future cash flows. We establish our allowance for finance receivable losses related to our TDR finance receivables by calculating the present value (discounted at the loan’s effective interest rate prior to modification) of all expected cash flows less the recorded investment in the aggregated pool. We use certain assumptions to estimate the expected cash flows from our TDR finance receivables. The primary assumptions to estimate these expected cash flows are prepayment speeds, default rates, and severity rates. Finance Receivables Held for Sale Depending on market conditions or certain of management’s capital sourcing strategies, which may impact our ability and/or intent to hold our finance receivables until maturity or for the foreseeable future, we may decide to sell finance receivables originally intended for investment. Our ability to hold finance receivables for the foreseeable future is subject to a number of factors, including economic and liquidity conditions, and therefore may change. As of each reporting period, management determines our ability to hold finance receivables for the foreseeable future based on assumptions for liquidity requirements or other strategic goals. When it is probable that management’s intent or ability is to no longer hold finance receivables for the foreseeable future and we subsequently decide to sell specifically identified finance receivables that were originally classified as held for investment, the net finance receivables, less allowance for finance receivable losses, are reclassified as finance receivables held for sale and are carried at the lower of cost or fair value. Any amount by which cost exceeds fair value is accounted for as a valuation allowance and is recognized in other revenues in the consolidated statements of operations. We base the fair value estimates on negotiations with prospective purchasers (if any) or by using a discounted cash flows approach. We base cash flows on contractual payment terms adjusted for estimates of prepayments and credit related losses. Cash flows resulting from the sale of the finance receivables that were originally classified as held for investment are recorded as an investing activity in the consolidated statements of cash flows. When sold, we record the sales price we receive less our carrying value of these finance receivables held for sale in other revenues. When it is determined that management no longer intends to sell finance receivables which had previously been classified as finance receivables held for sale and we have the ability to hold the finance receivables for the foreseeable future, we reclassify the finance receivables to finance receivables held for investment at the lower of cost or fair value and we accrete any fair value adjustment over the remaining life of the related finance receivables. Reserve for Sales Recourse Obligations When we sell finance receivables, we may establish a reserve for sales recourse in other liabilities, which represents our estimate of losses to be: (a) incurred by us on the repurchase of certain finance receivables that we previously sold; and (b) incurred by us for the indemnification of losses incurred by purchasers. Certain sale contracts include provisions requiring us to repurchase a finance receivable or indemnify the purchaser for losses it sustains with respect to a finance receivable if a borrower fails to make initial loan payments to the purchaser or if the accompanying real estate loan breaches certain customary representations and warranties. These representations and warranties are made to the purchaser with respect to various characteristics of the finance receivable, such as the manner of origination, the nature and extent of underwriting standards applied, the types of documentation being provided, and, in limited instances, reaching certain defined delinquency limits. Although the representations and warranties are typically in place for the life of the finance receivable, we believe that most repurchase requests occur within the first five years of the sale of a finance receivable. In addition, an investor may request that we refund a portion of the premium paid on the sale of real estate loans if a loan is prepaid within a certain amount of time from the date of sale. At the time of sale (exclusive of finance receivables included in our on-balance sheet securitizations), we record a provision for recourse obligations for estimated repurchases, loss indemnification and premium recapture on finance receivables sold, which is charged to other revenues. Any subsequent adjustments resulting from changes in estimated recourse exposure are recorded in other revenues. Goodwill Goodwill represents the amount of purchase price over the fair value of net assets we acquired in connection with the OneMain Acquisition. We test goodwill for potential impairment annually as of October 1 of each year and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of our reporting unit below its carrying amount. We first complete a qualitative assessment to determine whether it is necessary to perform a quantitative impairment test. If the qualitative assessment indicates that it is more likely than not that the reporting unit’s fair value is less than its carrying amount, we proceed with the quantitative impairment test. When necessary, the fair value of the reporting unit is calculated using the income approach based upon prospective financial information of the reporting unit discounted at a rate we estimate a market participant would use. Intangible Assets other than Goodwill At the time we initially recognize intangible assets, a determination is made with regard to each asset as it relates to its useful life. We have determined that each of our intangible assets has a finite useful life with the exception of the OneMain trade name, insurance licenses, lending licenses and certain domain names, which we have determined to have indefinite lives. For intangible assets with a finite useful life, we review for impairment at least annually and whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. Impairment is indicated if the sum of undiscounted estimated future cash flows is less than the carrying value of the respective asset. Impairment is permanently recognized by writing down the asset to the extent that the carrying value exceeds the estimated fair value. The VOBA is the PVFP of purchased insurance contracts. The PVFP is dynamically amortized over the lifetime of the block of business and is subject to premium deficiency testing in accordance with Accounting Standards Codification (“ASC”) Topic 944, Financial Services — Insurance . For indefinite lived intangible assets, we first complete an annual qualitative assessment to determine whether it is necessary to perform a quantitative impairment test. If the qualitative assessment indicates that the assets are more likely than not to have been impaired, we proceed with the fair value calculation of the assets. The fair value is determined in accordance with our fair value measurement policy. If the fair value is less than the carrying value, an impairment loss will be recognized in an amount equal to the difference and the indefinite life classification will be evaluated to determine whether such classification remains appropriate. Insurance Premiums We recognize revenue for short-duration contracts over the related contract period. Short-duration contracts primarily include credit life, credit disability, credit involuntary unemployment insurance, and collateral protection policies. We defer single premium credit insurance premiums from affiliates in unearned premium reserves which we include as a reduction to net finance receivables. We recognize unearned premiums on credit life, credit disability, credit involuntary unemployment insurance and collateral protection insurance as revenue using the sum-of-the-digits, straight-line or other appropriate methods over the terms of the policies. Premiums from reinsurance assumed are earned over the related contract period. We recognize revenue on long-duration contracts when due from policyholders. Long-duration contracts include term life, accidental death and dismemberment, and disability income protection. For single premium long-duration contracts a liability is accrued, that represents the present value of estimated future policy benefits to be paid to or on behalf of policyholders and related expenses, when premium revenue is recognized. The effects of changes in such estimated future policy benefit reserves are classified in insurance policy benefits and claims in the consolidated statements of operations. We recognize commissions on ancillary products as other revenue when earned. We may finance certain insurance products offered to our customers as part of finance receivables. In such cases, unearned premiums and certain unpaid claim liabilities related to our borrowers are netted and classified as contra-assets in the net finance receivables in the consolidated balance sheets, and the insurance premium is included as an operating cash inflow and the financing of the insurance premium is included as part of the finance receivable as an investing cash flow in the consolidated statements of cash flows. Policy and Claim Reserves Policy reserves for credit life, credit disability, credit involuntary unemployment, and collateral protection insurance equal related unearned premiums. Reserves for losses and loss adjustment expenses are based on claims experience, actual claims reported, and estimates of claims incurred but not reported. Assumptions utilized in determining appropriate reserves are based on historical experience, adjusted to provide for possible adverse deviation. These estimates are periodically reviewed and compared with actual experience and industry standards, and revised if it is determined that future experience will differ substantially from that previously assumed. Since reserves are based on estimates, the ultimate liability may be more or less than such reserves. The effects of changes in such estimated reserves are classified in insurance policy benefits and claims in the consolidated statements of operations in the period in which the estimates are changed. We accrue liabilities for future life insurance policy benefits associated with non-credit life contracts and base the amounts on assumptions as to investment yields, mortality, and surrenders. We base annuity reserves on assumptions as to investment yields and mortality. Ceded insurance reserves are included in other assets and include estimates of the amounts expected to be recovered from reinsurers on insurance claims and policyholder liabilities. Insurance Policy Acquisition Costs We defer insurance policy acquisition costs (primarily commissions, reinsurance fees, and premium taxes). We include deferred policy acquisition costs in other assets and amortize these costs over the terms of the related policies, whether directly written or reinsured. Investment Securities We generally classify our investment securities as available-for-sale or other, depending on management’s intent. Our investment securities classified as available-for-sale are recorded at fair value. We adjust related balance sheet accounts to reflect the current fair value of investment securities and record the adjustment, net of tax, in accumulated other comprehensive income or loss in shareholders’ equity. We record interest receivable on investment securities in other assets. Under the fair value option, we may elect to measure at fair value, financial assets that are not otherwise required to be carried at fair value. We elect the fair value option for available-for-sale securities that are deemed to incorporate an embedded derivative and for which it is impracticable for us to isolate and/or value the derivative. We recognize any changes in fair value in investment revenues. We classify our investment securities in the fair value hierarchy framework based on the observability of inputs. Inputs to the valuation techniques are described as being either observable (Level 1 or 2) or unobservable (Level 3) assumptions (as further described in “Fair Value Measurements” below) that market participants would use in pricing an asset or liability. Impairments on Investment Securities Available-for-sale. We evaluate our available-for-sale securities on an individual basis to identify any instances where the fair value of the investment security is below its amortized cost. For these securities, we then evaluate whether an other-than-temporary impairment exists if any of the following conditions are present: • we intend to sell the security; • it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis; or • we do not expect to recover the security’s entire amortized cost basis (even if we do not intend to sell the security). If we intend to sell an impaired investment security or we will likely be required to sell the security before recovery of its amortized cost basis less any current period credit loss, we recognize an other-than-temporary impairment in investment revenues equal to the difference between the investment security’s amortized cost and its fair value at the balance sheet date. In determining whether a credit loss exists, we compare our best estimate of the present value of the cash flows expected to be collected from the security to the amortized cost basis of the security. Any shortfall in this comparison represents a credit loss. The cash flows expected to be collected are determined by assessing all available information, including length and severity of unrealized loss, issuer default rate, ratings changes and adverse conditions related to the industry sector, financial condition of issuer, credit enhancements, collateral default rates, and other relevant criteria. Management considers factors such as our investment strategy, liquidity requirements, overall business plans, and recovery periods for securities in previous periods of broad market declines. If a credit loss exists with respect to an investment in a security (i.e., we do not expect to recover the entire amortized cost basis of the security), we would be unable to assert that we will recover our amortized cost basis even if we do not intend to sell the security. Therefore, in these situations, an other-than-temporary impairment is considered to have occurred. If a credit loss exists, but we do not intend to sell the security and we will likely not be required to sell the security before recovery of its amortized cost basis less any current period credit loss, the impairment is classified as: (i) the estimated amount relating to credit loss; and (ii) the amount relating to all other factors. We recognize the estimated credit loss in investment revenues, and the non-credit loss amount in accumulated other comprehensive income or loss. Once a credit loss is recognized, we adjust the investment security to a new amortized cost basis equal to the previous amortized cost basis less the credit losses recognized in investment revenues. For investment securities for which other-than-temporary impairments were recognized in investment revenues, the difference between the new amortized cost basis and the cash flows expected to be collected is accreted to investment income. We recognize subsequent increases and decreases in the fair value of our available-for-sale securities in accumulated other comprehensive income or loss, unless the decrease is considered other than temporary. Investment Revenue Recognition We recognize interest on interest bearing fixed-maturity investment securities as revenue on the accrual basis. We amortize any premiums or accrete any discounts as a revenue adjustment using the interest method. We stop accruing interest revenue when the collection of interest becomes uncertain. We record dividen

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [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 this ASU and its amendments 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. In August of 2017, the FASB issued ASU 2017-12, Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities , which improves the financial reporting of hedging relationships to better represent the economic results of an entity’s risk management activities in its financial statements and make certain improvements to simplify the application of the hedge accounting guidance. The amendments in this ASU will make more financial and nonfinancial hedging strategies eligible for hedge accounting, amend the presentation and disclosure requirements and change how entities assess effectiveness. Entities are required to apply the amendments of this ASU as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The amendments in this ASU will become effective for fiscal years beginning January 1, 2019. We elected to early adopt during the fourth quarter of 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 leases primarily consist of leased office space, automobiles and information technology equipment. We completed the implementation of a new leasing system that will allow us to account for these leases in accordance with the new guidance. We have elected the option to adopt the standard on the date of initial application as opposed to the modified retrospective approach. Upon our adoption of this ASU on January 1, 2019, we expect to record a $183 million right-of-use asset in Other Assets and a $183 million lease liability in Other Liabilities. Allowance for Finance Receivable 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 over their expected lives 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 ongoing 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 and 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 in accordance with our model governance policies. After the model has been subject to a parallel testing phase in 2019, the Company will provide further disclosure regarding the estimated impact on our allowance for finance receivable 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, an increase to deferred tax assets and a corresponding one-time cumulative reduction to retained earnings, net of tax, in the consolidated balance sheet as of the beginning of the year of adoption. Insurance In August of 2018, the FASB issued ASU 2018-12, Financial Services - Insurance: Targeted Improvements to the Accounting for Long-Duration Contracts , which provides targeted improvements to Topic 944 for the assumptions used to measure the liability for future policy benefits for nonparticipating traditional and limited-payment contracts; measurement of market risk benefits; amortization of deferred acquisition costs; and enhanced disclosures. The amendments in this ASU become effective for fiscal years beginning January 1, 2021. We have established a cross-functional implementation team and a project plan to ensure we comply with all the amendments in this ASU at the time of adoption. We are currently evaluating the potential impact of the adoption of the ASU on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during 2018 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Finance Receivables

Finance Receivables	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Finance Receivables	Finance Receivables Our finance receivables consist of personal loans and, prior to September 30, 2018, also included other receivables as defined below: • Personal loans — are non-revolving, with a fixed-rate, a fixed term of three to six years , and are secured by automobiles, other titled collateral or are unsecured. • Other receivables — consist of our loan portfolios in a liquidating status. We ceased originating real estate loans in 2012 and purchasing retail sales finance contracts and revolving retail accounts (“retail sales finance portfolio”) in 2013. We continue to service or sub-service the liquidating real estate loans and retail sales finance contracts. Beginning in 2018, we combined real estate loans and retail sales finance portfolio into “Other Receivables.” Previously, we presented real estate loans and retail sales finance portfolio as distinct receivable types. In order to conform to this new alignment, we have revised our prior period finance receivable disclosures. On September 30, 2018, we transferred our real estate loans previously classified as Other Receivables from held for investment to held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. Subsequent to the transfer, we sold a portfolio of real estate loans, the December 2018 Real Estate Loan Sale. See Notes 2 , 6 and 7 included in this report for additional information. Components of net finance receivables held for investment by type were as follows: (dollars in millions) Personal Other Receivables Total December 31, 2018 Gross receivables (a)(b) $ 15,936 $ — $ 15,936 Unearned points and fees (200 ) — (200 ) Accrued finance charges 253 — 253 Deferred origination costs 133 — 133 Total $ 16,122 $ — $ 16,122 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 December 31, 2018 and 2017 , unused lines of credit extended to customers by the Company were immaterial . GEOGRAPHIC DIVERSIFICATION Geographic diversification of finance receivables reduces the concentration of credit risk associated with economic stresses in any one region. The largest concentrations of net finance receivables were as follows: December 31, 2018 2017 * (dollars in millions) Amount Percent Amount Percent Texas $ 1,444 9 % $ 1,300 9 % North Carolina 1,177 7 1,155 8 California 989 6 876 6 Pennsylvania 945 6 882 6 Florida 830 5 674 5 Ohio 791 5 726 5 Illinois 700 4 667 4 Indiana 653 4 608 4 Virginia 651 4 641 4 Georgia 650 4 618 4 Tennessee 547 3 520 3 Other 6,745 43 6,242 42 Total $ 16,122 100 % $ 14,909 100 % * December 31, 2017 concentrations of net finance receivables are presented in the order of December 31, 2018 state concentrations. CREDIT QUALITY INDICATOR We consider the value of the collateral, the concentration of secured loans, and the delinquency status of our finance receivables as our primary credit quality indicators. At December 31, 2018 and 2017 48% 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 December 31, 2018 Performing Current $ 15,373 $ — $ 15,373 30-59 days past due 228 — 228 60-89 days past due 160 — 160 Total performing 15,761 — 15,761 Nonperforming 90-179 days past due 353 — 353 180 days or more past due 8 — 8 Total nonperforming 361 — 361 Total $ 16,122 $ — $ 16,122 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 December 31, 2018 and 2017 , finance receivables held for sale totaled $103 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 7 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) December 31, 2018 2017 OM Loans Carrying amount, net of allowance $ 89 $ 176 Outstanding balance (a) 135 243 Allowance for purchased credit impaired finance receivable losses — 6 FA Loans (b) Carrying amount, net of allowance $ 28 $ 57 Outstanding balance (a) 48 94 Allowance for purchased credit impaired finance receivable losses — 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) December 31, 2018 2017 Carrying amount $ 28 $ 44 Outstanding balance 48 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: (dollars in millions) Years Ended December 31, 2018 2017 2016 OM Loans Balance at beginning of period $ 47 $ 59 $ 151 Accretion (a) (27 ) (34 ) (69 ) Other (b) — — (23 ) Reclassifications from (to) nonaccretable difference (c) 19 22 — Balance at end of period $ 39 $ 47 $ 59 SCP Loans Balance at beginning of period $ — $ — $ 375 Accretion (a) — — (16 ) Transfer due to finance receivables sold — — (359 ) Balance at end of period $ — $ — $ — FA Loans Balance at beginning of period $ 53 $ 60 $ 66 Accretion (a) (4 ) (5 ) (7 ) Reclassifications from (to) nonaccretable difference (c) — (2 ) 12 Transfer due to finance receivables sold (22 ) — (11 ) Balance at end of period $ 27 $ 53 $ 60 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Accretion $ 4 $ 4 $ 5 (b) Other reflects a measurement period adjustment in the first quarter of 2016 based on a change in the expected cash flows in the purchase credit impaired portfolio related to the OneMain Acquisition. The measurement period adjustment created a decrease of $ 23 million to the beginning balance of the OM Loans accretable yield. (c) 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 December 31, 2018 TDR gross finance receivables (b) $ 449 $ 89 $ 538 TDR net finance receivables 452 75 527 Allowance for TDR finance receivable losses 169 — 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) December 31, 2018 2017 TDR gross finance receivables $ 89 $ 90 TDR net finance receivables 75 91 (b) As defined earlier in this Note. As of December 31, 2018 , we had no commitments to lend additional funds on our TDR finance receivables. TDR average net receivables held for investment and held for sale and finance charges recognized on TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) Other Receivables (b) Total Year Ended December 31, 2018 TDR average net receivables $ 382 $ 130 $ 512 TDR finance charges recognized 45 7 52 Year Ended December 31, 2017 TDR average net receivables $ 230 $ 140 $ 370 TDR finance charges recognized 33 9 42 Year Ended December 31, 2016 TDR average net receivables $ 95 $ 175 $ 270 TDR finance charges recognized 12 11 23 (a) TDR personal loans held for sale included in the table above were immaterial. (b) Other Receivables held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 TDR average net receivables $ 98 $ 91 $ 102 TDR finance charges recognized 5 6 6 Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Other Receivables (b) Total Year Ended December 31, 2018 Pre-modification TDR net finance receivables $ 375 $ — $ 3 $ 378 Post-modification TDR net finance receivables: Rate reduction $ 288 $ — $ 3 $ 291 Other (c) 87 — — 87 Total post-modification TDR net finance receivables $ 375 $ — $ 3 $ 378 Number of TDR accounts 56,938 — 70 57,008 Year Ended December 31, 2017 Pre-modification TDR net finance receivables $ 326 $ — $ 16 $ 342 Post-modification TDR net finance receivables: Rate reduction $ 250 $ — $ 16 $ 266 Other (c) 74 — — 74 Total post-modification TDR net finance receivables $ 324 $ — $ 16 $ 340 Number of TDR accounts 45,300 — 510 45,810 Year Ended December 31, 2016 Pre-modification TDR net finance receivables $ 211 $ 1 $ 16 $ 228 Post-modification TDR net finance receivables: Rate reduction $ 194 $ 1 $ 16 $ 211 Other (c) 12 — 1 13 Total post-modification TDR net finance receivables $ 206 $ 1 $ 17 $ 224 Number of TDR accounts 29,395 157 364 29,916 (a) TDR personal loans held for sale included in the table above were immaterial. (b) “Other” loans held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Pre-modification TDR net finance receivables $ 2 $ 6 $ 5 Post-modification TDR net finance receivables $ 2 $ 7 $ 5 Number of TDR accounts 44 232 122 (c) “Other” modifications primarily include forgiveness of principal or interest. Net finance receivables held for investment and held for sale that were modified as TDR finance receivables within the previous 12 months and for which there was a default during the period to cause the TDR finance receivables to be considered nonperforming (90 days or more past due) were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Personal Loans TDR net finance receivables (a) $ 64 $ 88 $ 24 Number of TDR accounts 9,660 14,935 3,684 SpringCastle Portfolio TDR net finance receivables (a) (b) $ — $ — $ — Number of TDR accounts — — 19 Other Receivables TDR net finance receivables (a) (c) $ 1 $ 4 $ 3 Number of TDR accounts 43 101 61 (a) Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. (b) TDR SpringCastle Portfolio loans for the year ended December 31, 2016 that defaulted during the previous 12-month period were less than $ 1 million and, therefore, are not quantified in the combined table above. (c) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Other Receivables TDR net finance receivables $ 1 $ 2 $ 2 Number of TDR accounts 30 53 30

Allowance for Finance Receivabl

Allowance for Finance Receivable Losses	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Allowance for Finance Receivable Losses	Allowance for Finance Receivable Losses Changes in the allowance for finance receivable losses by finance receivable type were as follows: (dollars in millions) Personal SpringCastle Other Receivables Total Year Ended December 31, 2018 Balance at beginning of period $ 668 $ — $ 24 $ 692 Provision for finance receivable losses 1,045 — (2 ) 1,043 Charge-offs (1,095 ) — (2 ) (1,097 ) Recoveries 108 — 3 111 Other (a) — — (23 ) (23 ) Balance at end of period $ 726 $ — $ — $ 726 Year Ended December 31, 2017 Balance at beginning of period $ 666 $ — $ 20 $ 686 Provision for finance receivable losses 941 — 6 947 Charge-offs (1,041 ) — (6 ) (1,047 ) Recoveries 102 — 4 106 Balance at end of period $ 668 $ — $ 24 $ 692 Year Ended December 31, 2016 Balance at beginning of period $ 538 $ 4 $ 47 $ 589 Provision for finance receivable losses 906 14 9 929 Charge-offs (843 ) (17 ) (12 ) (872 ) Recoveries 65 3 6 74 Other (b) — (4 ) (30 ) (34 ) Balance at end of period $ 666 $ — $ 20 $ 686 (a) Other consists primarily of the reclassification of allowance for finance receivable losses due to the transfer of the real estate loans in Other Receivables from held for investment to finance receivables held for sale. See Note 5 included in this report for further information. (b) Other consists of: • the elimination of allowance for finance receivable losses due to the sale of the SpringCastle Portfolio on March 31, 2016, in connection with the sale of our equity interest in the SpringCastle Joint Venture; and • the elimination of allowance for finance receivable losses due to the transfers of real estate loans held for investment to finance receivables held for sale during 2016. 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 December 31, 2018 Allowance for finance receivable losses: Collectively evaluated for impairment $ 557 $ — $ 557 Purchased credit impaired finance receivables — — — TDR finance receivables 169 — 169 Total $ 726 $ — $ 726 Finance receivables: Collectively evaluated for impairment $ 15,581 $ — $ 15,581 Purchased credit impaired finance receivables 89 — 89 TDR finance receivables 452 — 452 Total $ 16,122 $ — $ 16,122 Allowance for finance receivable losses as a percentage of finance receivables 4.50 % — % 4.50 % 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 % See Note 3 for more information regarding our accounting policy for finance receivables losses.

Finance Receivables Held for Sa

Finance Receivables Held for Sale	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Finance Receivables Held for Sale	Finance Receivables Held for Sale We reported finance receivables held for sale of $103 million at December 31, 2018 and $132 million at December 31, 2017 , which are carried at the lower of cost or fair value and consist entirely of real estate loans. We used the aggregate basis to determine the lower of cost or fair value of finance receivables held for sale. After the recognition of the December 2018 Real Estate Loan Sale noted below, the carrying value of the remaining loans classified in finance receivables held for sale exceeded their fair value and, accordingly, we marked the remaining loans to fair value and recorded an impairment in other revenue of $16 million . At December 31, 2017 , the fair value of our finance receivables held for sale exceeded the cost. See Note 3 for more information regarding our accounting policy for finance receivables held for sale. REAL ESTATE LOANS During 2018, we transferred $88 million of real estate loans (net of allowance for finance receivable losses) from held for investment to held for sale due to management’s intent to no longer hold these finance receivables for the foreseeable future. In connection with the December 2018 Real Estate Loan Sale, we sold a portfolio of real estate loans for aggregate cash proceeds of $100 million with a carrying value of $ 82 million and recorded a net gain in other revenues of $ 18 million. During 2016, we transferred $ 307 million of real estate loans (net of allowance for finance receivable losses) from held for investment to held for sale. In August and December 2016, we sold portfolios of real estate loans with a carrying value of $250 million and $ 58 million and recorded an impairment loss in other revenues of $4 million and less than $ 1 million, respectively. SPRINGCASTLE PORTFOLIO During 2016, we transferred $ 1.6 billion of loans (net of allowance for finance receivable losses) of the SpringCastle Portfolio from held for investment to held for sale and simultaneously sold our interests in these finance receivables held for sale on March 31, 2016 in the SpringCastle Interests Sale and recorded a net gain in other revenues at the time of sale of $ 167 million. PERSONAL LOANS During 2015, we transferred $ 608 million of personal loans (net of allowance for finance receivable losses) from held for investment to held for sale. On May 2, 2016, we sold personal loans held for sale with a carrying value of $ 602 million and recorded a net gain in other revenues at the time of sale of $ 22 million. We did not have any other material transfers to or from finance receivables held for sale during 2018 , 2017 , and 2016 .

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities AVAILABLE-FOR-SALE SECURITIES Cost/amortized cost, unrealized gains and losses, and fair value of fixed maturity available-for-sale securities by type were as follows: (dollars in millions) Cost/ Amortized Cost Unrealized Gains Unrealized Losses Fair Value December 31, 2018 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 21 $ — $ — $ 21 Obligations of states, municipalities, and political subdivisions 91 — (1 ) 90 Certificates of deposit and commercial paper 63 — — 63 Non-U.S. government and government sponsored entities 145 — (2 ) 143 Corporate debt 1,027 2 (32 ) 997 Mortgage-backed, asset-backed, and collateralized: RMBS 130 — (2 ) 128 CMBS 72 — (1 ) 71 CDO/ABS 94 1 (1 ) 94 Total $ 1,643 $ 3 $ (39 ) $ 1,607 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 December 31, 2018 U.S. government and government sponsored entities $ 3 $ — $ 16 $ — $ 19 $ — Obligations of states, municipalities, and political subdivisions 10 — 57 (1 ) 67 (1 ) Non-U.S. government and government sponsored entities 19 (1 ) 97 (1 ) 116 (2 ) Corporate debt 377 (14 ) 448 (18 ) 825 (32 ) RMBS 23 — 78 (2 ) 101 (2 ) CMBS 10 — 54 (1 ) 64 (1 ) CDO/ABS 18 — 33 (1 ) 51 (1 ) Total $ 460 $ (15 ) $ 783 $ (24 ) $ 1,243 $ (39 ) 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 ) On a lot basis, we had 1,767 and 1,229 investment securities in an unrealized loss position at December 31, 2018 and December 31, 2017 , respectively. We do not consider the unrealized losses to be credit-related, as these unrealized losses primarily relate to changes in interest rates and market spreads subsequent to purchase. Additionally, at December 31, 2018 , other-than-temporary impairments on investment securities that we intend to sell were immaterial. We do not have plans to sell any of the remaining investment securities with unrealized losses as of December 31, 2018, 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 2018 , other-than-temporary impairment credit losses, primarily on corporate debt, in investment revenues were immaterial. No impairment was recognized during 2017 and 2016. There were no material additions or reductions in the cumulative amount of credit losses (recognized in earnings) on other-than-temporarily impaired available-for-sale securities during 2018 , 2017 , and 2016 . The proceeds of available-for-sale securities sold or redeemed and the resulting net realized gains (losses) were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Proceeds from sales and redemptions $ 341 $ 508 $ 518 Realized gains $ 1 $ 15 $ 16 Realized losses (2 ) (1 ) (1 ) Net realized gains (losses) $ (1 ) $ 14 $ 15 Contractual maturities of fixed-maturity available-for-sale securities at December 31, 2018 were as follows: (dollars in millions) Fair Value Amortized Cost Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities: Due in 1 year or less $ 184 $ 184 Due after 1 year through 5 years 526 534 Due after 5 years through 10 years 410 421 Due after 10 years 194 208 Mortgage-backed, asset-backed, and collateralized securities 293 296 Total $ 1,607 $ 1,643 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 $515 million and $537 million at December 31, 2018 and 2017 , respectively. OTHER SECURITIES The fair value of other securities by type was as follows: (dollars in millions) December 31, 2018 2017 Fixed maturity other securities: Bonds Non-U.S. government and government sponsored entities $ 1 $ 1 Corporate debt 43 68 Mortgage-backed, asset-backed, and collateralized bonds 2 5 Total bonds 46 74 Preferred stock (a) 19 20 Common stock (a) 21 23 Other long-term investments 1 1 Total (b) $ 87 $ 118 (a) The Company employs an income equity strategy targeting investments in stocks with strong current dividend yields. Stocks included have a history of stable or increasing dividend payments. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and FHLB common stock of $1 million at December 31, 2017, which is classified as a restricted investment and carried at cost. Net unrealized losses on other securities held at December 31, 2018 were $7 million . Net unrealized gains and losses during 2017 and 2016 were immaterial. Net realized gains and losses on other securities sold or redeemed during 2018 and 2017 were immaterial. During 2016 , the net realized gains on other securities sold or redeemed were $7 million . We report these gains and losses in investment revenues. Other securities are those securities for which the fair value option was elected. Our remaining trading securities were sold in the first quarter of 2016.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets GOODWILL The carrying amount of goodwill, all of which is reported in our Consumer and Insurance segment, totaled $1.4 billion at December 31, 2018 and 2017 . Goodwill was recorded at the OMFH subsidiary level. We did no t record any impairments to goodwill during 2018 , 2017 and 2016. OTHER INTANGIBLE ASSETS The gross carrying amount and accumulated amortization, in total and by major intangible asset class were as follows: (dollars in millions) Gross Carrying Amount Accumulated Amortization Net Other Intangible Assets December 31, 2018 Customer relationships $ 223 $ (126 ) $ 97 Trade names 220 — 220 VOBA 141 (99 ) 42 Licenses 28 — 28 Other 12 (12 ) — Total $ 624 $ (237 ) $ 387 December 31, 2017 Customer relationships $ 223 $ (92 ) $ 131 Trade names 220 — 220 VOBA 141 (90 ) 51 Licenses 37 — 37 Other 12 (12 ) — Total $ 633 $ (194 ) $ 439 Amortization expense totaled $43 million in 2018 , $52 million in 2017 , and $70 million in 2016 . The estimated aggregate amortization of other intangible assets for each of the next five years is reflected in the table below. (dollars in millions) Estimated Aggregate Amortization Expense 2019 $ 38 2020 38 2021 32 2022 3 2023 3 During 2018 , we recorded an impairment loss of $8 million on our indefinite-lived licenses in connection with the sale of our Yosemite insurance subsidiary. The impairment loss was recorded in acquisition-related transaction and integration expenses.

Other Assets

Other Assets	12 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets Components of other assets were as follows: (dollars in millions) December 31, 2018 2017 Fixed assets, net * $ 133 $ 67 Deferred tax assets 130 139 Prepaid expenses and deferred charges 121 89 Ceded insurance reserves 74 95 Receivables from parent and affiliates 18 4 Other investments 18 29 Current tax receivable 11 13 Cost basis investments 11 11 Other 31 34 Total $ 547 $ 481 * Fixed assets were net of accumulated depreciation of $234 million at December 31, 2018 and $120 million at December 31, 2017 .

Transactions with Affiliates

Transactions with Affiliates	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Transactions with Affiliates	Transactions with Affiliates Upon closing of the Apollo-Värde Transaction, on June 25, 2018, Fortress and its affiliates are no longer considered related-parties or affiliates. See Note 2 for additional information regarding the Apollo-Värde Transaction. SUBSERVICING AGREEMENT Nationstar sub-services the real estate loans of certain of our indirect subsidiaries. Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. The subservicing fees paid to Nationstar, prior to the closing of the Apollo-Värde Transaction, were immaterial. SERVICING AGREEMENT In 2016, we sold our equity interest in the SpringCastle Joint Venture, which owns the SpringCastle Portfolio, to certain subsidiaries of NRZ and Blackstone. NRZ is managed by an affiliate of Fortress. Unless we are terminated, we will continue as the servicer of the SpringCastle Portfolio for the SpringCastle Funding Trust pursuant to a servicing agreement. Prior to the closing of the Apollo-Värde Transaction on June 25, 2018, servicing fees revenue totaled $16 million for the six months ended June 30, 2018. These fees totaled $37 million in 2017 and $32 million in 2016. At June 30, 2018 and December 31, 2017, the servicing fees receivable from the SpringCastle Funding Trust were immaterial. See Note 2 for more information regarding the SpringCastle Interests Sale. Related Party Transactions Notes Receivable from Parent: SFC’s note receivable from SFI is payable in full on May 31, 2022, and SFC may demand payment at any time prior to May 31, 2022. The note receivable from SFI totaled $232 million at December 31, 2018 and $391 million at December 31, 2017 . The interest rate on the note is determined each quarter based on the lender’s cost of funds rate from the prior quarters end, which was 5.59% at December 31, 2018 and 5.87% at December 31, 2017 . Interest income on the note receivable from SFI totaled $17 million during 2018 , $23 million during 2017 and $19 million during 2016 , which we report in interest income on notes receivable from parent and affiliates. Due to the contribution of SMHC, discussed below, SFC’s notes receivable with SFI included $28 million as of December 31, 2018 , due to a note held by a subsidiary of SMHC from SFI. The interest rate on the additional note is determined each quarter based on the lender’s cost of funds rate from the prior quarter’s end plus 25 bps, which was 5.84% at December 31, 2018 . Interest income on the additional note was immaterial during 2018 . SFC does not anticipate the need for additional liquidity during 2019 and does not expect to demand payment on these notes from SFI in 2019 . OneMain General Services Corporation (“OGSC”) Contribution On September 10, 2018, all of the outstanding capital stock of OGSC, a subsidiary of OMH, was contributed to SFC and OGSC became a wholly owned direct subsidiary of SFC. The contribution was effective as of July 1, 2018 and increased SFC’s total shareholder’s equity and total assets by $58 million and $98 million , respectively. The contribution is presented prospectively because it is deemed to be a contribution of net assets. Springleaf Mortgage Holding Company (“SMHC”) Contribution On December 15, 2018, all of the outstanding capital stock of SMHC, a subsidiary of SFI, was contributed to SFC and SMHC became a wholly owned direct subsidiary of SFC. The contribution was effective as of October 1, 2018 and increased SFC’s total shareholder’s equity and total assets by $30 million and $39 million , respectively. The contribution is presented prospectively because it is deemed to be a contribution of net assets. OGSC Services Agreement : OGSC provides the following services to various affiliates under a service agreement: management and administrative services; financial, accounting, treasury, tax, and audit services; facilities support services; capital funding services; legal services; human resources services (including payroll); centralized collections and lending support services; insurance, risk management, and marketing services; and information technology services. The fees payable to OGSC are equal to 100% of the allocated cost of providing the services. We believe these allocations are reasonable among the entities receiving the services. In addition to the services noted above, OGSC assumed the services provided by SFMC, which primarily consist of providing operating staff and field management for our branches. 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. Due to the contribution of OGSC, all activity between OGSC and SFC under this services agreement is eliminated in consolidation as of July 1, 2018. The service fee expense paid to OGSC, prior to the contribution, totaled $265 million , which were included in operating expenses for the year ended December 31, 2018. During 2017 and 2016 , we recorded $460 million and $243 million , respectively. SFC did no t record any expenses related to the terminated license or building lease agreements for the year ended December 31, 2018. License and building lease expenses were immaterial in 2017 . During 2016 , we recorded $10 million in license and building lease expenses which are included as a contra expense to other operating expenses. Loan Referral Fees: Through June 30, 2018, OCLI provided personal loan application and credit underwriting services on behalf of SFC for personal loan applications that are submitted online. SFC was charged a fee of $35 for each underwritten approved application processed, as well as any other fees agreed to by the parties. On July 1, 2018, SFC terminated its agreement with OCLI to provide underwriting services on behalf of SFC. During 2018 , 2017 , and 2016 , SFC recorded $29 million , $56 million , and $17 million of referral fee expense, respectively. Certain costs incurred by OCLI to provide these services are included in deferred origination costs. Parent and Affiliate Receivables and Payables: Receivables from parent and affiliate totaled $18 million and $4 million at December 31, 2018 and December 31, 2017 , respectively, and are included in other assets. Payables to parent and affiliate were immaterial at December 31, 2018 and totaled $189 million at December 31, 2017 , primarily payable to OGSC, and are included in other liabilities.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	Transactions with Affiliates Upon closing of the Apollo-Värde Transaction, on June 25, 2018, Fortress and its affiliates are no longer considered related-parties or affiliates. See Note 2 for additional information regarding the Apollo-Värde Transaction. SUBSERVICING AGREEMENT Nationstar sub-services the real estate loans of certain of our indirect subsidiaries. Investment funds managed by affiliates of Fortress indirectly own a majority interest in Nationstar. The subservicing fees paid to Nationstar, prior to the closing of the Apollo-Värde Transaction, were immaterial. SERVICING AGREEMENT In 2016, we sold our equity interest in the SpringCastle Joint Venture, which owns the SpringCastle Portfolio, to certain subsidiaries of NRZ and Blackstone. NRZ is managed by an affiliate of Fortress. Unless we are terminated, we will continue as the servicer of the SpringCastle Portfolio for the SpringCastle Funding Trust pursuant to a servicing agreement. Prior to the closing of the Apollo-Värde Transaction on June 25, 2018, servicing fees revenue totaled $16 million for the six months ended June 30, 2018. These fees totaled $37 million in 2017 and $32 million in 2016. At June 30, 2018 and December 31, 2017, the servicing fees receivable from the SpringCastle Funding Trust were immaterial. See Note 2 for more information regarding the SpringCastle Interests Sale. Related Party Transactions Notes Receivable from Parent: SFC’s note receivable from SFI is payable in full on May 31, 2022, and SFC may demand payment at any time prior to May 31, 2022. The note receivable from SFI totaled $232 million at December 31, 2018 and $391 million at December 31, 2017 . The interest rate on the note is determined each quarter based on the lender’s cost of funds rate from the prior quarters end, which was 5.59% at December 31, 2018 and 5.87% at December 31, 2017 . Interest income on the note receivable from SFI totaled $17 million during 2018 , $23 million during 2017 and $19 million during 2016 , which we report in interest income on notes receivable from parent and affiliates. Due to the contribution of SMHC, discussed below, SFC’s notes receivable with SFI included $28 million as of December 31, 2018 , due to a note held by a subsidiary of SMHC from SFI. The interest rate on the additional note is determined each quarter based on the lender’s cost of funds rate from the prior quarter’s end plus 25 bps, which was 5.84% at December 31, 2018 . Interest income on the additional note was immaterial during 2018 . SFC does not anticipate the need for additional liquidity during 2019 and does not expect to demand payment on these notes from SFI in 2019 . OneMain General Services Corporation (“OGSC”) Contribution On September 10, 2018, all of the outstanding capital stock of OGSC, a subsidiary of OMH, was contributed to SFC and OGSC became a wholly owned direct subsidiary of SFC. The contribution was effective as of July 1, 2018 and increased SFC’s total shareholder’s equity and total assets by $58 million and $98 million , respectively. The contribution is presented prospectively because it is deemed to be a contribution of net assets. Springleaf Mortgage Holding Company (“SMHC”) Contribution On December 15, 2018, all of the outstanding capital stock of SMHC, a subsidiary of SFI, was contributed to SFC and SMHC became a wholly owned direct subsidiary of SFC. The contribution was effective as of October 1, 2018 and increased SFC’s total shareholder’s equity and total assets by $30 million and $39 million , respectively. The contribution is presented prospectively because it is deemed to be a contribution of net assets. OGSC Services Agreement : OGSC provides the following services to various affiliates under a service agreement: management and administrative services; financial, accounting, treasury, tax, and audit services; facilities support services; capital funding services; legal services; human resources services (including payroll); centralized collections and lending support services; insurance, risk management, and marketing services; and information technology services. The fees payable to OGSC are equal to 100% of the allocated cost of providing the services. We believe these allocations are reasonable among the entities receiving the services. In addition to the services noted above, OGSC assumed the services provided by SFMC, which primarily consist of providing operating staff and field management for our branches. 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. Due to the contribution of OGSC, all activity between OGSC and SFC under this services agreement is eliminated in consolidation as of July 1, 2018. The service fee expense paid to OGSC, prior to the contribution, totaled $265 million , which were included in operating expenses for the year ended December 31, 2018. During 2017 and 2016 , we recorded $460 million and $243 million , respectively. SFC did no t record any expenses related to the terminated license or building lease agreements for the year ended December 31, 2018. License and building lease expenses were immaterial in 2017 . During 2016 , we recorded $10 million in license and building lease expenses which are included as a contra expense to other operating expenses. Loan Referral Fees: Through June 30, 2018, OCLI provided personal loan application and credit underwriting services on behalf of SFC for personal loan applications that are submitted online. SFC was charged a fee of $35 for each underwritten approved application processed, as well as any other fees agreed to by the parties. On July 1, 2018, SFC terminated its agreement with OCLI to provide underwriting services on behalf of SFC. During 2018 , 2017 , and 2016 , SFC recorded $29 million , $56 million , and $17 million of referral fee expense, respectively. Certain costs incurred by OCLI to provide these services are included in deferred origination costs. Parent and Affiliate Receivables and Payables: Receivables from parent and affiliate totaled $18 million and $4 million at December 31, 2018 and December 31, 2017 , respectively, and are included in other assets. Payables to parent and affiliate were immaterial at December 31, 2018 and totaled $189 million at December 31, 2017 , primarily payable to OGSC, and are included in other liabilities.

Long-term Debt

Long-term Debt	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt Carrying value and fair value of long-term debt by type were as follows: December 31, 2018 December 31, 2017 (dollars in millions) Carrying Value Fair Value Carrying Value Fair Value Senior debt $ 15,006 $ 14,868 $ 14,878 $ 15,436 Junior subordinated debt 172 173 172 189 Total $ 15,178 $ 15,041 $ 15,050 $ 15,625 Weighted average effective interest rates on long-term debt by type were as follows: Years Ended December 31, At December 31, 2018 2017 2016 2018 2017 Senior debt 5.64 % 5.73 % 5.60 % 5.89 % 5.56 % Junior subordinated debt 8.13 6.41 12.26 8.56 6.37 Total 5.66 5.74 5.67 5.92 5.57 Principal maturities of long-term debt (excluding projected repayments on securitizations and revolving conduit facilities by period) by type of debt at December 31, 2018 were as follows: Senior Debt (dollars in millions) Securitizations Medium Junior Total Interest rates (a) 2.16% - 6.94% 5.25% - 8.25% 4.19 % 2019 — 686 — 686 2020 — 1,299 — 1,299 2021 — 646 — 646 2022 — 1,000 — 1,000 2023 — 1,175 — 1,175 2024-2067 — 2,849 350 3,199 Securitizations (b) 7,533 — — 7,533 Total principal maturities $ 7,533 $ 7,655 $ 350 $ 15,538 Total carrying amount $ 7,510 $ 7,496 $ 172 $ 15,178 Debt issuance costs (c) $ (23 ) $ (59 ) $ — $ (82 ) (a) The interest rates shown are the range of contractual rates in effect at December 31, 2018 . The interest rate on the remaining principal balance of the Junior Subordinated Debenture consists of a variable floating rate (determined quarterly) equal to 3-month LIBOR plus 1.75% , or 4.19% as of December 31, 2018 . (b) Securitizations have a stated maturity date but are not included in the above maturities by period due to their variable monthly repayments, which may result in pay-off prior to the stated maturity date. At December 31, 2018 , there were no amounts drawn under our revolving conduit facilities. See Note 14 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 $25 million at December 31, 2018 and are reported in other assets. SFC’S OFFERINGS OF 7.125% SENIOR NOTES DUE 2026 During 2018, SFC issued a total of $1.6 billion 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 on an unsecured basis. SFC issued $900 million of the 7.125% SFC Notes on May 11, 2018 and $700 million of the 7.125% SFC Notes on August 10, 2018. SFC used a portion of the net proceeds to redeem the remaining $400 million in aggregate principal amount of the OMFH 7.25% Senior Notes due 2021 and used the remaining proceeds for other general corporate purposes, which included 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 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 December 31, 2018 Outstanding Balance (dollars in millions) 7.125% SFC Notes 5/11/2018 SFC Sixth Supplemental Indenture 7.125% $ 1,600 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% 690 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. 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 December 31, 2018 , $1.6 billion aggregate principal amount of the Other SFC Notes were outstanding. The OMH guarantees of SFC’s long-term debt discussed above are subject to customary release provisions. OMFH Notes During 2018, OMFH redeemed all $700 million outstanding principal amount of OMFH Notes due 2019 and, through two separate redemptions, all $800 million outstanding principal amount of OMFH Notes due 2021 at a redemption price equal to 103.375% for the OMFH Notes due 2019 and 103.625% for the OMFH Notes due 2021, plus accrued and unpaid interest to the redemption date. In connection with these redemptions, we recognized $8 million of net loss on repurchases and repayments of debt for the year ended December 31, 2018 . OMFH is no longer subject to the covenants or other terms of the OMFH Indenture or the OMFH Supplemental Indenture. DEBT COVENANTS SFC Debt Agreements The debt agreements to which SFC and its subsidiaries are a party include customary terms and conditions, including covenants and representations and warranties. Some or all of these agreements also contain certain restrictions, including (i) restrictions on the ability to create senior liens on property and assets in connection with any new debt financings and (ii) SFC’s ability to sell or convey all or substantially all of its assets, unless the transferee assumes SFC’s obligations under the applicable debt agreement. In addition, the OMH guarantees of SFC’s long-term debt discussed above are subject to customary release provisions. With the exception of SFC’s junior subordinated debenture, none of our debt agreements require SFC or any of its subsidiaries to meet or maintain any specific financial targets or ratios. However, certain events, including non-payment of principal or interest, bankruptcy or insolvency, or a breach of a covenant or a representation or warranty, may constitute an event of default and trigger an acceleration of payments. In some cases, an event of default or acceleration of payments under one debt agreement may constitute a cross-default under other debt agreements resulting in an acceleration of payments under the other agreements. As of December 31, 2018 , SFC was in compliance with all of the covenants under its debt agreements. Junior Subordinated Debenture In January of 2007, SFC issued the Junior Subordinated Debenture, consisting of $350 million aggregate principal amount of 60 -year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities sold by a trust sponsored by SFC. SFC can redeem the Junior Subordinated Debenture at par beginning in January of 2017. The interest rate on the remaining principal balance of the Junior Subordinated Debenture consists of a variable floating rate (determined quarterly) equal to 3-month LIBOR plus 1.75% , or 4.19% as of December 31, 2018 . Pursuant to the terms of the Junior Subordinated Debenture, SFC, upon the occurrence of a mandatory trigger event, is required to defer interest payments to the holders of the Junior Subordinated Debenture (and not make dividend payments to SFI) unless SFC obtains non-debt capital funding in an amount equal to all accrued and unpaid interest on the Junior Subordinated Debenture otherwise payable on the next interest payment date and pays such amount to the holders of the Junior Subordinated Debenture. A mandatory trigger event occurs if SFC’s (i) tangible equity to tangible managed assets is less than 5.5% or (ii) average fixed charge ratio is not more than 1.10 x for the trailing four quarters. Based upon SFC’s financial results for the 12 months ended December 31, 2018 , a mandatory trigger event did not occur with respect to the interest payment due in January of 2019, as SFC was in compliance with both required ratios discussed above. OMFH Debt Agreements 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 such, OMFH is no longer subject to the covenants or other terms of the OMFH Indenture or the OMFH Supplemental Indenture.

Variable Interest Entities

Variable Interest Entities	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities CONSOLIDATED VIES As part of our overall funding strategy and as part of our efforts to support our liquidity from sources other than our traditional capital market sources, we have transferred certain finance receivables to VIEs for asset-backed financing transactions, including securitization and conduit transactions. We have determined that SFC or OMFH is 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. SFC or OMFH is deemed to be the primary beneficiary of each VIE because SFC or OMFH, as applicable, has the ability to direct the activities of the VIE that most significantly impact its economic performance, including the losses it absorbs and its right to receive economic benefits that are potentially significant. Such ability arises from SFC’s or OMFH’s and their affiliates’ contractual right to service the finance receivables securing the VIEs’ debt obligations. To the extent we retain any debt obligation or residual interest in an asset-backed financing facility, we are exposed to potentially significant losses and potentially significant returns. The asset-backed debt obligations issued by the VIEs are supported by the expected cash flows from the underlying finance receivables securing such debt obligations. Cash inflows from these finance receivables are distributed to repay the debt obligations and related service providers in accordance with each transaction’s contractual priority of payments, referred to as the “waterfall.” The holders of the asset-backed debt obligations have no recourse to the Company if the cash flows from the underlying finance receivables securing such debt obligations are not sufficient to pay all principal and interest on the asset-backed debt obligations. With respect to any asset-backed financing transaction that has multiple classes of debt obligations, substantially all cash inflows will be directed to the senior debt obligations until fully repaid and, thereafter, to the subordinate debt obligations on a sequential basis. We retain an interest and credit risk in these financing transactions through our ownership of the residual interest in each VIE and, in some cases, the most subordinate class of debt obligations issued by the VIE, which are the first to absorb credit losses on the finance receivables securing the debt obligations. In addition, with respect to each financing transaction that is subject to the risk retention requirements of Section 941 of the Dodd-Frank Act, we retain at least 5% of the balance of each class of debt obligations and at least 5% of the residual interest in each VIE which, collectively, represents 5% of the economic interest in the credit risk of the securitized assets in satisfaction of the risk retention requirements. We expect that any credit losses in the pools of finance receivables securing the asset-backed debt obligations will likely be limited to our retained interests described above. We have no obligation to repurchase or replace qualified finance receivables that subsequently become delinquent or are otherwise in default. We parenthetically disclose on our consolidated balance sheets the VIE’s assets that can only be used to settle the VIE’s obligations and liabilities if its creditors have no recourse against the primary beneficiary’s general credit. The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts and revolving conduit facilities were as follows: (dollars in millions) December 31, 2018 2017 Assets Cash and cash equivalents $ 2 $ 4 Finance receivables: Personal loans 8,480 9,769 Allowance for finance receivable losses 444 465 Restricted cash and restricted cash equivalents 479 482 Other assets 26 20 Liabilities Long-term debt * $ 7,510 $ 8,688 Other liabilities 14 15 * At December 31, 2018, no amounts were drawn under our revolving conduit facilities. 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. 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 total securitized borrowings at December 31, 2018 were $7.5 billion . REVOLVING CONDUIT FACILITIES We had access to 11 conduit facilities with a total borrowing capacity of approximately $6.0 billion as of December 31, 2018 . Our conduit facilities revolving period end ranges from one to three years. Principal balances of outstanding loans, if any, are due and payable in full ranging from three to eight years. Amounts drawn on these facilities are collateralized by our personal loans. At December 31, 2018, no amounts were drawn under these facilities. 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 totaled $341 million in 2018 , $323 million in 2017 , and $341 million in 2016 .

Insurance

Insurance	12 Months Ended
	Dec. 31, 2018
Insurance [Abstract]
Insurance	Insurance As part of our continuing integration efforts in connection with the OneMain Acquisition, on May 29, 2018, the Company entered into a share purchase agreement to sell all of the issued and outstanding shares of its former insurance subsidiary, Yosemite. The transaction closed in the third quarter of 2018. We recorded an impairment of $14 million on the transfer to held for sale in acquisition-related transaction and integration expenses in the second quarter of 2018. INSURANCE RESERVES Components of unearned insurance premium reserves, claim reserves and benefit reserves were as follows: (dollars in millions) December 31, 2018 2017 Finance receivable related: Payable to OMH: Unearned premium reserves $ 583 $ 515 Claim reserves 79 75 Subtotal (a) 662 590 Payable to third party beneficiaries: Unearned premium reserves 100 99 Benefit reserves 106 103 Claim reserves 17 18 Subtotal (b) 223 220 Non-finance receivable related: Unearned premium reserves 77 81 Benefit reserves 364 375 Claim reserves 21 61 Subtotal (b) 462 517 Total $ 1,347 $ 1,327 (a) Reported as a contra-asset to net finance receivables. (b) Reported in insurance claims and policyholder liabilities. Our insurance subsidiaries enter into reinsurance agreements with other insurers. Reserves related to unearned premiums, claims and benefits assumed from non-affiliated insurance companies totaled $319 million and $325 million at December 31, 2018 and 2017 , respectively. Reserves related to unearned premiums, claims and benefits ceded to non-affiliated insurance companies totaled $74 million and $95 million at December 31, 2018 and 2017 , respectively. Changes in the reserve for unpaid claims and loss adjustment expenses (not considering reinsurance recoverable): (dollars in millions) At or for the Years Ended December 31, 2018 2017 2016 Balance at beginning of period $ 154 $ 158 $ 177 Less reinsurance recoverables (23 ) (26 ) (26 ) Net balance at beginning of period 131 132 151 Additions for losses and loss adjustment expenses incurred to: Current year 199 188 203 Prior years * (10 ) 5 (20 ) Total 189 193 183 Reductions for losses and loss adjustment expenses paid related to: Current year (118 ) (115 ) (124 ) Prior years (69 ) (78 ) (78 ) Total (187 ) (193 ) (202 ) Foreign currency translation adjustment (1 ) (1 ) — Net balance at end of period 132 131 132 Plus reinsurance recoverables 4 23 26 Transfer of reserves (19 ) — — Balance at end of period $ 117 $ 154 $ 158 * Reflects (i) a redundancy in the prior years’ net reserves of $10 million at December 31, 2018 , primarily due to a favorable development of credit disability and unemployment claims during the year, (ii) a shortfall in the prior years’ net reserves of $5 million at December 31, 2017 , primarily due to an unfavorable development on previously disclosed property and casualty policies and an unfavorable development on certain assumed credit disability policies, and (iii) a redundancy in the prior years’ net reserves of $20 million at December 31, 2016 , primarily due to credit disability and credit involuntary unemployment claims developing more favorably than anticipated. Incurred claims and allocated claim adjustment expenses, net of reinsurance, as of December 31, 2018 , were as follows: Years Ended December 31, At December 31, 2018 (dollars in millions) 2014 (a) 2015 (a) 2016 (a) 2017 (a) 2018 Incurred-but- not-reported Liabilities (b) Cumulative Number of Reported Claims Cumulative Frequency (c) Credit Insurance Accident Year 2014 $ 145 $ 132 $ 130 $ 131 $ 122 $ 1 51,257 2.7 % 2015 — 138 129 129 126 2 52,545 2.8 % 2016 — — 138 135 133 8 51,611 2.8 % 2017 — — — 136 129 19 44,161 2.4 % 2018 — — — — 145 64 34,882 1.8 % Total $ 655 (a) Unaudited. (b) Includes expected development on reported claims. (c) Frequency for each accident year is calculated as the ratio of all reported claims incurred to the total exposures in force. Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance, as of December 31, 2018 , were as follows: Years Ended December 31, (dollars in millions) 2014 * 2015 * 2016 * 2017* 2018 Credit Insurance Accident Year 2014 $ 65 $ 102 $ 113 $ 119 $ 121 2015 — 68 107 118 123 2016 — — 75 114 125 2017 — — — 77 110 2018 — — — — 82 Total $ 561 All outstanding liabilities before 2014, net of reinsurance — Liabilities for claims and claim adjustment expenses, net of reinsurance $ 94 * Unaudited. The reconciliations of the net incurred and paid claims development to the liability for claims and claim adjustment expenses were as follows: (dollars in millions) December 31, 2018 2017* 2016* Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance: Credit insurance $ 94 $ 90 $ 96 Other short-duration insurance lines 2 22 20 Total 96 112 116 Reinsurance recoverable on unpaid claims: Other short-duration insurance lines — 20 22 Insurance lines other than short-duration 21 22 20 Total gross liability for unpaid claims and claim adjustment expense $ 117 $ 154 $ 158 * Unaudited. We use completion factors to estimate the unpaid claim liability for credit insurance and most other short-duration products. For some products, the unpaid claim liability is estimated as a percent of exposure. There have been no significant changes in methodologies or assumptions during 2018 . Our average annual percentage payout of incurred claims by age, net of reinsurance, as of December 31, 2018 , were as follows: Years 1 2 3 4 5 Credit insurance 56.1 % 28.9 % 8.7 % 4.6 % 1.8 % STATUTORY ACCOUNTING Our insurance subsidiaries file financial statements prepared using statutory accounting practices prescribed or permitted by the Indiana DOI and the Texas DOI which is a comprehensive basis of accounting other than GAAP. The primary differences between statutory accounting practices and GAAP are that under statutory accounting, policy acquisition costs are expensed as incurred, policyholder liabilities are generally valued using prescribed actuarial assumptions, and certain investment securities are reported at amortized cost. We are not required and did not apply purchase accounting to the insurance subsidiaries on a statutory basis. Statutory net income (loss) for our insurance companies by type of insurance was as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Property and casualty: Yosemite $ — $ 19 $ 11 Triton 18 31 14 Life and health: Merit $ 53 $ 37 $ 20 AHL 32 34 71 Statutory capital and surplus for our insurance companies by type of insurance were as follows: (dollars in millions) December 31, 2018 2017 Property and casualty: Yosemite $ — $ 42 Triton 113 170 Life and health: Merit $ 94 $ 79 AHL 129 130 Our insurance companies are also subject to risk-based capital requirements adopted by the Indiana DOI and the Texas DOI. Minimum statutory capital and surplus is the risk-based capital level that would trigger regulatory action. At December 31, 2018 and 2017 , our insurance subsidiaries’ statutory capital and surplus exceeded the risk-based capital minimum required levels. DIVIDEND RESTRICTIONS Our insurance subsidiaries are subject to state regulations that limit their ability to pay dividends. State law restricts the amounts that Merit and Yosemite may pay as dividends without prior notice to the Indiana DOI and the amounts that AHL and Triton may pay as dividends without prior notice to the Texas DOI. The maximum amount of dividends, referred to as “ordinary dividends,” for an Indiana or Texas domiciled life insurance company that can be paid without prior approval in a 12 month period (measured retrospectively from the date of payment) is the greater of: (i) 10% of policyholders’ surplus as of the prior year-end or (ii) the statutory net gain from operations as of the prior year-end. Any amount greater must be approved by the Indiana DOI or Texas DOI prior to its payment. The maximum ordinary dividends for an Indiana or Texas domiciled property and casualty insurance company that can be paid without prior approval in a 12 month period (measured retrospectively from the date of payment) is the greater of: (i) 10% of policyholders’ surplus as of the prior year-end or (ii) the statutory net income. Any amount greater must be approved by the Indiana DOI or Texas DOI prior to its payment. These approved dividends are called “extraordinary dividends.” AHL and Triton paid extraordinary dividends to OMFH totaling $70 million , $111 million , and $105 million during 2018 , 2017 , and 2016 , respectively. AHL paid an ordinary dividend to OMFH totaling $34 million in 2018 . Yosemite, prior to its sale on September 30, 2018, and Merit paid extraordinary dividends to SFC totaling $42 million , $125 million , and $63 million during 2018 , 2017 , and 2016 , respectively. Merit paid an ordinary dividend to SFC totaling $37 million in 2018 .

Other Liabilities

Other Liabilities	12 Months Ended
	Dec. 31, 2018
Other Liabilities Disclosure [Abstract]
Other Liabilities	Other Liabilities Components of other liabilities were as follows: (dollars in millions) December 31, 2018 2017 Accrued interest on debt $ 123 $ 58 Accrued expenses and other liabilities 106 79 Salary and benefit liabilities 97 31 Retirement plans 14 5 Insurance liabilities 10 12 Loan principal warranty reserve 6 8 Payables to parent and affiliates * — 189 Other 27 28 Total $ 383 $ 410 * Due to the contribution of OGSC, we did not have payables to parent and affiliates at December 31, 2018. Payables to parent and affiliates at December 31, 2017 primarily consisted of payables to OGSC for services provided to SFC under its intercompany service agreements. See Note 12 for further information regarding SFC’s intercompany agreements and the contribution of OGSC.

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Capital Stock	Capital Stock SFC has two classes of authorized capital stock: special stock and common stock. SFC may issue special stock in series. The SFC board of directors determines the dividend, liquidation, redemption, conversion, voting and other rights prior to issuance. Par value and shares authorized at December 31, 2018 were as follows: Special Stock Common Stock Par value $ — $ 0.50 Shares authorized 25,000,000 25,000,000 Shares issued and outstanding were as follows: Special Stock Common Stock December 31, 2018 2017 2018 2017 Shares issued and outstanding — — 10,160,021 10,160,021

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 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) Year Ended December 31, 2018 Balance at beginning of period $ 4 $ (1 ) $ 3 $ 6 Other comprehensive income (loss) before reclassifications (35 ) (5 ) (9 ) (49 ) Reclassification adjustments from accumulated other comprehensive income (loss) 1 — — 1 Impact of AOCI reclassification due to the Tax Act 2 (1 ) 2 3 Contribution of OGSC to SFC from SFI — 5 — 5 Balance at end of period $ (28 ) $ (2 ) $ (4 ) $ (34 ) Year Ended December 31, 2017 Balance at beginning of period $ (1 ) $ (4 ) $ (1 ) $ (6 ) Other comprehensive income before reclassifications 14 3 4 21 Reclassification adjustments from accumulated other comprehensive loss (9 ) — — (9 ) Balance at end of period $ 4 $ (1 ) $ 3 $ 6 Year Ended December 31, 2016 Balance at beginning of period $ (14 ) $ (19 ) $ — $ (33 ) Other comprehensive income before reclassifications 23 15 3 41 Reclassification adjustments from accumulated other comprehensive loss (10 ) — (4 ) (14 ) Balance at end of period $ (1 ) $ (4 ) $ (1 ) $ (6 ) Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our consolidated statements of operations were as follows: (dollars in millions) Year Ended December 31, 2018 2017 2016 Unrealized gains (losses) on available-for-sale securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ (2 ) $ 14 $ 15 Income tax effect 1 (5 ) (5 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes (1 ) $ 9 10 Unrealized gains on foreign currency translation adjustments: Reclassification from accumulated other comprehensive income (loss) to other revenues — — 4 Total $ (1 ) $ 9 $ 14

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes OMH and all of its eligible domestic U.S. subsidiaries, including SFC, file a consolidated life/non-life federal tax return with the IRS. AHL, an insurance subsidiary of SFC, is not an eligible company under Internal Revenue Code Section 1504 and therefore, files separate federal life insurance tax returns. Income taxes from the consolidated federal and state tax returns are allocated to our eligible subsidiaries under a tax sharing agreement with OMH. The Company’s foreign subsidiaries/branches file tax returns in Canada, Puerto Rico, and the U.S. Virgin Islands. The Company recognizes a deferred tax liability for the undistributed earnings of its foreign operations, if any, as we do not consider the amounts to be permanently reinvested. As of December 31, 2018 , the Company had no undistributed foreign earnings. Components of income before income tax expense were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Income before income tax expense - U.S. operations $ 629 $ 380 $ 380 Income before income tax expense - foreign operations 14 15 17 Total $ 643 $ 395 $ 397 Components of income tax expense (benefit) were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Current: Federal $ 138 $ 190 $ 210 Foreign 2 2 1 State 21 8 21 Total current 161 200 232 Deferred: Federal 11 34 (92 ) Foreign * — — 5 State 10 9 (18 ) Total deferred 21 43 (105 ) Total $ 182 $ 243 $ 127 * There were no deferred foreign income taxes during 2018 and were immaterial during 2017 and, therefore, are not quantified in the table above. Expense from foreign income taxes includes foreign subsidiaries/branches that operate in Canada, Puerto Rico, and the U.S. Virgin Islands. During 2016 , expense from foreign income taxes also included United Kingdom operations. Reconciliations of the statutory federal income tax rate to the effective income tax rate were as follows: Years Ended December 31, 2018 2017 2016 Statutory federal income tax rate 21.00 % 35.00 % 35.00 % Nondeductible compensation 3.73 — — State income taxes, net of federal 3.68 2.63 0.48 Excess tax expense (benefit) on share-based compensation 0.02 0.33 (0.18 ) Return to provision adjustment — 0.81 0.26 Impact of Tax Act — 21.69 — Tax impact of United Kingdom subsidiary liquidation — — (0.54 ) Non-controlling interests — — (2.49 ) Other, net (0.08 ) 1.09 (0.66 ) Effective income tax rate 28.35 % 61.55 % 31.87 % The effective income tax rate for 2018 , 2017 , and 2016 differed from the statutory federal income tax rate primarily due to the effect of non-deductible compensation, the recognition of the impact of the Tax Act, effects of the non-controlling interest in the previously owned SpringCastle Portfolio, and state income taxes. 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%. The lower effective income tax rate in 2018 as compared to 2017 is primarily due to the lower federal statutory rate of 21% in 2018 and the recognition of the impact of the Tax Act which increased our 2017 effective tax rate by 21.69% . The higher effective income tax rate in 2017 as compared to 2016 is primarily due to the recognition of the impact of the Tax Act which increased our 2017 effective income tax rate by 21.69% . As a result of the Tax Act we recognized an $ 81 million tax charge in 2017 . This charge is primarily the result of the lower corporate tax rate, which required us to remeasure our net deferred tax asset to reflect the lower corporate tax rate. A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits (all of which would affect the effective income tax rate if recognized) is as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Balance at beginning of year $ 15 $ 16 $ 15 Increases in tax positions for current years — 1 2 Increases in tax positions for prior years 8 — — Lapse in statute of limitations (6 ) (2 ) (1 ) Balance at end of year $ 17 $ 15 $ 16 Our gross unrecognized tax benefits include related interest and penalties. We accrue interest related to uncertain tax positions in income tax expense. In 2018, we released certain positions due to the expiry of statute of limitations but this release was more than offset by the increase relating to the potential state income tax exposures. 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. In 2018, we closed federal audits pertaining to our returns for the years 2011 to 2013 without any significant audit adjustment. We are currently under examination of our U.S. federal tax return for the years 2014 to 2016 by the IRS. We are also under examination of various states for the years 2011 to 2017. Management believes it has adequately provided for taxes for such years. Components of deferred tax assets and liabilities were as follows: (dollars in millions) December 31, 2018 2017 Deferred tax assets: Allowance for loan losses $ 152 $ 146 State taxes, net of federal 60 65 Mark-to-market 35 55 Pension/employee benefits 20 5 Tax interest adjustment 15 14 Fair value of equity and securities investments 7 — Acquisition costs 5 6 Federal and foreign net operating losses and tax attributes 4 5 Insurance reserves 3 3 Legal and warranty reserve 2 2 Other intangibles 1 2 Other 13 1 Total 317 304 Deferred tax liabilities: Goodwill 61 41 Debt fair value adjustment 51 44 Deferred loan fees 17 14 Discount - debt exchange 8 11 Deferred insurance commissions 2 2 Fair value of equity and securities investments — 5 Other 7 6 Total 146 123 Net deferred tax assets before valuation allowance 171 181 Valuation allowance (41 ) (44 ) Net deferred tax assets $ 130 $ 137 The gross deferred tax liabilities are expected to reverse in time, and projected taxable income is expected to be sufficient to create positive taxable income, which will allow for the realization of all of our gross federal deferred tax assets and a portion of the state deferred tax assets. The decrease of our net deferred tax asset is mainly attributable to favorable movement of mark-to-market basis difference on our loan receivables and tax amortization on goodwill which was partly offset by the pension liability. At December 31, 2018 we had state net operating loss carryforwards of $ 614 million, compared to $ 704 million at December 31, 2017 . The state net operating loss carryforwards mostly expire between 2019 and 2037, except for some states which conform to the federal rules for indefinite carryforward. We had a valuation allowance on our gross state deferred tax assets, net of deferred federal tax benefit of $ 38 million and $ 44 million at December 31, 2018 and 2017 , respectively. The total valuation allowance was established based on management’s determination that the deferred tax assets are more likely than not to not be realized.

Lease Commitments, Rent Expense

Lease Commitments, Rent Expense, and Contingent Liabilities	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Lease Commitments, Rent Expense, and Contingent Liabilities	Lease Commitments, Rent Expense, and Contingent Liabilities LEASE COMMITMENTS AND RENT EXPENSE Annual rental commitments for leased office space, automobiles and information technology equipment accounted for as operating leases, excluding leases on a month-to-month basis, were as follows: (dollars in millions) Lease Commitments 2019 $ 60 2020 50 2021 37 2022 26 2023 12 2024+ 12 Total $ 197 In addition to rent, we pay taxes, insurance, and maintenance expenses under certain leases. In the normal course of business, we will renew leases that expire or replace them with leases on other properties. Rental expense totaled $72 million in 2018 , $77 million in 2017 , and $80 million in 2016 . 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 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 consolidated financial statements as a whole. SALES RECOURSE OBLIGATIONS At December 31, 2018 , our reserve for sales recourse obligations totaled $6 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 twelve months ended December 31, 2018 and 2017 , we had no material repurchase activity related to these sales and no material activity related to our sales recourse obligations. There were no additional reserves for sales recourse obligations related to the December 2018 Real Estate Loan Sale as there was no estimated recourse obligation exposure associated with the portfolio. The activity in our reserve for sales recourse obligations was as follows: (dollars in millions) At or for the Years Ended December 31, 2018 2017 2016 Balance at beginning of period $ 8 $ 13 $ 15 Recourse losses — (1 ) — Provision for recourse obligations, net of recoveries * (2 ) (4 ) (2 ) Balance at end of period $ 6 $ 8 $ 13 * Reflects the elimination of the reserve associated with other prior sales of finance receivables. At December 31, 2018 , there were no material recourse requests with loss exposure that management believed would not be covered by the reserve. However, we will continue to monitor any repurchase activity in the future and will adjust the reserve accordingly. When recourse losses are reasonably possible or exposure to such losses exists in excess of the liability already accrued, it is not always possible to reasonably estimate the size of the possible recourse losses or range of losses.

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans PENSION PLANS Retirement Plan The Springleaf Financial Services Retirement Plan (the “Retirement Plan”) is a noncontributory defined benefit plan which is subject to the provisions of ERISA. Effective December 31, 2012, the Retirement Plan was frozen. U.S. salaried employees who were employed by a participating company, had attained age 21 , and completed twelve months of continuous service were eligible to participate in the plan. Employees generally vested after 5 years of service. Prior to January 1, 2013, unreduced benefits were paid to retirees at normal retirement (age 65 ) and were based upon a percentage of final average compensation multiplied by years of credited service, up to 44 years. Our current and former employees will not lose any vested benefits in the Retirement Plan that accrued prior to January 1, 2013. CommoLoCo Retirement Plan The CommoLoCo Retirement Plan is a noncontributory defined benefit plan which is subject to the provisions of the Puerto Rico tax code. Effective December 31, 2012, the CommoLoCo Retirement Plan was frozen. Puerto Rican residents employed by CommoLoCo, Inc., our Puerto Rican subsidiary, who had attained age 21 and completed one year of service were eligible to participate in the plan. Our current and former employees in Puerto Rico will not lose any vested benefits in the CommoLoCo Retirement Plan that accrued prior to January 1, 2013. Unfunded Defined Benefit Plans We sponsor unfunded defined benefit plans for certain employees, including key executives, designed to supplement pension benefits provided by our other retirement plans. These include: (i) Springleaf Financial Services Excess Retirement Income Plan (the “Excess Retirement Income Plan”), which provides a benefit equal to the reduction in benefits payable to certain employees under our qualified retirement plan as a result of federal tax limitations on compensation and benefits payable; and (ii) the Supplemental Executive Retirement Plan (“SERP”), which provides additional retirement benefits to designated executives. Benefits under the Excess Retirement Income Plan were frozen as of December 31, 2012, and benefits under the SERP were frozen at the end of August 2004. 401(K) PLANS We sponsor voluntary savings plans for our employees. Springleaf Financial Services 401(k) Plan The Springleaf Financial Services 401(k) Plan (the “401(k) Plan”) for 2018 , 2017 , and 2016 provided for a 100% Company matching on the first 4% of the salary reduction contributions of the employees. We do not anticipate any changes to the Company’s matching contributions for 2019. In addition, the Company may make a discretionary profit sharing contribution to the 401(k) Plan. The Company has full discretion to determine whether to make such a contribution, and the amount of such contribution. In no event, however, will the discretionary profit sharing contribution exceed 4% of annual pay. In order to share in the retirement contribution, employees must have satisfied the 401(k) Plan’s eligibility requirements and be employed on the last day of the year. The employees are not required to contribute any money to the 401(k) Plan in order to qualify for the Company profit sharing contribution. The discretionary profit sharing contribution will be divided among participants eligible to share in the contribution for the year in the same proportion that the participant’s pay bears to the total pay of all participants. This means the amount allocated to each eligible participant’s account will, as a percentage of pay, be the same. The salaries and benefit expense associated with this plan was $ 17 million in 2018, $ 16 million in 2017, and $ 21 million in 2016. CommoLoCo Thrift Plan The CommoLoCo Thrift Plan provided salary reduction contributions by employees and 100% matching contributions by the Company of up to 3% of annual salary and 50% matching contributions by the Company of the next 3% of annual salary depending on the respective employee’s years of service. The CommoLoCo Thrift Plan was terminated in 2016. There was no salaries and benefit expense associated with this plan for 2018 , 2017 , and 2016 . OBLIGATIONS AND FUNDED STATUS The following table presents the funded status of the defined benefit pension plans. The funded status of the plans is measured as the difference between the plan assets at fair value and the projected benefit obligation. (dollars in millions) Pension * At or for the Years Ended December 31, 2018 2017 2016 Projected benefit obligation, beginning of period $ 354 $ 385 $ 388 Interest cost 11 13 16 Actuarial loss (gain) (30 ) 17 (6 ) Benefits paid: Plan assets (15 ) (14 ) (13 ) Settlement — (47 ) — Projected benefit obligation, end of period 320 354 385 Fair value of plan assets, beginning of period 341 354 333 Actual return on plan assets, net of expenses (19 ) 47 33 Company contributions 1 1 1 Benefits paid: Plan assets (15 ) (14 ) (13 ) Settlement — (47 ) — Fair value of plan assets, end of period 308 341 354 Funded status, end of period $ (12 ) $ (13 ) $ (31 ) Other liabilities recognized in the consolidated balance sheet $ (12 ) $ (13 ) $ (31 ) Pretax net gain (loss) recognized in accumulated other comprehensive income or loss $ (3 ) $ 4 $ (7 ) * Includes non-qualified unfunded plans, for which the aggregate projected benefit obligation was $9 million at December 31, 2018 and $10 million at December 31, 2017 and 2016 . The accumulated benefit obligation for U.S. pension benefit plans was $ 320 million at December 31, 2018 and $ 354 million at December 31, 2017. Defined benefit pension plan obligations in which the PBO was in excess of the related plan assets and the ABO was in excess of the related plan assets were as follows: (dollars in millions) PBO and ABO Exceeds December 31, 2018 2017 Projected benefit obligation $ 320 $ 354 Accumulated benefit obligation 320 354 Fair value of plan assets 308 341 The following table presents the components of net periodic benefit cost recognized in income and other amounts recognized in accumulated other comprehensive income or loss with respect to the defined benefit pension plans: (dollars in millions) Pension Years Ended December 31, 2018 2017 2016 Components of net periodic benefit cost: Interest cost $ 11 $ 13 $ 16 Expected return on assets (18 ) (18 ) (17 ) Settlement gain — (2 ) — Net periodic benefit cost (7 ) (7 ) (1 ) Other changes in plan assets and projected benefit obligation recognized in other comprehensive income or loss: Net actuarial loss (gain) 7 (12 ) (22 ) Amortization of net actuarial gain (loss) — 2 — Total recognized in other comprehensive income or loss 7 (10 ) (22 ) Total recognized in net periodic benefit cost and other comprehensive income or loss $ — $ (17 ) $ (23 ) We have made the following estimates relating to our combined defined benefit pension plans: • the estimated net loss that will be amortized from accumulated other comprehensive income or loss into net periodic benefit cost over the next fiscal year will be less than $ 1 million for our combined defined benefit pension plans; and • the estimated prior service credit that will be amortized from accumulated other comprehensive income or loss into net periodic benefit cost over the next fiscal year will be zero for our combined defined benefit pension plans. Assumptions The following table summarizes the weighted average assumptions used to determine the projected benefit obligations and the net periodic benefit costs: Pension December 31, 2018 2017 Projected benefit obligation: Discount rate 4.12 % 3.49 % Net periodic benefit costs: Discount rate 3.49 % 4.04 % Expected long-term rate of return on plan assets 5.27 % 5.28 % Discount Rate Methodology The projected benefit cash flows were discounted using the spot rates derived from the unadjusted FTSE Pension Discount Curve (formerly the Citigroup Pension Discount Curve) at December 31, 2018 and an equivalent weighted average discount rate was derived that resulted in the same liability. Investment Strategy The investment strategy with respect to assets relating to our pension plans is designed to achieve investment returns that will (i) provide for the benefit obligations of the plans over the long term; (ii) limit the risk of short-term funding shortfalls; and (iii) maintain liquidity sufficient to address cash needs. Accordingly, the asset allocation strategy is designed to maximize the investment rate of return while managing various risk factors, including but not limited to, volatility relative to the benefit obligations, diversification and concentration, and the risk and rewards profile indigenous to each asset class. Allocation of Plan Assets The long-term strategic asset allocation is reviewed and revised annually. The plans’ assets are monitored by our Retirement Plans Committee and the investment managers, which can entail allocating the plans’ assets among approved asset classes within pre-approved ranges permitted by the strategic allocation. At December 31, 2018, the actual asset allocation for the primary asset classes was 95% in fixed income securities, 4% in equity securities, and 1% in cash and cash equivalents. The 2019 target asset allocation for the primary asset classes is 94% in fixed income securities and 6% in equity securities. The actual allocation may differ from the target allocation at any particular point in time. The expected long-term rate of return for the plans was 5.3% for the Retirement Plan and 5.8% for the CommoLoCo Retirement Plan for 2018. The expected rate of return is an aggregation of expected returns within each asset class category. The expected asset return and any contributions made by the Company together are expected to maintain the plans’ ability to meet all required benefit obligations. The expected asset return with respect to each asset class was developed based on a building block approach that considers historical returns, current market conditions, asset volatility and the expectations for future market returns. While the assessment of the expected rate of return is long-term and thus not expected to change annually, significant changes in investment strategy or economic conditions may warrant such a change. Expected Cash Flows Funding for the U.S. pension plan ranges from the minimum amount required by ERISA to the maximum amount that would be deductible for U.S. tax purposes. This range is generally not determined until the fourth quarter. Contributed amounts in excess of the minimum amounts are deemed voluntary. Amounts in excess of the maximum amount would be subject to an excise tax and may not be deductible under the IRC. Supplemental and excess plans’ payments and postretirement plan payments are deductible when paid. The expected future benefit payments, net of participants’ contributions, of our defined benefit pension plans at December 31, 2018 are as follows: (dollars in millions) Pension 2019 $ 15 2020 15 2021 16 2022 16 2023 16 2024-2028 86 FAIR VALUE MEASUREMENTS — PLAN ASSETS The inputs and methodology used in determining the fair value of the plan assets are consistent with those used to measure our assets. The following table presents information about our plan assets measured at fair value and indicates the fair value hierarchy based on the levels of inputs we utilized to determine such fair value: (dollars in millions) Level 1 Level 2 Level 3 Total December 31, 2018 Assets: Cash and cash equivalents $ 4 $ — $ — $ 4 Equity securities: U.S. (a) — 7 — 7 International (b) — 6 — 6 Fixed income securities: U.S. investment grade (c) — 287 — 287 U.S. high yield (d) — 4 — 4 Total $ 4 $ 304 $ — $ 308 December 31, 2017 Assets: Cash and cash equivalents $ 2 $ — $ — $ 2 Equity securities: U.S. (a) — 23 — 23 International (b) — 24 — 24 Fixed income securities: U.S. investment grade (c) — 281 — 281 U.S. high yield (d) — 11 — 11 Total $ 2 $ 339 $ — $ 341 (a) Includes index mutual funds that primarily track several indices including S&P 500 and S&P 600 in addition to other actively managed accounts, comprised of investments in small cap and large cap companies. (b) Includes investment mutual funds in companies in emerging and developed markets. (c) Includes investment mutual funds in U.S. and non-U.S. government issued bonds, U.S. government agency or sponsored agency bonds, and investment grade corporate bonds. (d) Includes investment mutual funds in securities or debt obligations that have a rating below investment grade. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in these securities. Based on our investment strategy, we have no significant concentrations of risks.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	. Shared-Based Compensation OMNIBUS INCENTIVE PLAN In 2013, OMH adopted the 2013 Omnibus Incentive Plan, which was amended and restated effective as of May 25, 2016, under which equity-based awards are granted to selected management employees, non-employee directors, independent contractors, and consultants. The amendment and restatement of the Omnibus Plan (i) extended the term of the Omnibus Plan from October 2023 to May 2026 and (ii) limited the number of cash and equity-based awards under the Omnibus Plan valued at more than $ 500,000 to non-employee directors during the calendar year. As of December 31, 2018, 13,215,718 shares of common stock were reserved for issuance under the Omnibus Plan, including 838,326 shares subject to outstanding equity awards. The amount of shares reserved is adjusted annually at the beginning of the year by a number of shares equal to the excess of 10% of the number of outstanding shares on the last day of the previous fiscal year over the number of shares reserved and available for issuance as of the last day of the previous fiscal year. The Omnibus Plan allows for issuance of stock options, RSUs and RSAs, stock appreciation rights, and other stock-based awards and cash awards. Service-based Awards In connection with the initial public offering on October 16, 2013 and subsequent to the offering, we have granted service-based RSUs and RSAs to certain of our executives and employees. The RSUs are subject to a graded vesting period of 4.2 years or less and do not provide the holders with any rights as shareholders, including the right to earn dividends during the vesting period. The RSAs are subject to a graded vesting period of three years or less and provide the holders the right to vote and to earn dividends during the vesting period. The fair value for restricted units and awards is generally the closing market price of OMH’s common stock on the date of the award. For awards granted in connection with the initial public offering, the fair value is the offering price. Expense is amortized on a straight-line basis over the vesting period, based on the number of awards that are ultimately expected to vest. The weighted-average grant date fair value of service-based awards issued in 2018, 2017, and 2016 was $ 31.55 , $ 27.85 , and $ 26.14 , respectively. The total fair value of service-based awards that vested during 2018, 2017, and 2016 was $ 23 million , $ 18 million , and $ 10 million , respectively. The following table summarizes the service-based stock activity and related information for the Omnibus Plan for 2018: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Term (in Years) Unvested as of January 1, 2018 1,141,610 $ 34.87 Granted 489,601 31.55 Vested (765,659 ) 30.56 Forfeited (170,960 ) 33.14 Unvested at December 31, 2018 694,592 37.70 1.58 Performance-based Awards During 2018, 2017 and 2016, OMH awarded certain executives performance based RSUs (“PRSUs”) that may be earned based on the financial performance of OMH. Certain PRSUs are subject to the achievement of performance goals during the period between the grant date and December 31, 2018. These awards are also subject to a graded vesting period of two years after the attainment of the performance goal. Vesting for these awards will occur on the filing date of this Annual Report on Form 10-K that occurs after the performance year or the date the actual performance outcome is determined, whichever is later. All of the PRSUs allow for partial vesting if a minimum level of performance is attained. The PRSUs do not provide the holders with any rights as shareholders, including the right to earn dividends during the vesting period. The fair value for PRSUs is based on the closing market price of our stock on the date of the award. Expense for performance-based shares is recognized over the requisite service period when it is probable that the performance goals will be achieved and is based on the total number of units expected to vest. Expense for awards with graded vesting is recognized under the accelerated method, whereby each vesting is treated as a separate award with expense for each vesting recognized ratably over the requisite service period. If minimum targets are not achieved by the end of the respective performance periods, all unvested shares related to those targets will be forfeited and canceled, and all expense recognized to that date is reversed. Prior to the OneMain Acquisition, none of the performance targets related to certain PRSUs issued in 2014 were deemed probable of occurring. Subsequent to the OneMain Acquisition, the targets were re-evaluated and the 100% performance targets were deemed probable of occurring. Accordingly in 2015, we recorded a cumulative catch-up expense of $6 million , which was included in acquisition-related transaction and integration expenses. During the fourth quarter of 2016, the Compensation Committee determined that the PRSU performance targets were 100% achieved. Accordingly, a portion of the PRSU awards vested immediately, with the remaining shares subject to vesting upon meeting stated service requirements. The weighted average grant date fair value of performance-based awards issued in 2018 and 2017 was $ 24.98 . No performance shares were granted during 2016. The total fair value of performance-based awards that vested during 2018, 2017, and 2016 was $ 3 million , $ 2 million , and $ 4 million , respectively. The following table summarizes the performance-based stock activity and related information for the Omnibus Plan for 2018: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Term (in Years) Unvested as of January 1, 2018 269,626 $ 26.14 Granted 13,420 24.98 Vested (126,497 ) 24.83 Forfeited (12,815 ) 34.84 Unvested at December 31, 2018 143,734 26.40 0.61 Total share-based compensation expense, net of forfeitures, for all stock-based awards totaled $ 21 million , $ 17 million , and $ 22 million , respectively, during 2018, 2017, and 2016. The total income tax benefit recognized for stock-based compensation was $ 6 million in 2018, $ 6 million in 2017, and $ 8 million in 2016. As of December 31, 2018, there was total unrecognized compensation expense of $ 15 million related to unvested restricted stock that is expected to be recognized over a weighted average period of 0.8 years. INCENTIVE UNITS SFH Incentive Units In the fourth quarter of 2015, certain executives of OMH surrendered a portion of their incentive units in SFH and certain additional executives of the Company received a grant of incentive units in SFH. These incentive units were intended to encourage the executives to create sustainable, long-term value for the Company by providing them with interests that are subject to their continued employment with the Company and 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 sale of OMH’s common stock by SFH in 2018, as described in Note 2 of the Notes to the Consolidated Financial Statements, certain of the specified thresholds were satisfied. In accordance with ASC Topic 710, Compensation-General , we recorded non-cash incentive compensation expense of $106 million related to the Apollo-Värde Transaction and $4 million related to the AIG Share Sale Transaction with a capital contribution offset. Under both of these transactions, the impacts to the Company were non-cash, equity neutral and not tax deductible. No expense was recognized for these awards during 2017 or 2016. As a result of the complete liquidation of OMH’s stock held by SFH through the 2018 transactions there are no further obtainable benefits under the SFH Incentive Units for these executives. See Note 2 of the Notes to the Consolidated Financial Statements in this report for further information regarding the Apollo-Värde and the AIG Share Sale Transactions.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information Our segments coincide with how our businesses are managed. At December 31, 2018 , our two segments included: • Consumer and Insurance — We originate and service personal loans and offer credit insurance products (life insurance, disability insurance, involuntary unemployment insurance, and collateral protection insurance) and non-credit insurance products through our branch network and our centralized operations. We also offer auto membership plans of an unaffiliated company. Our branch network conducts business in 44 states. Our centralized operations underwrite and process certain loan applications that we receive from our branch network or through an internet portal. If the applicant is located near an existing branch, our centralized operations make the credit decision regarding the application and then request, but do not require, the customer to visit a nearby branch for closing, funding and servicing. If the applicant is not located near a branch, our centralized operations originate the loan. • Acquisitions and Servicing — SFI services the SpringCastle Portfolio. These loans consist of unsecured loans and loans secured by subordinate residential real estate mortgages and include both closed-end accounts and open-end lines of credit. Unless SFI is terminated, SFI will continue to provide the servicing for these loans pursuant to a servicing agreement, which SFI services as unsecured loans because the liens are subordinated to superior ranking security interests. See Note 2 for information regarding the SpringCastle Interests Sale and the acquisition and disposition of the SpringCastle Portfolio. SMHC which sub-services the subordinate residential real estate mortgages a portion of the SpringCastle Portfolio through a wholly owned subsidiary, was contributed to SFC and SMHC became a wholly owned direct subsidiary of SFC. See Note 12 for further information about the contribution. The remaining components (which we refer to as “Other”) consist of our non-originating legacy operations, which include (i) our liquidating real estate loan portfolio as discussed below; (ii) our liquidating retail sales finance portfolio; (iii) our lending operations in Puerto Rico and the U.S. Virgin Islands; and (iv) the operations of the United Kingdom subsidiary, prior to its liquidation on August 16, 2016. The accounting policies of the segments are the same as those disclosed in Note 3 , except as described below. 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). We allocate revenues and expenses (on a Segment Accounting Basis) to each segment using the following methodologies: Interest income Directly correlated with a specific segment. Interest expense Acquisitions and Servicing - This segment includes interest expense specifically identified to the SpringCastle Portfolio. Consumer and Insurance and Other - The Company has securitization debt and unsecured debt. The Company first allocates interest expense to its segments based on actual expense for securitizations and secured term debt and using a weighted average for unsecured debt allocated to the segments. Interest expense for unsecured debt is recorded to each of the segments using a weighted average interest rate applied to allocated average unsecured debt. Total average unsecured debt is allocated as follows: l Other - at 100% of asset base. (Asset base represents the average net finance receivables including finance receivables held for sale); and l Consumer and Insurance - receives remainder of unallocated average debt. Provision for finance receivable losses Directly correlated with specific segment. Other revenues Directly correlated with a specific segment, except for: l Net gain (loss) on repurchases and repayments of debt - Allocated to each of the segments based on the interest expense allocation of debt. l Gains and losses on foreign currency exchange - Allocated to each of the segments based on the interest expense allocation of debt. Acquisition-related transaction and integration expenses Consists of: (i) acquisition-related transaction and integration costs related to the OneMain Acquisition and the Lendmark Sale, including legal and other professional fees, which we primarily report in Other, as these are costs related to acquiring the business as opposed to operating the business; (ii) software termination costs, which are allocated to Consumer and Insurance; and (iii) incentive compensation incurred above and beyond expected cost from acquiring and retaining talent in relation to the OneMain Acquisition, which are allocated to each of the segments based on services provided. Other expenses Salaries and benefits - Directly correlated with a specific segment. Other salaries and benefits not directly correlated with a specific segment are allocated to each of the segments based on services provided. Other operating expenses - Directly correlated with a specific segment. Other operating expenses not directly correlated with a specific segment are allocated to each of the segments based on services provided. Insurance policy benefits and claims - Directly correlated with a specific segment. The “Segment to GAAP Adjustment” column in the following tables primarily consists of: • Interest income - reverses the impact of premiums/discounts on purchased finance receivables and the interest income recognition under guidance in ASC 310-20, Nonrefundable Fees and Other Costs , and ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality , and reestablishes interest income recognition on a historical cost basis; • Interest expense - reverses the impact of premiums/discounts on acquired long-term debt and reestablishes interest expense recognition on a historical cost basis; • Provision for finance receivable losses - reverses the impact of providing an allowance for finance receivable losses upon acquisition and reestablishes the allowance on a historical cost basis and reverses the impact of recognition of net charge-offs on purchased credit impaired finance receivables and reestablishes the net charge-offs on a historical cost basis; • Other revenues - reestablishes the historical cost basis of mark-to-market adjustments on finance receivables held for sale and on realized gains/losses associated with our investment portfolio; • Acquisition-related transaction and integration expenses - reestablishes the amortization of purchased software assets on a historical cost basis; • Other expenses - reestablishes expenses on a historical cost basis by reversing the impact of amortization from acquired intangible assets and including amortization of other historical deferred costs; and • Assets - revalues assets based on their fair values at the effective date of the OneMain Acquisition and the Fortress Acquisition. The following tables present information about the Company’s segments, as well as reconciliations to the consolidated financial statement amounts. (dollars in millions) Consumer and Insurance Acquisitions and Servicing Other Segment to GAAP Adjustment Consolidated Total At or for the Year Ended December 31, 2018 Interest income $ 3,667 $ — $ 17 $ (36 ) $ 3,648 Interest expense 845 — 17 14 876 Provision for finance receivable losses 1,042 — (5 ) 6 1,043 Net interest income after provision for finance receivable losses 1,780 — 5 (56 ) 1,729 Other revenues (a) 495 3 10 52 560 Acquisition-related transaction and integration expenses 47 — — 7 54 Other expenses 1,441 8 122 21 1,592 Income (loss) before income tax expense (benefit) $ 787 $ (5 ) $ (107 ) $ (32 ) $ 643 Assets (b) $ 17,885 $ — $ 357 $ 2,067 $ 20,309 At or for the Year Ended December 31, 2017 Interest income $ 3,296 $ — $ 23 $ (132 ) $ 3,187 Interest expense 765 — 21 30 816 Provision for finance receivable losses 955 — 7 (15 ) 947 Net interest income (loss) after provision for finance receivable losses 1,576 — (5 ) (147 ) 1,424 Other revenues (a) 549 — 23 (32 ) 540 Acquisition-related transaction and integration expenses 66 — 6 (3 ) 69 Other expenses 1,458 2 11 29 1,500 Income (loss) before income tax expense (benefit) $ 601 $ (2 ) $ 1 $ (205 ) $ 395 Assets (b) $ 16,793 $ — $ 680 $ 2,172 $ 19,645 At or for the Year Ended December 31, 2016 Interest income $ 3,314 $ 102 $ 51 $ (371 ) $ 3,096 Interest expense 738 20 43 55 856 Provision for finance receivables losses 908 14 6 1 929 Net interest income (loss) after provision for finance receivable losses 1,668 68 2 (427 ) 1,311 Net gain on sale of SpringCastle interests — 167 — — 167 Other revenues (a) 609 — (16 ) (6 ) 587 Acquisition related transaction and integration expenses 100 1 27 (20 ) 108 Other expenses 1,461 16 29 54 1,560 Income before income taxes 716 218 (70 ) (467 ) 397 Income before income taxes attributable to non-controlling interests — 28 — — 28 Income (loss) before income tax expense (benefit) attributable to Springleaf Finance Corporation $ 716 $ 190 $ (70 ) $ (467 ) $ 369 Assets (b) $ 15,783 $ — $ 590 $ 1,967 $ 18,340 (a) Other revenues reported in “Other” primarily includes interest income on the SFC’s note receivable from SFI. See Note 12 for further information on the notes receivable from parent. Other revenue in “Other” includes the gain on the December 2018 Real Estate Loan Sale as well as the impairment adjustment on the remaining loans in held for sale in 2018. (b) Assets reported in “Other” primarily includes notes receivable from parent discussed above. See Note 12 for further information on the note receivable from parent.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value of a financial instrument is the amount that would be expected to be received if an asset were to be sold or the amount that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The degree of judgment used in measuring the fair value of financial instruments generally correlates with the level of pricing observability. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments traded in other-than-active markets or that do not have quoted prices have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. An other-than-active market is one in which there are few transactions, the prices are not current, price quotations vary substantially either over time or among market makers, or little information is released publicly for the asset or liability being valued. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is listed on an exchange or traded over-the-counter or is new to the market and not yet established, the characteristics specific to the transaction, and general market conditions. See Note 3 for a discussion of the accounting policies related to fair value measurements, which includes the valuation process and the inputs used to develop our fair value measurements. 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 December 31, 2018 Assets Cash and cash equivalents $ 602 $ 61 $ — $ 663 $ 663 Investment securities 34 1,655 5 1,694 1,694 Net finance receivables, less allowance for finance receivable losses — — 16,692 16,692 15,396 Finance receivables held for sale — — 103 103 103 Notes receivable from parent — 260 — 260 260 Restricted cash and restricted cash equivalents 499 — — 499 499 Other assets (a) — 19 15 34 34 Liabilities Long-term debt $ — $ 15,041 $ — $ 15,041 $ 15,178 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 — 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 at December 31, 2018 and December 31, 2017 include receivables from parent and affiliates and miscellaneous receivables related to our liquidating loan portfolios. Total carrying value of receivables from parent and affiliates totaled $18 million at December 31, 2018 and $4 million at December 31, 2017 . (b) Consists of payables to parent and affiliates. See Note 12 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 * December 31, 2018 Assets Cash equivalents in mutual funds $ 415 $ — $ — $ 415 Cash equivalents in securities — 61 — 61 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 21 — 21 Obligations of states, municipalities, and political subdivisions — 90 — 90 Certificates of deposit and commercial paper — 63 — 63 Non-U.S. government and government sponsored entities — 143 — 143 Corporate debt — 995 2 997 RMBS — 128 — 128 CMBS — 71 — 71 CDO/ABS — 93 1 94 Total available-for-sale securities — 1,604 3 1,607 Other securities Bonds: Non-U.S. government and government sponsored entities — 1 — 1 Corporate debt — 42 1 43 RMBS — 1 — 1 CDO/ABS — 1 — 1 Total bonds — 45 1 46 Preferred stock 13 6 — 19 Common stock 21 — — 21 Other long-term investments — — 1 1 Total other securities 34 51 2 87 Total investment securities 34 1,655 5 1,694 Restricted cash in mutual funds 482 — — 482 Total $ 931 $ 1,716 $ 5 $ 2,652 * Due to the insignificant activity within the Level 3 assets during 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. FAIR VALUE MEASUREMENTS — NON-RECURRING BASIS We measure the fair value of certain assets on a non-recurring basis when events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Assets measured at fair value on a non-recurring basis on which we recorded impairment charges were as follows: Fair Value Measurements Using * Impairment Charges (dollars in millions) Level 1 Level 2 Level 3 Total At or for the Year Ended December 31, 2018 Assets Finance receivables held for sale $ — $ — $ 103 $ 103 $ 16 Real estate owned — — 6 6 3 At or for the Year Ended December 31, 2017 Assets Real estate owned $ — $ — $ 6 $ 6 $ 3 * The fair value information presented in the table is as of the date the fair value adjustment was recorded. We wrote down finance receivables held for sale to their fair value during 2018 and recorded the write downs in other revenues. We wrote down certain real estate owned reported in our Other segment to their fair value less cost to sell during 2017 and recorded the write downs in other revenues. See Notes 2 and 7 regarding the impairment loss recorded on the December 2018 Real Estate Loan Sale. The fair values of real estate owned disclosed in the table above are unadjusted for transaction costs as required by the authoritative guidance for fair value measurements. The amounts of real estate owned recorded in other assets are net of transaction costs as required by the authoritative guidance for accounting for the impairment of long-lived assets. The inputs and quantitative data used in our Level 3 valuations for our real estate owned are unobservable primarily due to the unique nature of specific real estate assets. Therefore, we used independent third party providers, familiar with local markets, to determine the values used for fair value disclosures without adjustment. Quantitative information about Level 3 inputs for our assets measured at fair value on a non-recurring basis at December 31, 2018 and 2017 was as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input December 31, 2018 December 31, 2017 Finance receivables held for sale Income approach Market value for similar type loan transactions to obtain a price point * * Real estate owned Market approach third party valuation * * * We applied the third party exception which allows us to omit certain quantitative disclosures about unobservable inputs for the assets measured at fair value on a non-recurring basis included in the table above. As a result, the weighted average ranges of the inputs for these assets are not applicable. FAIR VALUE MEASUREMENTS — VALUATION METHODOLOGIES AND ASSUMPTIONS We use the following methods and assumptions to estimate fair value. Cash and Cash Equivalents The carrying amount of cash and cash equivalents, including cash and certain cash equivalents, approximates fair value. Mutual Funds The fair value of mutual funds is based on quoted market prices of the underlying shares held in the mutual funds. Investment Securities We utilize third party valuation service providers to measure the fair value of our investment securities, which are classified as available-for-sale or other and consist primarily of bonds. Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure investment securities at fair value. We generally obtain market price data from exchange or dealer markets. We estimate the fair value of fixed maturity investment securities not traded in active markets by referring to traded securities with similar attributes, using dealer quotations and a matrix pricing methodology, or discounted cash flow analyses. This methodology considers such factors as the issuer’s industry, the security’s rating and tenor, its coupon rate, its position in the capital structure of the issuer, yield curves, credit curves, composite ratings, bid-ask spreads, prepayment rates and other relevant factors. For fixed maturity investment securities that are not traded in active markets or that are subject to transfer restrictions, we adjust the valuations to reflect illiquidity and/or non-transferability. Such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. We elect the fair value option for investment securities that are deemed to incorporate an embedded derivative and for which it is impracticable for us to isolate and/or value the derivative. The fair value of certain investment securities is based on the amortized cost, which is assumed to approximate fair value. Finance Receivables The fair value of net finance receivables, less allowance for finance receivable losses, for both non-impaired and purchased credit impaired finance receivables, is determined using discounted cash flow methodologies. The application of these methodologies requires us to make certain judgments and estimates based on our perception of market participant views related to the economic and competitive environment, the characteristics of our finance receivables, and other similar factors. The most significant judgments and estimates made relate to prepayment speeds, default rates, loss severity, and discount rates. The degree of judgment and estimation applied is significant in light of the current capital markets and, more broadly, economic environments. Therefore, the fair value of our finance receivables could not be determined with precision and may not be realized in an actual sale. Additionally, there may be inherent limitations in the valuation methodologies we employed, and changes in the underlying assumptions used could significantly affect the results of current or future values. Finance Receivables Held for Sale We determined the fair value of finance receivables held for sale that were originated as held for investment based on negotiations with prospective purchasers (if any) or by using projected cash flows discounted at the weighted-average interest rates offered by us in the market for similar finance receivables. We based cash flows on contractual payment terms adjusted for estimates of prepayments and credit related losses. Restricted Cash and Restricted Cash Equivalents The carrying amount of restricted cash and restricted cash equivalents approximates fair value. Notes Receivable from Parent The carrying amount of the notes receivable from parent approximates the fair value because the notes are payable on a demand basis prior to their due dates and the interest rates on these notes adjust with changing market interest rates. Real Estate Owned We initially base our estimate of the fair value on independent third party valuations at the time we take title to real estate owned. Subsequent changes in fair value are based upon independent third party valuations obtained periodically to estimate a price that would be received in a then current transaction to sell the asset. Escrow Advance Receivable The carrying amount of escrow advance receivable approximates fair value. Receivables from Parent and Affiliates The carrying amount of receivables from parent and affiliates approximates fair value. Long-term Debt We either receive fair value measurements of our long-term debt from market participants and pricing services or we estimate the fair values of long-term debt using projected cash flows discounted at each balance sheet date’s market-observable implicit-credit spread rates for our long-term debt. We record at fair value long-term debt issuances that are deemed to incorporate an embedded derivative and for which it is impracticable for us to isolate and/or value the derivative. At December 31, 2018 , we had no debt carried at fair value under the fair value option. We estimate the fair values associated with variable rate revolving lines of credit to be equal to par. Payables to Parent and Affiliates The fair value of payable to parent and affiliates approximates the carrying value due to its short-term nature.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On February 11, 2019, OMH declared an initial quarterly dividend of $ 0.25 per share, payable on March 15, 2019 to record holders of OMH’s common stock as of the close of business on February 26, 2019. To provide funding for the OMH dividend, on February 11, 2019, the SFC board of directors authorized a dividend in the amount of up to $36 million payable on or after March 11, 2019 to its sole shareholder, SFI. Concurrently on February 11, 2019, the SFI board of directors authorized a dividend in the amount of up to $36 million payable on or after March 11, 2019 to its sole shareholder, OMH.

Selected Quarterly Financial Da

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Data (Unaudited)	Selected Quarterly Financial Data (Unaudited) Our selected quarterly financial data for 2018 was as follows: (dollars in millions) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 956 $ 930 $ 902 $ 860 Interest expense 228 228 220 200 Provision for finance receivable losses 277 254 259 253 Other revenues 151 140 138 131 Other expenses 384 389 506 367 Income before income taxes 218 199 55 171 Income taxes 51 47 43 41 Net income $ 167 $ 152 $ 12 $ 130 Note: Year-to-Date may not sum due to rounding. Our selected quarterly financial data for 2017 was as follows: (dollars in millions) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 853 $ 806 $ 772 $ 756 Interest expense 204 207 203 202 Provision for finance receivable losses 229 242 233 243 Other revenues 139 149 117 135 Other expenses 382 401 386 400 Income before income taxes 177 105 67 46 Income taxes 161 44 20 18 Net income 16 61 47 28 Note: Year-to-Date may not sum due to rounding.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION We prepared our consolidated financial statements using GAAP. The statements include the accounts of OMH, its subsidiaries (all of which are wholly owned, except for certain indirect subsidiaries associated with a joint venture in which we owned a 47% equity interest prior to March 31, 2016), and 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 consolidated financial statements and disclosures of contingent assets and liabilities. In management’s opinion, the 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 reclassified certain items in prior periods of our consolidated financial statements.
Operating Segments	Operating Segments Our segments coincide with how our businesses are managed. At December 31, 2018 , our two segments include: • Consumer and Insurance; and • Acquisitions and Servicing. In connection with the OneMain Acquisition, we include OneMain’s operations in our Consumer and Insurance segment. The remaining components (which we refer to as “Other”) consist of our non-originating legacy operations, which include: (i) our liquidating real estate loans; (ii) our liquidating retail sales finance portfolio; (iii) our lending operations in Puerto Rico and the U.S. Virgin Islands; and (iv) the operations of the Springleaf United Kingdom subsidiary, prior to its liquidation on August 16, 2016.
Finance Receivables and Finance Receivable Revenue Recognition	Finance Receivables Generally, we classify finance receivables as held for investment based on management’s intent at the time of origination. We determine classification on a loan-by-loan basis. We classify finance receivables as held for investment due to our ability and intent to hold them until their contractual maturities. We carry finance receivables at amortized cost which includes accrued finance charges, net unamortized deferred origination costs and unamortized points and fees, unamortized net premiums and discounts on purchased finance receivables, and unamortized finance charges on precomputed receivables. We include the cash flows from finance receivables held for investment in the consolidated statements of cash flows as investing activities, except for collections of interest, which we include as cash flows from operating activities. We may finance certain insurance products offered to our customers as part of finance receivables. In such cases, the insurance premium is included as an operating cash inflow and the financing of the insurance premium is included as part of the finance receivable as an investing cash flow in the consolidated statements of cash flows. Finance Receivable Revenue Recognition We recognize finance charges as revenue on the accrual basis using the interest method, which we report in interest income. We amortize premiums or accrete discounts on finance receivables as an adjustment to finance charge income using the interest method and contractual cash flows. We defer the costs to originate certain finance receivables and the revenue from nonrefundable points and fees on loans and amortize them as an adjustment to finance charge income using the interest method. We stop accruing finance charges when four contractual payments become past due for personal loans. We reverse finance charge amounts previously accrued upon suspension of accrual of finance charges. For certain finance receivables that had a carrying value that included a purchase premium or discount, we stop accreting the premium or discount at the time we stop accruing finance charges. We do not reverse accretion of premium or discount that was previously recognized. We recognize the contractual interest portion of payments received on nonaccrual finance receivables as finance charges at the time of receipt. We resume the accrual of interest on a nonaccrual finance receivable when the past due status on the individual finance receivable improves to the point that the finance receivable no longer meets our policy for nonaccrual. At that time, we also resume accretion of any unamortized premium or discount resulting from a previous purchase premium or discount. We accrete the amount required to adjust the initial fair value of our purchased finance receivables to their contractual amounts over the life of the related finance receivable for non-credit impaired finance receivables and over the life of a pool of finance receivables for purchased credit impaired finance receivables as described in our policy for purchase credit impaired finance receivables.
Purchased Credit Impaired Finance Receivables	Purchased Credit Impaired Finance Receivables As part of each of our acquisitions, we identify a population of finance receivables for which it is determined that it is probable that we will be unable to collect all contractually required payments. The population of accounts identified generally consists of those finance receivables that are (i) 60 days or more past due at acquisition, (ii) which had been classified as TDR finance receivables as of the acquisition date, (iii) may have been previously modified, or (iv) had other indications of credit deterioration as of the acquisition date. We accrete the excess of the cash flows expected to be collected on the purchased credit impaired finance receivables over the discounted cash flows (the “accretable yield”) into interest income at a level rate of return over the expected lives of the underlying pools of the purchased credit impaired finance receivables. The underlying pools are based on finance receivables with common risk characteristics. We have established policies and procedures to update on a quarterly basis the amount of cash flows we expect to collect, which incorporates assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of then current market conditions. Probable decreases in expected finance receivable cash flows result in the recognition of impairment, which is recognized through the provision for finance receivable losses. Probable significant increases in expected cash flows to be collected would first reverse any previously recorded allowance for finance receivable losses; any remaining increases are recognized prospectively as adjustments to the respective pool’s yield. Our purchased credit impaired finance receivables remain in our purchased credit impaired pools until liquidation or write-off. We do not reclassify modified purchased credit impaired finance receivables as TDR finance receivables. We have additionally established policies and procedures related to maintaining the integrity of these pools. A finance receivable will not be removed from a pool unless we sell, foreclose, or otherwise receive assets in satisfaction of a particular finance receivable or a finance receivable is written-off. If a finance receivable is renewed and additional funds are lent and terms are adjusted to current market conditions, we consider this a new finance receivable and the previous finance receivable is removed from the pool. If the facts and circumstances indicate that a finance receivable should be removed from a pool, that finance receivable will be removed at its allocated carrying amount, and such removal will not affect the yield used to recognize accretable yield of the pool.
Troubled Debt Restructured Finance Receivables	Troubled Debt Restructured Finance Receivables We make modifications to our personal loans to assist borrowers who are experiencing financial difficulty, are in bankruptcy or are participating in a consumer credit counseling arrangement. We make modifications to our real estate loans to assist borrowers in avoiding foreclosure. When we modify a loan’s contractual terms for economic or other reasons related to the borrower’s financial difficulties and grant a concession that we would not otherwise consider, we classify that loan as a TDR finance receivable. We restructure finance receivables only if we believe the customer has the ability to pay under the restructured terms for the foreseeable future. We establish reserves on our TDR finance receivables by discounting the estimated cash flows associated with the respective receivables at the effective interest rate prior to the modification to the account and record any difference between the discounted cash flows and the carrying value as an allowance adjustment. We may modify the terms of existing accounts in certain circumstances, such as certain bankruptcy or other catastrophic situations or for economic or other reasons related to a borrower’s financial difficulties that justify modification. When we modify an account, we primarily use a combination of the following to reduce the borrower’s monthly payment: reduce interest rate, extend the term, capitalize past due interest or forgive principal or interest. Additionally, as part of the modification, we may require trial payments. If the account is delinquent at the time of modification, the account is brought current for delinquency reporting. Account modifications that are deemed to be a TDR finance receivable are measured for impairment. Account modifications that are not classified as a TDR finance receivable are measured for impairment in accordance with our policy for allowance for finance receivable losses. Finance charges for TDR finance receivables require the application of judgment. We recognize the contractual interest portion of payments received on nonaccrual finance receivables as finance charges at the time of receipt. TDR finance receivables that are placed on nonaccrual status remain on nonaccrual status until the past due status on the individual finance receivable improves to the point that the finance receivable no longer meets our policy for nonaccrual.
Allowance for Finance Receivable Losses	Allowance for Finance Receivable Losses We establish the allowance for finance receivable losses through the provision for finance receivable losses. We evaluate our finance receivable portfolio by finance receivable type. Our finance receivable types (personal loans, real estate loans, and retail sales finance) consist of a large number of relatively small, homogeneous accounts. We evaluate our finance receivable types for impairment as pools. None of our accounts are large enough to warrant individual evaluation for impairment. Management considers numerous internal and external factors in estimating probable incurred losses in our finance receivable portfolio, including the following: • prior finance receivable loss and delinquency experience; • underlying collateral • the composition of our finance receivable portfolio; and • current economic conditions, including the levels of unemployment and personal bankruptcies. We base the allowance for finance receivable losses primarily on historical loss experience using a roll rate-based model applied to our finance receivable portfolios. In our roll rate-based model, our finance receivable types are stratified by contractual delinquency stages (i.e., current, 1-29 days past due, 30-59 days past due, etc.) and projected forward in one-month increments using historical roll rates. In each month of the simulation, losses on our finance receivable types are captured, and the ending delinquency stratification serves as the beginning point of the next iteration. No new volume is assumed. This process is repeated until the number of iterations equals the loss emergence period (the interval of time between the event which causes a borrower to default on a finance receivable and our recording of the charge-off) for our finance receivable types. As delinquency is a primary input into our roll rate-based model, we inherently consider nonaccrual loans in our estimate of the allowance for finance receivable losses. Management exercises its judgment, based on quantitative analyses, qualitative factors, such as recent delinquency, underlying collateral, recoverability of collateral securing our finance receivables, other credit trends, and experience in the consumer finance industry, when determining the amount of the allowance for finance receivable losses. We adjust the amounts determined by the roll rate-based model for management’s estimate of the effects of model imprecision, any changes to underwriting criteria, portfolio seasoning, and current economic conditions, including levels of unemployment and personal bankruptcies. We charge or credit this adjustment to expense through the provision for finance receivable losses. We generally charge off to the allowance for finance receivable losses personal loans that are beyond seven payments past due. Generally, we start repossession of the titled personal property when the customer becomes two payments days past due and may charge-off prior to the account becoming seven payments past due. We infrequently extend the charge-off period for individual personal and real estate loan accounts when, in our opinion, such treatment is warranted and consistent with our credit risk policies. We may renew delinquent secured or unsecured personal loan accounts if the customer meets current underwriting criteria and it does not appear that the cause of past delinquency will affect the customer’s ability to repay the renewed loan. We subject all renewals to the same credit risk underwriting process as we would a new application for credit. For our personal loans, we may offer those customers whose accounts are in good standing the opportunity of a deferment, which extends the term of an account. We may extend this offer to customers when they are experiencing higher than normal personal expenses. Generally, this offer is not extended to customers who are delinquent. However, we may offer a deferment to a delinquent customer who is experiencing a temporary financial problem. The account must be current after granting the deferment. To evaluate whether a borrower’s financial difficulties are temporary or other than temporary we review the terms of each deferment to ensure that the borrower has the financial ability to repay the outstanding principal and associated interest in full following the deferment and after the customer is brought current. If, following this analysis, we believe a borrower’s financial difficulties are other than temporary, we will not grant deferment, and the loans may continue to age until they are charged off. We generally limit a customer to two deferments in a rolling twelve month period unless we determine that an exception is warranted and is consistent with our credit risk policies. Additionally, for borrowers that do not meet the qualifications of a deferment, we may also offer a cure agreement, settlement or a loan modification. Accounts that are granted a deferment are not classified as troubled debt restructurings. We do not consider deferments granted as a troubled debt restructuring because the customer is not experiencing an other than temporary financial difficulty, and we are not granting a concession to the customer or the concession granted is immaterial to the contractual cash flows. We pool accounts that have been granted a deferment together with accounts that have not been granted a deferment for measuring impairment in accordance with the authoritative guidance for the accounting for contingencies. The allowance for finance receivable losses related to our purchased credit impaired finance receivables is calculated using updated cash flows expected to be collected, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of current market conditions. Probable decreases in expected finance receivable cash flows result in the recognition of impairment. Probable and significant increases in expected cash flows to be collected would first reverse any previously recorded allowance for finance receivable losses. We also establish reserves for TDR finance receivables, which are included in our allowance for finance receivable losses. The allowance for finance receivable losses related to our TDR finance receivables represents loan-specific reserves based on an analysis of the present value of expected future cash flows. We establish our allowance for finance receivable losses related to our TDR finance receivables by calculating the present value (discounted at the loan’s effective interest rate prior to modification) of all expected cash flows less the recorded investment in the aggregated pool. We use certain assumptions to estimate the expected cash flows from our TDR finance receivables. The primary assumptions to estimate these expected cash flows are prepayment speeds, default rates, and severity rates.
Finance Receivables Held for Sale	Finance Receivables Held for Sale Depending on market conditions or certain of management’s capital sourcing strategies, which may impact our ability and/or intent to hold our finance receivables until maturity or for the foreseeable future, we may decide to sell finance receivables originally intended for investment. Our ability to hold finance receivables for the foreseeable future is subject to a number of factors, including economic and liquidity conditions, and therefore may change. As of each reporting period, management determines our ability to hold finance receivables for the foreseeable future based on assumptions for liquidity requirements or other strategic goals. When it is probable that management’s intent or ability is to no longer hold finance receivables for the foreseeable future and we subsequently decide to sell specifically identified finance receivables that were originally classified as held for investment, the net finance receivables, less allowance for finance receivable losses, are reclassified as finance receivables held for sale and are carried at the lower of cost or fair value. Any amount by which cost exceeds fair value is accounted for as a valuation allowance and is recognized in other revenues in the consolidated statements of operations. We base the fair value estimates on negotiations with prospective purchasers (if any) or by using a discounted cash flows approach. We base cash flows on contractual payment terms adjusted for estimates of prepayments and credit related losses. Cash flows resulting from the sale of the finance receivables that were originally classified as held for investment are recorded as an investing activity in the consolidated statements of cash flows. When sold, we record the sales price we receive less our carrying value of these finance receivables held for sale in other revenues. When it is determined that management no longer intends to sell finance receivables which had previously been classified as finance receivables held for sale and we have the ability to hold the finance receivables for the foreseeable future, we reclassify the finance receivables to finance receivables held for investment at the lower of cost or fair value and we accrete any fair value adjustment over the remaining life of the related finance receivables.
Reserve for Sales Recourse Obligations	Reserve for Sales Recourse Obligations When we sell finance receivables, we may establish a reserve for sales recourse in other liabilities, which represents our estimate of losses to be: (a) incurred by us on the repurchase of certain finance receivables that we previously sold; and (b) incurred by us for the indemnification of losses incurred by purchasers. Certain sale contracts include provisions requiring us to repurchase a finance receivable or indemnify the purchaser for losses it sustains with respect to a finance receivable if a borrower fails to make initial loan payments to the purchaser or if the accompanying real estate loan breaches certain customary representations and warranties. These representations and warranties are made to the purchaser with respect to various characteristics of the finance receivable, such as the manner of origination, the nature and extent of underwriting standards applied, the types of documentation being provided, and, in limited instances, reaching certain defined delinquency limits. Although the representations and warranties are typically in place for the life of the finance receivable, we believe that most repurchase requests occur within the first five years of the sale of a finance receivable. In addition, an investor may request that we refund a portion of the premium paid on the sale of real estate loans if a loan is prepaid within a certain amount of time from the date of sale. At the time of sale (exclusive of finance receivables included in our on-balance sheet securitizations), we record a provision for recourse obligations for estimated repurchases, loss indemnification and premium recapture on finance receivables sold, which is charged to other revenues. Any subsequent adjustments resulting from changes in estimated recourse exposure are recorded in other revenues.
Goodwill	Goodwill Goodwill represents the amount of purchase price over the fair value of net assets we acquired in connection with the OneMain Acquisition. We test goodwill for potential impairment annually as of October 1 of each year and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of our reporting unit below its carrying amount. We first complete a qualitative assessment to determine whether it is necessary to perform a quantitative impairment test. If the qualitative assessment indicates that it is more likely than not that the reporting unit’s fair value is less than its carrying amount, we proceed with the quantitative impairment test. When necessary, the fair value of the reporting unit is calculated using the income approach based upon prospective financial information of the reporting unit discounted at a rate we estimate a market participant would use.
Intangible Assets other than Goodwill	Intangible Assets other than Goodwill At the time we initially recognize intangible assets, a determination is made with regard to each asset as it relates to its useful life. We have determined that each of our intangible assets has a finite useful life with the exception of the OneMain trade name, insurance licenses, lending licenses and certain domain names, which we have determined to have indefinite lives. For intangible assets with a finite useful life, we review for impairment at least annually and whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. Impairment is indicated if the sum of undiscounted estimated future cash flows is less than the carrying value of the respective asset. Impairment is permanently recognized by writing down the asset to the extent that the carrying value exceeds the estimated fair value. The VOBA is the PVFP of purchased insurance contracts. The PVFP is dynamically amortized over the lifetime of the block of business and is subject to premium deficiency testing in accordance with Accounting Standards Codification (“ASC”) Topic 944, Financial Services — Insurance . For indefinite lived intangible assets, we first complete an annual qualitative assessment to determine whether it is necessary to perform a quantitative impairment test. If the qualitative assessment indicates that the assets are more likely than not to have been impaired, we proceed with the fair value calculation of the assets. The fair value is determined in accordance with our fair value measurement policy. If the fair value is less than the carrying value, an impairment loss will be recognized in an amount equal to the difference and the indefinite life classification will be evaluated to determine whether such classification remains appropriate.
Insurance Premiums	Insurance Premiums We recognize revenue for short-duration contracts over the related contract period. Short-duration contracts primarily include credit life, credit disability, credit involuntary unemployment insurance, and collateral protection policies. We defer single premium credit insurance premiums from affiliates in unearned premium reserves which we include as a reduction to net finance receivables. We recognize unearned premiums on credit life, credit disability, credit involuntary unemployment insurance and collateral protection insurance as revenue using the sum-of-the-digits, straight-line or other appropriate methods over the terms of the policies. Premiums from reinsurance assumed are earned over the related contract period. We recognize revenue on long-duration contracts when due from policyholders. Long-duration contracts include term life, accidental death and dismemberment, and disability income protection. For single premium long-duration contracts a liability is accrued, that represents the present value of estimated future policy benefits to be paid to or on behalf of policyholders and related expenses, when premium revenue is recognized. The effects of changes in such estimated future policy benefit reserves are classified in insurance policy benefits and claims in the consolidated statements of operations. We recognize commissions on ancillary products as other revenue when earned. We may finance certain insurance products offered to our customers as part of finance receivables. In such cases, unearned premiums and certain unpaid claim liabilities related to our borrowers are netted and classified as contra-assets in the net finance receivables in the consolidated balance sheets, and the insurance premium is included as an operating cash inflow and the financing of the insurance premium is included as part of the finance receivable as an investing cash flow in the consolidated statements of cash flows.
Policy and Claim Reserves	Policy and Claim Reserves Policy reserves for credit life, credit disability, credit involuntary unemployment, and collateral protection insurance equal related unearned premiums. Reserves for losses and loss adjustment expenses are based on claims experience, actual claims reported, and estimates of claims incurred but not reported. Assumptions utilized in determining appropriate reserves are based on historical experience, adjusted to provide for possible adverse deviation. These estimates are periodically reviewed and compared with actual experience and industry standards, and revised if it is determined that future experience will differ substantially from that previously assumed. Since reserves are based on estimates, the ultimate liability may be more or less than such reserves. The effects of changes in such estimated reserves are classified in insurance policy benefits and claims in the consolidated statements of operations in the period in which the estimates are changed. We accrue liabilities for future life insurance policy benefits associated with non-credit life contracts and base the amounts on assumptions as to investment yields, mortality, and surrenders. We base annuity reserves on assumptions as to investment yields and mortality. Ceded insurance reserves are included in other assets and include estimates of the amounts expected to be recovered from reinsurers on insurance claims and policyholder liabilities.
Insurance Policy Acquisition Costs	Insurance Policy Acquisition Costs We defer insurance policy acquisition costs (primarily commissions, reinsurance fees, and premium taxes). We include deferred policy acquisition costs in other assets and amortize these costs over the terms of the related policies, whether directly written or reinsured.
Investment Securities	Investment Securities We generally classify our investment securities as available-for-sale or other, depending on management’s intent. Our investment securities classified as available-for-sale are recorded at fair value. We adjust related balance sheet accounts to reflect the current fair value of investment securities and record the adjustment, net of tax, in accumulated other comprehensive income or loss in shareholders’ equity. We record interest receivable on investment securities in other assets. Under the fair value option, we may elect to measure at fair value, financial assets that are not otherwise required to be carried at fair value. We elect the fair value option for available-for-sale securities that are deemed to incorporate an embedded derivative and for which it is impracticable for us to isolate and/or value the derivative. We recognize any changes in fair value in investment revenues. We classify our investment securities in the fair value hierarchy framework based on the observability of inputs. Inputs to the valuation techniques are described as being either observable (Level 1 or 2) or unobservable (Level 3) assumptions (as further described in “Fair Value Measurements” below) that market participants would use in pricing an asset or liability.
Impairments on Investment Securities	Impairments on Investment Securities Available-for-sale. We evaluate our available-for-sale securities on an individual basis to identify any instances where the fair value of the investment security is below its amortized cost. For these securities, we then evaluate whether an other-than-temporary impairment exists if any of the following conditions are present: • we intend to sell the security; • it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis; or • we do not expect to recover the security’s entire amortized cost basis (even if we do not intend to sell the security). If we intend to sell an impaired investment security or we will likely be required to sell the security before recovery of its amortized cost basis less any current period credit loss, we recognize an other-than-temporary impairment in investment revenues equal to the difference between the investment security’s amortized cost and its fair value at the balance sheet date. In determining whether a credit loss exists, we compare our best estimate of the present value of the cash flows expected to be collected from the security to the amortized cost basis of the security. Any shortfall in this comparison represents a credit loss. The cash flows expected to be collected are determined by assessing all available information, including length and severity of unrealized loss, issuer default rate, ratings changes and adverse conditions related to the industry sector, financial condition of issuer, credit enhancements, collateral default rates, and other relevant criteria. Management considers factors such as our investment strategy, liquidity requirements, overall business plans, and recovery periods for securities in previous periods of broad market declines. If a credit loss exists with respect to an investment in a security (i.e., we do not expect to recover the entire amortized cost basis of the security), we would be unable to assert that we will recover our amortized cost basis even if we do not intend to sell the security. Therefore, in these situations, an other-than-temporary impairment is considered to have occurred. If a credit loss exists, but we do not intend to sell the security and we will likely not be required to sell the security before recovery of its amortized cost basis less any current period credit loss, the impairment is classified as: (i) the estimated amount relating to credit loss; and (ii) the amount relating to all other factors. We recognize the estimated credit loss in investment revenues, and the non-credit loss amount in accumulated other comprehensive income or loss. Once a credit loss is recognized, we adjust the investment security to a new amortized cost basis equal to the previous amortized cost basis less the credit losses recognized in investment revenues. For investment securities for which other-than-temporary impairments were recognized in investment revenues, the difference between the new amortized cost basis and the cash flows expected to be collected is accreted to investment income. We recognize subsequent increases and decreases in the fair value of our available-for-sale securities in accumulated other comprehensive income or loss, unless the decrease is considered other than temporary.
Investment Revenue Recognition	Investment Revenue Recognition We recognize interest on interest bearing fixed-maturity investment securities as revenue on the accrual basis. We amortize any premiums or accrete any discounts as a revenue adjustment using the interest method. We stop accruing interest revenue when the collection of interest becomes uncertain. We record dividends on equity securities as revenue on ex-dividend dates. We recognize income on mortgage-backed and asset-backed securities as revenue using an effective yield based on estimated prepayments of the underlying collateral. If actual prepayments differ from estimated prepayments, we calculate a new effective yield and adjust the net investment in the security accordingly. We record the adjustment, along with all investment securities revenue, in investment revenues. We specifically identify realized gains and losses on investment securities and include them in investment revenues.
Acquisition-related Transaction and Integration Expenses	Acquisition-related Transaction and Integration Expenses In connection with the OneMain Acquisition, we incur acquisition-related transaction and integration costs, including (i) compensation and employee benefit costs, such as retention awards and severance costs, (ii) accelerated amortization of acquired software assets, (iii) rebranding to the OneMain brand, (iv) branch infrastructure and other fixed asset integration costs, (v) information technology costs, such as internal platform development, software upgrades and licenses, and technology termination costs, (vi) legal fees and project management costs, (vii) system conversions, including human capital management, marketing, risk, and finance functions, and (viii) other costs and fees directly related to the OneMain Acquisition and integration.
Variable Interest Entities	Variable Interest Entities An entity is a VIE if the entity does not have sufficient equity at risk for the entity to finance its activities without additional financial support or has equity investors who lack the characteristics of a controlling financial interest. A VIE is consolidated into the financial statements of its primary beneficiary. When we have a variable interest in a VIE, we qualitatively assess whether we have a controlling financial interest in the entity and, if so, whether we are the primary beneficiary. In applying the qualitative assessment to identify the primary beneficiary of a VIE, we are determined to have a controlling financial interest if we have (i) the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. We consider the VIE’s purpose and design, including the risks that the entity was designed to create and pass through to its variable interest holders. We continually reassess the VIE’s primary beneficiary and whether we have acquired or divested the power to direct the activities of the VIE through changes in governing documents or other circumstances.
Other Invested Assets	Other Invested Assets Commercial real estate loans and insurance policy loans are part of our investment portfolio and we include them in other assets at amortized cost. We recognize interest on commercial real estate loans and insurance policy loans as revenue on the accrual basis using the interest method. We stop accruing revenue when collection of interest becomes uncertain. We include other invested asset revenue in investment revenues. We record accrued other invested asset revenue receivable in other assets.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider unrestricted cash on hand and short-term investments having maturity dates within three months of their date of acquisition to be cash and cash equivalents. We typically maintain cash in financial institutions in excess of the Federal Deposit Insurance Corporation’s insurance limits. We evaluate the creditworthiness of these financial institutions in determining the risk associated with these cash balances. We do not believe that the Company is exposed to any significant credit risk on these accounts and have not experienced any losses in such accounts.
Restricted Cash and Cash Equivalents	Restricted Cash and Cash Equivalents We include funds to be used for future debt payments relating to our securitization transactions and escrow deposits in restricted cash and cash equivalents.
Long-term Debt	Long-term Debt We generally report our long-term debt issuances at the face value of the debt instrument, which we adjust for any unaccreted discount, unamortized premium, or unamortized debt issuance costs associated with the debt. Other than securitized products, we generally accrete discounts, premiums, and debt issuance costs over the contractual life of the security using contractual payment terms. With respect to securitized products, we have elected to amortize deferred costs over the contractual life of the security. Accretion of discounts and premiums are recorded to interest expense.
Income Taxes	Income Taxes We recognize income taxes using the asset and liability method. We establish deferred tax assets and liabilities for temporary differences between the financial reporting basis and the tax basis of assets and liabilities, using the tax rates expected to be in effect when the temporary differences reverse. Deferred tax assets are also recognized for tax attributes such as net operating loss carryforwards. Realization of our gross deferred tax asset depends on our ability to generate sufficient taxable income of the appropriate character within the carryforward periods of the jurisdictions in which the net operating and capital losses, deductible temporary differences and credits were generated. When we assess our ability to realize deferred tax assets, we consider all available evidence and we record valuation allowances to reduce deferred tax assets to the amounts that management conclude are more-likely-than-not to be realized. We recognize income tax benefits associated with uncertain tax positions, when, in our judgment, it is more likely than not that the position will be sustained upon examination by a taxing authority. For a tax position that meets the more likely than not recognition threshold, we initially and subsequently measure the tax benefit as the largest amount that we judge to have a greater than 50% likelihood of being realized upon ultimate settlement with the taxing authority.
Benefit Plans	Benefit Plans We have funded and unfunded noncontributory defined pension plans. We recognize the net pension asset or liability, also referred to herein as the funded status of the benefit plans, in other assets or other liabilities, depending on the funded status at the end of each reporting period. We recognize the net actuarial gains or losses and prior service cost or credit that arise during the period in other comprehensive income or loss. Many of our employees are participants in our 401(k) plan. Our contributions to the plan are charged to salaries and benefits within operating expenses.
Share-based Compensation Plans	Share-based Compensation Plans We measure compensation cost for service-based and performance-based awards at estimated fair value and recognize compensation expense over the requisite service period for awards expected to vest. The estimation of awards that will ultimately vest requires judgment, and to the extent actual results or updated estimates differ from current estimates, such amounts will be recorded as a cumulative adjustment to salaries and benefits in the period estimates are revised. For service-based awards subject to graded vesting, expense is recognized under the straight-line method. Expense for performance-based awards with graded vesting is recognized under the accelerated method, whereby each vesting is treated as a separate award with expense for each vesting recognized ratably over the requisite service period.
Fair Value Measurements	Fair Value Measurements Management is responsible for the determination of the fair value of our financial assets and financial liabilities and the supporting methodologies and assumptions. We employ widely accepted internal valuation models or utilize third party valuation service providers to gather, analyze, and interpret market information and derive fair values based upon relevant methodologies and assumptions for individual instruments or pools of finance receivables. When our valuation service providers are unable to obtain sufficient market observable information upon which to estimate the fair value for a particular security, we determine fair value either by requesting brokers who are knowledgeable about these securities to provide a quote, which is generally non-binding, or by employing widely accepted internal valuation models. Our valuation process typically requires obtaining data about market transactions and other key valuation model inputs from internal or external sources and, through the use of widely accepted valuation models, provides a single fair value measurement for individual securities or pools of finance receivables. The inputs used in this process include, but are not limited to, market prices from recently completed transactions and transactions of comparable securities, interest rate yield curves, credit spreads, bid-ask spreads, currency rates, and other market-observable information as of the measurement date as well as the specific attributes of the security being valued, including its term, interest rate, credit rating, industry sector, and other issue or issuer-specific information. When market transactions or other market observable data is limited, the extent to which judgment is applied in determining fair value is greatly increased. We assess the reasonableness of individual security values received from our valuation service providers through various analytical techniques. As part of our internal price reviews, assets that fall outside a price change tolerance are sent to our third party investment manager for further review. In addition, we may validate the reasonableness of fair values by comparing information obtained from our valuation service providers to other third party valuation sources for selected securities. We measure and classify assets and liabilities in the consolidated balance sheets in a hierarchy for disclosure purposes consisting of three “Levels” based on the observability of inputs available in the market place used to measure the fair values. In general, we determine the fair value measurements classified as Level 1 based on inputs utilizing quoted prices in active markets for identical assets or liabilities that we have the ability to access. We generally obtain market price data from exchange or dealer markets. We do not adjust the quoted price for such instruments. We determine the fair value measurements classified as Level 2 based on inputs utilizing other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. The use of observable and unobservable inputs is further discussed in Note 24 . In certain cases, the inputs we use to measure the fair value of an asset may fall into different levels of the fair value hierarchy. In such cases, we determine the level in the fair value hierarchy within which the fair value measurement in its entirety falls based on the lowest level input that is significant to the fair value measurement in its entirety. Our assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. Our fair value processes include controls that are designed to ensure that fair values are appropriate. Such controls include model validation, review of key model inputs, analysis of period-over-period fluctuations, and reviews by senior management.
Foreign Currency Translation	Foreign Currency Translation Assets and liabilities of foreign operations are translated from their functional currencies into U.S. dollars for reporting purposes using the period end spot foreign exchange rate. Revenues and expenses of foreign operations are translated monthly from their respective functional currencies into U.S. dollars at amounts that approximate weighted average exchange rates. The effects of those translation adjustments are classified in Accumulated other comprehensive income (loss) on the Consolidated Balance Sheets.
Accounting Pronouncements Recently Adopted and 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 this ASU and its amendments 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. In August of 2017, the FASB issued ASU 2017-12, Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities , which improves the financial reporting of hedging relationships to better represent the economic results of an entity’s risk management activities in its financial statements and make certain improvements to simplify the application of the hedge accounting guidance. The amendments in this ASU will make more financial and nonfinancial hedging strategies eligible for hedge accounting, amend the presentation and disclosure requirements and change how entities assess effectiveness. Entities are required to apply the amendments of this ASU as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The amendments in this ASU will become effective for fiscal years beginning January 1, 2019. We elected to early adopt during the fourth quarter of 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 leases primarily consist of leased office space, automobiles and information technology equipment. We completed the implementation of a new leasing system that will allow us to account for these leases in accordance with the new guidance. We have elected the option to adopt the standard on the date of initial application as opposed to the modified retrospective approach. Upon our adoption of this ASU on January 1, 2019, we expect to record a $183 million right-of-use asset in Other Assets and a $183 million lease liability in Other Liabilities. Allowance for Finance Receivable 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 over their expected lives 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 ongoing 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 and 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 in accordance with our model governance policies. After the model has been subject to a parallel testing phase in 2019, the Company will provide further disclosure regarding the estimated impact on our allowance for finance receivable 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, an increase to deferred tax assets and a corresponding one-time cumulative reduction to retained earnings, net of tax, in the consolidated balance sheet as of the beginning of the year of adoption. Insurance In August of 2018, the FASB issued ASU 2018-12, Financial Services - Insurance: Targeted Improvements to the Accounting for Long-Duration Contracts , which provides targeted improvements to Topic 944 for the assumptions used to measure the liability for future policy benefits for nonparticipating traditional and limited-payment contracts; measurement of market risk benefits; amortization of deferred acquisition costs; and enhanced disclosures. The amendments in this ASU become effective for fiscal years beginning January 1, 2021. We have established a cross-functional implementation team and a project plan to ensure we comply with all the amendments in this ASU at the time of adoption. We are currently evaluating the potential impact of the adoption of the ASU on our consolidated financial statements. We do not believe that any other accounting pronouncements issued during 2018 , but not yet effective, would have a material impact on our consolidated financial statements or disclosures, if adopted.

Significant Transactions (Table

Significant Transactions (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Schedule of revised condensed consolidated financial statements	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, except par value amount) 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 20) Shareholder’s equity: Common stock 5 — — 5 Additional paid-in capital 799 1,110 — 1,909 Accumulated other comprehensive income (loss) — 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 The following table presents the Company’s previously reported Consolidated Statements of Operations for the years ended December 31, 2017 and 2016 retrospectively recast for the contribution of Independence: (dollars in millions) 2017 As Reported Consolidated Year to Date SFC Independence Adjustments SFC Interest income: Finance charges $ 1,228 $ 1,946 $ — $ 3,174 Finance receivables held for sale originated as held for investment 13 — — 13 Total interest income 1,241 1,946 — 3,187 Interest expense 517 531 (232 ) 816 Net interest income 724 1,415 232 2,371 Provision for finance receivable losses 324 623 — 947 Net interest income after provision for finance receivable losses 400 792 232 1,424 Other revenues: Insurance 140 280 — 420 Investment 28 45 — 73 Interest income on notes receivable from parent and affiliates 255 — (232 ) 23 Net loss on repurchases and repayments of debt (28 ) (1 ) — (29 ) Other 12 69 (28 ) 53 Total other revenues 407 393 (260 ) 540 Other expenses: Operating expenses: Salaries and benefits 307 442 (20 ) 729 Acquisition-related transaction and integration expenses — — 69 69 Other operating expenses 251 413 (77 ) 587 Insurance policy benefits and claims 56 128 — 184 Total other expenses 614 983 (28 ) 1,569 Income before income tax expense 193 202 — 395 Income tax expense 99 144 — 243 Net income 94 58 — 152 Net income attributable to non-controlling interests — — — — Net income attributable to Springleaf Finance Corporation $ 94 $ 58 $ — $ 152 (dollars in millions) 2016 As Reported Consolidated Year to Date SFC Independence Adjustments SFC Interest income: Finance charges $ 1,276 $ 1,746 $ — $ 3,022 Finance receivables held for sale originated as held for investment 74 — — 74 Total interest income 1,350 1,746 — 3,096 Interest expense 556 502 (202 ) 856 Net interest income 794 1,244 202 2,240 Provision for finance receivable losses 329 600 — 929 Net interest income after provision for finance receivable losses 465 644 202 1,311 Other revenues: Insurance 160 289 — 449 Investment 31 55 — 86 Interest income on notes receivable from parent and affiliates 214 7 (202 ) 19 Net loss on repurchases and repayments of debt (17 ) — — (17 ) Net gain on sale of SpringCastle interests 167 — — 167 Net gain on sales of personal and real estate loans and related trust assets 18 — — 18 Other 1 31 — 32 Total other revenues 574 382 (202 ) 754 Other expenses: Operating expenses: Salaries and benefits 347 427 (51 ) 723 Acquisition-related transaction and integration expenses — — 108 108 Other operating expenses 291 436 (57 ) 670 Insurance policy benefits and claims 55 112 — 167 Total other expenses 693 975 — 1,668 Income before income tax expense 346 51 — 397 Income tax expense 113 14 — 127 Net income 233 37 — 270 Net income attributable to non-controlling interests 28 — — 28 Net income attributable to Springleaf Finance Corporation $ 205 $ 37 $ — $ 242 The following table presents the Company’s previously reported Consolidated Statements of Cash Flows for the years ended December 31, 2017 and 2016 retrospectively recast for the contribution of Independence: 2017 (dollars in millions) As Reported Independence Adjustments Consolidated Cash flows from operating activities Net income $ 94 $ 58 $ — $ 152 Reconciling adjustments: Provision for finance receivable losses 324 623 — 947 Depreciation and amortization 143 174 — 317 Deferred income tax benefit (82 ) 125 — 43 Net loss on repurchases and repayments of debt 28 1 — 29 Share-based compensation expense, net of forfeitures — 5 — 5 Other 1 (6 ) — (5 ) Cash flows due to changes in: Other assets and other liabilities 107 68 — 175 Insurance claims and policyholder liabilities (92 ) 70 — (22 ) Taxes receivable and payable 13 30 — 43 Accrued interest and finance charges (95 ) 54 4 (37 ) Other, net (3 ) 3 — — Net cash provided by operating activities 438 1,205 4 1,647 Cash flows from investing activities Net principal originations of finance receivables held for investment and held for sale (783 ) (1,484 ) — (2,267 ) Cash advances on intercompany notes receivable (1,837 ) — 1,482 (355 ) Proceeds from repayments of principal and assignment of intercompany notes receivable 1,154 — (905 ) 249 Available-for-sale securities purchased (245 ) (431 ) 5 (671 ) Available-for-sale securities called, sold, and matured 301 438 — 739 Trading and other securities called, sold, and matured 1 17 — 18 Proceeds from sale of real estate owned 4 — — 4 Other, net 12 (9 ) — 3 Net cash provided by (used for) financing activities (1,393 ) (1,469 ) 582 (2,280 ) Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 3,456 1,971 — 5,427 Repayments of long-term debt (2,544 ) (1,898 ) (5 ) (4,447 ) Proceeds from intercompany note payable — 1,486 (1,486 ) — Payments on intercompany note payable — (905 ) 905 — Withholding tax on vested RSUs and PRSUs (1 ) (1 ) — (2 ) Cash dividend of SFMC (10 ) — — (10 ) Net cash provided by (used for) financing activities 901 653 (586 ) 968 Consolidated Statements of Cash Flows (Continued) 2017 (dollars in millions) As Reported SFC Independence Adjustments Consolidated SFC Net change in cash and cash equivalents and restricted cash and restricted cash equivalents (54 ) 389 — 335 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 $ 413 $ 1,043 $ — $ 1,456 Supplemental cash flow information Cash and cash equivalents $ 244 $ 714 $ — $ 958 Restricted cash and restricted cash equivalents 169 329 — 498 Total cash and cash equivalents and restricted cash and restricted cash equivalents $ 413 $ 1,043 $ — $ 1,456 Interest paid $ (436 ) $ (310 ) $ — $ (746 ) Income taxes received (paid) (71 ) (83 ) — (154 ) Supplemental non-cash activities Transfer of finance receivables to real estate owned $ 9 $ — $ — $ 9 Net unsettled investment security purchases — 1 — $ 1 Non-cash dividend of SFMC (28 ) — — (28 ) 2016 (dollars in millions) As Reported SFC Independence Adjustments Consolidated SFC Cash flows from operating activities Net income $ 233 $ 37 $ — $ 270 Reconciling adjustments: Provision for finance receivable losses 329 600 — 929 Depreciation and amortization 144 366 — 510 Deferred income tax benefit (83 ) (22 ) — (105 ) Net gain on liquidation of United Kingdom subsidiary (4 ) — — (4 ) Net gain on sales of personal and real estate loans and related trust assets (18 ) — — (18 ) Net loss on repurchases and repayments of debt 17 — — 17 Share-based compensation expense, net of forfeitures 1 7 — 8 Net gain on sale of SpringCastle interests (167 ) — — (167 ) Other 6 (15 ) — (9 ) Cash flows due to changes in: Other assets and other liabilities (37 ) (152 ) — (189 ) Insurance claims and policyholder liabilities (19 ) (45 ) — (64 ) Taxes receivable and payable 56 (94 ) — (38 ) Accrued interest and finance charges 14 1 — 15 Other, net 3 — — 3 Net cash provided by operating activities 475 683 — 1,158 Cash flows from investing activities Net principal originations of finance receivables held for investment and held for sale (557 ) (598 ) — (1,155 ) Proceeds on sales of finance receivables held for sale originated as held for investment 930 — — 930 Proceeds from sale of SpringCastle interests, net of restricted cash released 26 — — 26 Cash advances on intercompany notes receivable (1,042 ) (670 ) 1,415 (297 ) Proceeds from repayments of principal and assignment of intercompany notes receivable 1,023 670 (1,292 ) 401 Cash received from CitiFinancial Credit Company — 23 — 23 Available-for-sale securities purchased (353 ) (399 ) 6 (746 ) Trading and other securities purchased (10 ) (7 ) — (17 ) Available-for-sale securities called, sold, and matured 380 457 — 837 Trading and other securities called, sold, and matured 20 43 — 63 Proceeds from sale of real estate owned 8 — — 8 Other, net 26 (36 ) — (10 ) Net cash provided by (used for) investing activities 451 (517 ) 129 63 Consolidated Statements of Cash Flows (Continued) 2016 (dollars in millions) As Reported SFC Independence Adjustments Consolidated SFC Cash flows from financing activities Proceeds from issuance of long-term debt, net of commissions 3,854 2,806 — 6,660 Proceeds from intercompany note payable 670 1,415 (2,085 ) — Repayments of long-term debt (4,920 ) (3,394 ) (6 ) (8,320 ) Distributions to joint venture partners (18 ) — — (18 ) Payments on note payable to affiliate (670 ) (1,292 ) 1,962 — Withholding tax on vested RSUs and PRSUs (1 ) — — (1 ) Capital contributions from parent 10 — — 10 Net cash provided by (used for) financing activities (1,075 ) (465 ) (129 ) (1,669 ) Net change in cash and cash equivalents and restricted cash and restricted cash equivalents (149 ) (299 ) — (448 ) Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period 616 953 — 1,569 Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period $ 467 $ 654 $ — $ 1,121 Supplemental cash flow information Cash and cash equivalents $ 240 $ 313 $ — $ 553 Restricted cash and restricted cash equivalents 227 341 — 568 Total cash and cash equivalents and restricted cash and restricted cash equivalents $ 467 $ 654 $ — $ 1,121 Interest paid $ (451 ) $ (314 ) $ — $ (765 ) Income taxes received (paid) (140 ) (129 ) — (269 ) Supplemental non-cash activities Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses) $ 1,945 $ — $ — $ 1,945 Increase in finance receivables held for investment financed with intercompany payable 89 — — 89 Transfer of finance receivables to real estate owned 8 — — 8 Net unsettled investment security purchases — 1 — 1

Finance Receivables (Tables)

Finance Receivables (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of components of net finance receivables by type	Components of net finance receivables held for investment by type were as follows: (dollars in millions) Personal Other Receivables Total December 31, 2018 Gross receivables (a)(b) $ 15,936 $ — $ 15,936 Unearned points and fees (200 ) — (200 ) Accrued finance charges 253 — 253 Deferred origination costs 133 — 133 Total $ 16,122 $ — $ 16,122 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.
Schedule of largest concentrations of net finance receivables	The largest concentrations of net finance receivables were as follows: December 31, 2018 2017 * (dollars in millions) Amount Percent Amount Percent Texas $ 1,444 9 % $ 1,300 9 % North Carolina 1,177 7 1,155 8 California 989 6 876 6 Pennsylvania 945 6 882 6 Florida 830 5 674 5 Ohio 791 5 726 5 Illinois 700 4 667 4 Indiana 653 4 608 4 Virginia 651 4 641 4 Georgia 650 4 618 4 Tennessee 547 3 520 3 Other 6,745 43 6,242 42 Total $ 16,122 100 % $ 14,909 100 % * December 31, 2017 concentrations of net finance receivables are presented in the order of December 31, 2018 state concentrations.
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 December 31, 2018 Performing Current $ 15,373 $ — $ 15,373 30-59 days past due 228 — 228 60-89 days past due 160 — 160 Total performing 15,761 — 15,761 Nonperforming 90-179 days past due 353 — 353 180 days or more past due 8 — 8 Total nonperforming 361 — 361 Total $ 16,122 $ — $ 16,122 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 purchased credit impaired finance receivables held for investment and held for sale	Information regarding our purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) December 31, 2018 2017 OM Loans Carrying amount, net of allowance $ 89 $ 176 Outstanding balance (a) 135 243 Allowance for purchased credit impaired finance receivable losses — 6 FA Loans (b) Carrying amount, net of allowance $ 28 $ 57 Outstanding balance (a) 48 94 Allowance for purchased credit impaired finance receivable losses — 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) December 31, 2018 2017 Carrying amount $ 28 $ 44 Outstanding balance 48 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) December 31, 2018 2017 Carrying amount $ 28 $ 44 Outstanding balance 48 72
Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale	Changes in accretable yield for purchased credit impaired finance receivables held for investment and held for sale were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 OM Loans Balance at beginning of period $ 47 $ 59 $ 151 Accretion (a) (27 ) (34 ) (69 ) Other (b) — — (23 ) Reclassifications from (to) nonaccretable difference (c) 19 22 — Balance at end of period $ 39 $ 47 $ 59 SCP Loans Balance at beginning of period $ — $ — $ 375 Accretion (a) — — (16 ) Transfer due to finance receivables sold — — (359 ) Balance at end of period $ — $ — $ — FA Loans Balance at beginning of period $ 53 $ 60 $ 66 Accretion (a) (4 ) (5 ) (7 ) Reclassifications from (to) nonaccretable difference (c) — (2 ) 12 Transfer due to finance receivables sold (22 ) — (11 ) Balance at end of period $ 27 $ 53 $ 60 (a) Accretion on our purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Accretion $ 4 $ 4 $ 5 (b) Other reflects a measurement period adjustment in the first quarter of 2016 based on a change in the expected cash flows in the purchase credit impaired portfolio related to the OneMain Acquisition. The measurement period adjustment created a decrease of $ 23 million to the beginning balance of the OM Loans accretable yield. (c) Reclassifications from (to) nonaccretable difference represents the increases (decreases) in accretable yield resulting from higher (lower) estimated undiscounted cash flows.
Schedule of accretion on our purchased credit impaired FA Loans held for sale	Accretion on our purchased credit impaired FA Loans held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Accretion $ 4 $ 4 $ 5
Schedule of information regarding TDR finance receivables	Information regarding TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans Other Receivables (a) Total December 31, 2018 TDR gross finance receivables (b) $ 449 $ 89 $ 538 TDR net finance receivables 452 75 527 Allowance for TDR finance receivable losses 169 — 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) December 31, 2018 2017 TDR gross finance receivables $ 89 $ 90 TDR net finance receivables 75 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) December 31, 2018 2017 TDR gross finance receivables $ 89 $ 90 TDR net finance receivables 75 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 (a) Other Receivables (b) Total Year Ended December 31, 2018 TDR average net receivables $ 382 $ 130 $ 512 TDR finance charges recognized 45 7 52 Year Ended December 31, 2017 TDR average net receivables $ 230 $ 140 $ 370 TDR finance charges recognized 33 9 42 Year Ended December 31, 2016 TDR average net receivables $ 95 $ 175 $ 270 TDR finance charges recognized 12 11 23 (a) TDR personal loans held for sale included in the table above were immaterial. (b) Other Receivables held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 TDR average net receivables $ 98 $ 91 $ 102 TDR finance charges recognized 5 6 6
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: (dollars in millions) Years Ended December 31, 2018 2017 2016 TDR average net receivables $ 98 $ 91 $ 102 TDR finance charges recognized 5 6 6
Schedule of new volume of the TDR finance receivables held for investment and held for sale	Information regarding the new volume of the TDR finance receivables held for investment and held for sale were as follows: (dollars in millions) Personal Loans (a) SpringCastle Portfolio Other Receivables (b) Total Year Ended December 31, 2018 Pre-modification TDR net finance receivables $ 375 $ — $ 3 $ 378 Post-modification TDR net finance receivables: Rate reduction $ 288 $ — $ 3 $ 291 Other (c) 87 — — 87 Total post-modification TDR net finance receivables $ 375 $ — $ 3 $ 378 Number of TDR accounts 56,938 — 70 57,008 Year Ended December 31, 2017 Pre-modification TDR net finance receivables $ 326 $ — $ 16 $ 342 Post-modification TDR net finance receivables: Rate reduction $ 250 $ — $ 16 $ 266 Other (c) 74 — — 74 Total post-modification TDR net finance receivables $ 324 $ — $ 16 $ 340 Number of TDR accounts 45,300 — 510 45,810 Year Ended December 31, 2016 Pre-modification TDR net finance receivables $ 211 $ 1 $ 16 $ 228 Post-modification TDR net finance receivables: Rate reduction $ 194 $ 1 $ 16 $ 211 Other (c) 12 — 1 13 Total post-modification TDR net finance receivables $ 206 $ 1 $ 17 $ 224 Number of TDR accounts 29,395 157 364 29,916 (a) TDR personal loans held for sale included in the table above were immaterial. (b) “Other” loans held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Pre-modification TDR net finance receivables $ 2 $ 6 $ 5 Post-modification TDR net finance receivables $ 2 $ 7 $ 5 Number of TDR accounts 44 232 122 (c) “Other” modifications primarily include forgiveness of principal or interest.
Net finance receivables that were modified as TDR finance receivables defaulted within the previous 12 months nonperforming	Net finance receivables held for investment and held for sale that were modified as TDR finance receivables within the previous 12 months and for which there was a default during the period to cause the TDR finance receivables to be considered nonperforming (90 days or more past due) were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Personal Loans TDR net finance receivables (a) $ 64 $ 88 $ 24 Number of TDR accounts 9,660 14,935 3,684 SpringCastle Portfolio TDR net finance receivables (a) (b) $ — $ — $ — Number of TDR accounts — — 19 Other Receivables TDR net finance receivables (a) (c) $ 1 $ 4 $ 3 Number of TDR accounts 43 101 61 (a) Represents the corresponding balance of TDR net finance receivables at the end of the month in which they defaulted. (b) TDR SpringCastle Portfolio loans for the year ended December 31, 2016 that defaulted during the previous 12-month period were less than $ 1 million and, therefore, are not quantified in the combined table above. (c) TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Other Receivables TDR net finance receivables $ 1 $ 2 $ 2 Number of TDR accounts 30 53 30
TDR finance receivables held for sale subsequently defaulted	TDR finance receivables held for sale included in the table above were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Other Receivables TDR net finance receivables $ 1 $ 2 $ 2 Number of TDR accounts 30 53 30

Allowance for Finance Receiva_2

Allowance for Finance Receivable Losses (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of changes in the allowance for finance receivable losses by finance receivable type	Changes in the allowance for finance receivable losses by finance receivable type were as follows: (dollars in millions) Personal SpringCastle Other Receivables Total Year Ended December 31, 2018 Balance at beginning of period $ 668 $ — $ 24 $ 692 Provision for finance receivable losses 1,045 — (2 ) 1,043 Charge-offs (1,095 ) — (2 ) (1,097 ) Recoveries 108 — 3 111 Other (a) — — (23 ) (23 ) Balance at end of period $ 726 $ — $ — $ 726 Year Ended December 31, 2017 Balance at beginning of period $ 666 $ — $ 20 $ 686 Provision for finance receivable losses 941 — 6 947 Charge-offs (1,041 ) — (6 ) (1,047 ) Recoveries 102 — 4 106 Balance at end of period $ 668 $ — $ 24 $ 692 Year Ended December 31, 2016 Balance at beginning of period $ 538 $ 4 $ 47 $ 589 Provision for finance receivable losses 906 14 9 929 Charge-offs (843 ) (17 ) (12 ) (872 ) Recoveries 65 3 6 74 Other (b) — (4 ) (30 ) (34 ) Balance at end of period $ 666 $ — $ 20 $ 686 (a) Other consists primarily of the reclassification of allowance for finance receivable losses due to the transfer of the real estate loans in Other Receivables from held for investment to finance receivables held for sale. See Note 5 included in this report for further information. (b) Other consists of: • the elimination of allowance for finance receivable losses due to the sale of the SpringCastle Portfolio on March 31, 2016, in connection with the sale of our equity interest in the SpringCastle Joint Venture; and • the elimination of allowance for finance receivable losses due to the transfers of real estate loans held for investment to finance receivables held for sale during 2016.
Schedule of allowance for finance receivable losses and net finance receivables by type and by impairment method	The allowance for finance receivable losses and net finance receivables by type and by impairment method were as follows: (dollars in millions) Personal Other Receivables Total December 31, 2018 Allowance for finance receivable losses: Collectively evaluated for impairment $ 557 $ — $ 557 Purchased credit impaired finance receivables — — — TDR finance receivables 169 — 169 Total $ 726 $ — $ 726 Finance receivables: Collectively evaluated for impairment $ 15,581 $ — $ 15,581 Purchased credit impaired finance receivables 89 — 89 TDR finance receivables 452 — 452 Total $ 16,122 $ — $ 16,122 Allowance for finance receivable losses as a percentage of finance receivables 4.50 % — % 4.50 % 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)	12 Months Ended
	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Schedule of 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 December 31, 2018 Fixed maturity available-for-sale securities: U.S. government and government sponsored entities $ 21 $ — $ — $ 21 Obligations of states, municipalities, and political subdivisions 91 — (1 ) 90 Certificates of deposit and commercial paper 63 — — 63 Non-U.S. government and government sponsored entities 145 — (2 ) 143 Corporate debt 1,027 2 (32 ) 997 Mortgage-backed, asset-backed, and collateralized: RMBS 130 — (2 ) 128 CMBS 72 — (1 ) 71 CDO/ABS 94 1 (1 ) 94 Total $ 1,643 $ 3 $ (39 ) $ 1,607 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 December 31, 2018 U.S. government and government sponsored entities $ 3 $ — $ 16 $ — $ 19 $ — Obligations of states, municipalities, and political subdivisions 10 — 57 (1 ) 67 (1 ) Non-U.S. government and government sponsored entities 19 (1 ) 97 (1 ) 116 (2 ) Corporate debt 377 (14 ) 448 (18 ) 825 (32 ) RMBS 23 — 78 (2 ) 101 (2 ) CMBS 10 — 54 (1 ) 64 (1 ) CDO/ABS 18 — 33 (1 ) 51 (1 ) Total $ 460 $ (15 ) $ 783 $ (24 ) $ 1,243 $ (39 ) 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 )
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 (losses) were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Proceeds from sales and redemptions $ 341 $ 508 $ 518 Realized gains $ 1 $ 15 $ 16 Realized losses (2 ) (1 ) (1 ) Net realized gains (losses) $ (1 ) $ 14 $ 15
Schedule of contractual maturities of fixed-maturity available-for-sale securities	Contractual maturities of fixed-maturity available-for-sale securities at December 31, 2018 were as follows: (dollars in millions) Fair Value Amortized Cost Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities: Due in 1 year or less $ 184 $ 184 Due after 1 year through 5 years 526 534 Due after 5 years through 10 years 410 421 Due after 10 years 194 208 Mortgage-backed, asset-backed, and collateralized securities 293 296 Total $ 1,607 $ 1,643
Schedule of fair value of other securities by type	The fair value of other securities by type was as follows: (dollars in millions) December 31, 2018 2017 Fixed maturity other securities: Bonds Non-U.S. government and government sponsored entities $ 1 $ 1 Corporate debt 43 68 Mortgage-backed, asset-backed, and collateralized bonds 2 5 Total bonds 46 74 Preferred stock (a) 19 20 Common stock (a) 21 23 Other long-term investments 1 1 Total (b) $ 87 $ 118 (a) The Company employs an income equity strategy targeting investments in stocks with strong current dividend yields. Stocks included have a history of stable or increasing dividend payments. (b) Excludes an immaterial interest in a limited partnership that we account for using the equity method and FHLB common stock of $1 million at December 31, 2017, which is classified as a restricted investment and carried at cost.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Gross carrying amount and accumulated amortization of finite-lived intangible assets	The gross carrying amount and accumulated amortization, in total and by major intangible asset class were as follows: (dollars in millions) Gross Carrying Amount Accumulated Amortization Net Other Intangible Assets December 31, 2018 Customer relationships $ 223 $ (126 ) $ 97 Trade names 220 — 220 VOBA 141 (99 ) 42 Licenses 28 — 28 Other 12 (12 ) — Total $ 624 $ (237 ) $ 387 December 31, 2017 Customer relationships $ 223 $ (92 ) $ 131 Trade names 220 — 220 VOBA 141 (90 ) 51 Licenses 37 — 37 Other 12 (12 ) — Total $ 633 $ (194 ) $ 439
Gross carrying amount of indefinite-lived intangible assets	The gross carrying amount and accumulated amortization, in total and by major intangible asset class were as follows: (dollars in millions) Gross Carrying Amount Accumulated Amortization Net Other Intangible Assets December 31, 2018 Customer relationships $ 223 $ (126 ) $ 97 Trade names 220 — 220 VOBA 141 (99 ) 42 Licenses 28 — 28 Other 12 (12 ) — Total $ 624 $ (237 ) $ 387 December 31, 2017 Customer relationships $ 223 $ (92 ) $ 131 Trade names 220 — 220 VOBA 141 (90 ) 51 Licenses 37 — 37 Other 12 (12 ) — Total $ 633 $ (194 ) $ 439
Estimated aggregate amortization of other intangible assets	The estimated aggregate amortization of other intangible assets for each of the next five years is reflected in the table below. (dollars in millions) Estimated Aggregate Amortization Expense 2019 $ 38 2020 38 2021 32 2022 3 2023 3

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of components of other assets	Components of other assets were as follows: (dollars in millions) December 31, 2018 2017 Fixed assets, net * $ 133 $ 67 Deferred tax assets 130 139 Prepaid expenses and deferred charges 121 89 Ceded insurance reserves 74 95 Receivables from parent and affiliates 18 4 Other investments 18 29 Current tax receivable 11 13 Cost basis investments 11 11 Other 31 34 Total $ 547 $ 481 * Fixed assets were net of accumulated depreciation of $234 million at December 31, 2018 and $120 million at December 31, 2017 .

Long-term Debt (Tables)

Long-term Debt (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Carrying value and fair value of long-term debt	Carrying value and fair value of long-term debt by type were as follows: December 31, 2018 December 31, 2017 (dollars in millions) Carrying Value Fair Value Carrying Value Fair Value Senior debt $ 15,006 $ 14,868 $ 14,878 $ 15,436 Junior subordinated debt 172 173 172 189 Total $ 15,178 $ 15,041 $ 15,050 $ 15,625 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 December 31, 2018 Assets Cash and cash equivalents $ 602 $ 61 $ — $ 663 $ 663 Investment securities 34 1,655 5 1,694 1,694 Net finance receivables, less allowance for finance receivable losses — — 16,692 16,692 15,396 Finance receivables held for sale — — 103 103 103 Notes receivable from parent — 260 — 260 260 Restricted cash and restricted cash equivalents 499 — — 499 499 Other assets (a) — 19 15 34 34 Liabilities Long-term debt $ — $ 15,041 $ — $ 15,041 $ 15,178 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 — 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 at December 31, 2018 and December 31, 2017 include receivables from parent and affiliates and miscellaneous receivables related to our liquidating loan portfolios. Total carrying value of receivables from parent and affiliates totaled $18 million at December 31, 2018 and $4 million at December 31, 2017 . (b) Consists of payables to parent and affiliates. See Note 12 for further information on our related party transactions.
Schedule of weighted average effective interest rates on long-term debt	Weighted average effective interest rates on long-term debt by type were as follows: Years Ended December 31, At December 31, 2018 2017 2016 2018 2017 Senior debt 5.64 % 5.73 % 5.60 % 5.89 % 5.56 % Junior subordinated debt 8.13 6.41 12.26 8.56 6.37 Total 5.66 5.74 5.67 5.92 5.57
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 December 31, 2018 were as follows: Senior Debt (dollars in millions) Securitizations Medium Junior Total Interest rates (a) 2.16% - 6.94% 5.25% - 8.25% 4.19 % 2019 — 686 — 686 2020 — 1,299 — 1,299 2021 — 646 — 646 2022 — 1,000 — 1,000 2023 — 1,175 — 1,175 2024-2067 — 2,849 350 3,199 Securitizations (b) 7,533 — — 7,533 Total principal maturities $ 7,533 $ 7,655 $ 350 $ 15,538 Total carrying amount $ 7,510 $ 7,496 $ 172 $ 15,178 Debt issuance costs (c) $ (23 ) $ (59 ) $ — $ (82 ) (a) The interest rates shown are the range of contractual rates in effect at December 31, 2018 . The interest rate on the remaining principal balance of the Junior Subordinated Debenture consists of a variable floating rate (determined quarterly) equal to 3-month LIBOR plus 1.75% , or 4.19% as of December 31, 2018 . (b) Securitizations have a stated maturity date but are not included in the above maturities by period due to their variable monthly repayments, which may result in pay-off prior to the stated maturity date. At December 31, 2018 , there were no amounts drawn under our revolving conduit facilities. See Note 14 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 $25 million at December 31, 2018 and are reported in other assets.
Schedule of guarantee 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 December 31, 2018 Outstanding Balance (dollars in millions) 7.125% SFC Notes 5/11/2018 SFC Sixth Supplemental Indenture 7.125% $ 1,600 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% 690

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Carrying amounts of consolidated VIE assets and liabilities	The carrying amounts of consolidated VIE assets and liabilities associated with our securitization trusts and revolving conduit facilities were as follows: (dollars in millions) December 31, 2018 2017 Assets Cash and cash equivalents $ 2 $ 4 Finance receivables: Personal loans 8,480 9,769 Allowance for finance receivable losses 444 465 Restricted cash and restricted cash equivalents 479 482 Other assets 26 20 Liabilities Long-term debt * $ 7,510 $ 8,688 Other liabilities 14 15 * At December 31, 2018, no amounts were drawn under our revolving conduit facilities.

Insurance (Tables)

Insurance (Tables)	12 Months Ended
	Dec. 31, 2018
Insurance [Abstract]
Components of unearned insurance premium reserves, claim reserves and benefit reserves	Components of unearned insurance premium reserves, claim reserves and benefit reserves were as follows: (dollars in millions) December 31, 2018 2017 Finance receivable related: Payable to OMH: Unearned premium reserves $ 583 $ 515 Claim reserves 79 75 Subtotal (a) 662 590 Payable to third party beneficiaries: Unearned premium reserves 100 99 Benefit reserves 106 103 Claim reserves 17 18 Subtotal (b) 223 220 Non-finance receivable related: Unearned premium reserves 77 81 Benefit reserves 364 375 Claim reserves 21 61 Subtotal (b) 462 517 Total $ 1,347 $ 1,327 (a) Reported as a contra-asset to net finance receivables. (b) Reported in insurance claims and policyholder liabilities.
Changes in the reserve for unpaid claims and loss adjustment expenses	Changes in the reserve for unpaid claims and loss adjustment expenses (not considering reinsurance recoverable): (dollars in millions) At or for the Years Ended December 31, 2018 2017 2016 Balance at beginning of period $ 154 $ 158 $ 177 Less reinsurance recoverables (23 ) (26 ) (26 ) Net balance at beginning of period 131 132 151 Additions for losses and loss adjustment expenses incurred to: Current year 199 188 203 Prior years * (10 ) 5 (20 ) Total 189 193 183 Reductions for losses and loss adjustment expenses paid related to: Current year (118 ) (115 ) (124 ) Prior years (69 ) (78 ) (78 ) Total (187 ) (193 ) (202 ) Foreign currency translation adjustment (1 ) (1 ) — Net balance at end of period 132 131 132 Plus reinsurance recoverables 4 23 26 Transfer of reserves (19 ) — — Balance at end of period $ 117 $ 154 $ 158 * Reflects (i) a redundancy in the prior years’ net reserves of $10 million at December 31, 2018 , primarily due to a favorable development of credit disability and unemployment claims during the year, (ii) a shortfall in the prior years’ net reserves of $5 million at December 31, 2017 , primarily due to an unfavorable development on previously disclosed property and casualty policies and an unfavorable development on certain assumed credit disability policies, and (iii) a redundancy in the prior years’ net reserves of $20 million at December 31, 2016 , primarily due to credit disability and credit involuntary unemployment claims developing more favorably than anticipated.
Incurred claims and allocated claim adjustment expenses, net of reinsurance	Incurred claims and allocated claim adjustment expenses, net of reinsurance, as of December 31, 2018 , were as follows: Years Ended December 31, At December 31, 2018 (dollars in millions) 2014 (a) 2015 (a) 2016 (a) 2017 (a) 2018 Incurred-but- not-reported Liabilities (b) Cumulative Number of Reported Claims Cumulative Frequency (c) Credit Insurance Accident Year 2014 $ 145 $ 132 $ 130 $ 131 $ 122 $ 1 51,257 2.7 % 2015 — 138 129 129 126 2 52,545 2.8 % 2016 — — 138 135 133 8 51,611 2.8 % 2017 — — — 136 129 19 44,161 2.4 % 2018 — — — — 145 64 34,882 1.8 % Total $ 655 (a) Unaudited. (b) Includes expected development on reported claims. (c) Frequency for each accident year is calculated as the ratio of all reported claims incurred to the total exposures in force. Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance, as of December 31, 2018 , were as follows: Years Ended December 31, (dollars in millions) 2014 * 2015 * 2016 * 2017* 2018 Credit Insurance Accident Year 2014 $ 65 $ 102 $ 113 $ 119 $ 121 2015 — 68 107 118 123 2016 — — 75 114 125 2017 — — — 77 110 2018 — — — — 82 Total $ 561 All outstanding liabilities before 2014, net of reinsurance — Liabilities for claims and claim adjustment expenses, net of reinsurance $ 94 * Unaudited. The reconciliations of the net incurred and paid claims development to the liability for claims and claim adjustment expenses were as follows: (dollars in millions) December 31, 2018 2017* 2016* Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance: Credit insurance $ 94 $ 90 $ 96 Other short-duration insurance lines 2 22 20 Total 96 112 116 Reinsurance recoverable on unpaid claims: Other short-duration insurance lines — 20 22 Insurance lines other than short-duration 21 22 20 Total gross liability for unpaid claims and claim adjustment expense $ 117 $ 154 $ 158 * Unaudited.
Average annual percentage payout of incurred claims by age, net of reinsurance	Our average annual percentage payout of incurred claims by age, net of reinsurance, as of December 31, 2018 , were as follows: Years 1 2 3 4 5 Credit insurance 56.1 % 28.9 % 8.7 % 4.6 % 1.8 %
Statutory net income (loss) for insurance companies by type of insurance	Statutory net income (loss) for our insurance companies by type of insurance was as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Property and casualty: Yosemite $ — $ 19 $ 11 Triton 18 31 14 Life and health: Merit $ 53 $ 37 $ 20 AHL 32 34 71
Statutory capital and surplus for insurance companies by type of insurance	Statutory capital and surplus for our insurance companies by type of insurance were as follows: (dollars in millions) December 31, 2018 2017 Property and casualty: Yosemite $ — $ 42 Triton 113 170 Life and health: Merit $ 94 $ 79 AHL 129 130

Other Liabilities (Tables)

Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Other Liabilities Disclosure [Abstract]
Schedule of components of other liabilities	Components of other liabilities were as follows: (dollars in millions) December 31, 2018 2017 Accrued interest on debt $ 123 $ 58 Accrued expenses and other liabilities 106 79 Salary and benefit liabilities 97 31 Retirement plans 14 5 Insurance liabilities 10 12 Loan principal warranty reserve 6 8 Payables to parent and affiliates * — 189 Other 27 28 Total $ 383 $ 410 * Due to the contribution of OGSC, we did not have payables to parent and affiliates at December 31, 2018. Payables to parent and affiliates at December 31, 2017 primarily consisted of payables to OGSC for services provided to SFC under its intercompany service agreements. See Note 12 for further information regarding SFC’s intercompany agreements and the contribution of OGSC.

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Schedule of par value and shares authorized	Par value and shares authorized at December 31, 2018 were as follows: Special Stock Common Stock Par value $ — $ 0.50 Shares authorized 25,000,000 25,000,000
Schedule of shares issued and outstanding	Shares issued and outstanding were as follows: Special Stock Common Stock December 31, 2018 2017 2018 2017 Shares issued and outstanding — — 10,160,021 10,160,021

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Schedule of changes in 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) Year Ended December 31, 2018 Balance at beginning of period $ 4 $ (1 ) $ 3 $ 6 Other comprehensive income (loss) before reclassifications (35 ) (5 ) (9 ) (49 ) Reclassification adjustments from accumulated other comprehensive income (loss) 1 — — 1 Impact of AOCI reclassification due to the Tax Act 2 (1 ) 2 3 Contribution of OGSC to SFC from SFI — 5 — 5 Balance at end of period $ (28 ) $ (2 ) $ (4 ) $ (34 ) Year Ended December 31, 2017 Balance at beginning of period $ (1 ) $ (4 ) $ (1 ) $ (6 ) Other comprehensive income before reclassifications 14 3 4 21 Reclassification adjustments from accumulated other comprehensive loss (9 ) — — (9 ) Balance at end of period $ 4 $ (1 ) $ 3 $ 6 Year Ended December 31, 2016 Balance at beginning of period $ (14 ) $ (19 ) $ — $ (33 ) Other comprehensive income before reclassifications 23 15 3 41 Reclassification adjustments from accumulated other comprehensive loss (10 ) — (4 ) (14 ) Balance at end of period $ (1 ) $ (4 ) $ (1 ) $ (6 )
Schedule of reclassification adjustments from accumulated other comprehensive income	Reclassification adjustments from accumulated other comprehensive income (loss) to the applicable line item on our consolidated statements of operations were as follows: (dollars in millions) Year Ended December 31, 2018 2017 2016 Unrealized gains (losses) on available-for-sale securities: Reclassification from accumulated other comprehensive income (loss) to investment revenues, before taxes $ (2 ) $ 14 $ 15 Income tax effect 1 (5 ) (5 ) Reclassification from accumulated other comprehensive income (loss) to investment revenues, net of taxes (1 ) $ 9 10 Unrealized gains on foreign currency translation adjustments: Reclassification from accumulated other comprehensive income (loss) to other revenues — — 4 Total $ (1 ) $ 9 $ 14

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Components of income before income tax expense	Components of income before income tax expense were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Income before income tax expense - U.S. operations $ 629 $ 380 $ 380 Income before income tax expense - foreign operations 14 15 17 Total $ 643 $ 395 $ 397
Components of income tax expense (benefit)	Components of income tax expense (benefit) were as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Current: Federal $ 138 $ 190 $ 210 Foreign 2 2 1 State 21 8 21 Total current 161 200 232 Deferred: Federal 11 34 (92 ) Foreign * — — 5 State 10 9 (18 ) Total deferred 21 43 (105 ) Total $ 182 $ 243 $ 127 * There were no deferred foreign income taxes during 2018 and were immaterial during 2017 and, therefore, are not quantified in the table above.
Reconciliations of the statutory federal income tax rate to the effective income tax rate	Reconciliations of the statutory federal income tax rate to the effective income tax rate were as follows: Years Ended December 31, 2018 2017 2016 Statutory federal income tax rate 21.00 % 35.00 % 35.00 % Nondeductible compensation 3.73 — — State income taxes, net of federal 3.68 2.63 0.48 Excess tax expense (benefit) on share-based compensation 0.02 0.33 (0.18 ) Return to provision adjustment — 0.81 0.26 Impact of Tax Act — 21.69 — Tax impact of United Kingdom subsidiary liquidation — — (0.54 ) Non-controlling interests — — (2.49 ) Other, net (0.08 ) 1.09 (0.66 ) Effective income tax rate 28.35 % 61.55 % 31.87 %
Reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits	A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits (all of which would affect the effective income tax rate if recognized) is as follows: (dollars in millions) Years Ended December 31, 2018 2017 2016 Balance at beginning of year $ 15 $ 16 $ 15 Increases in tax positions for current years — 1 2 Increases in tax positions for prior years 8 — — Lapse in statute of limitations (6 ) (2 ) (1 ) Balance at end of year $ 17 $ 15 $ 16
Components of deferred tax assets and liabilities	Components of deferred tax assets and liabilities were as follows: (dollars in millions) December 31, 2018 2017 Deferred tax assets: Allowance for loan losses $ 152 $ 146 State taxes, net of federal 60 65 Mark-to-market 35 55 Pension/employee benefits 20 5 Tax interest adjustment 15 14 Fair value of equity and securities investments 7 — Acquisition costs 5 6 Federal and foreign net operating losses and tax attributes 4 5 Insurance reserves 3 3 Legal and warranty reserve 2 2 Other intangibles 1 2 Other 13 1 Total 317 304 Deferred tax liabilities: Goodwill 61 41 Debt fair value adjustment 51 44 Deferred loan fees 17 14 Discount - debt exchange 8 11 Deferred insurance commissions 2 2 Fair value of equity and securities investments — 5 Other 7 6 Total 146 123 Net deferred tax assets before valuation allowance 171 181 Valuation allowance (41 ) (44 ) Net deferred tax assets $ 130 $ 137

Lease Commitments, Rent Expen_2

Lease Commitments, Rent Expense, and Contingent Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Annual rental commitments for operating leases	Annual rental commitments for leased office space, automobiles and information technology equipment accounted for as operating leases, excluding leases on a month-to-month basis, were as follows: (dollars in millions) Lease Commitments 2019 $ 60 2020 50 2021 37 2022 26 2023 12 2024+ 12 Total $ 197
Activity in reserve for sales recourse obligations	The activity in our reserve for sales recourse obligations was as follows: (dollars in millions) At or for the Years Ended December 31, 2018 2017 2016 Balance at beginning of period $ 8 $ 13 $ 15 Recourse losses — (1 ) — Provision for recourse obligations, net of recoveries * (2 ) (4 ) (2 ) Balance at end of period $ 6 $ 8 $ 13 * Reflects the elimination of the reserve associated with other prior sales of finance receivables.

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Funded status of the defined benefit pension plans	The following table presents the funded status of the defined benefit pension plans. The funded status of the plans is measured as the difference between the plan assets at fair value and the projected benefit obligation. (dollars in millions) Pension * At or for the Years Ended December 31, 2018 2017 2016 Projected benefit obligation, beginning of period $ 354 $ 385 $ 388 Interest cost 11 13 16 Actuarial loss (gain) (30 ) 17 (6 ) Benefits paid: Plan assets (15 ) (14 ) (13 ) Settlement — (47 ) — Projected benefit obligation, end of period 320 354 385 Fair value of plan assets, beginning of period 341 354 333 Actual return on plan assets, net of expenses (19 ) 47 33 Company contributions 1 1 1 Benefits paid: Plan assets (15 ) (14 ) (13 ) Settlement — (47 ) — Fair value of plan assets, end of period 308 341 354 Funded status, end of period $ (12 ) $ (13 ) $ (31 ) Other liabilities recognized in the consolidated balance sheet $ (12 ) $ (13 ) $ (31 ) Pretax net gain (loss) recognized in accumulated other comprehensive income or loss $ (3 ) $ 4 $ (7 ) * Includes non-qualified unfunded plans, for which the aggregate projected benefit obligation was $9 million at December 31, 2018 and $10 million at December 31, 2017 and 2016 .
Schedule of PBO and ABO exceeding fair value of plan assets	Defined benefit pension plan obligations in which the PBO was in excess of the related plan assets and the ABO was in excess of the related plan assets were as follows: (dollars in millions) PBO and ABO Exceeds December 31, 2018 2017 Projected benefit obligation $ 320 $ 354 Accumulated benefit obligation 320 354 Fair value of plan assets 308 341
Components of net periodic benefit cost	The following table presents the components of net periodic benefit cost recognized in income and other amounts recognized in accumulated other comprehensive income or loss with respect to the defined benefit pension plans: (dollars in millions) Pension Years Ended December 31, 2018 2017 2016 Components of net periodic benefit cost: Interest cost $ 11 $ 13 $ 16 Expected return on assets (18 ) (18 ) (17 ) Settlement gain — (2 ) — Net periodic benefit cost (7 ) (7 ) (1 ) Other changes in plan assets and projected benefit obligation recognized in other comprehensive income or loss: Net actuarial loss (gain) 7 (12 ) (22 ) Amortization of net actuarial gain (loss) — 2 — Total recognized in other comprehensive income or loss 7 (10 ) (22 ) Total recognized in net periodic benefit cost and other comprehensive income or loss $ — $ (17 ) $ (23 )
Summary of weighted average assumptions	The following table summarizes the weighted average assumptions used to determine the projected benefit obligations and the net periodic benefit costs: Pension December 31, 2018 2017 Projected benefit obligation: Discount rate 4.12 % 3.49 % Net periodic benefit costs: Discount rate 3.49 % 4.04 % Expected long-term rate of return on plan assets 5.27 % 5.28 %
Expected future benefit payments	The expected future benefit payments, net of participants’ contributions, of our defined benefit pension plans at December 31, 2018 are as follows: (dollars in millions) Pension 2019 $ 15 2020 15 2021 16 2022 16 2023 16 2024-2028 86
Information about plan assets measured at fair value	The following table presents information about our plan assets measured at fair value and indicates the fair value hierarchy based on the levels of inputs we utilized to determine such fair value: (dollars in millions) Level 1 Level 2 Level 3 Total December 31, 2018 Assets: Cash and cash equivalents $ 4 $ — $ — $ 4 Equity securities: U.S. (a) — 7 — 7 International (b) — 6 — 6 Fixed income securities: U.S. investment grade (c) — 287 — 287 U.S. high yield (d) — 4 — 4 Total $ 4 $ 304 $ — $ 308 December 31, 2017 Assets: Cash and cash equivalents $ 2 $ — $ — $ 2 Equity securities: U.S. (a) — 23 — 23 International (b) — 24 — 24 Fixed income securities: U.S. investment grade (c) — 281 — 281 U.S. high yield (d) — 11 — 11 Total $ 2 $ 339 $ — $ 341 (a) Includes index mutual funds that primarily track several indices including S&P 500 and S&P 600 in addition to other actively managed accounts, comprised of investments in small cap and large cap companies. (b) Includes investment mutual funds in companies in emerging and developed markets. (c) Includes investment mutual funds in U.S. and non-U.S. government issued bonds, U.S. government agency or sponsored agency bonds, and investment grade corporate bonds. (d) Includes investment mutual funds in securities or debt obligations that have a rating below investment grade.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of service-based stock activity	The following table summarizes the service-based stock activity and related information for the Omnibus Plan for 2018: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Term (in Years) Unvested as of January 1, 2018 1,141,610 $ 34.87 Granted 489,601 31.55 Vested (765,659 ) 30.56 Forfeited (170,960 ) 33.14 Unvested at December 31, 2018 694,592 37.70 1.58
Summary of performance-based stock activity	The following table summarizes the performance-based stock activity and related information for the Omnibus Plan for 2018: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Term (in Years) Unvested as of January 1, 2018 269,626 $ 26.14 Granted 13,420 24.98 Vested (126,497 ) 24.83 Forfeited (12,815 ) 34.84 Unvested at December 31, 2018 143,734 26.40 0.61

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of information about the Company's segments as well as reconciliations to consolidated financial statement amounts	The following tables present information about the Company’s segments, as well as reconciliations to the consolidated financial statement amounts. (dollars in millions) Consumer and Insurance Acquisitions and Servicing Other Segment to GAAP Adjustment Consolidated Total At or for the Year Ended December 31, 2018 Interest income $ 3,667 $ — $ 17 $ (36 ) $ 3,648 Interest expense 845 — 17 14 876 Provision for finance receivable losses 1,042 — (5 ) 6 1,043 Net interest income after provision for finance receivable losses 1,780 — 5 (56 ) 1,729 Other revenues (a) 495 3 10 52 560 Acquisition-related transaction and integration expenses 47 — — 7 54 Other expenses 1,441 8 122 21 1,592 Income (loss) before income tax expense (benefit) $ 787 $ (5 ) $ (107 ) $ (32 ) $ 643 Assets (b) $ 17,885 $ — $ 357 $ 2,067 $ 20,309 At or for the Year Ended December 31, 2017 Interest income $ 3,296 $ — $ 23 $ (132 ) $ 3,187 Interest expense 765 — 21 30 816 Provision for finance receivable losses 955 — 7 (15 ) 947 Net interest income (loss) after provision for finance receivable losses 1,576 — (5 ) (147 ) 1,424 Other revenues (a) 549 — 23 (32 ) 540 Acquisition-related transaction and integration expenses 66 — 6 (3 ) 69 Other expenses 1,458 2 11 29 1,500 Income (loss) before income tax expense (benefit) $ 601 $ (2 ) $ 1 $ (205 ) $ 395 Assets (b) $ 16,793 $ — $ 680 $ 2,172 $ 19,645 At or for the Year Ended December 31, 2016 Interest income $ 3,314 $ 102 $ 51 $ (371 ) $ 3,096 Interest expense 738 20 43 55 856 Provision for finance receivables losses 908 14 6 1 929 Net interest income (loss) after provision for finance receivable losses 1,668 68 2 (427 ) 1,311 Net gain on sale of SpringCastle interests — 167 — — 167 Other revenues (a) 609 — (16 ) (6 ) 587 Acquisition related transaction and integration expenses 100 1 27 (20 ) 108 Other expenses 1,461 16 29 54 1,560 Income before income taxes 716 218 (70 ) (467 ) 397 Income before income taxes attributable to non-controlling interests — 28 — — 28 Income (loss) before income tax expense (benefit) attributable to Springleaf Finance Corporation $ 716 $ 190 $ (70 ) $ (467 ) $ 369 Assets (b) $ 15,783 $ — $ 590 $ 1,967 $ 18,340 (a) Other revenues reported in “Other” primarily includes interest income on the SFC’s note receivable from SFI. See Note 12 for further information on the notes receivable from parent. Other revenue in “Other” includes the gain on the December 2018 Real Estate Loan Sale as well as the impairment adjustment on the remaining loans in held for sale in 2018. (b) Assets reported in “Other” primarily includes notes receivable from parent discussed above. See Note 12 for further information on the note receivable from parent.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of fair values and carrying values of financial instruments and fair value hierarchy based on the level of inputs utilized to determine such fair value	Carrying value and fair value of long-term debt by type were as follows: December 31, 2018 December 31, 2017 (dollars in millions) Carrying Value Fair Value Carrying Value Fair Value Senior debt $ 15,006 $ 14,868 $ 14,878 $ 15,436 Junior subordinated debt 172 173 172 189 Total $ 15,178 $ 15,041 $ 15,050 $ 15,625 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 December 31, 2018 Assets Cash and cash equivalents $ 602 $ 61 $ — $ 663 $ 663 Investment securities 34 1,655 5 1,694 1,694 Net finance receivables, less allowance for finance receivable losses — — 16,692 16,692 15,396 Finance receivables held for sale — — 103 103 103 Notes receivable from parent — 260 — 260 260 Restricted cash and restricted cash equivalents 499 — — 499 499 Other assets (a) — 19 15 34 34 Liabilities Long-term debt $ — $ 15,041 $ — $ 15,041 $ 15,178 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 — 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 at December 31, 2018 and December 31, 2017 include receivables from parent and affiliates and miscellaneous receivables related to our liquidating loan portfolios. Total carrying value of receivables from parent and affiliates totaled $18 million at December 31, 2018 and $4 million at December 31, 2017 . (b) Consists of payables to parent and affiliates. See Note 12 for further information on our related party transactions.
Schedule of assets and liabilities measured at fair value on a recurring basis	The following tables present information about our assets measured at fair value on a recurring basis and indicates the fair value hierarchy based on the levels of inputs we utilized to determine such fair value: Fair Value Measurements Using Total Carried At Fair Value (dollars in millions) Level 1 Level 2 Level 3 * December 31, 2018 Assets Cash equivalents in mutual funds $ 415 $ — $ — $ 415 Cash equivalents in securities — 61 — 61 Investment securities: Available-for-sale securities U.S. government and government sponsored entities — 21 — 21 Obligations of states, municipalities, and political subdivisions — 90 — 90 Certificates of deposit and commercial paper — 63 — 63 Non-U.S. government and government sponsored entities — 143 — 143 Corporate debt — 995 2 997 RMBS — 128 — 128 CMBS — 71 — 71 CDO/ABS — 93 1 94 Total available-for-sale securities — 1,604 3 1,607 Other securities Bonds: Non-U.S. government and government sponsored entities — 1 — 1 Corporate debt — 42 1 43 RMBS — 1 — 1 CDO/ABS — 1 — 1 Total bonds — 45 1 46 Preferred stock 13 6 — 19 Common stock 21 — — 21 Other long-term investments — — 1 1 Total other securities 34 51 2 87 Total investment securities 34 1,655 5 1,694 Restricted cash in mutual funds 482 — — 482 Total $ 931 $ 1,716 $ 5 $ 2,652 * Due to the insignificant activity within the Level 3 assets during 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.
Schedule of assets measured at fair value on a non-recurring basis on which impairment charges were recorded	Assets measured at fair value on a non-recurring basis on which we recorded impairment charges were as follows: Fair Value Measurements Using * Impairment Charges (dollars in millions) Level 1 Level 2 Level 3 Total At or for the Year Ended December 31, 2018 Assets Finance receivables held for sale $ — $ — $ 103 $ 103 $ 16 Real estate owned — — 6 6 3 At or for the Year Ended December 31, 2017 Assets Real estate owned $ — $ — $ 6 $ 6 $ 3 * The fair value information presented in the table is as of the date the fair value adjustment was recorded.
Qualitative information about Level 3 inputs for assets measured on a nonrecurring basis	Quantitative information about Level 3 inputs for our assets measured at fair value on a non-recurring basis at December 31, 2018 and 2017 was as follows: Range (Weighted Average) Valuation Technique(s) Unobservable Input December 31, 2018 December 31, 2017 Finance receivables held for sale Income approach Market value for similar type loan transactions to obtain a price point * * Real estate owned Market approach third party valuation * * * We applied the third party exception which allows us to omit certain quantitative disclosures about unobservable inputs for the assets measured at fair value on a non-recurring basis included in the table above. As a result, the weighted average ranges of the inputs for these assets are not applicable.

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Schedule of selected quarterly financial data	Our selected quarterly financial data for 2018 was as follows: (dollars in millions) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 956 $ 930 $ 902 $ 860 Interest expense 228 228 220 200 Provision for finance receivable losses 277 254 259 253 Other revenues 151 140 138 131 Other expenses 384 389 506 367 Income before income taxes 218 199 55 171 Income taxes 51 47 43 41 Net income $ 167 $ 152 $ 12 $ 130 Note: Year-to-Date may not sum due to rounding. Our selected quarterly financial data for 2017 was as follows: (dollars in millions) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 853 $ 806 $ 772 $ 756 Interest expense 204 207 203 202 Provision for finance receivable losses 229 242 233 243 Other revenues 139 149 117 135 Other expenses 382 401 386 400 Income before income taxes 177 105 67 46 Income taxes 161 44 20 18 Net income 16 61 47 28 Note: Year-to-Date may not sum due to rounding.

Nature of Operations (Details)

Nature of Operations (Details) $ / shares in Units, $ in Billions	Jun. 25, 2018USD ($)director$ / sharesshares	Dec. 31, 2018$ / shares	Dec. 31, 2017$ / shares
Schedule of Equity Method Investments [Line Items]
Common stock, par value (usd per share)		$ 0.5	$ 0.5
Number of directors designated | director	6
Number of directors | director	9
Majority Shareholder
Schedule of Equity Method Investments [Line Items]
Ownership percentage by initial stockholder		40.50%
OM Loans | Apollo-Värde Group
Schedule of Equity Method Investments [Line Items]
Sale of stock, number of shares issued in transaction (in shares) | shares	54,937,500
Common stock, par value (usd per share)	$ 0.01
Purchase price per share (usd per share)	$ 26
Aggregate purchase price | $	$ 1.4

Significant Transactions - Cons

Significant Transactions - Consolidated Balance Sheets (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 663	$ 958	$ 553
Investment securities	1,694	1,697
Net finance receivables:
Personal loans	16,122	14,775
Real estate loans		128
Retail sales finance		6
Net finance receivables	16,122	14,909
Unearned insurance premium and claim reserves		(590)
Allowance for finance receivable losses	(726)	(692)	(686)	$ (589)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	14,734	13,627
Finance receivables held for sale	103	132
Notes receivable from parent and affiliates	260	391
Restricted cash and restricted cash equivalents	499	498	568
Goodwill	1,422	1,422
Other intangible assets	387	439
Other assets	547	481
Total assets	20,309	19,645	18,340
Liabilities and Shareholder's Equity
Long-term debt	15,178	15,050
Note payable to parent and affiliates		0
Insurance claims and policyholder liabilities	685	737
Deferred and accrued taxes	42	46
Other liabilities	383	410
Total liabilities	16,288	16,243
Commitments and contingent liabilities (Note 20)
Shareholder's equity:
Common stock	5	5
Additional paid-in capital	2,110	1,909
Accumulated other comprehensive income (loss)	(34)	6
Retained earnings	1,940	1,482
Total shareholder's equity	4,021	3,402
Total liabilities and shareholder's equity	$ 20,309	19,645
Independence
Assets
Cash and cash equivalents		714	313
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		(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 receivable from parent and affiliates		0
Restricted cash and restricted cash equivalents		329	341
Goodwill		1,422
Other intangible assets		424
Other assets		402
Total assets		12,996
Liabilities and Shareholder's Equity
Long-term debt		7,195
Note payable to parent and affiliates		4,097
Insurance claims and policyholder liabilities		476
Deferred and accrued taxes		3
Other liabilities		229
Total liabilities		12,000
Commitments and contingent liabilities (Note 20)
Shareholder's equity:
Common stock		0
Additional paid-in capital		1,110
Accumulated other comprehensive income (loss)		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	240
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		(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 receivable from parent and affiliates		4,488
Restricted cash and restricted cash equivalents		169	227
Goodwill		0
Other intangible assets		15
Other assets		146
Total assets		10,824
Liabilities and Shareholder's Equity
Long-term debt		7,865
Note payable to parent and affiliates		0
Insurance claims and policyholder liabilities		261
Deferred and accrued taxes		78
Other liabilities		214
Total liabilities		8,418
Shareholder's equity:
Common stock		5
Additional paid-in capital		799
Accumulated other comprehensive income (loss)		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		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 receivable from parent and affiliates		(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
Long-term debt		(10)
Note payable to parent and affiliates		(4,097)
Insurance claims and policyholder liabilities		0
Deferred and accrued taxes		(35)
Other liabilities		(33)
Total liabilities		(4,175)
Shareholder's equity:
Common stock		0
Additional paid-in capital		0
Accumulated other comprehensive income (loss)		0
Retained earnings		0
Total shareholder's equity		0
Total liabilities and shareholder's equity		$ (4,175)

Significant Transactions - Co_2

Significant Transactions - Consolidated Statements of Operations (Details) - USD ($) $ in Millions	May 02, 2016	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest income:
Finance charges										$ 3,635	$ 3,174	$ 3,022
Finance receivables held for sale originated as held for investment										13	13	74
Total interest income		$ 956	$ 930	$ 902	$ 860	$ 853	$ 806	$ 772	$ 756	3,648	3,187	3,096
Interest expense		228	228	220	200	204	207	203	202	876	816	856
Net interest income										2,772	2,371	2,240
Provision for finance receivable losses		277	254	259	253	229	242	233	243	1,043	947	929
Net interest income (loss) after provision for finance receivable losses										1,729	1,424	1,311
Other revenues:
Insurance										429	420	449
Investment										66	73	86
Interest income on notes receivable from parent and affiliates										18	23	19
Net loss on repurchases and repayments of debt										(9)	(29)	(17)
Net gain on sale of SpringCastle interests										0	0	167
Net gain on sales of personal and real estate loans and related trust assets	$ 22									18	0	18
Other										38	53	32
Total other revenues		151	140	138	131	139	149	117	135	560	540	754
Operating expenses:
Salaries and benefits										862	729	723
Acquisition-related transaction and integration expenses										54	69	108
Other operating expenses										538	587	670
Insurance policy benefits and claims										192	184	167
Total other expenses		384	389	506	367	382	401	386	400	1,646	1,569	1,668
Income (loss) before income tax expense (benefit)		218	199	55	171	177	105	67	46	643	395	397
Income tax expense		51	47	43	41	161	44	20	18	182	243	127
Net income		$ 167	$ 152	$ 12	$ 130	$ 16	$ 61	$ 47	$ 28	461	152	270
Net income attributable to non-controlling interests										0	0	28
Net income attributable to Springleaf Finance Corporation										$ 461	152	242
Independence
Interest income:
Finance charges											1,946	1,746
Finance receivables held for sale originated as held for investment											0	0
Total interest income											1,946	1,746
Interest expense											531	502
Net interest income											1,415	1,244
Provision for finance receivable losses											623	600
Net interest income (loss) after provision for finance receivable losses											792	644
Other revenues:
Insurance											280	289
Investment											45	55
Interest income on notes receivable from parent and affiliates											0	7
Net loss on repurchases and repayments of debt											(1)	0
Net gain on sale of SpringCastle interests												0
Net gain on sales of personal and real estate loans and related trust assets												0
Other											69	31
Total other revenues											393	382
Operating expenses:
Salaries and benefits											442	427
Acquisition-related transaction and integration expenses											0	0
Other operating expenses											413	436
Insurance policy benefits and claims											128	112
Total other expenses											983	975
Income (loss) before income tax expense (benefit)											202	51
Income tax expense											144	14
Net income											58	37
Net income attributable to non-controlling interests											0	0
Net income attributable to Springleaf Finance Corporation											58	37
As Reported SFC
Interest income:
Finance charges											1,228	1,276
Finance receivables held for sale originated as held for investment											13	74
Total interest income											1,241	1,350
Interest expense											517	556
Net interest income											724	794
Provision for finance receivable losses											324	329
Net interest income (loss) after provision for finance receivable losses											400	465
Other revenues:
Insurance											140	160
Investment											28	31
Interest income on notes receivable from parent and affiliates											255	214
Net loss on repurchases and repayments of debt											(28)	(17)
Net gain on sale of SpringCastle interests												167
Net gain on sales of personal and real estate loans and related trust assets												18
Other											12	1
Total other revenues											407	574
Operating expenses:
Salaries and benefits											307	347
Acquisition-related transaction and integration expenses											0	0
Other operating expenses											251	291
Insurance policy benefits and claims											56	55
Total other expenses											614	693
Income (loss) before income tax expense (benefit)											193	346
Income tax expense											99	113
Net income											94	233
Net income attributable to non-controlling interests											0	28
Net income attributable to Springleaf Finance Corporation											94	205
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											(232)	(202)
Net interest income											232	202
Provision for finance receivable losses											0	0
Net interest income (loss) after provision for finance receivable losses											232	202
Other revenues:
Insurance											0	0
Investment											0	0
Interest income on notes receivable from parent and affiliates											(232)	(202)
Net loss on repurchases and repayments of debt											0	0
Net gain on sale of SpringCastle interests												0
Net gain on sales of personal and real estate loans and related trust assets												0
Other											(28)	0
Total other revenues											(260)	(202)
Operating expenses:
Salaries and benefits											(20)	(51)
Acquisition-related transaction and integration expenses											69	108
Other operating expenses											(77)	(57)
Insurance policy benefits and claims											0	0
Total other expenses											(28)	0
Income (loss) before income tax expense (benefit)											0	0
Income tax expense											0	0
Net income											0	0
Net income attributable to non-controlling interests											0	0
Net income attributable to Springleaf Finance Corporation											$ 0	$ 0

Significant Transactions - Co_3

Significant Transactions - Consolidated Statements of Cash Flows (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities
Net income		$ 167	$ 152	$ 12	$ 130	$ 16	$ 61	$ 47	$ 28	$ 461	$ 152	$ 270
Reconciling adjustments:
Provision for finance receivable losses		277	$ 254	$ 259	253	229	$ 242	$ 233	243	1,043	947	929
Depreciation and amortization										279	317	510
Deferred income tax benefit										21	43	(105)
Net gain on liquidation of United Kingdom Subsidiary										0	0	(4)
Net gain on sales of personal and real estate loans and related trust assets	[1]									(2)	0	(18)
Net loss on repurchases and repayments of debt										9	29	17
Share-based compensation expense, net of forfeitures										10	5	8
Net gain on sale of SpringCastle interests										0	0	(167)
Other										15	(5)	(9)
Cash flows due to changes in:
Other assets and other liabilities											175	(189)
Insurance claims and policyholder liabilities											(22)	(64)
Taxes receivable and payable											43	(38)
Accrued interest and finance charges											(37)	15
Other, net											0	3
Net cash provided by operating activities										1,967	1,647	1,158
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale										(2,372)	(2,267)	(1,155)
Proceeds on sales of finance receivables held for sale originated as held for investment										100	0	930
Proceeds from sale of SpringCastle interests, net of restricted cash released										0	0	26
Cash advances on intercompany notes receivables										(34)	(355)	(297)
Proceeds from repayments of principal and assignment of intercompany notes receivable										187	249	401
Cash received from CitiFinancial Credit Company												23
Available-for-sale securities purchased										(680)	(671)	(746)
Trading and other securities purchased												(17)
Available-for-sale securities called, sold, and matured										563	739	837
Trading and other securities called, sold, and matured										36	18	63
Proceeds from sale of real estate owned											4	8
Other, net											3	(10)
Net cash provided by (used for) investing activities										(2,238)	(2,280)	63
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions										5,525	5,427	6,660
Repayments of long-term debt										(5,471)	(4,447)	(8,320)
Proceeds from intercompany note payable											0	0
Payments on intercompany note payable											0
Cash dividend of SFMC										0	(10)	0
Distributions to joint venture partners										0	0	(18)
Payments on intercompany note payable										(99)	0	0
Withholding tax on vested RSUs and PRSUs										(2)	(2)	(1)
Capital contributions from parent										0	0	10
Net cash provided by (used for) financing activities										(23)	968	(1,669)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents										(294)	335	(448)
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period					1,456				1,121	1,456	1,121	1,569
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period		1,162				1,456				1,162	1,456	1,121
Supplemental cash flow information
Cash and cash equivalents													$ 663	$ 958	$ 553
Restricted cash and restricted cash equivalents													499	498	568
Total cash and cash equivalents and restricted cash and restricted cash equivalents		$ 1,162			1,456	1,456			1,121	1,456	1,121	1,569	$ 1,162	1,456	1,121
Interest paid										(753)	(746)	(765)
Income taxes received (paid)										(150)	(154)	(269)
Supplemental non-cash activities
Transfer of net finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)										111	0	1,945
Increase in finance receivables held for investment financed with intercompany payable										0	0	89
Transfer of finance receivables to real estate owned										7	9	8
Net unsettled investment security purchases											1	1
Non-cash dividend of SFMC										0	(28)	0
Independence
Cash flows from operating activities
Net income											58	37
Reconciling adjustments:
Provision for finance receivable losses											623	600
Depreciation and amortization											174	366
Deferred income tax benefit											125	(22)
Net gain on liquidation of United Kingdom Subsidiary												0
Net gain on sales of personal and real estate loans and related trust assets												0
Net loss on repurchases and repayments of debt											1	0
Share-based compensation expense, net of forfeitures											5	7
Net gain on sale of SpringCastle interests												0
Other											(6)	(15)
Cash flows due to changes in:
Other assets and other liabilities											68	(152)
Insurance claims and policyholder liabilities											70	(45)
Taxes receivable and payable											30	(94)
Accrued interest and finance charges											54	1
Other, net											3	0
Net cash provided by operating activities											1,205	683
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale											(1,484)	(598)
Proceeds on sales of finance receivables held for sale originated as held for investment												0
Proceeds from sale of SpringCastle interests, net of restricted cash released												0
Cash advances on intercompany notes receivables											0	(670)
Proceeds from repayments of principal and assignment of intercompany notes receivable											0	670
Cash received from CitiFinancial Credit Company												23
Available-for-sale securities purchased											(431)	(399)
Trading and other securities purchased												(7)
Available-for-sale securities called, sold, and matured											438	457
Trading and other securities called, sold, and matured											17	43
Proceeds from sale of real estate owned											0	0
Other, net											(9)	(36)
Net cash provided by (used for) investing activities											(1,469)	(517)
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions											1,971	2,806
Repayments of long-term debt											(1,898)	(3,394)
Proceeds from intercompany note payable											1,486	1,415
Payments on intercompany note payable											(905)
Cash dividend of SFMC											0
Distributions to joint venture partners												0
Payments on intercompany note payable												(1,292)
Withholding tax on vested RSUs and PRSUs											(1)	0
Capital contributions from parent												0
Net cash provided by (used for) financing activities											653	(465)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents											389	(299)
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period					1,043				654	1,043	654	953
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period						1,043					1,043	654
Supplemental cash flow information
Cash and cash equivalents														714	313
Restricted cash and restricted cash equivalents														329	341
Total cash and cash equivalents and restricted cash and restricted cash equivalents					1,043	1,043			654	1,043	654	953		1,043	654
Interest paid											(310)	(314)
Income taxes received (paid)											(83)	(129)
Supplemental non-cash activities
Transfer of net finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)												0
Increase in finance receivables held for investment financed with intercompany payable												0
Transfer of finance receivables to real estate owned											0	0
Net unsettled investment security purchases											1	1
Non-cash dividend of SFMC											0
As Reported SFC
Cash flows from operating activities
Net income											94	233
Reconciling adjustments:
Provision for finance receivable losses											324	329
Depreciation and amortization											143	144
Deferred income tax benefit											(82)	(83)
Net gain on liquidation of United Kingdom Subsidiary												(4)
Net gain on sales of personal and real estate loans and related trust assets												(18)
Net loss on repurchases and repayments of debt											28	17
Share-based compensation expense, net of forfeitures											0	1
Net gain on sale of SpringCastle interests												(167)
Other											1	6
Cash flows due to changes in:
Other assets and other liabilities											107	(37)
Insurance claims and policyholder liabilities											(92)	(19)
Taxes receivable and payable											13	56
Accrued interest and finance charges											(95)	14
Other, net											(3)	3
Net cash provided by operating activities											438	475
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale											(783)	(557)
Proceeds on sales of finance receivables held for sale originated as held for investment												930
Proceeds from sale of SpringCastle interests, net of restricted cash released												26
Cash advances on intercompany notes receivables											(1,837)	(1,042)
Proceeds from repayments of principal and assignment of intercompany notes receivable											1,154	1,023
Cash received from CitiFinancial Credit Company												0
Available-for-sale securities purchased											(245)	(353)
Trading and other securities purchased												(10)
Available-for-sale securities called, sold, and matured											301	380
Trading and other securities called, sold, and matured											1	20
Proceeds from sale of real estate owned											4	8
Other, net											12	26
Net cash provided by (used for) investing activities											(1,393)	451
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions											3,456	3,854
Repayments of long-term debt											(2,544)	(4,920)
Proceeds from intercompany note payable											0	670
Payments on intercompany note payable											0
Cash dividend of SFMC											(10)
Distributions to joint venture partners												(18)
Payments on intercompany note payable												(670)
Withholding tax on vested RSUs and PRSUs											(1)	(1)
Capital contributions from parent												10
Net cash provided by (used for) financing activities											901	(1,075)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents											(54)	(149)
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period					413				467	413	467	616
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period						413					413	467
Supplemental cash flow information
Cash and cash equivalents														244	240
Restricted cash and restricted cash equivalents														169	227
Total cash and cash equivalents and restricted cash and restricted cash equivalents					413	413			467	413	467	616		413	467
Interest paid											(436)	(451)
Income taxes received (paid)											(71)	(140)
Supplemental non-cash activities
Transfer of net finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)												1,945
Increase in finance receivables held for investment financed with intercompany payable												89
Transfer of finance receivables to real estate owned											9	8
Net unsettled investment security purchases											0	0
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	0
Deferred income tax benefit											0	0
Net gain on liquidation of United Kingdom Subsidiary												0
Net gain on sales of personal and real estate loans and related trust assets												0
Net loss on repurchases and repayments of debt											0	0
Share-based compensation expense, net of forfeitures											0	0
Net gain on sale of SpringCastle interests												0
Other											0	0
Cash flows due to changes in:
Other assets and other liabilities											0	0
Insurance claims and policyholder liabilities											0	0
Taxes receivable and payable											0	0
Accrued interest and finance charges											4	0
Other, net											0	0
Net cash provided by operating activities											4	0
Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale											0	0
Proceeds on sales of finance receivables held for sale originated as held for investment												0
Proceeds from sale of SpringCastle interests, net of restricted cash released												0
Cash advances on intercompany notes receivables											1,482	1,415
Proceeds from repayments of principal and assignment of intercompany notes receivable											(905)	(1,292)
Cash received from CitiFinancial Credit Company												0
Available-for-sale securities purchased											5	6
Trading and other securities purchased												0
Available-for-sale securities called, sold, and matured											0	0
Trading and other securities called, sold, and matured											0	0
Proceeds from sale of real estate owned											0	0
Other, net											0	0
Net cash provided by (used for) investing activities											582	129
Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions											0	0
Repayments of long-term debt											(5)	(6)
Proceeds from intercompany note payable											(1,486)	(2,085)
Payments on intercompany note payable											905
Cash dividend of SFMC											0
Distributions to joint venture partners												0
Payments on intercompany note payable												1,962
Withholding tax on vested RSUs and PRSUs											0	0
Capital contributions from parent												0
Net cash provided by (used for) financing activities											(586)	(129)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents											0	0
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period					0				0	0	0	0
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period						0					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	$ 0	0	0		$ 0	$ 0
Interest paid											0	0
Income taxes received (paid)											0	0
Supplemental non-cash activities
Transfer of net finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)												0
Increase in finance receivables held for investment financed with intercompany payable												0
Transfer of finance receivables to real estate owned											0	0
Net unsettled investment security purchases											0	$ 0
Non-cash dividend of SFMC											$ 0
[1]	In 2018, the gain on sale of real estate loans has been combined with the resulting impairment on finance receivables held for sale remaining after the December 2018 Real Estate Loan Sale. See Note 2 of the Notes to the Consolidated Financial Statements included in this report for more information regarding the sale.

Significant Transactions - OneM

Significant Transactions - OneMain Acquisition (Details) - OneMain $ in Billions	Nov. 15, 2015USD ($)	Nov. 13, 2015branchstate
Business Acquisition [Line Items]
Cash consideration | $	$ 4.5
Number of branches | branch		127
Number of states | state		11

Significant Transactions - Lend

Significant Transactions - Lendmark Sale (Details) $ in Millions	Nov. 12, 2015branch	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	May 02, 2016USD ($)	Mar. 31, 2016USD ($)
Business Acquisition [Line Items]
Acquisition-related transaction and integration expenses		$ 54	$ 69	$ 108
Sale of Branches to Lendmark
Business Acquisition [Line Items]
Number of branches | branch	127
Aggregate cash proceeds					$ 624
Personal loans | Sale of Branches to Lendmark
Business Acquisition [Line Items]
Unpaid principal balance						$ 600
Disposed of by Sale
Business Acquisition [Line Items]
Acquisition-related transaction and integration expenses		293
Acquisition-related transaction and integration expenses		$ 54
Disposed of by Sale | Sale of Branches to Lendmark
Business Acquisition [Line Items]
Percent of aggregate unpaid loan balance	103.00%

Significant Transactions - Spri

Significant Transactions - Springcastle Interests Sale (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net gain on sale of SpringCastle interests		$ 0	$ 0	$ 167
Disposed of by Sale | SpringCastle Interests Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership percentage	47.00%
Aggregate purchase price	$ 112
Price paid on sale of portfolio	101
Escrow account	$ 11
Maximum number of years, the amount must be left in the escrow account	5 years
Net gain on sale of SpringCastle interests	$ 167

Significant Transactions - Real

Significant Transactions - Real Estate Loan Sales (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 21, 2018	Dec. 31, 2018	Dec. 31, 2016	Aug. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds on sales of finance receivables held for sale originated as held for investment						$ 100	$ 0	$ 930
Disposed of by Sale | December 2018 Real Estate Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds on sales of finance receivables held for sale originated as held for investment		$ 100
Carrying value		82
Impairment gain (loss) (less than in December 2016)	$ (16)	$ 18	$ 18
Disposed of by Sale | August 2016 Real Estate Loan Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Carrying value					$ 250
Impairment gain (loss) (less than in December 2016)					(4)
Aggregate cash proceeds					$ 246
Disposed of by Sale | December 2016 Real Estate Loan Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Carrying value				$ 58				$ 58
Impairment gain (loss) (less than in December 2016)				$ (1)

Significant Transactions - SFC'

Significant Transactions - SFC's Medium-Term Note Issuances (Details) - Senior Notes - USD ($)	Dec. 31, 2018	Aug. 10, 2018	May 11, 2018	Mar. 12, 2018	Dec. 08, 2017	May 30, 2017	May 15, 2017	Apr. 11, 2016
6.875% SFC Notes
Debt Instrument [Line Items]
Interest rate				6.875%
Debt instrument, face amount				$ 1,250,000,000
7.125% SFC Notes
Debt Instrument [Line Items]
Interest rate	7.125%
Debt instrument, face amount	$ 1,600,000,000	$ 700,000,000	$ 900,000,000
Guaranty Agreements | 6.875% SFC Notes
Debt Instrument [Line Items]
Interest rate	6.875%
Guaranty Agreements | 7.125% SFC Notes
Debt Instrument [Line Items]
Interest rate	7.125%
Guaranty Agreements | 6.125% SFC Notes
Debt Instrument [Line Items]
Interest rate	6.125%						6.125%
Debt instrument, face amount						$ 500,000,000	$ 500,000,000
Guaranty Agreements | 5.625% SFC Notes
Debt Instrument [Line Items]
Interest rate	5.625%
Debt instrument, face amount					$ 875,000,000
Guaranty Agreements | 8.25% SFC Notes
Debt Instrument [Line Items]
Interest rate	8.25%
Debt instrument, face amount								$ 1,000,000,000

Significant Transactions - SFH

Significant Transactions - SFH Share Sales (Details) - USD ($) $ in Millions	Jun. 25, 2018	Feb. 21, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Subsidiary, Sale of Stock [Line Items]
Non-cash incentive compensation from SFH				$ 110	$ 0	$ 0
Apollo-Värde Group | OneMain
Subsidiary, Sale of Stock [Line Items]
Sale of stock, number of shares issued in transaction (in shares)	54,937,500
Aggregate purchase price	$ 1,400
Non-cash incentive compensation from SFH				$ 106
Initial Stockholder and Morgan Stanley & Co. LLC | OneMain
Subsidiary, Sale of Stock [Line Items]
Sale of stock, number of shares issued in transaction (in shares)		4,179,678
Affiliates of Fortress or AIG | OneMain
Subsidiary, Sale of Stock [Line Items]
Non-cash incentive compensation from SFH			$ 4

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Basis of Presentation (Details)	Mar. 31, 2016
Corporate Joint Venture
Related Party Transaction [Line Items]
Ownership percentage	47.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Operating Segments (Details)	12 Months Ended
	Dec. 31, 2018segment
Accounting Policies [Abstract]
Number of segments	2

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Financing Receivables (Details)	12 Months Ended
	Dec. 31, 2018paymentdeferment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable credit impairment minimum past due period	60 days
Threshold Payments Past Due For Write-Off Of Financing Receivable	7
Threshold Payments Past Due For Repossession of Titled Personal Property	2
Period in which most repurchase requests for financial receivable sold occur	5 years
Real Estate Loans Branch | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivable revenue recognition installment of contractual payment past due after which finance charges accruing stopped	4
Retail Sales Finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, number of deferments in rolling period | deferment	2
Financing receivable, rolling period	12 months

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2018	Jan. 01, 2019
New Accounting Pronouncement, Early Adoption [Line Items]
Impact of AOCI reclassification due to the Tax Act		$ 0
Retained Earnings
New Accounting Pronouncement, Early Adoption [Line Items]
Impact of AOCI reclassification due to the Tax Act		$ 3
Retained Earnings | New Accounting Pronouncement, Early Adoption, Effect
New Accounting Pronouncement, Early Adoption [Line Items]
Impact of AOCI reclassification due to the Tax Act	$ 3
Scenario, Forecast | Subsequent Event | ASU 2016-02
New Accounting Pronouncement, Early Adoption [Line Items]
Right-of-use asset			$ 183
Lease liability			$ 183

Finance Receivables - Narrative

Finance Receivables - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale	$ 103,000,000	$ 132,000,000
Commitment to lend additional funds on TDR finance receivables	$ 0
Unlikely to be Collected Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Threshold period past due for write-off of financing receivable	60 days
Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Threshold period past due for write-off of financing receivable	90 days
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral, percentage	48.00%	43.00%
Personal loans | Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables, original term (years)	3 years
Personal loans | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables, original term (years)	6 years

Finance Receivables - Net Finan

Finance Receivables - Net Finance Receivables by Type (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	$ 15,936	$ 14,750
Unearned points and fees	(200)	(168)
Accrued finance charges	253	211
Deferred origination costs	133	116
Net finance receivables	16,122	14,909
Personal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	15,936	14,617
Unearned points and fees	(200)	(168)
Accrued finance charges	253	210
Deferred origination costs	133	116
Net finance receivables	16,122	14,775
Other Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross receivables	0	133
Unearned points and fees	0	0
Accrued finance charges	0	1
Deferred origination costs	0	0
Net finance receivables	$ 0	$ 134

Finance Receivables - Geographi

Finance Receivables - Geographic Diversification (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Concentration Risk [Line Items]
Net finance receivables	$ 16,122	$ 14,909
Geographic concentration | Finance receivable
Concentration Risk [Line Items]
Net finance receivables	$ 16,122	$ 14,909
Percent	100.00%	100.00%
Geographic concentration | Finance receivable | Texas
Concentration Risk [Line Items]
Net finance receivables	$ 1,444	$ 1,300
Percent	9.00%	9.00%
Geographic concentration | Finance receivable | North Carolina
Concentration Risk [Line Items]
Net finance receivables	$ 1,177	$ 1,155
Percent	7.00%	8.00%
Geographic concentration | Finance receivable | California
Concentration Risk [Line Items]
Net finance receivables	$ 989	$ 876
Percent	6.00%	6.00%
Geographic concentration | Finance receivable | Pennsylvania
Concentration Risk [Line Items]
Net finance receivables	$ 945	$ 882
Percent	6.00%	6.00%
Geographic concentration | Finance receivable | Florida
Concentration Risk [Line Items]
Net finance receivables	$ 830	$ 674
Percent	5.00%	5.00%
Geographic concentration | Finance receivable | Ohio
Concentration Risk [Line Items]
Net finance receivables	$ 791	$ 726
Percent	5.00%	5.00%
Geographic concentration | Finance receivable | Illinois
Concentration Risk [Line Items]
Net finance receivables	$ 700	$ 667
Percent	4.00%	4.00%
Geographic concentration | Finance receivable | Indiana
Concentration Risk [Line Items]
Net finance receivables	$ 653	$ 608
Percent	4.00%	4.00%
Geographic concentration | Finance receivable | Virginia
Concentration Risk [Line Items]
Net finance receivables	$ 651	$ 641
Percent	4.00%	4.00%
Geographic concentration | Finance receivable | Georgia
Concentration Risk [Line Items]
Net finance receivables	$ 650	$ 618
Percent	4.00%	4.00%
Geographic concentration | Finance receivable | Tennessee
Concentration Risk [Line Items]
Net finance receivables	$ 547	$ 520
Percent	3.00%	3.00%
Geographic concentration | Finance receivable | Other
Concentration Risk [Line Items]
Net finance receivables	$ 6,745	$ 6,242
Percent	43.00%	42.00%

Finance Receivables - Delinquen

Finance Receivables - Delinquent and Nonperforming Finance Receivables (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Delinquency by finance receivables type
Net finance receivables	$ 16,122	$ 14,909
Personal Loans
Delinquency by finance receivables type
Net finance receivables	16,122	14,775
Other Receivables
Delinquency by finance receivables type
Net finance receivables	0	134
Performing
Delinquency by finance receivables type
Net finance receivables	15,761	14,554
Performing | Current
Delinquency by finance receivables type
Net finance receivables	15,373	14,185
Performing | 30-59 days past due
Delinquency by finance receivables type
Net finance receivables	228	210
Performing | 60-89 days past due
Delinquency by finance receivables type
Net finance receivables	160	159
Performing | Personal Loans
Delinquency by finance receivables type
Net finance receivables	15,761	14,439
Performing | Personal Loans | Current
Delinquency by finance receivables type
Net finance receivables	15,373	14,081
Performing | Personal Loans | 30-59 days past due
Delinquency by finance receivables type
Net finance receivables	228	202
Performing | Personal Loans | 60-89 days past due
Delinquency by finance receivables type
Net finance receivables	160	156
Performing | Other Receivables
Delinquency by finance receivables type
Net finance receivables	0	115
Performing | Other Receivables | Current
Delinquency by finance receivables type
Net finance receivables	0	104
Performing | Other Receivables | 30-59 days past due
Delinquency by finance receivables type
Net finance receivables	0	8
Performing | Other Receivables | 60-89 days past due
Delinquency by finance receivables type
Net finance receivables	0	3
Nonperforming
Delinquency by finance receivables type
Net finance receivables	361	355
Nonperforming | 90-179 days past due
Delinquency by finance receivables type
Net finance receivables	353	334
Nonperforming | 180 days or more past due
Delinquency by finance receivables type
Net finance receivables	8	21
Nonperforming | Personal Loans
Delinquency by finance receivables type
Net finance receivables	361	336
Nonperforming | Personal Loans | 90-179 days past due
Delinquency by finance receivables type
Net finance receivables	353	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	0	19
Nonperforming | Other Receivables | 90-179 days past due
Delinquency by finance receivables type
Net finance receivables	0	4
Nonperforming | Other Receivables | 180 days or more past due
Delinquency by finance receivables type
Net finance receivables	$ 0	$ 15

Finance Receivables - Purchased

Finance Receivables - Purchased Credit Impaired Finance Receivables HFI and HFS (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Allowance for purchased credit impaired finance receivable losses	$ 0	$ 15
OM Loans
Financing Receivable, Impaired [Line Items]
Carrying amount, net of allowance	89	176
Outstanding balance	135	243
Allowance for purchased credit impaired finance receivable losses	0	6
FA Loans
Financing Receivable, Impaired [Line Items]
Carrying amount, net of allowance	28	57
Outstanding balance	48	94
Allowance for purchased credit impaired finance receivable losses	0	9
Carrying amount, held for sale	28	44
Outstanding balance, held for sale	$ 48	$ 72

Finance Receivables - Changes i

Finance Receivables - Changes in Accretable Yield For Purchased Credit Impaired HFI and HFS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Changes in accretable yield for purchased credit impaired finance receivables
Other			$ (23)
OM Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	$ 47	$ 59	151
Accretion	(27)	(34)	(69)
Other	0	0	(23)
Reclassifications from (to) nonaccretable difference	19	22	0
Balance at end of period	39	47	59
SCP Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	0	0	375
Accretion	0	0	(16)
Transfer due to finance receivables sold	0	0	(359)
Balance at end of period	0	0	0
FA Loans
Changes in accretable yield for purchased credit impaired finance receivables
Balance at beginning of period	53	60	66
Accretion	(4)	(5)	(7)
Reclassifications from (to) nonaccretable difference	0	(2)	12
Transfer due to finance receivables sold	(22)	0	(11)
Balance at end of period	27	53	60
Accretion of purchased credit impairment FA loans held for sale	$ 4	$ 4	$ 5

Finance Receivables - TDR Finan

Finance Receivables - TDR Finance Receivable HFI and HFS (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	$ 538	$ 457
TDR net finance receivables	527	457
Allowance for TDR finance receivable losses	169	146
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	449	318
TDR net finance receivables	452	317
Allowance for TDR finance receivable losses	169	134
Other Receivables
Financing Receivable, Modifications [Line Items]
TDR gross finance receivables	89	139
TDR net finance receivables	75	140
Allowance for TDR finance receivable losses	0	12
TDR gross finance receivables, held for sale	89	90
TDR net finance receivables, held for sale	$ 75	$ 91

Finance Receivables - TDR Avera

Finance Receivables - TDR Average Net Receivables HFI and HFS and Finance Charges Recognized (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Modifications [Line Items]
TDR average net receivables	$ 512	$ 370	$ 270
TDR finance charges recognized	52	42	23
Personal Loans
Financing Receivable, Modifications [Line Items]
TDR average net receivables	382	230	95
TDR finance charges recognized	45	33	12
Other Receivables
Financing Receivable, Modifications [Line Items]
TDR average net receivables	130	140	175
TDR finance charges recognized	7	9	11
TDR average net receivables, held for sale	98	91	102
TDR finance charges recognized, held for sale	$ 5	$ 6	$ 6

Finance Receivables - New Volum

Finance Receivables - New Volume of TDR HFI & HFS Finance Receivables (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)account	Dec. 31, 2017USD ($)account	Dec. 31, 2016USD ($)account
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	$ 378	$ 342	$ 228
Total post-modification TDR net finance receivables	$ 378	$ 340	$ 224
Number of TDR accounts | account	57,008	45,810	29,916
Rate reduction
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	$ 291	$ 266	$ 211
Other
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	87	74	13
Personal Loans
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	375	326	211
Total post-modification TDR net finance receivables	$ 375	$ 324	$ 206
Number of TDR accounts | account	56,938	45,300	29,395
Personal Loans | Rate reduction
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	$ 288	$ 250	$ 194
Personal Loans | Other
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	87	74	12
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	0	0	1
Total post-modification TDR net finance receivables	$ 0	$ 0	$ 1
Number of TDR accounts | account	0	0	157
SpringCastle Portfolio | Rate reduction
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	$ 0	$ 0	$ 1
SpringCastle Portfolio | Other
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	0	0	0
Other Receivables
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables	3	16	16
Total post-modification TDR net finance receivables	$ 3	$ 16	$ 17
Number of TDR accounts | account	70	510	364
Other Receivables | Rate reduction
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	$ 3	$ 16	$ 16
Other Receivables | Other
Financing Receivable, Modifications [Line Items]
Total post-modification TDR net finance receivables	0	0	1
Real Estate Loan
Financing Receivable, Modifications [Line Items]
Pre-modification TDR net finance receivables, held for sale	2	6	5
Post-modification TDR net finance receivables, held for sale	$ 2	$ 7	$ 5
Number of TDR accounts, held for sale | account	44	232	122

Finance Receivables - Modified

Finance Receivables - Modified as TDR - Non Performing Finance Receivables (Details)	12 Months Ended
	Dec. 31, 2018USD ($)account	Dec. 31, 2017USD ($)account	Dec. 31, 2016USD ($)account
Personal loans
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 64,000,000	$ 88,000,000	$ 24,000,000
Number of TDR accounts | account	9,660	14,935	3,684
SpringCastle Portfolio
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 0	$ 0	$ 0
Number of TDR accounts | account	0	0	19
Defaulted during previous 12-month period (less than)	$ 1,000,000
Other Receivables
Financing Receivable, Modifications [Line Items]
TDR net finance receivables	$ 1,000,000	$ 4,000,000	$ 3,000,000
Number of TDR accounts | account	43	101	61
Real Estate Loan
Financing Receivable, Modifications [Line Items]
TDR net finance receivables, held for sale	$ 1,000,000	$ 2,000,000	$ 2,000,000
Number of TDR accounts, held for sale | account	30	53	30

Allowance for Finance Receiva_3

Allowance for Finance Receivable Losses - Changes in Allowance by Type (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period				$ 692				$ 686	$ 692	$ 686	$ 589
Provision for finance receivable losses	$ 277	$ 254	$ 259	253	$ 229	$ 242	$ 233	243	1,043	947	929
Charge-offs									(1,097)	(1,047)	(872)
Recoveries									111	106	74
Other									(23)		(34)
Balance at end of period	726				692				726	692	686
Personal Loans
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period				668				666	668	666	538
Provision for finance receivable losses									1,045	941	906
Charge-offs									(1,095)	(1,041)	(843)
Recoveries									108	102	65
Other									0		0
Balance at end of period	726				668				726	668	666
SpringCastle Portfolio
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period				0				0	0	0	4
Provision for finance receivable losses									0	0	14
Charge-offs									0	0	(17)
Recoveries									0	0	3
Other									0		(4)
Balance at end of period	0				0				0	0	0
Other Receivables
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period				$ 24				$ 20	24	20	47
Provision for finance receivable losses									(2)	6	9
Charge-offs									(2)	(6)	(12)
Recoveries									3	4	6
Other									(23)		(30)
Balance at end of period	$ 0				$ 24				$ 0	$ 24	$ 20

Allowance for Finance Receiva_4

Allowance for Finance Receivable Losses - By Type and Impairment Method (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	$ 557	$ 531
Purchased credit impaired finance receivables	0	15
TDR finance receivables	169	146
Total	726	692	$ 686	$ 589
Finance receivables:
Collectively evaluated for impairment	15,581	14,339
Purchased credit impaired finance receivables	16,122	14,909
TDR finance receivables	452	366
Net finance receivables	$ 16,122	$ 14,909
Allowance for finance receivable losses as a percentage of finance receivables	4.50%	4.64%
Purchased credit impaired finance receivables
Finance receivables:
Purchased credit impaired finance receivables	$ 89	$ 204
Net finance receivables	89	204
Personal Loans
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	557	528
Purchased credit impaired finance receivables	0	6
TDR finance receivables	169	134
Total	726	668	666	538
Finance receivables:
Collectively evaluated for impairment	15,581	14,276
Purchased credit impaired finance receivables	16,122	14,775
TDR finance receivables	452	317
Net finance receivables	$ 16,122	$ 14,775
Allowance for finance receivable losses as a percentage of finance receivables	4.50%	4.52%
Personal Loans | Purchased credit impaired finance receivables
Finance receivables:
Purchased credit impaired finance receivables	$ 89	$ 182
Net finance receivables	89	182
Other Receivables
Financing Receivable, Allowance for finance receivable losses [Line Items]
Collectively evaluated for impairment	0	3
Purchased credit impaired finance receivables	0	9
TDR finance receivables	0	12
Total	0	24	$ 20	$ 47
Finance receivables:
Collectively evaluated for impairment	0	63
Purchased credit impaired finance receivables	0	134
TDR finance receivables	0	49
Net finance receivables	$ 0	$ 134
Allowance for finance receivable losses as a percentage of finance receivables	0.00%	18.27%
Other Receivables | Purchased credit impaired finance receivables
Finance receivables:
Purchased credit impaired finance receivables	$ 0	$ 22
Net finance receivables	$ 0	$ 22

Finance Receivables Held for _2

Finance Receivables Held for Sale (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 21, 2018	May 02, 2016	Dec. 31, 2018	Dec. 31, 2016	Aug. 31, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables held for sale	$ 103			$ 103				$ 103	$ 132
Financing receivables transferred to held for sale											$ 608
Proceeds on sales of finance receivables held for sale originated as held for investment								100	0	$ 930
Net gain on sale of SpringCastle interests								0	0	167
Personal loans held for sale, carrying value			$ 602
Net gain on sales of personal and real estate loans and related trust assets			$ 22					18	$ 0	18
Personal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables transferred to held for sale								$ 88		307
SpringCastle Portfolio
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables transferred to held for sale										1,600
Net gain on sale of SpringCastle interests							$ 167
Real Estate Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impairment loss in other revenues						$ 4
Disposed of by Sale | December 2018 Real Estate Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impairment gain (loss)	$ (16)	$ 18		$ 18
Proceeds on sales of finance receivables held for sale originated as held for investment		100
Carrying value		$ 82
Disposed of by Sale | August 2016 Real Estate Loan Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impairment gain (loss)						(4)
Carrying value						$ 250
Disposed of by Sale | December 2016 Real Estate Loan Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impairment gain (loss)					$ (1)
Carrying value					$ 58					$ 58

Investment Securities - Cost_Am

Investment Securities - Cost/Amortized, Unrealized Gains/Losses & FV on AFS Investment Securities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	$ 1,643	$ 1,574
Unrealized Gains	3	12
Unrealized Losses	(39)	(8)
Fair Value	1,607	1,578
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	21	28
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	21	28
Obligations of states, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	91	135
Unrealized Gains	0
Unrealized Losses	(1)	0
Fair Value	90	135
Certificates of deposit and commercial paper
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	63	60
Unrealized Gains	0
Unrealized Losses	0	0
Fair Value	63	60
Non-U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	145	126
Unrealized Gains	0	0
Unrealized Losses	(2)	(1)
Fair Value	143	125
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	1,027	941
Unrealized Gains	2	12
Unrealized Losses	(32)	(5)
Fair Value	997	948
RMBS
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	130	100
Unrealized Gains	0	0
Unrealized Losses	(2)	(1)
Fair Value	128	99
CMBS
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	72	88
Unrealized Gains	0	0
Unrealized Losses	(1)	(1)
Fair Value	71	87
CDO/ABS
Debt Securities, Available-for-sale [Line Items]
Cost/ Amortized Cost	94	96
Unrealized Gains	1	0
Unrealized Losses	(1)	0
Fair Value	$ 94	$ 96

Investment Securities - FV & Un

Investment Securities - FV & Unrealized Losses on AFS Investment Securities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Fair Value
Less Than 12 Months	$ 460	$ 690
12 Months or Longer	783	218
Total	1,243	908
Unrealized Losses
Less Than 12 Months	(15)	(4)
12 Months or Longer	(24)	(4)
Total	(39)	(8)
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	3	21
12 Months or Longer	16	3
Total	19	24
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	10	65
12 Months or Longer	57	20
Total	67	85
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	(1)	0
Total	(1)	0
Non-U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	19	89
12 Months or Longer	97	13
Total	116	102
Unrealized Losses
Less Than 12 Months	(1)	(1)
12 Months or Longer	(1)	0
Total	(2)	(1)
Corporate debt
Fair Value
Less Than 12 Months	377	387
12 Months or Longer	448	93
Total	825	480
Unrealized Losses
Less Than 12 Months	(14)	(3)
12 Months or Longer	(18)	(2)
Total	(32)	(5)
RMBS
Fair Value
Less Than 12 Months	23	40
12 Months or Longer	78	25
Total	101	65
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	(2)	(1)
Total	(2)	(1)
CMBS
Fair Value
Less Than 12 Months	10	40
12 Months or Longer	54	38
Total	64	78
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	(1)	(1)
Total	(1)	(1)
CDO/ABS
Fair Value
Less Than 12 Months	18	48
12 Months or Longer	33	26
Total	51	74
Unrealized Losses
Less Than 12 Months	0	0
12 Months or Longer	(1)	0
Total	$ (1)	$ 0

Investment Securities - Narrati

Investment Securities - Narrative (Details)	12 Months Ended
	Dec. 31, 2018USD ($)investment	Dec. 31, 2017USD ($)investment	Dec. 31, 2016USD ($)
Gain (Loss) on Securities [Line Items]
Investment securities in an unrealized loss position | investment	1,767	1,229
Other-than-temporary impairment on investment security that we intend to sell	$ 0
Fair value of bonds on deposit	515,000,000	$ 537,000,000
Net unrealized losses on other securities sold or redeemed	7,000,000	0	$ 0
Net realized gains (losses) on other securities sold or redeemed	0	0	7,000,000
Corporate debt
Gain (Loss) on Securities [Line Items]
Other-than-temporary impairment credit losses	$ 0	$ 0	$ 0

Investment Securities - Proceed

Investment Securities - Proceeds of AFS Sold / Redeemed (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales and redemptions	$ 341	$ 508	$ 518
Realized gains	1	15	16
Realized losses	(2)	(1)	(1)
Net realized gains (losses)	$ (1)	$ 14	$ 15

Investment Securities - Contrac

Investment Securities - Contractual Maturities of AFS Investment Securities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities:
Due in 1 year or less	$ 184
Due after 1 year through 5 years	526
Due after 5 years through 10 years	410
Due after 10 years	194
Mortgage-backed, asset-backed, and collateralized securities	293
Total	1,607	$ 1,578
Fixed maturities, excluding mortgage-backed, asset-backed, and collateralized securities (Amortized Cost):
Due in 1 year or less	184
Due after 1 year through 5 years	534
Due after 5 years through 10 years	421
Due after 10 years	208
Mortgage-backed, asset-backed, and collateralized securities	296
Cost/ Amortized Cost	$ 1,643	$ 1,574

Investment Securities - Fair Va

Investment Securities - Fair Value of Other Securities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Debt and Equity Securities, FV-NI [Line Items]
Bonds	$ 46	$ 74
Other long-term investments	1	1
Total	87	118
FHLB common stock		1
Non-U.S. government and government sponsored entities
Debt and Equity Securities, FV-NI [Line Items]
Bonds	1	1
Corporate debt
Debt and Equity Securities, FV-NI [Line Items]
Bonds	43	68
Mortgage-backed, asset-backed, and collateralized bonds
Debt and Equity Securities, FV-NI [Line Items]
Bonds	2	5
Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Trading security, equity	19	20
Common Stock
Debt and Equity Securities, FV-NI [Line Items]
Trading security, equity	$ 21	$ 23

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 1,422,000,000	$ 1,422,000,000
Impairments to goodwill	$ 0	$ 0	$ 0

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Acquired Finite-Lived Intangible Assets [Line Items]
Accumulated Amortization	$ (237)	$ (194)
Gross Carrying Amount	624	633
Net Other Intangible Assets	387	439
Licenses
Acquired Indefinite-lived Intangible Assets [Line Items]
Licenses	28	37
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	223	223
Accumulated Amortization	(126)	(92)
Net Other Intangible Assets	97	131
Trade names
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	220	220
Accumulated Amortization	0	0
Net Other Intangible Assets	220	220
VOBA
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	141	141
Accumulated Amortization	(99)	(90)
Net Other Intangible Assets	42	51
Other
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	12	12
Accumulated Amortization	(12)	(12)
Net Other Intangible Assets	$ 0	$ 0

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Estimated Aggregate Amortization of Other Intangible Assets and Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 43	$ 52	$ 70
Estimated Aggregate Amortization Expense
2,019	38
2,020	38
2,021	32
2,022	3
2,023	3
Licenses
Indefinite-lived Intangible Assets [Line Items]
Impairment loss	$ 8

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Fixed assets, net	$ 133	$ 67
Deferred tax assets	130	139
Prepaid expenses and deferred charges	121	89
Ceded insurance reserves	74	95
Receivables from parent and affiliates	18	4
Other investments	18	29
Current tax receivable	11	13
Cost basis investments	11	11
Other	31	34
Total	547	481
Accumulated depreciation on fixed assets	$ 234	$ 120

Transactions with Affiliates (D

Transactions with Affiliates (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
SpringCastle Funding Trust
Related Party Transaction [Line Items]
Servicing fees revenue	$ 16	$ 37	$ 32

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Oct. 01, 2018	Jul. 01, 2018	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Notes receivables from parent				$ 260,000,000	$ 391,000,000
Capital contribution from parent						$ 10,000,000
Capital contributions from parent				0	0	10,000,000
Receivables from parent and affiliates				18,000,000	4,000,000
Total Carrying Value
Related Party Transaction [Line Items]
Notes receivables from parent				260,000,000	391,000,000
Receivables from parent and affiliates				18,000,000	4,000,000
Other liabilities				0	189,000,000
Affiliated Entity
Related Party Transaction [Line Items]
Capital contribution from parent				58,000,000
Affiliated Entity | SFI
Related Party Transaction [Line Items]
Notes receivables from parent				$ 232,000,000	$ 391,000,000
Interest rate				5.59%	5.87%
Interest income				$ 17,000,000	$ 23,000,000	19,000,000
Increase in notes receivable				$ 28,000,000
Effective interest rate				5.84%
Affiliated Entity | SFI | Cost of Funds Rate
Related Party Transaction [Line Items]
Basis spread on variable rate				0.25%
Affiliated Entity | OSGC
Related Party Transaction [Line Items]
Capital contribution from parent		$ 58,000,000
Capital contributions from parent		$ 98,000,000
Affiliated Entity | OCLI | Loan Referral Fees
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party				$ 29,000,000	56,000,000	17,000,000
Loan processing fee			$ 35
Subsidiary of Common Parent
Related Party Transaction [Line Items]
Capital contribution from parent				$ 30,000,000
Subsidiary of Common Parent | SMHC
Related Party Transaction [Line Items]
Capital contribution from parent	$ 30,000,000
Capital contributions from parent	$ 39,000,000
Subsidiaries | OSGC | Services Agreement
Related Party Transaction [Line Items]
Allocated cost percentage				100.00%
Related party transaction, expenses from transactions with related party				$ 265,000,000	460,000,000	243,000,000
Subsidiaries | OSGC | License and Building Lease
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party				$ 0	$ 0	$ 10,000,000

Long-term Debt - Carrying Value

Long-term Debt - Carrying Value and Fair Value of Long-Term Debt (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total	$ 15,178	$ 15,050
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total	15,041	15,625
Senior debt | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total	15,006	14,878
Senior debt | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total	14,868	15,436
Junior subordinated debt | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total	172	172
Junior subordinated debt | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total	$ 173	$ 189

Long-term Debt - Weighted Avera

Long-term Debt - Weighted Average Effective Interest Rates on Long-Term Debt (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Weighted average effective interest rates during the period	5.66%	5.74%	5.67%
Weighted average effective interest rates at period end	5.92%	5.57%
Senior debt
Debt Instrument [Line Items]
Weighted average effective interest rates during the period	5.64%	5.73%	5.60%
Weighted average effective interest rates at period end	5.89%	5.56%
Junior subordinated debt
Debt Instrument [Line Items]
Weighted average effective interest rates during the period	8.13%	6.41%	12.26%
Weighted average effective interest rates at period end	8.56%	6.37%

Long-term Debt - Principal Matu

Long-term Debt - Principal Maturities of Long-Term Debt (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Principal maturities of long-term debt by type of debt
2,019	$ 686,000,000
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	3,199,000,000
Securitizations	7,533,000,000
Total principal maturities	15,538,000,000
Total carrying amount	15,178,000,000	$ 15,050,000,000
Debt issuance costs	(82,000,000)
Consolidated VIEs
Principal maturities of long-term debt by type of debt
Total carrying amount	7,500,000,000	$ 8,700,000,000
Amounts drawn	0
Senior debt
Principal maturities of long-term debt by type of debt
Total principal maturities	$ 1,600,000,000
Junior Subordinated Debt
Long-term debt
Effective interest rate	4.19%
Principal maturities of long-term debt by type of debt
2,019	$ 0
2,020	0
2,021	0
2,022	0
2,023	0
2024-2067	350,000,000
Securitizations	0
Total principal maturities	350,000,000
Total carrying amount	172,000,000
Debt issuance costs	$ 0
Junior Subordinated Debt | LIBOR
Principal maturities of long-term debt by type of debt
Basis spread on variable rate	1.75%
Revolving Credit Facility | Other assets
Principal maturities of long-term debt by type of debt
Debt issuance costs	$ 25,000,000
Securitizations | Senior debt
Principal maturities of long-term debt by type of debt
2,019	0
2,020	0
2,021	0
2,022	0
2,023	0
2024-2067	0
Securitizations	7,533,000,000
Total principal maturities	7,533,000,000
Total carrying amount	7,510,000,000
Debt issuance costs	$ (23,000,000)
Securitizations | Senior debt | Minimum
Long-term debt
Interest rate	2.16%
Securitizations | Senior debt | Maximum
Long-term debt
Interest rate	6.94%
Medium Term Notes | Senior debt
Principal maturities of long-term debt by type of debt
2,019	$ 686,000,000
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	2,849,000,000
Securitizations	0
Total principal maturities	7,655,000,000
Total carrying amount	7,496,000,000
Debt issuance costs	$ (59,000,000)
Medium Term Notes | Senior debt | Minimum
Long-term debt
Interest rate	5.25%
Medium Term Notes | Senior debt | Maximum
Long-term debt
Interest rate	8.25%

Long-term Debt - SFC Senior Not

Long-term Debt - SFC Senior Notes (Details) - Senior debt - USD ($)	Dec. 31, 2018	Aug. 10, 2018	May 11, 2018	Mar. 12, 2018
7.125% SFC Notes
Debt Instrument [Line Items]
Interest rate	7.125%
Debt instrument, face amount	$ 1,600,000,000	$ 700,000,000	$ 900,000,000
OMFH Notes 2021
Debt Instrument [Line Items]
Interest rate	7.25%
Debt instrument, face amount	$ 400,000,000
6.875% SFC Notes
Debt Instrument [Line Items]
Interest rate				6.875%
Debt instrument, face amount				$ 1,250,000,000

Long-term Debt - Guarantee Agre

Long-term Debt - Guarantee Agreements (Details) - USD ($) $ in Millions	Dec. 31, 2018	Mar. 12, 2018	May 15, 2017
Debt Instrument [Line Items]
Outstanding Balance	$ 15,538
Senior debt
Debt Instrument [Line Items]
Outstanding Balance	$ 1,600
Senior debt | 7.125% SFC Notes
Debt Instrument [Line Items]
Interest rate	7.125%
Senior debt | 6.875% SFC Notes
Debt Instrument [Line Items]
Interest rate		6.875%
Guaranty Agreements | Senior debt | 7.125% SFC Notes
Debt Instrument [Line Items]
Interest rate	7.125%
Outstanding Balance	$ 1,600
Guaranty Agreements | Senior debt | 6.875% SFC Notes
Debt Instrument [Line Items]
Interest rate	6.875%
Outstanding Balance	$ 1,250
Guaranty Agreements | Senior debt | 5.625% SFC Notes
Debt Instrument [Line Items]
Interest rate	5.625%
Outstanding Balance	$ 875
Guaranty Agreements | Senior debt | 6.125% SFC Notes
Debt Instrument [Line Items]
Interest rate	6.125%		6.125%
Outstanding Balance	$ 1,000
Guaranty Agreements | Senior debt | 8.25% SFC Notes
Debt Instrument [Line Items]
Interest rate	8.25%
Outstanding Balance	$ 1,000
Guaranty Agreements | Senior debt | 5.25% SFC Notes
Debt Instrument [Line Items]
Interest rate	5.25%
Outstanding Balance	$ 690

Long-term Debt - Other SFC Note

Long-term Debt - Other SFC Notes (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 30, 2013
Debt Instrument [Line Items]
Aggregate principal amount outstanding	$ 15,538
Senior debt
Debt Instrument [Line Items]
Aggregate principal amount outstanding	$ 1,600
Senior debt | Guaranty Agreements | 8.25% Senior Notes Due 2023
Debt Instrument [Line Items]
Interest rate		8.25%
Senior debt | Guaranty Agreements | 7.75% Senior Notes Due 2021
Debt Instrument [Line Items]
Interest rate		7.75%
Senior debt | Guaranty Agreements | 6.00% Senior Notes Due 2020
Debt Instrument [Line Items]
Interest rate		6.00%

Long-term Debt - OMFH Notes (De

Long-term Debt - OMFH Notes (Details)	12 Months Ended
	Dec. 31, 2018USD ($)redemption	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Net loss on repurchases and repayments of debt	$ 9,000,000	$ 29,000,000	$ 17,000,000
Senior debt | OMFH Notes due 2021
Debt Instrument [Line Items]
Debt instrument, face amount	$ 400,000,000
OMFH
Debt Instrument [Line Items]
Number of redemptions | redemption	2
OMFH | Senior debt | OMFH Notes due 2019
Debt Instrument [Line Items]
Debt instrument, face amount	$ 700,000,000
Redemption price	103.375%
OMFH | Senior debt | OMFH Notes due 2021
Debt Instrument [Line Items]
Debt instrument, face amount	$ 800,000,000
Redemption price	103.625%
Net loss on repurchases and repayments of debt	$ 8,000,000

Long-term Debt - Junior Subordi

Long-term Debt - Junior Subordinated Debenture (Details) - Junior subordinated debt	1 Months Ended	12 Months Ended
	Jan. 31, 2007USD ($)	Dec. 31, 2018
Debt Instrument [Line Items]
Debt instrument, face amount	$ 350,000,000
Debt instrument term	60 years
Effective interest rate		4.19%
Tangible equity to tangible managed assets		5.50%
Average fixed charge ratio		1.10
LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		1.75%

Variable Interest Entities - Ca

Variable Interest Entities - Carrying Amount of Consolidated VIEs (Details) - Consolidated VIEs - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Variable Interest Entity [Line Items]
Amounts drawn	$ 0
Cash and cash equivalents
Variable Interest Entity [Line Items]
Assets	2,000,000	$ 4,000,000
Finance receivables | Personal loans
Variable Interest Entity [Line Items]
Assets	8,480,000,000	9,769,000,000
Allowance for finance receivable losses
Variable Interest Entity [Line Items]
Assets	444,000,000	465,000,000
Restricted cash and restricted cash equivalents
Variable Interest Entity [Line Items]
Assets	479,000,000	482,000,000
Other assets
Variable Interest Entity [Line Items]
Assets	26,000,000	20,000,000
Long-term debt
Variable Interest Entity [Line Items]
Liabilities	7,510,000,000	8,688,000,000
Other liabilities
Variable Interest Entity [Line Items]
Liabilities	$ 14,000,000	$ 15,000,000

Variable Interest Entities - Se

Variable Interest Entities - Securitized Borrowings (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total carrying amount	$ 15,178	$ 15,050
Consolidated VIEs
Debt Instrument [Line Items]
Total carrying amount	$ 7,500	$ 8,700
Minimum
Debt Instrument [Line Items]
Revolving period	1 year
Maximum
Debt Instrument [Line Items]
Revolving period	5 years

Variable Interest Entities - Re

Variable Interest Entities - Revolving Conduit Facilities (Details)	12 Months Ended
	Dec. 31, 2018USD ($)facility
Minimum
Line of Credit Facility [Line Items]
Revolving period	1 year
Maximum
Line of Credit Facility [Line Items]
Revolving period	5 years
Consolidated VIEs
Line of Credit Facility [Line Items]
Amounts drawn	$ 0
Consolidated VIEs | Asset-backed Securities, Securitized Loans and Receivables
Line of Credit Facility [Line Items]
Number of facilities | facility	11,000,000
Total borrowing capacity	$ 6,000,000,000
Consolidated VIEs | Asset-backed Securities, Securitized Loans and Receivables | Minimum
Line of Credit Facility [Line Items]
Revolving period	1 year
Debt instrument term	3 years
Consolidated VIEs | Asset-backed Securities, Securitized Loans and Receivables | Maximum
Line of Credit Facility [Line Items]
Revolving period	3 years
Debt instrument term	8 years

Variable Interest Entities - VI

Variable Interest Entities - VIE Interest Expense & Deconsolidated VIEs (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Variable Interest Entity [Line Items]
Interest expense	$ 228	$ 228	$ 220	$ 200	$ 204	$ 207	$ 203	$ 202	$ 876	$ 816	$ 856
Consolidated VIEs
Variable Interest Entity [Line Items]
Interest expense									$ 341	$ 323	$ 341

Insurance - Narrative (Details)

Insurance - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statutory Accounting Practices [Line Items]
Acquisition-related transaction and integration expenses		$ 54	$ 69	$ 108
Reserves related to unearned premiums, claims and benefits		319	325
Reserves related to unearned premiums, claims and benefits ceded to non-affiliated insurance companies		$ 74	95
Dividend period without prior approval		12 months
Percentage of policyholders' surplus		10.00%
Period that the extraordinary dividends can be paid without prior approval		12 months
Maximum percentage of extraordinary dividend		10.00%
AHL
Statutory Accounting Practices [Line Items]
Ordinary dividends		$ 34
Merit and Yosemite
Statutory Accounting Practices [Line Items]
Extraordinary dividends		42	125	63
Merit
Statutory Accounting Practices [Line Items]
Ordinary dividends		37
OneMain | AHL and Triton
Statutory Accounting Practices [Line Items]
Extraordinary dividends		70	111	$ 105
Non Affiliated Entity
Statutory Accounting Practices [Line Items]
Reserves related to unearned premiums, claims and benefits ceded to non-affiliated insurance companies		$ 74	$ 95
OneMain
Statutory Accounting Practices [Line Items]
Acquisition-related transaction and integration expenses	$ 14

Insurance - Components of Unear

Insurance - Components of Unearned Insurance Premium Reserves, Claim Reserves and Benefit Reserves (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Liability for Claims and Claims Adjustment Expense [Line Items]
Claim reserves	$ 117	$ 154	$ 158	$ 177
Subtotal		590
Subtotal	685	737
Total	1,347	1,327
Finance receivable related | Payable to OMH
Liability for Claims and Claims Adjustment Expense [Line Items]
Unearned premium reserves	583	515
Claim reserves	79	75
Subtotal	662	590
Finance receivable related | Third-Party Beneficiaries
Liability for Claims and Claims Adjustment Expense [Line Items]
Unearned premium reserves	100	99
Claim reserves	17	18
Benefit reserves	106	103
Subtotal	223	220
Non-finance receivable related
Liability for Claims and Claims Adjustment Expense [Line Items]
Unearned premium reserves	77	81
Claim reserves	21	61
Benefit reserves	364	375
Subtotal	$ 462	$ 517

Insurance - Change in Reserve f

Insurance - Change in Reserve for Unpaid Claims and Loss Adjustment Expenses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance at beginning of period	$ 154	$ 158	$ 177
Less reinsurance recoverables	(23)	(26)	(26)
Net balance at beginning of period	131	132	151
Additions for losses and loss adjustment expenses incurred to:
Current year	199	188	203
Prior years	10	(5)	20
Total	189	193	183
Reductions for losses and loss adjustment expenses paid related to:
Current year	(118)	(115)	(124)
Prior years	(69)	(78)	(78)
Total	(187)	(193)	(202)
Foreign currency translation adjustment	(1)	(1)	0
Net balance at end of period	132	131	132
Plus reinsurance recoverables	4	23	26
Transfer of reserves	(19)	0	0
Balance at end of period	117	154	158
Shortfall (redundancy) in prior years’ net reserves	$ (10)	$ 5	$ (20)

Insurance - Incurred and Alloca

Insurance - Incurred and Allocated Claims, Cumulated Paid Claims and Adjustment Expenses, Net of Reinsurance (Details) $ in Millions	Dec. 31, 2018USD ($)claim	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for claims and claim adjustment expenses, net of reinsurance	$ 96	$ 112	$ 116
Credit Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	655
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	561
All outstanding liabilities before 2014, net of reinsurance	0
Liabilities for claims and claim adjustment expenses, net of reinsurance	94	90	96
Credit Insurance | 2014
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	122	131	130	$ 132	$ 145
Incurred-but-not-reported Liabilities	$ 1
Cumulative Number of Reported Claims | claim	51,257
Cumulative Frequency	2.70%
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 121	119	113	102	$ 65
Credit Insurance | 2015
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	126	129	129	138
Incurred-but-not-reported Liabilities	$ 2
Cumulative Number of Reported Claims | claim	52,545
Cumulative Frequency	2.80%
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 123	118	107	$ 68
Credit Insurance | 2016
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	133	135	138
Incurred-but-not-reported Liabilities	$ 8
Cumulative Number of Reported Claims | claim	51,611
Cumulative Frequency	2.80%
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 125	114	$ 75
Credit Insurance | 2017
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	129	136
Incurred-but-not-reported Liabilities	$ 19
Cumulative Number of Reported Claims | claim	44,161
Cumulative Frequency	2.40%
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 110	$ 77
Credit Insurance | 2018
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	145
Incurred-but-not-reported Liabilities	$ 64
Cumulative Number of Reported Claims | claim	34,882
Cumulative Frequency	1.80%
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 82

Insurance - Reconciliations of

Insurance - Reconciliations of Net Incurred And Paid Claims Development to the Liability for Claims and Claim Adjustment Expenses (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for claims and claim adjustment expenses, net of reinsurance	$ 96	$ 112	$ 116
Insurance lines other than short-duration	21	22	20
Claim reserves	117	154	158	$ 177
Credit Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for claims and claim adjustment expenses, net of reinsurance	94	90	96
Other short-duration insurance lines
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for claims and claim adjustment expenses, net of reinsurance	2	22	20
Other short-duration insurance lines	$ 0	$ 20	$ 22

Insurance - Average Annual Perc

Insurance - Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (Details) - Credit Insurance	Dec. 31, 2018
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Year 1	56.10%
Year 2	28.90%
Year 3	8.70%
Year 4	4.60%
Year 5	1.80%

Insurance - Statutory Accountin

Insurance - Statutory Accounting (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Yosemite | Property and casualty
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	$ 0	$ 19	$ 11
Statutory capital and surplus	0	42
Triton | Property and casualty
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	18	31	14
Statutory capital and surplus	113	170
Merit | Life and health
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	53	37	20
Statutory capital and surplus	94	79
AHL | Life and health
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	32	34	$ 71
Statutory capital and surplus	$ 129	$ 130

Other Liabilities (Details)

Other Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Other Liabilities Disclosure [Abstract]
Accrued interest on debt	$ 123	$ 58
Accrued expenses and other liabilities	106	79
Salary and benefit liabilities	97	31
Retirement plans	14	5
Insurance liabilities	10	12
Loan principal warranty reserve	6	8
Payables to parent and affiliates	0	189
Other	27	28
Total	$ 383	$ 410

Capital Stock (Details)

Capital Stock (Details)	12 Months Ended
	Dec. 31, 2018class$ / sharesshares	Dec. 31, 2017$ / sharesshares
Equity [Abstract]
Number of classes of authorized capital stock | class	2
Special Stock
Par value (in dollars per share) | $ / shares	$ 0
Shares authorized	25,000,000
Shares issued (in shares)	0	0
Shares outstanding (in shares)	0	0
Common Stock
Par value (in dollars per share) | $ / shares	$ 0.5	$ 0.5
Shares authorized	25,000,000	25,000,000
Shares issued (in shares)	10,160,021	10,160,021
Shares outstanding (in shares)	10,160,021	10,160,021

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Changes, Net of Tax, in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	$ 3,402	$ 3,273	$ 2,908
Other comprehensive income (loss) before reclassifications	(49)	21	41
Reclassification adjustments from accumulated other comprehensive income (loss)	1	(9)	(14)
Impact of AOCI reclassification due to the Tax Act	3
Contribution of OGSC to SFC from SFI	5
Balance at end of period	4,021	3,402	3,273
Unrealized Gains (Losses) Available-for-Sale Securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	4	(1)	(14)
Other comprehensive income (loss) before reclassifications	(35)	14	23
Reclassification adjustments from accumulated other comprehensive income (loss)	1	(9)	(10)
Impact of AOCI reclassification due to the Tax Act	2
Contribution of OGSC to SFC from SFI	0
Balance at end of period	(28)	4	(1)
Retirement Plan Liabilities Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	(1)	(4)	(19)
Other comprehensive income (loss) before reclassifications	(5)	3	15
Reclassification adjustments from accumulated other comprehensive income (loss)	0	0	0
Impact of AOCI reclassification due to the Tax Act	(1)
Contribution of OGSC to SFC from SFI	5
Balance at end of period	(2)	(1)	(4)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	3	(1)	0
Other comprehensive income (loss) before reclassifications	(9)	4	3
Reclassification adjustments from accumulated other comprehensive income (loss)	0	0	(4)
Impact of AOCI reclassification due to the Tax Act	2
Contribution of OGSC to SFC from SFI	0
Balance at end of period	(4)	3	(1)
Total Accumulated Other Comprehensive Income (Loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	6	(6)	(33)
Balance at end of period	$ (34)	$ 6	$ (6)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Reclassification Adjustments From Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reclassification adjustments from accumulated other comprehensive income
Total	$ (1)	$ 9	$ 14
Unrealized gains (losses) on available-for-sale securities
Reclassification adjustments from accumulated other comprehensive income
Total	(1)	9	10
Unrealized gains on foreign currency translation adjustments
Reclassification adjustments from accumulated other comprehensive income
Total	0	0	4
Reclassification out of Accumulated Other Comprehensive Income
Reclassification adjustments from accumulated other comprehensive income
Total	(1)	9	14
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gains (losses) on available-for-sale securities
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income (loss)	(2)	14	15
Income tax effect	1	(5)	(5)
Total	(1)	9	10
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gains on foreign currency translation adjustments
Reclassification adjustments from accumulated other comprehensive income
Reclassification from accumulated other comprehensive income (loss)	$ 0	$ 0	$ 4

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Undistributed foreign earnings	$ 0
Statutory federal income tax rate	21.00%	35.00%	35.00%
Impact of Tax Act	0.00%	21.69%	0.00%
Tax charge as a result of the Tax Act		$ 81,000,000
State
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 614,000,000	704,000,000
Valuation allowance	$ 38,000,000	$ 44,000,000

Lease Commitments, Rent Expen_3

Lease Commitments, Rent Expense, and Contingent Liabilities - Annual Rental Commitments for Operating Leases (Details) $ in Millions	Dec. 31, 2018USD ($)
Lease Commitments
2,019	$ 60
2,020	50
2,021	37
2,022	26
2,023	12
2024 and thereafter	12
Total	$ 197

Income Taxes - Components of In

Income Taxes - Components of Income Before Income Tax Expense (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income before income tax expense - U.S. operations									$ 629	$ 380	$ 380
Income before income tax expense - foreign operations									14	15	17
Income (loss) before income tax expense (benefit)	$ 218	$ 199	$ 55	$ 171	$ 177	$ 105	$ 67	$ 46	$ 643	$ 395	$ 397

Lease Commitments, Rent Expen_4

Lease Commitments, Rent Expense, and Contingent Liabilities - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)request	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Rental expense	$ 72	$ 77	$ 80
Reserve for sales recourse obligations	$ 6	$ 8	$ 13	$ 15
Number of material recourse requests | request	0

Income Taxes - Components of _2

Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current:
Federal									$ 138,000,000	$ 190,000,000	$ 210,000,000
Foreign									2,000,000	2,000,000	1,000,000
State									21,000,000	8,000,000	21,000,000
Total current									161,000,000	200,000,000	232,000,000
Deferred:
Federal									11,000,000	34,000,000	(92,000,000)
Foreign									0	0	5,000,000
State									10,000,000	9,000,000	(18,000,000)
Total deferred									21,000,000	43,000,000	(105,000,000)
Total	$ 51,000,000	$ 47,000,000	$ 43,000,000	$ 41,000,000	$ 161,000,000	$ 44,000,000	$ 20,000,000	$ 18,000,000	$ 182,000,000	$ 243,000,000	$ 127,000,000

Lease Commitments, Rent Expen_5

Lease Commitments, Rent Expense, and Contingent Liabilities - Activity in Reserve for Sales Recourse Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Finance Receivables Reserve for Sales Recourse Obligations [Roll Forward]
Balance at beginning of period	$ 8	$ 13	$ 15
Recourse losses	0	(1)	0
Provision for recourse obligations, net of recoveries	(2)	(4)	(2)
Balance at end of period	$ 6	$ 8	$ 13

Income Taxes - Reconciliations

Income Taxes - Reconciliations of the Statutory Federal Income Tax Rate to the Effective Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	21.00%	35.00%	35.00%
Nondeductible compensation	3.73%	0.00%	0.00%
State income taxes, net of federal	3.68%	2.63%	0.48%
Excess tax expense (benefit) on share-based compensation	0.02%	0.33%	(0.18%)
Return to provision adjustment	0.00%	0.81%	0.26%
Impact of Tax Act	0.00%	21.69%	0.00%
Tax impact of United Kingdom subsidiary liquidation	0.00%	0.00%	(0.54%)
Non-controlling interests	(0.00%)	(0.00%)	(2.49%)
Other, net	(0.08%)	1.09%	(0.66%)
Effective income tax rate	28.35%	61.55%	31.87%

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Beginning and Ending Balances of the Total Amounts of Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 17	$ 15	$ 16	$ 15
Increases in tax positions for current years		1	2
Increases in tax positions for prior years	8	0	0
Lapse in statute of limitations	(6)	(2)	(1)
Balance at end of year	$ 17	$ 15	$ 16

Income Taxes - Components of De

Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets:
Allowance for loan losses	$ 152	$ 146
State taxes, net of federal	60	65
Mark-to-market	35	55
Pension/employee benefits	20	5
Tax interest adjustment	15	14
Fair value of equity and securities investments	7	0
Acquisition costs	5	6
Federal and foreign net operating losses and tax attributes	4	5
Insurance reserves	3	3
Legal and warranty reserve	2	2
Other intangibles	1	2
Other	13	1
Total	317	304
Deferred tax liabilities:
Goodwill	61	41
Debt fair value adjustment	51	44
Deferred loan fees	17	14
Discount - debt exchange	8	11
Deferred insurance commissions	2	2
Fair value of equity and securities investments	0	5
Other	7	6
Total	146	123
Net deferred tax assets before valuation allowance	171	181
Valuation allowance	(41)	(44)
Net deferred tax assets	$ 130	$ 137

Benefit Plans - Pension Plans (

Benefit Plans - Pension Plans (Details) - Pension Plan	12 Months Ended
	Dec. 31, 2018
U.S.
Defined Benefit Plan Disclosure [Line Items]
Minimum eligibility age to participate in the plan	21 years
Continuous service period required to participate in the plan	12 months
Vesting period	5 years
Normal retirement age	65 years
Maximum credited service period	44 years
Puerto Rico
Defined Benefit Plan Disclosure [Line Items]
Minimum eligibility age to participate in the plan	21 years
Continuous service period required to participate in the plan	1 year

Benefit Plans - 401(K) Plans (D

Benefit Plans - 401(K) Plans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
U.S.
Defined Contribution Plan Disclosure [Line Items]
Maximum employer matching contribution	100.00%	100.00%	100.00%
Percentage of employee salary eligible for employer matching contribution	4.00%	4.00%	4.00%
Maximum employer discretionary profit sharing contribution as a percentage of annual pay	4.00%
Salaries and benefit expense related to plan	$ 17,000,000	$ 16,000,000	$ 21,000,000
Puerto Rico
Defined Contribution Plan Disclosure [Line Items]
Salaries and benefit expense related to plan	$ 0	$ 0	$ 0
Puerto Rico | First 3% of Salary
Defined Contribution Plan Disclosure [Line Items]
Maximum employer matching contribution	100.00%
Percentage of employee salary eligible for employer matching contribution	3.00%
Puerto Rico | Next 3% of Salary
Defined Contribution Plan Disclosure [Line Items]
Maximum employer matching contribution	50.00%
Percentage of employee salary eligible for employer matching contribution	3.00%

Benefit Plans - Obligations and

Benefit Plans - Obligations and Funded Status (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair value of plan assets
Fair value of plan assets, beginning of period	$ 308	$ 341		$ 308	$ 341
Benefits paid:
Fair value of plan assets, end of period	308	341
Pension Plan
Project benefit obligation
Projected benefit obligation, beginning of period	320	354	$ 385	320	354	$ 385	$ 388
Interest cost	11	13	16
Actuarial loss (gain)	(30)	17	(6)
Benefits paid:
Plan assets	(15)	(14)	(13)
Settlement	0	(47)	0
Projected benefit obligation, end of period	320	354	385
Fair value of plan assets
Fair value of plan assets, beginning of period	308	341	354	308	341	354	$ 333
Actual return on plan assets, net of expenses	(19)	47	33
Company contributions	1	1	1
Benefits paid:
Plan assets	(15)	(14)	(13)
Settlement	0	(47)	0
Fair value of plan assets, end of period	308	341	354
Funded status, end of period				(12)	(13)	(31)
Other liabilities recognized in the consolidated balance sheet				(12)	(13)	(31)
Pretax net gain (loss) recognized in accumulated other comprehensive income or loss				(3)	4	(7)
Pension Plan | U.S.
Benefits paid:
Accumulated benefit obligation				320	354
Pension Plan | Nonqualified Plan | Unfunded Plan
Project benefit obligation
Projected benefit obligation, beginning of period	9	10	10	$ 9	$ 10	$ 10
Benefits paid:
Projected benefit obligation, end of period	$ 9	$ 10	$ 10

Benefit Plans - PBO and ABO and

Benefit Plans - PBO and ABO and Net Periodic Benefit Cost (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other changes in plan assets and projected benefit obligation recognized in other comprehensive income or loss:
Total recognized in other comprehensive income or loss	$ 8,000,000	$ (4,000,000)	$ (22,000,000)
Pension Plan
PBO and ABO Exceeds Fair Value of Plan Assets
Projected benefit obligation	320,000,000	354,000,000
Accumulated benefit obligation	320,000,000	354,000,000
Fair value of plan assets	308,000,000	341,000,000
Components of net periodic benefit cost:
Interest cost	11,000,000	13,000,000	16,000,000
Expected return on assets	(18,000,000)	(18,000,000)	(17,000,000)
Settlement gain	0	(2,000,000)	0
Net periodic benefit cost	(7,000,000)	(7,000,000)	(1,000,000)
Other changes in plan assets and projected benefit obligation recognized in other comprehensive income or loss:
Net actuarial loss (gain)	7,000,000	(12,000,000)	(22,000,000)
Amortization of net actuarial gain (loss)	0	2,000,000	0
Total recognized in other comprehensive income or loss	7,000,000	(10,000,000)	(22,000,000)
Total recognized in net periodic benefit cost and other comprehensive income or loss	0	$ (17,000,000)	$ (23,000,000)
Estimated net loss (less than)	1,000,000
Estimated prior service credit	$ 0

Benefit Plans - Assumptions (De

Benefit Plans - Assumptions (Details) - Pension Plan	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Projected benefit obligation:
Discount rate	4.12%	3.49%
Net periodic benefit costs:
Discount rate	3.49%	4.04%
Expected long-term rate of return on plan assets	5.27%	5.28%

Benefit Plans - Allocation of P

Benefit Plans - Allocation of Plan Assets (Details) - Pension Plan	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Expected long-term rate of return on plan assets	5.27%	5.28%
Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Actual asset allocation (as a percent)	95.00%
Target asset allocation (as a percent)	94.00%
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Actual asset allocation (as a percent)	1.00%
Target asset allocation (as a percent)	6.00%
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Actual asset allocation (as a percent)	4.00%
U.S.
Defined Benefit Plan Disclosure [Line Items]
Expected long-term rate of return on plan assets	5.30%
Puerto Rico
Defined Benefit Plan Disclosure [Line Items]
Expected long-term rate of return on plan assets	5.80%

Benefit Plans - Expected Cash F

Benefit Plans - Expected Cash Flows (Details) - Pension Plan $ in Millions	Dec. 31, 2018USD ($)
Pension
2,019	$ 15
2,020	15
2,021	16
2,022	16
2,023	16
2024-2028	$ 86

Benefit Plans - Fair Value of P

Benefit Plans - Fair Value of Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	$ 308	$ 341
Level 1
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	4	2
Level 2
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	304	339
Level 3
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	4	2
Cash and cash equivalents | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	4	2
Cash and cash equivalents | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Cash and cash equivalents | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Equity securities: U.S.
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	7	23
Equity securities: U.S. | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Equity securities: U.S. | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	7	23
Equity securities: U.S. | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Equity securities: International
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	6	24
Equity securities: International | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Equity securities: International | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	6	24
Equity securities: International | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Fixed income securities: U.S. investment grade
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	287	281
Fixed income securities: U.S. investment grade | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Fixed income securities: U.S. investment grade | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	287	281
Fixed income securities: U.S. investment grade | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Fixed income securities: U.S. high yield
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	4	11
Fixed income securities: U.S. high yield | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	0	0
Fixed income securities: U.S. high yield | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	4	11
Fixed income securities: U.S. high yield | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total fair value of plan assets	$ 0	$ 0

Share-Based Compensation - Omni

Share-Based Compensation - Omnibus Incentive Plan Narrative (Details) - USD ($)	May 25, 2016	Oct. 16, 2013	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Share-Based Compensation Plan and Restricted Stock Units and Awards
Number of shares of common stock authorized (in shares)				13,215,718
Number of shares subject to outstanding equity awards (in shares)				838,326
Percentage of number of outstanding shares over number of shares reserved and available for issuance by which number of shares reserved is adjusted (in shares)				10.00%
Share-based compensation expense				$ 21,000,000	$ 17,000,000	$ 22,000,000
Total income tax benefit recognized for stock-based compensation				6,000,000	$ 6,000,000	$ 8,000,000
Unrecognized compensation expense				$ 15,000,000
Weighted average period over which unrecognized compensation expense expected is to be recognized				9 months 22 days
Service-based Awards
Share-Based Compensation Plan and Restricted Stock Units and Awards
Granted during the period (in dollars per share)				$ 31.55	$ 27.85	$ 26.14
Fair value of service based awards vested in period				$ 23,000,000	$ 18,000,000	$ 10,000,000
Granted (in shares)				489,601
RSUs
Share-Based Compensation Plan and Restricted Stock Units and Awards
Vesting period of award without rights		4 years 2 months 12 days
RSAs
Share-Based Compensation Plan and Restricted Stock Units and Awards
Vesting period of award with rights		3 years
PRSUs
Share-Based Compensation Plan and Restricted Stock Units and Awards
Vesting period of award with rights				2 years
Granted during the period (in dollars per share)				$ 24.98	$ 24.98
Fair value of service based awards vested in period				$ 3,000,000	$ 2,000,000	$ 4,000,000
Performance targets, probability of occurring							100.00%
Share-based compensation expense							$ 6,000,000
Performance targets, achieved			100.00%
Granted (in shares)				13,420		0
Non-Employee Directors
Share-Based Compensation Plan and Restricted Stock Units and Awards
Maximum cash and equity-based awards to non-employee directors per calendar year	$ 500,000

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Stock Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Service-based Awards
Number of Shares
Unvested as of beginning of period (in shares)	1,141,610
Granted (in shares)	489,601
Vested (in shares)	(765,659)
Forfeited (in shares)	(170,960)
Unvested as of end of period (in shares)	694,592	1,141,610
Weighted Average Grant Date Fair Value
Unvested as of beginning of period (in dollars per share)	$ 34.87
Granted (in dollars per share)	31.55	$ 27.85	$ 26.14
Vested (in dollars per share)	30.56
Forfeited (in dollars per share)	33.14
Unvested as of end of period (in dollars per share)	$ 37.70	$ 34.87
Weighted Average Remaining Term (in Years)	1 year 6 months 29 days
PRSUs
Number of Shares
Unvested as of beginning of period (in shares)	269,626
Granted (in shares)	13,420		0
Vested (in shares)	(126,497)
Forfeited (in shares)	(12,815)
Unvested as of end of period (in shares)	143,734	269,626
Weighted Average Grant Date Fair Value
Unvested as of beginning of period (in dollars per share)	$ 26.14
Granted (in dollars per share)	24.98	$ 24.98
Vested (in dollars per share)	24.83
Forfeited (in dollars per share)	34.84
Unvested as of end of period (in dollars per share)	$ 26.40	$ 26.14
Weighted Average Remaining Term (in Years)	7 months 10 days

Share-Based Compensation - Ince

Share-Based Compensation - Incentive Units Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Subsidiary, Sale of Stock [Line Items]
Non-cash incentive compensation from SFH		$ 110,000,000	$ 0	$ 0
Share-based compensation expense		21,000,000	17,000,000	22,000,000
Incentive Units
Subsidiary, Sale of Stock [Line Items]
Share-based compensation expense			$ 0	$ 0
OneMain | Apollo-Värde Group
Subsidiary, Sale of Stock [Line Items]
Non-cash incentive compensation from SFH		$ 106,000,000
OneMain | Affiliates of Fortress or AIG
Subsidiary, Sale of Stock [Line Items]
Non-cash incentive compensation from SFH	$ 4,000,000

Segment Information (Details)

Segment Information (Details) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018USD ($)state	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)statesegment	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of segments | segment									2
Interest income	$ 956	$ 930	$ 902	$ 860	$ 853	$ 806	$ 772	$ 756	$ 3,648	$ 3,187	$ 3,096
Interest expense	228	228	220	200	204	207	203	202	876	816	856
Provision for finance receivable losses	277	254	259	253	229	242	233	243	1,043	947	929
Net interest income (loss) after provision for finance receivable losses									1,729	1,424	1,311
Other revenues									560	540	587
Net gain on sale of SpringCastle interests									0	0	167
Acquisition-related transaction and integration expenses									54	69	108
Other expenses									1,592	1,500	1,560
Income (loss) before income tax expense (benefit)	218	$ 199	$ 55	$ 171	177	$ 105	$ 67	$ 46	643	395	397
Income before income taxes attributable to non-controlling interests											28
Income (loss) before income tax expense (benefit) attributable to Springleaf Finance Corporation											369
Assets	$ 20,309				19,645				$ 20,309	19,645	18,340
Consumer and Insurance
Segment Reporting Information [Line Items]
Number of states in which entity operates | state	44								44
Operating Segments | Consumer and Insurance
Segment Reporting Information [Line Items]
Interest income									$ 3,667	3,296	3,314
Interest expense									845	765	738
Provision for finance receivable losses									1,042	955	908
Net interest income (loss) after provision for finance receivable losses									1,780	1,576	1,668
Other revenues									495	549	609
Net gain on sale of SpringCastle interests											0
Acquisition-related transaction and integration expenses									47	66	100
Other expenses									1,441	1,458	1,461
Income (loss) before income tax expense (benefit)									787	601	716
Income before income taxes attributable to non-controlling interests											0
Income (loss) before income tax expense (benefit) attributable to Springleaf Finance Corporation											716
Assets	$ 17,885				16,793				17,885	16,793	15,783
Operating Segments | Acquisitions and Servicing
Segment Reporting Information [Line Items]
Interest income									0	0	102
Interest expense									0	0	20
Provision for finance receivable losses									0	0	14
Net interest income (loss) after provision for finance receivable losses									0	0	68
Other revenues									3	0	0
Net gain on sale of SpringCastle interests											167
Acquisition-related transaction and integration expenses									0	0	1
Other expenses									8	2	16
Income (loss) before income tax expense (benefit)									(5)	(2)	218
Income before income taxes attributable to non-controlling interests											28
Income (loss) before income tax expense (benefit) attributable to Springleaf Finance Corporation											190
Assets	0				0				0	0	0
Other
Segment Reporting Information [Line Items]
Interest income									17	23	51
Interest expense									17	21	43
Provision for finance receivable losses									(5)	7	6
Net interest income (loss) after provision for finance receivable losses									5	(5)	2
Other revenues									10	23	(16)
Net gain on sale of SpringCastle interests											0
Acquisition-related transaction and integration expenses									0	6	27
Other expenses									122	11	29
Income (loss) before income tax expense (benefit)									(107)	1	(70)
Income before income taxes attributable to non-controlling interests											0
Income (loss) before income tax expense (benefit) attributable to Springleaf Finance Corporation											(70)
Assets	357				680				357	680	590
Segment to GAAP Adjustment
Segment Reporting Information [Line Items]
Interest income									(36)	(132)	(371)
Interest expense									14	30	55
Provision for finance receivable losses									6	(15)	1
Net interest income (loss) after provision for finance receivable losses									(56)	(147)	(427)
Other revenues									52	(32)	(6)
Net gain on sale of SpringCastle interests											0
Acquisition-related transaction and integration expenses									7	(3)	(20)
Other expenses									21	29	54
Income (loss) before income tax expense (benefit)									(32)	(205)	(467)
Income before income taxes attributable to non-controlling interests											0
Income (loss) before income tax expense (benefit) attributable to Springleaf Finance Corporation											(467)
Assets	$ 2,067				$ 2,172				$ 2,067	$ 2,172	$ 1,967

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value & Carrying Value Hierarchy Basis (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets
Notes receivables from parent	$ 260	$ 391
Restricted cash and restricted cash equivalents	499	498	$ 568
Liabilities
Carrying value of receivables from parent and affiliates	18	4
Total Fair Value
Assets
Cash and cash equivalents	663	958
Investment securities	1,694	1,697
Net finance receivables, less allowance for finance receivable losses	16,692	15,607
Finance receivables held for sale	103	139
Notes receivables from parent	260	391
Restricted cash and restricted cash equivalents	499	498
Other assets	34	16
Liabilities
Long-term debt	15,041	15,625
Other liabilities		189
Total Carrying Value
Assets
Cash and cash equivalents	663	958
Investment securities	1,694	1,697
Net finance receivables, less allowance for finance receivable losses	15,396	14,217
Finance receivables held for sale	103	132
Notes receivables from parent	260	391
Restricted cash and restricted cash equivalents	499	498
Other assets	34	16
Liabilities
Long-term debt	15,178	15,050
Other liabilities	0	189
Carrying value of receivables from parent and affiliates	18	4
Level 1
Assets
Cash and cash equivalents	602	904
Investment securities	34	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	499	498
Other assets	0	0
Liabilities
Long-term debt	0	0
Other liabilities		0
Level 2
Assets
Cash and cash equivalents	61	54
Investment securities	1,655	1,654
Net finance receivables, less allowance for finance receivable losses	0	0
Finance receivables held for sale	0	0
Notes receivables from parent	260	391
Restricted cash and restricted cash equivalents	0	0
Other assets	19	4
Liabilities
Long-term debt	15,041	15,625
Other liabilities		189
Level 3
Assets
Cash and cash equivalents	0	0
Investment securities	5	7
Net finance receivables, less allowance for finance receivable losses	16,692	15,607
Finance receivables held for sale	103	139
Notes receivables from parent	0	0
Restricted cash and restricted cash equivalents	0	0
Other assets	15	12
Liabilities
Long-term debt	$ 0	0
Other liabilities		$ 0

Fair Value Measurements - Asset

Fair Value Measurements - Assets at Fair Value Recurring Basis (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Investment securities:
Total available-for-sale securities	$ 1,607	$ 1,578
Other securities	87	118
Debt securities, trading	46	74
Total Carrying Value
Assets
Cash equivalents in securities	663	958
Investment securities:
Total investment securities	1,694	1,697
U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	21	28
Obligations of states, municipalities, and political subdivisions
Investment securities:
Total available-for-sale securities	90	135
Certificates of deposit and commercial paper
Investment securities:
Total available-for-sale securities	63	60
Corporate debt
Investment securities:
Total available-for-sale securities	997	948
Debt securities, trading	43	68
RMBS
Investment securities:
Total available-for-sale securities	128	99
CMBS
Investment securities:
Total available-for-sale securities	71	87
CDO/ABS
Investment securities:
Total available-for-sale securities	94	96
Common stock | Total Carrying Value
Investment securities:
Total available-for-sale securities		1
Level 1
Assets
Cash equivalents in securities	602	904
Investment securities:
Total investment securities	34	36
Level 2
Assets
Cash equivalents in securities	61	54
Investment securities:
Total investment securities	1,655	1,654
Level 3
Assets
Cash equivalents in securities	0	0
Investment securities:
Total investment securities	5	7
Fair Value, Measurements, Recurring
Assets
Cash equivalents in mutual funds	415	688
Cash equivalents in securities	61	54
Investment securities:
Total available-for-sale securities	1,607	1,578
Other securities	87	118
Total investment securities	1,694	1,696
Restricted cash in mutual funds	482	484
Total	2,652	2,922
Fair Value, Measurements, Recurring | Bonds:
Investment securities:
Other securities	46	74
Fair Value, Measurements, Recurring | U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	21	28
Fair Value, Measurements, Recurring | Obligations of states, municipalities, and political subdivisions
Investment securities:
Total available-for-sale securities	90	135
Fair Value, Measurements, Recurring | Certificates of deposit and commercial paper
Investment securities:
Total available-for-sale securities	63	60
Fair Value, Measurements, Recurring | Non-U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	143	125
Other securities	1	1
Fair Value, Measurements, Recurring | Corporate debt
Investment securities:
Total available-for-sale securities	997	948
Other securities	43	68
Fair Value, Measurements, Recurring | RMBS
Investment securities:
Total available-for-sale securities	128	99
Other securities	1	1
Fair Value, Measurements, Recurring | CMBS
Investment securities:
Total available-for-sale securities	71	87
Fair Value, Measurements, Recurring | CDO/ABS
Investment securities:
Total available-for-sale securities	94	96
Other securities	1	4
Fair Value, Measurements, Recurring | Preferred stock
Investment securities:
Other securities		20
Debt securities, trading	19
Fair Value, Measurements, Recurring | Common stock
Investment securities:
Other securities		23
Debt securities, trading	21
Fair Value, Measurements, Recurring | Other long-term investments
Investment securities:
Other securities		1
Debt securities, trading	1
Fair Value, Measurements, Recurring | Level 1
Assets
Cash equivalents in mutual funds	415	688
Cash equivalents in securities	0	0
Investment securities:
Total available-for-sale securities	0	0
Other securities	34	36
Total investment securities	34	36
Restricted cash in mutual funds	482	484
Total	931	1,208
Fair Value, Measurements, Recurring | Level 1 | Bonds:
Investment securities:
Other securities	0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Obligations of states, municipalities, and political subdivisions
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Certificates of deposit and commercial paper
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Non-U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	0	0
Other securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Corporate debt
Investment securities:
Total available-for-sale securities	0	0
Other securities	0	0
Fair Value, Measurements, Recurring | Level 1 | RMBS
Investment securities:
Total available-for-sale securities	0	0
Other securities	0	0
Fair Value, Measurements, Recurring | Level 1 | CMBS
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 1 | CDO/ABS
Investment securities:
Total available-for-sale securities	0	0
Other securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Preferred stock
Investment securities:
Other securities		13
Debt securities, trading	13
Fair Value, Measurements, Recurring | Level 1 | Common stock
Investment securities:
Other securities		23
Debt securities, trading	21
Fair Value, Measurements, Recurring | Level 1 | Other long-term investments
Investment securities:
Other securities		0
Debt securities, trading	0
Fair Value, Measurements, Recurring | Level 2
Assets
Cash equivalents in mutual funds	0	0
Cash equivalents in securities	61	54
Investment securities:
Total available-for-sale securities	1,604	1,575
Other securities	51	79
Total investment securities	1,655	1,654
Restricted cash in mutual funds	0	0
Total	1,716	1,708
Fair Value, Measurements, Recurring | Level 2 | Bonds:
Investment securities:
Other securities	45	72
Fair Value, Measurements, Recurring | Level 2 | U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	21	28
Fair Value, Measurements, Recurring | Level 2 | Obligations of states, municipalities, and political subdivisions
Investment securities:
Total available-for-sale securities	90	135
Fair Value, Measurements, Recurring | Level 2 | Certificates of deposit and commercial paper
Investment securities:
Total available-for-sale securities	63	60
Fair Value, Measurements, Recurring | Level 2 | Non-U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	143	125
Other securities	1	1
Fair Value, Measurements, Recurring | Level 2 | Corporate debt
Investment securities:
Total available-for-sale securities	995	946
Other securities	42	66
Fair Value, Measurements, Recurring | Level 2 | RMBS
Investment securities:
Total available-for-sale securities	128	99
Other securities	1	1
Fair Value, Measurements, Recurring | Level 2 | CMBS
Investment securities:
Total available-for-sale securities	71	87
Fair Value, Measurements, Recurring | Level 2 | CDO/ABS
Investment securities:
Total available-for-sale securities	93	95
Other securities	1	4
Fair Value, Measurements, Recurring | Level 2 | Preferred stock
Investment securities:
Other securities		7
Debt securities, trading	6
Fair Value, Measurements, Recurring | Level 2 | Common stock
Investment securities:
Other securities		0
Debt securities, trading	0
Fair Value, Measurements, Recurring | Level 2 | Other long-term investments
Investment securities:
Other securities		0
Debt securities, trading	0
Fair Value, Measurements, Recurring | Level 3
Assets
Cash equivalents in mutual funds	0	0
Cash equivalents in securities	0	0
Investment securities:
Total 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
Fair Value, Measurements, Recurring | Level 3 | Bonds:
Investment securities:
Other securities	1	2
Fair Value, Measurements, Recurring | Level 3 | U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Obligations of states, municipalities, and political subdivisions
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Certificates of deposit and commercial paper
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Non-U.S. government and government sponsored entities
Investment securities:
Total available-for-sale securities	0	0
Other securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Corporate debt
Investment securities:
Total available-for-sale securities	2	2
Other securities	1	2
Fair Value, Measurements, Recurring | Level 3 | RMBS
Investment securities:
Total available-for-sale securities	0	0
Other securities	0	0
Fair Value, Measurements, Recurring | Level 3 | CMBS
Investment securities:
Total available-for-sale securities	0	0
Fair Value, Measurements, Recurring | Level 3 | CDO/ABS
Investment securities:
Total available-for-sale securities	1	1
Other securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Preferred stock
Investment securities:
Other securities		0
Debt securities, trading	0
Fair Value, Measurements, Recurring | Level 3 | Common stock
Investment securities:
Other securities		0
Debt securities, trading	0
Fair Value, Measurements, Recurring | Level 3 | Other long-term investments
Investment securities:
Other securities		$ 1
Debt securities, trading	$ 1

Fair Value Measurements - Non-R

Fair Value Measurements - Non-Recurring Basis (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Impairment Charges
Finance receivables held for sale	$ 1,097	$ 1,047	$ 872
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables held for sale	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables held for sale	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables held for sale	103	139
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables held for sale	103	6
Real estate owned	6
Impairment Charges
Finance receivables held for sale	16
Real estate owned	3	3
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables held for sale	0	0
Real estate owned	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables held for sale	0	0
Real estate owned	0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables held for sale	103	$ 6
Real estate owned	$ 6

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details)	Dec. 31, 2018USD ($)
Fair Value Disclosures [Abstract]
Debt carried at fair value under the fair value option	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event	Feb. 11, 2019USD ($)$ / shares
Subsequent Event [Line Items]
Authorized dividend	$ 36,000,000
OneMain
Subsequent Event [Line Items]
Initial quarterly dividend declared (in dollars per share) | $ / shares	$ 0.25
SFI
Subsequent Event [Line Items]
Authorized dividend	$ 36,000,000

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Unaudited) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 956	$ 930	$ 902	$ 860	$ 853	$ 806	$ 772	$ 756	$ 3,648	$ 3,187	$ 3,096
Interest expense	228	228	220	200	204	207	203	202	876	816	856
Provision for finance receivable losses	277	254	259	253	229	242	233	243	1,043	947	929
Other revenues	151	140	138	131	139	149	117	135	560	540	754
Other expenses	384	389	506	367	382	401	386	400	1,646	1,569	1,668
Income (loss) before income tax expense (benefit)	218	199	55	171	177	105	67	46	643	395	397
Income taxes	51	47	43	41	161	44	20	18	182	243	127
Net income	$ 167	$ 152	$ 12	$ 130	$ 16	$ 61	$ 47	$ 28	$ 461	$ 152	$ 270