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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net income (loss) $ 243 $ (93) $ 589
Reconciling adjustments:      
Provision for finance receivable losses 932 716 423
Depreciation and amortization 521 198 23
Deferred income tax benefit (97) (209) (5)
Non-cash incentive compensation from Initial Stockholder 0 15  
Net gain on liquidation of United Kingdom subsidiary (4) 0 0
Net gain on sales of personal and real estate loans and related trust assets (18) 0 (648)
Net loss on repurchases and repayments of debt 17 0 66
Share-based compensation expense, net of forfeitures 22 15 6
Net gain on sale of SpringCastle interests (167) 0 0
Other (8) (4) 34
Cash flows due to changes in:      
Other assets and other liabilities (10) (30) (30)
Insurance claims and policyholder liabilities (64) 27 51
Taxes receivable and payable (47) 113 (98)
Accrued interest and finance charges 0 (14) (36)
Restricted cash and cash equivalents not reinvested 4 0 5
Other, net 2 1 1
Net cash provided by operating activities 1,326 735 381
Cash flows from investing activities      
Net principal collections (originations) of finance receivables held for investment and held for sale (1,203) (1,037) 235
Proceeds on sales of finance receivables held for sale originated as held for investment 930 78 3,799
Purchase of OneMain Financial Holdings, LLC, net of cash acquired 0 (3,902) 0
Proceeds from sale of SpringCastle interests 101 0 0
Cash received from CitiFinancial Credit Company 23 0 0
Available-for-sale securities purchased (746) (525) (351)
Trading and other securities purchased (17) (1,482) (2,978)
Available-for-sale securities called, sold, and matured 837 525 291
Trading and other securities called, sold, and matured 63 3,797 687
Change in restricted cash and cash equivalents 29 (70) 112
Proceeds from sale of real estate owned 8 14 59
Other, net (27) (36) (13)
Net cash provided by (used for) investing activities (2) (2,638) 1,841
Cash flows from financing activities      
Proceeds from issuance of long-term debt, net of commissions 6,660 3,027 3,557
Proceeds from issuance of common stock, net of offering costs 0 976 0
Repayments of long-term debt (8,320) (1,960) (4,691)
Distributions to joint venture partners (18) (77) (638)
Excess tax benefit from share-based compensation 0 3 0
Withholding tax on vested RSUs and PRSUs (7) (5) (1)
Net cash provided by (used for) financing activities (1,685) 1,964 (1,773)
Effect of exchange rate changes on cash and cash equivalents 1 (1) (1)
Net change in cash and cash equivalents (360) 60 448
Cash and cash equivalents at beginning of period 939 879 431
Cash and cash equivalents at end of period 579 939 879
Supplemental cash flow information      
Interest paid (765) (594) (541)
Income taxes received (paid) (249) 38 (375)
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) 1,945 617 7,079
Transfer of finance receivables to real estate owned 8 11 49
Net unsettled investment security purchases $ 1 $ 0 $ (7)