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Consolidated Statements of Operations - OMFC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income $ 4,435 $ 4,364 $ 4,368
Interest expense 892 937 1,027
Net interest income 3,543 3,427 3,341
Provision for finance receivable losses 1,402 593 1,319
Net interest income after provision for finance receivable losses 2,141 2,834 2,022
Other revenues:      
Insurance 445 434 443
Investment 61 65 75
Gain on sales of finance receivables 63 47 0
Net loss on repurchases and repayments of debt (27) (78) (39)
Other 87 63 47
Total other revenues 629 531 526
Other expenses:      
Salaries and benefits 836 839 756
Other operating expenses 621 609 573
Insurance policy benefits and claims 150 176 242
Total other expenses 1,607 1,624 1,571
Income before income taxes 1,163 1,741 977
Income taxes 285 427 247
Net income 878 1,314 730
OMFC      
Interest income 4,435 4,364 4,368
Interest expense 892 937 1,027
Net interest income 3,543 3,427 3,341
Provision for finance receivable losses 1,402 593 1,319
Net interest income after provision for finance receivable losses 2,141 2,834 2,022
Other revenues:      
Insurance 445 434 443
Investment 61 65 75
Gain on sales of finance receivables 63 47 0
Net loss on repurchases and repayments of debt (27) (78) (39)
Other 87 63 47
Total other revenues 629 531 526
Other expenses:      
Salaries and benefits 836 839 756
Other operating expenses 621 609 573
Insurance policy benefits and claims 150 176 242
Total other expenses 1,607 1,624 1,571
Income before income taxes 1,163 1,741 977
Income taxes 285 427 247
Net income $ 878 $ 1,314 $ 730