CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Cash flows from operating activities
Net income (loss)	$ (5)		$ 106
Loss from discontinued operations	0		(6)
Income (loss) from continuing operations	(5)		112
Adjustments to reconcile income (loss) to net cash used in operating activities:
Provision for credit losses	27	[1]	2
Lower of amortized cost or fair value adjustment on receivables held for sale	17		(111)
Gain on sale of real estate owned, including lower of amortized cost or fair value adjustments	0		(8)
Depreciation and amortization	2		2
Mark-to-market on debt designated at fair value and related derivatives	2		37
Foreign exchange and derivative movements on long-term debt and net change in non-fair value option related derivative assets and liabilities	(447)		(38)
Net change in other assets	(187)		(1)
Net change in other liabilities	20		(25)
Other, net	42		13
Cash used in operating activities – continuing operations	(529)		(17)
Cash provided by (used in) operating activities – discontinued operations	27		(21)
Cash used in operating activities	(502)		(38)
Cash flows from investing activities
Net change in securities purchased under agreements to resell	536		1,698
Net change in interest bearing deposits with banks	(1)		0
Receivables:
Net collections	484		477
Proceeds from sales of real estate owned	48		181
Purchases of properties and equipment	0		(1)
Cash provided by investing activities – continuing operations	1,067		2,355
Cash provided by investing activities – discontinued operations	0		0
Cash provided by investing activities	1,067		2,355
Debt:
Net change in due to affiliates	0		(1)
Long-term debt retired	(545)		(2,224)
Shareholders’ dividends	(32)		(32)
Cash used in financing activities – continuing operations	(577)		(2,257)
Cash used in financing activities – discontinued operations	0		0
Cash used in financing activities	(577)		(2,257)
Net change in cash	(12)		60
Cash at beginning of period	175	[2]	198	[2]
Cash at end of period	163	[3]	258	[3]
Supplemental Noncash Investing and Capital Activities:
Fair value of properties added to real estate owned	39		88
Transfer of receivables to held for sale	$ 296		$ 254

[1] The provision for credit losses for real estate secured receivables during the first quarter of 2015 was impacted by a release of approximately $19 million associated with a correction to our credit loss reserve calculation for a segment of our portfolio.

[2] Cash at beginning of period includes $17 million and $23 million for discontinued operations as of January 1, 2015 and 2014, respectively.

[3] Cash at end of period includes $16 million and $21 million for discontinued operations as of March 31, 2015 and 2014, respectively.