CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Dec. 31, 2015	Dec. 31, 2014
Assets
Cash		$ 124	$ 157
Interest bearing deposits with banks		0	2,000
Securities purchased under agreements to resell		2,724	3,863
Receivables, net (including $1.7 billion and $3.0 billion at December 31, 2015 and 2014, respectively, collateralizing long-term debt and net of credit loss reserves of $311 million and $2.2 billion at December 31, 2015 and 2014, respectively)		8,987	21,242
Receivables held for sale	[1],[2]	8,265	860
Properties and equipment, net		4	63
Real estate owned		88	159
Deferred income taxes, net		2,923	2,444
Other assets		1,017	1,109
Assets of discontinued operations		13	63
Total assets		24,145	31,960
Debt:
Due to affiliates (including $496 million and $512 million at December 31, 2015 and 2014, respectively, carried at fair value)		5,925	6,945
Long-term debt (including $3.3 billion and $6.8 billion at December 31, 2015 and 2014, respectively, carried at fair value and $879 million and $1.5 billion at December 31, 2015 and 2014, respectively, collateralized by receivables)		9,510	16,427
Total debt		15,435	23,372
Derivative related liabilities		57	82
Liability for postretirement benefits		143	221
Other liabilities		1,773	1,091
Liabilities of discontinued operations		102	71
Total liabilities		17,510	24,837
Common shareholder’s equity:
Common stock ($0.01 par value, 100 shares authorized; 68 shares issued and outstanding at both December 31, 2015 and 2014)		0	0
Additional paid-in-capital		23,245	23,381
Accumulated deficit		(18,199)	(17,768)	[3]
Accumulated other comprehensive income (loss)		14	(65)
Total common shareholder’s equity		5,060	5,548
Total shareholders’ equity		6,635	7,123
Total liabilities and shareholders’ equity		24,145	31,960
Series B Preferred Stock [Member]
Redeemable preferred stock:
Redeemable preferred stock		575	575
Series C Preferred Stock [Member]
Redeemable preferred stock:
Redeemable preferred stock		$ 1,000	$ 1,000

[1] Real estate secured receivables held for sale in the table above are presented net of the valuation allowance.

[2] The balances included in this table reflect the principal amount outstanding on the loan net of any charge-off recorded in accordance with our existing charge-off policies but exclude any basis adjustments to the loan such as unearned income, unamortized deferred fees and costs on originated loans, purchase accounting fair value adjustments and premiums or discounts on purchased loans. Additionally, the balances in this table related to receivables which have been classified as held for sale have been reduced by the lower of amortized cost or fair value adjustment recorded as well as the credit loss reserves associated with these receivables prior to the transfer.

[3] Also reflects the opening balances at January 1, 2015, 2014 and 2013 presented in the consolidated statement of changes in shareholders' equity.