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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
 
2015
 
2014
  
Fourth
 
Third
 
Second
 
First
 
Fourth
 
Third
 
Second
 
First
 
(in millions)
Net interest income
$
169

 
$
182

  
$
168

 
$
184

 
$
201

 
$
210

 
$
225

 
$
232

Provision for credit losses
13

 
18

 
192

 
27

 
(127
)
 
(43
)
 
(197
)
 
2

Net interest income (loss) after provision for credit losses
156

 
164

 
(24
)
 
157

 
328

 
253

 
422

 
230

Other revenues
93

 
(98
)
 
138

 
(42
)
 
(72
)
 
169

 
47

 
82

Operating expenses
507

 
232

 
522

 
148

 
176

 
174

 
121

 
217

Income (loss) from continuing operations before income tax (expense) benefit
(258
)
 
(166
)
 
(408
)
 
(33
)
 
80

 
248

 
348

 
95

Income tax expense (benefit)
(114
)
 
(129
)
 
(200
)
 
(28
)
 
42

 
87

 
112

 
(17
)
Income (loss) from continuing operations
(144
)
 
(37
)
 
(208
)
 
(5
)
 
38

 
161

 
236

 
112

Loss from discontinued operations
(29
)
 

 
(8
)
 

 
(2
)
 
(9
)
 
(7
)
 
(6
)
Net income (loss)
$
(173
)
 
$
(37
)
 
$
(216
)
 
$
(5
)
 
$
36

 
$
152

 
$
229

 
$
106