CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Mar. 31, 2016	Dec. 31, 2015
Assets
Cash		$ 106	$ 124
Securities purchased under agreements to resell		779	2,724
Receivables, net (including $1.3 billion and $1.7 billion at March 31, 2016 and December 31, 2015, respectively, collateralizing long-term debt and net of credit loss reserves of $272 million and $311 million at March 31, 2016 and December 31, 2015, respectively)		8,433	8,987
Receivables held for sale	[1]	8,185	8,265
Properties and equipment, net		2	4
Real estate owned		68	88
Deferred income taxes, net		2,959	2,923
Other assets		1,132	1,017
Assets of discontinued operations		16	13
Total assets		21,680	24,145
Debt:
Due to affiliates (including $495 million and $496 million at March 31, 2016 and December 31, 2015, respectively, carried at fair value)		5,774	5,925
Long-term debt (including $1.4 billion and $3.3 billion at March 31, 2016 and December 31, 2015, respectively, carried at fair value and $694 million and $879 million at March 31, 2016 and December 31, 2015, respectively, collateralized by receivables)		7,502	9,510
Total debt		13,276	15,435
Derivative related liabilities		0	57
Liability for postretirement benefits		142	143
Other liabilities		1,611	1,773
Liabilities of discontinued operations		113	102
Total liabilities		15,142	17,510
Common shareholder’s equity:
Common stock ($0.01 par value, 100 shares authorized; 68 shares issued and outstanding at both March 31, 2016 and December 31, 2015)		0	0
Additional paid-in-capital		23,215	23,245
Accumulated deficit		(18,273)	(18,199)
Accumulated other comprehensive income		21	14
Total common shareholder’s equity		4,963	5,060
Total shareholders’ equity		6,538	6,635
Total liabilities and shareholders’ equity		21,680	24,145
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] 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 receivables. 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.