CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities
Net loss		$ (74)	$ (5)
Loss from discontinued operations		(4)	0
Loss from continuing operations		(70)	(5)
Adjustments to reconcile loss from continuing operations to net cash used in operating activities:
Provision for credit losses	[1]	37	27
Lower of amortized cost or fair value adjustment on receivables held for sale		55	17
(Gain) loss on sale of real estate owned, including lower of amortized cost or fair value adjustments		(1)	0
Depreciation and amortization		1	2
Mark-to-market on debt designated at fair value and related derivatives		(8)	2
Foreign exchange and derivative movements on long-term debt and net change in non-fair value option related derivative assets and liabilities		65	(447)
Net change in other assets		(145)	(187)
Net change in other liabilities		(162)	20
Other, net		6	42
Cash provided by (used in) operating activities – continuing operations		(222)	(529)
Cash provided by (used in) operating activities – discontinued operations		3	27
Cash provided by (used in) operating activities		(219)	(502)
Cash flows from investing activities
Net change in securities purchased under agreements to resell		1,945	536
Net change in interest bearing deposits with banks		0	(1)
Receivables:
Net collections		510	484
Proceeds from sales of real estate owned		39	48
Sales (purchases) of properties and equipment		2	0
Cash provided by investing activities – continuing operations		2,496	1,067
Cash provided by investing activities – discontinued operations		0	0
Cash provided by investing activities		2,496	1,067
Debt:
Net change in due to affiliates		(151)	0
Long-term debt retired		(2,113)	(545)
Shareholders’ dividends		(32)	(32)
Cash used in financing activities – continuing operations		(2,296)	(577)
Cash used in financing activities – discontinued operations		0	0
Cash used in financing activities		(2,296)	(577)
Net change in cash		(19)	(12)
Cash at beginning of period	[2]	136	175
Cash at end of period	[3]	117	163
Supplemental Noncash Investing and Capital Activities:
Fair value of properties added to real estate owned		19	39
Transfer of receivables to held for sale		$ 230	$ 296

[1] The provision for credit losses and charge-offs for real estate secured receivables during the three months ended March 31, 2016 include $13 million related to the lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 5, "Receivables Held for Sale," for additional information. The provision for credit losses for real estate secured receivables during the three months ended March 31, 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 $12 million and $18 million for discontinued operations as of January 1, 2016 and 2015, respectively.

[3] Cash at end of period includes $11 million and $16 million for discontinued operations as of March 31, 2016 and 2015, respectively.