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Selected Quarterly Financial Data (Unaudited) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]                      
Net interest income $ 82 $ 109 $ 140 $ 182 $ 169 $ 182 $ 168 $ 184 $ 513 $ 703 $ 868
Provision for credit losses 0 572 12 37 13 18 192 27 621 [1] 250 [1] (365)
Net interest income after provision for credit losses 82 (463) 128 145 156 164 (24) 157 (108) 453 1,233
Other revenues 141 (11) 392 (133) 93 (98) 138 (42) 389 91 226
Total operating expenses 109 135 713 138 507 232 522 148 1,095 1,409 688
Income (loss) from continuing operations before income tax 114 (609) (193) (126) (258) (166) (408) (33) (814) (865) 771
Income tax expense (benefit) 64 (203) (63) (56) (114) (129) (200) (28) (258) (471) 224
Income (loss) from continuing operations 50 (406) (130) (70) (144) (37) (208) (5) (556) (394) 547
Loss from discontinued operations 33 2 (4) (4) (29) 0 (8) 0 27 (37) (24)
Net income (loss) $ 83 $ (404) $ (134) $ (74) $ (173) $ (37) $ (216) $ (5) $ (529) $ (431) $ 523
[1] The provision for credit losses and charge-offs for real estate secured receivables during the year ended December 31, 2016 includes $576 million related to the initial lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. For the year ended December 31, 2015, the provision for credit losses and charge-offs included $234 million related to the initial lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 7, "Receivables Held for Sale," for additional information. During the year ended December 31, 2016, net charge-offs dollars were impacted by an out of period adjustment which decreased net charge-offs by $12 million in order to properly reflect charge-offs for receivables which received a partial forgiveness of principal as a result of an account modification in prior periods. The provision for credit losses for real estate secured receivables during the year ended December 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.