CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Assets
Cash		$ 128	$ 124
Interest bearing deposits with banks		1,500	0
Securities purchased under agreements to resell		2,392	2,724
Receivables held for investment, net (including $1.7 billion at December 31, 2015 collateralizing long-term debt and net of credit loss reserves of $311 million at December 31, 2015)		0	8,987
Receivables held for sale (including $750 million at December 31, 2016 collateralizing long-term debt)	[1],[2]	5,674	8,265
Real estate owned		31	88
Deferred income taxes, net		2,897	2,923
Bank owned life insurance		817	813
Other assets		427	208
Assets of discontinued operations		16	13
Total assets		13,882	24,145
Debt:
Due to affiliates (including $485 million and $496 million at December 31, 2016 and 2015, respectively, carried at fair value)		3,300	5,925
Long-term debt (including $1.3 billion and $3.3 billion at December 31, 2016 and 2015, respectively, carried at fair value and $404 million and $879 million at December 31, 2016 and 2015, respectively, collateralized by receivables)		4,340	9,510
Total debt		7,640	15,435
Derivative related liabilities		12	57
Liability for postretirement benefits		129	143
Other liabilities		610	1,773
Liabilities of discontinued operations		57	102
Total liabilities		8,448	17,510
Common equity:
Common stock ($0.01 par value, 100 shares authorized; 68 shares issued and outstanding at December 31, 2016 and 2015)		0	0
Additional paid-in-capital		23,138	23,245
Accumulated deficit		(18,728)	(18,199)
Accumulated other comprehensive income		24	14
Total common equity		4,434	5,060
Total equity		5,434	6,635
Total liabilities and equity		13,882	24,145
Series B Preferred Stock [Member]
Redeemable preferred stock:
Redeemable preferred stock		0	575
Series C Preferred Stock [Member]
Redeemable preferred stock:
Redeemable preferred stock		$ 1,000	$ 1,000

[1] At December 31, 2016, receivables held for sale includes $750 million of closed-end real estate secured receivables which are part of a collateralized funding transaction. These receivables will be sold when they are contractually released as collateral under the public trust and become available for sale. See Note 17, "Variable Interest Entities," for further discussion of our collateralized funding transactions.

[2] The receivable 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.