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Credit Loss Reserves - Summarizes Changes in Credit Loss Reserves by Product/Class and Related Receivable Balance by Product (Detail) - 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
Dec. 31, 2015
Dec. 31, 2014
Allowance for Loan and Lease Losses [Roll Forward]                          
Credit loss reserves at beginning of period       $ 311       $ 2,217 $ 311 $ 2,217 $ 3,273    
Provision for credit losses $ 0 $ 572 $ 12 37 $ 13 $ 18 $ 192 27 621 [1] 250 [1] (365)    
Charge-offs [2]                 (938) [1] (2,181) [1] (854)    
Recoveries                 6 25 161    
Total net charge-offs                 (932) (2,156) (693)    
Other                     2    
Credit loss reserves at end of period 0       311       0 311 2,217    
Reserve components:                          
Collectively evaluated for impairment                       $ 79 $ 227
Individually evaluated for impairment [3]                       220 1,957
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       12 33
Total credit loss reserves 0     311 311     2,217 311 2,217 3,273 311 2,217
Receivables held for investment:                          
Collectively evaluated for impairment                       7,558 11,949
Individually evaluated for impairment [3]                       1,272 10,028
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       326 693
Total receivables held for investment                       9,156 [4],[5] 22,670
First lien [Member]                          
Allowance for Loan and Lease Losses [Roll Forward]                          
Credit loss reserves at beginning of period       137       1,898 137 1,898 2,777    
Provision for credit losses                 107 [1] 223 [1] (308)    
Charge-offs [2]                 (247) [1] (2,004) [1] (657)    
Recoveries                 3 20 84    
Total net charge-offs                 (244) (1,984) (573)    
Other                     2    
Credit loss reserves at end of period 0       137       0 137 1,898    
Reserve components:                          
Collectively evaluated for impairment                       40 153
Individually evaluated for impairment [3]                       85 1,713
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       12 32
Total credit loss reserves 0     137 137     1,898 137 1,898 2,777 137 1,898
Receivables held for investment:                          
Collectively evaluated for impairment                       6,363 10,356
Individually evaluated for impairment [3]                       640 9,133
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       299 664
Total receivables held for investment                       7,302 20,153
Second lien [Member]                          
Allowance for Loan and Lease Losses [Roll Forward]                          
Credit loss reserves at beginning of period       174       319 174 319 496    
Provision for credit losses                 514 [1] 27 [1] (39)    
Charge-offs [2]                 (691) [1] (177) [1] (197)    
Recoveries                 3 5 59    
Total net charge-offs                 (688) (172) (138)    
Other                     0    
Credit loss reserves at end of period 0       174       0 174 319    
Reserve components:                          
Collectively evaluated for impairment                       39 74
Individually evaluated for impairment [3]                       135 244
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       0 1
Total credit loss reserves 0     174 174     319 174 319 496 174 319
Receivables held for investment:                          
Collectively evaluated for impairment                       1,195 1,593
Individually evaluated for impairment [3]                       632 895
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       27 29
Total receivables held for investment                       1,854 2,517
Personal Non-Credit Card [Member]                          
Allowance for Loan and Lease Losses [Roll Forward]                          
Credit loss reserves at beginning of period       0       0 0 0 0    
Provision for credit losses                 0 [1] 0 [1] (18)    
Charge-offs [2]                 0 [1] 0 [1] 0    
Recoveries                 0 0 18    
Total net charge-offs                 0 0 18    
Other                     0    
Credit loss reserves at end of period 0       0       0 0 0    
Reserve components:                          
Collectively evaluated for impairment                       0 0
Individually evaluated for impairment [3]                       0 0
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       0 0
Total credit loss reserves $ 0     $ 0 $ 0     $ 0 $ 0 $ 0 $ 0 0 0
Receivables held for investment:                          
Collectively evaluated for impairment                       0 0
Individually evaluated for impairment [3]                       0 0
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       0 0
Total receivables held for investment                       $ 0 $ 0
[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.
[2] For collateral dependent receivables that are transferred to held for sale, existing credit loss reserves at the time of transfer are recognized as a charge-off. We transferred to held for sale certain real estate secured receivables during the years ended December 31, 2016, 2015 and 2014 and, accordingly, we recognized the existing credit loss reserves on these receivables as additional charge-off totaling $268 million, $1,622 million and $58 million during the years ended December 31, 2016, 2015 and 2014, respectively.
[3] These amounts represent TDR Loans for which we evaluate reserves using a discounted cash flow methodology. Each loan is individually identified as a TDR Loan and then grouped together with other TDR Loans with similar characteristics. The discounted cash flow impairment analysis is then applied to these groups of TDR Loans. The receivable balance above excludes TDR Loans held for investment that are carried at the lower of amortized cost or fair value of the collateral less cost to sell which totaled $250 million and $517 million at December 31, 2015 and 2014, respectively. The reserve component above excludes credit loss reserves totaling $10 million and $25 million at December 31, 2015 and 2014, respectively, for TDR Loans held for investment that are carried at the lower of amortized cost or fair value of the collateral less cost to sell. These receivables and credit loss reserves are reflected within receivables and credit loss reserves carried at the lower of amortized cost or fair value of the collateral less cost to sell in the table above.
[4] Includes $1,654 million of closed-end real estate secured receivables which serve as collateral for secured financings previously issued under public trusts with an outstanding balance of $879 million at December 31, 2015. See Note 17, "Variable Interest Entities," for additional information.
[5] Includes deferred origination fees, net of costs, totaling $71 million and net unamortized premium on our receivables totaling $35 million.