CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net income (loss)		$ 437	$ (208)
Income (loss) from discontinued operations		2	(8)
Income (loss) from continuing operations		435	(200)
Adjustments to reconcile income (loss) from continuing operations to net cash used in operating activities:
Provision for credit losses		0	49	[1]
Lower of amortized cost or fair value adjustment on receivables held for sale		(171)	111
Gain on sale of real estate secured receivables		(615)	(423)
Provision for securities litigation liability		0	575
Mark-to-market on debt designated at fair value and related derivatives		0	(13)
Foreign exchange and derivative movements on long-term debt and net change in non-fair value option related derivative assets and liabilities		42	114
Net change in other assets		513	(102)
Net change in other liabilities		(137)	(28)
Other, net		20	8
Cash provided by operating activities – continuing operations		87	91
Cash used in operating activities – discontinued operations		(6)	(26)
Cash provided by operating activities		81	65
Cash flows from investing activities
Net change in securities purchased under agreements to resell		(2,877)	(47)
Net change in interest bearing deposits with banks		1,500	0
Receivables:
Net collections		231	962
Proceeds from sales of receivables		4,863	4,667
Proceeds from sales of real estate owned		29	74
Sales of properties and equipment, net		0	2
Cash provided by investing activities – continuing operations		3,746	5,658
Cash provided by investing activities – discontinued operations		0	0
Cash provided by investing activities		3,746	5,658
Debt:
Net change in due to affiliates		(2,503)	(501)
Long-term debt retired		(1,332)	(4,439)
Debt prepayment fees		(28)	0
Redemption of preferred stock		0	(575)
Dividends		(43)	(63)
Cash used in financing activities – continuing operations		(3,906)	(5,578)
Cash used in financing activities – discontinued operations		0	0
Cash used in financing activities		(3,906)	(5,578)
Net change in cash		(79)	145
Cash at beginning of period	[2]	135	136
Cash at end of period	[3]	56	281
Supplemental Noncash Investing and Capital Activities:
Fair value of properties added to real estate owned		16	44
Transfer of receivables to held for sale		$ 0	$ 293

[1] The provision for credit losses and charge-offs for real estate secured receivables during the three and six months ended June 30, 2016 included $6 million and$19 million, respectively, 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 2, "Receivables Held for Sale," for additional information.

[2] Cash at beginning of period includes $7 million and $12 million for discontinued operations at January 1, 2017 and 2016, respectively.

[3] Cash at end of period includes $6 million and $10 million for discontinued operations at June 30, 2017 and 2016, respectively.