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10-K Filing

PHH CORP CIK: 77776 FY 2012
Filing Information
Form Type 10-K
Accession Number 0001104659-13-015794
Period End Date 20121231
Filing Date 20130228
Fiscal Year 2012
Fiscal Period FY
XBRL Instance phh-20121231.xml
Balance Sheet 100 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $150.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Restricted cash, cash equivalents and investments (including $121 and $226 of available-for-sale securities at fair value) RestrictedCashAndInvestments $425.00M USD Point-in-time
Restricted cash, cash equivalents and investments (including $121 and $226 of available-for-sale securities at fair value) RestrictedCashAndInvestments $574.00M USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $2.66B USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $2.17B USD Point-in-time
Accounts receivable, net AccountsReceivableNet $797.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $700.00M USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.52B USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.64B USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.02B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.44B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $150.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.21B USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.41B USD Point-in-time
Restricted cash, cash equivalents and investments RestrictedCashAndInvestments $425.00M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $79.00M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $64.00M USD Point-in-time
Restricted cash, cash equivalents and investments RestrictedCashAndInvestments $574.00M USD Point-in-time
Goodwill Goodwill $25.00M USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $2.66B USD Point-in-time
Goodwill Goodwill $25.00M USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $2.17B USD Point-in-time
Accounts receivable, net AccountsReceivableNet $797.00M USD Point-in-time
Other assets OtherAssets $618.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $700.00M USD Point-in-time
Other assets OtherAssets $616.00M USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.52B USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.64B USD Point-in-time
Total assets Assets $9.60B USD Point-in-time
Total assets Assets $9.78B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $79.00M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $64.00M USD Point-in-time
Other assets OtherAssets $618.00M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $562.00M USD Point-in-time
Other assets OtherAssets $616.00M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $504.00M USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $6.91B USD Point-in-time
Total assets Assets $9.60B USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $6.55B USD Point-in-time
Total assets Assets $9.78B USD Point-in-time
Deferred taxes DeferredTaxLiabilities $622.00M USD Point-in-time
Restricted investments, at fair value MarketableSecuritiesRestricted $121.00M USD Point-in-time
Deferred taxes DeferredTaxLiabilities $626.00M USD Point-in-time
Restricted investments, at fair value MarketableSecuritiesRestricted $226.00M USD Point-in-time
Other liabilities OtherLiabilities $272.00M USD Point-in-time
Other liabilities OtherLiabilities $303.00M USD Point-in-time
Total liabilities Liabilities $8.04B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $562.00M USD Point-in-time
Total liabilities Liabilities $8.32B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $504.00M USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $6.91B USD Point-in-time
Commitments and contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $6.55B USD Point-in-time
Other liabilities OtherLiabilities $272.00M USD Point-in-time
Other liabilities OtherLiabilities $303.00M USD Point-in-time
Total liabilities Liabilities $8.04B USD Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Total liabilities Liabilities $8.32B USD Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 56,975,991 shares issued and outstanding at December 31, 2012; 56,361,155 shares issued and outstanding at December 31, 2011 CommonStockValue $1.00M USD Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 56,975,991 shares issued and outstanding at December 31, 2012; 56,361,155 shares issued and outstanding at December 31, 2011 CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.13B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.08B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.09M shares Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $372.00M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.09M shares Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $338.00M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $26.00M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $21.00M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total PHH Corporation stockholders' equity StockholdersEquity $1.53B USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Total PHH Corporation stockholders' equity StockholdersEquity $1.44B USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Noncontrolling interest MinorityInterest $36.00M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Noncontrolling interest MinorityInterest $19.00M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 273.91M shares Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.56B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 273.91M shares Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.50B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 56.36M shares Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.78B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.60B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 56.98M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.98M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.36M shares Point-in-time
Income Statement 134 line items
Line Item Tag Value Unit Period
Mortgage fees FeesAndCommissionsMortgageBanking $295.00M USD Annual
Mortgage fees FeesAndCommissionsMortgageBanking $291.00M USD Annual
Mortgage fees FeesAndCommissionsMortgageBanking $346.00M USD Annual
Fleet management fees FeesAndCommissionsOther $180.00M USD Annual
Fleet management fees FeesAndCommissionsOther $173.00M USD Annual
Fleet management fees FeesAndCommissionsOther $157.00M USD Annual
Net fee income FeesAndCommissions $526.00M USD Annual
Net fee income FeesAndCommissions $448.00M USD Annual
Net fee income FeesAndCommissions $468.00M USD Annual
Fleet lease income OperatingLeasesIncomeStatementLeaseRevenue $1.37B USD Annual
Fleet lease income OperatingLeasesIncomeStatementLeaseRevenue $1.36B USD Annual
Fleet lease income OperatingLeasesIncomeStatementLeaseRevenue $1.40B USD Annual
Gain on mortgage loans, net GainLossOnSaleOfMortgageLoans $635.00M USD Annual
Gain on mortgage loans, net GainLossOnSaleOfMortgageLoans $942.00M USD Annual
Gain on mortgage loans, net GainLossOnSaleOfMortgageLoans $567.00M USD Annual
Mortgage interest income MortgageInterestIncome $110.00M USD Annual
Mortgage interest income MortgageInterestIncome $114.00M USD Annual
Mortgage interest income MortgageInterestIncome $91.00M USD Annual
Mortgage interest expense MortgageInterestExpense $183.00M USD Annual
Mortgage interest expense MortgageInterestExpense $212.00M USD Annual
Mortgage interest expense MortgageInterestExpense $202.00M USD Annual
Mortgage net finance expense MortgageNetFinanceExpense $-88.00M USD Annual
Mortgage net finance expense MortgageNetFinanceExpense $-121.00M USD Annual
Mortgage net finance expense MortgageNetFinanceExpense $-73.00M USD Annual
Loan servicing income ServicingFeesNet $449.00M USD Annual
Loan servicing income ServicingFeesNet $415.00M USD Annual
Loan servicing income ServicingFeesNet $456.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $733.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $427.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $497.00M USD Annual
Net derivative loss related to mortgage servicing rights IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments $-5.00M USD Annual
Net derivative loss related to mortgage servicing rights IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments $-3.00M USD Annual
Valuation adjustments related to mortgage servicing rights, net ValuationAdjustmentsRelatedToMortgageServicingRightsNet $736.00M USD Annual
Valuation adjustments related to mortgage servicing rights, net ValuationAdjustmentsRelatedToMortgageServicingRightsNet $502.00M USD Annual
Valuation adjustments related to mortgage servicing rights, net ValuationAdjustmentsRelatedToMortgageServicingRightsNet $427.00M USD Annual
Net loan servicing loss NetLoanServicingIncomeLoss $-53.00M USD Annual
Net loan servicing loss NetLoanServicingIncomeLoss $-280.00M USD Annual
Net loan servicing loss NetLoanServicingIncomeLoss $-12.00M USD Annual
Other income NoninterestIncomeOtherOperatingIncome $147.00M USD Annual
Other income NoninterestIncomeOtherOperatingIncome $85.00M USD Annual
Other income NoninterestIncomeOtherOperatingIncome $70.00M USD Annual
Net revenues Revenues $665.00M USD 1 Quarter
Net revenues Revenues $2.21B USD Annual
Net revenues Revenues $783.00M USD 1 Quarter
Net revenues Revenues $384.00M USD 1 Quarter
Net revenues Revenues $2.74B USD Annual
Net revenues Revenues $777.00M USD 1 Quarter
Net revenues Revenues $2.44B USD Annual
Net revenues Revenues $649.00M USD 1 Quarter
Net revenues Revenues $624.00M USD 1 Quarter
Net revenues Revenues $559.00M USD 1 Quarter
Net revenues Revenues $516.00M USD 1 Quarter
Salaries and related expenses LaborAndRelatedExpense $497.00M USD Annual
Salaries and related expenses LaborAndRelatedExpense $595.00M USD Annual
Salaries and related expenses LaborAndRelatedExpense $507.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $59.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $60.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $59.00M USD Annual
Depreciation on operating leases OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.22B USD Annual
Depreciation on operating leases OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.21B USD Annual
Depreciation on operating leases OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.22B USD Annual
Fleet interest expense FleetInterestExpense $68.00M USD Annual
Fleet interest expense FleetInterestExpense $91.00M USD Annual
Fleet interest expense FleetInterestExpense $79.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $22.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $523.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $697.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $429.00M USD Annual
Total expenses OperatingExpenses $2.42B USD Annual
Total expenses OperatingExpenses $2.32B USD Annual
Total expenses OperatingExpenses $2.66B USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $21.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $115.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-56.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-80.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-202.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $87.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $99.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-242.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $85.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-66.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $124.00M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-100.00M USD Annual
Income tax (benefit) expense IncomeTaxExpenseBenefit $-6.00M USD Annual
Income tax (benefit) expense IncomeTaxExpenseBenefit $39.00M USD Annual
Net income (loss) ProfitLoss $76.00M USD Annual
Net income (loss) ProfitLoss $-37.00M USD 1 Quarter
Net income (loss) ProfitLoss $21.00M USD 1 Quarter
Net income (loss) ProfitLoss $-102.00M USD Annual
Net income (loss) ProfitLoss $73.00M USD 1 Quarter
Net income (loss) ProfitLoss $93.00M USD Annual
Net income (loss) ProfitLoss $-138.00M USD 1 Quarter
Net income (loss) ProfitLoss $85.00M USD 1 Quarter
Net income (loss) ProfitLoss $-42.00M USD 1 Quarter
Net income (loss) ProfitLoss $52.00M USD 1 Quarter
Net income (loss) ProfitLoss $-23.00M USD 1 Quarter
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $25.00M USD Annual
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $59.00M USD Annual
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $28.00M USD Annual
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-42.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $13.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $48.00M USD Annual
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-127.00M USD Annual
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-148.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $49.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-57.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $75.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $34.00M USD Annual
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-41.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $58.00M USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $0.87 USD Annual
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $0.22 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $0.60 USD Annual
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-2.26 USD Annual
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $1.01 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-0.74 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-2.62 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-1.00 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $1.32 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-0.73 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $0.87 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-1.00 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-2.62 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $1.30 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.86 USD Annual
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-2.26 USD Annual
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-0.74 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.89 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.22 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.56 USD Annual
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-0.73 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.84 USD 1 Quarter
Cash Flow Statement 109 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $76.00M USD Annual
Net income (loss) ProfitLoss $-37.00M USD 1 Quarter
Net income (loss) ProfitLoss $21.00M USD 1 Quarter
Net income (loss) ProfitLoss $-102.00M USD Annual
Net income (loss) ProfitLoss $73.00M USD 1 Quarter
Net income (loss) ProfitLoss $93.00M USD Annual
Net income (loss) ProfitLoss $-138.00M USD 1 Quarter
Net income (loss) ProfitLoss $85.00M USD 1 Quarter
Net income (loss) ProfitLoss $-42.00M USD 1 Quarter
Net income (loss) ProfitLoss $52.00M USD 1 Quarter
Net income (loss) ProfitLoss $-23.00M USD 1 Quarter
Capitalization of originated mortgage servicing rights OriginationOfMortgageServicingRightsMSRs $-456.00M USD Annual
Capitalization of originated mortgage servicing rights OriginationOfMortgageServicingRightsMSRs $-310.00M USD Annual
Capitalization of originated mortgage servicing rights OriginationOfMortgageServicingRightsMSRs $-499.00M USD Annual
Net unrealized loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $736.00M USD Annual
Net unrealized loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $502.00M USD Annual
Net unrealized loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $427.00M USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.22B USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.21B USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.22B USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $22.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $37.16B USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $38.14B USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $38.93B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $38.71B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $41.26B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $35.50B USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $1.11B USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $516.00M USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $614.00M USD Annual
Deferred income tax (benefit) expense DeferredIncomeTaxNoncashExpenseBenefit $-23.00M USD Annual
Deferred income tax (benefit) expense DeferredIncomeTaxNoncashExpenseBenefit $-100.00M USD Annual
Deferred income tax (benefit) expense DeferredIncomeTaxNoncashExpenseBenefit $27.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-117.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-258.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $315.00M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.06B USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-1.68B USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.79B USD Annual
Investment in vehicles PaymentsToAcquireEquipmentOnLease $1.70B USD Annual
Investment in vehicles PaymentsToAcquireEquipmentOnLease $1.46B USD Annual
Investment in vehicles PaymentsToAcquireEquipmentOnLease $1.70B USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfOtherProductiveAssets $407.00M USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfOtherProductiveAssets $345.00M USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfOtherProductiveAssets $353.00M USD Annual
Net cash paid on derivatives related to mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $3.00M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $25.00M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $17.00M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $31.00M USD Annual
Purchases of restricted investments PaymentsToAcquireRestrictedInvestments $250.00M USD Annual
Purchases of restricted investments PaymentsToAcquireRestrictedInvestments $178.00M USD Annual
Purchases of restricted investments PaymentsToAcquireRestrictedInvestments $400.00M USD Annual
Proceeds from sales and maturities of restricted investments ProceedsFromSaleOfRestrictedInvestments $219.00M USD Annual
Proceeds from sales and maturities of restricted investments ProceedsFromSaleOfRestrictedInvestments $148.00M USD Annual
Proceeds from sales and maturities of restricted investments ProceedsFromSaleOfRestrictedInvestments $279.00M USD Annual
Decrease (increase) in restricted cash and cash equivalents IncreaseDecreaseInRestrictedCash $-109.00M USD Annual
Decrease (increase) in restricted cash and cash equivalents IncreaseDecreaseInRestrictedCash $-319.00M USD Annual
Decrease (increase) in restricted cash and cash equivalents IncreaseDecreaseInRestrictedCash $71.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-20.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-27.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-23.00M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.33B USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.22B USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.04B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $62.80B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $63.00B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $57.76B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $64.28B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $62.98B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $54.91B USD Annual
Proceeds from unsecured borrowings ProceedsFromIssuanceOfUnsecuredDebt $518.00M USD Annual
Proceeds from unsecured borrowings ProceedsFromIssuanceOfUnsecuredDebt $3.48B USD Annual
Proceeds from unsecured borrowings ProceedsFromIssuanceOfUnsecuredDebt $1.30B USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $1.21B USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $3.50B USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $671.00M USD Annual
Issuances of common stock ProceedsFromIssuanceOfCommonStock $10.00M USD Annual
Issuances of common stock ProceedsFromIssuanceOfCommonStock $5.00M USD Annual
Issuances of common stock ProceedsFromIssuanceOfCommonStock $8.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $35.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $57.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $51.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-27.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-24.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-46.00M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $2.77B USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-427.00M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.23B USD Annual
Effect of changes in exchange rates on Cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $-3.00M USD Annual
Effect of changes in exchange rates on Cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $-2.00M USD Annual
Net increase in Cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $219.00M USD Annual
Net increase in Cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $415.00M USD Annual
Net increase in Cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $45.00M USD Annual
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $150.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $150.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Interest payments InterestPaid $169.00M USD Annual
Interest payments InterestPaid $204.00M USD Annual
Interest payments InterestPaid $213.00M USD Annual
Income tax payments (refunds), net IncomeTaxesPaidNet $11.00M USD Annual
Income tax payments (refunds), net IncomeTaxesPaidNet $13.00M USD Annual
Income tax payments (refunds), net IncomeTaxesPaidNet $-9.00M USD Annual
Stockholders Equity 28 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.56B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.50B USD Point-in-time
Balance (in shares) CommonStockSharesIssued 56.36M shares Point-in-time
Balance (in shares) CommonStockSharesIssued 56.98M shares Point-in-time
Adjustments related to the spin-off SpinOffAdjustmentToRetainedEarnings $1.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $86.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $98.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-110.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $20.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $26.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $42.00M USD Annual
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions $1.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $6.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $6.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $3.00M USD Annual
Conversion option related to Convertible note issuance, net (Note 12) AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt $33.00M USD Annual
Recognition of deferred taxes related to Convertible notes AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $3.00M USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.56B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.50B USD Point-in-time
Balance (in shares) CommonStockSharesIssued 56.36M shares Point-in-time
Balance (in shares) CommonStockSharesIssued 56.98M shares Point-in-time
Comprehensive Income 31 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $76.00M USD Annual
Net income (loss) ProfitLoss $-37.00M USD 1 Quarter
Net income (loss) ProfitLoss $21.00M USD 1 Quarter
Net income (loss) ProfitLoss $-102.00M USD Annual
Net income (loss) ProfitLoss $73.00M USD 1 Quarter
Net income (loss) ProfitLoss $93.00M USD Annual
Net income (loss) ProfitLoss $-138.00M USD 1 Quarter
Net income (loss) ProfitLoss $85.00M USD 1 Quarter
Net income (loss) ProfitLoss $-42.00M USD 1 Quarter
Net income (loss) ProfitLoss $52.00M USD 1 Quarter
Net income (loss) ProfitLoss $-23.00M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $5.00M USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $9.00M USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-5.00M USD Annual
Change in unrealized gains on available-for-sale securities, net OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.00M USD Annual
Change in unrealized gains on available-for-sale securities, net OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.00M USD Annual
Change in unrealized gains on available-for-sale securities, net OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.00M USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $4.00M USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD Annual
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $5.00M USD Annual
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $10.00M USD Annual
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-8.00M USD Annual
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $86.00M USD Annual
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $98.00M USD Annual
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-110.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $59.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $28.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $25.00M USD Annual
Comprehensive income (loss) attributable to PHH Corporation ComprehensiveIncomeNetOfTax $-135.00M USD Annual
Comprehensive income (loss) attributable to PHH Corporation ComprehensiveIncomeNetOfTax $58.00M USD Annual
Comprehensive income (loss) attributable to PHH Corporation ComprehensiveIncomeNetOfTax $39.00M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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