10-Q Filing

ONEMAIN HOLDINGS, INC. CIK: 1584207 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001584207-20-000019`
Period End Date	20200331
Filing Date	20200429
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	omf-20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 44 Cash Flow Statement 64 Stockholders Equity 21 Comprehensive Income 14

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.20B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.23B	USD	Point-in-time
Investment securities (includes available-for-sale securities with a fair value and amortized cost basis of $1.7 billion in 2020)	`MarketableSecurities`	$1.80B	USD	Point-in-time
Investment securities (includes available-for-sale securities with a fair value and amortized cost basis of $1.7 billion in 2020)	`MarketableSecurities`	$1.88B	USD	Point-in-time
Net finance receivables (includes loans of consolidated VIEs of $12.1 billion in 2020 and $8.4 billion in 2019)	`NotesReceivableGross`	$18.39B	USD	Point-in-time
Net finance receivables (includes loans of consolidated VIEs of $12.1 billion in 2020 and $8.4 billion in 2019)	`NotesReceivableGross`	$18.27B	USD	Point-in-time
Unearned insurance premium and claim reserves	`UnearnedPremiumsAndLiabilityForUnpaidClaimsAndClaimAdjustmentExpense`	$793.00M	USD	Point-in-time
Unearned insurance premium and claim reserves	`UnearnedPremiumsAndLiabilityForUnpaidClaimsAndClaimAdjustmentExpense`	$797.00M	USD	Point-in-time
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.4 billion in 2020 and $340 million in 2019)	`LoansAndLeasesReceivableAllowance`	$829.00M	USD	Point-in-time
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.4 billion in 2020 and $340 million in 2019)	`LoansAndLeasesReceivableAllowance`	$2.18B	USD	Point-in-time
Investment, amortized cost basis	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$1.74B	USD	Point-in-time
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	`LoansAndLeasesReceivableNetReportedAmount`	$15.29B	USD	Point-in-time
Investment, amortized cost basis	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$1.75B	USD	Point-in-time
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	`LoansAndLeasesReceivableNetReportedAmount`	$16.77B	USD	Point-in-time
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $567 million in 2020 and $400 million in 2019)	`RestrictedCashAndCashEquivalents`	$405.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $567 million in 2020 and $400 million in 2019)	`RestrictedCashAndCashEquivalents`	$575.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $567 million in 2020 and $400 million in 2019)	`RestrictedCashAndCashEquivalents`	$575.00M	USD	Point-in-time
Fair Value	`AvailableForSaleSecuritiesDebtSecurities`	$1.73B	USD	Point-in-time
Fair Value	`AvailableForSaleSecuritiesDebtSecurities`	$1.80B	USD	Point-in-time
Goodwill	`Goodwill`	$1.42B	USD	Point-in-time
Net finance receivables	`NotesReceivableGross`	$18.39B	USD	Point-in-time
Goodwill	`Goodwill`	$1.42B	USD	Point-in-time
Net finance receivables	`NotesReceivableGross`	$18.27B	USD	Point-in-time
Allowance for finance receivable losses	`LoansAndLeasesReceivableAllowance`	$829.00M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$343.00M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$334.00M	USD	Point-in-time
Allowance for finance receivable losses	`LoansAndLeasesReceivableAllowance`	$2.18B	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$405.00M	USD	Point-in-time
Other assets	`OtherAssets`	$1.07B	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$575.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$575.00M	USD	Point-in-time
Other assets	`OtherAssets`	$769.00M	USD	Point-in-time
Total assets	`Assets`	$24.69B	USD	Point-in-time
Total assets	`Assets`	$22.82B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$17.21B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$20.44B	USD	Point-in-time
Total assets	`Assets`	$21.36B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$497.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$592.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Long-term debt (includes debt of consolidated VIEs of $10.9 billion in 2020 and $7.6 billion in 2019)	`LongTermDebt`	$17.21B	USD	Point-in-time
Long-term debt (includes debt of consolidated VIEs of $10.9 billion in 2020 and $7.6 billion in 2019)	`LongTermDebt`	$20.44B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Insurance claims and policyholder liabilities	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$633.00M	USD	Point-in-time
Insurance claims and policyholder liabilities	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$649.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	136.10M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	134.31M	shares	Point-in-time
Deferred and accrued taxes	`DeferredAndAccruedIncomeTaxes`	$68.00M	USD	Point-in-time
Deferred and accrued taxes	`DeferredAndAccruedIncomeTaxes`	$34.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	136.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	135.83M	shares	Point-in-time
Other liabilities	`OtherLiabilities`	$497.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	134.31M	shares	Point-in-time
Other liabilities	`OtherLiabilities`	$592.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	136.08M	shares	Point-in-time
Total liabilities	`Liabilities`	$18.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$21.64B	USD	Point-in-time
Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01 per share; 2,000,000,000 shares authorized, 134,309,707 and 136,101,156 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 2,000,000,000 shares authorized, 134,309,707 and 136,101,156 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.65B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.69B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$44.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.60B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.41B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.80B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.33B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.05B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.95B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$24.69B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$22.82B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$1.11B	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$956.00M	USD	1 Quarter
Interest expense	`InterestExpenseBorrowings`	$255.00M	USD	1 Quarter
Interest expense	`InterestExpenseBorrowings`	$236.00M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$851.00M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$720.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLeaseAndOtherLosses`	$531.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLeaseAndOtherLosses`	$286.00M	USD	1 Quarter
Net interest income after provision for finance receivable losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$434.00M	USD	1 Quarter
Net interest income after provision for finance receivable losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$320.00M	USD	1 Quarter
Insurance	`InsuranceServicesRevenue`	$110.00M	USD	1 Quarter
Insurance	`InsuranceServicesRevenue`	$117.00M	USD	1 Quarter
Investment	`InvestmentIncomeNonoperating`	$26.00M	USD	1 Quarter
Investment	`InvestmentIncomeNonoperating`	$9.00M	USD	1 Quarter
Net loss on repurchase and repayment of debt	`GainLossOnRepurchaseAndRepaymentOfDebtInstrument`	-	USD	1 Quarter
Net loss on repurchase and repayment of debt	`GainLossOnRepurchaseAndRepaymentOfDebtInstrument`	$-21.00M	USD	1 Quarter
Net gain on sale of real estate loans	`LoansAndLeasesReceivableGainLossOnSalesNet`	$3.00M	USD	1 Quarter
Net gain on sale of real estate loans	`LoansAndLeasesReceivableGainLossOnSalesNet`	-	USD	1 Quarter
Noninterest Income, Other	`NoninterestIncomeOther`	$15.00M	USD	1 Quarter
Noninterest Income, Other	`NoninterestIncomeOther`	$30.00M	USD	1 Quarter
Total other revenues	`NoninterestIncome`	$141.00M	USD	1 Quarter
Total other revenues	`NoninterestIncome`	$148.00M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$199.00M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$199.00M	USD	1 Quarter
Other operating expenses	`OtherNoninterestExpense`	$151.00M	USD	1 Quarter
Other operating expenses	`OtherNoninterestExpense`	$136.00M	USD	1 Quarter
Insurance policy benefits and claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$45.00M	USD	1 Quarter
Insurance policy benefits and claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$68.00M	USD	1 Quarter
Total other expenses	`NoninterestExpense`	$380.00M	USD	1 Quarter
Total other expenses	`NoninterestExpense`	$418.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$43.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$202.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$50.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$11.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$152.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.00M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.91M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.14M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.19M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.24	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$152.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLeaseAndOtherLosses`	$531.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLeaseAndOtherLosses`	$286.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$68.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$64.00M	USD	1 Quarter
Deferred income tax charge (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-36.00M	USD	1 Quarter
Deferred income tax charge (benefit)	`DeferredIncomeTaxExpenseBenefit`	$9.00M	USD	1 Quarter
Net loss on repurchase and repayment of debt	`GainLossOnRepurchaseAndRepaymentOfDebtInstrument`	-	USD	1 Quarter
Net loss on repurchase and repayment of debt	`GainLossOnRepurchaseAndRepaymentOfDebtInstrument`	$-21.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`ShareBasedCompensation`	$6.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`ShareBasedCompensation`	$7.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$11.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-12.00M	USD	1 Quarter
Cash flows due to changes in other assets and other liabilities	`IncreaseDecreaseInOperatingCapital`	$-17.00M	USD	1 Quarter
Cash flows due to changes in other assets and other liabilities	`IncreaseDecreaseInOperatingCapital`	$45.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$565.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$548.00M	USD	1 Quarter
Net principal originations of finance receivables held for investment and held for sale	`PaymentsToAcquireLoansReceivable`	$188.00M	USD	1 Quarter
Net principal originations of finance receivables held for investment and held for sale	`PaymentsToAcquireLoansReceivable`	$290.00M	USD	1 Quarter
Proceeds on sale of finance receivables held for sale originated as held for investment	`ProceedsFromSalesAndPrincipalCollectionsOnFinanceReceivablesHeldForSaleOriginatedAsHeldForInvestment`	$19.00M	USD	1 Quarter
Proceeds on sale of finance receivables held for sale originated as held for investment	`ProceedsFromSalesAndPrincipalCollectionsOnFinanceReceivablesHeldForSaleOriginatedAsHeldForInvestment`	-	USD	1 Quarter
Available-for-sale securities purchased	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$154.00M	USD	1 Quarter
Available-for-sale securities purchased	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$132.00M	USD	1 Quarter
Available-for-sale securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$128.00M	USD	1 Quarter
Available-for-sale securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$103.00M	USD	1 Quarter
Other securities purchased	`PaymentsToAcquireOtherInvestments`	-	USD	1 Quarter
Other securities purchased	`PaymentsToAcquireOtherInvestments`	$4.00M	USD	1 Quarter
Other securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$6.00M	USD	1 Quarter
Other securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$5.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-12.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-305.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.00M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of commissions	`ProceedsFromDebtNetOfIssuanceCosts`	$2.33B	USD	1 Quarter
Proceeds from issuance of long-term debt, net of commissions	`ProceedsFromDebtNetOfIssuanceCosts`	$3.55B	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$1.43B	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$332.00M	USD	1 Quarter
Cash dividends	`PaymentsOfDividends`	$34.00M	USD	1 Quarter
Cash dividends	`PaymentsOfDividends`	$387.00M	USD	1 Quarter
Common stock repurchased and retired	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Common stock repurchased and retired	`PaymentsForRepurchaseOfCommonStock`	$45.00M	USD	1 Quarter
Withholding tax on share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	1 Quarter
Withholding tax on share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.78B	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$863.00M	USD	1 Quarter
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.11B	USD	1 Quarter
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.15B	USD	1 Quarter
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.78B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.78B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28B	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.78B	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63B	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28B	USD	Point-in-time
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$15.00M	USD	1 Quarter
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$15.00M	USD	1 Quarter
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$173.00M	USD	1 Quarter
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$17.00M	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$3.80B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$4.33B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$3.05B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$3.95B	USD	Point-in-time
Common stock repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$45.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	1 Quarter
Withholding tax on share-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-6.00M	USD	1 Quarter
Withholding tax on share-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-5.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$32.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-50.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$34.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$388.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$152.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$3.80B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$4.33B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$3.05B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$3.95B	USD	Point-in-time
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.83	USD	1 Quarter

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$152.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.00M	USD	1 Quarter
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$39.00M	USD	1 Quarter
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-55.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-10.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$2.00M	USD	1 Quarter
Net unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$9.00M	USD	1 Quarter
Net unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-13.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$32.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-50.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$184.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-18.00M	USD	1 Quarter

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