10-Q Filing

ONEMAIN HOLDINGS, INC. CIK: 1584207 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001584207-23-000016`
Period End Date	20230331
Filing Date	20230428
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	omf-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 42 Cash Flow Statement 68 Stockholders Equity 23 Comprehensive Income 28

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$544.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$498.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$640.00M	USD	Point-in-time
Investment securities (includes available-for-sale securities with a fair value of $1.7 billion and an amortized cost basis of $1.9 billion in 2023 and 2022)	`MarketableSecurities`	$1.79B	USD	Point-in-time
Investment securities (includes available-for-sale securities with a fair value of $1.7 billion and an amortized cost basis of $1.9 billion in 2023 and 2022)	`MarketableSecurities`	$1.80B	USD	Point-in-time
Net finance receivables (includes loans of consolidated VIEs of $11.1 billion in 2023 and $10.4 billion in 2022)	`NotesReceivableGross`	$19.99B	USD	Point-in-time
Net finance receivables (includes loans of consolidated VIEs of $11.1 billion in 2023 and $10.4 billion in 2022)	`NotesReceivableGross`	$19.81B	USD	Point-in-time
Unearned insurance premium and claim reserves	`UnearnedPremiumsAndLiabilityForUnpaidClaimsAndClaimAdjustmentExpense`	$740.00M	USD	Point-in-time
Unearned insurance premium and claim reserves	`UnearnedPremiumsAndLiabilityForUnpaidClaimsAndClaimAdjustmentExpense`	$749.00M	USD	Point-in-time
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.2 billion in 2023 and $1.1 billion in 2022)	`FinancingReceivableAllowanceForCreditLosses`	$2.30B	USD	Point-in-time
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.2 billion in 2023 and $1.1 billion in 2022)	`FinancingReceivableAllowanceForCreditLosses`	$2.10B	USD	Point-in-time
Investment securities, fair value	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$1.73B	USD	Point-in-time
Investment securities, fair value	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$1.72B	USD	Point-in-time
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.2 billion in 2023 and $1.1 billion in 2022)	`FinancingReceivableAllowanceForCreditLosses`	$2.07B	USD	Point-in-time
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.2 billion in 2023 and $1.1 billion in 2022)	`FinancingReceivableAllowanceForCreditLosses`	$2.31B	USD	Point-in-time
Investment securities, amortized cost basis	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss`	$1.86B	USD	Point-in-time
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	`NotesReceivableNet`	$16.93B	USD	Point-in-time
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses	`NotesReceivableNet`	$16.77B	USD	Point-in-time
Investment securities, amortized cost basis	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss`	$1.90B	USD	Point-in-time
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $513 million in 2023 and $442 million in 2022)	`RestrictedCashAndCashEquivalents`	$531.00M	USD	Point-in-time
Net finance receivables	`NotesReceivableGross`	$19.99B	USD	Point-in-time
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $513 million in 2023 and $442 million in 2022)	`RestrictedCashAndCashEquivalents`	$461.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $513 million in 2023 and $442 million in 2022)	`RestrictedCashAndCashEquivalents`	$531.00M	USD	Point-in-time
Net finance receivables	`NotesReceivableGross`	$19.81B	USD	Point-in-time
Financing receivable, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$2.30B	USD	Point-in-time
Financing receivable, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$2.10B	USD	Point-in-time
Financing receivable, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$2.07B	USD	Point-in-time
Goodwill	`Goodwill`	$1.44B	USD	Point-in-time
Goodwill	`Goodwill`	$1.44B	USD	Point-in-time
Financing receivable, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$2.31B	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$531.00M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$261.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$461.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$531.00M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$261.00M	USD	Point-in-time
Other assets	`OtherAssets`	$1.02B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$18.28B	USD	Point-in-time
Other assets	`OtherAssets`	$1.15B	USD	Point-in-time
Other assets	`OtherAssets`	$989.00M	USD	Point-in-time
Other assets	`OtherAssets`	$1.11B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$18.21B	USD	Point-in-time
Other assets	`OtherAssets`	$1.07B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$519.00M	USD	Point-in-time
Total assets	`Assets`	$21.82B	USD	Point-in-time
Total assets	`Assets`	$22.54B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$616.00M	USD	Point-in-time
Total assets	`Assets`	$22.44B	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Long-term debt (includes debt of consolidated VIEs of $10.1 billion in 2023 and $9.4 billion in 2022)	`LongTermDebt`	$18.28B	USD	Point-in-time
Long-term debt (includes debt of consolidated VIEs of $10.1 billion in 2023 and $9.4 billion in 2022)	`LongTermDebt`	$18.21B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Insurance claims and policyholder liabilities	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$693.00M	USD	Point-in-time
Insurance claims and policyholder liabilities	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$658.00M	USD	Point-in-time
Insurance claims and policyholder liabilities	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$615.00M	USD	Point-in-time
Insurance claims and policyholder liabilities	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$718.00M	USD	Point-in-time
Insurance claims and policyholder liabilities	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$620.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	121.04M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	120.59M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	121.04M	shares	Point-in-time
Deferred and accrued taxes	`DeferredAndAccruedIncomeTaxes`	$5.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	125.79M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	127.81M	shares	Point-in-time
Deferred and accrued taxes	`DeferredAndAccruedIncomeTaxes`	$22.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	120.59M	shares	Point-in-time
Other liabilities (includes other liabilities of consolidated VIEs of $20 million in 2023 and $20 million in 2022)	`OtherLiabilities`	$519.00M	USD	Point-in-time
Treasury stock at cost (in shares)	`TreasuryStockCommonShares`	14.48M	shares	Point-in-time
Other liabilities (includes other liabilities of consolidated VIEs of $20 million in 2023 and $20 million in 2022)	`OtherLiabilities`	$616.00M	USD	Point-in-time
Treasury stock at cost (in shares)	`TreasuryStockCommonShares`	13.81M	shares	Point-in-time
Total liabilities	`Liabilities`	$19.52B	USD	Point-in-time
Total liabilities	`Liabilities`	$19.36B	USD	Point-in-time
Contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01 per share; 2,000,000,000 shares authorized, 120,587,214 and 121,042,125 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$1.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 2,000,000,000 shares authorized, 120,587,214 and 121,042,125 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.69B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.69B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-42.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-108.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-127.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.91B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.19B	USD	Point-in-time
Treasury stock, at cost; 14,475,790 and 13,813,476 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$667.00M	USD	Point-in-time
Treasury stock, at cost; 14,475,790 and 13,813,476 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$693.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.06B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.02B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.04B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.08B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$22.54B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$22.44B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$1.09B	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$1.09B	USD	1 Quarter
Interest expense	`InterestExpenseBorrowings`	$239.00M	USD	1 Quarter
Interest expense	`InterestExpenseBorrowings`	$219.00M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$870.00M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$855.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLossesExpensed`	$385.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLossesExpensed`	$238.00M	USD	1 Quarter
Net interest income after provision for finance receivable losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$632.00M	USD	1 Quarter
Net interest income after provision for finance receivable losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$470.00M	USD	1 Quarter
Insurance	`InsuranceServicesRevenue`	$111.00M	USD	1 Quarter
Insurance	`InsuranceServicesRevenue`	$111.00M	USD	1 Quarter
Investment	`InvestmentIncomeNonoperating`	$25.00M	USD	1 Quarter
Investment	`InvestmentIncomeNonoperating`	$15.00M	USD	1 Quarter
Gain on sales of finance receivables	`GainLossOnSaleOfNotesReceivable`	$17.00M	USD	1 Quarter
Gain on sales of finance receivables	`GainLossOnSaleOfNotesReceivable`	$17.00M	USD	1 Quarter
Other	`NoninterestIncomeOther`	$24.00M	USD	1 Quarter
Other	`NoninterestIncomeOther`	$19.00M	USD	1 Quarter
Total other revenues	`NoninterestIncome`	$162.00M	USD	1 Quarter
Total other revenues	`NoninterestIncome`	$177.00M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$212.00M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$205.00M	USD	1 Quarter
Other operating expenses	`OtherNoninterestExpense`	$148.00M	USD	1 Quarter
Other operating expenses	`OtherNoninterestExpense`	$153.00M	USD	1 Quarter
Insurance policy benefits and claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$47.00M	USD	1 Quarter
Insurance policy benefits and claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$42.00M	USD	1 Quarter
Total other expenses	`NoninterestExpense`	$395.00M	USD	1 Quarter
Total other expenses	`NoninterestExpense`	$412.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$235.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$399.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$96.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$56.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$303.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	120.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	127.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	127.46M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.97M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.38	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.38	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.48	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$303.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLossesExpensed`	$385.00M	USD	1 Quarter
Provision for finance receivable losses	`ProvisionForLoanLossesExpensed`	$238.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$61.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$61.00M	USD	1 Quarter
Deferred income tax charge	`DeferredIncomeTaxExpenseBenefit`	$9.00M	USD	1 Quarter
Deferred income tax charge	`DeferredIncomeTaxExpenseBenefit`	$22.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`ShareBasedCompensation`	$12.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`ShareBasedCompensation`	$12.00M	USD	1 Quarter
Gain on sales of finance receivables	`GainLossOnSaleOfNotesReceivable`	$17.00M	USD	1 Quarter
Gain on sales of finance receivables	`GainLossOnSaleOfNotesReceivable`	$17.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$2.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$1.00M	USD	1 Quarter
Cash flows due to changes in other assets and other liabilities	`IncreaseDecreaseInOperatingCapital`	$65.00M	USD	1 Quarter
Cash flows due to changes in other assets and other liabilities	`IncreaseDecreaseInOperatingCapital`	$66.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$552.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$562.00M	USD	1 Quarter
Net principal originations and purchases of finance receivables	`PaymentsForProceedsFromLoansReceivable`	$432.00M	USD	1 Quarter
Net principal originations and purchases of finance receivables	`PaymentsForProceedsFromLoansReceivable`	$245.00M	USD	1 Quarter
Proceeds from sales of finance receivables	`ProceedsFromSaleOfFinanceReceivables`	$200.00M	USD	1 Quarter
Proceeds from sales of finance receivables	`ProceedsFromSaleOfFinanceReceivables`	$200.00M	USD	1 Quarter
Available-for-sale securities purchased	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$44.00M	USD	1 Quarter
Available-for-sale securities purchased	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$90.00M	USD	1 Quarter
Available-for-sale securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$196.00M	USD	1 Quarter
Available-for-sale securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$88.00M	USD	1 Quarter
Other securities purchased	`PaymentsToAcquireOtherInvestments`	$2.00M	USD	1 Quarter
Other securities purchased	`PaymentsToAcquireOtherInvestments`	$2.00M	USD	1 Quarter
Other securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$2.00M	USD	1 Quarter
Other securities called, sold, and matured	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$7.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$16.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$16.00M	USD	1 Quarter
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-204.00M	USD	1 Quarter
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$50.00M	USD	1 Quarter
Proceeds from issuance and borrowings of long-term debt, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$198.00M	USD	1 Quarter
Proceeds from issuance and borrowings of long-term debt, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$843.00M	USD	1 Quarter
Repayments and repurchases of long-term debt	`RepaymentsOfLongTermDebt`	$398.00M	USD	1 Quarter
Repayments and repurchases of long-term debt	`RepaymentsOfLongTermDebt`	$928.00M	USD	1 Quarter
Cash dividends	`PaymentsOfDividends`	$123.00M	USD	1 Quarter
Cash dividends	`PaymentsOfDividends`	$126.00M	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$110.00M	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$27.00M	USD	1 Quarter
Treasury stock issued	`ProceedsFromSaleOfTreasuryStock`	-	USD	1 Quarter
Treasury stock issued	`ProceedsFromSaleOfTreasuryStock`	$1.00M	USD	1 Quarter
Withholding tax on share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	1 Quarter
Withholding tax on share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-242.00M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-448.00M	USD	1 Quarter
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$154.00M	USD	1 Quarter
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$116.00M	USD	1 Quarter
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$959.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$959.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$544.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$498.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$640.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$531.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$461.00M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$531.00M	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$959.00M	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Total cash and cash equivalents and restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.95	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Balance at beginning of period	`StockholdersEquity`	$3.06B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$3.02B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$3.04B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$3.08B	USD	Point-in-time
Common stock repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$110.00M	USD	1 Quarter
Common stock repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$27.00M	USD	1 Quarter
Treasury stock issued (in shares)	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$1.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	1 Quarter
Share-based compensation expense, net of forfeitures	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	1 Quarter
Withholding tax on share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	1 Quarter
Withholding tax on share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$19.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$123.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$122.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$303.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$3.06B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$3.02B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$3.04B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$3.08B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$303.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	1 Quarter
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-105.00M	USD	1 Quarter
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$24.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$2.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Changes in discount rate for insurance claims and policyholder liabilities	`OciLiabilityForFuturePolicyBenefitGainLossBeforeReclassificationAdjustmentAndTax`	$32.00M	USD	1 Quarter
Changes in discount rate for insurance claims and policyholder liabilities	`OciLiabilityForFuturePolicyBenefitGainLossBeforeReclassificationAdjustmentAndTax`	$4.00M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-3.00M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$13.00M	USD	1 Quarter
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$5.00M	USD	1 Quarter
Net change in unrealized gains (losses) on non-credit impaired available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-24.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$1.00M	USD	1 Quarter
Changes in discount rate for insurance claims and policyholder liabilities	`OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTaxParent`	$1.00M	USD	1 Quarter
Changes in discount rate for insurance claims and policyholder liabilities	`OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTaxParent`	$7.00M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$3.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax, before reclassification adjustments	`OciBeforeReclassificationsNetOfTaxAttributableToParent`	$-45.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax, before reclassification adjustments	`OciBeforeReclassificationsNetOfTaxAttributableToParent`	$19.00M	USD	1 Quarter
Net realized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net realized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.00M	USD	1 Quarter
Reclassification adjustments included in net income, net of tax	`ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent`	-	USD	1 Quarter
Reclassification adjustments included in net income, net of tax	`ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent`	$2.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$19.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$256.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$198.00M	USD	1 Quarter

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