2017 Q4 Form 10-Q Financial Statement

#000160171217000148 Filed on October 26, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $67.00M $69.00M $56.00M
YoY Change 21.82% 23.21% 21.74%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $375.0M $357.0M $315.0M
YoY Change 17.55% 13.33% 9.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $875.0M $879.0M $963.0M
YoY Change -3.63% -8.72% 4.79%
Income Tax $490.0M $324.0M $359.0M
% Of Pretax Income 56.0% 36.86% 37.28%
Net Earnings $385.0M $555.0M $604.0M
YoY Change -33.16% -8.11% 5.23%
Net Earnings / Revenue
Basic Earnings Per Share $0.49 $0.70 $0.73
Diluted Earnings Per Share $0.49 $0.70 $0.73
COMMON SHARES
Basic Shares Outstanding 782.6M shares 787.3M shares 828.4M shares
Diluted Shares Outstanding 790.9M shares 830.6M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $11.60B $13.92B $13.59B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $991.0M $991.0M $949.0M
YoY Change 4.43% 4.43% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $95.81B $92.55B $87.16B
YoY Change 6.21% 6.18% 9.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $4.287B $3.793B $3.196B
YoY Change 12.55% 18.68% 11.94%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.287B $3.793B $3.196B
YoY Change 12.55% 18.68% 11.94%
LONG-TERM LIABILITIES
Long-Term Debt $20.80B $19.90B $20.17B
YoY Change 3.24% -1.33% -15.55%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $20.80B $19.90B $20.17B
YoY Change 3.24% -1.33% -15.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.287B $3.793B $3.196B
Total Long-Term Liabilities $20.80B $19.90B $20.17B
Total Liabilities $81.57B $78.15B $73.18B
YoY Change 7.32% 6.79% 8.76%
SHAREHOLDERS EQUITY
Retained Earnings $6.809B $6.543B $4.861B
YoY Change 27.75% 34.6% 77.02%
Common Stock $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.957B $1.531B $238.0M
YoY Change 312.0% 543.28%
Treasury Stock Shares 63.45M shares 51.40M shares 8.520M shares
Shareholders Equity $14.23B $14.40B $13.98B
YoY Change
Total Liabilities & Shareholders Equity $95.81B $92.55B $87.16B
YoY Change 6.21% 6.18% 9.71%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $385.0M $555.0M $604.0M
YoY Change -33.16% -8.11% 5.23%
Depreciation, Depletion And Amortization $67.00M $69.00M $56.00M
YoY Change 21.82% 23.21% 21.74%
Cash From Operating Activities $2.469B $2.902B $1.815B
YoY Change 43.21% 59.89% 37.81%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$7.120B -$1.982B -$3.916B
YoY Change -13.31% -49.39% 49.52%
Cash From Investing Activities -$7.120B -$1.982B -$3.916B
YoY Change -13.31% -49.39% 49.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.380B 281.0M 3.902B
YoY Change 9.27% -92.8% 32.18%
NET CHANGE
Cash From Operating Activities 2.469B 2.902B 1.815B
Cash From Investing Activities -7.120B -1.982B -3.916B
Cash From Financing Activities 2.380B 281.0M 3.902B
Net Change In Cash -2.271B 1.201B 1.801B
YoY Change -47.32% -33.31% 9.15%
FREE CASH FLOW
Cash From Operating Activities $2.469B $2.902B $1.815B
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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0.73
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.01
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.93
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.01
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.93
CY2016Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
165000000 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
417000000 USD
CY2017Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
211000000 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
560000000 USD
CY2016Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
14813 contract
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
30064 contract
CY2017Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
19524 contract
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
42693 contract
CY2016Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
30000000 USD
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
61000000 USD
CY2017Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
41000000 USD
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
91000000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1542000000 USD
CY2017Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1703000000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4000000 USD
CY2017Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4000000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3295000000 USD
CY2017Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3694000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
675000000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
817000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1387000000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1589000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
712000000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
772000000 USD
us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
215000000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
949000000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
991000000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
324000000 USD
CY2017Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
390000000 USD
CY2016Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
799000000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
784000000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
959000000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
922000000 USD
CY2016Q3 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
12000000 USD
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
36000000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
13000000 USD
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
36000000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
868000000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
986000000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
766000000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
877000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
963000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2662000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
879000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2449000000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
359000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
987000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
324000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
899000000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-321000000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
282000000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
6119000000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
2060000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-29000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
79000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-388000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-488000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-12000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-174000000 USD
CY2016Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
87000000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
250000000 USD
CY2017Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
96000000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
274000000 USD
CY2016Q3 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
25000000 USD
us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
68000000 USD
CY2017Q3 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
51000000 USD
us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
130000000 USD
CY2016Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3771000000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10763000000 USD
CY2017Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4182000000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
11986000000 USD
CY2016Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
51896000000 USD
CY2017Q3 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
54232000000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
315000000 USD
us-gaap Interest Expense
InterestExpense
929000000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
357000000 USD
us-gaap Interest Expense
InterestExpense
1016000000 USD
CY2016Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
64000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
210000000 USD
CY2017Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
73000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
208000000 USD
CY2016Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
188000000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
539000000 USD
CY2017Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
219000000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
615000000 USD
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
3481000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9902000000 USD
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
3876000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11100000000 USD
CY2016Q3 us-gaap Interest Income Operating
InterestIncomeOperating
3796000000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
10831000000 USD
CY2017Q3 us-gaap Interest Income Operating
InterestIncomeOperating
4233000000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
12116000000 USD
CY2016Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
311000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
892000000 USD
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
335000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
981000000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
76928000000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
71993000000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
71567000000 USD
CY2016Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
79566000000 USD
CY2017Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
80248000000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
76011000000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
78146000000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
90207000000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
92548000000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3497000000 USD
CY2016Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3894000000 USD
CY2016Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4115000000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4344000000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5001000000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5361000000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
82000000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
95000000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
76337000000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
20147000000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
19899000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
3500000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1408000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
4058000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
7227000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2232000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1526000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1627000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
396000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5151000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2248000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4787000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6446000000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
604000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1675000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
555000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1550000000 USD
CY2016Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
159000000 USD
CY2017Q3 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
222000000 USD
CY2016Q3 us-gaap Noninterest Expense
NoninterestExpense
859000000 USD
us-gaap Noninterest Expense
NoninterestExpense
2498000000 USD
CY2017Q3 us-gaap Noninterest Expense
NoninterestExpense
958000000 USD
us-gaap Noninterest Expense
NoninterestExpense
2777000000 USD
CY2016Q3 us-gaap Noninterest Income
NoninterestIncome
84000000 USD
us-gaap Noninterest Income
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259000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
7000000 USD
CY2017Q3 us-gaap Noninterest Income
NoninterestIncome
76000000 USD
us-gaap Noninterest Income
NoninterestIncome
226000000 USD
CY2016Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
8000000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
20000000 USD
CY2017Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
13000000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
60000000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
2122000000 USD
CY2017Q3 us-gaap Other Assets
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1986000000 USD
CY2016Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
347000000 USD
CY2017Q3 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
173000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
2000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
17000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
6000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
17000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13000000 USD
CY2016Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
195000000 USD
us-gaap Other Noninterest Expense
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589000000 USD
CY2017Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
242000000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
710000000 USD
CY2016Q3 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0 USD
us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0 USD
us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
4773000000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
3706000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
133000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
383000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
238000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1066000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
107000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
328000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1241000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1247000000 USD
us-gaap Payments To Acquire Loans Receivable
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54000000 USD
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
73000000 USD
us-gaap Provision For Loan Losses Expensed
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3942000000 USD
us-gaap Repayments Of Secured Debt
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4949000000 USD
us-gaap Repayments Of Secured Debt
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2884000000 USD
us-gaap Repayments Of Unsecured Debt
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4151000000 USD
us-gaap Repayments Of Unsecured Debt
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500000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
347000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
3766000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
2381000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
1193000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
741000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-8000000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
1038000000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
2987000000 USD
CY2016Q3 us-gaap Professional Fees
ProfessionalFees
174000000 USD
us-gaap Professional Fees
ProfessionalFees
474000000 USD
CY2017Q3 us-gaap Professional Fees
ProfessionalFees
161000000 USD
us-gaap Professional Fees
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470000000 USD
CY2016Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
986000000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2910000000 USD
CY2017Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1310000000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
173000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5330000000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6543000000 USD
CY2016Q4 us-gaap Senior Notes
SeniorNotes
7759000000 USD
CY2017Q3 us-gaap Senior Notes
SeniorNotes
8008000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
12604000000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
13981000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
14196000000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
14402000000 USD
CY2017Q3 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
3795000000 USD
CY2017Q3 us-gaap Time Deposit Maturities Remainder Of Fiscal Year
TimeDepositMaturitiesRemainderOfFiscalYear
2956000000 USD
CY2017Q3 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
2288000000 USD
CY2017Q3 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
3212000000 USD
CY2017Q3 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
5758000000 USD
CY2017Q3 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
15665000000 USD
CY2016Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
14200000000 USD
CY2017Q3 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
15800000000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
16632356 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
51400634 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
475000000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1531000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
238000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1066000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
150000000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
166000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
6000000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
11000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
99000000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
111000000 USD
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2200000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3600000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3700000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
830600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
834100000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
790900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
805000000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
828400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
832100000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
787300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
801300000 shares
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:none;">Interim Period Presentation</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The condensed consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed consolidated financial statements should not be considered as necessarily indicative of results that may be expected for the entire year. These condensed consolidated financial statements should be read in conjunction with our 2016 annual consolidated and combined financial statements and the related notes in our Annual Report on Form 10-K for the year ended </font><font style="font-family:Arial;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:Arial;font-size:10pt;"> (our "2016 Form 10-K"). </font></div></div>

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