v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - OMFC - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities        
Net income $ 167 $ 71 $ 380 $ 225
Reconciling adjustments:        
Provision for finance receivable losses 511 575 967 1,006
Depreciation and amortization     142 136
Deferred income tax benefit     (5) (12)
Net loss on repurchases and repayments of debt 21 12 26 14
Share-based compensation expense, net of forfeitures     21 16
Gain on sales of finance receivables (17) (6) (33) (12)
Other     (1) (2)
Cash flows due to changes in other assets and other liabilities     (58) (101)
Net cash provided by operating activities     1,439 1,270
Cash flows from investing activities        
Net principal originations and purchases of finance receivables     (1,826) (1,467)
Proceeds from sales of finance receivables     553 319
Foursight Acquisition, net of cash acquired     0 (64)
Available-for-sale securities purchased     (200) (148)
Available-for-sale securities called, sold, and matured     165 167
Other securities purchased     (3) (5)
Other securities called, sold, and matured     12 8
Other, net     (45) (41)
Net cash used for investing activities     (1,344) (1,231)
Cash flows from financing activities        
Proceeds from issuance and borrowings of long-term debt, net of issuance costs     4,069 1,877
Repayments and repurchases of long-term debt     (3,499) (1,901)
Cash dividends     (251) (247)
Withholding tax on share-based compensation     (10) (8)
Net cash provided by (used for) financing activities     274 (290)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents     369 (251)
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period     1,142 1,548
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period 1,511 1,297 1,511 1,297
Supplemental cash flow information        
Cash and cash equivalents 769 667 769 667
Restricted cash and restricted cash equivalents 742 630 742 630
Total cash and cash equivalents and restricted cash and restricted cash equivalents 1,511 1,297 1,511 1,297
OMFC        
Cash flows from operating activities        
Net income 167 71 380 225
Reconciling adjustments:        
Provision for finance receivable losses 511 575 967 1,006
Depreciation and amortization     142 136
Deferred income tax benefit     (5) (12)
Net loss on repurchases and repayments of debt 21 12 26 14
Share-based compensation expense, net of forfeitures     21 16
Gain on sales of finance receivables (17) (6) (33) (12)
Other     (1) (2)
Cash flows due to changes in other assets and other liabilities     (59) (102)
Net cash provided by operating activities     1,438 1,269
Cash flows from investing activities        
Net principal originations and purchases of finance receivables     (1,826) (1,467)
Proceeds from sales of finance receivables     553 319
Foursight Acquisition, net of cash acquired     0 (64)
Available-for-sale securities purchased     (200) (148)
Available-for-sale securities called, sold, and matured     165 167
Other securities purchased     (3) (5)
Other securities called, sold, and matured     12 8
Other, net     (45) (41)
Net cash used for investing activities     (1,344) (1,231)
Cash flows from financing activities        
Proceeds from issuance and borrowings of long-term debt, net of issuance costs     4,069 1,877
Repayments and repurchases of long-term debt     (3,499) (1,901)
Cash dividends     (279) (265)
Withholding tax on share-based compensation     (10) (8)
Net cash provided by (used for) financing activities     281 (297)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents     375 (259)
Cash and cash equivalents and restricted cash and restricted cash equivalents at beginning of period     1,108 1,545
Cash and cash equivalents and restricted cash and restricted cash equivalents at end of period 1,483 1,286 1,483 1,286
Supplemental cash flow information        
Cash and cash equivalents 741 656 741 656
Restricted cash and restricted cash equivalents 742 630 742 630
Total cash and cash equivalents and restricted cash and restricted cash equivalents $ 1,483 $ 1,286 $ 1,483 $ 1,286