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Borrowings - Additional Information (Details) - USD ($)
9 Months Ended 12 Months Ended
Sep. 19, 2018
Jun. 20, 2018
Mar. 21, 2018
Feb. 21, 2018
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Apr. 05, 2017
Dec. 31, 2016
Line of Credit Facility [Line Items]                  
Short-term borrowings         $ 0   $ 0    
Unsecured offering issued         1,900,500,000   $ 1,448,000,000   $ 1,782,000,000
Proceeds from loan securitization sold to third parties         $ 0 $ 197,000,000      
Estimated weighted average life of student loans (in years)         5 years 4 months 24 days   5 years 6 months    
Uncommitted federal funds         $ 125,000,000        
Lendable value of collateral         3,100,000,000   $ 2,600,000,000    
ABCP borrowings | Commercial Paper                  
Line of Credit Facility [Line Items]                  
Private asset backed commercial paper education loan funding facility       $ 750,000,000          
Ownership interest percentage in residual interest in ABCP facility       100.00%          
Short-term borrowings         0   0    
Private Education Loans 2018 Term A                  
Line of Credit Facility [Line Items]                  
Total loan amount securitized at inception     $ 670,000,000            
Amount of loan securitization sold to third parties     $ 670,000,000            
Ownership interest percentage     100.00%            
Proceeds from loan securitization sold to third parties     $ 668,000,000            
Loans pledged as collateral         661,000,000        
Class A and B Notes                  
Line of Credit Facility [Line Items]                  
Estimated weighted average life of student loans (in years) 4 years 3 months 25 days 4 years 4 months 24 days 4 years 5 months 4 days            
Private Education Loans 2018 Term B                  
Line of Credit Facility [Line Items]                  
Total loan amount securitized at inception   $ 687,000,000              
Amount of loan securitization sold to third parties   $ 687,000,000              
Ownership interest percentage   100.00%              
Proceeds from loan securitization sold to third parties   $ 683,000,000              
Loans pledged as collateral         692,000,000        
Private Education Loans 2018 Term C                  
Line of Credit Facility [Line Items]                  
Total loan amount securitized at inception $ 544,000,000                
Amount of loan securitization sold to third parties $ 544,000,000                
Ownership interest percentage 100.00%                
Proceeds from loan securitization sold to third parties $ 541,000,000                
Loans pledged as collateral         555,000,000        
LIBOR | ABCP borrowings | Commercial Paper                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate       0.85%          
LIBOR | Class A and B Notes                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate 0.77% 0.76% 0.78%            
Minimum | ABCP borrowings | Commercial Paper                  
Line of Credit Facility [Line Items]                  
Financing cost percentage of unused borrowing capacity       0.35%          
Maximum | ABCP borrowings | Commercial Paper                  
Line of Credit Facility [Line Items]                  
Financing cost percentage of unused borrowing capacity       0.45%          
Unsecured borrowings                  
Line of Credit Facility [Line Items]                  
Short-term borrowings         0   $ 0    
Unsecured borrowings | Senior Unsecured Notes Due April 5, 2022                  
Line of Credit Facility [Line Items]                  
Unsecured offering issued         $ 197,000,000     $ 200,000,000  
Interest rate stated percentage               5.125%