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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 464 $ 270
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 869 980
Depreciation and amortization 61 68
Deferred income taxes 95 (64)
Non-cash stock compensation 41 41
Amortization of deferred financing costs 12 17
Amortization of deferred origination costs 57 72
Gain on portfolio sale (3) (9)
Loss on debt extinguishment and repurchased Convertible Notes 19 105
Change in other operating assets and liabilities    
Change in other assets 53 34
Change in other liabilities (131) (115)
Other (13) (19)
Net cash provided by operating activities 1,524 1,380
CASH FLOWS FROM INVESTING ACTIVITIES    
Change in credit card and other loans 156 505
Proceeds from sale of credit card loan portfolios 0 100
Purchases of credit card loan portfolios 0 (375)
Purchases of investments (20) (29)
Maturities of investments 16 10
Other, including capital expenditures (20) (29)
Net cash provided by investing activities 132 182
CASH FLOWS FROM FINANCING ACTIVITIES    
Unsecured borrowings under debt agreements 400 300
Repayments/maturities of unsecured borrowings under debt agreements (312) (821)
Debt issued by consolidated variable interest entities 25 1,265
Repayments/maturities of debt issued by consolidated variable interest entities (1,903) (1,617)
Net increase (decrease) in deposits 454 (775)
Payment of deferred financing costs (13) (8)
Dividends paid (31) (32)
Repurchase of common stock (190) (11)
Other (21) (8)
Net cash used in financing activities (1,591) (1,707)
Change in cash, cash equivalents and restricted cash 65 (145)
Cash, cash equivalents and restricted cash at beginning of period 3,714 3,616
Cash, cash equivalents and restricted cash at end of period 3,779 3,471
Cash and cash equivalents reconciliation    
Cash and cash equivalents 3,764 3,451
Restricted cash included within Other Assets 15 20
Total cash, cash equivalents and restricted cash $ 3,779 $ 3,471