Condensed Financial Information (Parent Company Only) (Tables) - Parent Company [Member]

12 Months Ended

Dec. 31, 2015

The following presents the parent company’s condensed statement of comprehensive income (loss), balance sheet and statement of cash flows:

CONDENSED STATEMENT OF COMPREHENSIVE INCOME (LOSS)

(In millions)



	Year Ended December 31,
	2015			2014			2013
Dividends from subsidiaries	$	859		$	311		$	193
Other revenues	371			333			281
Total net revenue	1,230			644			474
Total operating expense	487			421			359
Income before other income (expense), income tax benefit, and equity in income (loss) of consolidated subsidiaries	743			223			115
Total other income (expense)	(127		)	(166		)	(108		)
Income before income tax benefit and equity in income (loss) of consolidated subsidiaries	616			57			7
Income tax benefit	(287		)	(88		)	(76		)
Equity in undistributed income (loss) of subsidiaries	(635		)	148			3
Net income	268			293			86
Other comprehensive income (loss)	150			204			(143		)
Comprehensive income (loss)	$	418		$	497		$	(57	)

CONDENSED BALANCE SHEET

(In millions)



	December 31,
	2015		2014
ASSETS
Cash and equivalents	$	432	$	220
Property and equipment, net	156		165
Investment in consolidated subsidiaries	5,434		5,763
Receivable from subsidiaries	57		31
Deferred tax assets, net	739		335
Other assets	173		410
Total assets	$	6,991	$	6,924
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities:
Corporate debt	$	997	$	1,366
Other liabilities	195		183
Total liabilities	1,192		1,549
Total shareholders’ equity	5,799		5,375
Total liabilities and shareholders’ equity	$	6,991	$	6,924

CONDENSED STATEMENT OF CASH FLOWS

(In millions)



	Year Ended December 31,
	2015			2014			2013
Cash flows from operating activities:
Net income	$	268		$	293		$	86
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	44			38			40
Equity in undistributed (income) loss from subsidiaries	635			(148		)	(3		)
Losses on early extinguishment of debt	5			6			—
Other	(163		)	(28		)	(60		)
Net cash provided by operating activities	789			161			63
Cash flows from investing activities:
Capital expenditures for property and equipment	(33		)	(62		)	(24		)
Proceeds from sale of subsidiary	—			76			—
Cash contributions to subsidiaries	(147		)	(29		)	(39		)
Other	—			—			4
Net cash used in investing activities	(180		)	(15		)	(59		)
Cash flows from financing activities:
Net proceeds from issuance of senior notes	460			540			—
Payments on senior notes	(800		)	(940		)	—
Repurchases of common stock	(50		)	—			—
Other	(7		)	68			2
Net cash provided by (used in) financing activities	(397		)	(332		)	2
Increase (decrease) in cash and equivalents	212			(186		)	6
Cash and equivalents, beginning of period	220			406			400
Cash and equivalents, end of period	$	432		$	220		$	406