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Borrowings - Additional (Details) - USD ($)
12 Months Ended
Feb. 22, 2017
Oct. 12, 2016
Jul. 21, 2016
May 26, 2016
Feb. 25, 2016
Jul. 30, 2015
Dec. 31, 2016
Dec. 31, 2015
Feb. 08, 2017
Oct. 27, 2015
Apr. 23, 2015
Dec. 19, 2014
Debt Instrument [Line Items]                        
Amount drawn and outstanding under ABCP facility             $ 0 $ 500,175,000        
Estimated weighted average life of student loans             6 years 6 years 2 months 6 days        
Discretionary uncommitted federal funds line of credit             $ 125,000,000          
Lendable value of collateral             2,600,000,000 $ 1,700,000,000        
ABCP borrowings                        
Debt Instrument [Line Items]                        
Amount drawn and outstanding under ABCP facility             $ 0 $ 500,175,000        
Contractual maturity related to ABCP facility             2 years          
Revolving period of contractual maturity             1 year          
Amortization period of contractual maturity             1 year          
Private Education Loans                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing   $ 674,000,000 $ 657,000,000 $ 551,000,000   $ 714,000,000            
Loans sold to third parties           631,000,000       $ 701,000,000 $ 738,000,000  
Gross profit raised from loans sold to third parties           $ 623,000,000            
Loans pledged as collateral             $ 627,000,000          
Class B Notes                        
Debt Instrument [Line Items]                        
Ownership interest percentage on asset-backed financing     100.00% 100.00%                
Ownership interest amount of securitized or asset backed loan     $ 50,000,000 $ 50,000,000                
Residual Certificates                        
Debt Instrument [Line Items]                        
Ownership interest percentage on asset-backed financing     100.00% 100.00%   100.00%            
Private Education Loans, Class A                        
Debt Instrument [Line Items]                        
Loans sold to third parties     $ 607,000,000 $ 501,000,000                
Gross profit raised from loans sold to third parties     $ 607,000,000 $ 501,000,000                
Class A Notes                        
Debt Instrument [Line Items]                        
Estimated weighted average life of student loans     4 years 4 days 4 years 4 days                
Private Education Loans, 2016 Term A                        
Debt Instrument [Line Items]                        
Loans pledged as collateral             564,000,000          
Private Education Loans, 2016 Term B                        
Debt Instrument [Line Items]                        
Loans pledged as collateral             $ 683,000,000          
Class A and B Notes                        
Debt Instrument [Line Items]                        
Ownership interest percentage on asset-backed financing           5.00%            
Ownership interest amount of securitized or asset backed loan           $ 33,000,000            
Estimated weighted average life of student loans   4 years 3 months 7 days       4 years 9 months 18 days            
Private Education Loans, 2016 Term C                        
Debt Instrument [Line Items]                        
Loans pledged as collateral   $ 689,000,000                    
Class C Notes                        
Debt Instrument [Line Items]                        
Ownership interest percentage on asset-backed financing   100.00%                    
Ownership interest amount of securitized or asset backed loan           $ 50,000,000            
Loans sold to third parties   $ 674,000,000                    
Gross profit raised from loans sold to third parties   $ 673,000,000                    
London Interbank Offered Rate (LIBOR) | Class A Notes                        
Debt Instrument [Line Items]                        
Basis spread on variable rate     1.36% 1.38%                
London Interbank Offered Rate (LIBOR) | Class A and B Notes                        
Debt Instrument [Line Items]                        
Basis spread on variable rate   1.15%       1.53%            
Commercial Paper | ABCP borrowings                        
Debt Instrument [Line Items]                        
Private education loan funding         $ 750,000,000.0             $ 750,000,000.0
Ownership interest retained in ABCP facility (as a percent)                       5.00%
Required ownership interest                       $ 37,500,000
Funds available to draw                       $ 712,500,000
Unused borrowing capacity fee (as a percent)               0.40%        
Ownership Interest Percentage             100.00%          
Commercial Paper | London Interbank Offered Rate (LIBOR) | ABCP borrowings                        
Debt Instrument [Line Items]                        
Basis spread on variable rate         0.90%     0.80%        
Minimum | Commercial Paper | ABCP borrowings                        
Debt Instrument [Line Items]                        
Unused borrowing capacity fee (as a percent)         0.35%              
Maximum | Commercial Paper | ABCP borrowings                        
Debt Instrument [Line Items]                        
Unused borrowing capacity fee (as a percent)         0.45%              
Subsequent Event | Private Education Loans                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing                 $ 772,000,000      
Loans sold to third parties                 $ 772,000,000      
Subsequent Event | Residual Certificates                        
Debt Instrument [Line Items]                        
Ownership interest percentage on asset-backed financing                 100.00%      
Subsequent Event | Commercial Paper | ABCP borrowings                        
Debt Instrument [Line Items]                        
Private education loan funding $ 750,000,000.0                      
Subsequent Event | Commercial Paper | London Interbank Offered Rate (LIBOR) | ABCP borrowings                        
Debt Instrument [Line Items]                        
Basis spread on variable rate 0.90%                      
Subsequent Event | Minimum | Commercial Paper | ABCP borrowings                        
Debt Instrument [Line Items]                        
Unused borrowing capacity fee (as a percent) 0.35%                      
Subsequent Event | Maximum | Commercial Paper | ABCP borrowings                        
Debt Instrument [Line Items]                        
Unused borrowing capacity fee (as a percent) 0.45%