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Borrowings - Additional Information (Details) - USD ($)
9 Months Ended 12 Months Ended
Feb. 22, 2017
Feb. 08, 2017
Feb. 25, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Apr. 05, 2017
Dec. 31, 2015
Line of Credit Facility [Line Items]                
Short-term borrowings       $ 300,000,000   $ 0    
Unsecured offering issued       772,000,000   $ 1,782,000,000   $ 630,800,000
Proceeds from loan securitization sold to third parties       $ 197,000,000 $ 0      
Estimated weighted average life of student loans (in years)       5 years 7 months 3 days   6 years    
Uncommitted federal funds       $ 125,000,000        
Lendable value of collateral       2,500,000,000   $ 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   $ 750,000,000.0          
Ownership interest percentage in residual interest in ABCP facility 100.00%   100.00%          
Short-term borrowings       300,000,000        
Private Education Loans                
Line of Credit Facility [Line Items]                
Total loan amount securitized at inception   $ 772,000,000            
Amount of loan securitization sold to third parties   $ 772,000,000            
Class A Notes                
Line of Credit Facility [Line Items]                
Ownership interest percentage   100.00%            
Proceeds from loan securitization sold to third parties   $ 768,000,000            
Class A and B Notes                
Line of Credit Facility [Line Items]                
Estimated weighted average life of student loans (in years)   4 years 3 months 7 days            
Private Education Loans, 2016 Term A                
Line of Credit Facility [Line Items]                
Loans pledged as collateral       749,000,000        
LIBOR | ABCP borrowings | Commercial Paper                
Line of Credit Facility [Line Items]                
Basis spread on variable rate 0.90%   0.90%          
LIBOR | Class A and B Notes                
Line of Credit Facility [Line Items]                
Basis spread on variable rate   0.93%            
Minimum | ABCP borrowings | Commercial Paper                
Line of Credit Facility [Line Items]                
Financing cost percentage of unused borrowing capacity 0.35%   0.35%          
Maximum | ABCP borrowings | Commercial Paper                
Line of Credit Facility [Line Items]                
Financing cost percentage of unused borrowing capacity 0.45%   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             $ 200,000,000  
Interest rate stated percentage             5.125%