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Long-Term Borrowings (Condensed Consolidating Statements Of Operation) (Details) (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest income $ 602.1 $ 1,023.8 [1] $ 1,245.3 $ 2,128.5 [1],[2]
Total interest expense (805.7) (807.5) [1] (1,504.6) (1,638.9) [1],[2]
Net interest revenue (203.6) 216.3 [1] (259.3) 489.6 [1],[2]
Provision for credit losses (84.7) (246.7) [1] (208.1) (472.8) [1],[2]
Net interest revenue, after credit provision (288.3) (30.4) [1] (467.4) 16.8 [1],[2]
Equity in net income of subsidiaries     0 0 [2]
Rental income on operating leases 417.9 417.9 [1] 831.2 843.7 [1],[2]
Other 239.9 338.5 [1] 518.1 488.9 [1],[2]
Total other income 657.8 756.4 [1] 1,349.3 1,332.6 [1],[2]
Total revenue, net of interest expense and credit provision 369.5 726.0 [1] 881.9 1,349.4 [1],[2]
Depreciation on operating lease equipment (145.5) (178.1) [1] (306.0) (350.8) [1],[2]
Operating Expenses (245.8) (277.8) [1] (462.2) (539.5) [1],[2]
Total other expenses (391.3) (455.9) [1] (768.2) (890.3) [1],[2]
Income (loss) before income taxes (21.8) 270.1 [1] 113.7 459.1 [1],[2]
Provision for income taxes (26.9) (88.2) [1] (92.6) (131.6) [1],[2]
Net income before attribution of noncontrolling interests (48.7) 181.9 [1] 21.1 327.5 [1],[2]
Net income attributable to noncontrolling interests, after tax 0.7 (0.3) [1] (3.5) (1.3) [1],[2]
Net income (loss) (48.0) 181.6 [1] 17.6 326.2 [1],[2],[3]
CIT Group Inc [Member]
       
Interest income     1.8 1.0 [2]
Total interest expense     (1,054.3) (885.9) [2]
Net interest revenue     (1,052.5) (884.9) [2]
Provision for credit losses     (6.7) (11.1) [2]
Net interest revenue, after credit provision     (1,059.2) (896.0) [2]
Equity in net income of subsidiaries     1,071.3 871.7 [2]
Rental income on operating leases     0 0 [2]
Other     (125.5) 233.5 [2]
Total other income     (125.5) 233.5 [2]
Total revenue, net of interest expense and credit provision     (113.4) 209.2 [2]
Depreciation on operating lease equipment     0 0 [2]
Operating Expenses     (11.0) 17.8 [2]
Total other expenses     (11.0) 17.8 [2]
Income (loss) before income taxes     (124.4) 227.0 [2]
Provision for income taxes     142.0 98.8 [2]
Net income before attribution of noncontrolling interests     17.6 325.8 [2]
Net income attributable to noncontrolling interests, after tax     0 0 [2]
Net income (loss)     17.6 325.8 [2]
Guarantor Entities [Member]
       
Interest income     469.6 980.1 [2]
Total interest expense     (143.1) (290.1) [2]
Net interest revenue     326.5 690.0 [2]
Provision for credit losses     (42.5) 280.9 [2]
Net interest revenue, after credit provision     284.0 409.1 [2]
Equity in net income of subsidiaries     609.1 519.2 [2]
Rental income on operating leases     289.7 277.2 [2]
Other     336.0 65.2 [2]
Total other income     625.7 342.4 [2]
Total revenue, net of interest expense and credit provision     1,518.8 1,270.7 [2]
Depreciation on operating lease equipment     (100.8) (125.7) [2]
Operating Expenses     (277.8) (342.8) [2]
Total other expenses     (378.6) (468.5) [2]
Income (loss) before income taxes     1,140.2 802.2 [2]
Provision for income taxes     (103.7) 1.5 [2]
Net income before attribution of noncontrolling interests     1,036.5 803.7 [2]
Net income attributable to noncontrolling interests, after tax     0 0.4 [2]
Net income (loss)     1,036.5 804.1 [2]
Pledged Entities [Member]
       
Interest income     181.7 312.8 [2]
Total interest expense     (116.0) (216.8) [2]
Net interest revenue     65.7 96.0 [2]
Provision for credit losses     (86.3) (51.5) [2]
Net interest revenue, after credit provision     (20.6) 44.5 [2]
Equity in net income of subsidiaries     216.5 263.9 [2]
Rental income on operating leases     359.2 364.6 [2]
Other     91.8 190.1 [2]
Total other income     451.0 554.7 [2]
Total revenue, net of interest expense and credit provision     646.9 863.1 [2]
Depreciation on operating lease equipment     (123.2) (129.6) [2]
Operating Expenses     (76.7) (95.2) [2]
Total other expenses     (199.9) (224.8) [2]
Income (loss) before income taxes     447.0 638.3 [2]
Provision for income taxes     (59.5) (130.9) [2]
Net income before attribution of noncontrolling interests     387.5 507.4 [2]
Net income attributable to noncontrolling interests, after tax     0.4 (0.5) [2]
Net income (loss)     387.9 506.9 [2]
Other Non Guarantor Entities [Member]
       
Interest income     596.8 859.9 [2]
Total interest expense     (199.0) (259.4) [2]
Net interest revenue     397.8 600.5 [2]
Provision for credit losses     (72.6) (136.2) [2]
Net interest revenue, after credit provision     325.2 464.3 [2]
Equity in net income of subsidiaries     56.7 291.7 [2]
Rental income on operating leases     182.3 202.9 [2]
Other     227.1 12.7 [2]
Total other income     409.4 215.6 [2]
Total revenue, net of interest expense and credit provision     791.3 971.6 [2]
Depreciation on operating lease equipment     (82.0) (96.0) [2]
Operating Expenses     (110.6) (145.1) [2]
Total other expenses     (192.6) (241.1) [2]
Income (loss) before income taxes     598.7 730.5 [2]
Provision for income taxes     (79.0) (101.6) [2]
Net income before attribution of noncontrolling interests     519.7 628.9 [2]
Net income attributable to noncontrolling interests, after tax     0.5 0.5 [2]
Net income (loss)     520.2 629.4 [2]
Guarantor And Non Guarantor Entities Eliminations [Member]
       
Interest income     (4.6) (25.3) [2]
Total interest expense     7.8 13.3 [2]
Net interest revenue     3.2 (12.0) [2]
Provision for credit losses     0 6.9 [2]
Net interest revenue, after credit provision     3.2 (5.1) [2]
Equity in net income of subsidiaries     (1,953.6) (1,946.5) [2]
Rental income on operating leases     0 (1.0) [2]
Other     (11.3) (12.6) [2]
Total other income     (11.3) (13.6) [2]
Total revenue, net of interest expense and credit provision     (1,961.7) (1,965.2) [2]
Depreciation on operating lease equipment     0 0.5 [2]
Operating Expenses     13.9 25.8 [2]
Total other expenses     13.9 26.3 [2]
Income (loss) before income taxes     (1,947.8) (1,938.9) [2]
Provision for income taxes     7.6 0.6 [2]
Net income before attribution of noncontrolling interests     (1,940.2) (1,938.3) [2]
Net income attributable to noncontrolling interests, after tax     (4.4) (1.7) [2]
Net income (loss)     $ (1,944.6) $ (1,940.0) [2]
[1] These restated balances were disclosed in Note 26 of the Company's Form 10-K for the year ended December 31, 2010.
[2] 2010 data has been conformed to the current quarter presentation.
[3] These restated balances were disclosed in Note 26 of the Company's Form 10-K for the year ended December 31, 2010.