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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income    
Interest and fees on loans $ 467.6 $ 451.3
Other interest and dividends 46.0 65.2
Interest income 513.6 516.5
Interest expense    
Interest on deposits 156.6 153.8
Interest on borrowings 69.1 81.8
Interest expense 225.7 235.6
Net interest revenue 287.9 280.9
Provision for credit losses 513.9 33.0
Net interest revenue, after credit provision (226.0) 247.9
Non-interest income    
Rental income on operating leases 209.8 217.7
Other non-interest income 130.6 96.8
Total non-interest income 340.4 314.5
Total revenue, net of interest expense and credit provision 114.4 562.4
Non-interest expenses    
Depreciation on operating lease equipment 78.3 79.4
Maintenance and other operating lease expenses 53.6 49.8
Operating expenses 334.4 276.1
Goodwill impairment 344.7  
Loss on debt extinguishment and deposit redemption   0.1
Total non-interest expenses 811.0 405.4
(Loss) income from continuing operations before (benefit) provision for income taxes (696.6) 157.0
(Benefit) provision for income taxes (72.3) 37.8
(Loss) income from continuing operations (624.3) 119.2
Discontinued operations    
Loss from discontinued operations, net of taxes   (0.3)
Net (loss) income (624.3) 118.9
Preferred stock dividends 3.8  
Net (loss) income available to common shareholders (628.1) 118.9
(Loss) income from continuing operations available to common shareholders $ (628.1) $ 119.2
Basic (loss) income per common share    
(Loss) income from continuing operations $ (6.40) $ 1.19
Loss from discontinued operations   (0.01)
Basic (loss) income per share (6.40) 1.18
Diluted (loss) income per common share    
(Loss) income from continuing operations (6.40) 1.18
Income (loss) from discontinued operations 0 0
Diluted (loss) income per share $ (6.40) $ 1.18
Average number of common shares (thousands)    
Basic 98,089 100,420
Diluted 98,089 101,096