Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and due from banks, including restricted balances of $60.8 and $176.1 at September 30, 2017 and December 31, 2016(1), respectively (see Note 6 for amounts pledged)		$ 453.4	$ 822.1
Interest bearing deposits, including restricted balances of $90.1 and $102.8 at September 30, 2017 and December 31, 2016(1), respectively (see Note 6 for amounts pledged)		2,658.9	5,608.5
Investment securities, including securities carried at fair value with changes recorded in net income of $247.7 and $283.5 at September 30, 2017 and December 31, 2016, respectively (see Note 6 for amounts pledged)		5,744.8	4,491.1
Assets held for sale	[1]	2,162.0	636.0
Loans (see Note 6 for amounts pledged)		28,505.3	29,535.9
Allowance for loan losses		(419.5)	(432.6)
Total loans, net of allowance for loan losses	[1]	28,085.8	29,103.3
Operating lease equipment, net	[1]	6,724.2	7,486.1
Bank-owned life insurance		651.8	0.0
Goodwill		625.5	685.4
Other assets, including $71.5 and $111.6 at September 30, 2017 and December 31, 2016, respectively, at fair value		1,667.1	2,117.0
Assets of discontinued operations		562.0	13,220.7
Total Assets		49,335.5	64,170.2
Liabilities
Deposits		29,594.7	32,304.3
Credit balances of factoring clients		1,698.5	1,292.0
Other liabilities, including $190.6 and $177.9 at September 30, 2017 and December 31, 2016, respectively, at fair value		1,496.1	1,897.6
Borrowings, including $897.4 and $2,321.7 contractually due within twelve months at September 30, 2017 and December 31, 2016, respectively		8,531.2	14,935.5
Liabilities of discontinued operations		563.7	3,737.7
Total Liabilities		41,884.2	54,167.1
Stockholders’ Equity
Preferred Stock: $0.01 par value, 100,000,000 authorized, 325,000 shares issued and outstanding		325.0	0.0
Common stock		2.1	2.1
Paid-in capital		8,787.1	8,765.8
Retained earnings		2,025.8	1,553.0
Accumulated other comprehensive loss		(73.3)	(140.1)
Treasury stock: 76,069,069 and 4,094,541 shares at September 30, 2017 and December 31, 2016 at cost, respectively		(3,615.4)	(178.1)
Total Common Stockholders’ Equity		7,126.3	10,002.7
Noncontrolling minority interests		0.0	0.4
Total Equity		7,451.3	10,003.1
Total Liabilities and Equity		49,335.5	64,170.2
Variable Interest Entities
Assets
Cash and interest bearing deposits, restricted		88.3	99.9
Total loans, net of allowance for loan losses		146.8	300.5
Operating lease equipment, net		759.9	775.8
Assets of discontinued operations		0.0	2,321.7
Total Assets		995.0	3,497.9
Liabilities
Beneficial interests issued by consolidated VIEs (classified as long-term borrowings)		603.9	770.0
Liabilities of discontinued operations		0.0	1,204.6
Total Liabilities		$ 603.9	$ 1,974.6

[1] The following table presents information on assets and liabilities related to Variable Interest Entities (VIEs) that are consolidated by the Company. The difference between VIE total assets and total liabilities represents the Company’s interests in those entities, which were eliminated in consolidation. The assets of the consolidated VIEs will be used to settle the liabilities of those entities and, except for the Company’s interest in the VIEs, are not available to the creditors of CIT or any affiliates of CIT.Assets Cash and interest bearing deposits, restricted$88.3 $99.9Total loans, net of allowance for loan losses146.8 300.5Operating lease equipment, net759.9 775.8Assets of discontinued operations— 2,321.7Total Assets$995.0 $3,497.9Liabilities Beneficial interests issued by consolidated VIEs (classified as long-term borrowings)$603.9 $770.0Liabilities of discontinued operations— 1,204.6Total Liabilities$603.9 $1,974.6