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Borrowings (Schedule of Long-Term Borrowings) (Details) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Debt Instrument [Line Items]    
Long-term borrowings $ 8,531.2 $ 14,935.5
CIT Group Inc.    
Debt Instrument [Line Items]    
Long-term borrowings 3,748.0  
Subsidiaries    
Debt Instrument [Line Items]    
Long-term borrowings 4,783.2  
Senior Unsecured    
Debt Instrument [Line Items]    
Long-term borrowings 3,748.0 10,599.0
Senior Unsecured | CIT Group Inc.    
Debt Instrument [Line Items]    
Long-term borrowings 3,748.0  
Senior Unsecured | Subsidiaries    
Debt Instrument [Line Items]    
Long-term borrowings 0.0  
Secured Borrowings    
Debt Instrument [Line Items]    
Long-term borrowings 1,637.7 1,925.7
Secured Borrowings | CIT Group Inc.    
Debt Instrument [Line Items]    
Long-term borrowings 0.0  
Secured Borrowings | Subsidiaries    
Debt Instrument [Line Items]    
Long-term borrowings 1,637.7  
FHLB advances    
Debt Instrument [Line Items]    
Long-term borrowings 3,145.5 $ 2,410.8
FHLB advances | CIT Group Inc.    
Debt Instrument [Line Items]    
Long-term borrowings 0.0  
FHLB advances | Subsidiaries    
Debt Instrument [Line Items]    
Long-term borrowings $ 3,145.5