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Fair Value (Narrative) (Details)
9 Months Ended 12 Months Ended
Sep. 30, 2017
USD ($)
holdback
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Fair Value Disclosure [Line Items]      
Borrower rate, max effective period 90 days    
Assets held for sale $ 2,162,000,000 [1] $ 636,000,000 [1] $ 1,406,700,000
Fair value of loans, percentage 101.60% 100.60%  
Unpaid principal balance $ 3,265,800,000 $ 3,685,000,000  
Impaired loans carrying amount $ 210,600,000 $ 188,200,000  
Carrying amount of impaired loans percentage of unpaid principal balance 80.50% 77.00%  
Impaired loans unpaid principal balance with no specific allowance $ 74,300,000 $ 74,700,000  
Impaired loans carrying value with no specific allowance 61,700,000 55,500,000  
Impaired Loans      
Fair Value Disclosure [Line Items]      
Unpaid principal balance 261,500,000 244,300,000  
Level 2      
Fair Value Disclosure [Line Items]      
Assets held for sale 3,500,000    
Unsecured borrowings 3,800,000,000 10,600,000,000  
Face amount 3,800,000,000 3,300,000,000  
Level 3      
Fair Value Disclosure [Line Items]      
Face amount 1,000,000,000 1,100,000,000  
Estimated Fair Value      
Fair Value Disclosure [Line Items]      
Fair value of loans 26,178,600,000 26,846,700,000  
Estimated Fair Value | Level 2      
Fair Value Disclosure [Line Items]      
Fair value of loans 459,900,000 390,300,000  
Estimated Fair Value | Level 3      
Fair Value Disclosure [Line Items]      
OREO estimated fair value 27,300,000    
Fair value of loans 25,718,700,000 $ 26,456,400,000  
Minimum      
Fair Value Disclosure [Line Items]      
Threshold at which impaired finance receivables that are placed on non-accrual status are subject to individual review $ 500,000    
Minimum | Other Real Estate Owned | Level 3      
Fair Value Disclosure [Line Items]      
Inputs used to estimate cost to sell 5.30%    
Maximum | Other Real Estate Owned | Level 3      
Fair Value Disclosure [Line Items]      
Inputs used to estimate cost to sell 7.80%    
Weighted Average | Other Real Estate Owned | Level 3      
Fair Value Disclosure [Line Items]      
Inputs used to estimate cost to sell 5.70%    
Onewest Bank      
Fair Value Disclosure [Line Items]      
Probable amount of holdback to be paid $ 62,400,000    
Contingent liabilities 46,000,000    
Onewest Bank | Minimum      
Fair Value Disclosure [Line Items]      
Range of potential holdback to be paid 0    
Onewest Bank | Maximum      
Fair Value Disclosure [Line Items]      
Range of potential holdback to be paid $ 116,000,000    
FDIC True-up liability | La Jolla Transaction      
Fair Value Disclosure [Line Items]      
Number of days after the loss sharing agreement maturity 45 days    
Consideration holdback liability | Onewest Bank      
Fair Value Disclosure [Line Items]      
Number of consideration holdback liabilities | holdback 4    
Reduction in cash consideration due to trailing risks $ 116,000,000    
Consideration holdback liability | Onewest Bank | Minimum      
Fair Value Disclosure [Line Items]      
Holdback periods 1 year    
Consideration holdback liability | Onewest Bank | Maximum      
Fair Value Disclosure [Line Items]      
Holdback periods 5 years    
[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