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Fair Value (Carrying And Estimated Fair Values Of Financial Instruments) (Details) - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Financial Assets      
Cash and interest bearing deposits [1] $ 1,440.1 $ 5,608.5  
Financial Liabilities      
Credit balances of factoring clients (1,468.6) (1,292.0) $ (1,344.0)
Debt Securities AFS 6,123.6    
Securities carried at fair value with changes recorded in net income 0.4 283.5  
Carrying Value      
Financial Assets      
Cash and interest bearing deposits 1,718.7 6,430.6  
Assets held for sale (excluding leases) 1,011.4 428.4  
Loans (excluding leases) 26,428.1 26,683.0  
Securities purchased under agreement to resell 150.0    
Investment securities 6,469.9 4,491.1  
Indemnification assets 113.5 233.4  
Other assets subject to fair value disclosure and unsecured counterparty receivables 542.2 712.2  
Financial Liabilities      
Deposits (29,586.5) (32,323.2)  
Borrowings (9,043.8) (15,097.8)  
Credit balances of factoring clients (1,468.6) (1,292.0)  
Other liabilities subject to fair value disclosure (725.2) (1,003.6)  
Carrying Value | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 68.5 94.7  
Financial Liabilities      
Derivative liabilities at fair value (68.3) (68.8)  
Carrying Value | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.2 16.9  
Financial Liabilities      
Derivative liabilities at fair value (18.7)    
Estimated Fair Value      
Financial Assets      
Cash and interest bearing deposits 1,718.7 6,430.6  
Assets held for sale (excluding leases) 1,049.5 439.6  
Loans (excluding leases) 26,844.8 26,846.7  
Securities purchased under agreement to resell 150.0    
Investment securities 6,469.9 4,494.2  
Indemnification assets 87.4 201.0  
Other assets subject to fair value disclosure and unsecured counterparty receivables 542.2 712.2  
Financial Liabilities      
Deposits (29,668.6) (32,490.9)  
Borrowings (9,272.9) (15,562.7)  
Credit balances of factoring clients (1,468.6) (1,292.0)  
Other liabilities subject to fair value disclosure (725.2) (1,003.6)  
Agency claimed indemnification assets 28.9 108.0  
Estimated Fair Value | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 68.5 94.7  
Financial Liabilities      
Derivative liabilities at fair value (68.3) (68.8)  
Estimated Fair Value | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.2 16.9  
Financial Liabilities      
Derivative liabilities at fair value (18.7)    
Level 1 | Estimated Fair Value      
Financial Assets      
Cash and interest bearing deposits 1,718.7 6,430.6  
Assets held for sale (excluding leases) 0.0 0.0  
Loans (excluding leases) 0.0 0.0  
Securities purchased under agreement to resell 0.0    
Investment securities 199.2 200.4  
Indemnification assets 0.0 0.0  
Other assets subject to fair value disclosure and unsecured counterparty receivables 0.0 0.0  
Financial Liabilities      
Deposits 0.0 0.0  
Borrowings 0.0 0.0  
Credit balances of factoring clients 0.0 0.0  
Other liabilities subject to fair value disclosure 0.0 0.0  
Level 1 | Estimated Fair Value | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.0 0.0  
Financial Liabilities      
Derivative liabilities at fair value 0.0 0.0  
Level 1 | Estimated Fair Value | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.0 0.0  
Financial Liabilities      
Derivative liabilities at fair value 0.0    
Level 2 | Estimated Fair Value      
Financial Assets      
Cash and interest bearing deposits 0.0 0.0  
Assets held for sale (excluding leases) 4.7 175.0  
Loans (excluding leases) 624.3 390.3  
Securities purchased under agreement to resell 150.0    
Investment securities 5,583.3 3,199.6  
Indemnification assets 0.0 0.0  
Other assets subject to fair value disclosure and unsecured counterparty receivables 0.0 0.0  
Financial Liabilities      
Deposits 0.0 0.0  
Borrowings (8,281.7) (14,457.8)  
Credit balances of factoring clients 0.0 0.0  
Other liabilities subject to fair value disclosure 0.0 0.0  
Level 2 | Estimated Fair Value | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 68.4 94.7  
Financial Liabilities      
Derivative liabilities at fair value (54.2) (57.3)  
Level 2 | Estimated Fair Value | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.2 16.9  
Financial Liabilities      
Derivative liabilities at fair value (18.7)    
Level 3 | Estimated Fair Value      
Financial Assets      
Cash and interest bearing deposits 0.0 0.0  
Assets held for sale (excluding leases) 1,044.8 264.6  
Loans (excluding leases) 26,220.5 26,456.4  
Securities purchased under agreement to resell 0.0    
Investment securities 687.4 1,094.2  
Indemnification assets 87.4 201.0  
Other assets subject to fair value disclosure and unsecured counterparty receivables 542.2 712.2  
Financial Liabilities      
Deposits (29,668.6) (32,490.9)  
Borrowings (991.2) (1,104.9)  
Credit balances of factoring clients (1,468.6) (1,292.0)  
Other liabilities subject to fair value disclosure (725.2) (1,003.6)  
Debt Securities AFS 385.8 485.5  
Debt securities HFM   68.8  
Non-marketable securities 301.2 256.4  
Level 3 | Estimated Fair Value | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.1 0.0  
Financial Liabilities      
Derivative liabilities at fair value (14.1) (11.5)  
Level 3 | Estimated Fair Value | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.0 0.0  
Financial Liabilities      
Derivative liabilities at fair value 0.0    
Recurring      
Financial Liabilities      
Debt Securities AFS 6,123.6 3,674.1  
Securities carried at fair value with changes recorded in net income 0.4 283.5  
Recurring | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 68.5 94.7  
Financial Liabilities      
Derivative liabilities at fair value (68.3) (68.8)  
Recurring | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.2 16.9  
Financial Liabilities      
Derivative liabilities at fair value (18.7)    
Recurring | Level 1      
Financial Liabilities      
Debt Securities AFS 199.0 200.1  
Securities carried at fair value with changes recorded in net income 0.0 0.0  
Recurring | Level 1 | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.0 0.0  
Financial Liabilities      
Derivative liabilities at fair value 0.0 0.0  
Recurring | Level 1 | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.0 0.0  
Recurring | Level 2      
Financial Liabilities      
Debt Securities AFS 5,538.8 2,988.5  
Securities carried at fair value with changes recorded in net income 0.0 0.0  
Recurring | Level 2 | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 68.4 94.7  
Financial Liabilities      
Derivative liabilities at fair value (54.2) (57.3)  
Recurring | Level 2 | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.2 16.9  
Financial Liabilities      
Derivative liabilities at fair value (18.7)    
Recurring | Level 3      
Financial Liabilities      
Debt Securities AFS 385.8 485.5  
Securities carried at fair value with changes recorded in net income 0.4 283.5  
Recurring | Level 3 | Non-Qualifying Hedges      
Financial Assets      
Derivative assets at fair value 0.1 0.0  
Financial Liabilities      
Derivative liabilities at fair value (14.1) (11.5)  
Recurring | Level 3 | Qualifying Hedges      
Financial Assets      
Derivative assets at fair value $ 0.0 $ 0.0  
[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.