Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Assets:
Cash and deposits	[1]	$ 278.6	$ 822.1
Cash and interest bearing deposits, restricted		42.9	176.1
Cash and interest bearing deposits	[1]	1,440.1	5,608.5
Securities purchased under agreement to resell		150.0	0.0
Securities purchased under agreement to resell		6,469.9	4,491.1
Assets held for sale	[1]	2,263.1	636.0
Loans (see Note 10 for amounts pledged)		29,113.9	29,535.9
Allowance for loan losses		(431.1)	(432.6)
Total loans, net of allowance for loan losses	[1]	28,682.8	29,103.3
Operating lease equipment, net (see Note 10 for amounts pledged)	[1]	6,738.9	7,486.1
Goodwill		369.9	685.4
Bank owned life insurance		788.6	0.0
Other assets, including $68.7 and $111.6 at December 31, 2017 and 2016, respectively, at fair value		1,595.5	2,117.0
Assets of discontinued operations		501.3	13,220.7
Total Assets		49,278.7	64,170.2
Liabilities
Deposits		29,569.3	32,304.3
Credit balances of factoring clients		1,468.6	1,292.0
Other liabilities, including $198.1 and $177.9 at December 31, 2017 and 2016, respectively, at fair value		1,437.1	1,897.6
Borrowings, including $1,626.3 and $2,321.7 contractually due within twelve months at December 31, 2017 and 2016, respectively		8,974.4	14,935.5
Liabilities of discontinued operations		509.3	3,737.7
Total Liabilities		41,958.7	54,167.1
Stockholders' Equity
Preferred Stock		325.0	0.0
Common stock: $0.01 par value, 600,000,000 authorized, Issued: 207,628,491 and 206,182,213 at December 31, 2017 and December 31, 2016, respectively, Outstanding: 131,352,924 and 202,087,672 at December 31, 2017 and December 31, 2016, respectively		2.1	2.1
Paid-in capital		8,798.1	8,765.8
Retained earnings		1,906.5	1,553.0
Accumulated other comprehensive loss		(86.5)	(140.1)
Treasury stock: 76,275,567 and 4,094,541 shares at December 31, 2017 and 2016 at cost, respectively		(3,625.2)	(178.1)
Total Common Stockholders' Equity		6,995.0	10,002.7
Noncontrolling minority interests		0.0	0.4
Total Equity		7,320.0	10,003.1
Total Liabilities and Equity		49,278.7	64,170.2
Variable Interest Entities
Assets:
Cash and interest bearing deposits, restricted		80.4	99.9
Total loans, net of allowance for loan losses		119.1	300.5
Operating lease equipment, net (see Note 10 for amounts pledged)		763.3	775.8
Assets of discontinued operations		0.0	2,321.7
Total Assets		962.8	3,497.9
Liabilities
Beneficial interests issued by consolidated VIEs (classified as long-term borrowings)		566.6	770.0
Liabilities of discontinued operations		0.0	1,204.6
Total Liabilities		$ 566.6	$ 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.