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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay Versus Performance
The following table presents certain information regarding compensation paid to our CEO and other NEOs, and certain measures of financial performance, for the four years ended December 31, 2023. The amounts shown below are calculated in accordance with Item 402(v) of Regulation S-K.
​ ​
Year
​ ​ ​
Summary
Compensation
Table Total for
CEO
​ ​ ​
Compensation
Actually Paid
to CEO(1)
​ ​ ​
Average
Summary
Compensation
Table Total for
Non-CEO
NEOs(2)
​ ​ ​
Average
Compensation
Actually Paid to
Non-CEO NEOs(2)
​ ​ ​
Value of Initial Fixed $100
Investment Based On:
​ ​ ​
Net
Income(4)
(in millions)
​ ​ ​
C&I Capital
Generation(4)(5)
(in millions)
​ ​
​
Total
Stockholder
Return
​ ​ ​
Peer Group
Total
Stockholder
Return(3)
​ ​
​ ​ 2023 ​ ​ ​ ​ $ 15,448,668 ​ ​ ​ ​ ​ $ 19,411,856 ​ ​ ​ ​ ​ $ 4,715,933 ​ ​ ​ ​ ​ $ 6,039,373 ​ ​ ​ ​ ​ $ 198.75 ​ ​ ​ ​ ​ $ 125.32 ​ ​ ​ ​ ​ $ 641 ​ ​ ​ ​ ​ $ 794 ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ $ 10,825,968 ​ ​ ​ ​ ​ $ 3,745,311 ​ ​ ​ ​ ​ $ 3,148,402 ​ ​ ​ ​ ​ $ 647,344 ​ ​ ​ ​ ​ $ 121.88 ​ ​ ​ ​ ​ $ 106.95 ​ ​ ​ ​ ​ $ 872 ​ ​ ​ ​ ​ $ 1,064 ​ ​ ​
​ ​ 2021 ​ ​ ​ ​ $ 21,715,068 ​ ​ ​ ​ ​ $ 39,608,197 ​ ​ ​ ​ ​ $ 8,166,095 ​ ​ ​ ​ ​ $ 14,259,457 ​ ​ ​ ​ ​ $ 167.32 ​ ​ ​ ​ ​ $ 122.43 ​ ​ ​ ​ ​ $ 1,314 ​ ​ ​ ​ ​ $ 1,303 ​ ​ ​
​ ​ 2020 ​ ​ ​ ​ $ 9,739,632 ​ ​ ​ ​ ​ $ 13,192,003 ​ ​ ​ ​ ​ $ 3,238,132 ​ ​ ​ ​ ​ $ 3,902,537 ​ ​ ​ ​ ​ $ 135.33 ​ ​ ​ ​ ​ $ 97.76 ​ ​ ​ ​ ​ $ 730 ​ ​ ​ ​ ​ $ 1,056 ​ ​ ​
​
(1)
Mr. Shulman served as our Chief Executive Officer for each year presented.
​
(2)
Messrs. Conrad and Chadha were our other NEOs for each year presented.
​
(3)
The market index used was the NYSE Financial Sector Index.
​
(4)
On January 1, 2023, the Company adopted ASU 2018-12, Financial Services — Insurance: Targeted Improvements to the Accounting for Long-Duration Contracts. In accordance with this standard, the Company has recast its prior period financial information to reflect the effects of the adoption. See our Annual Report on Form 10-K for the year ended December 31, 2023, for additional information on the adoption of ASU 2018-12.
​
(5)
The company-selected measure is C&I Capital Generation, which is a non-GAAP financial measure. Refer to Appendix A for a description of how this measure is calculated and, for 2023, a reconciliation to the most directly comparable measure calculated under GAAP.
​
The following table reconciles the total compensation shown in the Summary Compensation Table to the compensation actually paid to NEOs shown in the Pay Versus Performance Table above.
​ ​
Year
​ ​ ​
Summary
Compensation
Table Total
​ ​ ​
Less: Equity
Awards
Included in
Summary
Compensation
Table
​ ​ ​
Add: Year-End
Value of
Unvested
Equity Awards
Granted in Year
​ ​ ​
Add: Change in
Year-End Value
of Unvested
Equity Awards
Granted in
Prior Years
​ ​ ​
Add: Vesting
Date Value of
Equity Awards
Granted and
Vested During
Year
​ ​ ​
Add: Change
in Value of
Unvested
Equity Awards
Granted in
Prior Years
that Vested
During Year(a)
​ ​ ​
Total
Compensation
Actually
Paid(a)
​ ​
​ ​
CEO
 ​ ​
​ ​ 2023 ​ ​ ​ ​ $ 15,448,668 ​ ​ ​ ​ ​ $ (10,267,357) ​ ​ ​ ​ ​ $ 11,461,489 ​ ​ ​ ​ ​ $ 1,474,642 ​ ​ ​ ​ ​ $ 745,634 ​ ​ ​ ​ ​ $ 548,780 ​ ​ ​ ​ ​ $ 19,411,856 ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ $ 10,825,968 ​ ​ ​ ​ ​ $ (4,713,173) ​ ​ ​ ​ ​ $ 2,511,907 ​ ​ ​ ​ ​ $ (5,796,156) ​ ​ ​ ​ ​ $ 865,280 ​ ​ ​ ​ ​ $ 51,485 ​ ​ ​ ​ ​ $ 3,745,311 ​ ​ ​
​ ​ 2021 ​ ​ ​ ​ $ 21,715,068 ​ ​ ​ ​ ​ $ (14,005,170) ​ ​ ​ ​ ​ $ 13,771,899 ​ ​ ​ ​ ​ $ 84,304 ​ ​ ​ ​ ​ $ 659,124 ​ ​ ​ ​ ​ $ 17,382,972 ​ ​ ​ ​ ​ $ 39,608,197 ​ ​ ​
​ ​ 2020 ​ ​ ​ ​ $ 9,739,632 ​ ​ ​ ​ ​ $ (4,221,360) ​ ​ ​ ​ ​ $ 3,870,523 ​ ​ ​ ​ ​ $ 2,949,852 ​ ​ ​ ​ ​ $ 865,897 ​ ​ ​ ​ ​ $ (12,541) ​ ​ ​ ​ ​ $ 13,192,003 ​ ​ ​
​ ​
Non-CEO NEOs
 ​ ​
​ ​ 2023 ​ ​ ​ ​ $ 4,715,933 ​ ​ ​ ​ ​ $ (2,817,786) ​ ​ ​ ​ ​ $ 3,143,590 ​ ​ ​ ​ ​ $ 664,689 ​ ​ ​ ​ ​ $ 206,464 ​ ​ ​ ​ ​ $ 126,483 ​ ​ ​ ​ ​ $ 6,039,373 ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ $ 3,148,402 ​ ​ ​ ​ ​ $ (1,305,147) ​ ​ ​ ​ ​ $ 695,579 ​ ​ ​ ​ ​ $ (2,052,692) ​ ​ ​ ​ ​ $ 239,616 ​ ​ ​ ​ ​ $ (78,414) ​ ​ ​ ​ ​ $ 647,344 ​ ​ ​
​ ​ 2021 ​ ​ ​ ​ $ 8,166,095 ​ ​ ​ ​ ​ $ (4,853,630) ​ ​ ​ ​ ​ $ 5,009,300 ​ ​ ​ ​ ​ $ (51,126) ​ ​ ​ ​ ​ $ 215,683 ​ ​ ​ ​ ​ $ 5,773,135 ​ ​ ​ ​ ​ $ 14,259,457 ​ ​ ​
​ ​ 2020 ​ ​ ​ ​ $ 3,238,132 ​ ​ ​ ​ ​ $ (1,381,488) ​ ​ ​ ​ ​ $ 1,266,680 ​ ​ ​ ​ ​ $ 533,624 ​ ​ ​ ​ ​ $ 283,366 ​ ​ ​ ​ ​ $ (37,777) ​ ​ ​ ​ ​ $ 3,902,537 ​ ​ ​
​
(a)
Amounts reported for 2021 reflect the settlement of two tranches of Performance Option Awards.
​
      
Company Selected Measure Name C&I Capital Generation      
Named Executive Officers, Footnote
(1)
Mr. Shulman served as our Chief Executive Officer for each year presented.
​
(2)
Messrs. Conrad and Chadha were our other NEOs for each year presented 		     
Peer Group Issuers, Footnote
(3)
The market index used was the NYSE Financial Sector Index.
     
PEO Total Compensation Amount $ 15,448,668 $ 10,825,968 $ 21,715,068 $ 9,739,632
PEO Actually Paid Compensation Amount $ 19,411,856 3,745,311 39,608,197 13,192,003
Adjustment To PEO Compensation, Footnote
The following table reconciles the total compensation shown in the Summary Compensation Table to the compensation actually paid to NEOs shown in the Pay Versus Performance Table above.
​ ​
Year
​ ​ ​
Summary
Compensation
Table Total
​ ​ ​
Less: Equity
Awards
Included in
Summary
Compensation
Table
​ ​ ​
Add: Year-End
Value of
Unvested
Equity Awards
Granted in Year
​ ​ ​
Add: Change in
Year-End Value
of Unvested
Equity Awards
Granted in
Prior Years
​ ​ ​
Add: Vesting
Date Value of
Equity Awards
Granted and
Vested During
Year
​ ​ ​
Add: Change
in Value of
Unvested
Equity Awards
Granted in
Prior Years
that Vested
During Year(a)
​ ​ ​
Total
Compensation
Actually
Paid(a)
​ ​
​ ​
CEO
 ​ ​
​ ​ 2023 ​ ​ ​ ​ $ 15,448,668 ​ ​ ​ ​ ​ $ (10,267,357) ​ ​ ​ ​ ​ $ 11,461,489 ​ ​ ​ ​ ​ $ 1,474,642 ​ ​ ​ ​ ​ $ 745,634 ​ ​ ​ ​ ​ $ 548,780 ​ ​ ​ ​ ​ $ 19,411,856 ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ $ 10,825,968 ​ ​ ​ ​ ​ $ (4,713,173) ​ ​ ​ ​ ​ $ 2,511,907 ​ ​ ​ ​ ​ $ (5,796,156) ​ ​ ​ ​ ​ $ 865,280 ​ ​ ​ ​ ​ $ 51,485 ​ ​ ​ ​ ​ $ 3,745,311 ​ ​ ​
​ ​ 2021 ​ ​ ​ ​ $ 21,715,068 ​ ​ ​ ​ ​ $ (14,005,170) ​ ​ ​ ​ ​ $ 13,771,899 ​ ​ ​ ​ ​ $ 84,304 ​ ​ ​ ​ ​ $ 659,124 ​ ​ ​ ​ ​ $ 17,382,972 ​ ​ ​ ​ ​ $ 39,608,197 ​ ​ ​
​ ​ 2020 ​ ​ ​ ​ $ 9,739,632 ​ ​ ​ ​ ​ $ (4,221,360) ​ ​ ​ ​ ​ $ 3,870,523 ​ ​ ​ ​ ​ $ 2,949,852 ​ ​ ​ ​ ​ $ 865,897 ​ ​ ​ ​ ​ $ (12,541) ​ ​ ​ ​ ​ $ 13,192,003 ​ ​ ​
​ ​
Non-CEO NEOs
 ​ ​
​ ​ 2023 ​ ​ ​ ​ $ 4,715,933 ​ ​ ​ ​ ​ $ (2,817,786) ​ ​ ​ ​ ​ $ 3,143,590 ​ ​ ​ ​ ​ $ 664,689 ​ ​ ​ ​ ​ $ 206,464 ​ ​ ​ ​ ​ $ 126,483 ​ ​ ​ ​ ​ $ 6,039,373 ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ $ 3,148,402 ​ ​ ​ ​ ​ $ (1,305,147) ​ ​ ​ ​ ​ $ 695,579 ​ ​ ​ ​ ​ $ (2,052,692) ​ ​ ​ ​ ​ $ 239,616 ​ ​ ​ ​ ​ $ (78,414) ​ ​ ​ ​ ​ $ 647,344 ​ ​ ​
​ ​ 2021 ​ ​ ​ ​ $ 8,166,095 ​ ​ ​ ​ ​ $ (4,853,630) ​ ​ ​ ​ ​ $ 5,009,300 ​ ​ ​ ​ ​ $ (51,126) ​ ​ ​ ​ ​ $ 215,683 ​ ​ ​ ​ ​ $ 5,773,135 ​ ​ ​ ​ ​ $ 14,259,457 ​ ​ ​
​ ​ 2020 ​ ​ ​ ​ $ 3,238,132 ​ ​ ​ ​ ​ $ (1,381,488) ​ ​ ​ ​ ​ $ 1,266,680 ​ ​ ​ ​ ​ $ 533,624 ​ ​ ​ ​ ​ $ 283,366 ​ ​ ​ ​ ​ $ (37,777) ​ ​ ​ ​ ​ $ 3,902,537 ​ ​ ​
​
(a)
Amounts reported for 2021 reflect the settlement of two tranches of Performance Option Awards.
     
Non-PEO NEO Average Total Compensation Amount $ 4,715,933 3,148,402 8,166,095 3,238,132
Non-PEO NEO Average Compensation Actually Paid Amount $ 6,039,373 647,344 14,259,457 3,902,537
Adjustment to Non-PEO NEO Compensation Footnote
The following table reconciles the total compensation shown in the Summary Compensation Table to the compensation actually paid to NEOs shown in the Pay Versus Performance Table above.
​ ​
Year
​ ​ ​
Summary
Compensation
Table Total
​ ​ ​
Less: Equity
Awards
Included in
Summary
Compensation
Table
​ ​ ​
Add: Year-End
Value of
Unvested
Equity Awards
Granted in Year
​ ​ ​
Add: Change in
Year-End Value
of Unvested
Equity Awards
Granted in
Prior Years
​ ​ ​
Add: Vesting
Date Value of
Equity Awards
Granted and
Vested During
Year
​ ​ ​
Add: Change
in Value of
Unvested
Equity Awards
Granted in
Prior Years
that Vested
During Year(a)
​ ​ ​
Total
Compensation
Actually
Paid(a)
​ ​
​ ​
CEO
 ​ ​
​ ​ 2023 ​ ​ ​ ​ $ 15,448,668 ​ ​ ​ ​ ​ $ (10,267,357) ​ ​ ​ ​ ​ $ 11,461,489 ​ ​ ​ ​ ​ $ 1,474,642 ​ ​ ​ ​ ​ $ 745,634 ​ ​ ​ ​ ​ $ 548,780 ​ ​ ​ ​ ​ $ 19,411,856 ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ $ 10,825,968 ​ ​ ​ ​ ​ $ (4,713,173) ​ ​ ​ ​ ​ $ 2,511,907 ​ ​ ​ ​ ​ $ (5,796,156) ​ ​ ​ ​ ​ $ 865,280 ​ ​ ​ ​ ​ $ 51,485 ​ ​ ​ ​ ​ $ 3,745,311 ​ ​ ​
​ ​ 2021 ​ ​ ​ ​ $ 21,715,068 ​ ​ ​ ​ ​ $ (14,005,170) ​ ​ ​ ​ ​ $ 13,771,899 ​ ​ ​ ​ ​ $ 84,304 ​ ​ ​ ​ ​ $ 659,124 ​ ​ ​ ​ ​ $ 17,382,972 ​ ​ ​ ​ ​ $ 39,608,197 ​ ​ ​
​ ​ 2020 ​ ​ ​ ​ $ 9,739,632 ​ ​ ​ ​ ​ $ (4,221,360) ​ ​ ​ ​ ​ $ 3,870,523 ​ ​ ​ ​ ​ $ 2,949,852 ​ ​ ​ ​ ​ $ 865,897 ​ ​ ​ ​ ​ $ (12,541) ​ ​ ​ ​ ​ $ 13,192,003 ​ ​ ​
​ ​
Non-CEO NEOs
 ​ ​
​ ​ 2023 ​ ​ ​ ​ $ 4,715,933 ​ ​ ​ ​ ​ $ (2,817,786) ​ ​ ​ ​ ​ $ 3,143,590 ​ ​ ​ ​ ​ $ 664,689 ​ ​ ​ ​ ​ $ 206,464 ​ ​ ​ ​ ​ $ 126,483 ​ ​ ​ ​ ​ $ 6,039,373 ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ $ 3,148,402 ​ ​ ​ ​ ​ $ (1,305,147) ​ ​ ​ ​ ​ $ 695,579 ​ ​ ​ ​ ​ $ (2,052,692) ​ ​ ​ ​ ​ $ 239,616 ​ ​ ​ ​ ​ $ (78,414) ​ ​ ​ ​ ​ $ 647,344 ​ ​ ​
​ ​ 2021 ​ ​ ​ ​ $ 8,166,095 ​ ​ ​ ​ ​ $ (4,853,630) ​ ​ ​ ​ ​ $ 5,009,300 ​ ​ ​ ​ ​ $ (51,126) ​ ​ ​ ​ ​ $ 215,683 ​ ​ ​ ​ ​ $ 5,773,135 ​ ​ ​ ​ ​ $ 14,259,457 ​ ​ ​
​ ​ 2020 ​ ​ ​ ​ $ 3,238,132 ​ ​ ​ ​ ​ $ (1,381,488) ​ ​ ​ ​ ​ $ 1,266,680 ​ ​ ​ ​ ​ $ 533,624 ​ ​ ​ ​ ​ $ 283,366 ​ ​ ​ ​ ​ $ (37,777) ​ ​ ​ ​ ​ $ 3,902,537 ​ ​ ​
​
(a)
Amounts reported for 2021 reflect the settlement of two tranches of Performance Option Awards.
     
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid
and OneMain TSR
[MISSING IMAGE: bc_paidtsr-pn.jpg]
     
Compensation Actually Paid vs. Net Income
Compensation Actually Paid
and Net Income
[MISSING IMAGE: bc_paidnetincome-pn.jpg]
     
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid
and C&I Capital Generation
[MISSING IMAGE: bc_paidcapitalgener-pn.jpg]
     
Total Shareholder Return Vs Peer Group
OneMain TSR and Peer Group TSR
[MISSING IMAGE: lc_onmaintsrpeergroup-pn.jpg]
     
Tabular List, Table
OneMain considers the following to be the most important financial performance measures it uses to link compensation actually paid to its NEOs, for 2023, to company performance.
​ ​
Financial Performance Measures
​ ​
​ ​
C&I Capital Generation*
​ ​
​ ​
C&I Capital Generation Growth*
​ ​
​ ​
C&I Operating Expenses*
​ ​
​ ​
New Products/Channels
 ​ ​
​
*
Refer to Appendix A for a description of these non-GAAP financial measures and reconciliations to the most directly comparable measures calculated under GAAP.
      
Total Shareholder Return Amount $ 198.75 121.88 167.32 135.33
Peer Group Total Shareholder Return Amount 125.32 106.95 122.43 97.76
Net Income (Loss) $ 641,000,000 $ 872,000,000 $ 1,314,000,000 $ 730,000,000
Company Selected Measure Amount 794,000,000 1,064,000,000 1,303,000,000 1,056,000,000
PEO Name Mr. Shulman      
Measure:: 1        
Pay vs Performance Disclosure        
Name C&I Capital Generation      
Non-GAAP Measure Description
(5)
The company-selected measure is C&I Capital Generation, which is a non-GAAP financial measure. Refer to Appendix A for a description of how this measure is calculated and, for 2023, a reconciliation to the most directly comparable measure calculated under GAAP.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name C&I Capital Generation Growth      
Measure:: 3        
Pay vs Performance Disclosure        
Name C&I Operating Expenses      
Measure:: 4        
Pay vs Performance Disclosure        
Name New Products/Channels      
PEO | Mr. Shulman [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (10,267,357) $ (4,713,173) $ (14,005,170) $ (4,221,360)
PEO | Mr. Shulman [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 11,461,489 2,511,907 13,771,899 3,870,523
PEO | Mr. Shulman [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,474,642 (5,796,156) 84,304 2,949,852
PEO | Mr. Shulman [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 745,634 865,280 659,124 865,897
PEO | Mr. Shulman [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 548,780 51,485 17,382,972 (12,541)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,817,786) (1,305,147) (4,853,630) (1,381,488)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,143,590 695,579 5,009,300 1,266,680
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 664,689 (2,052,692) (51,126) 533,624
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 206,464 239,616 215,683 283,366
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 126,483 $ (78,414) $ 5,773,135 $ (37,777)