Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Assets
Investments	$ 135	$ 143
Cash and cash equivalents	712	722
Restricted cash and cash equivalents	1,365	1,381
Goodwill and acquired intangible assets, net	436	437
Other assets	2,426	2,538
Total assets	50,222	51,789
Liabilities
Short-term borrowings	4,752	5,134
Long-term borrowings	42,345	43,184
Other liabilities	561	830
Total liabilities	47,658	49,148
Commitments and contingencies
Equity
Common stock, par value $0.01 per share, 1.125 billion shares authorized: 467 million and 465 million shares issued, respectively	4	4
Additional paid-in capital	3,394	3,380
Accumulated other comprehensive income (net of tax expense of $0 and $1, respectively)	0	3
Retained earnings	4,674	4,697
Total stockholders' equity before treasury stock	8,072	8,084
Less: Common stock held in treasury at cost: 367 million and 362 million shares, respectively	(5,508)	(5,443)
Total equity	2,564	2,641
Total liabilities and equity	50,222	51,789
Series A Junior Participating Preferred Stock [Member]
Equity
Series A Junior Participating Preferred Stock, par value $0.20 per share; 2 million shares authorized at December 31, 2021; no shares issued or outstanding	0	0
Private Education Loans [Member]
Assets
Loans, net	15,530	15,716
FFELP Loans [Member]
Assets
Loans, net	$ 29,618	$ 30,852