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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Assets    
Loans, net $ 105,122 $ 111,070
Investments    
Available-for-sale 2 3
Other 268 347
Total investments 270 350
Cash and cash equivalents 1,518 1,253
Restricted cash and investments 3,246 3,600
Goodwill and acquired intangible assets, net 810 670
Other assets 4,025 4,193
Total assets 114,991 121,136
Liabilities    
Short-term borrowings 4,771 2,334
Long-term borrowings 105,012 112,368
Other liabilities 1,723 2,711
Total liabilities 111,506 117,413
Commitments and contingencies
Equity    
Common stock, par value $0.01 per share; 1.125 billion shares authorized: 440 million and 436 million shares issued, respectively 4 4
Additional paid-in capital 3,077 3,022
Accumulated other comprehensive income (net of tax expense of $36 and $3, respectively) 61 6
Retained earnings 3,004 2,890
Total Navient Corporation stockholders’ equity before treasury stock 6,146 5,922
Less: Common stock held in treasury at cost: 177 million and 145 million shares, respectively (2,692) (2,223)
Total Navient Corporation stockholders’ equity 3,454 3,699
Noncontrolling interest 31 24
Total equity 3,485 3,723
Total liabilities and equity 114,991 121,136
FFELP Loans [Member]    
Assets    
Loans, net 81,703 87,730
Private Education Loans [Member]    
Assets    
Loans, net 23,419 23,340
Assets and Liabilities of Consolidated Variable Interest Entities [Member]    
Assets    
Loans, net 98,596 104,008
Investments    
Restricted cash 3,091 3,434
Other assets, net 1,160 (11)
Liabilities    
Short-term borrowings 2,906 1,078
Long-term borrowings 89,317 95,492
Net assets of consolidated variable interest entities 10,624 10,861
Assets and Liabilities of Consolidated Variable Interest Entities [Member] | FFELP Loans [Member]    
Assets    
Loans, net 77,710 83,429
Assets and Liabilities of Consolidated Variable Interest Entities [Member] | Private Education Loans [Member]    
Assets    
Loans, net $ 20,886 20,500
Assets and Liabilities of Consolidated Variable Interest Entities [Member] | Other Loans [Member]    
Assets    
Loans, net   $ 79