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Condensed Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Cash and cash equivalents    
Noninterest-bearing $ 589 $ 638
Interest-bearing 7,564 6,307
Total cash and cash equivalents 8,153 6,945
Equity securities 788 810
Available-for-sale securities (amortized cost of $28,114 and $28,416) 23,684 24,415
Held-to-maturity securities (fair value of $4,633 and $4,729) 4,655 4,680
Loans held-for-sale, net 358 400
Finance receivables and loans, net    
Finance receivables and loans, net of unearned income 137,960 139,439
Allowance for loan losses (3,550) (3,587)
Total finance receivables and loans, net 134,410 135,852
Investment in operating leases, net 8,731 9,171
Premiums receivable and other insurance assets 2,750 2,749
Other assets 9,348 9,395
Assets of operations held-for-sale 0 1,975
Total assets 192,877 196,392
Deposit liabilities    
Noninterest-bearing 137 139
Interest-bearing 154,947 154,527
Total deposit liabilities 155,084 154,666
Short-term borrowings 0 3,297
Long-term debt 17,011 17,570
Interest payable 1,118 858
Unearned insurance premiums and service revenue 3,480 3,492
Accrued expenses and other liabilities 2,527 2,726
Liabilities of operations held-for-sale 0 17
Total liabilities 179,220 182,626
Contingencies (refer to Note 24)
Equity    
Common stock and paid-in capital ($0.01 par value, shares authorized 1,100,000,000; issued 514,161,006 and 511,861,447; and outstanding 303,977,972 and 302,459,258) 22,034 21,975
Preferred stock 2,324 2,324
Retained earnings 188 154
Accumulated other comprehensive loss (3,989) (3,816)
Treasury stock, at cost (210,183,034 and 209,402,189 shares) (6,900) (6,871)
Total equity 13,657 13,766
Total liabilities and equity $ 192,877 $ 196,392