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Condensed Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Cash and cash equivalents    
Noninterest-bearing $ 536 $ 638
Interest-bearing 6,833 6,307
Total cash and cash equivalents 7,369 6,945
Equity securities 854 810
Available-for-sale securities (amortized cost of $27,705 and $28,416) 23,200 24,415
Held-to-maturity securities (fair value of $4,503 and $4,729) 4,548 4,680
Loans held-for-sale, net 316 400
Finance receivables and loans, net    
Finance receivables and loans, net of unearned income 138,783 139,439
Allowance for loan losses (3,572) (3,587)
Total finance receivables and loans, net 135,211 135,852
Investment in operating leases, net 8,374 9,171
Premiums receivable and other insurance assets 2,806 2,749
Other assets 9,853 9,395
Assets of operations held-for-sale 0 1,975
Total assets 192,531 196,392
Deposit liabilities    
Noninterest-bearing 156 139
Interest-bearing 151,998 154,527
Total deposit liabilities 152,154 154,666
Short-term borrowings 3,122 3,297
Long-term debt 15,979 17,570
Interest payable 1,148 858
Unearned insurance premiums and service revenue 3,496 3,492
Accrued expenses and other liabilities 2,781 2,726
Liabilities of operations held-for-sale 0 17
Total liabilities 178,680 182,626
Contingencies (refer to Note 24)
Equity    
Common stock and paid-in capital ($0.01 par value, shares authorized 1,100,000,000; issued 514,851,483 and 511,861,447; and outstanding 304,655,610 and 302,459,258) 22,077 21,975
Preferred stock 2,324 2,324
Retained earnings 360 154
Accumulated other comprehensive loss (4,009) (3,816)
Treasury stock, at cost (210,195,873 and 209,402,189 shares) (6,901) (6,871)
Total equity 13,851 13,766
Total liabilities and equity $ 192,531 $ 196,392