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Condensed Consolidated Statement of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Operating activities      
Net (loss) income $ (225) $ 143  
Reconciliation of net (loss) income to net cash provided by operating activities      
Depreciation and amortization 361 310  
Goodwill impairment 305 0 $ 118
Provision for credit losses 191 507  
Gain on mortgage and automotive loans, net (1) (6)  
Other loss (gain) on investments, net 499 (29)  
Originations and purchases of loans held-for-sale (490) (698)  
Proceeds from sales and repayments of loans held-for-sale 543 645  
Net change in      
Deferred income taxes (178) (50)  
Interest payable 64 260  
Other assets (128) 142  
Other liabilities (137) (38)  
Other, net 136 80  
Net cash provided by operating activities 940 1,266  
Investing activities      
Purchases of equity securities (196) (186)  
Proceeds from sales of equity securities 122 259  
Purchases of available-for-sale securities (3,649) (148)  
Proceeds from sales of available-for-sale securities 2,669 46  
Proceeds from repayments of available-for-sale securities 440 392  
Purchases of held-to-maturity securities (248) 0  
Proceeds from repayments of held-to-maturity securities 109 100  
Purchases of finance receivables and loans held-for-investment (843) (1,056)  
Proceeds from sales of finance receivables and loans initially held-for-investment 5 1,060  
Originations and repayments of finance receivables and loans initially held-for-investment and other, net 537 899  
Purchases of operating lease assets (819) (709)  
Disposals of operating lease assets 681 964  
Proceeds from sale of a business unit or operation, net 0 1,949  
Net change in nonmarketable equity investments 2 141  
Other, net (151) (135)  
Net cash (used in) provided by investing activities (1,341) 3,576  
Financing activities      
Net change in short-term borrowings 1,714 (3,297)  
Net (decrease) increase in deposits (64) 389  
Proceeds from issuance of long-term debt 24 123  
Repayments of long-term debt (1,074) (699)  
Repurchases of common stock (34) (29)  
Common stock dividends paid (100) (97)  
Preferred stock dividends paid (28) (28)  
Net cash provided by (used in) financing activities 438 (3,638)  
Effect of exchange-rate changes on cash and cash equivalents and restricted cash 0 (3)  
Net increase in cash and cash equivalents and restricted cash 37 1,201  
Cash and cash equivalents and restricted cash at beginning of year 11,380 7,439 7,439
Cash and cash equivalents and restricted cash at March 31, 11,417 8,640 11,380
Cash paid for      
Interest 1,587 1,641  
Income taxes 13 7  
Noncash items      
Held-to-maturity securities received in consideration for loans sold 0 56  
Loans held-for-sale transferred to finance receivables and loans held-for-investment 0 1  
Finance receivables and loans held-for-investment transferred to loans held-for-sale 2,321 1,153  
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]      
Cash and cash equivalents on the Condensed Consolidated Balance Sheet 10,409 8,153 10,292
Restricted cash and cash equivalents and restricted cash held for securitization trusts included in other assets on the Condensed Consolidated Balance Sheet [1] 1,008 487  
Total cash and cash equivalents and restricted cash in the Condensed Consolidated Statement of Cash Flows $ 11,417 $ 8,640 $ 11,380
[1] Refer to Note 11 for additional details describing the nature of restricted cash and cash equivalent balances.