2.2.0.7 true Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $) 0121 - Statement - Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) true false In Millions, except Share data false false 1 USD false false USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ false 2 USD false false USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ 2 ASSETS 2 us-gaap_AssetsAbstract us-gaap true na duration No definition available. false false false false false true false false false false false verboselabel false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 3 Fair Value, Restricted cash, cash equivalents and investments 2 us-gaap_MarketableSecuritiesRestricted us-gaap true debit instant No definition available. false false false false false false false false false false false verboselabel false 1 true true false false 241000000 241 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Total debt and equity financial instruments including: (1) securities held-to-maturity, (2) trading securities, and (3) securities available-for-sale that are pledged to one or more secured parties who have the right to buy, sell, or re-pledge the collateral. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 6 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph b -Article 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Chapter V -Section 563c.102 -Paragraph 6 -Subparagraph a -Subsection I false 4 Cash and cash equivalents, variable interest entities 2 us-gaap_CashAndCashEquivalentsAtCarryingValue us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 184000000 184 false false false 2 false true false false 150000000 150 false false false xbrli:monetaryItemType monetary Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7, 26 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 8, 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7 -Footnote 1 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 false 5 Restricted cash and investments, variable interest entities 2 us-gaap_RestrictedCashAndInvestments us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 559000000 559 false false false 2 false true false false 596000000 596 false false false xbrli:monetaryItemType monetary Cash and investments whose use in whole or in part is restricted for the long-term, generally by contractual agreements or regulatory requirements. For use in an unclassified balance sheet. No authoritative reference available. false 6 Mortgage loans held for sale, variable interest entities 2 us-gaap_LoansHeldForSaleMortgages us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 2090000000 2090 false false false 2 false true false false 1218000000 1218 false false false xbrli:monetaryItemType monetary Mortgage loans to individuals not classified as held for investment but are held for sale to permanent investors. Permanent investors are enterprises that invest in mortgage loans for their own accounts. Examples of permanent investors are insurance companies, commercial or mutual savings banks, savings and loan associations, pension plans and real estate investment trusts. Mortgage loans exclude mortgage-backed securities which are considered a debt security. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 65 -Paragraph 1, 34 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Chapter V -Section 563c.102 -Paragraph 8 -Subparagraph h -Subsection I false 7 Accounts receivable, variable interest entities 2 us-gaap_AccountsReceivableNet us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 507000000 507 false false false 2 false true false false 469000000 469 false false false xbrli:monetaryItemType monetary For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3 -Article 5 false 8 Net investment in fleet leases, variable interest entities 2 us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 3574000000 3574 false false false 2 false true false false 3610000000 3610 false false false xbrli:monetaryItemType monetary The amount of property, by major property class, net of accumulated depreciation, subject to or available for lease as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 13 -Paragraph 23 -Subparagraph b(i) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 13 -Paragraph 19 -Subparagraph a false 9 Property, plant and equipment, variable interest entities 2 us-gaap_PropertyPlantAndEquipmentNet us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 45000000 45 false false false 2 false true false false 49000000 49 false false false xbrli:monetaryItemType monetary Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, and production equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph a -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 12 -Paragraph 5 -Subparagraph b, c Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 8 -Article 7 false 10 Other assets, variable interest entities 2 us-gaap_OtherAssets us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 658000000 658 false false false 2 false true false false 593000000 593 false false false xbrli:monetaryItemType monetary Carrying amount as of the balance sheet date of assets not otherwise specified in the taxonomy. Also serves as the sum of assets not individually reported in the financial statements, or not separately disclosed in notes. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 17 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Article 7 false 11 Total assets, variable interest entities 2 us-gaap_Assets us-gaap true debit instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 8878000000 8878 [1] false false false 2 false true false false 8123000000 8123 [1] false false false xbrli:monetaryItemType monetary Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Concepts (CON) -Number 6 -Paragraph 25 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 18 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 12 -Article 7 false 12 LIABILITIES AND EQUITY 2 us-gaap_LiabilitiesAndStockholdersEquityAbstract us-gaap true na duration No definition available. false false false false false true false false false false false verboselabel false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 13 Accounts payable and accrued expenses, variable interest entities 2 us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 515000000 515 false false false 2 false true false false 495000000 495 false false false xbrli:monetaryItemType monetary Carrying value as of the balance sheet date of obligations incurred and payable. pertaining to goods and services received from vendors; and for costs that are statutory in nature, are incurred in connection with contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent, salaries and benefits, and utilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Article 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Subparagraph 1, 5 -Article 9 false 14 Debt, variable interest entities 2 us-gaap_LongTermDebt us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 5999000000 5999 false false false 2 false true false false 5160000000 5160 false false false xbrli:monetaryItemType monetary Including current and noncurrent portions, aggregate carrying amount of long-term borrowings as of the balance sheet date. May include notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, which had initial maturities beyond one year or beyond the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 false 15 Other liabilities, variable interest entities 2 us-gaap_OtherLiabilities us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 358000000 358 false false false 2 false true false false 262000000 262 false false false xbrli:monetaryItemType monetary Carrying amount as of the balance sheet date of liabilities not otherwise specified in the taxonomy. Also serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in notes. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Article 9 false 16 Total liabilities, variable interest entities 2 us-gaap_Liabilities us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 7490000000 7490 [2] false false false 2 false true false false 6619000000 6619 [2] false false false xbrli:monetaryItemType monetary Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. No authoritative reference available. false 17 EQUITY 2 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract us-gaap true na duration No definition available. false false false false false true false false false false false verboselabel false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 18 Preferred stock, par value 2 us-gaap_PreferredStockParOrStatedValuePerShare us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel true 1 true true false false 0.01 0.01 false false false 2 true true false false 0.01 0.01 false false false us-types:perShareItemType decimal Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 3, 4, 5, 6, 7, 8 false 19 Preferred stock, shares authorized 2 us-gaap_PreferredStockSharesAuthorized us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 1090000 1090000 false false false 2 false true false false 1090000 1090000 false false false xbrli:sharesItemType shares The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 3, 4, 5, 6, 7, 8 false 20 Preferred stock, shares issued 2 us-gaap_PreferredStockSharesIssued us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 0 0 false false false 2 false true false false 0 0 false false false xbrli:sharesItemType shares Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 false 21 Preferred stock, shares outstanding 2 us-gaap_PreferredStockSharesOutstanding us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 0 0 false false false 2 false true false false 0 0 false false false xbrli:sharesItemType shares Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 false 22 Common stock, par value 2 us-gaap_CommonStockParOrStatedValuePerShare us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel true 1 true true false false 0.01 0.01 false false false 2 true true false false 0.01 0.01 false false false us-types:perShareItemType decimal Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 4 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 false 23 Common stock, shares authorized 2 us-gaap_CommonStockSharesAuthorized us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 273910000 273910000 false false false 2 false true false false 273910000 273910000 false false false xbrli:sharesItemType shares The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 false 24 Common stock, shares issued 2 us-gaap_CommonStockSharesIssued us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 55492224 55492224 false false false 2 false true false false 54774639 54774639 false false false xbrli:sharesItemType shares Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 false 25 Common stock, shares outstanding 2 us-gaap_CommonStockSharesOutstanding us-gaap true na instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 55492224 55492224 false false false 2 false true false false 54774639 54774639 false false false xbrli:sharesItemType shares Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Excludes common shares repurchased by the entity and held as Treasury shares. Shares outstanding equals shares issued minus shares held in treasury. Does not include common shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 false 26 Variable Interest Entities 0 na true na na No definition available. false true false false false false false false false false false http://corporate.phh.com/role/balancesheetsparenthetical false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false false 5 USD true false false false us-gaap_VariableInterestEnterpriseMember us-gaap_VariableInterestByInterestTypeAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_VariableInterestEnterpriseMember us-gaap_VariableInterestByInterestTypeAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ na No definition available. No authoritative reference available. false 27 ASSETS 2 us-gaap_AssetsAbstract us-gaap true na duration No definition available. false false false false false true false false false false false verboselabel false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 29 Cash and cash equivalents, variable interest entities 2 us-gaap_CashAndCashEquivalentsAtCarryingValue us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 26000000 26 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7, 26 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 8, 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7 -Footnote 1 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 false 30 Restricted cash and investments, variable interest entities 2 us-gaap_RestrictedCashAndInvestments us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 259000000 259 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Cash and investments whose use in whole or in part is restricted for the long-term, generally by contractual agreements or regulatory requirements. For use in an unclassified balance sheet. No authoritative reference available. false 31 Mortgage loans held for sale, variable interest entities 2 us-gaap_LoansHeldForSaleMortgages us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 253000000 253 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Mortgage loans to individuals not classified as held for investment but are held for sale to permanent investors. Permanent investors are enterprises that invest in mortgage loans for their own accounts. Examples of permanent investors are insurance companies, commercial or mutual savings banks, savings and loan associations, pension plans and real estate investment trusts. Mortgage loans exclude mortgage-backed securities which are considered a debt security. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 65 -Paragraph 1, 34 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Chapter V -Section 563c.102 -Paragraph 8 -Subparagraph h -Subsection I false 32 Accounts receivable, variable interest entities 2 us-gaap_AccountsReceivableNet us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 39000000 39 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3 -Article 5 false 33 Net investment in fleet leases, variable interest entities 2 us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 3358000000 3358 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary The amount of property, by major property class, net of accumulated depreciation, subject to or available for lease as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 13 -Paragraph 23 -Subparagraph b(i) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 13 -Paragraph 19 -Subparagraph a false 34 Property, plant and equipment, variable interest entities 2 us-gaap_PropertyPlantAndEquipmentNet us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 1000000 1 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, and production equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph a -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 12 -Paragraph 5 -Subparagraph b, c Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 8 -Article 7 false 35 Other assets, variable interest entities 2 us-gaap_OtherAssets us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 83000000 83 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Carrying amount as of the balance sheet date of assets not otherwise specified in the taxonomy. Also serves as the sum of assets not individually reported in the financial statements, or not separately disclosed in notes. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 17 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Article 7 false 36 Total assets, variable interest entities 2 us-gaap_Assets us-gaap true debit instant No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 4019000000 4019 false false false 2 false false false false 0 0 [1] false false false xbrli:monetaryItemType monetary Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Concepts (CON) -Number 6 -Paragraph 25 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 18 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 12 -Article 7 false 37 LIABILITIES AND EQUITY 2 us-gaap_LiabilitiesAndStockholdersEquityAbstract us-gaap true na duration No definition available. false false false false false true false false false false false verboselabel false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 38 Accounts payable and accrued expenses, variable interest entities 2 us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 19000000 19 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Carrying value as of the balance sheet date of obligations incurred and payable. pertaining to goods and services received from vendors; and for costs that are statutory in nature, are incurred in connection with contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent, salaries and benefits, and utilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Article 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Subparagraph 1, 5 -Article 9 false 39 Debt, variable interest entities 2 us-gaap_LongTermDebt us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 3118000000 3118 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Including current and noncurrent portions, aggregate carrying amount of long-term borrowings as of the balance sheet date. May include notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, which had initial maturities beyond one year or beyond the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 false 40 Other liabilities, variable interest entities 2 us-gaap_OtherLiabilities us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false true false false 10000000 10 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Carrying amount as of the balance sheet date of liabilities not otherwise specified in the taxonomy. Also serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in notes. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Article 9 false 41 Total liabilities, variable interest entities 2 us-gaap_Liabilities us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 true true false false 3147000000 3147 false false false 2 false false false false 0 0 [2] false false false xbrli:monetaryItemType monetary Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. No authoritative reference available. false 1 Our Condensed Consolidated Balance Sheet at June 30, 2010 includes the following assets of variable interest entities ("VIEs") which can be used only to settle the obligations of the VIEs: Cash and cash equivalents, $26 million; Restricted cash, cash equivalents and investments, $259 million; Mortgage loans held for sale, $253 million; Accounts receivable, $39 million; Net investment in fleet leases, $3,358 million; Property, plant, and equipment, net, $1 million; Other assets, $83 million; and Total assets, $4,019 million. 2 Our Condensed Consolidated Balance Sheet at June 30, 2010 includes the following liabilities of VIEs which creditors or beneficial interest holders do not have recourse to PHH Corporation and Subsidiaries: Accounts payable and accrued expenses, $19 million; Debt, $3,118 million; Other liabilities, $10 million; and Total liabilities, $3,147 million. 2 39 false Millions NoRounding NoRounding false true