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Unaudited Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Cumulative effect, period of adoption, adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative effect, period of adoption, adjustment
Total Mr. Cooper Stockholders’ Equity
Total Mr. Cooper Stockholders’ Equity
Cumulative effect, period of adoption, adjustment
Non-controlling Interests
Shares outstanding, beginning balance (in shares) at Dec. 31, 2018     1,000 90,821            
Stockholders' equity, beginning balance at Dec. 31, 2018 $ 1,945   $ 0 $ 1 $ 1,093 $ 848   $ 1,942   $ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued / (surrendered) under incentive compensation plan (in shares)       240            
Shares issued / (surrendered) under incentive compensation plan (2)       (2)     (2)    
Share-based compensation 9       9     9    
Net loss (274)         (273)   (273)   (1)
Shares outstanding, ending balance (in shares) at Jun. 30, 2019     1,000 91,061            
Stockholders' equity, ending balance at Jun. 30, 2019 1,678   $ 0 $ 1 1,100 575   1,676   2
Shares outstanding, beginning balance (in shares) at Mar. 31, 2019     1,000 91,042            
Stockholders' equity, beginning balance at Mar. 31, 2019 1,761   $ 0 $ 1 1,095 662   1,758   3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued / (surrendered) under incentive compensation plan (in shares)       19            
Share-based compensation 5       5     5    
Net loss (88)         (87)   (87)   (1)
Shares outstanding, ending balance (in shares) at Jun. 30, 2019     1,000 91,061            
Stockholders' equity, ending balance at Jun. 30, 2019 1,678   $ 0 $ 1 1,100 575   1,676   2
Shares outstanding, beginning balance (in shares) at Dec. 31, 2019     1,000 91,118            
Stockholders' equity, beginning balance at Dec. 31, 2019 2,231 $ 7 $ 0 $ 1 1,109 1,122 $ 7 2,232 $ 7 (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued / (surrendered) under incentive compensation plan (in shares)       904            
Shares issued / (surrendered) under incentive compensation plan (5)       (5)     (5)    
Share-based compensation 10       10     10    
Net loss (98)         (95)   (95)   (3)
Shares outstanding, ending balance (in shares) at Jun. 30, 2020     1,000 92,022            
Stockholders' equity, ending balance at Jun. 30, 2020 $ 2,145   $ 0 $ 1 1,114 1,034   2,149   (4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Accounting standards update us-gaap:AccountingStandardsUpdate201613Member                  
Shares outstanding, beginning balance (in shares) at Mar. 31, 2020     1,000 91,970            
Stockholders' equity, beginning balance at Mar. 31, 2020 $ 2,066   $ 0 $ 1 1,108 961   2,070   (4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued / (surrendered) under incentive compensation plan (in shares)       52            
Share-based compensation 6       6     6    
Net loss 73         73   73    
Shares outstanding, ending balance (in shares) at Jun. 30, 2020     1,000 92,022            
Stockholders' equity, ending balance at Jun. 30, 2020 $ 2,145   $ 0 $ 1 $ 1,114 $ 1,034   $ 2,149   $ (4)