OneMain Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 13, 2024.
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FY2023 · Filed Feb 13, 2024
OMF$55.50-1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (dollars in millions, except par value amount) | ||
|---|---|---|
| December 31, | 2023 | 2022 |
| Assets | ||
| Cash and cash equivalents | $1,014 | $498 |
| Investment securities (includes available-for-sale securities with a fair value and an amortized cost basis of $1.6 billion and $1.8 billion in 2023, respectively, and $1.7 billion and $1.9 billion in 2022, respectively) | 1,719 | 1,800 |
| Net finance receivables (includes loans of consolidated VIEs of $12.8 billion in 2023 and $10.4 billion in 2022) | 21,349 | 19,986 |
| Unearned insurance premium and claim reserves | (771) | (749) |
| Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.4 billion in 2023 and $1.1 billion in 2022) | (2,480) | (2,311) |
| Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses | 18,098 | 16,926 |
| Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $523 million in 2023 and $442 million in 2022) | 534 | 461 |
| Goodwill | 1,437 | 1,437 |
| Other intangible assets | 260 | 261 |
| Other assets | 1,232 | 1,154 |
| Total assets | $24,294 | $22,537 |
| Liabilities and Shareholders’ Equity | ||
| Long-term debt (includes debt of consolidated VIEs of $11.6 billion in 2023 and $9.4 billion in 2022) | $19,813 | $18,281 |
| Insurance claims and policyholder liabilities | 615 | 620 |
| Deferred and accrued taxes | 9 | 5 |
| Other liabilities (includes other liabilities of consolidated VIEs of $26 million in 2023 and $20 million in 2022) | 671 | 616 |
| Total liabilities | 21,108 | 19,522 |
| Contingencies (Note 14) | ||
| Shareholders’ equity: | ||
| Common stock, par value $0.01 per share; 2,000,000,000 shares authorized, 119,757,277 and 121,042,125 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 1 | 1 |
| Additional paid-in capital | 1,715 | 1,689 |
| Accumulated other comprehensive loss | (87) | (127) |
| Retained earnings | 2,285 | 2,119 |
| Treasury stock, at cost; 15,383,804 and 13,813,476 shares at December 31, 2023 and December 31, 2022, respectively | (728) | (667) |
| Total shareholders’ equity | 3,186 | 3,015 |
| Total liabilities and shareholders’ equity | $24,294 | $22,537 |
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