OneMain Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 1, 2024
OMF$55.35-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Unaudited)
| (dollars in millions, except par value amount) | June 30, 2024 | December 31, 2023 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $667 | $1,014 |
| Investment securities (includes available-for-sale securities with a fair value and an amortized cost basis of $1.6 billion and $1.7 billion in 2024, respectively, and $1.6 billion and $1.8 billion in 2023, respectively) | 1,681 | 1,719 |
| Net finance receivables (includes loans of consolidated VIEs of $14.3 billion in 2024 and $12.8 billion in 2023) | 22,365 | 21,349 |
| Unearned insurance premium and claim reserves | (753) | (771) |
| Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.6 billion in 2024 and $1.4 billion in 2023) | (2,564) | (2,480) |
| Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses | 19,048 | 18,098 |
| Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $613 million in 2024 and $523 million in 2023) | 630 | 534 |
| Goodwill | 1,474 | 1,437 |
| Other intangible assets | 289 | 260 |
| Other assets | 1,296 | 1,232 |
| Total assets | $25,085 | $24,294 |
| Liabilities and Shareholders’ Equity | ||
| Long-term debt (includes debt of consolidated VIEs of $12.9 billion in 2024 and $11.6 billion in 2023) | $20,671 | $19,813 |
| Insurance claims and policyholder liabilities | 594 | 615 |
| Deferred and accrued taxes | 10 | 9 |
| Other liabilities (includes other liabilities of consolidated VIEs of $30 million in 2024 and $26 million in 2023) | 657 | 671 |
| Total liabilities | 21,932 | 21,108 |
| Contingencies (Note 14) | ||
| Shareholders’ equity: | ||
| Common stock, par value $0.01 per share; 2,000,000,000 shares authorized, 119,758,091 and 119,757,277 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively | 1 | 1 |
| Additional paid-in capital | 1,723 | 1,715 |
| Accumulated other comprehensive loss | (95) | (87) |
| Retained earnings | 2,263 | 2,285 |
| Treasury stock, at cost; 15,606,264 and 15,383,804 shares at June 30, 2024 and December 31, 2023, respectively | (739) | (728) |
| Total shareholders’ equity | 3,153 | 3,186 |
| Total liabilities and shareholders’ equity | $25,085 | $24,294 |
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