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OneMain Holdings Inc

For the period ended Dec 31, 2024. Filed Feb 7, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 7, 2025

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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Contents

Consolidated Balance Sheets

(dollars in millions, except par value amount)
December 31,20242023
Assets
Cash and cash equivalents$458$1,014
Investment securities (includes available-for-sale securities with a fair value and an amortized cost basis of $1.5 billion and $1.6 billion in 2024, respectively, and $1.6 billion and $1.8 billion in 2023, respectively)1,6071,719
Net finance receivables (includes loans of consolidated VIEs of $14.0 billion in 2024 and $12.8 billion in 2023)23,55421,349
Unearned insurance premium and claim reserves(766)(771)
Allowance for finance receivable losses (includes allowance of consolidated VIEs of $1.6 billion in 2024 and $1.4 billion in 2023)(2,705)(2,480)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses20,08318,098
Restricted cash and restricted cash equivalents (includes restricted cash and restricted cash equivalents of consolidated VIEs of $662 million in 2024 and $523 million in 2023)684534
Goodwill1,4741,437
Other intangible assets286260
Other assets1,3181,232
Total assets$25,910$24,294
Liabilities and Shareholders’ Equity
Long-term debt (includes debt of consolidated VIEs of $12.4 billion in 2024 and $11.6 billion in 2023)$21,438$19,813
Insurance claims and policyholder liabilities575615
Deferred and accrued taxes209
Other liabilities (includes other liabilities of consolidated VIEs of $31 million in 2024 and $26 million in 2023)686671
Total liabilities22,71921,108
Contingencies (Note 15)
Shareholders’ equity:
Common stock, par value $0.01 per share; 2,000,000,000 shares authorized, 119,360,509 and 119,757,277 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively11
Additional paid-in capital1,7341,715
Accumulated other comprehensive loss(81)(87)
Retained earnings2,2962,285
Treasury stock, at cost; 16,060,384 and 15,383,804 shares at December 31, 2024 and December 31, 2023, respectively(759)(728)
Total shareholders’ equity3,1913,186
Total liabilities and shareholders’ equity$25,910$24,294
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.