Onemain holdings, inc. (OMF)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Cash flows from operating activities
Net income

855

447

183

243

-93

589

157

-217

-241

Reconciling adjustments:
Provision for finance receivable losses

1,129

1,048

955

932

716

423

435

341

329

Depreciation and amortization

271

289

328

521

198

23

-56

165

274

Deferred income tax charge (benefit)

1

23

30

-97

-209

-5

-103

-167

-132

Non-cash incentive compensation from Initial Stockholder

-

-

-

-

15

-

0

-

-

Net gain on liquidation of United Kingdom Subsidiary

-

-

-

4

0

0

-

-

-

Net loss (gain) on fair value adjustments on debt

-

-

-

-

-

-

6

-2

-

Net gain on sales of personal and real estate loans

-

-

-

18

0

648

0

0

-69

Writedowns on assets resulting from restructuring

-

-

-

-

-

-

-

5

-

Impairments of Ocean Finance and Mortgages Limited assets

-

-

-

-

-

-

-

8

-

Net gain on sales of finance receivables

-

-

-

-

-

-

-

-5

-

Net loss on repurchase and repayment of debt

-35

-9

-29

-17

0

-66

-42

-15

10

Non-cash incentive compensation from SFH

0

110

0

0

-

-

-

-

-

Net charge-offs on finance receivables held for sale

-

-

-

-

-

-

-

0

-

Share-based compensation expense, net of forfeitures

13

21

17

22

15

6

146

-

-

Gain (Loss) on Sales of Loans, Net

-

-

-

167

0

0

-

-

-

Other

9

-13

4

8

4

-34

-19

-60

-0

Cash flows due to changes in other assets and other liabilities

-67

-86

-17

119

-

-

-

-

-

Other assets and other liabilities

-

-

-

-

24

30

-16

-22

69

Insurance claims and policyholder liabilities

-

-

-

-

27

51

29

10

1

Taxes receivable and payable

-

-

-

-

113

-98

-10

58

-46

Accrued interest and finance charges

-

-

-

-

-14

-36

-42

-30

-20

Restricted cash and cash equivalents not reinvested

-

-

-

-

-

-5

-36

40

-14

Other, net

-

-

-

-

1

1

-2

-0

2

Net cash provided by operating activities

2,362

2,046

1,555

1,322

741

381

661

228

171

Cash flows from investing activities
Net principal originations of finance receivables held for investment and held for sale

3,305

2,373

2,275

1,203

1,037

-235

-865

1,701

1,904

Principal collections on finance receivables

-

-

-

-

-

-

-

2,649

2,821

Proceeds on sale of finance receivables held for sale originated as held for investment

19

100

0

930

78

3,799

15

181

-

Purchase of OneMain Financial Holdings, LLC, net of restricted cash

-

-

-

-

3,520

0

0

-

-

Proceeds from sale of SpringCastle interests, net of restricted cash released

-

-

-

26

0

0

-

-

-

Cash received from CitiFinancial Credit Company

-

-

-

23

0

0

-

-

-

Available-for-sale securities purchased

718

680

671

746

525

351

555

1,052

546

Purchase of SpringCastle Portfolio

-

-

-

-

-

-

2,964

0

-

Available-for-sale securities called, sold, and matured

574

563

739

837

525

291

847

1,210

258

Other securities purchased

18

11

0

17

1,482

2,978

10

0

13

Other securities called, sold, and matured

31

36

18

63

3,797

687

8

6

3

Change in notes receivable from American International Group, Inc.

-

-

-

-

-

-

-

-

468

Change in restricted cash and cash equivalents

-

-

-

-

-

-112

414

50

-238

Proceeds from sale of real estate owned

-

-

-

-

14

59

109

181

206

Other, net

12

32

3

19

36

13

10

0

19

Net cash used for investing activities

-3,429

-2,397

-2,192

-106

-2,186

1,841

-2,109

1,424

1,514

Cash flows from financing activities
Proceeds from issuance of long-term debt, net of commissions

5,895

5,525

5,427

6,660

3,027

3,557

6,296

2,263

2,328

Proceeds from issuance of common stock, net of offering costs

-

-

-

-

976

0

231

0

-

Repayment of long-term debt

3,961

5,471

4,447

8,320

1,960

4,691

6,435

3,054

4,723

Cash dividends

408

0

0

-

-

-

-

-

-

Distributions to joint venture partners

-

-

-

18

77

638

204

0

-

Contributions from joint venture partners

-

-

-

-

-

-

438

0

-

Excess tax benefit from share-based compensation

-

-

-

-

3

0

0

0

-

Withholding tax on share-based compensation

5

10

5

7

5

1

-

-

-

Net cash provided by (used in) financing activities

1,521

44

975

-1,685

1,964

-1,773

326

-791

-2,394

Effect of exchange rate changes on cash and cash equivalents

-

-

-

1

-1

-1

-1

2

1

Net change in cash and cash equivalents and restricted cash and restricted cash equivalents

454

-307

338

-468

518

448

-1,123

864

-707

Supplemental cash flow information
Cash paid for amounts included in the measurement of operating lease liabilities

58

-

-

-

-

-

-

-

-

Interest paid

845

752

746

765

594

541

724

845

920

Income taxes paid

261

150

156

249

-38

375

113

18

60

Supplemental non-cash activities
Transfer of net finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)

0

111

0

1,945

617

7,079

18

182

-

Transfer of finance receivables to real estate owned

8

7

9

8

11

49

93

181

226

Right-of-use assets obtained in exchange for operating lease obligations

233

0

0

-

-

-

-

-

-

Transfer of finance receivables held for sale to finance receivables held for investment

-

-

-

-

-

-

-

1

-

Net unsettled investment security purchases

-

-

-

-

0

-7

0

0

-

SFC
Net income

858

461

152

-

-

-

-

-

-

Provision for finance receivable losses

1,129

1,043

947

-

-

-

-

-

-

Depreciation and amortization

271

279

317

-

-

-

-

-

-

Deferred income tax charge (benefit)

3

21

43

-

-

-

-

-

-

Net loss on repurchase and repayment of debt

-35

-9

-29

-

-

-

-

-

-

Non-cash incentive compensation from SFH

0

110

0

-

-

-

-

-

-

Share-based compensation expense, net of forfeitures

13

10

5

-

-

-

-

-

-

Other

9

-13

5

-

-

-

-

-

-

Cash flows due to changes in other assets and other liabilities

-92

-21

-159

-

-

-

-

-

-

Net cash provided by operating activities

2,392

1,967

1,647

-

-

-

-

-

-

Net principal originations of finance receivables held for investment and held for sale

3,305

2,372

2,267

-

-

-

-

-

-

Proceeds on sale of finance receivables held for sale originated as held for investment

19

100

0

-

-

-

-

-

-

Cash advances on intercompany notes receivables

3

34

355

-

-

-

-

-

-

Proceeds from repayments of principal on intercompany note to parent

3

187

249

-

-

-

-

-

-

Available-for-sale securities purchased

718

680

671

-

-

-

-

-

-

Available-for-sale securities called, sold, and matured

574

563

739

-

-

-

-

-

-

Other securities purchased

18

11

0

-

-

-

-

-

-

Other securities called, sold, and matured

31

36

18

-

-

-

-

-

-

Other, net

12

27

-7

-

-

-

-

-

-

Net cash used for investing activities

-3,429

-2,238

-2,280

-

-

-

-

-

-

Proceeds from issuance of long-term debt, net of commissions

5,895

5,525

5,427

-

-

-

-

-

-

Repayment of long-term debt

3,961

5,471

4,447

-

-

-

-

-

-

Cash contribution of related party

144

0

0

-

-

-

-

-

-

Cash dividends

0

0

10

-

-

-

-

-

-

Payments on intercompany note payable

170

99

0

-

-

-

-

-

-

Withholding tax on share-based compensation

5

2

2

-

-

-

-

-

-

Net cash provided by (used in) financing activities

1,507

-23

968

-

-

-

-

-

-

Net change in cash and cash equivalents and restricted cash and restricted cash equivalents

470

-294

335

-

-

-

-

-

-

Cash paid for amounts included in the measurement of operating lease liabilities

58

-

-

-

-

-

-

-

-

Interest paid

847

753

746

-

-

-

-

-

-

Income taxes paid

261

150

154

-

-

-

-

-

-

Transfer of net finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)

0

111

0

-

-

-

-

-

-

Non-cash merger of SFI with SFC

-408

0

0

-

-

-

-

-

-

Transfer of finance receivables to real estate owned

8

7

9

-

-

-

-

-

-

Non-cash dividend of SFMC

0

0

28

-

-

-

-

-

-

Right-of-use assets obtained in exchange for operating lease obligations

233

0

0

-

-

-

-

-

-