SLM Corp SLM Cash Flow

Slm corp (SLM)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Operating activities
Net income
362	141	128	150	158	147	103	109	126	47	76	70	94	70	56	57	65	89	45	91	47	19	82	44	47	59	49	-197	346	-373	187	291	111	-68	-47	-6	175	-	-	-	-	-	159	-122	-21
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provisions for credit losses
61	97	99	93	63	57	70	63	53	55	54	50	25	43	41	41	32	30	27	15	16	30	14	1	39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
121	-140	40	33	56	-90	-53	40	40	-195	40	44	51	-207	47	32	38	-187	17	60	31	-156	54	31	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of brokered deposit placement fee
5	5	4	4	3	3	3	3	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Secured Borrowing Facility upfront fee
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred loan origination costs and loan premium/(discounts), net
-12	-3	-3	-3	-3	-2	-2	-2	-2	-2	-2	-2	-1	-1	-1	-1	-1	-1	-1	-0	-0	-0	-0	-0	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net amortization of discount on investments
-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on investments
-1	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in tax indemnification receivable
0	-10	-0	-4	3	-6	-89	2	1	-31	-3	1	1	-2	10	2	1	0	1	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of premises and equipment
3	4	3	3	3	4	3	3	3	2	2	2	2	2	4	0	2	2	1	1	1	1	1	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of acquired intangibles
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-184	-1	-20	6	279	-6	-98	46
Gains on loans and investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	-	-	-	-	-	-	-	-	-1	1	-3	8	-	-	-	-
Net income attributable to SLM Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-494	337	240	-	-	-	-
Gains on debt repurchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	-	-	-	-	-	0	0	38	516	-17	-271	90	-	-	-	-
Gains on debt repurchases and loan sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill and acquired intangible asset impairment and amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	4	4	5	-	6	6	6	-146	669	9	9	-	-	-	-
Stock-based compensation expense
13	6	5	5	13	6	5	5	14	6	6	6	9	4	5	6	6	5	5	5	6	4	11	1	7	3	3	-9	19	-21	9	10	22	-25	11	12	25	9	4	13	12	10	9	16	13
Unrealized gains on derivatives and hedging activities, net
43	-5	3	17	4	7	-4	-5	3	-0	3	-5	-5	-4	1	1	-0	0	-1	0	2	0	6	-6	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sales of loans, net
239	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans and Leases Receivable, Gain (Loss) on Sales, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	85	1	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other adjustments to net income, net
-1	-6	6	-1	-1	-1	-2	-1	-1	-1	-1	-1	-1	-1	-1	-0	-0	0	-0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Net decrease in loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Origination of loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in restricted cash - other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96	1	-54	-	-6	-15	-25	4	8	-87	35
Increase in accrued interest receivable
236	244	240	239	239	235	221	206	201	196	181	171	153	151	152	130	147	61	125	69	121	110	44	99	76	97	64	138	-19	372	-100	-99	-5	184	-43	-197	104	-324	180	-10	158	-652	240	-939	458
Unrealized gains on derivative and hedging activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	138	-	-52	194	-193	-	-251	-339	-57	172	-138	322	122	167	5	-482	-15
Provisions for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	241	-	270	243	253	-	409	291	303	320	357	382	359	269	321	278	250
Student loans originated for sale, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,311	476	3,759	6,722	3,253	5,674	16,583	-6,411
Decrease (increase) in restricted cash and investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	-4	28	-29	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of held-to-maturity and other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	93	-	-	-	-	-	67	81	50	41	36	53	10	-	-	-	-
Proceeds from sales and maturities of held-to-maturity and other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94	-	-	-	-	-	67	61	67	25	39	32	39	10	0	24	43
Purchases of other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	68	80	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	50	78	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in restricted cash and investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	-6	-	3	0	-1	-	-	-	-	-	-	-	-107	-	-385	950	44	-	-298	-229	92	-278	-366	165	52	-137	654	318	344
Increase in other interest-earning assets
40	-22	9	33	4	-4	3	-3	10	-9	-17	-1	1	1	-6	-4	3	7	-3	-7	-13	26	5	19	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in tax indemnification receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-29	0	-14	-14	-29	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment for non-cash loss related to Retained Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-17	101	249
Increase in other assets
32	-7	-18	27	0	8	5	15	35	19	32	7	13	24	8	3	11	0	-7	23	2	6	-0	23	-3	10	-26	308	-291	410	-371	77	-109	-	-	8	-214	32	130	-547	-821	-	-	-	-
Decrease in income taxes payable, net
-0	-	-52	-128	-3	-	-48	-106	-1	-	-77	-138	-1	-	-52	-92	-57	-	-78	-74	-23	-	-94	-76	-122	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in accrued interest payable
18	-8	14	-0	7	-1	15	0	11	-0	11	-2	6	-6	7	-6	9	-6	7	-6	6	0	5	-6	3	0	1	-3	2	57	-84	-10	39	-86	12	-76	146	-94	-17	-45	79	-77	-30	-124	-284
Decrease in payable due to entity that is a subsidiary of Navient
-	-	-	-	-	-	-	-	-	-	0	-1	0	-	1	-1	1	-1	1	-4	-1	-9	7	11	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in other assets, goodwill and acquired intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18	192
Increase (decrease) in other liabilities
134	-10	-11	66	-39	11	12	9	-18	-4	41	4	-39	8	-0	5	2	-20	9	6	-10	-33	18	13	-1	62	17	116	-158	-31	-61	230	-138	57	106	-146	-79	-69	55	-127	-3	-70	191	-89	-60
Total adjustments
-217	-79	-142	-230	-141	-157	-116	-175	-140	-91	-93	-170	-104	-127	-89	-116	-115	-46	-90	-155	-66	-218	-89	-157	-165	-	-	-	-	-	-	-	480	-1,927	754	614	584	1,492	409	-3,355	-5,789	-	-	-	-
Cash provided by operating activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	531	-	-	-	-	-	-	-	-	-	-	-	-	-2,262	-5,255	-3,382	-5,527
Cash (used in) operating activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-	-	-	-	-	-	-	-	-	-	-	-	281	58	94	80
Total net cash provided by operating activities
144	61	-14	-79	16	-10	-12	-65	-14	-44	-17	-100	-9	-57	-32	-59	-49	43	-44	-64	-19	-198	-6	-113	-118	63	67	-589	529	-1,842	804	547	591	-1,995	707	608	759	1,961	-85	-3,017	-5,549	-1,996	-5,037	-3,410	-5,468
Investing activities
Loans acquired and originated
2,310	802	2,416	665	2,253	923	2,407	862	2,300	929	1,967	454	1,892	625	1,838	427	1,806	579	1,716	407	1,663	559	1,614	396	1,524	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from sales of loans held for investment
3,283	0	0	0	0	0	0	44	0	1	2	1	1	1	2	2	3	757	4	779	6	7	1,238	76	679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from claim payments
11	11	10	9	11	16	11	14	12	14	9	12	11	15	15	15	18	20	23	21	46	39	-2	63	27	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in loans held for investment
-1,177	-1,101	-988	-926	-1,077	-868	-766	-706	-735	-577	-507	-473	-506	-378	-329	-291	-332	-240	-227	-201	-243	-161	-191	-101	-183	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of available-for-sale securities
62	50	145	126	33	7	5	2	0	22	15	21	18	15	17	11	12	14	23	18	8	16	8	21	25	29	17	1	14	-5	17	8	14	-125	15	39	71	6,501	3,916	9,196	18,688	23,814	38,601	45,540	20,521
Increase in restricted cash and investments - variable interest entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	4	3	-	18	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Student loans acquired and originated
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,559	-	1,671	2,168	1,658	-	1,348	539	1,279	723	1,226	972	1,689	2,191	2,267	2,355	2,589
Loans purchased from securitized trusts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	1	2
Installment payments, claims and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,349	-	5,688	5,088	3,391	-	2,965	3,163	3,544	2,200	2,619	1,508	3,484	2,751	2,848	2,439	2,708
Proceeds from sales of student loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	226	-	144	149	135	-	187	192	189	228	195	88	75	273	52	0	462
Other loans - originated
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-34	37
Other loans - repaid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	18	82	23	20	150	67
Other investing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-65	-	-	-	-121	-	311	241	-69	-164	-91	-560	911	27	-59	758	-22
Proceeds from sales of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100
Proceeds from sales and maturities of available-for-sale securities
18	18	21	6	4	7	8	51	10	10	12	8	8	12	10	8	6	7	8	11	6	3	3	2	1	583	3	1	9	-28	12	32	12	-151	30	80	53	6,631	4,108	9,543	19,182	23,534	38,801	44,889	20,726
Cash provided by investing activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,806	2,825	2,430	2,143	2,258	1,363	1,510	-	-	-	-
Cash provided by investing activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	23	28	51	19	26	42	-	-	-	-
Total net cash provided by (used in) investing activities
2,118	278	-1,541	150	-1,193	-39	-1,626	-48	-1,540	-347	-1,450	20	-1,382	-221	-1,500	-125	-1,461	427	-1,495	588	-1,367	-363	-192	-174	-658	-56	-844	-2,014	2,184	-9,387	4,439	2,004	1,941	-7,770	1,864	2,848	2,458	2,194	2,277	1,389	1,553	836	258	-1,420	636
Financing activities
Brokered deposit placement fee
1	8	4	13	1	0	6	11	7	2	4	3	2	0	1	0	2	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in certificates of deposit
69	1,666	895	1,383	404	571	1,006	252	694	492	779	459	-151	-916	425	265	-209	450	301	-66	-74	955	221	-512	-324	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in other deposits
-55	-	538	82	290	-	126	8	323	-	464	-31	83	-	638	77	245	-	-56	-50	-22	-	41	627	135	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings collateralized by loans in securitization trusts - issued
633	0	0	654	451	0	540	682	667	672	0	-0	767	671	605	499	0	-	-	-	-	-	-	-	-	-	-	-	2,588	-	3,110	4,779	2,115	-	-4	2,220	818	-1	3,194	1,179	1,544	1,425	2,531	7,710	1,330
Borrowings collateralized by loans in securitization trusts - repaid
281	249	262	269	260	249	227	211	200	137	134	162	99	81	65	20	20	14	27	0	0	-	-	-	-	-	-	-	3,182	-	4,716	3,032	3,817	-	2,781	3,013	2,712	2,391	3,970	2,174	2,099	1,492	1,264	1,500	1,432
Borrowings under Secured Borrowing Facility
-	-	-	-	-	0	0	0	300	0	300	0	0	0	350	0	26	496	713	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of borrowings under Secured Borrowing Facility
289	8	0	0	0	0	0	0	300	300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees paid on Secured Borrowing Facility
-3	0	0	-0	-1	-0	0	-0	-1	0	-0	0	-1	0	-0	-0	-1	-2	0	-0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance costs for unsecured debt offering
-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock dividends paid
12	12	12	12	13	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	-	57	60	63	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in deposits with entity that is a subsidiary of Navient
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-2	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net capital contributions from entity that is a subsidiary of Navient
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	22	5	-21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax (expense) benefit from the exercise of stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	4	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Preferred stock dividends paid
3	3	4	4	4	4	4	3	3	3	3	3	5	5	5	5	5	4	4	4	4	4	4	3	0	0	0	-5	5	-15	5	5	5	-	5	4	4	16	18	18	18	31	32	25	26
Asset-backed commercial paper conduits, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	427	-	-1,093	-495	1,728	-	-70	793	-1,238	249	-309	-1,557	-441	-634	-3,049	-13,137	682
ED Conduit Program facility, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,583	-	-3,125	-2,637	-3,198	-	-788	-817	-912	-449	-446	1,190	368	-	-	-	-
ED Participation Program, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32	370	4,109	6,740	3,802	5,627	3,706	6,164
Other short-term borrowings issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	23	-	-	-	-	-	-	-	-	0	0	198	100
Other short-term borrowings repaid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	41	23	-	-	-	-	-	-	-	-	235	207	778	212
Other long-term borrowings issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,489	-	1,842	343	1,584	-	0	0	1,967	1	-0	0	1,463	0	0	3,176	1,156
Other long-term borrowings repaid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,433	-	1,170	1,328	454	-	161	2,318	1,815	2,728	2,714	1,970	2,541	1,169	3,400	1,910	3,024
Other financing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-358	-	130	187	-93	-	339	178	77	-1,559	1,290	495	-247	255	526	-627	-905
Retail and other deposits, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	396	-	83	56	188	-	472	-13	130	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-0	0	0	-	-	-	-
Common stock repurchased
558	9	37	60	60	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	199	-	121	341	268	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interest, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-0	-0	-7
Net cash provided by (used in) financing activities
-501	1,386	1,410	1,759	804	777	1,435	716	1,474	713	1,401	288	590	768	1,945	289	33	662	1,543	-120	-97	1,351	245	576	-171	1,028	392	2,752	-2,928	11,074	-5,180	-2,574	-2,283	10,054	-3,193	-3,183	-3,688	-5,687	-2,583	1,054	4,766	2,043	3,826	7,907	3,825
Net increase (decrease) in cash, cash equivalents and restricted cash
1,761	1,726	-145	1,830	-372	727	-203	602	-80	321	-66	208	-800	489	412	104	-1,477	1,134	2	403	-1,484	789	46	289	-947	1,035	-384	148	-215	-155	63	-23	249	288	-622	273	-471	-1,532	-392	-573	770	883	-952	3,076	-1,006
Cash disbursements made for:
Interest
151	176	166	176	147	144	119	113	94	77	69	66	54	50	44	42	32	31	27	27	25	25	22	26	16	18	18	-528	568	-1,837	637	644	632	-1,716	589	612	613	609	618	595	549	586	767	899	1,403
Income taxes paid
3	16	53	128	3	66	50	109	1	65	76	138	1	70	52	93	56	34	79	73	17	107	94	100	99	-128	199	-4	15	-368	106	264	46	-470	132	199	165	85	66	43	5	6	114	164	12
Income taxes refunded
2	0	0	0	0	8	1	2	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	1	-5	0	0	5	-	4	4	18	1,194	-66	-0	-498	-	-	-	-
Investing activity - Student loans and other assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	402	-	-	-	-	-	-	-	-	-	-	-	-
Investing activity - Student loans and other assets removed related to sale of Residual Interest in securitization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,665	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing activity - Borrowings assumed in acquisition of student loans and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	425	-	-	-	-	-	-	-	-	-	-	-	-
Financing activity - Borrowings removed related to sale of Residual Interest in securitization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,681	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-