Loans and finance receivables (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of receivables

Other receivables are comprised of the following (in millions).

	September 30, 2021			December 31, 2020
Insurance and other:
Insurance premiums receivable	$	16,151		$	14,025
Reinsurance recoverables		4,892			4,805
Trade receivables		13,579			11,521
Other		3,344			2,637
Allowances for uncollectible accounts		(689	)		(678	)
	$	37,277		$	32,310
Railroad, utilities and energy:
Trade receivables	$	3,780		$	3,235
Other		720			438
Allowances for uncollectible accounts		(176	)		(131	)
	$	4,324		$	3,542

Loans and Finance Receivables [Member]

Schedule of receivables

Loans and finance receivables are summarized as follows (in millions).

	September 30, 2021			December 31, 2020
Loans and finance receivables before allowances and discounts	$	21,685		$	20,436
Allowances for uncollectible loans		(744	)		(712	)
Unamortized acquisition discounts and points		(544	)		(523	)
	$	20,397		$	19,201

Schedule of reconciliation of allowance for credit losses on loans and finance receivables

Loans and finance receivables are principally manufactured home loans, and to a lesser extent, commercial loans and site-built home loans. Reconciliations of the allowance for credit losses on loans and finance receivables for each of the first nine months of 2021 and 2020 follow (in millions).

	2021			2020
Balance at beginning of year	$	712		$	167
Adoption of ASC 326		—			486
Provision for credit losses		65			177
Charge-offs, net of recoveries		(33	)		(99	)
Balance at September 30	$	744		$	731

Manufactured Housing Loan Balances [Member]

Summary of performing and non-performing home loans before discounts and allowances by year of loan origination

A summary of performing and non-performing home loans before discounts and allowances by year of loan origination as of September 30, 2021 follows (in millions).

	Origination Year
	2021		2020		2019		2018		2017		Prior		Total
Performing	$	3,794	$	3,264	$	2,308	$	1,748	$	1,300	$	7,126	$	19,540
Non-performing		2		3		6		6		5		40		62
	$	3,796	$	3,267	$	2,314	$	1,754	$	1,305	$	7,166	$	19,602