XML 46 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
Finance Receivables, Net (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net $ 4,418           $ 4,683
Financing Receivable, Allowance for Credit Losses [Roll Forward]              
Beginning Balance 164 158 154 162 160 170  
Provision 10 15 15 19 21 13  
Charge-offs (12) (11) (12) (19) (20) (21)  
Recoveries and other (5) 2 [1] 1 [1] 4 [1] 1 [1] (2) [1]  
Sale of finance receivables       (12)      
Ending Balance 157 164 158 154 162 160  
Financing Receivable, Collectively Evaluated for Impairment 4,418 [2]     4,832 [2]      
Residual values not included in the impairment evaluation 0     1      
Allowance for credit losses not included in the impairment evaluation 157     154      
United States
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 1,699           1,666
Financing Receivable, Allowance for Credit Losses [Roll Forward]              
Beginning Balance 49 48 45 54 51 50  
Provision (1) 1 3 3 6 2  
Charge-offs (2) 0 (1) (3) (2) (2)  
Recoveries and other 1 0 [1] 1 [1] 1 [1] (1) [1] 1 [1]  
Sale of finance receivables       (12)      
Ending Balance 47 49 48 43 54 51  
Financing Receivable, Collectively Evaluated for Impairment 1,699 [2]     1,587 [2]      
Canada
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 404 [3]           421 [3]
Financing Receivable, Allowance for Credit Losses [Roll Forward]              
Beginning Balance 20 20 22 29 29 31  
Provision 2 2 2 3 3 2  
Charge-offs (2) (4) (4) (4) (3) (4)  
Recoveries and other 1 2 [1] 0 [1] 2 [1] 0 [1] 0 [1]  
Sale of finance receivables       0      
Ending Balance 21 20 20 30 29 29  
Financing Receivable, Collectively Evaluated for Impairment 404 [2]     696 [2]      
Europe
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 1,952           2,292
Financing Receivable, Allowance for Credit Losses [Roll Forward]              
Beginning Balance 86 83 81 74 76 85  
Provision 7 11 7 12 10 9  
Charge-offs (7) (8) (5) (12) (14) (15)  
Recoveries and other (6) 0 [1] 0 [1] 2 [1] 2 [1] (3) [1]  
Sale of finance receivables       0      
Ending Balance 80 86 83 76 74 76  
Financing Receivable, Collectively Evaluated for Impairment 1,952 [2]     2,279 [2]      
France
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 650           718
U.K./Ireland
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 375           412
Southern
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 269 [4]           347 [4]
Central
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 582 [5]           724 [5]
Nordics
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 76 [6]           91 [6]
Other
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 363           304
Financing Receivable, Allowance for Credit Losses [Roll Forward]              
Beginning Balance 9 [7] 7 [7] 6 [7] 5 [7] 4 [7] 4 [7]  
Provision 2 1 [7] 3 [7] 1 [7] 2 [7] 0 [7]  
Charge-offs (1) 1 [7] (2) [7] 0 [7] (1) [7] 0 [7]  
Recoveries and other (1) 0 [1],[7] 0 [1],[7] (1) [1],[7] 0 [1],[7] 0 [1],[7]  
Sale of finance receivables       0 [7]      
Ending Balance 9 9 [7] 7 [7] 5 [7] 5 [7] 4 [7]  
Financing Receivable, Collectively Evaluated for Impairment 363 [2],[7]     270 [2],[7]      
Investment Grade
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 2,366           2,600
Investment Grade | United States
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 1,158           1,208
Investment Grade | Canada
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 237 [3]           250 [3]
Investment Grade | Europe
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 769           916
Investment Grade | France
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 255           282
Investment Grade | U.K./Ireland
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 170           199
Investment Grade | Southern
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 73 [4]           102 [4]
Investment Grade | Central
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 245 [5]           287 [5]
Investment Grade | Nordics
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 26 [6]           46 [6]
Investment Grade | Other
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 202           226
Non-investment Grade
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 1,510           1,530
Non-investment Grade | United States
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 325           253
Non-investment Grade | Canada
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 109 [3]           100 [3]
Non-investment Grade | Europe
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 944           1,108
Non-investment Grade | France
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 272           314
Non-investment Grade | U.K./Ireland
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 170           171
Non-investment Grade | Southern
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 153 [4]           187 [4]
Non-investment Grade | Central
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 299 [5]           394 [5]
Non-investment Grade | Nordics
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 50 [6]           42 [6]
Non-investment Grade | Other
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 132           69
Substandard
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 542           553
Substandard | United States
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 216           205
Substandard | Canada
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 58 [3]           71 [3]
Substandard | Europe
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 239           268
Substandard | France
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 123           122
Substandard | U.K./Ireland
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 35           42
Substandard | Southern
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 43 [4]           58 [4]
Substandard | Central
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 38 [5]           43 [5]
Substandard | Nordics
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net 0 [6]           3 [6]
Substandard | Other
             
Financing Receivable, Allowance for Credit Losses [Line Items]              
Financing Receivable, Net $ 29           $ 9
[1] Includes the impacts of foreign currency translation and adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations.
[2] Total Finance receivables exclude residual values of $0 and $1, and the allowance for credit losses of $157 and $154 at September 30, 2014 and 2013, respectively.
[3] Historically, the Company had included certain Canadian customers with graphic arts activity in their industry sector. In 2014, these customers were reclassified to Graphic Arts to better reflect their primary business activity. The December 31, 2013 amounts have been revised to reclassify $33 of graphic arts customers from Finance and Other Services and to reclassify $38 from Industrial to be consistent with the September 30, 2014 presentation.
[4] Italy, Greece, Spain and Portugal.
[5] Switzerland, Germany, Austria, Belgium and Holland.
[6] Sweden, Norway, Denmark and Finland.
[7] Includes developing market countries and smaller units.