Finance Receivables, Net (Tables)

3 Months Ended

Mar. 31, 2018

Financing Receivable, Net [Abstract]

Allowance for Credit Losses on Financing Receivables

The following table is a rollforward of the allowance for doubtful finance receivables as well as the related investment in finance receivables:

Allowance for Credit Losses:	United States			Canada			Europe			Other(1)		Total
Balance at December 31, 2017	$	56		$	15		$	35		$	2	$	108
Provision	5			—			4			—		9
Charge-offs	(5		)	(1		)	(4		)	—		(10		)
Recoveries and other(2)	—			—			1			—		1
Balance at March 31, 2018	$	56		$	14		$	36		$	2	$	108
Finance receivables as of March 31, 2018 collectively evaluated for impairment (3)	$	1,994		$	373		$	1,364		$	62	$	3,793
Balance at December 31, 2016	$	55		$	16		$	37		$	2	$	110
Provision	4			—			5			—		9
Charge-offs	(6		)	(2		)	(2		)	—		(10		)
Recoveries and other(2)	—			2			—			—		2
Balance at March 31, 2017	$	53		$	16		$	40		$	2	$	111
Finance receivables as of March 31, 2017 collectively evaluated for impairment(3)	$	2,108		$	382		$	1,276		$	51	$	3,817

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(1) Includes developing market countries and smaller units.

(2) 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.

(3) Total Finance receivables exclude the allowance for credit losses of $108 and $111 at March 31, 2018 and 2017, respectively.

Financing Receivable Credit Quality Indicators

Details about our finance receivables portfolio based on industry and credit quality indicators are as follows:

	March 31, 2018								December 31, 2017
	Investment Grade		Non-investment Grade		Substandard		Total Finance Receivables		Investment Grade		Non-investment Grade		Substandard		Total Finance Receivables
Finance and other services	$	193	$	334	$	82	$	609	$	199	$	345	$	75	$	619
Government and education	480		62		6		548		490		61		6		557
Graphic arts	86		93		133		312		84		97		141		322
Industrial	80		84		15		179		82		84		14		180
Healthcare	90		46		8		144		88		48		9		145
Other	66		95		41		202		68		98		40		206
Total United States	995		714		285		1,994		1,011		733		285		2,029
Finance and other services	52		39		26		117		54		42		27		123
Government and education	44		5		4		53		48		5		5		58
Graphic arts	30		33		27		90		34		35		27		96
Industrial	19		11		11		41		20		12		11		43
Other	34		23		15		72		36		25		16		77
Total Canada	179		111		83		373		192		119		86		397
France	244		213		23		480		234		226		22		482
U.K./Ireland	109		145		11		265		106		150		10		266
Central(1)	196		144		16		356		189		149		16		354
Southern(2)	46		153		14		213		52		144		13		209
Nordics(3)	29		20		1		50		29		21		1		51
Total Europe	624		675		65		1,364		610		690		62		1,362
Other	38		21		3		62		38		28		6		72
Total	$	1,836	$	1,521	$	436	$	3,793	$	1,851	$	1,570	$	439	$	3,860

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(1) Switzerland, Germany, Austria, Belgium and Holland.

(2) Italy, Greece, Spain and Portugal.

(3) Sweden, Norway, Denmark and Finland.

Finance Receivables Aging

The aging of our billed finance receivables is based upon the number of days an invoice is past due and is as follows:

	March 31, 2018
	Current		31-90 Days Past Due		>90 Days Past Due		Total Billed		Unbilled		Total Finance Receivables		>90 Days and Accruing
Finance and other services	$	14	$	3	$	1	$	18	$	591	$	609	$	11
Government and education	16		4		3		23		525		548		26
Graphic arts	12		1		—		13		299		312		5
Industrial	5		1		1		7		172		179		4
Healthcare	4		1		1		6		138		144		4
Other	6		1		1		8		194		202		3
Total United States	57		11		7		75		1,919		1,994		53
Canada	8		2		1		11		362		373		19
France	7		—		—		7		473		480		16
U.K./Ireland	1		1		—		2		263		265		—
Central(1)	1		1		1		3		353		356		6
Southern(2)	4		1		1		6		207		213		8
Nordics(3)	1		—		—		1		49		50		—
Total Europe	14		3		2		19		1,345		1,364		30
Other	3		—		—		3		59		62		—
Total	$	82	$	16	$	10	$	108	$	3,685	$	3,793	$	102
	December 31, 2017
	Current		31-90 Days Past Due		>90 Days Past Due		Total Billed		Unbilled		Total Finance Receivables		>90 Days and Accruing
Finance and other services	$	18	$	3	$	1	$	22	$	597	$	619	$	12
Government and education	18		3		3		24		533		557		21
Graphic arts	12		1		—		13		309		322		6
Industrial	6		1		1		8		172		180		4
Healthcare	5		1		1		7		138		145		5
Other	7		1		1		9		197		206		3
Total United States	66		10		7		83		1,946		2,029		51
Canada	8		2		1		11		386		397		17
France	6		—		—		6		476		482		22
U.K./Ireland	3		—		—		3		263		266		—
Central(1)	1		2		—		3		351		354		6
Southern(2)	4		1		1		6		203		209		6
Nordics(3)	—		—		—		—		51		51		—
Total Europe	14		3		1		18		1,344		1,362		34
Other	3		—		—		3		69		72		—
Total	$	91	$	15	$	9	$	115	$	3,745	$	3,860	$	102

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(1)Switzerland, Germany, Austria, Belgium and Holland.

(2)Italy, Greece, Spain and Portugal.

(3)Sweden, Norway, Denmark and Finland.