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Cat Financial Financing Activities (Tables)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Receivables [Abstract]    
Allowance for credit losses and total finance receivables
An analysis of the allowance for credit losses was as follows:
   
 (Millions of dollars)
March 31, 2021
Allowance for Credit Losses:CustomerDealerTotal
Balance at beginning of year$431 $44 $475 
Receivables written off(34)— (34)
Recoveries on receivables previously written off10 — 10 
Provision for credit losses(10)— (10)
Other(4)— (4)
Balance at end of period$393 $44 $437 
   
Individually evaluated$185 $39 $224 
Collectively evaluated208 5 213 
Ending Balance$393 $44 $437 
Finance Receivables:   
Individually evaluated$579 $78 $657 
Collectively evaluated18,524 2,555 21,079 
Ending Balance$19,103 $2,633 $21,736 
   
 (Millions of dollars)
December 31, 2020
Allowance for Credit Losses:CustomerDealerTotal
Balance at beginning of year$375 $45 $420 
Adjustment to adopt new accounting guidance 1
12 — 12 
Receivables written off(263)— (263)
Recoveries on receivables previously written off41 — 41 
Provision for credit losses262 (1)261 
Other4 — 4 
Balance at end of year$431 $44 $475 
Individually evaluated$187 $39 $226 
Collectively evaluated244 5 249 
Ending Balance$431 $44 $475 
Finance Receivables:   
Individually evaluated$594 $78 $672 
Collectively evaluated18,644 2,844 21,488 
Ending Balance$19,238 $2,922 $22,160 
1 Adjustment to adopt new accounting guidance related to credit losses.
  
Financing Receivable Credit Quality Indicators   The tables below summarize the aging category of Cat Financial's amortized cost of finance receivables in the Customer portfolio segment by origination year:
      
 (Millions of dollars)March 31, 2021
20212020201920182017PriorRevolving
Finance
Receivables 		Total Finance Receivables
North America      
Current$1,149 $3,551 $2,192 $1,156 $425 $166 $61 $8,700 
31-60 days past due5 34 30 18 7 8 1 103 
61-90 days past due— 14 9 7 4 1 — 35 
91+ days past due— 18 35 22 16 10 1 102 
EAME
Current459 1,307 811 419 164 56 — 3,216 
31-60 days past due1 8 5 3 1 — — 18 
61-90 days past due— 3 3 1 1 — — 8 
91+ days past due— 9 5 12 5 81 — 112 
Asia/Pacific
Current399 1,246 616 222 42 10 — 2,535 
31-60 days past due— 15 15 10 1 — — 41 
61-90 days past due— 7 8 7 4 — — 26 
91+ days past due— 8 12 12 2 — — 34 
Mining
Current169 462 539 313 109 206 86 1,884 
31-60 days past due5 — — — — — — 5 
61-90 days past due— — — 1 — — — 1 
91+ days past due— 1 2 4 2 — — 9 
Latin America
Current124 490 264 106 35 23 — 1,042 
31-60 days past due— 6 6 6 3 — — 21 
61-90 days past due— 3 4 6 1 13 — 27 
91+ days past due— 3 9 10 22 10 — 54 
Caterpillar Power Finance
Current5 216 149 102 214 207 112 1,005 
31-60 days past due— — — — — — — — 
61-90 days past due— — — — 1 1 — 2 
91+ days past due— 2 — 25 3 93 — 123 
Total Customer$2,316 $7,403 $4,714 $2,462 $1,062 $885 $261 $19,103 
      
 (Millions of dollars)December 31, 2020
20202019201820172016PriorRevolving
Finance
Receivables 		Total Finance Receivables
North America      
Current$3,777 $2,423 $1,344 $522 $212 $27 $89 $8,394 
31-60 days past due52 49 33 16 7 2 — 159 
61-90 days past due22 25 16 9 2 1 — 75 
91+ days past due14 35 31 20 9 4 2 115 
EAME
Current1,605 931 501 203 60 18 — 3,318 
31-60 days past due5 15 3 2 — — — 25 
61-90 days past due1 1 2 1 — — — 5 
91+ days past due7 7 12 4 39 43 — 112 
Asia/Pacific
Current1,375 745 321 61 10 3 — 2,515 
31-60 days past due12 22 13 6 — — — 53 
61-90 days past due7 11 7 1 — — — 26 
91+ days past due4 10 9 3 — — — 26 
Mining
Current490 571 287 152 92 151 137 1,880 
31-60 days past due5 — 5 1 — — — 11 
61-90 days past due— — — — — — — — 
91+ days past due— 11 8 2 — — 1 22 
Latin America
Current561 348 151 48 13 34 — 1,155 
31-60 days past due3 6 4 3 — — — 16 
61-90 days past due1 7 6 3 2 — — 19 
91+ days past due2 14 11 24 5 4 — 60 
Caterpillar Power Finance
Current217 172 111 273 99 117 119 1,108 
31-60 days past due— — 6 — — — — 6 
61-90 days past due— — — — — 9 — 9 
91+ days past due2 — 20 3 25 79 — 129 
Total Customer$8,162 $5,403 $2,901 $1,357 $575 $492 $348 $19,238 
Investment in finance receivables on non-accrual status
In Cat Financial's Customer portfolio segment, finance receivables which were on non-accrual status and finance receivables over 90 days past due and still accruing income were as follows:
   
March 31, 2021December 31, 2020
 Amortized CostAmortized Cost
 (Millions of dollars)
Non-accrual
With an
Allowance		Non-accrual
Without an
Allowance		91+ Still
Accruing		Non-accrual
With an
Allowance		Non-accrual
Without an
Allowance		91+ Still
Accruing
   
North America$76 $2 $27 $86 $1 $34 
EAME109 — 3 113 1 1 
Asia/Pacific20 — 14 13 — 13 
Mining7 1 1 21 1 — 
Latin America57 1 2 63 — 1 
Caterpillar Power Finance147 11 — 170 17 — 
Total$416 $15 $47 $466 $20 $49 

There was $3 million and less than $1 million of interest income recognized during the three months ended March 31, 2021 and 2020, respectively, for customer finance receivables on non-accrual status.
  
Finance receivables modified as TDRs Cat Financial’s finance receivables in the Customer portfolio segment modified as TDRs were as follows:
  
(Millions of dollars)Three Months Ended March 31, 2021Three Months Ended March 31, 2020
Pre-TDR
Amortized Cost		Post-TDR
Amortized Cost		Pre-TDR
Amortized Cost		Post-TDR
Amortized Cost
Mining$11 $5 $— $— 
Latin America— — 2 2 
Total 
$11 $5 $2 $2 

TDRs in the Customer portfolio segment with a payment default (defined as 91+ days past due) which had been modified within twelve months prior to the default date, were as follows:
(Millions of dollars)Three Months Ended March 31, 2021Three Months Ended March 31, 2020
Post-TDR
Amortized Cost		Post-TDR
Amortized Cost
North America$1 $— 
EAME— 10 
Asia Pacific4 — 
Latin America— 1 
Caterpillar Power Finance5 — 
Total$10 $11