Business Segments (Tables)

6 Months Ended

Jun. 30, 2013

Reconciliation of IFRS Basis Segment Results

Reconciliation of our IFRS Basis segment results to the U.S. GAAP consolidated totals are as follows:



	IFRS Basis Consumer Segment Totals			IFRS Adjustments⁽¹⁾			IFRS Reclassifications⁽²⁾			U.S. GAAP Consolidated Totals
	(in millions)
Three Months Ended June 30, 2013:
Net interest income	$	493		$	(168	)	$	(87	)	$	238
Other operating income (Total other revenues)	(116		)	658			86			628
Total operating income (loss)	377			490			(1		)	866
Loan impairment charges (Provision for credit losses)	124			143			—			267
Net interest income and other operating income less provision for credit losses	253			347			(1		)	599
Operating expenses	153			43			(1		)	195
Profit (loss) before tax	$	100		$	304		$	—		$	404

Three Months Ended June 30, 2012:
Net interest income	$	622		$	(127	)	$	(104	)	$	391
Other operating income (Total other revenues)	(431		)	(1,550		)	116			(1,865		)
Total operating income (loss)	191			(1,677		)	12			(1,474		)
Loan impairment charges (Provision for credit losses)	720			18			—			738
Net interest income and other operating income less provision for credit losses	(529		)	(1,695		)	12			(2,212		)
Operating expenses	221			6			12			239
Profit (loss) before tax	$	(750	)	$	(1,701	)	$	—		$	(2,451	)

Six Months Ended June 30, 2013:
Net interest income	$	1,129		$	(327	)	$	(170	)	$	632
Other operating income (Total other revenues)	(315		)	1,120			177			982
Total operating income (loss)	814			793			7			1,614
Loan impairment charges (Provision for credit losses)	443			(152		)	—			291
Net interest income and other operating income less provision for credit losses	371			945			7			1,323
Operating expenses	408			48			7			463
Profit (loss) before tax	$	(37	)	$	897		$	—		$	860
Balances at end of period:
Customer loans (Receivables)	$	34,498		$	(5,346	)	$	(40	)	$	29,112
Assets	43,839			(1,967		)	—			41,872

Six Months Ended June 30, 2012:
Net interest income	$	1,267		$	(249	)	$	(219	)	$	799
Other operating income (Total other revenues)	(748		)	(1,563		)	251			(2,060		)
Total operating income (loss)	519			(1,812		)	32			(1,261		)
Loan impairment charges (Provision for credit losses)	1,575			(46		)	—			1,529
Net interest income and other operating income less provision for credit losses	(1,056		)	(1,766		)	32			(2,790		)
Operating expenses	410			12			32			454
Profit (loss) before tax	$	(1,466	)	$	(1,778	)	$	—		$	(3,244	)
Balances at end of period:
Customer loans (Receivables)	$	44,437		$	(9,435	)	$	(47	)	$	34,955
Assets	52,696			(3,404		)	—			49,292


⁽¹⁾	IFRS Adjustments consist of the accounting differences between U.S. GAAP and IFRSs which have been described more fully above.


⁽²⁾	Represents differences in balance sheet and income statement presentation between U.S. GAAP and IFRSs

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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