XML 44 R75.htm IDEA: XBRL DOCUMENT v2.4.0.8
Credit Loss Reserves - Summarizes Changes in Credit Loss Reserves by Product/Class and Related Receivable Balance by Product (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Sep. 30, 2011
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Allowance for Loan and Lease Losses [Roll Forward]                        
Credit loss reserves at beginning of period       $ 4,607       $ 5,952   $ 4,607 $ 5,952 $ 5,512
Provision for credit losses (152) (160) 267 24 408 [1] 287 738 791 925 (21) 2,224 [2] 4,418 [3]
Charge-offs                   (1,521) [4] (3,021) [4] (4,481)
Recoveries                   200 417 503
Total net charge-offs                   (1,321) (2,604) (3,978)
Other                   8    
Reserves on receivables transferred to held for sale                   0 (965)  
Credit loss reserves at end of period 3,273       4,607         3,273 4,607 5,952
Reserve components:                        
Collectively evaluated for impairment 604       937         604 937 1,252
Individually evaluated for impairment 2,616 [5]       3,533 [5]         2,616 [5] 3,533 [5] 4,266 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 52       132         52 132 425
Receivables acquired with deteriorated credit quality 1       5         1 5 9
Total credit loss reserves 3,273       4,607         3,273 4,607 5,952
Receivables:                        
Collectively evaluated for impairment 14,617       18,426         14,617 18,426 28,876
Individually evaluated for impairment 11,076 [5]       12,388 [5]         11,076 [5] 12,388 [5] 13,058 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 879       2,109         879 2,109 5,937
Receivables acquired with deteriorated credit quality 12       16         12 16 41
Total receivables 26,584       32,939         26,584 32,939 47,912
First Lien [Member]
                       
Allowance for Loan and Lease Losses [Roll Forward]                        
Credit loss reserves at beginning of period       3,867       4,089   3,867 4,089 3,355
Provision for credit losses                   (24) 1,812 [2] 3,227 [3]
Charge-offs                   (1,186) [4] (2,094) [4] (2,527)
Recoveries                   112 60 34
Total net charge-offs                   (1,074) (2,034) (2,493)
Other                   8    
Reserves on receivables transferred to held for sale                   0 0  
Credit loss reserves at end of period 2,777       3,867         2,777 3,867 4,089
Reserve components:                        
Collectively evaluated for impairment 469       722         469 722 632
Individually evaluated for impairment 2,256 [5]       3,010 [5]         2,256 [5] 3,010 [5] 3,026 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 51       131         51 131 423
Receivables acquired with deteriorated credit quality 1       4         1 4 8
Total credit loss reserves 2,777       3,867         2,777 3,867 4,089
Receivables:                        
Collectively evaluated for impairment 12,656       16,012         12,656 16,012 21,660
Individually evaluated for impairment 10,073 [5]       11,233 [5]         10,073 [5] 11,233 [5] 10,693 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 830       2,043         830 2,043 5,847
Receivables acquired with deteriorated credit quality 9       13         9 13 35
Total receivables 23,568       29,301         23,568 29,301 38,235
Second Lien [Member]
                       
Allowance for Loan and Lease Losses [Roll Forward]                        
Credit loss reserves at beginning of period       740       823   740 823 832
Provision for credit losses                   53 397 [2] 758 [3]
Charge-offs                   (335) [4] (538) [4] (827)
Recoveries                   38 58 60
Total net charge-offs                   (297) (480) (767)
Other                   0    
Reserves on receivables transferred to held for sale                   0 0  
Credit loss reserves at end of period 496       740         496 740 823
Reserve components:                        
Collectively evaluated for impairment 135       215         135 215 286
Individually evaluated for impairment 360 [5]       523 [5]         360 [5] 523 [5] 534 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 1       1         1 1 2
Receivables acquired with deteriorated credit quality 0       1         0 1 1
Total credit loss reserves 496       740         496 740 823
Receivables:                        
Collectively evaluated for impairment 1,961       2,414         1,961 2,414 3,358
Individually evaluated for impairment 1,003 [5]       1,155 [5]         1,003 [5] 1,155 [5] 1,024 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 49       66         49 66 90
Receivables acquired with deteriorated credit quality 3       3         3 3 6
Total receivables 3,016       3,638         3,016 3,638 4,478
Personal non-credit card [Member]
                       
Allowance for Loan and Lease Losses [Roll Forward]                        
Credit loss reserves at beginning of period       0       1,040   0 1,040 1,325
Provision for credit losses                   (50) 15 [2] 433 [3]
Charge-offs                   0 [4] (389) [4] (1,127)
Recoveries                   50 299 409
Total net charge-offs                   50 (90) (718)
Other                   0    
Reserves on receivables transferred to held for sale                   0 (965)  
Credit loss reserves at end of period 0       0         0 0 1,040
Reserve components:                        
Collectively evaluated for impairment 0       0         0 0 334
Individually evaluated for impairment 0 [5]       0 [5]         0 [5] 0 [5] 706 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 0       0         0 0 0
Receivables acquired with deteriorated credit quality 0       0         0 0 0
Total credit loss reserves 0       0         0 0 1,040
Receivables:                        
Collectively evaluated for impairment 0       0         0 0 3,855
Individually evaluated for impairment 0 [5]       0 [5]         0 [5] 0 [5] 1,341 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 0       0         0 0 0
Receivables acquired with deteriorated credit quality 0       0         0 0 0
Total receivables 0       0         0 0 5,196
Other [Member]
                       
Allowance for Loan and Lease Losses [Roll Forward]                        
Credit loss reserves at beginning of period       0       0   0 0 0
Provision for credit losses                   0 0 [2] 0 [3]
Charge-offs                   0 [4] 0 [4] 0
Recoveries                   0 0 0
Total net charge-offs                   0 0 0
Reserves on receivables transferred to held for sale                   0 0  
Credit loss reserves at end of period 0       0         0 0 0
Reserve components:                        
Collectively evaluated for impairment 0       0         0 0 0
Individually evaluated for impairment 0 [5]       0 [5]         0 [5] 0 [5] 0 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 0       0         0 0 0
Receivables acquired with deteriorated credit quality 0       0         0 0 0
Total credit loss reserves 0       0         0 0 0
Receivables:                        
Collectively evaluated for impairment 0       0         0 0 3
Individually evaluated for impairment 0 [5]       0 [5]         0 [5] 0 [5] 0 [5]
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell 0       0         0 0 0
Receivables acquired with deteriorated credit quality 0       0         0 0 0
Total receivables 0       0         0 0 3
Provision for Loan and Lease Losses [Member]
                       
Financing Receivable, Allowance for Credit Losses [Line Items]                        
Lower On Adjustment Held For Sale Related To Credit                     (112)  
Provision for Loan and Lease Losses [Member] | Fair Value [Member]
                       
Financing Receivable, Allowance for Credit Losses [Line Items]                        
Lower On Adjustment Held For Sale Related To Credit                     $ (112)  
[1] The provision for credit losses during the fourth quarter of 2012 included $350 million related to changes in the loss emergence period used in our roll rate migration analysis. See Note 6, "Credit Loss Reserves," in the accompanying consolidated financial statements for further discussion of the adoption of this new accounting guidance.
[2] Provision for credit losses during 2012 includes $112 million related to the lower of amortized cost or fair value attributable to credit for personal non-credit card receivables transferred to held for sale at June 30, 2012. See Note 7, "Receivables Held for Sale," for additional information.
[3] Provision for credit losses for 2011 includes $925 million related to the adoption of new accounting guidance for TDR Loans in the third quarter of 2011 as discussed more fully in Note 5, "Receivables."
[4] For collateral dependent receivables that are transferred to held for sale, existing credit loss reserves at the time of transfer are recognized as a charge-off. We transferred to held for sale certain real estate secured receivables during 2013 and 2012 that were carried at the lower of amortized cost or fair value of the collateral less cost to sell and recognized the existing credit loss reserves on these receivables as additional charge-off totaling $164 million during 2013 and $333 million during 2012.
[5] These amounts represent TDR Loans for which we evaluate reserves using a discounted cash flow methodology. Each loan is individually identified as a TDR Loan and then grouped together with other TDR Loans with similar characteristics. The discounted cash flow impairment analysis is then applied to these groups of TDR Loans. The receivable balance above excludes TDR Loans that are carried at the lower of amortized cost or fair value of the collateral less cost to sell which totaled $604 million, $1,488 million and $2,526 million at December 31, 2013, December 31, 2012 and December 31, 2011, respectively. The reserve component above excludes credit loss reserves for TDR Loans that are carried at the lower of amortized cost or fair value of the collateral less cost to sell which totaled $38 million, $94 million and $143 million at December 31, 2013, December 31, 2012 and December 31, 2011, respectively. These credit loss reserves are reflected within receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell in the table above.