Business Segments (Tables)

3 Months Ended

Mar. 31, 2016

The following table reconciles our segment results on the Group Reporting Basis to the U.S. GAAP consolidated totals:



	Group Reporting Basis Consumer Segment Totals			Group Reporting Basis Adjustments⁽¹⁾			Group Reporting Basis Reclassifications⁽²⁾			U.S. GAAP Consolidated Totals
	(in millions)
Three Months Ended March 31, 2016:
Net interest income	$	220		$	(25	)	$	(13	)	$	182
Other operating income (Total other revenues)	(91		)	(55		)	13			(133		)
Total operating income (loss)	129			(80		)	—			49
Loan impairment charges (Provision for credit losses)	95			(58		)	—			37
Net interest income and other operating income less loan impairment charges	34			(22		)	—			12
Operating expenses	135			3			—			138
Profit (loss) before tax	$	(101	)	$	(25	)	$	—		$	(126	)
Balances at end of period:
Customer loans (Receivables)	$	12,981		$	(4,386	)	$	(22	)	$	8,573
Assets	23,063			(1,399		)	—			21,664

Three Months Ended March 31, 2015
Net interest income	$	281		$	(40	)	$	(57	)	$	184
Other operating income (Total other revenues)	(78		)	(21		)	57			(42		)
Total operating income (loss)	203			(61		)	—			142
Loan impairment charges (Provision for credit losses)	21			6			—			27
Net interest income and other operating income less loan impairment charges	182			(67		)	—			115
Operating expenses	148			—			—			148
Profit (loss) before tax	$	34		$	(67	)	$	—		$	(33	)
Balances at end of period:
Customer loans (Receivables)	$	22,492		$	(735	)	$	(28	)	$	21,729
Assets	32,428			(1,510		)	—			30,918


⁽¹⁾	Group Reporting Basis Adjustments consist of accounting differences between U.S. GAAP and the Group Reporting Basis which have been described in Note 18, "Business Segments," in the 2015 Form 10-K.


⁽²⁾	Represents differences in balance sheet and income statement presentation between U.S. GAAP and the Group Reporting Basis.