XML 74 R12.htm IDEA: XBRL DOCUMENT v3.3.0.814
Allowance for Credit Losses (Notes)
 9 Months Ended
Sep. 30, 2015
Allowance For Credit Losses [Abstract]  
ALLOWANCE FOR CREDIT LOSSES
FINANCIAL SERVICES SECTOR ALLOWANCE FOR CREDIT LOSSES

An analysis of the allowance for credit losses related to finance receivables for the periods ended September 30 was as follows (in millions):
 
Third Quarter 2015
 
First Nine Months 2015
 
Consumer
 
Non-Consumer
 
Total
 
Consumer
 
Non-Consumer
 
Total
Allowance for credit losses
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
322

 
$
13

 
$
335

 
$
305

 
$
16

 
$
321

Charge-offs
(85
)
 
(2
)
 
(87
)
 
(235
)
 
(3
)
 
(238
)
Recoveries
29

 
1

 
30

 
90

 
4

 
94

Provision for credit losses
80

 
2

 
82

 
190

 
(2
)
 
188

Other (a)
(4
)
 
—

 
(4
)
 
(8
)
 
(1
)
 
(9
)
Ending balance (b)
$
342

 
$
14

 
$
356

 
$
342

 
$
14

 
$
356

 
 
 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of allowance for credit losses
Collective impairment allowance
 
 
 
 
 
 
$
323

 
$
12

 
$
335

Specific impairment allowance
 
 
 
 
 
 
19

 
2

 
21

Ending balance (b)
 
 
 
 
 
 
342

 
14

 
356

 
 
 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of finance receivables
 
 
 
 
 
 
Collectively evaluated for impairment
 
 
 
 
 
 
58,749

 
33,071

 
91,820

Specifically evaluated for impairment
 
 
 
 
 
 
375

 
129

 
504

Recorded investment
 
 
 
 
 
 
59,124

 
33,200

 
92,324

 
 
 
 
 
 
 
 
 
 
 
 
Ending balance, net of allowance for credit losses
 
 
 
$
58,782

 
$
33,186

 
$
91,968

__________
(a)
Primarily represents amounts related to translation adjustments.
(b)
Total allowance, including reserves for operating leases, was $403 million.
 
Third Quarter 2014
 
First Nine Months 2014
 
Consumer
 
Non-Consumer
 
Total
 
Consumer
 
Non-Consumer
 
Total
Allowance for credit losses
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
303

 
$
24

 
$
327

 
$
327

 
$
30

 
$
357

Charge-offs
(67
)
 
(2
)
 
(69
)
 
(200
)
 
(7
)
 
(207
)
Recoveries
33

 
2

 
35

 
101

 
8

 
109

Provision for credit losses
42

 
(3
)
 
39

 
82

 
(10
)
 
72

Other (a)
(6
)
 
(1
)
 
(7
)
 
(5
)
 
(1
)
 
(6
)
Ending balance (b)
$
305

 
$
20

 
$
325

 
$
305

 
$
20

 
$
325

 
 
 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of allowance for credit losses
Collective impairment allowance
 
 
 
 
 
 
$
283

 
$
19

 
$
302

Specific impairment allowance
 
 
 
 
 
 
22

 
1

 
23

Ending balance (b)
 
 
 
 
 
 
305

 
20

 
325

 
 
 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of finance receivables
 
 
 
 
 
 
Collectively evaluated for impairment
 
 
 
 
 
 
53,150

 
31,176

 
84,326

Specifically evaluated for impairment
 
 
 
 
 
 
421

 
115

 
536

Recorded investment
 
 
 
 
 
 
53,571

 
31,291

 
84,862

 
 
 
 
 
 
 
 
 
 
 
 
Ending balance, net of allowance for credit losses
 
$
53,266

 
$
31,271

 
$
84,537


__________
(a)
Primarily represents amounts related to translation adjustments.
(b)
Total allowance, including reserves for operating leases, was $356 million.