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Financial Services Allowance for Credit Losses (Notes)
 9 Months Ended
Sep. 30, 2016
Receivables [Abstract]  
FINANCIAL SERVICES ALLOWANCE FOR CREDIT LOSSES
FINANCIAL SERVICES 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 2016
 
First Nine Months 2016
 
Consumer
 
Non-Consumer
 
Total
 
Consumer
 
Non-Consumer
 
Total
Allowance for credit losses
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
432

 
$
17

 
$
449

 
$
357

 
$
16

 
$
373

Charge-offs
(108
)
 
(5
)
 
(113
)
 
(304
)
 
(7
)
 
(311
)
Recoveries
29

 
1

 
30

 
89

 
4

 
93

Provision for credit losses
112

 
1

 
113

 
323

 
1

 
324

Other (a)
(1
)
 
—

 
(1
)
 
(1
)
 
—

 
(1
)
Ending balance (b)
$
464

 
$
14

 
$
478

 
$
464

 
$
14

 
$
478

 
 
 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of allowance for credit losses
Collective impairment allowance
 
 
 
 
 
 
$
445

 
$
12

 
$
457

Specific impairment allowance
 
 
 
 
 
 
19

 
2

 
21

Ending balance (b)
 
 
 
 
 
 
464

 
14

 
478

 
 
 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of finance receivables
 
 
 
 
 
 
Collectively evaluated for impairment
 
 
 
 
 
 
64,743

 
30,393

 
95,136

Specifically evaluated for impairment
 
 
 
 
 
 
366

 
140

 
506

Recorded investment
 
 
 
 
 
 
65,109

 
30,533

 
95,642

 
 
 
 
 
 
 
 
 
 
 
 
Ending balance, net of allowance for credit losses
 
 
 
$
64,645

 
$
30,519

 
$
95,164

__________
(a)
Primarily represents amounts related to translation adjustments.
(b)
Total allowance, including reserves for operating leases, was $541 million.
 
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

 
26,311

 
85,060

Specifically evaluated for impairment
 
 
 
 
 
 
375

 
129

 
504

Recorded investment
 
 
 
 
 
 
59,124

 
26,440

 
85,564

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

 
$
26,426

 
$
85,208


__________
(a)
Primarily represents amounts related to translation adjustments.
(b)
Total allowance, including reserves for operating leases, was $403 million.