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Transfers of Receivables (Tables)
 6 Months Ended
Jun. 30, 2020
Transfers and Servicing [Abstract]  
Schedule of Assets and Liabilities Related to Securitization Transactions [Table Text Block]
Most of these securitization transactions utilize VIEs. The following tables show the assets and debt related to our securitization transactions that were included in our financial statements (in billions):

 
December 31, 2019
 
Cash and Cash Equivalents
 
Finance Receivables and Net Investment in Operating Leases (a)
 
Related Debt
(c)
 
Before Allowance
for Credit Losses
 
Allowance for
Credit Losses
 
After Allowance
for Credit Losses
 
VIE (b)
 
 
 
 
 
 
 
 
 
Retail financing
$
1.8

 
$
32.6

 
$
0.2

 
$
32.4

 
$
28.0

Wholesale financing
0.9

 
26.1

 
—

 
26.1

 
13.4

Finance receivables
2.7

 
58.7

 
0.2

 
58.5

 
41.4

Net investment in operating leases
0.5

 
14.9

 
—

 
14.9

 
9.5

Total VIE
$
3.2

 
$
73.6

 
$
0.2

 
$
73.4

 
$
50.9

 
 
 
 
 
 
 
 
 
 
Non-VIE
 
 
 
 
 
 
 
 
 
Retail financing
$
0.3

 
$
5.7

 
$
—

 
$
5.7

 
$
5.1

Wholesale financing
—

 
0.7

 
—

 
0.7

 
0.6

Finance receivables
0.3

 
6.4

 
—

 
6.4

 
5.7

Net investment in operating leases
—

 
—

 
—

 
—

 
—

Total Non-VIE
$
0.3

 
$
6.4

 
$
—

 
$
6.4

 
$
5.7

 
 
 
 
 
 
 
 
 
 
Total securitization transactions
 
 
 
 
 
 
 
 
 
Retail financing
$
2.1

 
$
38.3

 
$
0.2

 
$
38.1

 
$
33.1

Wholesale financing
0.9

 
26.8

 
—

 
26.8

 
14.0

Finance receivables
3.0

 
65.1

 
0.2

 
64.9

 
47.1

Net investment in operating leases
0.5

 
14.9

 
—

 
14.9

 
9.5

Total securitization transactions
$
3.5

 
$
80.0

 
$
0.2

 
$
79.8

 
$
56.6

__________
(a)
Unearned interest supplements and residual support are excluded from securitization transactions.
(b)
Includes assets to be used to settle the liabilities of the consolidated VIEs.
(c)
Includes unamortized discount and debt issuance costs.


NOTE 6. TRANSFERS OF RECEIVABLES AND VARIABLE INTEREST ENTITIES (Continued)

 
June 30, 2020
 
Cash and Cash Equivalents
 
Finance Receivables and Net Investment in Operating Leases (a)
 
Related Debt
(c)
 
Before Allowance
for Credit Losses
 
Allowance for
Credit Losses
 
After Allowance
for Credit Losses
 
VIE (b)
 
 
 
 
 
 
 
 
 
Retail financing
$
1.8

 
$
33.0

 
$
0.4

 
$
32.6

 
$
26.2

Wholesale financing
0.7

 
17.2

 
—

 
17.2

 
10.4

Finance receivables
2.5

 
50.2

 
0.4

 
49.8

 
36.6

Net investment in operating leases
0.7

 
14.5

 
—

 
14.5

 
9.3

Total VIE
$
3.2

 
$
64.7

 
$
0.4

 
$
64.3

 
$
45.9

 
 
 
 
 
 
 
 
 
 
Non-VIE
 
 
 
 
 
 
 
 
 
Retail financing
$
0.4

 
$
9.1

 
$
0.1

 
$
9.0

 
$
8.3

Wholesale financing
—

 
0.6

 
—

 
0.6

 
0.3

Finance receivables
0.4

 
9.7

 
0.1

 
9.6

 
8.6

Net investment in operating leases
—

 
—

 
—

 
—

 
—

Total Non-VIE
$
0.4

 
$
9.7

 
$
0.1

 
$
9.6

 
$
8.6

 
 
 
 
 
 
 
 
 
 
Total securitization transactions
 
 
 
 
 
 
 
 
 
Retail financing
$
2.2

 
$
42.1

 
$
0.5

 
$
41.6

 
$
34.5

Wholesale financing
0.7

 
17.8

 
—

 
17.8

 
10.7

Finance receivables
2.9

 
59.9

 
0.5

 
59.4

 
45.2

Net investment in operating leases
0.7

 
14.5

 
—

 
14.5

 
9.3

Total securitization transactions
$
3.6

 
$
74.4

 
$
0.5

 
$
73.9

 
$
54.5

__________
(a)
Unearned interest supplements and residual support are excluded from securitization transactions.
(b)
Includes assets to be used to settle the liabilities of the consolidated VIEs.
(c)
Includes unamortized discount and debt issuance cost.