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VARIABLE INTEREST ENTITIES AND PREFERRED SECURITIES OF SUBSIDIARIES Activity Between Company and Entities (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
2015 Financing Entities        
Variable Interest Entity [Line Items]        
Revenue [1] $ 24 $ 24 $ 71 $ 71
Expense [1] 32 32 96 96
Cash receipts [2] 48 48 95 95
Cash payments [3] 64 64 128 128
2007 Financing Entities        
Variable Interest Entity [Line Items]        
Revenue [4] 19 19 61 52
Expense [5] 19 18 60 48
Cash receipts [6] 16 15 48 34
Cash payments [7] $ 17 $ 16 $ 53 $ 40
[1]
The revenue and expense are included in Interest expense, net in the accompanying statement of operations.
[2] The cash receipts are interest received on the Financial assets of special purpose entities.
[3]
The cash payments represent interest paid on Nonrecourse financial liabilities of special purpose entities.
[4]
The revenue is included in Interest expense, net in the accompanying statement of operations and includes approximately $5 million and $14 million for three and nine months ended September 30, 2019 and 2018, respectively, of accretion income for the amortization of the basis difference adjustment on the Financial assets of special purpose entities.
[5]
The expense is included in Interest expense, net in the accompanying statement of operations and includes approximately $2 million and $5 million for the three and nine months ended September 30, 2019 and 2018, respectively, of accretion expense for the amortization of the basis difference adjustment on the Nonrecourse financial liabilities of special purpose entities.
[6]
The cash receipts are interest received on the Financial assets of special purpose entities.
[7]
The cash payments are interest paid on Nonrecourse financial liabilities of special purpose entities.