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Finance Assets, net (Tables)
6 Months Ended
Jun. 30, 2011
Finance Assets, net  
Schedule of PMCC Leveraged Lease Charge
     Net
Revenues
     Provision for
Income Taxes
    Total  
     (in millions)  

Reduction to cumulative lease earnings

   $ 490       $ (175   $ 315   

Interest on tax underpayments

        312        312   
  

 

 

    

 

 

   

 

 

 

Total

   $ 490       $ 137      $ 627   
  

 

 

    

 

 

   

 

 

 
Schedule of Credit Quality of Investments in Finance Leases
     June 30, 2011      December 31, 2010  
     (in millions)  

Credit Rating by Standard & Poor's/Moody's:

     

"AAA/Aaa" to "A-/A3"

   $ 1,789       $ 2,343   

"BBB+/Baa1" to "BBB-/Baa3"

     1,129         1,148   

"BB+/Ba1" and Lower

     1,153         1,213   
  

 

 

    

 

 

 

Total

   $ 4,071       $ 4,704   
  

 

 

    

 

 

 
Schedule of Allowance for Losses on Finance Assets
     For the Six Months  Ended
June 30,
 
     2011      2010  
     (in millions)  

Balance at beginning of the year

   $ 202       $ 266   

Amounts written-off

        (64

Balance at June 30

   $ 202       $ 202