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Finance Assets (Tables)
 3 Months Ended
Mar. 31, 2012
Receivables [Abstract]  
Financing Receivables
Finance receivables at March 31, 2012 and December 31, 2011 consisted of the following:
 
March 31, 2012
 
North America
 
International
 
Total
Sales-type lease receivables
 

 
 

 
 

Gross finance receivables
$
1,692,255

 
$
459,242

 
$
2,151,497

Unguaranteed residual values
173,542

 
21,062

 
194,604

Unearned income
(337,164
)
 
(104,739
)
 
(441,903
)
Allowance for credit losses
(24,914
)
 
(11,035
)
 
(35,949
)
Net investment in sales-type lease receivables
1,503,719

 
364,530

 
1,868,249

Loan receivables
 

 
 

 
 

Loan receivables
415,425

 
41,296

 
456,721

Allowance for credit losses
(17,411
)
 
(1,042
)
 
(18,453
)
Net investment in loan receivables
398,014

 
40,254

 
438,268

Net investment in finance receivables
$
1,901,733

 
$
404,784

 
$
2,306,517

 
 
 
 
 
 
 
December 31, 2011
 
North America
 
International
 
Total
Sales-type lease receivables
 

 
 

 
 

Gross finance receivables
$
1,727,653

 
$
460,101

 
$
2,187,754

Unguaranteed residual values
185,450

 
20,443

 
205,893

Unearned income
(348,286
)
 
(102,618
)
 
(450,904
)
Allowance for credit losses
(28,661
)
 
(12,039
)
 
(40,700
)
Net investment in sales-type lease receivables
1,536,156

 
365,887

 
1,902,043

Loan Receivables
 

 
 

 
 

Loan receivables
436,631

 
40,937

 
477,568

Allowance for credit losses
(20,272
)
 
(2,458
)
 
(22,730
)
Net investment in loan receivables
416,359

 
38,479

 
454,838

Net investment in finance receivables
$
1,952,515

 
$
404,366

 
$
2,356,881
Allowance For Credit Losses On Financing Receivables
Activity in the allowance for credit losses for finance receivables for the three months ended March 31, 2012 was as follows:
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
Balance at January 1, 2012
$
28,661

 
$
12,039

 
$
20,272

 
$
2,458

 
$
63,430

Amounts charged to expense
(1,330
)
 
572

 
283

 
(958
)
 
(1,433
)
Accounts written off
(2,417
)
 
(1,576
)
 
(3,144
)
 
(458
)
 
(7,595
)
Balance at March 31, 2012
$
24,914

 
$
11,035

 
$
17,411

 
$
1,042

 
$
54,402
Past Due Financing Receivables
The aging of finance receivables at March 31, 2012 and December 31, 2011 was as follows:
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
March 31, 2012
 

 
 

 
 

 
 

 
 

< 31 days past due
$
1,604,761

 
$
432,790

 
$
394,913

 
$
39,346

 
$
2,471,810

> 30 days and < 61 days
35,892

 
10,495

 
10,542

 
970

 
57,899

> 60 days and < 91 days
25,941

 
6,238

 
4,318

 
509

 
37,006

> 90 days and < 121 days
7,530

 
3,756

 
2,732

 
151

 
14,169

> 120 days
18,131

 
5,963

 
2,920

 
320

 
27,334

Total
$
1,692,255

 
$
459,242

 
$
415,425

 
$
41,296

 
$
2,608,218

Past due amounts > 90 days
 

 
 

 
 

 
 

 
 

Still accruing interest
$
7,530

 
$
3,756

 
$
—

 
$
—

 
$
11,286

Not accruing interest
18,131

 
5,963

 
5,652

 
471

 
30,217

Total
$
25,661

 
$
9,719

 
$
5,652

 
$
471

 
$
41,503

 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
December 31, 2011
 

 
 

 
 

 
 

 
 

< 31 days past due
$
1,641,706

 
$
434,811

 
$
414,434

 
$
38,841

 
$
2,529,792

> 30 days and < 61 days
41,018

 
10,152

 
12,399

 
1,066

 
64,635

> 60 days and < 91 days
24,309

 
5,666

 
4,362

 
425

 
34,762

> 90 days and < 121 days
4,912

 
3,207

 
2,328

 
186

 
10,633

> 120 days
15,708

 
6,265

 
3,108

 
419

 
25,500

Total
$
1,727,653

 
$
460,101

 
$
436,631

 
$
40,937

 
$
2,665,322

Past due amounts > 90 days
 

 
 

 
 

 
 

 
 

Still accruing interest
$
4,912

 
$
3,207

 
$
—

 
$
—

 
$
8,119

Not accruing interest
15,708

 
6,265

 
5,436

 
605

 
28,014

Total
$
20,620

 
$
9,472

 
$
5,436

 
$
605

 
$
36,133
Financing Receivable Credit Quality Indicators
 
March 31,
2012
 
December 31,
2011
Sales-type lease receivables
 

 
 

Risk Level
 

 
 

Low
$
1,037,825

 
$
1,096,676

Medium
504,349

 
473,394

High
55,059

 
58,177

Not Scored
95,022

 
99,406

Total
$
1,692,255

 
$
1,727,653

Loan receivables
 

 
 

Risk Level
 

 
 

Low
$
253,803

 
$
269,547

Medium
136,881

 
115,490

High
18,965

 
21,081

Not Scored
5,776

 
30,513

Total
$
415,425

 
$
436,631
Schedule Of Components Of Leveraged Lease Investments
Our investment in leveraged lease assets consisted of the following:
 
March 31,
2012
 
December 31,
2011
Rental receivables
$
95,737

 
$
810,306

Unguaranteed residual values
14,104

 
13,784

Principal and interest on non-recourse loans
(67,713
)
 
(606,708
)
Unearned income
(9,151
)
 
(79,111
)
Investment in leveraged leases
32,977

 
138,271

Less: deferred taxes related to leveraged leases
(21,233
)
 
(101,255
)
Net investment in leveraged leases
$
11,744

 
$
37,016

The following is a summary of the components of income from leveraged leases:
 
Three Months Ended March 31,
 
2012
 
2011
Pre-tax leveraged lease income
$
793

 
$
1,536

Income tax effect
19

 
(82
)
Income from leveraged leases
$
812

 
$
1,454