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Finance Assets (Tables)
 9 Months Ended
Sep. 30, 2012
Receivables [Abstract]  
Financing Receivables
Finance receivables at September 30, 2012 and December 31, 2011 consisted of the following:
 
September 30, 2012
 
North America
 
International
 
Total
Sales-type lease receivables
 

 
 

 
 

Gross finance receivables
$
1,603,444

 
$
456,370

 
$
2,059,814

Unguaranteed residual values
155,999

 
20,733

 
176,732

Unearned income
(317,457
)
 
(105,525
)
 
(422,982
)
Allowance for credit losses
(17,138
)
 
(9,820
)
 
(26,958
)
Net investment in sales-type lease receivables
1,424,848

 
361,758

 
1,786,606

Loan receivables
 

 
 

 
 

Loan receivables
404,099

 
47,848

 
451,947

Allowance for credit losses
(15,477
)
 
(2,188
)
 
(17,665
)
Net investment in loan receivables
388,622

 
45,660

 
434,282

Net investment in finance receivables
$
1,813,470

 
$
407,418

 
$
2,220,888

 
 
 
 
 
 
 
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 nine months ended September 30, 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
1,171

 
1,489

 
4,069

 
703

 
7,432

Accounts written off
(12,694
)
 
(3,708
)
 
(8,864
)
 
(973
)
 
(26,239
)
Balance at September 30, 2012
$
17,138

 
$
9,820

 
$
15,477

 
$
2,188

 
$
44,623
Past Due Financing Receivables
The aging of finance receivables at September 30, 2012 and December 31, 2011 was as follows:
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
September 30, 2012
 

 
 

 
 

 
 

 
 

< 31 days
$
1,520,139

 
$
429,389

 
$
382,897

 
$
42,549

 
$
2,374,974

> 30 days and < 61 days
30,160

 
8,996

 
11,268

 
3,451

 
53,875

> 60 days and < 91 days
29,187

 
5,444

 
4,302

 
1,211

 
40,144

> 90 days and < 121 days
6,441

 
3,118

 
2,280

 
347

 
12,186

> 120 days
17,517

 
9,423

 
3,352

 
290

 
30,582

Total
$
1,603,444

 
$
456,370

 
$
404,099

 
$
47,848

 
$
2,511,761

Past due amounts > 90 days
 

 
 

 
 

 
 

 
 

Still accruing interest
$
6,441

 
$
3,118

 
$
—

 
$
—

 
$
9,559

Not accruing interest
17,517

 
9,423

 
5,632

 
637

 
33,209

Total
$
23,958

 
$
12,541

 
$
5,632

 
$
637

 
$
42,768

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

 
 

 
 

 
 

 
 

< 31 days
$
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
 
September 30,
2012
 
December 31,
2011
Sales-type lease receivables
 

 
 

Risk Level
 

 
 

Low
$
1,070,643

 
$
1,096,676

Medium
416,138

 
473,394

High
50,222

 
58,177

Not Scored
66,441

 
99,406

Total
$
1,603,444

 
$
1,727,653

Loan receivables
 

 
 

Risk Level
 

 
 

Low
$
258,849

 
$
269,547

Medium
126,984

 
115,490

High
15,114

 
21,081

Not Scored
3,152

 
30,513

Total
$
404,099

 
$
436,631
Schedule Of Components Of Leveraged Lease Investments
The following is a summary of the components of income from leveraged leases:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
Pretax leveraged lease income
$
467

 
$
1,457

 
$
1,692

 
$
4,551

Income tax effect
8

 
(641
)
 
33

 
(804
)
Income from leveraged leases
$
475

 
$
816

 
$
1,725

 
$
3,747

Our investment in leveraged lease assets consisted of the following:
 
September 30,
2012
 
December 31,
2011
Rental receivables
$
89,193

 
$
810,306

Unguaranteed residual values
14,312

 
13,784

Principal and interest on non-recourse loans
(60,762
)
 
(606,708
)
Unearned income
(8,370
)
 
(79,111
)
Investment in leveraged leases
34,373

 
138,271

Less: deferred taxes related to leveraged leases
(20,199
)
 
(101,255
)
Net investment in leveraged leases
$
14,174

 
$
37,016