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Finance Assets (Tables)
 3 Months Ended
Mar. 31, 2013
Receivables [Abstract]  
Financing Receivables
Finance receivables at March 31, 2013 and December 31, 2012 consisted of the following:
 
March 31, 2013
 
North America
 
International
 
Total
Sales-type lease receivables
 

 
 

 
 

Gross finance receivables
$
1,527,074

 
$
435,822

 
$
1,962,896

Unguaranteed residual values
139,759

 
20,190

 
159,949

Unearned income
(307,448
)
 
(98,744
)
 
(406,192
)
Allowance for credit losses
(15,572
)
 
(7,767
)
 
(23,339
)
Net investment in sales-type lease receivables
1,343,813

 
349,501

 
1,693,314

Loan receivables
 

 
 

 
 

Loan receivables
393,283

 
44,171

 
437,454

Allowance for credit losses
(11,829
)
 
(1,812
)
 
(13,641
)
Net investment in loan receivables
381,454

 
42,359

 
423,813

Net investment in finance receivables
$
1,725,267

 
$
391,860

 
$
2,117,127

 
 
 
 
 
 
 
December 31, 2012
 
North America
 
International
 
Total
Sales-type lease receivables
 

 
 

 
 

Gross finance receivables
$
1,581,711

 
$
461,510

 
$
2,043,221

Unguaranteed residual values
148,664

 
21,025

 
169,689

Unearned income
(316,030
)
 
(104,258
)
 
(420,288
)
Allowance for credit losses
(16,979
)
 
(8,662
)
 
(25,641
)
Net investment in sales-type lease receivables
1,397,366

 
369,615

 
1,766,981

Loan receivables
 

 
 

 
 

Loan receivables
414,960

 
47,293

 
462,253

Allowance for credit losses
(12,322
)
 
(2,131
)
 
(14,453
)
Net investment in loan receivables
402,638

 
45,162

 
447,800

Net investment in finance receivables
$
1,800,004

 
$
414,777

 
$
2,214,781
Allowance For Credit Losses On Financing Receivables
Activity in the allowance for credit losses for finance receivables for the three months ended March 31, 2013 was as follows:
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
Balance at January 1, 2013
$
16,979

 
$
8,662

 
$
12,322

 
$
2,131

 
$
40,094

Amounts charged to expense
1,067

 
360

 
2,462

 
70

 
3,959

Accounts written off
(2,474
)
 
(1,255
)
 
(2,955
)
 
(389
)
 
(7,073
)
Balance at March 31, 2013
$
15,572

 
$
7,767

 
$
11,829

 
$
1,812

 
$
36,980
Past Due Financing Receivables
The aging of gross finance receivables at March 31, 2013 and December 31, 2012 was as follows:
 
March 31, 2013
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
< 31 days
$
1,445,912

 
$
399,412

 
$
375,470

 
$
42,329

 
$
2,263,123

> 30 days and < 61 days
36,003

 
13,952

 
9,602

 
1,126

 
60,683

> 60 days and < 91 days
22,693

 
11,824

 
3,647

 
341

 
38,505

> 90 days and < 121 days
6,143

 
3,735

 
1,845

 
187

 
11,910

> 120 days
16,323

 
6,899

 
2,719

 
188

 
26,129

Total
$
1,527,074

 
$
435,822

 
$
393,283

 
$
44,171

 
$
2,400,350

Past due amounts > 90 days
 

 
 

 
 

 
 

 
 

Still accruing interest
$
6,143

 
$
3,735

 
$
—

 
$
—

 
$
9,878

Not accruing interest
16,323

 
6,899

 
4,564

 
375

 
28,161

Total
$
22,466

 
$
10,634

 
$
4,564

 
$
375

 
$
38,039


 
December 31, 2012
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
< 31 days
$
1,497,797

 
$
435,780

 
$
392,108

 
$
45,324

 
$
2,371,009

> 30 days and < 61 days
37,348

 
9,994

 
12,666

 
1,368

 
61,376

> 60 days and < 91 days
24,059

 
5,198

 
4,577

 
285

 
34,119

> 90 days and < 121 days
6,665

 
3,327

 
2,319

 
179

 
12,490

> 120 days
15,842

 
7,211

 
3,290

 
137

 
26,480

Total
$
1,581,711

 
$
461,510

 
$
414,960

 
$
47,293

 
$
2,505,474

Past due amounts > 90 days
 

 
 

 
 

 
 

 
 

Still accruing interest
$
6,665

 
$
3,327

 
$
—

 
$
—

 
$
9,992

Not accruing interest
15,842

 
7,211

 
5,609

 
316

 
28,978

Total
$
22,507

 
$
10,538

 
$
5,609

 
$
316

 
$
38,970
Financing Receivable Credit Quality Indicators
 
March 31,
2013
 
December 31,
2012
Sales-type lease receivables
 

 
 

Low
$
1,030,809

 
$
1,016,413

Medium
397,721

 
450,432

High
45,669

 
43,658

Not Scored
52,875

 
71,208

Total
$
1,527,074

 
$
1,581,711

Loan receivables
 

 
 

Low
$
248,494

 
$
254,567

Medium
127,599

 
136,069

High
13,786

 
14,624

Not Scored
3,404

 
9,700

Total
$
393,283

 
$
414,960
Schedule Of Components Of Leveraged Lease Investments
Our investment in leveraged lease assets at March 31, 2013 and December 31, 2012 consisted of the following:
 
March 31,
2013
 
December 31,
2012
Rental receivables
$
78,287

 
$
83,254

Unguaranteed residual values
13,841

 
14,177

Principal and interest on non-recourse loans
(50,802
)
 
(55,092
)
Unearned income
(7,090
)
 
(7,793
)
Investment in leveraged leases
34,236

 
34,546

Less: deferred taxes related to leveraged leases
(18,234
)
 
(19,372
)
Net investment in leveraged leases
$
16,002

 
$
15,174