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Finance Receivables (Tables)
 12 Months Ended
Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Finance Receivables Portfolio
 
December 31, 2018
 
December 31, 2017
Retail finance receivables
 
 
 
Retail finance receivables, collectively evaluated for impairment, net of fees
$
38,354

 
$
30,574

Retail finance receivables, individually evaluated for impairment, net of fees
2,348

 
2,228

Total retail finance receivables, net of fees(a)
40,702

 
32,802

Less: allowance for loan losses - collective
(523
)
 
(561
)
Less: allowance for loan losses - specific
(321
)
 
(328
)
Total retail finance receivables, net
39,858

 
31,913

Commercial finance receivables
 
 
 
Commercial finance receivables, collectively evaluated for impairment, net of fees
12,680

 
10,290

Commercial finance receivables, individually evaluated for impairment, net of fees
41

 
22

Total commercial finance receivables, net of fees(b)
12,721

 
10,312

Less: allowance for loan losses - collective
(63
)
 
(50
)
Less: allowance for loan losses - specific
(4
)
 
(3
)
Total commercial finance receivables, net
12,654

 
10,259

Total finance receivables, net
$
52,512

 
$
42,172

Fair value utilizing Level 2 inputs
$
12,654

 
$
10,259

Fair value utilizing Level 3 inputs
$
39,564

 
$
31,919


________________
(a)
Net of unearned income, unamortized premiums and discounts, and deferred fees and costs of $53 million and $228 million at December 31, 2018 and 2017.
(b)
Net of dealer cash management balances of $922 million and $536 million at December 31, 2018 and 2017.
Allowance for Credit Losses on Financing Receivables
Retail Finance Receivables
Years ended December 31,
 
2018
 
2017
 
2016
Allowance for retail loan losses beginning balance
$
889

 
$
765

 
$
713

Provision for loan losses
624

 
742

 
640

Charge-offs
(1,196
)
 
(1,171
)
 
(1,136
)
Recoveries
536

 
552

 
542

Foreign currency translation
(9
)
 
1

 
6

Allowance for retail loan losses ending balance
$
844

 
$
889

 
$
765
Past Due Financing Receivables
The following is a consolidated summary of the contractual amounts of delinquent retail finance receivables, which is not significantly different than the recorded investment for such receivables. 
 
December 31, 2018
 
December 31, 2017
 
Amount
 
Percent of Contractual Amount Due
 
Amount
 
Percent of Contractual Amount Due
31 - 60 days
$
1,349

 
3.3
%
 
$
1,334

 
4.1
%
Greater than 60 days
547

 
1.4

 
559

 
1.7

Total finance receivables more than 30 days delinquent
1,896

 
4.7

 
1,893

 
5.8

In repossession
44

 
0.1

 
27

 
—

Total finance receivables more than 30 days delinquent or in repossession
$
1,940

 
4.8
%
 
$
1,920

 
5.8
%
Troubled Debt Restructurings on Financing Receivables
The outstanding recorded investment for retail finance receivables that are considered to be TDRs and the related allowance is presented below:
 
December 31, 2018
 
December 31, 2017
Outstanding recorded investment
$
2,348

 
$
2,228

Less: allowance for loan losses
(321
)
 
(328
)
Outstanding recorded investment, net of allowance
$
2,027

 
$
1,900

Unpaid principal balance
$
2,379

 
$
2,266

Additional information about loans classified as TDRs is presented below:
 
Years Ended December 31,
 
2018
 
2017
 
2016
Average outstanding recorded investment
$
2,288

 
$
2,074

 
$
1,766

Finance charge income recognized
$
239

 
$
228

 
$
205

Number of loans classified as TDRs during the period
69,298

 
74,784

 
66,926

Recorded investment of loans classified as TDRs during the period
$
1,267

 
$
1,309

 
$
1,148
Commercial Finance Receivables [Member]  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Financing Receivable Credit Quality Indicators
The following table summarizes the credit risk profile by dealer risk rating of commercial finance receivables: 
 
 
 
December 31, 2018
 
December 31, 2017
 
 
 
Amount
 
Percent
 
Amount
 
Percent
Group I
-
Dealers with superior financial metrics
$
2,192

 
17.2
%
 
$
1,915

 
18.6
%
Group II
-
Dealers with strong financial metrics
4,500

 
35.4

 
3,584

 
34.7

Group III
-
Dealers with fair financial metrics
4,292

 
33.7

 
3,424

 
33.2

Group IV
-
Dealers with weak financial metrics
1,205

 
9.5

 
1,048

 
10.2

Group V
-
Dealers warranting special mention due to elevated risks
449

 
3.5

 
260

 
2.5

Group VI
-
Dealers with loans classified as substandard, doubtful or impaired
83

 
0.7

 
81

 
0.8

Balance at end of period
$
12,721

 
100.0
%
 
$
10,312

 
100.0
%