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Equity in Net Assets of Non-consolidated Affiliates
 6 Months Ended
Jun. 30, 2022
Noncontrolling Interest [Abstract]  
Equity in Net Assets of Non-consolidated Affiliates Equity in Net Assets of Non-consolidated Affiliates
We use the equity method to account for our equity interest in joint ventures. The income of these joint ventures is not consolidated into our financial statements; rather, our proportionate share of the earnings is reflected as equity income.
There have been no ownership changes in our joint ventures since December 31, 2021. The following table presents certain aggregated operating data of our joint ventures:
Three Months Ended June 30,Six Months Ended June 30,
Summarized Operating Data2022202120222021
Finance charge income$424 $418 $875 $848 
Income before income taxes$190 $191 $396 $394 
Net income$143 $143 $297 $296 
In June 2022, we received the remaining dividend payment of $26 million from SAIC-GMAC Automotive Finance Company Limited declared in 2021, and reinvested it in SAIC-GMF Leasing Co. Ltd.
At June 30, 2022 and December 31, 2021, we had undistributed earnings of $845 million and $740 million related to our non-consolidated affiliates.