ALLOWANCE FOR CREDIT LOSSES (Tables)

6 Months Ended

Jun. 30, 2022

ALLOWANCE FOR CREDIT LOSSES

Schedule of Company's Allowance for loan loss

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
(Millions)
Beginning balance	$	1,826	$	1,843	$	1,832	$	2,008
Provision for credit losses (1)		404		(14)		598		19
Net principal losses (2)		(238)		(194)		(438)		(392)
Ending balance	$	1,992	$	1,635	$	1,992	$	1,635

(1) Provision for credit losses includes a build/release for the allowance, as well as replenishment of Net principal losses.

(2) Principal losses are presented net of recoveries of $36 million and $41 million for the three months ended June 30, 2022 and 2021, respectively, and $79 million and $92 million for the six months ended June 30, 2022 and 2021, respectively.