XML 38 R58.htm IDEA: XBRL DOCUMENT v3.20.1
Credit Card and Student Loan Securitization Activities (Schedule of Restricted Credit Card Securitized Assets) (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Jan. 01, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
[3]
Variable Interest Entity [Line Items]          
Restricted cash $ 1,183   $ 40 $ 44  
Loan receivables 92,963   95,894    
Allowance for credit losses allocated to securitized loan receivables (6,913) [1],[2] $ (5,844) (3,383) [1],[2],[3] $ (3,134) [3] $ (3,041)
Net loan receivables 86,050   92,511    
Other 3,134   2,459    
Total assets 112,657   113,996    
Variable Interest Entity, Primary Beneficiary [Member]          
Variable Interest Entity [Line Items]          
Restricted cash 1,183   40    
Loan receivables 29,436   31,840    
Allowance for credit losses allocated to securitized loan receivables [4] (1,620)   (1,179)    
Other 6   5    
Variable Interest Entity, Primary Beneficiary [Member] | Credit Card Securitization Trusts [Member]          
Variable Interest Entity [Line Items]          
Restricted cash 1,172   28    
Investors' interests held by third-party investors 13,600   14,100    
Investors' interests held by wholly-owned subsidiaries of Discover Bank 4,750   4,796    
Seller's interest 10,799   12,652    
Loan receivables [5] 29,149   31,548    
Allowance for credit losses allocated to securitized loan receivables [5],[6] (1,620)   (1,179)    
Net loan receivables 27,529   30,369    
Other 6   5    
Total assets $ 28,707   $ 30,402    
[1]
Prior to adoption of Accounting Standards Update ("ASU") No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[2]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[3]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[4]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[5]
The Company maintains its allowance for credit losses at an amount sufficient to absorb expected losses inherent in all loan receivables, which includes all loan receivables in the trusts. Therefore, credit risk associated with the transferred receivables is fully reflected on the Company's balance sheet in accordance with GAAP.
[6]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.