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Cat Financial Financing Activities (Tables)
 9 Months Ended
Sep. 30, 2020
Financing Receivable, Past Due [Line Items]  
Allowance for credit losses and total finance receivables
An analysis of the allowance for credit losses was as follows:
   
 (Millions of dollars)
September 30, 2020
Allowance for Credit Losses:CustomerDealerTotal
Balance at beginning of year$375 $45 $420 
Adjustment to adopt new accounting guidance 1
12 — 12 
Receivables written off(212)— (212)
Recoveries on receivables previously written off27 — 27 
Provision for credit losses213 — 213 
Other(3)— (3)
Balance at end of period$412 $45 $457 
   
Individually evaluated$172 $39 $211 
Collectively evaluated240 6 246 
Ending Balance$412 $45 $457 
Finance Receivables:   
Individually evaluated$612 $78 $690 
Collectively evaluated17,967 2,975 20,942 
Ending Balance$18,579 $3,053 $21,632 
1 See Note 2 regarding new accounting guidance related to credit losses.
   
 (Millions of dollars)
December 31, 2019
Allowance for Credit Losses:CustomerDealerTotal
Balance at beginning of year$486 $21 $507 
Receivables written off(281)— (281)
Recoveries on receivables previously written off44 — 44 
Provision for credit losses138 24 162 
Other(12)— (12)
Balance at end of year$375 $45 $420 
Individually evaluated$178 $39 $217 
Collectively evaluated197 6 203 
Ending Balance$375 $45 $420 
Finance Receivables:   
Individually evaluated$594 $78 $672 
Collectively evaluated18,093 3,632 21,725 
Ending Balance$18,687 $3,710 $22,397 
Aging related to finance receivables
The table below summarizes the aging category of Cat Financial's amortized cost of finance receivables in the Customer portfolio segment by origination year:
      
 (Millions of dollars)September 30, 2020
20202019201820172016PriorRevolving
Finance
Receivables 		Total Finance Receivables
North America      
Current$2,697 $2,711 $1,588 $660 $288 $59 $89 $8,092 
31-60 days past due41 57 39 21 9 3 1 171 
61-90 days past due12 24 21 13 4 1 — 75 
91+ days past due6 29 30 20 8 5 — 98 
EAME
Current903 1,049 684 313 92 28 — 3,069 
31-60 days past due6 9 6 3 1 — — 25 
61-90 days past due4 4 1 — 1 1 — 11 
91+ days past due6 8 13 8 40 43 — 118 
Asia/Pacific
Current1,027 835 403 86 13 5 — 2,369 
31-60 days past due9 24 23 7 1 — — 64 
61-90 days past due3 9 7 4 — — — 23 
91+ days past due3 21 12 2 — — — 38 
Mining
Current315 615 334 180 104 159 160 1,867 
31-60 days past due— — 1 — — — — 1 
61-90 days past due— 1 4 2 — — — 7 
91+ days past due1 11 8 24 — — 1 45 
Latin America
Current402 393 182 64 18 38 — 1,097 
31-60 days past due— 3 3 2 — — — 8 
61-90 days past due1 1 1 1 — — — 4 
91+ days past due— 13 45 25 7 5 — 95 
Caterpillar Power Finance
Current149 232 138 274 97 132 129 1,151 
31-60 days past due— — 18 — — 3 — 21 
61-90 days past due— — — — — — — — 
91+ days past due— — 3 8 29 90 — 130 
Total Customer$5,585 $6,049 $3,564 $1,717 $712 $572 $380 $18,579 
The table below summarizes Cat Financial's recorded investment in finance receivables by aging category.
      
 December 31, 2019
 (Millions of dollars)
31-60
Days
Past Due		61-90
Days
Past Due		91+
Days
Past Due		Total Past
Due		CurrentTotal Finance
Receivables
Customer      
North America$72 $23 $55 $150 $8,002 $8,152 
EAME30 31 141 202 2,882 3,084 
Asia/Pacific40 14 29 83 2,181 2,264 
Mining5 — 19 24 2,266 2,290 
Latin America41 23 80 144 1,089 1,233 
Caterpillar Power Finance10 10 225 245 1,419 1,664 
Dealer      
North America— — — — 2,136 2,136 
EAME— — — — 342 342 
Asia/Pacific— — — — 437 437 
Mining— — — — 4 4 
Latin America— — 78 78 712 790 
Caterpillar Power Finance— — — — 1 1 
Total$198 $101 $627 $926 $21,471 $22,397 
Impaired finance receivables
In Cat Financial’s Customer portfolio segment, impaired finance receivables and the related unpaid principal balances and allowance were as follows: 
 
December 31, 2019
(Millions of dollars)Recorded
Investment		Unpaid
Principal
Balance		Related
Allowance
Impaired Finance Receivables With No Allowance Recorded   
North America$6 $6 $— 
EAME— — — 
Asia/Pacific— — — 
Mining22 22 — 
Latin America8 8 — 
Caterpillar Power Finance58 58 — 
Total$94 $94 $— 
Impaired Finance Receivables With An Allowance Recorded   
North America$30 $30 $11 
EAME61 61 29 
Asia/Pacific8 8 2 
Mining37 36 9 
Latin America58 58 20 
Caterpillar Power Finance306 319 107 
Total$500 $512 $178 
Total Impaired Finance Receivables   
North America$36 $36 $11 
EAME61 61 29 
Asia/Pacific8 8 2 
Mining59 58 9 
Latin America66 66 20 
Caterpillar Power Finance364 377 107 
Total$594 $606 $178 
 Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
(Millions of dollars)Average Recorded
Investment		Interest Income
Recognized		Average Recorded
Investment		Interest Income
Recognized
Impaired Finance Receivables With No Allowance Recorded    
North America$10 $— $10 $— 
EAME15 — 7 — 
Asia/Pacific— — — — 
Mining26 — 29 1 
Latin America22 — 22 1 
Caterpillar Power Finance57 1 53 2 
Total$130 $1 $121 $4 
Impaired Finance Receivables With An Allowance Recorded    
North America$30 $— $36 $1 
EAME80 1 88 2 
Asia/Pacific12 1 9 1 
Mining65 1 49 2 
Latin America69 1 73 4 
Caterpillar Power Finance376 1 422 8 
Total$632 $5 $677 $18 
Total Impaired Finance Receivables    
North America$40 $— $46 $1 
EAME95 1 95 2 
Asia/Pacific12 1 9 1 
Mining91 1 78 3 
Latin America91 1 95 5 
Caterpillar Power Finance433 2 475 10 
Total$762 $6 $798 $22 
Investment in finance receivables on non-accrual status
In Cat Financial's Customer portfolio segment, finance receivables which were on non-accrual status and finance receivables over 90 days past due and still accruing income were as follows:
   
September 30, 2020
 Amortized Cost
 (Millions of dollars)
Non-accrual
With an
Allowance		Non-accrual
Without an
Allowance		91+ Still
Accruing
   
North America$82 $1 $28 
EAME137 — 1 
Asia/Pacific26 — 13 
Mining38 1 10 
Latin America95 2 — 
Caterpillar Power Finance207 17 — 
Total$585 $21 $52 

There was $2 million and $8 million of interest income recognized during the three and nine months ended September 30, 2020 for customer finance receivables on non-accrual status.
 (Millions of dollars)
December 31, 2019
Recorded Investment
Non-accrual Finance Receivables91+ Still Accruing
North America$44 $15 
EAME165 4 
Asia/Pacific21 8 
Mining47 — 
Latin America89 2 
Caterpillar Power Finance361 — 
Total$727 $29 
Finance receivables modified as TDRs Cat Financial’s finance receivables in the Customer portfolio segment modified as TDRs were as follows:
   
 Three Months Ended September 30, 2020Three Months Ended September 30, 2019
  (Dollars in millions)
Number
of
Contracts
Pre-TDR
Amortized Cost		Post-TDR
Amortized Cost		Number
of
Contracts		Pre-TDR
Recorded
Investment		Post-TDR
Recorded
Investment
North America3 $1 $1 4 $— $— 
Asia/Pacific794 4 — — — 
Mining125 5 — — — 
Latin America316 16 — — — 
Caterpillar Power Finance
850 50 4 56 55 
Total105$76 $76 8 $56 $55 
 Nine Months Ended September 30, 2020Nine Months Ended September 30, 2019
 
Number
of
Contracts
Pre-TDR
Amortized Cost		Post-TDR
Amortized Cost
Number
of
Contracts
Pre-TDR
Recorded
Investment		Post-TDR
Recorded
Investment
North America13$10 $10 12 $5 $4 
EAME—— — 19 17 17 
Asia/Pacific(1)
18312 12 — — — 
Mining(2)
5222 22 1 6 6 
Latin America918 18 4 2 2 
Caterpillar Power Finance14 87 87 19 154 152 
Total 
271 $149 $149 55 $184 $181 
(1) During the nine months ended September 30, 2020, 183 contracts with a pre-TDR and post-TDR amortized cost of $12 million were related to seven customers.
(2) During the nine months ended September 30, 2020, 52 contracts with a pre-TDR and post-TDR amortized cost of $22 million were related to three customers.

TDRs in the Customer portfolio segment with a payment default (defined as 91+ days past due) which had been modified within twelve months prior to the default date, were as follows:
   
Three Months Ended September 30, 2020Three Months Ended September 30, 2019
  (Dollars in millions)
Number of
Contracts		Post-TDR
Amortized Cost		Number of
Contracts		Post-TDR
Recorded
Investment
North America1 $6 — $— 
Mining1 1 — — 
Caterpillar Power Finance2 18 — — 
Total4 $25 — $— 
Nine Months Ended September 30, 2020Nine Months Ended September 30, 2019
 Number of
Contracts		Post-TDR
Amortized Cost		Number of
Contracts		Post-TDR
Recorded
Investment
North America2 $6 — $— 
EAME2 10 — — 
Mining1 1 — — 
Latin America3 1 — — 
Caterpillar Power Finance2 18 — — 
Total10 $36 — $—