XML 85 R72.htm IDEA: XBRL DOCUMENT v3.3.1.900
Credit Loss Reserves - Summarizes Changes in Credit Loss Reserves by Product/Class and Related Receivable Balance by Product (Detail) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Allowance for Loan and Lease Losses [Roll Forward]                            
Credit loss reserves at beginning of period       $ 2,217       $ 3,273 $ 2,217 $ 3,273 $ 4,607      
Provision for credit losses $ 13 $ 18 $ 192 27 $ (127) $ (43) $ (197) 2 250 [1] (365) (21)      
Charge-offs [2]                 (2,181) [1] (854) (1,521)      
Recoveries                 25 161 200      
Total net charge-offs                 (2,156) (693) (1,321)      
Other                   2        
Credit loss reserves at end of period 311       2,217       311 2,217 3,273      
Reserve components:                            
Collectively evaluated for impairment                       $ 79 $ 226 $ 604
Individually evaluated for impairment [3]                       220 1,957 2,616
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       12 33 52
Receivables acquired with deteriorated credit quality                       311 2,217  
Total credit loss reserves 311     2,217 2,217     3,273 2,217 3,273 4,607 311 2,217 3,273
Receivables:                            
Collectively evaluated for impairment                       7,553 11,937 14,617
Individually evaluated for impairment [3]                       1,272 10,028 11,076
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       326 693 879
Total receivables                       9,156 22,670 26,584
Allowance For Loan And Lease Losses, Charge Offs Upon Transfer To Held For Sale                     8      
First lien [Member]                            
Allowance for Loan and Lease Losses [Roll Forward]                            
Credit loss reserves at beginning of period       1,898       2,777 1,898 2,777 3,867      
Provision for credit losses                 223 [1] (308) (24)      
Charge-offs [2]                 (2,004) [1] (657) (1,186)      
Recoveries                 20 84 112      
Total net charge-offs                 (1,984) (573) (1,074)      
Other                   2        
Credit loss reserves at end of period 137       1,898       137 1,898 2,777      
Reserve components:                            
Collectively evaluated for impairment                       40 152 469
Individually evaluated for impairment [3]                       85 1,713 2,256
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       12 32 51
Total credit loss reserves 137     1,898 1,898     2,777 1,898 2,777 3,867 137 1,898 2,777
Receivables:                            
Collectively evaluated for impairment                       6,359 10,346 12,656
Individually evaluated for impairment [3]                       640 9,133 10,073
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       299 664 830
Total receivables                       7,302 20,153 23,568
Allowance For Loan And Lease Losses, Charge Offs Upon Transfer To Held For Sale                     8      
Second lien [Member]                            
Allowance for Loan and Lease Losses [Roll Forward]                            
Credit loss reserves at beginning of period       319       496 319 496 740      
Provision for credit losses                 27 [1] (39) 53      
Charge-offs [2]                 (177) [1] (197) (335)      
Recoveries                 5 59 38      
Total net charge-offs                 (172) (138) (297)      
Other                   0        
Credit loss reserves at end of period 174       319       174 319 496      
Reserve components:                            
Collectively evaluated for impairment                       39 74 135
Individually evaluated for impairment [3]                       135 244 360
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       0 1 1
Total credit loss reserves 174     319 319     496 319 496 740 174 319 496
Receivables:                            
Collectively evaluated for impairment                       1,194 1,591 1,961
Individually evaluated for impairment [3]                       632 895 1,003
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       27 29 49
Total receivables                       1,854 2,517 3,016
Allowance For Loan And Lease Losses, Charge Offs Upon Transfer To Held For Sale                     0      
Personal non-credit card [Member]                            
Allowance for Loan and Lease Losses [Roll Forward]                            
Credit loss reserves at beginning of period       0       0 0 0 0      
Provision for credit losses                 0 [1] (18) (50)      
Charge-offs [2]                 0 [1] 0 0      
Recoveries                 0 18 50      
Total net charge-offs                 0 18 50      
Other                   0        
Credit loss reserves at end of period 0       0       0 0 0      
Reserve components:                            
Collectively evaluated for impairment                       0 0 0
Individually evaluated for impairment [3]                       0 0 0
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       0 0 0
Total credit loss reserves $ 0     $ 0 $ 0     $ 0 $ 0 $ 0 0 0 0 0
Receivables:                            
Collectively evaluated for impairment                       0 0 0
Individually evaluated for impairment [3]                       0 0 0
Receivables carried at the lower of amortized cost or fair value of the collateral less cost to sell                       0 0 0
Total receivables                       0 0 0
Allowance For Loan And Lease Losses, Charge Offs Upon Transfer To Held For Sale                     $ 0      
Receivables Acquired with Deteriorated Credit Quality [Member]                            
Reserve components:                            
Receivables acquired with deteriorated credit quality                       0 1 1
Receivables:                            
Receivables acquired with deteriorated credit quality                       5 12 12
Receivables Acquired with Deteriorated Credit Quality [Member] | First lien [Member]                            
Reserve components:                            
Receivables acquired with deteriorated credit quality                       0 1 1
Receivables:                            
Receivables acquired with deteriorated credit quality                       4 10 9
Receivables Acquired with Deteriorated Credit Quality [Member] | Second lien [Member]                            
Reserve components:                            
Receivables acquired with deteriorated credit quality                       0 0 0
Receivables:                            
Receivables acquired with deteriorated credit quality                       1 2 3
Receivables Acquired with Deteriorated Credit Quality [Member] | Personal non-credit card [Member]                            
Reserve components:                            
Receivables acquired with deteriorated credit quality                       0 0 0
Receivables:                            
Receivables acquired with deteriorated credit quality                       $ 0 $ 0 $ 0
[1] The provision for credit losses and charge-offs for real estate secured receivables during the year ended December 31, 2015 includes $234 million related to the lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 7, "Receivables Held for Sale," for additional information. The provision for credit losses for real estate secured receivables during the year ended December 31, 2015 was impacted by a release of approximately $19 million associated with an out of period adjustment to our credit loss reserve calculation for a segment of our portfolio.
[2] For collateral dependent receivables that are transferred to held for sale, existing credit loss reserves at the time of transfer are recognized as a charge-off. We transferred to held for sale certain real estate secured receivables during the years ended December 31, 2015, 2014 and 2013 and, accordingly, we recognized the existing credit loss reserves on these receivables as additional charge-off totaling $1,622 million during the year ended December 31, 2015 compared with $58 million and $164 million during the years ended December 31, 2014 and 2013, respectively.
[3] These amounts represent TDR Loans for which we evaluate reserves using a discounted cash flow methodology. Each loan is individually identified as a TDR Loan and then grouped together with other TDR Loans with similar characteristics. The discounted cash flow impairment analysis is then applied to these groups of TDR Loans. The receivable balance above excludes TDR Loans that are carried at the lower of amortized cost or fair value of the collateral less cost to sell which totaled $250 million, $517 million and $604 million at December 31, 2015, 2014 and 2013, respectively. The reserve component above excludes credit loss reserves totaling $10 million, $25 million and $38 million at December 31, 2015, 2014 and 2013, respectively, for TDR Loans that are carried at the lower of amortized cost or fair value of the collateral less cost to sell. These receivables and credit loss reserves are reflected within receivables and credit loss reserves carried at the lower of amortized cost or fair value of the collateral less cost to sell in the table above.