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Transfers of Receivables (Tables)
 6 Months Ended
Jun. 30, 2013
Transfers and Servicing [Abstract]  
Schedule of Assets and Liabilities Related to Securitization Transactions [Table Text Block]
The following tables show the assets and debt related to our securitization transactions that were included in our financial statements (in billions):

 
June 30, 2013
 
Cash and Cash Equivalents
 
Finance Receivables and Net Investment in Operating Leases (a)
 
Related Debt
 
Before Allowance
for Credit Losses
 
Allowance for
Credit Losses
 
After Allowance
for Credit Losses
 
VIE (b)
 
 
 
 
 
 
 
 
 
Retail (c)
$
2.1

 
$
24.3

 
$
0.2

 
$
24.1

 
$
21.3

Wholesale
0.3

 
20.8

 
—

 
20.8

 
13.8

Finance receivables
2.4

 
45.1

 
0.2

 
44.9

 
35.1

Net investment in operating leases
0.4

 
6.3

 
—

 
6.3

 
4.3

Total VIE
$
2.8

 
$
51.4

 
$
0.2

 
$
51.2

 
$
39.4

 
 
 
 
 
 
 
 
 
 
Non-VIE
 
 
 
 
 
 
 
 
 
Retail (c)
$
0.2

 
$
2.6

 
$
—

 
$
2.6

 
$
2.4

Wholesale
—

 
1.0

 
—

 
1.0

 
0.9

Finance receivables
0.2

 
3.6

 
—

 
3.6

 
3.3

Net investment in operating leases
—

 
—

 
—

 
—

 
—

Total Non-VIE
$
0.2

 
$
3.6

 
$
—

 
$
3.6

 
$
3.3

 
 
 
 
 
 
 
 
 
 
Total securitization transactions
 
 
 
 
 
 
 
 
 
Retail (c)
$
2.3

 
$
26.9

 
$
0.2

 
$
26.7

 
$
23.7

Wholesale
0.3

 
21.8

 
—

 
21.8

 
14.7

Finance receivables
2.6

 
48.7

 
0.2

 
48.5

 
38.4

Net investment in operating leases
0.4

 
6.3

 
—

 
6.3

 
4.3

Total securitization transactions
$
3.0

 
$
55.0

 
$
0.2

 
$
54.8

 
$
42.7

__________
(a)
Unearned interest supplements are excluded from securitization transactions.
(b)
Includes assets to be used to settle the liabilities of the consolidated VIEs.
(c)
Includes direct financing leases.



NOTE 5. TRANSFERS OF RECEIVABLES (Continued)
 
December 31, 2012
 
Cash and Cash Equivalents
 
Finance Receivables and Net Investment in Operating Leases (a)
 
Related Debt
 
Before Allowance
for Credit Losses
 
Allowance for
Credit Losses
 
After Allowance
for Credit Losses
 
VIE (b)
 
 
 
 
 
 
 
 
 
Retail (c)
$
2.2

 
$
26.9

 
$
0.2

 
$
26.7

 
$
23.2

Wholesale
0.3

 
20.5

 
—

 
20.5

 
12.8

Finance receivables
2.5

 
47.4

 
0.2

 
47.2

 
36.0

Net investment in operating leases
0.4

 
6.3

 
—

 
6.3

 
4.2

Total VIE
$
2.9

 
$
53.7

 
$
0.2

 
$
53.5

 
$
40.2

 
 
 
 
 
 
 
 
 
 
Non-VIE
 
 
 
 
 
 
 
 
 
Retail (c)
$
0.1

 
$
2.4

 
$
—

 
$
2.4

 
$
2.2

Wholesale
—

 
1.1

 
—

 
1.1

 
1.0

Finance receivables
0.1

 
3.5

 
—

 
3.5

 
3.2

Net investment in operating leases
—

 
—

 
—

 
—

 
—

Total Non-VIE
$
0.1

 
$
3.5

 
$
—

 
$
3.5

 
$
3.2

 
 
 
 
 
 
 
 
 
 
Total securitization transactions
 
 
 
 
 
 
 
 
 
Retail (c)
$
2.3

 
$
29.3

 
$
0.2

 
$
29.1

 
$
25.4

Wholesale
0.3

 
21.6

 
—

 
21.6

 
13.8

Finance receivables
2.6

 
50.9

 
0.2

 
50.7

 
39.2

Net investment in operating leases
0.4

 
6.3

 
—

 
6.3

 
4.2

Total securitization transactions
$
3.0

 
$
57.2

 
$
0.2

 
$
57.0

 
$
43.4

__________
(a)
Unearned interest supplements are excluded from securitization transactions.
(b)
Includes assets to be used to settle the liabilities of the consolidated VIEs.
(c)
Includes direct financing leases.
Schedule Of Financial Performance Of Securitization Transactions [Table Text Block]
Interest expense related to securitization debt for the periods ended June 30 was as follows (in millions):
 
Second Quarter
First Half
 
2013
 
2012
 
2013
 
2012
VIE
$
145

 
$
201

 
$
296

 
$
428

Non-VIE
18

 
23

 
35

 
50

Total securitization transactions
$
163

 
$
224

 
$
331

 
$
478
Schedule of Exposures Based on the Fair Value of Derivative Instruments Related to Securitization Programs [Table Text Block]
Our exposures based on the fair value of derivative instruments with external counterparties related to securitization programs were as follows (in millions):
 
June 30, 2013
 
December 31, 2012
 
Derivative
Asset
 
Derivative
Liability
 
Derivative
Asset
 
Derivative
Liability
Derivatives of the VIEs
$
36

 
$
40

 
$
4

 
$
134

Derivatives related to the VIEs
39

 
40

 
74

 
63

Other securitization related derivatives
6

 
8

 
11

 
22

Total exposures related to securitization
$
81

 
$
88

 
$
89

 
$
219
Schedule of Derivative Expense/(Income) Related to Securitization Transactions [Table Text Block]
Derivative expense/(income) related to our securitization transactions for the periods ended June 30 was as follows (in millions):
 
Second Quarter
 
First Half
 
2013
 
2012
 
2013
 
2012
VIEs
$
(1
)
 
$
56

 
$
(93
)
 
$
151

Related to the VIEs
7

 
(27
)
 
10

 
(15
)
Other securitization related derivatives
(2
)
 
6

 
(1
)
 
12

Total derivative expense/(income) related to securitization
$
4

 
$
35

 
$
(84
)
 
$
148