Consolidated Income Statement (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Financing revenue
Operating leases	$ 1,120	$ 966
Retail Financing	685	696
Dealer Financing	374	393
Other	18	21
Total financing revenue	2,197	2,076
Depreciation on vehicles subject to operating leases	(816)	(705)
Interest expense	(638)	(666)
Net financing margin	743	705
Other revenue
Insurance premiums earned	31	32
Other income, net (Note 11)	54	51
Total financing margin and other revenue	828	788
Expenses
Operating expenses	272	250
Provision for credit losses (Note 4)	67	31
Insurance expenses	6	8
Total expenses	345	289
Income before income taxes	483	499
Provision for income taxes	177	187
Net income	$ 306	$ 312