Segment Information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

We divide our business segments based on geographic regions: North America (“North America Segment”) and International (“International Segment”). The North America Segment includes our operations in the United States and Canada. The International Segment includes our operations in all other countries in which we do business directly and indirectly.

Key operating data for our business segments for the periods ended or at March 31 were as follows (in millions):

					Unallocated/Eliminations
	North America Segment		International Segment		Unallocated Risk Management			Adjustment to Receivables (a)			Total Unallocated/Eliminations			Total
First Quarter 2016
Total revenue (b)	$	2,202	$	413	$	(7	)	$	—		$	(7	)	$	2,608
Income before income taxes	394		127		(7		)	—			(7		)	514
Other disclosures:
Depreciation on vehicles subject to operating leases	1,008		6		—			—			—			1,014
Interest expense	503		143		—			—			—			646
Provision for credit losses	109		19		—			—			—			128
Net finance receivables and net investment in operating leases	105,958		25,872		—			(5,666		)	(5,666		)	126,164
Total assets	116,092		30,082		—			—			—			146,174
First Quarter 2015
Total revenue (b)	$	1,897	$	410	$	(25	)	$	—		$	(25	)	$	2,282
Income before income taxes	379		129		(25		)	—			(25		)	483
Other disclosures:
Depreciation on vehicles subject to operating leases	811		5		—			—			—			816
Interest expense	482		156		—			—			—			638
Provision for credit losses	55		12		—			—			—			67
Net finance receivables and net investment in operating leases	91,203		21,658		—			(4,379		)	(4,379		)	108,482
Total assets	100,692		25,683		—			—			—			126,375

__________

(a) Includes unearned interest supplements and residual support, allowances for credit losses, and other (primarily accumulated supplemental depreciation).

(b) Represents Total financing revenue, Insurance premiums earned, and Other income, net.