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Allowance for Credit Losses
 6 Months Ended
Jun. 30, 2016
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]  
ALLOWANCE FOR CREDIT LOSSES
ALLOWANCE FOR CREDIT LOSSES

An analysis of the allowance for credit losses related to finance receivables and net investment in operating leases for the periods ended June 30 (in millions) was as follows:
 
Second Quarter 2016
 
Finance Receivables
 
Net Investment in Operating Leases
 
Total Allowance
 
Consumer
 
Non-Consumer
 
Total
 
 
Allowance for credit losses
 
 
 
 
 
 
 
 
 
Beginning balance
$
390

 
$
20

 
$
410

 
$
53

 
$
463

Charge-offs
(94
)
 
(3
)
 
(97
)
 
(41
)
 
(138
)
Recoveries
31

 
2

 
33

 
21

 
54

Provision for credit losses
109

 
(1
)
 
108

 
29

 
137

Other (a)
(4
)
 
(1
)
 
(5
)
 
1

 
(4
)
Ending balance
$
432

 
$
17

 
$
449

 
$
63

 
$
512

 
First Half 2016
 
Finance Receivables
 
Net Investment in Operating Leases
 
Total Allowance
 
Consumer
 
Non-Consumer
 
Total
 
 
Allowance for credit losses
 
 
 
 
 
 
 
 
 
Beginning balance
$
357

 
$
16

 
$
373

 
$
49

 
$
422

Charge-offs
(196
)
 
(2
)
 
(198
)
 
(81
)
 
(279
)
Recoveries
60

 
3

 
63

 
40

 
103

Provision for credit losses
211

 
—

 
211

 
54

 
265

Other (a)
—

 
—

 
—

 
1

 
1

Ending balance
$
432

 
$
17

 
$
449

 
$
63

 
$
512

 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of allowance for credit losses
 
 
 
 
 
 
 
 
 
Collective impairment allowance
$
414

 
$
13

 
$
427

 
$
63

 
$
490

Specific impairment allowance
18

 
4

 
22

 
—

 
22

Ending balance
432

 
17

 
449

 
63

 
$
512

 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of finance receivables and net investment in operating leases
 
 
 
 
 
 
 
 
 
Collectively evaluated for impairment
61,819

 
39,474

 
101,293

 
26,824

 
 
Specifically evaluated for impairment
366

 
126

 
492

 
—

 
 
Recorded investment
62,185

 
39,600

 
101,785

 
26,824

 
 
 
 
 
 
 
 
 
 
 
 
Ending balance, net of allowance for credit losses
$
61,753

 
$
39,583

 
$
101,336

 
$
26,761

 
 
__________
(a)
Primarily represents amounts related to translation adjustments.
NOTE 5. ALLOWANCE FOR CREDIT LOSSES (Continued)
 
Second Quarter 2015
 
Finance Receivables
 
Net Investment in Operating Leases
 
Total Allowance
 
Consumer
 
Non-Consumer
 
Total
 
 
Allowance for credit losses
 
 
 
 
 
 
 
 
 
Beginning balance
$
301

 
$
13

 
$
314

 
$
41

 
$
355

Charge-offs
(70
)
 
(2
)
 
(72
)
 
(26
)
 
(98
)
Recoveries
31

 
1

 
32

 
16

 
48

Provision for credit losses
57

 
—

 
57

 
15

 
72

Other (a)
3

 
1

 
4

 
(1
)
 
3

Ending balance
$
322

 
$
13

 
$
335

 
$
45

 
$
380

 
First Half 2015
 
Finance Receivables
 
Net Investment in Operating Leases
 
Total Allowance
 
Consumer
 
Non-Consumer
 
Total
 
 
Allowance for credit losses
 
 
 
 
 
 
 
 
 
Beginning balance
$
305

 
$
16

 
$
321

 
$
38

 
$
359

Charge-offs
(150
)
 
(1
)
 
(151
)
 
(56
)
 
(207
)
Recoveries
61

 
3

 
64

 
31

 
95

Provision for credit losses
110

 
(4
)
 
106

 
33

 
139

Other (a)
(4
)
 
(1
)
 
(5
)
 
(1
)
 
(6
)
Ending balance
$
322

 
$
13

 
$
335

 
$
45

 
$
380

 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of allowance for credit losses
 
 
 
 
 
 
 
 
 
Collective impairment allowance
$
303

 
$
13

 
$
316

 
$
45

 
$
361

Specific impairment allowance
19

 
—

 
19

 
—

 
19

Ending balance
322

 
13

 
335

 
45

 
$
380

 
 
 
 
 
 
 
 
 
 
Analysis of ending balance of finance receivables and net investment in operating leases
 
 
 
 
 
 
 
 
 
Collectively evaluated for impairment
55,527

 
33,845

 
89,372

 
23,428

 
 
Specifically evaluated for impairment
380

 
126

 
506

 
—

 
 
Recorded investment
55,907

 
33,971

 
89,878

 
23,428

 
 
 
 
 
 
 
 
 
 
 
 
Ending balance, net of allowance for credit losses
$
55,585

 
$
33,958

 
$
89,543

 
$
23,383

 
 
__________
(a)
Primarily represents amounts related to translation adjustments.