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Transfers of Receivables (Tables)
 12 Months Ended
Dec. 31, 2016
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 at December 31 (in billions):

 
2015
 
Cash and Cash Equivalents
 
Finance Receivables and Net Investment in Operating Leases (a)
 
Related Debt
(c)
 
Before Allowance
for Credit Losses
 
Allowance for
Credit Losses
 
After Allowance
for Credit Losses
 
VIE (b)
 
 
 
 
 
 
 
 
 
Retail financing
$
1.4

 
$
20.9

 
$
0.1

 
$
20.8

 
$
18.9

Wholesale financing
2.0

 
25.1

 
—

 
25.1

 
15.3

Finance receivables
3.4

 
46.0

 
0.1

 
45.9

 
34.2

Net investment in operating leases
0.5

 
13.3

 
—

 
13.3

 
8.9

Total VIE
$
3.9

 
$
59.3

 
$
0.1

 
$
59.2

 
$
43.1

 
 
 
 
 
 
 
 
 
 
Non-VIE
 
 
 
 
 
 
 
 
 
Retail financing
$
0.4

 
$
6.7

 
$
—

 
$
6.7

 
$
6.1

Wholesale financing
—

 
1.0

 
—

 
1.0

 
0.8

Finance receivables
$
0.4

 
$
7.7

 
$
—

 
$
7.7

 
$
6.9

Net investment in operating leases
—

 
—

 
—

 
—

 
—

Total Non-VIE
$
0.4

 
$
7.7

 
$
—

 
$
7.7

 
$
6.9

 
 
 
 
 
 
 
 
 
 
Total securitization transactions
 
 
 
 
 
 
 
 
 
Retail financing
$
1.8

 
$
27.6

 
$
0.1

 
$
27.5

 
$
25.0

Wholesale financing
2.0

 
26.1

 
—

 
26.1

 
16.1

Finance receivables
$
3.8

 
$
53.7

 
$
0.1

 
$
53.6

 
$
41.1

Net investment in operating leases
0.5

 
13.3

 
—

 
13.3

 
8.9

Total securitization transactions
$
4.3

 
$
67.0

 
$
0.1

 
$
66.9

 
$
50.0

__________
(a)
Unearned interest supplements and residual support are excluded from securitization transactions.
(b)
Includes assets to be used to settle the liabilities of the consolidated VIEs.
(c)
Includes unamortized discount and debt issuance costs.



NOTE 7. TRANSFERS OF RECEIVABLES (Continued)

 
2016
 
Cash and Cash Equivalents
 
Finance Receivables and Net Investment in Operating Leases (a)
 
Related Debt
(c)
 
Before Allowance
for Credit Losses
 
Allowance for
Credit Losses
 
After Allowance
for Credit Losses
 
VIE (b)
 
 
 
 
 
 
 
 
 
Retail financing
$
1.5

 
$
25.9

 
$
0.2

 
$
25.7

 
$
22.7

Wholesale financing
1.0

 
25.2

 
—

 
25.2

 
13.6

Finance receivables
2.5

 
51.1

 
0.2

 
50.9

 
36.3

Net investment in operating leases
0.5

 
11.8

 
—

 
11.8

 
7.4

Total VIE
$
3.0

 
$
62.9

 
$
0.2

 
$
62.7

 
$
43.7

 
 
 
 
 
 
 
 
 
 
Non-VIE
 
 
 
 
 
 
 
 
 
Retail financing
$
0.4

 
$
6.6

 
$
—

 
$
6.6

 
$
6.1

Wholesale financing
—

 
0.8

 
—

 
0.8

 
0.6

Finance receivables
0.4

 
7.4

 
—

 
7.4

 
6.7

Net investment in operating leases
—

 
—

 
—

 
—

 
—

Total Non-VIE
$
0.4

 
$
7.4

 
$
—

 
$
7.4

 
$
6.7

 
 
 
 
 
 
 
 
 
 
Total securitization transactions
 
 
 
 
 
 
 
 
 
Retail financing
$
1.9

 
$
32.5

 
$
0.2

 
$
32.3

 
$
28.8

Wholesale financing
1.0

 
26.0

 
—

 
26.0

 
14.2

Finance receivables
2.9

 
58.5

 
0.2

 
58.3

 
43.0

Net investment in operating leases
0.5

 
11.8

 
—

 
11.8

 
7.4

Total securitization transactions
$
3.4

 
$
70.3

 
$
0.2

 
$
70.1

 
$
50.4

__________
(a)
Unearned interest supplements and residual support are excluded from securitization transactions.
(b)
Includes assets to be used to settle the liabilities of the consolidated VIEs.
(c)
Includes unamortized discount and debt issuance costs.
Schedule Of Interest Expense related to Securitization Transactions [Table Text Block]
Interest expense related to securitization debt for the years ended December 31 was as follows (in millions):
 
2014
 
2015
 
2016
VIE
$
504

 
$
541

 
$
671

Non-VIE
91

 
89

 
102

Total securitization transactions
$
595

 
$
630

 
$
773
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 at December 31 were as follows (in millions):
 
2015
 
2016
 
Derivative
Asset
 
Derivative
Liability
 
Derivative
Asset
 
Derivative
Liability
Derivatives of the VIEs
$
85

 
$
19

 
$
25

 
$
5

Derivatives related to the VIEs
19

 
29

 
11

 
21

Other securitization related derivatives
12

 
—

 
21

 
1

Total exposures related to securitization
$
116

 
$
48

 
$
57

 
$
27
Schedule of Derivative Expense/(Income) Related to Securitization Transactions [Table Text Block]
Derivative expense/(income) related to our securitization transactions for the years ended December 31 was as follows (in millions):
 
2014
 
2015
 
2016
Derivatives of the VIEs
$
(9
)
 
$
(32
)
 
$
23

Derivatives related to the VIEs
(16
)
 
12

 
(4
)
Other securitization related derivatives
21

 
18

 
10

Total derivative expense/(income) related to securitization
$
(4
)
 
$
(2
)
 
$
29