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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
Selected financial data by calendar quarter were as follows (in millions):
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Full Year
2017 (a)
 
 
 
 
 
 
 
 
 
Total revenue
$
2,731

 
$
2,802

 
$
2,863

 
$
2,981

 
$
11,377

Depreciation on vehicles subject to operating leases
(1,064
)
 
(1,037
)
 
(989
)
 
(1,045
)
 
(4,135
)
Interest expense
(729
)
 
(769
)
 
(810
)
 
(867
)
 
(3,175
)
Total financing margin and other revenue
938

 
996

 
1,064

 
1,069

 
4,067

Provision for credit losses
152

 
99

 
169

 
168

 
588

Net income
333

 
446

 
414

 
1,814

 
3,007

 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
Total revenue
$
3,020

 
$
3,099

 
$
3,081

 
$
3,182

 
$
12,382

Depreciation on vehicles subject to operating leases
(1,028
)
 
(963
)
 
(907
)
 
(969
)
 
(3,867
)
Interest expense
(912
)
 
(997
)
 
(989
)
 
(1,032
)
 
(3,930
)
Total financing margin and other revenue
1,080

 
1,139

 
1,185

 
1,181

 
4,585

Provision for credit losses
119

 
92

 
156

 
165

 
532

Net income
701

 
479

 
518

 
526

 
2,224

__________
(a)
The fourth quarter 2017 net income includes favorable tax benefits of $1.4 billion related to U.S. tax legislation in the Tax Cuts and Jobs Act of 2017. See Note 12 for additional information.