XML 40 R12.htm IDEA: XBRL DOCUMENT v3.19.2
Allowance for Credit Losses
 6 Months Ended
Jun. 30, 2019
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 for the periods ended June 30 was as follows (in millions):
 
Second Quarter 2018
 
Consumer
 
Non-Consumer
 
Total Allowance
Allowance for credit losses
 
 
 
 
 
Beginning balance
$
584

 
$
16

 
$
600

Charge-offs
(123
)
 
(1
)
 
(124
)
Recoveries
47

 
1

 
48

Provision for credit losses
72

 
(2
)
 
70

Other
(7
)
 
—

 
(7
)
Ending balance
$
573

 
$
14

 
$
587

 
 
 
 
 
 
 
First Half 2018
 
Consumer
 
Non-Consumer
 
Total Allowance
Allowance for credit losses
 
 
 
 
 
Beginning balance
$
582

 
$
15

 
$
597

Charge-offs
(254
)
 
(3
)
 
(257
)
Recoveries
86

 
2

 
88

Provision for credit losses
164

 
—

 
164

Other
(5
)
 
—

 
(5
)
Ending balance
$
573

 
$
14

 
$
587

 
 
 
 
 
 
Analysis of ending balance of allowance for credit losses
 
 
 
 
 
Collective impairment allowance
$
552

 
$
13

 
$
565

Specific impairment allowance
21

 
1

 
22

Ending balance
573

 
14

 
587

 
 
 
 
 
 
Analysis of ending balance of finance receivables
 
 
 
 
 
Collectively evaluated for impairment
$
75,338

 
$
40,668

 
$
116,006

Specifically evaluated for impairment
378

 
96

 
474

Recorded investment
75,716


40,764

 
116,480

 
 
 
 
 
 
Ending balance, net of allowance for credit losses
$
75,143

 
$
40,750

 
$
115,893



NOTE 6. ALLOWANCE FOR CREDIT LOSSES (Continued)
 
Second Quarter 2019
 
Consumer
 
Non-Consumer
 
Total Allowance
Allowance for credit losses
 
 
 
 
 
Beginning balance
$
496

 
$
17

 
$
513

Charge-offs
(117
)
 
—

 
(117
)
Recoveries
45

 
6

 
51

Provision for credit losses
70

 
(7
)
 
63

Other
2

 
1

 
3

Ending balance
$
496

 
$
17

 
$
513

 
 
 
 
 
 
 
First Half 2019
 
Consumer
 
Non-Consumer
 
Total Allowance
Allowance for credit losses
 
 
 
 
 
Beginning balance
$
566

 
$
23

 
$
589

Charge-offs
(254
)
 
(17
)
 
(271
)
Recoveries
88

 
8

 
96

Provision for credit losses
94

 
2

 
96

Other
2

 
1

 
3

Ending balance
$
496

 
$
17

 
$
513

 
 
 
 
 
 
Analysis of ending balance of allowance for credit losses
 
 
 
 
 
Collective impairment allowance
$
477

 
$
16

 
$
493

Specific impairment allowance
19

 
1

 
20

Ending balance
496

 
17

 
513

 
 
 
 
 
 
Analysis of ending balance of finance receivables
 
 
 
 
 
Collectively evaluated for impairment
$
73,981

 
$
41,821

 
$
115,802

Specifically evaluated for impairment
337

 
115

 
452

Recorded investment
74,318

 
41,936

 
116,254

 
 
 
 
 
 
Ending balance, net of allowance for credit losses
$
73,822

 
$
41,919

 
$
115,741