Segment and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Key financial information for our business segments for the periods ended or at September 30 was as follows (in millions):

	Americas		Europe		Asia Pacific			Total Segments		Unallocated Other (a)			Total
Third Quarter 2018
Total revenue	$	2,677	$	284	$	120		$	3,081	$	—		$	3,081
Income before income taxes	556		89		13			658		20			678
Other disclosures:
Depreciation on vehicles subject to operating leases	924		12		—			936		—			936
Interest expense	848		68		75			991		(2		)	989
Provision for credit losses	116		1		10			127		—			127
Third Quarter 2019
Total revenue	$	2,764	$	286	$	77		$	3,127	$	—		$	3,127
Income before income taxes	584		82		15			681		55			736
Other disclosures:
Depreciation on vehicles subject to operating leases	884		10		—			894		—			894
Interest expense	951		86		43			1,080		1			1,081
Provision for credit losses	86		6		1			93		—			93
First Nine Months 2018
Total revenue	$	7,918	$	878	$	404		$	9,200	$	—		$	9,200
Income before income taxes	1,619		303		86			2,008		(44		)	1,964
Other disclosures:
Depreciation on vehicles subject to operating leases	2,955		20		—			2,975		—			2,975
Interest expense	2,430		216		256			2,902		(4		)	2,898
Provision for credit losses	263		14		13			290		—			290
Net finance receivables and net investment in operating leases	120,425		25,995		5,720			152,140		(8,526		)	143,614
Total assets	128,103		27,120		6,023			161,246		—			161,246
First Nine Months 2019
Total revenue	$	8,349	$	896	$	264		$	9,509	$	—		$	9,509
Income before income taxes	1,836		314		64			2,214		154			2,368
Other disclosures:
Depreciation on vehicles subject to operating leases	2,681		31		—			2,712		—			2,712
Interest expense	2,902		252		155			3,309		7			3,316
Provision for credit losses	178		18		(7		)	189		—			189
Net finance receivables and net investment in operating leases	119,463		25,518		3,737			148,718		(8,417		)	140,301
Total assets	128,603		28,185		4,095			160,883		—			160,883

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(a)

Net finance receivables and Net investment in operating leases include unearned interest supplements and residual support, allowance for credit losses, and other (primarily accumulated supplemental depreciation).