Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Key financial information for our business segments for the periods ended or at March 31 was as follows (in millions):


	United States and Canada		Europe		All Other		Total Segments		Unallocated Other (a)		Total














First Quarter 2021
Total revenue	$	2,384	$	241	$	92	$	2,717	$	—	$	2,717
Income before income taxes	996		66		(15)		1,047		(85)		962
Depreciation on vehicles subject to operating leases	562		6		—		568		—		568
Interest expense	638		80		56		774		30		804
Provision for credit losses	(52)		(1)		13		(40)		—		(40)
Net finance receivables and net investment in operating leases (a) (b)	100,542		21,943		4,653		127,138		—		127,138
Total assets	116,720		25,110		5,438		147,268		—		147,268

First Quarter 2022
Total revenue	$	2,029	$	195	$	102	$	2,326	$	—	$	2,326
Income before income taxes	783		69		(174)		678		76		754
Depreciation on vehicles subject to operating leases	526		(11)		—		515		—		515
Interest expense	542		55		57		654		(43)		611
Provision for credit losses	(67)		(3)		6		(64)		—		(64)
Net finance receivables and net investment in operating leases (a)	93,955		17,991		5,449		117,395		—		117,395
Total assets	106,762		20,633		6,182		133,577		—		133,577

__________

(a)Excludes held-for-sale finance receivables.

(b)Prior periods have been restated to display net receivables in lieu of the non-GAAP measure of managed receivables