Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2023

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

Key operating data for our business segments for the years ended or at December 31 was as follows (in millions):


	United States and Canada		Europe		All Other		Total Segments		Unallocated Other		Total
2021
Total revenue	$	8,911	$	878	$	461	$	10,250	$	—	$	10,250
Income before income taxes	4,317		281		146		4,744		(13)		4,731
Other disclosures:
Depreciation on vehicles subject to operating leases	1,615		11		—		1,626		—		1,626
Interest expense	2,419		247		178		2,844		(54)		2,790
Provision for/(Benefit from) credit losses	(333)		(10)		33		(310)		—		(310)
Net finance receivables and net investment in operating leases	94,258		17,619		5,640		117,517		—		117,517
Total assets	107,409		20,837		6,699		134,945		—		134,945

2022
Total revenue	$	8,189	$	829	$	398	$	9,416	$	—	$	9,416
Income before income taxes	2,094		314		(138)		2,270		167		2,437
Other disclosures:
Depreciation on vehicles subject to operating leases	2,271		(31)		—		2,240		—		2,240
Interest expense	3,035		233		190		3,458		(124)		3,334
Provision for/(Benefit from) credit losses	10		(10)		39		39		—		39
Net finance receivables and net investment in operating leases	98,869		18,400		5,065		122,334		—		122,334
Total assets	110,023		22,690		5,863		138,576		—		138,576

2023
Total revenue	$	9,362	$	1,316	$	441	$	11,119	$	—	$	11,119
Income before income taxes	1,114		306		75		1,495		(173)		1,322
Other disclosures:
Depreciation on vehicles subject to operating leases	2,284		25		—		2,309		—		2,309
Interest expense	5,199		684		242		6,125		186		6,311
Provision for/(Benefit from) credit losses	237		10		31		278		—		278
Net finance receivables and net investment in operating leases	107,695		20,249		5,211		133,155		—		133,155
Total assets	118,611		24,601		5,993		149,205		—		149,205

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]

Key data, split geographically into the United States (which is our country of domicile), Canada, and Rest of world, for the years ended or at December 31 were as follows (in millions):


	2021		2022		2023
Total revenue
United States	$	7,622	$	6,929	$	8,012
Canada	1,289		1,260		1,350
Rest of world	1,339		1,227		1,757
Total revenue	$	10,250	$	9,416	$	11,119

Net property and net investment in operating leases
United States	$	20,886	$	17,558	$	15,642
Canada	4,246		4,317		4,621
Rest of world	259		179		338
Net property and net investment in operating leases	$	25,391	$	22,054	$	20,601