Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30 was as follows (in millions):

	United States and Canada		Europe		All Other		Total Segments		Unallocated Other		Total
Second Quarter 2023
Total revenue	$	2,305	$	344	$	106	$	2,755	$	—	$	2,755
Income before income taxes	271		113		27		411		(30)		381
Depreciation on vehicles subject to operating leases	551		4		—		555		—		555
Interest expense	1,258		162		57		1,477		53		1,530
Provision for credit losses	36		(2)		6		40		—		40
Second Quarter 2024
Total revenue	$	2,785	$	381	$	117	$	3,283	$	—	$	3,283
Income before income taxes	298		88		10		396		(53)		343
Depreciation on vehicles subject to operating leases	606		7		—		613		—		613
Interest expense	1,519		216		66		1,801		96		1,897
Provision for credit losses	70		5		20		95		—		95
First Half 2023
Total revenue	$	4,475	$	628	$	208	$	5,311	$	—	$	5,311
Income before income taxes	544		191		49		784		(100)		684
Depreciation on vehicles subject to operating leases	1,108		6		—		1,114		—		1,114
Interest expense	2,453		292		108		2,853		69		2,922
Provision for credit losses	99		2		16		117		—		117
Net finance receivables and net investment in operating leases	100,626		20,546		4,902		126,074		—		126,074
Total assets	114,114		24,245		5,431		143,790		—		143,790
First Half 2024
Total revenue	$	5,401	$	752	$	236	$	6,389	$	—	$	6,389
Income before income taxes	561		160		30		751		(82)		669
Depreciation on vehicles subject to operating leases	1,209		14		—		1,223		—		1,223
Interest expense	2,979		437		135		3,551		194		3,745
Provision for credit losses	140		12		31		183		—		183
Net finance receivables and net investment in operating leases	113,727		19,425		4,569		137,721		—		137,721
Total assets	122,702		22,784		5,141		150,627		—		150,627