Finance Assets, Net (Tables)

6 Months Ended

Jun. 30, 2013

Finance Assets, Net [Abstract]

Schedule Of Allowance For Losses On Finance Assets

The activity in the allowance for losses on finance assets for the six months ended June 30, 2013 and 2012 was as follows:

	For the Six Months Ended June 30,
	2013			2012
	(in millions)
Balance at beginning of the year	$	99		$	227
Decrease to allowance	(47		)	(10		)
Amounts written-off	—			(29		)
Balance at June 30	$	52		$	188

Schedule Of Credit Quality Of Investments In Finance Assets

The credit quality of PMCC’s investments in finance assets as assigned by Standard & Poor’s Ratings Services (“Standard & Poor’s”) and Moody’s Investors Service, Inc. (“Moody’s”) at June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013		December 31, 2012
	(in millions)
Credit Rating by Standard & Poor’s/Moody’s:
“AAA/Aaa” to “A-/A3”	$	760	$	961
“BBB+/Baa1” to “BBB-/Baa3”	911		938
“BB+/Ba1” and Lower	726		781
Total	$	2,397	$	2,680