XML 45 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Finance Receivables (Details 3) - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2020
Dec. 31, 2019
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year $ 424 $ 511    
Receivables written off (212) (281)    
Recoveries on receivables previously written off 27 44    
Provision for credit losses 212 162    
Adjustment due to sale of receivables   (11)    
Foreign currency translation adjustment (3) (1)    
Balance at end of period 460 424    
Allowance for Credit Losses        
Individually evaluated     $ 211 $ 217
Collectively evaluated     249 207
Allowance, Ending Balance 424 511 460 424
Finance Receivables        
Individually evaluated     690 672
Collectively evaluated     25,791 27,584
Finance Receivables, Ending Balance     26,481 28,256
Adjustment to adopt new accounting guidance | Accounting Standards Update 2016-13        
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year 12      
Balance at end of period   12    
Allowance for Credit Losses        
Allowance, Ending Balance 12 12   12
Customer        
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year 375 486    
Receivables written off (212) (281)    
Recoveries on receivables previously written off 27 44    
Provision for credit losses 213 138    
Adjustment due to sale of receivables   (11)    
Foreign currency translation adjustment (3) (1)    
Balance at end of period 412 375    
Allowance for Credit Losses        
Individually evaluated     172 178
Collectively evaluated     240 197
Allowance, Ending Balance 375 375 412 375
Finance Receivables        
Individually evaluated     612 594
Collectively evaluated     18,637 18,770
Finance Receivables, Ending Balance     19,249 19,364
Customer | Adjustment to adopt new accounting guidance | Accounting Standards Update 2016-13        
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year 12      
Balance at end of period   12    
Allowance for Credit Losses        
Allowance, Ending Balance 12 12   12
Dealer        
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year 45 21    
Receivables written off 0 0    
Recoveries on receivables previously written off 0 0    
Provision for credit losses 0 24    
Adjustment due to sale of receivables   0    
Foreign currency translation adjustment 0 0    
Balance at end of period 45 45    
Allowance for Credit Losses        
Individually evaluated     39 39
Collectively evaluated     6 6
Allowance, Ending Balance 45 45 45 45
Finance Receivables        
Individually evaluated     78 78
Collectively evaluated     3,609 4,366
Finance Receivables, Ending Balance     3,687 4,444
Dealer | Adjustment to adopt new accounting guidance | Accounting Standards Update 2016-13        
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year 0      
Balance at end of period   0    
Allowance for Credit Losses        
Allowance, Ending Balance 0 0   0
Caterpillar Purchased Receivables        
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year 4 4    
Receivables written off 0 0    
Recoveries on receivables previously written off 0 0    
Provision for credit losses (1) 0    
Adjustment due to sale of receivables   0    
Foreign currency translation adjustment 0 0    
Balance at end of period 3 4    
Allowance for Credit Losses        
Individually evaluated     0 0
Collectively evaluated     3 4
Allowance, Ending Balance 3 4 3 4
Finance Receivables        
Individually evaluated     0 0
Collectively evaluated     3,545 4,448
Finance Receivables, Ending Balance     $ 3,545 4,448
Caterpillar Purchased Receivables | Adjustment to adopt new accounting guidance | Accounting Standards Update 2016-13        
Financing Receivable, Allowance for Credit Losses        
Balance at beginning of year 0      
Balance at end of period   0    
Allowance for Credit Losses        
Allowance, Ending Balance $ 0 $ 0   $ 0