XML 11 R71.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Variable Interest Entities (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
Dec. 31, 2009
Jun. 30, 2011
Variable Interest Entity [Member]
PHH Home Loans [Member]
Dec. 31, 2010
Variable Interest Entity [Member]
PHH Home Loans [Member]
Jun. 30, 2011
Variable Interest Entity [Member]
Chesapeake and D.L. Peterson Trust [Member]
Dec. 31, 2010
Variable Interest Entity [Member]
Chesapeake and D.L. Peterson Trust [Member]
Jun. 30, 2011
Variable Interest Entity [Member]
FLRT and PHH Lease Receivables LP [Member]
Dec. 31, 2010
Variable Interest Entity [Member]
FLRT and PHH Lease Receivables LP [Member]
Jun. 30, 2011
Variable Interest Entity [Member]
Mortgage Securitization Trust [Member]
Dec. 31, 2010
Variable Interest Entity [Member]
Mortgage Securitization Trust [Member]
Jun. 30, 2011
Variable Interest Entity [Member]
Dec. 31, 2010
Variable Interest Entity [Member]
ASSETS                            
Cash and cash equivalents $ 212 $ 195 $ 184 $ 150 $ 28 $ 40 $ 5 $ 4 $ 0 $ 0 $ 0 $ 0 $ 36 $ 47
Restricted cash, cash equivalents and investments 535 531     0 0 219 202 42 39 0 0 262 241
Mortgage loans held for sale 1,707 4,329     358 384 0 0 0 0 0 0 364 389
Accounts receivable, net 672 573     5 14 74 50 0 0 0 0 79 64
Net investment in fleet leases 3,526 3,492     0 0 2,761 2,854 550 502 0 0 3,311 3,356
Property, plant and equipment, net 60 46     1 1 0 0 0 0 0 0 1 1
Other assets 504 637     10 10 9 12 4 18 34 42 57 82
Total assets 8,749 [1] 11,270 [1]     402 449 3,068 3,122 596 559 34 42 4,110 4,180
Assets held as collateral         311 331 3,054 3,106 516 506 0 0    
LIABILITIES                            
Accounts payable and accrued expenses 452 521     16 20 2 3 2 16 0 0 21 38
Debt 5,697 8,085     290 304 2,523 2,577 456 450 26 30 3,300 3,367
Other liabilities 280 358     5 5 0 0 0 0 0 0 5 5
Total liabilities $ 7,151 [1] $ 9,692 [1]     $ 311 $ 329 $ 2,525 $ 2,580 $ 458 $ 466 $ 26 $ 30 $ 3,326 $ 3,410
Variable Interest Entities (Textuals) [Abstract]                            
Mortgage loan originated From Realogy Corporations Affiliates                         21.00%  
Mortgage loan originated by home loans                         83.00%  
[1] The Condensed Consolidated Balance Sheets include assets of variable interest entities which can be used only to settle their obligations and liabilities of variable interest entities which creditors or beneficial interest holders do not have recourse to PHH Corporation and subsidiaries as follows: