Vehicle Leasing Activities (Tables)

9 Months Ended

Sep. 30, 2013

Vehicle Leasing Activities

Schedule of components of Net investment in fleet leases

	September 30,		December 31,
	2013		2012
	(In millions)
Operating Leases:
Vehicles under open-end operating leases	$	8,167	$	8,174
Vehicles under closed-end operating leases	142		154
Vehicles under operating leases	8,309		8,328
Less: Accumulated depreciation	(4,932)		(4,959)
Net investment in operating leases	3,377		3,369
Direct Financing Leases:
Lease payments receivable	96		91
Less: Unearned income	(2)		—
Net investment in direct financing leases	94		91
Off-Lease Vehicles:
Vehicles not yet subject to a lease	225		169
Vehicles held for sale	11		15
Less: Accumulated depreciation	(6)		(8)
Net investment in off-lease vehicles	230		176
Total	$	3,701	$	3,636