Segments (Notes)

9 Months Ended

Sep. 30, 2013

Segment Reporting Information [Line Items]

Segment Reporting Disclosure [Text Block]

Segment Reporting

We offer substantially similar products and services throughout many different regions, subject to local regulations and market conditions. We evaluate our business in reporting segments based on geographic regions: the North America Segment (consisting of operations in the United States and Canada) and the International Segment (consisting of operations in all other countries). Our chief operating decision maker evaluates the operating results and performance of our business based on these reporting segments. The management of each segment is responsible for executing our strategies.

For segment reporting purposes only, interest expense related to the senior unsecured notes has been allocated based on targeted leverage for each segment.  Interest expense on senior debt in excess of the targeted overall leverage is reflected in the “Corporate” column below.  In addition, the interest revenue on $1.5 billion in intercompany loans provided to the international operations is presented as revenue in the “Corporate” column below.

All inter-segment balances and transactions have been eliminated.

Key operating data for our reporting segments were as follows (in millions):

	Three Months Ended September 30, 2013
	North America		International		Corporate		Eliminations			Total
Total revenue	$	622	$	245	$	13	$	(13	)	$	867
Operating expenses, including leased vehicle expenses	246		90							336
Provision for credit losses	108		9							117
Interest expense	93		76		12		(13		)	168
Acquisition and integration expenses			7							7
Income before income taxes	$	175	$	63	$	1	$			$	239

	Nine Months Ended September 30, 2013
	North America		International		Corporate		Eliminations			Total
Total revenue	$	1,750	$	493	$	28	$	(28	)	$	2,243
Operating expenses, including leased vehicle expenses	637		179							816
Provision for credit losses	283		28							311
Interest expense	266		157		19		(28		)	414
Acquisition and integration expenses			29							29
Income before income taxes	$	564	$	100	$	9	$			$	673

	September 30, 2013
	North America		International		Total
Finance receivables, net	$	12,232	$	11,635	$	23,867
Total assets	$	18,970	$	12,914	$	31,884