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Equity in Net Assets of Non-consolidated Affiliate
 9 Months Ended
Sep. 30, 2017
Noncontrolling Interest [Abstract]  
Equity in Net Assets of Non-consolidated Affiliate
Equity in Net Assets of Non-consolidated Affiliate
We use the equity method to account for our equity interest in SAIC-GMAC, a joint venture that conducts auto finance operations in China. The income of SAIC-GMAC is not consolidated into our financial statements; rather, our proportionate share of the earnings is reflected as equity income.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
Summarized Operating Data(a)
2017
 
2016
 
2017
 
2016
Finance charge income
$
261

 
$
229

 
$
775

 
$
700

Provision for loan losses
$
2

 
$
7

 
$
(9
)
 
$
21

Interest expense
$
83

 
$
65

 
$
241

 
$
192

Income before income taxes
$
157

 
$
137

 
$
490

 
$
411

Net income
$
118

 
$
103

 
$
368

 
$
308

 _________________
(a)
This data represents that of the entire entity and not our 35% proportionate share.
There were no dividends received from SAIC-GMAC during the nine months ended September 30, 2017. We received dividends from SAIC-GMAC of $129 million during the nine months ended September 30, 2016. At September 30, 2017 and December 31, 2016 we had undistributed earnings of $271 million and $142 million related to SAIC-GMAC.