Equity in Net Assets of Non-consolidated Affiliates

12 Months Ended

Dec. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Equity in Net Assets of Non-consolidated Affiliates

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.

Summarized Balance Sheet Data(a):	December 31, 2017		December 31, 2016
Finance receivables, net	$	13,459	$	10,408
Total assets	$	16,198	$	11,089
Debt	$	9,349	$	6,681
Total liabilities	$	13,807	$	9,330

	Years Ended December 31,
Summarized Operating Data(a):	2017			2016		2015
Finance charge income	$	1,053		$	940	$	971
Provision for loan losses	$	(6	)	$	18	$	45
Interest expense	$	337		$	257	$	338
Income before income taxes	$	661		$	570	$	463
Net income	$	496		$	428	$	347

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(a) This data represents that of the entire entity and not our 35% proportionate share.

There were no dividends received from SAIC-GMAC in 2017 or 2015. We received dividends from SAIC-GMAC of $129 million in 2016. At December 31, 2017 and 2016, we had undistributed earnings of $315 million and $142 million related to SAIC-GMAC.