XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements Of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Finance charge income $ 966 $ 1,008 $ 1,972 $ 1,995
Leased vehicle income 2,386 2,512 4,849 5,021
Other income 71 119 163 243
Total revenue 3,423 3,639 6,984 7,259
Costs and expenses        
Operating expenses 345 377 703 747
Leased vehicle expenses 1,779 1,637 3,476 3,451
Provision for loan losses (Note 3) 327 179 793 354
Interest expense 788 952 1,623 1,899
Total costs and expenses 3,239 3,145 6,595 6,451
Equity income (Note 6) 42 42 67 87
Income before income taxes 226 536 456 895
Income tax provision (Note 12) 53 133 116 221
Net income 173 403 340 674
Less: cumulative dividends on preferred stock 22 22 45 45
Net income attributable to common shareholder $ 151 $ 381 $ 295 $ 629