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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net income $ 3,789 $ 2,009 $ 1,567
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 6,308 7,426 7,538
Accretion and amortization of loan and leasing fees (1,442) (1,953) (1,953)
Undistributed earnings of non-consolidated affiliates, net (127) (54) (121)
Provision for loan losses 248 881 726
Deferred income taxes 209 354 440
Stock-based compensation expense 50 49 50
Gain on termination of leased vehicles (1,954) (1,325) (652)
Loss on extinguishment of debt 105 0 0
Other operating activities 112 (58) 53
Changes in assets and liabilities:      
Other assets 135 (88) 259
Other liabilities (177) 503 157
Related party payables 41 238 5
Net cash provided by operating activities 7,297 7,982 8,069
Cash flows from investing activities      
Purchases of retail finance receivables, net (33,013) (30,215) (25,341)
Principal collections and recoveries on retail finance receivables 25,456 19,936 22,889
Net collections (funding) of commercial finance receivables 2,263 2,849 650
Purchases of leased vehicles, net (14,602) (15,233) (16,404)
Proceeds from termination of leased vehicles 14,393 13,399 13,302
Purchases of property and equipment (26) (34) (47)
Acquisition of equity interest 0 0 (5)
Other investing activities (14) 15 2
Net cash used in investing activities (5,543) (9,283) (4,954)
Cash flows from financing activities      
Net change in debt (original maturities less than three months) 2,911 273 (304)
Borrowings and issuances of secured debt 28,776 43,818 25,078
Payments on secured debt (29,374) (43,668) (27,806)
Borrowings and issuances of unsecured debt 16,157 13,347 10,457
Payments on unsecured debt (15,728) (10,802) (10,276)
Extinguishment of debt (1,605) 0 0
Debt issuance costs (158) (162) (116)
Proceeds from issuance of preferred stock 0 492 0
Dividends paid (3,620) (890) (491)
Net cash provided by (used in) financing activities (2,641) 2,408 (3,458)
Net increase (decrease) in cash, cash equivalents and restricted cash (887) 1,107 (343)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (56) (83) 2
Cash, cash equivalents and restricted cash at beginning of period 8,126 7,102 7,443
Cash, cash equivalents and restricted cash at end of period 7,183 8,126 7,102
Supplemental Cash Flow Elements      
Cash and cash equivalents 3,948 5,063  
Restricted cash included in other assets 3,235 3,063  
Total $ 7,183 $ 8,126 $ 7,102