Segment Reporting and Geographic Information

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Reporting and Geographic Information

Segment Reporting and Geographic Information

Our chief operating decision maker evaluates the operating results and performance of our business based on our North America and International segments. The management of each segment is responsible for executing our strategies. Key operating data for our operating segments were as follows:

	Year Ended December 31, 2022
	North America		International		Total
Total revenue	$	11,777	$	989	$	12,766
Operating expenses	1,330		332		1,662
Leased vehicle expenses	3,613		54		3,668
Provision for loan losses	537		116		654
Interest expense	2,526		355		2,881
Equity income	—		173		173
Income before income taxes	$	3,771	$	305	$	4,076

	Year Ended December 31, 2021
	North America		International		Total
Total revenue	$	12,503	$	916	$	13,419
Operating expenses	1,328		320		1,648
Leased vehicle expenses	4,093		49		4,142
Provision for loan losses	164		84		248
Interest expense	2,309		237		2,546
Equity income	—		201		201
Income before income taxes	$	4,609	$	427	$	5,036

	Year Ended December 31, 2020
	North America		International		Total
Total revenue	$	12,851	$	980	$	13,831
Operating expenses	1,184		306		1,490
Leased vehicle expenses	5,834		48		5,882
Provision for loan losses	653		228		881
Interest expense	2,717		306		3,023
Equity income	—		147		147
Income before income taxes	$	2,463	$	239	$	2,702

	December 31, 2022						December 31, 2021
	North America		International		Total		North America		International		Total
Finance receivables, net	$	69,705	$	4,809	$	74,514	$	58,883	$	4,096	$	62,979
Leased vehicles, net	$	32,454	$	247	$	32,701	$	37,741	$	188	$	37,929
Total assets	$	114,612	$	7,934	$	122,545	$	106,572	$	7,214	$	113,786

The following table summarizes information concerning principal geographic areas:

	At and For the Years Ended December 31,
	2022				2021				2020
	Revenue		Long-Lived Assets(a)		Revenue		Long-Lived Assets(a)		Revenue		Long-Lived Assets(a)
U.S.	$	11,037	$	29,411	$	11,718	$	34,452	$	12,178	$	36,773
Non-U.S.(b)	1,729		3,431		1,701		3,629		1,653		3,230
Total consolidated	$	12,766	$	32,842	$	13,419	$	38,081	$	13,831	$	40,003

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(a)Long-lived assets include $32.7 billion, $37.9 billion, and $39.8 billion of vehicles on operating leases at December 31, 2022, 2021 and 2020.

(b)No individual country represents more than 10% of our total revenue or long-lived assets.