XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue        
Finance charge income $ 1,490 $ 1,062 $ 2,859 $ 2,072
Leased vehicle income 1,820 1,989 3,638 4,056
Other income 187 95 343 175
Total revenue 3,498 3,146 6,840 6,302
Costs and expenses        
Operating expenses 456 393 899 766
Leased vehicle expenses 1,011 856 2,050 1,711
Provision for loan losses (Note 3) 167 198 298 320
Interest expense 1,135 642 2,134 1,219
Total costs and expenses 2,768 2,089 5,381 4,016
Equity income (Note 5) 37 50 78 104
Income before income taxes 766 1,106 1,537 2,390
Income tax provision (Note 11) 195 277 382 599
Net income (loss) 571 829 1,155 1,791
Less: cumulative dividends on preferred stock 30 30 59 59
Net income (loss) attributable to common shareholder $ 541 $ 799 $ 1,096 $ 1,731