Segment Reporting

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

We offer substantially similar products and services throughout many different regions, subject to local regulations and market conditions. We evaluate our business in two operating segments: the North America Segment (consisting of operations in the U.S. and Canada) and the International Segment (consisting of operations in all other countries). Our chief operating decision maker evaluates the operating results and performance of our business based on these operating segments. The management of each segment is responsible for executing our strategies.

For segment reporting purposes only, interest expense related to the senior notes has been allocated based on targeted leverage for each segment. Interest expense in excess of the targeted overall leverage is reflected in the "Corporate" column below. In addition, the interest income on intercompany loans provided to the international operations is presented in the "Corporate" column as revenue.

All inter-segment balances and transactions have been eliminated. Key financial data for our operating segments were as follows (in millions):

	Three Months Ended March 31, 2015
	North America		International		Corporate			Eliminations			Total
Total revenue	$	906	$	448	$	7		$	(7	)	$	1,354
Operating expenses, including leased vehicle expenses	487		146		—			—			633
Provision for loan losses	118		37		—			—			155
Interest expense	165		206		16			(7		)	380
Equity income	—		28		—			—			28
Income before income taxes	$	136	$	87	$	(9	)	$	—		$	214

	Three Months Ended March 31, 2014
	North America		International		Corporate			Eliminations			Total
Total revenue	$	636	$	461	$	16		$	(16	)	$	1,097
Operating expenses, including leased vehicle expenses	274		151		—			—			425
Provision for loan losses	103		32		—			—			135
Interest expense	92		214		25			(16		)	315
Income before income taxes	$	167	$	64	$	(9	)	$	—		$	222

	March 31, 2015						December 31, 2014
	North America		International		Total		North America		International		Total
Finance receivables, net	$	16,929	$	15,541	$	32,470	$	15,943	$	17,057	$	33,000
Total assets	$	30,535	$	18,811	$	49,346	$	27,687	$	20,037	$	47,724