XML 98 R87.htm IDEA: XBRL DOCUMENT v3.20.2
BORROWINGS (Parent Company and Other IHC Entities) (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Total borrowings and other debt obligations [1] $ 48,135,215 $ 50,654,406
Short-term debt borrowings due February 2021    
Debt Instrument [Line Items]    
Stated interest rate 2.00%  
Short-term borrowings, Balance $ 124,067 $ 0
Effective Rate 2.00% 0.00%
Subsidiaries | 2.00% subordinated debt maturing through 2020    
Debt Instrument [Line Items]    
Stated interest rate 2.00%  
Subordinated debt, Balance $ 11 $ 602
Effective Rate 2.00% 2.00%
Subsidiaries | Short-term borrowing due within one year, maturing October 2020    
Debt Instrument [Line Items]    
Short-term borrowings, Balance $ 8,000 $ 1,831
Effective Rate 0.50% 0.38%
Parent Company and Other Subsidiaries    
Debt Instrument [Line Items]    
Total borrowings and other debt obligations $ 10,917,442 $ 9,951,647
Effective Rate 3.69% 3.68%
Senior Notes | 2.65% senior notes due April 2020    
Debt Instrument [Line Items]    
Stated interest rate 2.65%  
Senior notes, Balance $ 0 $ 999,502
Effective Rate 0.00% 2.82%
Senior Notes | 4.45% senior notes due December 2021    
Debt Instrument [Line Items]    
Stated interest rate 4.45%  
Senior notes, Balance $ 604,862 $ 604,172
Effective Rate 4.61% 4.61%
Senior Notes | 3.70% senior notes due March 2022    
Debt Instrument [Line Items]    
Stated interest rate 3.70%  
Senior notes, Balance $ 848,998 $ 849,465
Effective Rate 3.74% 3.74%
Senior Notes | 3.40% senior notes due January 2023    
Debt Instrument [Line Items]    
Stated interest rate 3.40%  
Senior notes, Balance $ 996,980 $ 996,043
Effective Rate 3.54% 3.54%
Senior Notes | 3.50% senior notes due June 2024    
Debt Instrument [Line Items]    
Stated interest rate 3.50%  
Senior notes, Balance $ 996,462 $ 995,797
Effective Rate 3.60% 3.60%
Senior Notes | 4.50% senior notes due July 2025    
Debt Instrument [Line Items]    
Stated interest rate 4.50%  
Senior notes, Balance $ 1,096,930 $ 1,096,508
Effective Rate 4.56% 4.56%
Senior Notes | 4.40% senior notes due July 2027    
Debt Instrument [Line Items]    
Stated interest rate 4.40%  
Senior notes, Balance $ 1,049,825 $ 1,049,813
Effective Rate 4.40% 4.40%
Senior Notes | 2.88% senior notes, due January 2024    
Debt Instrument [Line Items]    
Stated interest rate 2.88%  
Senior notes, Balance $ 750,000 $ 750,000
Effective Rate 2.88% 2.88%
Senior Notes | 5.83% senior notes, due March 2023    
Debt Instrument [Line Items]    
Stated interest rate 5.83%  
Senior notes, Balance $ 500,000 $ 0
Effective Rate 5.83% 0.00%
Senior Notes | 3.24% senior notes due November 2026    
Debt Instrument [Line Items]    
Stated interest rate 3.24%  
Senior notes, Balance $ 911,870 $ 907,844
Effective Rate 3.97% 3.97%
Senior Notes | 3.45% senior notes, due June 2025    
Debt Instrument [Line Items]    
Stated interest rate 3.45%  
Senior notes, Balance $ 994,599 $ 0
Effective Rate 3.58% 0.00%
Senior Notes | 3.50% senior notes, due April 2023    
Debt Instrument [Line Items]    
Stated interest rate 3.50%  
Senior notes, Balance $ 447,022 $ 0
Effective Rate 3.52% 0.00%
Senior Notes | Senior notes, due September 2020    
Debt Instrument [Line Items]    
Senior notes, Balance $ 0 $ 112,358
Effective Rate 0.00% 3.36%
Senior Notes | Senior notes, due September 2020 | 3-month LIBOR    
Debt Instrument [Line Items]    
Basis spread on LIBOR (as a percent) 105.00%  
Senior Notes | Senior notes, due June 2022    
Debt Instrument [Line Items]    
Senior notes, Balance $ 427,916 $ 427,889
Effective Rate 2.05% 3.47%
Senior Notes | Senior notes, due June 2022 | 3-month LIBOR    
Debt Instrument [Line Items]    
Basis spread on LIBOR (as a percent) 100.00%  
Senior Notes | Senior notes, due January 2023    
Debt Instrument [Line Items]    
Senior notes, Balance $ 720,893 $ 720,861
Effective Rate 2.29% 3.29%
Senior Notes | Senior notes, due January 2023 | 3-month LIBOR    
Debt Instrument [Line Items]    
Basis spread on LIBOR (as a percent) 110.00%  
Senior Notes | Senior notes, due July 2023    
Debt Instrument [Line Items]    
Senior notes, Balance $ 439,007 $ 438,962
Effective Rate 2.29% 2.48%
[1] The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At September 30, 2020 and December 31, 2019, LHFI included $22.7 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash included $1.8 billion and $1.6 billion, other assets included $870.2 million and $625.4 million, Borrowings and other debt obligations included $31.3 billion and $34.2 billion, and Other liabilities included $118.0 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.