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Finance Receivables (Tables)
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12 Months Ended |
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Dec. 31, 2014
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| Financing Receivables [Line Items] |
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| Net finance receivables [Table Text Block] |
Finance receivables, net at December 31 were as follows (in millions): | | | | | | | | | | 2014 | | 2013 | Consumer | | | | Retail financing, gross | $ | 55,856 |
| | $ | 51,699 |
| Less: Unearned interest supplements | (1,760 | ) | | (1,502 | ) | Consumer finance receivables | 54,096 |
| | 50,197 |
| | | | | Non-Consumer | |
| | |
| Dealer financing | 31,340 |
| | 29,905 |
| Other financing | 1,026 |
| | 1,071 |
| Non-Consumer finance receivables | 32,366 |
| | 30,976 |
| Total recorded investment | $ | 86,462 |
| | $ | 81,173 |
| | | | | Recorded investment in finance receivables | $ | 86,462 |
| | $ | 81,173 |
| Less: Allowance for credit losses | (321 | ) | | (357 | ) | Finance receivables, net (a) (b) | $ | 86,141 |
| | $ | 80,816 |
| | | | | Net finance receivables subject to fair value (c) | $ | 84,468 |
| | $ | 79,149 |
| Fair value | 85,941 |
| | 80,838 |
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__________ | | (a) | At December 31, 2014 and 2013, Finance receivables, net on the consolidated balance sheet were $81.1 billion and $77.5 billion, respectively. The balance is comprised of Financial Services sector finance receivables of $86.1 billion and $80.8 billion, respectively, net of $5 billion and $3.3 billion, respectively, of receivables purchased by Financial Services sector from Automotive sector, which are reclassified to Other receivables, net. |
| | (b) | Finance receivables, net includes net investment in direct financing leases of $1.7 billion at December 31, 2014 and 2013. |
| | (c) | Excludes $1.7 billion of certain receivables (primarily direct financing leases) that are not subject to fair value disclosure requirements at December 31, 2014 and 2013. |
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| Schedule of Financing Receivables, Minimum Payments [Table Text Block] |
Contractual maturities of total finance receivables outstanding at December 31, 2014 reflect contractual repayments due from customers or borrowers as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | Due in Year Ending December 31, | | | | | | 2015 | | 2016 | | 2017 | | Thereafter | | Total | Consumer | | | | | | | | | | Retail financing, gross (a) | $ | 16,080 |
| | $ | 14,821 |
| | $ | 11,694 |
| | $ | 13,261 |
| | $ | 55,856 |
| | | | | | | | | | | Non-Consumer | | | | | | | | | | Dealer financing | 28,585 |
| | 1,528 |
| | 187 |
| | 1,040 |
| | 31,340 |
| Other financing | 1,016 |
| | 9 |
| | 1 |
| | — |
| | 1,026 |
| Total finance receivables | $ | 45,681 |
| | $ | 16,358 |
| | $ | 11,882 |
| | $ | 14,301 |
| | $ | 88,222 |
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__________ | | (a) | Contractual maturities of retail financing, gross include $154 million of estimated unguaranteed residual values related to direct finance leases |
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| Aging analysis for total finance receivables [Text Block] |
The aging analysis of our finance receivables balances at December 31 was as follows (in millions): | | | | | | | | | | 2014 | | 2013 | Consumer | | | | 31-60 days past due | $ | 718 |
| | $ | 754 |
| 61-90 days past due | 97 |
| | 105 |
| 91-120 days past due | 29 |
| | 27 |
| Greater than 120 days past due | 52 |
| | 63 |
| Total past due | 896 |
| | 949 |
| Current | 53,200 |
| | 49,248 |
| Consumer finance receivables | 54,096 |
| | 50,197 |
| | | | | Non-Consumer | | | | Total past due | 117 |
| | 89 |
| Current | 32,249 |
| | 30,887 |
| Non-Consumer finance receivables | 32,366 |
| | 30,976 |
| Total recorded investment | $ | 86,462 |
| | $ | 81,173 |
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| Non-consumer [Member] |
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| Financing Receivables [Line Items] |
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| Financing receivable credit quality indicators [Table Text Block] |
The credit quality analysis of our dealer financing receivables at December 31 was as follows (in millions): | | | | | | | | | | 2014 | | 2013 | Dealer Financing | | | | Group I | $ | 23,125 |
| | $ | 23,408 |
| Group II | 6,350 |
| | 5,381 |
| Group III | 1,783 |
| | 1,073 |
| Group IV | 82 |
| | 43 |
| Total recorded investment | $ | 31,340 |
| | $ | 29,905 |
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