v3.26.1
Loans and finance receivables (Tables)
3 Months Ended
Mar. 31, 2026
Schedule of receivables

Other receivables are summarized as follows (in millions).

 

March 31,
2026

 

 

December 31,
2025

 

Insurance and other:

 

 

 

 

 

Insurance premiums receivable

$

19,925

 

 

$

18,656

 

Reinsurance recoverables

 

4,845

 

 

 

4,975

 

Trade receivables

 

18,211

 

 

 

16,126

 

Other

 

5,248

 

 

 

5,279

 

Allowances for credit losses

 

(737

)

 

 

(705

)

$

47,492

 

 

$

44,331

 

Railroad, utilities and energy:

 

 

 

 

 

Trade receivables

$

3,725

 

 

$

3,782

 

Other

 

634

 

 

 

698

 

Allowances for credit losses

 

(92

)

 

 

(93

)

$

4,267

 

 

$

4,387

 

 

Loans and Finance Receivables [Member]  
Schedule of receivables

Loans and finance receivables are principally manufactured home installment loans, and to a lesser extent, commercial loans and site-built home loans and are summarized as follows (in millions).

 

March 31,
2026

 

 

December 31,
2025

 

Loans and finance receivables, before allowances and discounts

$

32,270

 

 

$

31,997

 

Allowances for credit losses

 

(1,354

)

 

 

(1,347

)

Unamortized acquisition discounts and points

 

(815

)

 

 

(814

)

 

$

30,101

 

 

$

29,836

 

Schedule of reconciliation of allowance for credit losses on loans and finance receivables

Reconciliations of the allowance for credit losses on loans and finance receivables follow (in millions).

 

2026

 

 

2025

 

Balance at the beginning of the year

$

1,347

 

 

$

1,134

 

Provision for credit losses

 

52

 

 

 

183

 

Charge-offs, net of recoveries

 

(45

)

 

 

(41

)

Balance at March 31

$

1,354

 

 

$

1,276

 

Manufactured Housing Loan Balances [Member]  
Summary of performing and non-performing home loans before discounts and allowances by year of loan origination A summary of performing and non-performing home loans, before allowances and discounts, by year of loan origination as of March 31, 2026 follows (in millions).

 

Origination Year

 

 

 

 

2026

 

 

2025

 

 

2024

 

 

2023

 

 

2022

 

 

Prior

 

 

Total

 

Performing

$

1,842

 

 

$

4,953

 

 

$

5,270

 

 

$

4,371

 

 

$

3,267

 

 

$

11,730

 

 

$

31,433

 

Non-performing

 

2

 

 

 

10

 

 

 

32

 

 

 

31

 

 

 

20

 

 

 

81

 

 

 

176

 

$

1,844

 

 

$

4,963

 

 

$

5,302

 

 

$

4,402

 

 

$

3,287

 

 

$

11,811

 

 

$

31,609