Annual report pursuant to Section 13 and 15(d)

Securitization of Receivables (Tables)

v3.6.0.2
Securitization of Receivables (Tables)
12 Months Ended
Dec. 31, 2016
Transfers and Servicing [Abstract]  
Summary of Certain Transactions with Securitization Trusts

The following summarizes certain transactions with our securitization trusts:

 

     Year ended December 31,  
         2016              2015              2014      
     (dollars in millions)  

Gains on securitizations

   $ 17      $ 8      $ 9  

Purchase of receivables securitized

   $ 532      $ 286      $ 248  

Proceeds from securitizations

   $ 549      $ 294      $ 257  

Residual and servicing assets included in Other Assets

   $ 19      $ 9      $ 6  

Cash received from residual and servicing assets

   $ 2      $ 2      $ 2