Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

v3.7.0.1
Securitization of Receivables (Tables)
3 Months Ended
Mar. 31, 2017
Transfers and Servicing [Abstract]  
Summary of Certain Transactions with Securitization Trusts

The following summarizes certain transactions with our securitization trusts:

 

     As of and for the three months
ended March 31,
 
     2017      2016  
     (dollars in millions)  

Gains on securitizations

   $ 4      $ 5  

Purchase of receivables securitized

   $ 87      $ 141  

Proceeds from securitizations

   $ 91      $ 146  

Residual and servicing assets included in Other Assets

   $ 22      $ 11  

Cash received from residual and servicing assets

   $ 2      $ 1