Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

v3.7.0.1
Securitization of Receivables (Tables)
6 Months Ended
Jun. 30, 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 six months
ended June 30,
 
     2017      2016  
     (dollars in millions)  

Gains on securitizations

   $ 12      $ 10  

Purchase of receivables securitized

   $ 195      $ 319  

Proceeds from securitizations

   $ 207      $ 329  

Residual and servicing assets included in Other Assets

   $ 29      $ 15  

Cash received from residual and servicing assets

   $ 3      $ 2