Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

v3.8.0.1
Securitization of Receivables (Tables)
9 Months Ended
Sep. 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 nine months
ended September 30,
 
     2017      2016  
     (dollars in millions)  

Gains on securitizations

   $ 15      $ 13  

Purchase of receivables securitized

   $ 277      $ 394  

Proceeds from securitizations

   $ 292      $ 407  

Residual and servicing assets included in other assets

   $ 35      $ 18  

Cash received from residual and servicing assets

   $ 4      $ 2