Annual report pursuant to Section 13 and 15(d)

Securitization of Receivables (Tables)

v3.8.0.1
Securitization of Receivables (Tables)
12 Months Ended
Dec. 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 year ended December 31,  
         2017              2016              2015      
     (in millions)  

Gains on securitizations

   $ 21      $ 17      $ 8  

Purchase of receivables securitized

     466        532        286  

Proceeds from securitizations

     487        549        294  

Residual and servicing assets included in other assets

     46        19        9  

Cash received from residual and servicing assets

     4        2        2