Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

v3.20.1
Securitization of Receivables (Tables)
3 Months Ended
Mar. 31, 2020
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,
 
2020
 
2019
 
(in millions)
Gains on securitizations
$
5

 
$
7

Cost of financial assets securitized
48

 
302

Proceeds from securitizations
53

 
309

Residual and servicing assets
122

 
78

Cash received from residual and servicing assets
1

 
1