Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

v3.20.2
Securitization of Receivables (Tables)
9 Months Ended
Sep. 30, 2020
Transfers and Servicing [Abstract]  
Summary of Certain Transactions with Securitization Trusts
The following summarizes certain transactions with securitization trusts: 
  As of and for the nine months ended September 30,
  2020 2019
  (in millions)
Gains on securitizations $ 34  $ 16 
Cost of financial assets securitized 173  560 
Proceeds from securitizations 207  576 
Residual and servicing assets 147  85 
Cash received from residual and servicing assets