Annual report pursuant to Section 13 and 15(d)

Securitization of Financial Assets (Tables)

v3.22.0.1
Securitization of Financial Assets (Tables)
12 Months Ended
Dec. 31, 2021
Transfers and Servicing [Abstract]  
Schedule of Certain Transactions with Securitization Trusts The following summarizes certain transactions with securitization trusts:
  As of and for the year ended December 31,
  2021 2020 2019
  (in millions)
Gains on securitizations $ 68  $ 50  $ 24 
Cost of financial assets securitized 810  292  853 
Proceeds from securitizations 878  342  877 
Residual and servicing assets 210  164  124 
Cash received from residual and servicing assets 18  12