Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

v3.22.2.2
Securitization of Financial Assets (Tables)
9 Months Ended
Sep. 30, 2022
Transfers and Servicing [Abstract]  
Schedule of Certain Transactions with Securitization Trusts
The following summarizes certain transactions with securitization trusts: 
  As of and for the nine months ended September 30,
  2022 2021
  (in millions)
Gains on securitizations $ 51  $ 55 
Cost of financial assets securitized 454  665 
Proceeds from securitizations 505  720 
Residual and servicing assets 178  204 
Cash received from residual and servicing assets 11