Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

v3.23.2
Securitization of Financial Assets (Tables)
6 Months Ended
Jun. 30, 2023
Transfers and Servicing [Abstract]  
Schedule of Certain Transactions with Securitization Trusts
The following summarizes certain transactions with securitization trusts: 
  As of and for the six months ended June 30,
  2023 2022
  (in millions)
Gains on securitizations $ 30  $ 37 
Cost of financial assets securitized 401  242 
Proceeds from securitizations 431  279 
Residual and servicing assets 204  178 
Cash received from residual and servicing assets 10