Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

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Securitization of Receivables (Tables)
9 Months Ended
Sep. 30, 2015
Securitization of Receivables [Abstract]  
Summary of Certain Transactions with Securitization Trusts

The following summarizes certain transactions with our securitization trusts:

 

     For the Nine Months
Ended September 30,
 
     2015      2014  
     (dollars in millions)  

Gains on securitizations

   $ 6       $ 7   

Purchase of receivables securitized

   $ 219       $ 202   

Proceeds from securitizations

   $ 225       $ 209   

Residual and servicing assets included in Other Assets

   $ 9       $ 6   

Cash received from residual and servicing assets

   $ 1       $ 1