Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

v3.4.0.3
Securitization of Receivables (Tables)
3 Months Ended
Mar. 31, 2016
Transfers and Servicing [Abstract]  
Summary of Certain Transactions with Securitization Trusts

The following summarizes certain transactions with our securitization trusts:

 

     For the Three Months
Ended March 31,
 
     2016      2015  
     (dollars in millions)  

Gains on securitizations

   $ 5       $ 3   

Purchase of receivables securitized

   $ 141       $ 60   

Proceeds from securitizations

   $ 146       $ 63   

Residual and servicing assets included in Other Assets

   $ 11       $ 9   

Cash received from residual and servicing assets

   $ 1       $ 1