Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

v3.5.0.2
Securitization of Receivables (Tables)
6 Months Ended
Jun. 30, 2016
Transfers and Servicing [Abstract]  
Summary of Certain Transactions with Securitization Trusts

The following summarizes certain transactions with our securitization trusts:

 

     For the Six Months
Ended June 30,
 
     2016      2015  
     (dollars in millions)  

Gains on securitizations

   $ 10       $ 4   

Purchase of receivables securitized

   $ 319       $ 96   

Proceeds from securitizations

   $ 329       $ 100   

Residual and servicing assets included in Other Assets

   $ 15       $ 10   

Cash received from residual and servicing assets

   $ 2       $ 1