Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

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

The following summarizes certain transactions with our securitization trusts:

 

     For the Nine Months
Ended September 30,
 
     2016      2015  
     (dollars in millions)  

Gains on securitizations

   $ 13       $ 6   

Purchase of receivables securitized

   $ 394       $ 219   

Proceeds from securitizations

   $ 407       $ 225   

Residual and servicing assets included in Other Assets

   $ 18       $ 9   

Cash received from residual and servicing assets

   $ 2       $ 1