General Motors Financial (ACF) 10-Q 1 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 31, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Registrant Name	General Motors Financial Company, Inc.
Entity Central Index Key	0000804269
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		5,050,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents	$ 3,594	$ 4,883
Finance receivables, net (Note 3; Note 7 VIEs)	54,788	52,512
Leased vehicles, net (Note 4; Note 7 VIEs)	42,938	43,559
Goodwill	1,188	1,186
Equity in net assets of non-consolidated affiliates (Note 5)	1,446	1,355
Related party receivables (Note 2)	710	729
Other assets (Note 7 VIEs)	6,162	5,696
Total assets	110,826	109,920
Liabilities
Secured debt (Note 6; Note 7 VIEs)	41,047	42,835
Unsecured debt (Note 6)	50,067	48,153
Deferred income	3,695	3,605
Related party payables (Note 2)	71	63
Other liabilities	3,561	3,605
Total liabilities	98,441	98,261
Commitments and contingencies (Note 9)
Shareholders' equity (Note 10)
Common stock, $0.0001 par value per share	0	0
Preferred stock, $0.01 par value per share	0	0
Additional paid-in capital	8,077	8,058
Accumulated other comprehensive loss	(1,034)	(1,066)
Retained earnings	5,342	4,667
Total shareholders' equity	12,385	11,659
Total liabilities and shareholders' equity	$ 110,826	$ 109,920

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Common stock par value per share (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue
Finance charge income	$ 1,008	$ 884	$ 1,995	$ 1,750
Leased vehicle income	2,512	2,497	5,021	4,944
Other income	119	107	243	205
Total revenue	3,639	3,488	7,259	6,899
Costs and expenses
Operating expenses	377	382	747	747
Leased vehicle expenses	1,637	1,684	3,451	3,471
Provision for loan losses (Note 3)	179	128	354	264
Interest expense	952	803	1,899	1,535
Total costs and expenses	3,145	2,997	6,451	6,017
Equity income (Note 5)	42	45	87	97
Income before income taxes	536	536	895	979
Income tax provision (Note 11)	133	94	221	168
Net income	403	442	674	811
Less: cumulative dividends on preferred stock	22	15	45	29
Net income attributable to common shareholder	$ 381	$ 427	$ 629	$ 782

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 403	$ 442	$ 674	$ 811
Other comprehensive (loss) income, net of tax (Note 10)
Unrealized (loss) gain on hedges, net of income tax benefit of $6, $1, $11 and $1	(18)	17	(33)	18
Foreign currency translation adjustment, net of income tax expense (benefit) of $0, $0, $0 and $(1)	8	(245)	65	(186)
Other comprehensive (loss) income, net of tax	(10)	(228)	32	(168)
Comprehensive income	$ 393	$ 214	$ 706	$ 643

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Comprehensive Income (Parentheticals) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Change in value of cash flow hedges, tax (benefit)	$ 6	$ 1	$ 11	$ 1
Translation income (loss), tax	$ 0	$ 0	$ 0	$ (1)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]
Balance at beginning of period at Dec. 31, 2017	$ 10,294	$ 0	$ 0	$ 7,525	$ (768)	$ 3,537
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standards	40					40
Net income	369					369
Other comprehensive income (loss)	60				60
Stock based compensation	16			16
Dividends paid	(30)					(30)
Other	(1)					(1)
Balance at end of period at Mar. 31, 2018	10,748	0	0	7,541	(708)	3,915
Balance at beginning of period at Dec. 31, 2017	10,294	0	0	7,525	(768)	3,537
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	811
Balance at end of period at Jun. 30, 2018	10,976	0	0	7,554	(936)	4,358
Balance at beginning of period at Mar. 31, 2018	10,748	0	0	7,541	(708)	3,915
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	442					442
Other comprehensive income (loss)	(228)				(228)
Stock based compensation	13			13
Other	1					1
Balance at end of period at Jun. 30, 2018	10,976	0	0	7,554	(936)	4,358
Balance at beginning of period at Dec. 31, 2018	11,659	0	0	8,058	(1,066)	4,667
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	271					271
Other comprehensive income (loss)	42				42
Stock based compensation	11			11
Other	1					1
Balance at end of period at Mar. 31, 2019	11,984	0	0	8,069	(1,024)	4,939
Balance at beginning of period at Dec. 31, 2018	11,659	0	0	8,058	(1,066)	4,667
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	674
Balance at end of period at Jun. 30, 2019	12,385	0	0	8,077	(1,034)	5,342
Balance at beginning of period at Mar. 31, 2019	11,984	0	0	8,069	(1,024)	4,939
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	403					403
Other comprehensive income (loss)	(10)				(10)
Stock based compensation	8			8
Balance at end of period at Jun. 30, 2019	$ 12,385	$ 0	$ 0	$ 8,077	$ (1,034)	$ 5,342

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Statement of Cash Flows [Abstract]
Net cash provided by operating activities	$ 4,293	$ 3,565
Cash flows from investing activities
Purchases of retail finance receivables, net	(14,450)	(11,119)
Principal collections and recoveries on retail finance receivables	12,096	7,593
Net funding of commercial finance receivables	(220)	(516)
Purchases of leased vehicles, net	(8,189)	(9,122)
Proceeds from termination of leased vehicles	6,444	5,303
Other investing activities	(30)	(34)
Net cash used in investing activities	(4,349)	(7,895)
Cash flows from financing activities
Net change in debt (original maturities less than three months)	243	695
Borrowings and issuances of secured debt	12,857	12,405
Payments on secured debt	(14,743)	(13,135)
Borrowings and issuances of unsecured debt	6,668	8,431
Payments on unsecured debt	(5,659)	(3,783)
Debt issuance costs	(78)	(92)
Dividends paid	(46)	(30)
Net cash (used in) provided by financing activities	(758)	4,491
Net (decrease) increase in cash, cash equivalents and restricted cash	(814)	161
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	22	(60)
Cash, cash equivalents and restricted cash at beginning of period	7,443	6,567
Cash, cash equivalents and restricted cash at end of period	6,651	6,668
Supplemental Cash Flow Elements [Abstract]
Total	$ 7,443	$ 6,567

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The condensed consolidated financial statements include our accounts and the accounts of our consolidated subsidiaries, including certain special purpose entities (SPEs) utilized in secured financing transactions, which are considered variable interest entities (VIEs). All intercompany balances and transactions have been eliminated in consolidation. The consolidated financial statements, including the notes thereto, are condensed and do not include all disclosures required by generally accepted accounting principles (GAAP) in the U.S. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements that are included in our Annual Report on Form 10–K for the fiscal year ended December 31, 2018, as filed with the Securities and Exchange Commission (SEC) on February 6, 2019 (2018 Form 10–K). Except as otherwise specified, dollar amounts presented within tables are stated in millions. The condensed consolidated financial statements at June 30, 2019 , and for the three and six months ended June 30, 2019 and 2018 , are unaudited and, in management’s opinion, include all adjustments, which consist of normal recurring adjustments and transactions or events discretely impacting the interim periods, considered necessary by management to fairly state our results of operations. The results for interim periods are not necessarily indicative of results for a full year. The condensed consolidated balance sheet at December 31, 2018 was derived from audited annual financial statements. Segment Information We are the wholly-owned captive finance subsidiary of General Motors Company (GM). We offer substantially similar products and services throughout many different regions, subject to local regulations and market conditions. We evaluate our business in two operating segments: North America (the North America Segment) and International (the International Segment). Our North America Segment includes operations in the U.S. and Canada. Our International Segment includes operations in Brazil, Chile, Colombia, Mexico and Peru, as well as our equity investments in joint ventures in China. Recently Adopted Accounting Standards Effective January 1, 2019, we adopted ASU 2016-02, "Leases" (ASU 2016-02) using the optional transition method, resulting in the recognition of right of use assets of $129 million , included in other assets, and lease obligations of $144 million , included in other liabilities on our condensed consolidated balance sheet related to our existing operating leases at January 1, 2019. We elected to apply the package of practical expedients permitted under the transition guidance in the new standard, which allowed us to carry forward our historical lease classification. The accounting for finance leases and leases where we are lessor remained substantially unchanged. The application of ASU 2016-02 had no impact on our condensed consolidated statement of income or condensed consolidated statement of cash flows. The following table summarizes our minimum commitments under noncancelable operating leases having initial terms in excess of one year as of December 31, 2018: Years Ending December 31, 2019 2020 2021 2022 2023 Thereafter Total Minimum commitments $ 27 $ 26 $ 25 $ 23 $ 19 $ 47 $ 167 Refer to Note 9 for information on our operating leases as of June 30, 2019 . As lessor, we have investments in leased vehicles recorded as operating leases. Leased vehicles consist of automobiles leased to customers and are carried at amortized cost less unearned manufacturer subvention payments, which are received up front. Depreciation expense is recorded on a straight-line basis over the term of the lease agreement to the estimated residual value. Manufacturer subvention is earned on a straight-line basis as a reduction to depreciation expense. Generally, the lessee may purchase the leased vehicle at the maturity of the lease by paying the purchase price stated in the lease agreement, which equals the contract residual value determined at origination of the lease, plus any fees and all other amounts owed under the lease. If the lessee decides not to purchase the leased vehicle, the lessee must return it to a dealer by the lease's scheduled lease maturity date. Extensions may be granted to the lessee for up to six months. If the lessee extends the maturity date on their lease agreement, the lessee is responsible for additional monthly payments until the leased vehicle is returned or purchased. Since the lessee is not obligated to purchase the vehicle at the end of the contract, we are exposed to a risk of loss to the extent the customer returns the vehicle prior to or at the end of the lease term and the value of the vehicle is lower than the residual value estimated at inception of the lease. We estimate the expected residual value based on third party data which considers various data points and assumptions including recent auction values, the expected future volume of returning leased vehicles, used vehicle prices, manufacturer incentive programs and fuel prices. Changes in the expected residual value result in increased or decreased depreciation of the leased asset over the remaining term of the lease. Upon disposition, a gain or loss is recorded for any difference between the net book value of the lease and the proceeds from the disposition of the asset, including any insurance proceeds. Under the accounting for impairment or disposal of long-lived assets, vehicles on operating leases are evaluated by asset group for impairment. We aggregate leased vehicles into asset groups based on make, year and model. When asset group indicators of impairment exist and aggregate future cash flows from the operating lease, including the expected realizable fair value of the leased assets at the end of the lease, are less than the book value of the lease asset group, an immediate impairment write-down is recognized if the difference is deemed not recoverable. Accounting Standards Not Yet Adopted In June 2016 the Financial Accounting Standards Board issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" (ASU 2016-13), which requires entities to use a new impairment model based on current expected credit losses (CECL) rather than incurred losses. We plan to adopt ASU 2016-13 on January 1, 2020 on a modified retrospective basis, which will result in an increase to our allowance for credit losses and a decrease to retained earnings as of the adoption date. We are currently testing and refining our risk forecasting models, assumption review processes, corporate governance controls and accounting and financial reporting for our implementation of this standard. Estimated credit losses under CECL will consider relevant information about past events, current conditions and reasonable and supportable forecasts that affect the collectibility of the reported amount, resulting in recognition of lifetime expected credit losses upon loan origination. We expect that our allowance for credit losses will increase under CECL, though the amount of the increase is heavily dependent on the volume, credit mix and seasoning of our loan portfolio.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions We offer loan and lease finance products through GM-franchised dealers to customers purchasing new vehicles manufactured by GM and certain used vehicles and make commercial loans directly to GM-franchised dealers and their affiliates. We also offer commercial loans to dealers that are consolidated by GM and those balances are included in our finance receivables, net. Under subvention programs, GM makes cash payments to us for offering incentivized rates and structures on retail loan and lease finance products. In addition, GM makes cash payments to us to cover interest payments on certain commercial loans. We purchase certain program vehicles from GM subsidiaries. We simultaneously lease these vehicles to those subsidiaries for use primarily in their vehicle-sharing arrangements. We account for these leases as direct-finance leases, sales-type leases or loans depending on the origin of the asset, all of which are included in our finance receivables, net. We periodically purchase finance receivables from other GM subsidiaries for vehicles sold to rental car companies and for vehicles sold to certain dealerships. During the six months ended June 30, 2019 and 2018 , we purchased $442 million and $280 million of these receivables from GM, which are included in our finance receivables, net. We have related party payables due to GM, primarily for commercial finance receivables originated but not yet funded. The following tables present related party transactions: Balance Sheet Data June 30, 2019 December 31, 2018 Commercial finance receivables, net due from dealers consolidated by GM (a) $ 491 $ 445 Finance receivables from GM subsidiaries (a) $ 108 $ 134 Subvention receivable (b) $ 705 $ 727 Commercial loan funding payable (c) $ 66 $ 61 Three Months Ended June 30, Six Months Ended June 30, Income Statement Data 2019 2018 2019 2018 Interest subvention earned on retail finance receivables (d) $ 133 $ 122 $ 264 $ 234 Interest subvention earned on commercial finance receivables (d) $ 14 $ 15 $ 31 $ 33 Leased vehicle subvention earned (e) $ 818 $ 813 $ 1,653 $ 1,611 _________________ (a) Included in finance receivables, net. (b) Included in related party receivables. We received subvention payments from GM of $ 0.9 billion and $1.1 billion for the three months ended June 30, 2019 and 2018 and $2.0 billion and $1.7 billion for the six months ended June 30, 2019 and 2018 . (c) Included in related party payables. (d) Included in finance charge income. (e) Included as a reduction to leased vehicle expenses. Under the support agreement with GM (the Support Agreement), if our earning assets leverage ratio at the end of any calendar quarter exceeds the applicable threshold set in the Support Agreement, we may require GM to provide funding sufficient to bring our earning assets leverage ratio to within the applicable threshold. In determining our earning assets leverage ratio (net earning assets divided by adjusted equity) under the Support Agreement, net earning assets means our finance receivables, net, plus leased vehicles, net, and adjusted equity means our equity, net of goodwill and inclusive of outstanding junior subordinated debt, as each may be adjusted for derivative accounting from time to time. Additionally, the Support Agreement provides that GM will own all of our outstanding voting shares as long as we have any unsecured debt securities outstanding. GM also agrees to certain provisions in the Support Agreement intended to ensure that we maintain adequate access to liquidity. Pursuant to these provisions, GM provides us with a $1.0 billion junior subordinated unsecured intercompany revolving credit facility (the Junior Subordinated Revolving Credit Facility), and GM agrees to use commercially reasonable efforts to ensure that we will continue to be designated as a subsidiary borrower under GM's corporate revolving credit facilities. In April 2019, GM renewed the 364 -day, $2.0 billion facility (the GM Revolving 364 -Day Credit Facility) for an additional 364 -day term. This facility has been allocated for exclusive access by us since April 2018. At June 30, 2019 , we had no amounts borrowed under any of the GM facilities. We are included in GM's consolidated U.S. federal income tax returns and certain U.S. state returns, and we are obligated to pay GM for our share of these tax liabilities. Amounts owed to GM for income taxes are accrued and recorded as a related party payable. At June 30, 2019 and December 31, 2018 , there are no related party taxes payable to GM.

Finance Receivables

Finance Receivables	6 Months Ended
	Jun. 30, 2019
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Finance Receivables	Finance Receivables June 30, 2019 December 31, 2018 Retail finance receivables Retail finance receivables, collectively evaluated for impairment, net of fees $ 40,345 $ 38,354 Retail finance receivables, individually evaluated for impairment, net of fees 2,354 2,348 Total retail finance receivables, net of fees (a) 42,699 40,702 Less: allowance for loan losses - collective (540 ) (523 ) Less: allowance for loan losses - specific (341 ) (321 ) Total retail finance receivables, net 41,818 39,858 Commercial finance receivables Commercial finance receivables, collectively evaluated for impairment, net of fees 12,997 12,680 Commercial finance receivables, individually evaluated for impairment, net of fees 49 41 Total commercial finance receivables, net of fees (b) 13,046 12,721 Less: allowance for loan losses - collective (65 ) (63 ) Less: allowance for loan losses - specific (11 ) (4 ) Total commercial finance receivables, net 12,970 12,654 Total finance receivables, net $ 54,788 $ 52,512 Fair value utilizing Level 2 inputs $ 12,970 $ 12,654 Fair value utilizing Level 3 inputs $ 42,158 $ 39,564 ________________ (a) Net of unearned income, unamortized premiums and discounts, and deferred fees and costs o f $44 million and $53 million at June 30, 2019 and December 31, 2018 . (b) Net of dealer cash management balances of $1.1 billion and $922 million at June 30, 2019 and December 31, 2018 . Rollforward of Allowance for Retail Loan Losses A summary of the activity in the allowance for retail loan losses is as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Allowance for retail loan losses beginning balance $ 862 $ 858 $ 844 $ 889 Provision for loan losses 165 123 343 258 Charge-offs (279 ) (298 ) (586 ) (593 ) Recoveries 132 145 277 268 Foreign currency translation 1 (13 ) 3 (7 ) Allowance for retail loan losses ending balance $ 881 $ 815 $ 881 $ 815 Retail Credit Quality Our retail finance receivables portfolio includes loans made to consumers and businesses to finance the purchase of vehicles for personal and commercial use. We review the credit quality of our retail finance receivables based on customer payment activity. A retail account is considered delinquent if a substantial portion of a scheduled payment has not been received by the date such payment was contractually due. Retail finance receivables are collateralized by vehicle titles and, subject to local laws, we generally have the right to repossess the vehicle in the event the customer defaults on the payment terms of the contract. The following is a consolidated summary of the contractual amounts of delinquent retail finance receivables, which is not significantly different than the recorded investment for such receivables: June 30, 2019 June 30, 2018 Amount Percent of Contractual Amount Due Amount Percent of Contractual Amount Due 31 - 60 days $ 1,083 2.5 % $ 1,178 3.3 % Greater than 60 days 498 1.2 462 1.3 Total finance receivables more than 30 days delinquent 1,581 3.7 1,640 4.6 In repossession 48 0.1 57 0.1 Total finance receivables more than 30 days delinquent or in repossession $ 1,629 3.8 % $ 1,697 4.7 % At June 30, 2019 and December 31, 2018 , the accrual of finance charge income had been suspended on retail finance receivables with contractual amounts due of $838 million and $888 million . Impaired Retail Finance Receivables - TDRs Retail finance receivables that become classified as troubled debt restructurings (TDRs) are separately assessed for impairment. A specific allowance is estimated based on the present value of the expected future cash flows of the receivable discounted at the loan's original effective interest rate. Accounts that become classified as TDRs because of a payment deferral accrue interest at the contractual rate and an additional fee is collected (where permitted) at each time of deferral and recorded as a reduction of accrued interest. No interest or fees are forgiven on a payment deferral to a customer; therefore, there are no additional financial effects of deferred loans becoming classified as TDRs. Accounts in the U.S. in Chapter 13 bankruptcy would have already been placed on non-accrual; therefore, there are no additional financial effects from these loans becoming classified as TDRs. Finance charge income from loans classified as TDRs is accounted for in the same manner as other accruing loans. Cash collections on these loans are allocated according to the same payment hierarchy methodology applied to loans that are not classified as TDRs. The outstanding recorded investment for retail finance receivables that are considered to be TDRs and the related allowance is presented below: June 30, 2019 December 31, 2018 Outstanding recorded investment $ 2,354 $ 2,348 Less: allowance for loan losses (341 ) (321 ) Outstanding recorded investment, net of allowance $ 2,013 $ 2,027 Unpaid principal balance $ 2,382 $ 2,379 Additional information about loans classified as TDRs is presented below: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Average outstanding recorded investment $ 2,344 $ 2,238 $ 2,351 $ 2,253 Finance charge income recognized $ 63 $ 62 $ 131 $ 126 Number of loans classified as TDRs during the period 17,407 19,662 33,939 33,096 Recorded investment of loans classified as TDRs during the period $ 318 $ 360 $ 626 $ 613 The unpaid principal balance, net of recoveries, of loans charged off during the reporting period within 12 months of being modified as a TDR was insignificant for the three and six months ended June 30, 2019 and 2018 . Commercial Credit Quality Our commercial finance receivables consist of dealer financings, primarily for inventory purchases. Proprietary models are used to assign a risk rating to each dealer. We perform periodic credit reviews of each dealership and adjust the dealership's risk rating, if necessary. Dealers in Group VI are subject to additional restrictions on funding, including suspension of lines of credit and liquidation of assets. The following table summarizes the credit risk profile by dealer risk rating of commercial finance receivables: June 30, 2019 December 31, 2018 Amount Percent Amount Percent Group I - Dealers with superior financial metrics $ 1,939 14.9 % $ 2,192 17.2 % Group II - Dealers with strong financial metrics 5,241 40.2 4,500 35.4 Group III - Dealers with fair financial metrics 4,108 31.5 4,292 33.7 Group IV - Dealers with weak financial metrics 1,229 9.4 1,205 9.5 Group V - Dealers warranting special mention due to elevated risks 419 3.2 449 3.5 Group VI - Dealers with loans classified as substandard, doubtful or impaired 110 0.8 83 0.7 Balance at end of period $ 13,046 100.0 % $ 12,721 100.0 % At June 30, 2019 and December 31, 2018 , substantially all of our commercial finance receivables were current with respect to payment status. Commercial finance receivables on non-accrual status were insignificant, and none were classified as TDRs. Activity in the allowance for commercial loan losses was insignificant for the three and six months ended June 30, 2019 and 2018 .

Leased Vehicles

Leased Vehicles	6 Months Ended
	Jun. 30, 2019
Property Subject to or Available for Operating Lease, Net [Abstract]
Leased Vehicles	Leased Vehicles June 30, 2019 December 31, 2018 Leased vehicles $ 64,361 $ 64,928 Manufacturer subvention (9,896 ) (9,934 ) Net capitalized cost 54,465 54,994 Less: accumulated depreciation (11,527 ) (11,435 ) Leased vehicles, net $ 42,938 $ 43,559 The following table summarizes lease payments due to us as lessor under operating leases at June 30, 2019 : Years Ending December 31, 2019 2020 2021 2022 2023 Thereafter Total Lease payments under operating leases $ 3,610 $ 5,396 $ 2,817 $ 629 $ 40 $ 1 $ 12,493

Equity in Net Assets of Non-con

Equity in Net Assets of Non-consolidated Affiliates	6 Months Ended
	Jun. 30, 2019
Noncontrolling Interest [Abstract]
Equity in Net Assets of Non-consolidated Affiliates	Equity in Net Assets of Non-consolidated Affiliates We use the equity method to account for our equity interest in joint ventures . The income of these joint ventures is not consolidated into our financial statements; rather, our proportionate share of the earnings is reflected as equity income. There have been no significant ownership changes in our joint ventures since December 31, 2018. The following table presents certain aggregated operating data of our joint ventures: Three Months Ended June 30, Six Months Ended June 30, Summarized Operating Data 2019 2018 2019 2018 Finance charge income $ 344 $ 315 $ 694 $ 622 Income before income taxes $ 161 $ 171 $ 331 $ 369 Net income $ 121 $ 129 $ 248 $ 277 At June 30, 2019 and December 31, 2018 , we had undistributed earnings of $585 million and $498 million related to our non-consolidated affiliates.

Debt

Debt	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Debt	Debt June 30, 2019 December 31, 2018 Carrying Amount Fair Value Carrying Amount Fair Value Secured debt Revolving credit facilities $ 2,280 $ 2,286 $ 3,410 $ 3,413 Securitization notes payable 38,767 38,987 39,425 39,422 Total secured debt 41,047 41,273 42,835 42,835 Unsecured debt Senior notes 44,864 46,251 42,611 42,015 Credit facilities 1,785 1,783 2,157 2,151 Other unsecured debt 3,418 3,420 3,385 3,390 Total unsecured debt 50,067 51,454 48,153 47,556 Total secured and unsecured debt $ 91,114 $ 92,727 $ 90,988 $ 90,391 Fair value utilizing Level 2 inputs $ 90,699 $ 88,305 Fair value utilizing Level 3 inputs $ 2,028 $ 2,086 Secured Debt Most of the secured debt was issued by VIEs and is repayable only from proceeds related to the underlying pledged assets. Refer to Note 7 for further discussion. During the six months ended June 30, 2019 , we entered into new or renewed credit facilities with a total net additional borrowing capacity of $150 million , and we issued $10.4 billion in aggregate principal amount of securitization notes payable with an initial weighted average interest rate of 2.98% and legal final maturity dates ranging from 2022 to 2026 . Unsecured Debt During the six months ended June 30, 2019 , we issued $5.4 billion in aggregate principal amount of senior notes with an initial weighted average interest rate of 4.20% and maturity dates ranging from 2021 to 2029 . The principal amount outstanding of our commercial paper in the U.S. was $1.0 billion and $1.2 billion at June 30, 2019 and December 31, 2018 . General Motors Financial Company, Inc. is the sole guarantor of its subsidiaries' unsecured debt obligations for which a guarantee is provided. Compliance with Debt Covenants Several of our revolving credit facilities require compliance with certain financial and operational covenants as well as regular reporting to lenders, including providing certain subsidiary financial statements. Certain of our secured debt agreements also contain various covenants, including maintaining portfolio performance ratios as well as limits on deferment levels. Our unsecured debt obligations contain covenants including limitations on our ability to incur certain liens. At June 30, 2019 , we were in compliance with these debt covenants.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2019
Variable Interest Entities [Abstract]
Variable Interest Entities	Variable Interest Entities Securitizations and Credit Facilities The following table summarizes the assets and liabilities related to our consolidated VIEs: June 30, 2019 December 31, 2018 Restricted cash (a) $ 2,588 $ 2,380 Finance receivables, net of fees $ 32,680 $ 32,626 Lease related assets $ 19,404 $ 21,781 Secured debt $ 40,845 $ 42,504 _______________ (a) Included in other assets. These amounts are related to securitization and credit facilities held by consolidated VIEs. Our continuing involvement with these VIEs consists of servicing assets held by the entities and holding residual interests in the entities. We have determined that we are the primary beneficiary of each VIE because we hold both (i) the power to direct the activities of the VIEs that most significantly impact the VIEs' economic performance and (ii) the obligation to absorb losses from and the right to receive benefits of the VIEs that could potentially be significant to the VIEs. We are not required, and do not currently intend, to provide any additional financial support to these VIEs. Liabilities recognized as a result of consolidating these entities generally do not represent claims against us or our other subsidiaries and assets recognized generally are for the benefit of these entities' operations and cannot be used to satisfy our or our other subsidiaries' obligations.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging Activities	Derivative Financial Instruments and Hedging Activities We are exposed to certain risks arising from both our business operations and economic conditions. We manage economic risks, including interest rate risk, primarily by managing the amount, sources, and duration of our assets and liabilities and the use of derivative financial instruments. Specifically, we enter into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. Our derivative financial instruments are used to manage differences in the amount, timing, and duration of our known or expected cash receipts and our known or expected cash payments principally related to our borrowings. Certain of our foreign operations expose us to fluctuations of foreign interest rates and exchange rates. We primarily finance our earning assets with debt in the same currency to minimize the impact to earnings from our exposure to fluctuations in exchange rates. When we use a different currency, these fluctuations may impact the value of our cash receipts and payments in terms of our functional currency. We enter into derivative financial instruments to protect the value or fix the amount of certain assets and liabilities in terms of the relevant functional currency. The table below presents the gross amounts of fair value of our derivative instruments and the associated notional amounts: June 30, 2019 December 31, 2018 Notional Fair Value of Assets (a) Fair Value of Liabilities (a) Notional Fair Value of Assets (a) Fair Value of Liabilities (a) Derivatives designated as hedges Fair value hedges Interest rate swaps $ 13,046 $ 353 $ 38 $ 9,533 $ 42 $ 231 Foreign currency swaps 1,822 37 61 1,829 37 60 Cash flow hedges Interest rate swaps 504 2 2 768 8 — Foreign currency swaps 3,317 30 104 2,075 43 58 Derivatives not designated as hedges Interest rate contracts 88,912 240 378 99,666 372 520 Total (b) $ 107,601 $ 662 $ 583 $ 113,871 $ 502 $ 869 _________________ (a) The gross amounts of the fair value of our assets and liabilities are included in other assets and other liabilities, respectively. Amounts accrued for interest payments in a net receivable position are included in other assets. Amounts accrued for interest payments in a net payable position are included in other liabilities. All our derivatives are categorized within Level 2 of the fair value hierarchy. The fair value for Level 2 instruments was derived using the market approach based on observable market inputs including quoted prices of similar instruments and foreign exchange and interest rate forward curves. (b) We primarily enter into derivative instruments through AmeriCredit Financial Services, Inc. (AFSI); however, our SPEs may also be parties to derivative instruments. Agreements between AFSI and its derivative counterparties include rights of setoff for positions with offsetting values or for collateral held or posted. At June 30, 2019 and December 31, 2018 , the fair value of assets and liabilities available for offset was $353 million and $320 million . At June 30, 2019 and December 31, 2018 , we held $162 million and $30 million and posted $140 million and $451 million of collateral available for netting. The following amounts were recorded in the condensed consolidated balance sheet related to items designated and qualifying as hedged items in fair value hedging relationships: Carrying Amount of Cumulative Amount of Fair Value (a) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 Unsecured debt $ 20,545 $ 17,923 $ (57 ) $ 459 _________________ (a) Includes $208 million and $247 million at June 30, 2019 and December 31, 2018 of adjustments remaining on hedged items for which hedge accounting has been discontinued. The table below presents the effect of our derivative financial instruments in the condensed consolidated statements of income: Income (Losses) Recognized In Income Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Interest Expense (a) Operating Expenses (b) Interest Expense (a) Operating Expenses (b) Interest Expense (a) Operating Expenses (b) Interest Expense (a) Operating Expenses (b) Fair value hedges Hedged items - interest rate swaps $ (313 ) $ — $ 69 $ — $ (523 ) $ — $ 277 $ — Interest rate swaps 285 — (76 ) — 466 — (286 ) — Hedged items - foreign currency swaps — (25 ) — — — 7 — — Foreign currency swaps (15 ) 27 — — (31 ) (4 ) — — Cash flow hedges Interest rate swaps 1 — 3 — 4 — 7 — Foreign currency swaps (21 ) 18 (13 ) (92 ) (39 ) (15 ) (22 ) (68 ) Derivatives not designated as hedges Interest rate contracts (5 ) — (1 ) — (10 ) — 5 — Foreign currency swaps — — (13 ) (109 ) — — (20 ) (87 ) Total $ (68 ) $ 20 $ (31 ) $ (201 ) $ (133 ) $ (12 ) $ (39 ) $ (155 ) _________________ (a) Total interest expense was $952 million and $803 million for the three months ended June 30, 2019 and 2018 and $1.9 billion and $1.5 billion for the six months ended June 30, 2019 and 2018 . (b) Activity is offset by translation activity also recorded in operating expenses related to foreign currency-denominated loans. Total operating expenses were $377 million and $382 million for the three months ended June 30, 2019 and 2018 and $747 million for both the six months ended June 30, 2019 and 2018 . The tables below present the effect of our derivative financial instruments in the condensed consolidated statements of comprehensive income: Gains (Losses) Recognized In Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Fair value hedges Foreign currency swaps $ (9 ) $ — $ (20 ) $ — Cash flow hedges Interest rate swaps (2 ) 1 (2 ) 5 Foreign currency swaps (19 ) (58 ) (71 ) (40 ) Total $ (30 ) $ (57 ) $ (93 ) $ (35 ) (Gains) Losses Reclassified From (a)(b) Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Fair value hedges Foreign currency swaps $ 11 $ — $ 22 $ — Cash flow hedges Interest rate swaps (1 ) — (3 ) (3 ) Foreign currency swaps 2 74 41 56 Total $ 12 $ 74 $ 60 $ 53 _________________ (a) All amounts reclassified from accumulated other comprehensive loss were recorded to interest expense. (b) During the next twelve months, we estimate $14 million will be reclassified into pretax earnings from derivatives designated for hedge accounting.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating Leases Our lease obligations consist primarily of real estate office space. Certain leases contain escalation clauses and renewal options, and generally our leases have no residual value guarantees or material covenants. We exclude from our balance sheet leases with a term equal to one year or less and do not separate non-lease components from our real estate leases. Rent expense under operating leases was $13 million and $18 million for the three and six months ended June 30, 2019 . At June 30, 2019 , operating lease right of use assets, included in other assets, were $138 million and operating lease liabilities, included in other liabilities, were $159 million . Operating lease right of use assets obtained in exchange for lease obligations were $27 million in the six months ended June 30, 2019 . As of June 30, 2019 , our undiscounted future lease obligations related to operating leases having initial terms in excess of one year are $14 million for the six months ended December 31, 2019 and $27 million , $26 million , $24 million , $20 million and $78 million for the years 2020 , 2021 , 2022 , 2023 and thereafter. The weighted average discount rate is 4.4% and the weighted average remaining lease term is 8.0 years as of June 30, 2019 . Imputed interest for operating leases and variable lease costs were insignificant for the three and six months ended June 30, 2019 . Guarantees of Indebtedness At both June 30, 2019 and December 31, 2018 , we guaranteed approximately $1.1 billion in aggregate principal amount of Euro Medium Term Notes issued by General Motors Financial International B.V., our former subsidiary, pursuant to our Euro Medium Term Note Programme. Subject to the terms and conditions of a letter agreement with BNP Paribas in connection with the sale of certain of our European Operations, BNP Paribas will reimburse us for any amount that we may pay under any such guarantees. Legal Proceedings We are subject to various pending and potential legal and regulatory proceedings in the ordinary course of business, including litigation, arbitration, claims, investigations, examinations, subpoenas and enforcement proceedings. Some litigation against us could take the form of class actions. The outcome of these proceedings is inherently uncertain, and thus we cannot confidently predict how or when proceedings will be resolved. An adverse outcome in one or more of these proceedings could result in substantial damages, settlements, fines, penalties, diminished income or reputational harm. We identify below the material proceedings in connection with which we believe a material loss is reasonably possible or probable. In accordance with the current accounting standards for loss contingencies, we establish reserves for legal matters when it is probable that a loss associated with the matter has been incurred and the amount of the loss can be reasonably estimated. The actual costs of resolving legal matters may be higher or lower than any amounts reserved for these matters. At June 30, 2019 , we estimated our reasonably possible legal exposure for unfavorable outcomes is up to $67 million , and we have accrued $23 million . In 2014 and 2015, we were served with investigative subpoenas from various state attorneys general and other governmental offices to produce documents and data relating to our automobile loan and lease business and securitization of loans and leases. We believe that we have cooperated fully with all reasonable requests for information. We are currently unable to estimate any reasonably possible loss or range of loss that may result from these investigations. Other Administrative Tax Matters We accrue non-income tax liabilities for contingencies when management believes that a loss is probable and the amounts can be reasonably estimated, while contingent gains are recognized only when realized. In the event any losses are sustained in excess of accruals, they will be charged against income at that time. In evaluating indirect tax matters, we take into consideration factors such as our historical experience with matters of similar nature, specific facts and circumstances, and the likelihood of prevailing. We reevaluate and update our accruals as matters progress over time. Where there is a reasonable possibility that losses exceeding amounts already recognized may be incurred, our estimate of the additional range of loss is up to $14 million as of June 30, 2019 .

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Stockholders' Equity	Shareholders' Equity June 30, 2019 December 31, 2018 Common Stock Number of shares authorized 10,000,000 10,000,000 Number of shares issued and outstanding 5,050,000 5,050,000 June 30, 2019 December 31, 2018 Preferred Stock Number of shares authorized 250,000,000 250,000,000 Number of shares issued and outstanding Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series A (Series A Preferred Stock) 1,000,000 1,000,000 Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series B (Series B Preferred Stock) 500,000 500,000 During the six months ended June 30, 2019 , we paid dividends of $29 million to holders of record of our Series A Preferred Stock, and $17 million to holders of record of our Series B Preferred Stock. During the six months ended June 30, 2018 , we paid dividends of $30 million to holders of record of our Series A Preferred Stock. The following table summarizes the significant components of accumulated other comprehensive loss: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Unrealized (loss) gain on hedges Beginning balance $ (6 ) $ 17 $ 9 $ 16 Change in value of hedges, net of tax (18 ) 17 (33 ) 18 Ending balance (24 ) 34 (24 ) 34 Defined benefit plans Beginning balance 1 1 1 1 Unrealized gain on subsidiary pension, net of tax — — — — Ending balance 1 1 1 1 Foreign currency translation adjustment Beginning balance (1,019 ) (726 ) (1,076 ) (785 ) Translation gain (loss), net of tax 8 (245 ) 65 (186 ) Ending balance (1,011 ) (971 ) (1,011 ) (971 ) Total accumulated other comprehensive loss $ (1,034 ) $ (936 ) $ (1,034 ) $ (936 )

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For interim income tax reporting we estimate our annual effective tax rate and apply it to our year-to-date ordinary income. Tax jurisdictions with a projected or year-to-date loss for which a tax benefit cannot be realized are excluded from the annualized effective tax rate. The tax effects of unusual or infrequently occurring items, including changes in judgment about valuation allowances and effects of changes in tax laws or rates, are reported in the interim period in which they occur. During the three months ended June 30, 2019 and 2018 , income tax expense of $133 million and $94 million primarily resulted from tax expense attributable to entities included in our effective tax rate calculation. The increase in income tax expense is due primarily to a reduction in our electrical vehicle tax credit. During the six months ended June 30, 2019 and 2018 , income tax expense of $221 million and $168 million primarily resulted from tax expense attributable to entities included in our effective tax rate calculation. The increase in income tax expense is due primarily to a reduction in our electrical vehicle tax credit. We are included in GM’s consolidated U.S. federal income tax return and for certain states’ income tax returns. Net operating losses and certain tax credits generated by us have been utilized by GM; however, income tax expense and deferred tax balances are presented in these financial statements as if we filed our own tax returns in each jurisdiction.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting Our chief operating decision maker evaluates the operating results and performance of our business based on our North America and International Segments. The management of each segment is responsible for executing our strategies. Key operating data for our operating segments were as follows: Three Months Ended June 30, 2019 Three Months Ended June 30, 2018 North International Total North International Total Total revenue $ 3,332 $ 307 $ 3,639 $ 3,180 $ 308 $ 3,488 Operating expenses 281 96 377 276 106 382 Leased vehicle expenses 1,627 10 1,637 1,675 9 1,684 Provision for loan losses 142 37 179 90 38 128 Interest expense 831 121 952 685 118 803 Equity income — 42 42 — 45 45 Income before income taxes $ 451 $ 85 $ 536 $ 454 $ 82 $ 536 Six Months Ended June 30, 2019 Six Months Ended June 30, 2018 North International Total North International Total Total revenue $ 6,638 $ 621 $ 7,259 $ 6,265 $ 634 $ 6,899 Operating expenses 557 190 747 547 200 747 Leased vehicle expenses 3,430 21 3,451 3,453 18 3,471 Provision for loan losses 281 73 354 187 77 264 Interest expense 1,654 245 1,899 1,282 253 1,535 Equity income — 87 87 — 97 97 Income before income taxes $ 716 $ 179 $ 895 $ 796 $ 183 $ 979 June 30, 2019 December 31, 2018 North International Total North International Total Finance receivables, net $ 47,984 $ 6,804 $ 54,788 $ 45,711 $ 6,801 $ 52,512 Leased vehicles, net $ 42,770 $ 168 $ 42,938 $ 43,396 $ 163 $ 43,559 Total assets $ 101,147 $ 9,679 $ 110,826 $ 100,176 $ 9,744 $ 109,920

Regulatory Capital and Other Re

Regulatory Capital and Other Regulatory Matters	6 Months Ended
	Jun. 30, 2019
Regulatory Capital and Other Regulatory Matters [Abstract]
Regulatory Capital and Other Regulatory Matters	Regulatory Capital and Other Regulatory Matters We are required to comply with a wide variety of laws and regulations. Certain of our entities operate in international markets as either banks or regulated finance companies that are subject to regulatory restrictions. These regulatory restrictions, among other things, require that certain of these entities meet minimum capital requirements and may restrict dividend distributions and ownership of certain assets. We were in compliance with all regulatory capital requirements as most recently reported. Total assets of our regulated international banks and finance companies were approximately $7.7 billion and $7.9 billion at June 30, 2019 and December 31, 2018 .

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The condensed consolidated financial statements include our accounts and the accounts of our consolidated subsidiaries, including certain special purpose entities (SPEs) utilized in secured financing transactions, which are considered variable interest entities (VIEs). All intercompany balances and transactions have been eliminated in consolidation. The consolidated financial statements, including the notes thereto, are condensed and do not include all disclosures required by generally accepted accounting principles (GAAP) in the U.S. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements that are included in our Annual Report on Form 10–K for the fiscal year ended December 31, 2018, as filed with the Securities and Exchange Commission (SEC) on February 6, 2019 (2018 Form 10–K). Except as otherwise specified, dollar amounts presented within tables are stated in millions. The condensed consolidated financial statements at June 30, 2019 , and for the three and six months ended June 30, 2019 and 2018 , are unaudited and, in management’s opinion, include all adjustments, which consist of normal recurring adjustments and transactions or events discretely impacting the interim periods, considered necessary by management to fairly state our results of operations. The results for interim periods are not necessarily indicative of results for a full year. The condensed consolidated balance sheet at December 31, 2018 was derived from audited annual financial statements.
Segment Information	Segment Information We are the wholly-owned captive finance subsidiary of General Motors Company (GM). We offer substantially similar products and services throughout many different regions, subject to local regulations and market conditions. We evaluate our business in two operating segments: North America (the North America Segment) and International (the International Segment). Our North America Segment includes operations in the U.S. and Canada. Our International Segment includes operations in Brazil, Chile, Colombia, Mexico and Peru, as well as our equity investments in joint ventures in China.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Effective January 1, 2019, we adopted ASU 2016-02, "Leases" (ASU 2016-02) using the optional transition method, resulting in the recognition of right of use assets of $129 million , included in other assets, and lease obligations of $144 million , included in other liabilities on our condensed consolidated balance sheet related to our existing operating leases at January 1, 2019. We elected to apply the package of practical expedients permitted under the transition guidance in the new standard, which allowed us to carry forward our historical lease classification. The accounting for finance leases and leases where we are lessor remained substantially unchanged. The application of ASU 2016-02 had no impact on our condensed consolidated statement of income or condensed consolidated statement of cash flows. The following table summarizes our minimum commitments under noncancelable operating leases having initial terms in excess of one year as of December 31, 2018: Years Ending December 31, 2019 2020 2021 2022 2023 Thereafter Total Minimum commitments $ 27 $ 26 $ 25 $ 23 $ 19 $ 47 $ 167 Refer to Note 9 for information on our operating leases as of June 30, 2019 . As lessor, we have investments in leased vehicles recorded as operating leases. Leased vehicles consist of automobiles leased to customers and are carried at amortized cost less unearned manufacturer subvention payments, which are received up front. Depreciation expense is recorded on a straight-line basis over the term of the lease agreement to the estimated residual value. Manufacturer subvention is earned on a straight-line basis as a reduction to depreciation expense. Generally, the lessee may purchase the leased vehicle at the maturity of the lease by paying the purchase price stated in the lease agreement, which equals the contract residual value determined at origination of the lease, plus any fees and all other amounts owed under the lease. If the lessee decides not to purchase the leased vehicle, the lessee must return it to a dealer by the lease's scheduled lease maturity date. Extensions may be granted to the lessee for up to six months. If the lessee extends the maturity date on their lease agreement, the lessee is responsible for additional monthly payments until the leased vehicle is returned or purchased. Since the lessee is not obligated to purchase the vehicle at the end of the contract, we are exposed to a risk of loss to the extent the customer returns the vehicle prior to or at the end of the lease term and the value of the vehicle is lower than the residual value estimated at inception of the lease. We estimate the expected residual value based on third party data which considers various data points and assumptions including recent auction values, the expected future volume of returning leased vehicles, used vehicle prices, manufacturer incentive programs and fuel prices. Changes in the expected residual value result in increased or decreased depreciation of the leased asset over the remaining term of the lease. Upon disposition, a gain or loss is recorded for any difference between the net book value of the lease and the proceeds from the disposition of the asset, including any insurance proceeds. Under the accounting for impairment or disposal of long-lived assets, vehicles on operating leases are evaluated by asset group for impairment. We aggregate leased vehicles into asset groups based on make, year and model. When asset group indicators of impairment exist and aggregate future cash flows from the operating lease, including the expected realizable fair value of the leased assets at the end of the lease, are less than the book value of the lease asset group, an immediate impairment write-down is recognized if the difference is deemed not recoverable. Accounting Standards Not Yet Adopted In June 2016 the Financial Accounting Standards Board issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" (ASU 2016-13), which requires entities to use a new impairment model based on current expected credit losses (CECL) rather than incurred losses. We plan to adopt ASU 2016-13 on January 1, 2020 on a modified retrospective basis, which will result in an increase to our allowance for credit losses and a decrease to retained earnings as of the adoption date. We are currently testing and refining our risk forecasting models, assumption review processes, corporate governance controls and accounting and financial reporting for our implementation of this standard. Estimated credit losses under CECL will consider relevant information about past events, current conditions and reasonable and supportable forecasts that affect the collectibility of the reported amount, resulting in recognition of lifetime expected credit losses upon loan origination. We expect that our allowance for credit losses will increase under CECL, though the amount of the increase is heavily dependent on the volume, credit mix and seasoning of our loan portfolio.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	The following table summarizes our minimum commitments under noncancelable operating leases having initial terms in excess of one year as of December 31, 2018: Years Ending December 31, 2019 2020 2021 2022 2023 Thereafter Total Minimum commitments $ 27 $ 26 $ 25 $ 23 $ 19 $ 47 $ 167

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following tables present related party transactions: Balance Sheet Data June 30, 2019 December 31, 2018 Commercial finance receivables, net due from dealers consolidated by GM (a) $ 491 $ 445 Finance receivables from GM subsidiaries (a) $ 108 $ 134 Subvention receivable (b) $ 705 $ 727 Commercial loan funding payable (c) $ 66 $ 61 Three Months Ended June 30, Six Months Ended June 30, Income Statement Data 2019 2018 2019 2018 Interest subvention earned on retail finance receivables (d) $ 133 $ 122 $ 264 $ 234 Interest subvention earned on commercial finance receivables (d) $ 14 $ 15 $ 31 $ 33 Leased vehicle subvention earned (e) $ 818 $ 813 $ 1,653 $ 1,611 _________________ (a) Included in finance receivables, net. (b) Included in related party receivables. We received subvention payments from GM of $ 0.9 billion and $1.1 billion for the three months ended June 30, 2019 and 2018 and $2.0 billion and $1.7 billion for the six months ended June 30, 2019 and 2018 . (c) Included in related party payables. (d) Included in finance charge income. (e) Included as a reduction to leased vehicle expenses.

Finance Receivables (Tables)

Finance Receivables (Tables)	6 Months Ended
	Jun. 30, 2019
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Finance Receivables, Net	June 30, 2019 December 31, 2018 Retail finance receivables Retail finance receivables, collectively evaluated for impairment, net of fees $ 40,345 $ 38,354 Retail finance receivables, individually evaluated for impairment, net of fees 2,354 2,348 Total retail finance receivables, net of fees (a) 42,699 40,702 Less: allowance for loan losses - collective (540 ) (523 ) Less: allowance for loan losses - specific (341 ) (321 ) Total retail finance receivables, net 41,818 39,858 Commercial finance receivables Commercial finance receivables, collectively evaluated for impairment, net of fees 12,997 12,680 Commercial finance receivables, individually evaluated for impairment, net of fees 49 41 Total commercial finance receivables, net of fees (b) 13,046 12,721 Less: allowance for loan losses - collective (65 ) (63 ) Less: allowance for loan losses - specific (11 ) (4 ) Total commercial finance receivables, net 12,970 12,654 Total finance receivables, net $ 54,788 $ 52,512 Fair value utilizing Level 2 inputs $ 12,970 $ 12,654 Fair value utilizing Level 3 inputs $ 42,158 $ 39,564 ________________ (a) Net of unearned income, unamortized premiums and discounts, and deferred fees and costs o f $44 million and $53 million at June 30, 2019 and December 31, 2018 . (b) Net of dealer cash management balances of $1.1 billion and $922 million at June 30, 2019 and December 31, 2018 .
Allowance for Credit Losses on Financing Receivables	A summary of the activity in the allowance for retail loan losses is as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Allowance for retail loan losses beginning balance $ 862 $ 858 $ 844 $ 889 Provision for loan losses 165 123 343 258 Charge-offs (279 ) (298 ) (586 ) (593 ) Recoveries 132 145 277 268 Foreign currency translation 1 (13 ) 3 (7 ) Allowance for retail loan losses ending balance $ 881 $ 815 $ 881 $ 815
Past Due Financing Receivables	The following is a consolidated summary of the contractual amounts of delinquent retail finance receivables, which is not significantly different than the recorded investment for such receivables: June 30, 2019 June 30, 2018 Amount Percent of Contractual Amount Due Amount Percent of Contractual Amount Due 31 - 60 days $ 1,083 2.5 % $ 1,178 3.3 % Greater than 60 days 498 1.2 462 1.3 Total finance receivables more than 30 days delinquent 1,581 3.7 1,640 4.6 In repossession 48 0.1 57 0.1 Total finance receivables more than 30 days delinquent or in repossession $ 1,629 3.8 % $ 1,697 4.7 %
Troubled Debt Restructurings on Financing Receivables	The outstanding recorded investment for retail finance receivables that are considered to be TDRs and the related allowance is presented below: June 30, 2019 December 31, 2018 Outstanding recorded investment $ 2,354 $ 2,348 Less: allowance for loan losses (341 ) (321 ) Outstanding recorded investment, net of allowance $ 2,013 $ 2,027 Unpaid principal balance $ 2,382 $ 2,379 Additional information about loans classified as TDRs is presented below: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Average outstanding recorded investment $ 2,344 $ 2,238 $ 2,351 $ 2,253 Finance charge income recognized $ 63 $ 62 $ 131 $ 126 Number of loans classified as TDRs during the period 17,407 19,662 33,939 33,096 Recorded investment of loans classified as TDRs during the period $ 318 $ 360 $ 626 $ 613
Financing Receivable Credit Quality Indicators for Commercial Lending	The following table summarizes the credit risk profile by dealer risk rating of commercial finance receivables: June 30, 2019 December 31, 2018 Amount Percent Amount Percent Group I - Dealers with superior financial metrics $ 1,939 14.9 % $ 2,192 17.2 % Group II - Dealers with strong financial metrics 5,241 40.2 4,500 35.4 Group III - Dealers with fair financial metrics 4,108 31.5 4,292 33.7 Group IV - Dealers with weak financial metrics 1,229 9.4 1,205 9.5 Group V - Dealers warranting special mention due to elevated risks 419 3.2 449 3.5 Group VI - Dealers with loans classified as substandard, doubtful or impaired 110 0.8 83 0.7 Balance at end of period $ 13,046 100.0 % $ 12,721 100.0 %

Leased Vehicles (Tables)

Leased Vehicles (Tables)	6 Months Ended
	Jun. 30, 2019
Property Subject to or Available for Operating Lease, Net [Abstract]
Summary of Leased Vehicles	June 30, 2019 December 31, 2018 Leased vehicles $ 64,361 $ 64,928 Manufacturer subvention (9,896 ) (9,934 ) Net capitalized cost 54,465 54,994 Less: accumulated depreciation (11,527 ) (11,435 ) Leased vehicles, net $ 42,938 $ 43,559
Schedule of Future Minimum Rental Payments Receivable For Operating Leases	The following table summarizes lease payments due to us as lessor under operating leases at June 30, 2019 : Years Ending December 31, 2019 2020 2021 2022 2023 Thereafter Total Lease payments under operating leases $ 3,610 $ 5,396 $ 2,817 $ 629 $ 40 $ 1 $ 12,493

Equity in Net Assets of Non-c_2

Equity in Net Assets of Non-consolidated Affiliates (Tables)	6 Months Ended
	Jun. 30, 2019
Noncontrolling Interest [Abstract]
Summarized Financial Data of Nonconsolidated Affiliates	The following table presents certain aggregated operating data of our joint ventures: Three Months Ended June 30, Six Months Ended June 30, Summarized Operating Data 2019 2018 2019 2018 Finance charge income $ 344 $ 315 $ 694 $ 622 Income before income taxes $ 161 $ 171 $ 331 $ 369 Net income $ 121 $ 129 $ 248 $ 277

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Schedule of Debt	June 30, 2019 December 31, 2018 Carrying Amount Fair Value Carrying Amount Fair Value Secured debt Revolving credit facilities $ 2,280 $ 2,286 $ 3,410 $ 3,413 Securitization notes payable 38,767 38,987 39,425 39,422 Total secured debt 41,047 41,273 42,835 42,835 Unsecured debt Senior notes 44,864 46,251 42,611 42,015 Credit facilities 1,785 1,783 2,157 2,151 Other unsecured debt 3,418 3,420 3,385 3,390 Total unsecured debt 50,067 51,454 48,153 47,556 Total secured and unsecured debt $ 91,114 $ 92,727 $ 90,988 $ 90,391 Fair value utilizing Level 2 inputs $ 90,699 $ 88,305 Fair value utilizing Level 3 inputs $ 2,028 $ 2,086

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2019
Securitization and Credit Facility VIEs [Member]
Variable Interest Entity [Line Items]
Schedule of Variable Interest Entities	The following table summarizes the assets and liabilities related to our consolidated VIEs: June 30, 2019 December 31, 2018 Restricted cash (a) $ 2,588 $ 2,380 Finance receivables, net of fees $ 32,680 $ 32,626 Lease related assets $ 19,404 $ 21,781 Secured debt $ 40,845 $ 42,504 _______________ (a) Included in other assets.

Derivative Financial Instrume_2

Derivative Financial Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The table below presents the gross amounts of fair value of our derivative instruments and the associated notional amounts: June 30, 2019 December 31, 2018 Notional Fair Value of Assets (a) Fair Value of Liabilities (a) Notional Fair Value of Assets (a) Fair Value of Liabilities (a) Derivatives designated as hedges Fair value hedges Interest rate swaps $ 13,046 $ 353 $ 38 $ 9,533 $ 42 $ 231 Foreign currency swaps 1,822 37 61 1,829 37 60 Cash flow hedges Interest rate swaps 504 2 2 768 8 — Foreign currency swaps 3,317 30 104 2,075 43 58 Derivatives not designated as hedges Interest rate contracts 88,912 240 378 99,666 372 520 Total (b) $ 107,601 $ 662 $ 583 $ 113,871 $ 502 $ 869 _________________ (a) The gross amounts of the fair value of our assets and liabilities are included in other assets and other liabilities, respectively. Amounts accrued for interest payments in a net receivable position are included in other assets. Amounts accrued for interest payments in a net payable position are included in other liabilities. All our derivatives are categorized within Level 2 of the fair value hierarchy. The fair value for Level 2 instruments was derived using the market approach based on observable market inputs including quoted prices of similar instruments and foreign exchange and interest rate forward curves. (b) We primarily enter into derivative instruments through AmeriCredit Financial Services, Inc. (AFSI); however, our SPEs may also be parties to derivative instruments. Agreements between AFSI and its derivative counterparties include rights of setoff for positions with offsetting values or for collateral held or posted. At June 30, 2019 and December 31, 2018 , the fair value of assets and liabilities available for offset was $353 million and $320 million . At June 30, 2019 and December 31, 2018 , we held $162 million and $30 million and posted $140 million and $451 million of collateral available for netting.
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The following amounts were recorded in the condensed consolidated balance sheet related to items designated and qualifying as hedged items in fair value hedging relationships: Carrying Amount of Cumulative Amount of Fair Value (a) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 Unsecured debt $ 20,545 $ 17,923 $ (57 ) $ 459 _________________ (a) Includes $208 million and $247 million at June 30, 2019 and December 31, 2018 of adjustments remaining on hedged items for which hedge accounting has been discontinued.
Effect of Derivative Instruments on the Condensed Consolidated Statements of Income	The table below presents the effect of our derivative financial instruments in the condensed consolidated statements of income: Income (Losses) Recognized In Income Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Interest Expense (a) Operating Expenses (b) Interest Expense (a) Operating Expenses (b) Interest Expense (a) Operating Expenses (b) Interest Expense (a) Operating Expenses (b) Fair value hedges Hedged items - interest rate swaps $ (313 ) $ — $ 69 $ — $ (523 ) $ — $ 277 $ — Interest rate swaps 285 — (76 ) — 466 — (286 ) — Hedged items - foreign currency swaps — (25 ) — — — 7 — — Foreign currency swaps (15 ) 27 — — (31 ) (4 ) — — Cash flow hedges Interest rate swaps 1 — 3 — 4 — 7 — Foreign currency swaps (21 ) 18 (13 ) (92 ) (39 ) (15 ) (22 ) (68 ) Derivatives not designated as hedges Interest rate contracts (5 ) — (1 ) — (10 ) — 5 — Foreign currency swaps — — (13 ) (109 ) — — (20 ) (87 ) Total $ (68 ) $ 20 $ (31 ) $ (201 ) $ (133 ) $ (12 ) $ (39 ) $ (155 ) _________________ (a) Total interest expense was $952 million and $803 million for the three months ended June 30, 2019 and 2018 and $1.9 billion and $1.5 billion for the six months ended June 30, 2019 and 2018 . (b) Activity is offset by translation activity also recorded in operating expenses related to foreign currency-denominated loans. Total operating expenses were $377 million and $382 million for the three months ended June 30, 2019 and 2018 and $747 million for both the six months ended June 30, 2019 and 2018 . The tables below present the effect of our derivative financial instruments in the condensed consolidated statements of comprehensive income: Gains (Losses) Recognized In Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Fair value hedges Foreign currency swaps $ (9 ) $ — $ (20 ) $ — Cash flow hedges Interest rate swaps (2 ) 1 (2 ) 5 Foreign currency swaps (19 ) (58 ) (71 ) (40 ) Total $ (30 ) $ (57 ) $ (93 ) $ (35 ) (Gains) Losses Reclassified From (a)(b) Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Fair value hedges Foreign currency swaps $ 11 $ — $ 22 $ — Cash flow hedges Interest rate swaps (1 ) — (3 ) (3 ) Foreign currency swaps 2 74 41 56 Total $ 12 $ 74 $ 60 $ 53 _________________ (a) All amounts reclassified from accumulated other comprehensive loss were recorded to interest expense. (b) During the next twelve months, we estimate $14 million will be reclassified into pretax earnings from derivatives designated for hedge accounting.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Summary of Common and Preferred Stock	June 30, 2019 December 31, 2018 Common Stock Number of shares authorized 10,000,000 10,000,000 Number of shares issued and outstanding 5,050,000 5,050,000 June 30, 2019 December 31, 2018 Preferred Stock Number of shares authorized 250,000,000 250,000,000 Number of shares issued and outstanding Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series A (Series A Preferred Stock) 1,000,000 1,000,000 Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series B (Series B Preferred Stock) 500,000 500,000
Schedule of Accumulated Other Comprehensive Loss	The following table summarizes the significant components of accumulated other comprehensive loss: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Unrealized (loss) gain on hedges Beginning balance $ (6 ) $ 17 $ 9 $ 16 Change in value of hedges, net of tax (18 ) 17 (33 ) 18 Ending balance (24 ) 34 (24 ) 34 Defined benefit plans Beginning balance 1 1 1 1 Unrealized gain on subsidiary pension, net of tax — — — — Ending balance 1 1 1 1 Foreign currency translation adjustment Beginning balance (1,019 ) (726 ) (1,076 ) (785 ) Translation gain (loss), net of tax 8 (245 ) 65 (186 ) Ending balance (1,011 ) (971 ) (1,011 ) (971 ) Total accumulated other comprehensive loss $ (1,034 ) $ (936 ) $ (1,034 ) $ (936 )

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Key operating data for our operating segments were as follows: Three Months Ended June 30, 2019 Three Months Ended June 30, 2018 North International Total North International Total Total revenue $ 3,332 $ 307 $ 3,639 $ 3,180 $ 308 $ 3,488 Operating expenses 281 96 377 276 106 382 Leased vehicle expenses 1,627 10 1,637 1,675 9 1,684 Provision for loan losses 142 37 179 90 38 128 Interest expense 831 121 952 685 118 803 Equity income — 42 42 — 45 45 Income before income taxes $ 451 $ 85 $ 536 $ 454 $ 82 $ 536 Six Months Ended June 30, 2019 Six Months Ended June 30, 2018 North International Total North International Total Total revenue $ 6,638 $ 621 $ 7,259 $ 6,265 $ 634 $ 6,899 Operating expenses 557 190 747 547 200 747 Leased vehicle expenses 3,430 21 3,451 3,453 18 3,471 Provision for loan losses 281 73 354 187 77 264 Interest expense 1,654 245 1,899 1,282 253 1,535 Equity income — 87 87 — 97 97 Income before income taxes $ 716 $ 179 $ 895 $ 796 $ 183 $ 979 June 30, 2019 December 31, 2018 North International Total North International Total Finance receivables, net $ 47,984 $ 6,804 $ 54,788 $ 45,711 $ 6,801 $ 52,512 Leased vehicles, net $ 42,770 $ 168 $ 42,938 $ 43,396 $ 163 $ 43,559 Total assets $ 101,147 $ 9,679 $ 110,826 $ 100,176 $ 9,744 $ 109,920

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) $ in Millions	Jan. 01, 2019USD ($)	Mar. 31, 2018USD ($)	Jun. 30, 2019segment
Accounting Policies [Abstract]
Number of operating segments | segment			2
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adoption of accounting standards		$ 40
Right-of-Use Assets [Member] | Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adoption of accounting standards	$ 129
Lease Obligations [Member] | Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adoption of accounting standards	$ 144

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Noncancelable Operating Lease (Details) $ in Millions	Dec. 31, 2018USD ($)
Accounting Policies [Abstract]
2019	$ 27
2020	26
2021	25
2022	23
2023	19
Thereafter	47
Total	$ 167

Related Party Transactions - Tr

Related Party Transactions - Transactions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Subvention receivable	$ 705		$ 705		$ 727
Leased vehicle subvention earned	818	$ 813	1,653	$ 1,611
Affiliated Entity [Member] | Retail Finance Receivables [Member]
Related Party Transaction [Line Items]
Finance receivables, net due	108		108		134
Interest subvention earned	133	122	264	234
Affiliated Entity [Member] | Commercial Finance Receivables [Member]
Related Party Transaction [Line Items]
Finance receivables, net due	491		491		445
Commercial loan funding payable	66		66		$ 61
Interest subvention earned	14	15	31	33
Parent Company [Member]
Related Party Transaction [Line Items]
Revenue from related parties	$ 900	$ 1,100	$ 2,000	$ 1,700

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($)	1 Months Ended	6 Months Ended		12 Months Ended
	Apr. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Tax expense due to related party		$ 0		$ 0
Junior Subordinated Revolving Credit Facility [Member] | General Motors [Member]
Related Party Transaction [Line Items]
Line of credit facilities - GM Related party facility		1,000,000,000
Line of Credit [Member] | Three Hundred and Sixty-Four Day Revolving Credit Facilities [Member] | General Motors [Member]
Related Party Transaction [Line Items]
Debt instrument term	364 days
Maximum borrowing capacity	$ 2,000,000,000
Debt instrument renewal term	364 days
Purchase of Retail Finance Receivables [Member] | Parent Company [Member]
Related Party Transaction [Line Items]
Related party purchases		$ 442,000,000	$ 280,000,000

Finance Receivables - Narrative

Finance Receivables - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Retail Finance Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrual of finance charge income	$ 838	$ 888

Finance Receivables - Finance R

Finance Receivables - Finance Receivables, net (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance receivables, net	$ 54,788	$ 52,512
Level 2 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fair value utilizing inputs	12,970	12,654
Level 3 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fair value utilizing inputs	42,158	39,564
Commercial Finance Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables	13,046	12,721
Automobile Loan [Member] | Retail Finance Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collectively evaluated for impairment, net of fees	40,345	38,354
Individually evaluated for impairment, net of fees	2,354	2,348
Total finance receivables	42,699	40,702
Less: allowance for loan losses - collective	(540)	(523)
Less: allowance for loan losses - specific	(341)	(321)
Total finance receivables, net	41,818	39,858
Deferred income	44	53
Automobile Loan [Member] | Commercial Finance Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collectively evaluated for impairment, net of fees	12,997	12,680
Individually evaluated for impairment, net of fees	49	41
Total finance receivables	13,046	12,721
Less: allowance for loan losses - collective	(65)	(63)
Less: allowance for loan losses - specific	(11)	(4)
Total finance receivables, net	12,970	12,654
Dealer cash management balances	$ 1,100	$ 922

Finance Receivables - Allowance

Finance Receivables - Allowance for Loan Losses (Details) - Retail Finance Receivables [Member] - Automobile Loan [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for retail loan losses beginning balance	$ 862	$ 858	$ 844	$ 889
Provision for loan losses	165	123	343	258
Charge-offs	(279)	(298)	(586)	(593)
Recoveries	132	145	277	268
Foreign currency translation	1	(13)	3	(7)
Allowance for retail loan losses ending balance	$ 881	$ 815	$ 881	$ 815

Finance Receivables - Delinquen

Finance Receivables - Delinquency (Details) - Retail Finance Receivables [Member] - Automobile Loan [Member] - USD ($) $ in Millions	Jun. 30, 2019	Jun. 30, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable past due	$ 1,581	$ 1,640
Financing receivable past due (percent)	3.70%	4.60%
In repossession	$ 48	$ 57
In repossession (percent)	0.10%	0.10%
Total finance receivables more than 30 days delinquent or in repossession	$ 1,629	$ 1,697
Total finance receivables more than 30 days delinquent or in repossession (percent)	3.80%	4.70%
31 to 60 Days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable past due	$ 1,083	$ 1,178
Financing receivable past due (percent)	2.50%	3.30%
Greater Than 60 Days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable past due	$ 498	$ 462
Financing receivable past due (percent)	1.20%	1.30%

Finance Receivables - Troubled

Finance Receivables - Troubled Debt Restructurings (Details) - Retail Finance Receivables [Member] - Automobile Loan [Member] $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)loan	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)loan	Dec. 31, 2018USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding recorded investment	$ 2,354		$ 2,354		$ 2,348
Less: allowance for loan losses	(341)		(341)		(321)
Outstanding recorded investment, net of allowance	2,013		2,013		2,027
Unpaid principal balance	2,382		2,382		$ 2,379
Average outstanding recorded investment	2,344	$ 2,238	2,351	$ 2,253
Finance charge income recognized	$ 63	$ 62	$ 131	$ 126
Number of loans classified as TDRs during the period | loan	17,407	19,662	33,939	33,096
Recorded investment of loans classified as TDRs during the period	$ 318	$ 360	$ 626	$ 613

Finance Receivables - Credit Ri

Finance Receivables - Credit Risk Profile by Dealer (Details) - Commercial Finance Receivables [Member] - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 13,046	$ 12,721
Percent of portfolio	100.00%	100.00%
Group I [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 1,939	$ 2,192
Percent of portfolio	14.90%	17.20%
Group II [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 5,241	$ 4,500
Percent of portfolio	40.20%	35.40%
Group III [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 4,108	$ 4,292
Percent of portfolio	31.50%	33.70%
Group IV [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 1,229	$ 1,205
Percent of portfolio	9.40%	9.50%
Group V [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 419	$ 449
Percent of portfolio	3.20%	3.50%
Group VI [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 110	$ 83
Percent of portfolio	0.80%	0.70%

Leased Vehicles - Summary of Le

Leased Vehicles - Summary of Leased Vehicles (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Property Subject to or Available for Operating Lease, Net [Abstract]
Leased vehicles	$ 64,361	$ 64,928
Manufacturer subvention	(9,896)	(9,934)
Net capitalized cost	54,465	54,994
Less: accumulated depreciation	(11,527)	(11,435)
Leased vehicles, net	$ 42,938	$ 43,559

Leased Vehicles - Minimum Renta

Leased Vehicles - Minimum Rental Payments (Details) $ in Millions	Jun. 30, 2019USD ($)
Operating Leases, Future Minimum Payments Receivable [Abstract]
2019	$ 3,610
2020	5,396
2021	2,817
2022	629
2023	40
Thereafter	1
Total	$ 12,493

Restricted Cash (Details)

Restricted Cash (Details) $ in Millions	Jun. 30, 2019USD ($)
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash included in other assets	$ 3,057

Equity in Net Assets of Non-c_3

Equity in Net Assets of Non-consolidated Affiliates (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Noncontrolling Interest [Line Items]
Net income	$ 42	$ 45	$ 87	$ 97
Joint Ventures [Member]
Noncontrolling Interest [Line Items]
Finance charge income	344	315	694	622
Income before income taxes	161	171	331	369
Net income	121	$ 129	248	$ 277
Undistributed earnings	$ 585		$ 585		$ 498

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Short Term and Long Term Debt [Line Items]
Secured debt	$ 41,047	$ 42,835
Unsecured debt	50,067	48,153
Total secured and unsecured debt	91,114	90,988
Secured debt fair value	41,273	42,835
Unsecured debt fair value	51,454	47,556
Fair value of Secured and Unsecured debt	92,727	90,391
Level 2 [Member]
Short Term and Long Term Debt [Line Items]
Fair value of Secured and Unsecured debt	90,699	88,305
Level 3 [Member]
Short Term and Long Term Debt [Line Items]
Fair value of Secured and Unsecured debt	2,028	2,086
Revolving Credit Facility [Member]
Short Term and Long Term Debt [Line Items]
Secured debt	2,280	3,410
Unsecured debt	1,785	2,157
Secured debt fair value	2,286	3,413
Unsecured debt fair value	1,783	2,151
Securitization Notes Payable [Member]
Short Term and Long Term Debt [Line Items]
Secured debt	38,767	39,425
Secured debt fair value	38,987	39,422
Senior Notes [Member]
Short Term and Long Term Debt [Line Items]
Unsecured debt	44,864	42,611
Unsecured debt fair value	46,251	42,015
Other Unsecured Debt [Member]
Short Term and Long Term Debt [Line Items]
Unsecured debt	3,418	3,385
Unsecured debt fair value	$ 3,420	$ 3,390

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Secured Debt [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Increase to borrowing capacity	$ 150,000,000
Secured Debt [Member] | Securitization Notes Payable with Maturity Dates from 2022 to 2026 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 10,400,000,000
Weighted average interest rate	2.98%
Unsecured Senior Notes [Member] | Senior Notes with Maturity Dates from 2021 to 2029 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 5,400,000,000
Weighted average interest rate	4.20%
Unsecured Debt [Member] | Commercial Paper [Member]
Debt Instrument [Line Items]
Principal amount outstanding	$ 1,000,000,000	$ 1,200,000,000

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Variable Interest Entity [Line Items]
Restricted cash	$ 3,057
Finance receivables, net of fees	54,788	$ 52,512
Lease related assets	42,938	43,559
Securitization and Credit Facility VIEs [Member]
Variable Interest Entity [Line Items]
Restricted cash	2,588	2,380
Finance receivables, net of fees	32,680	32,626
Lease related assets	19,404	21,781
Secured debt	$ 40,845	$ 42,504

Derivative Financial Instrume_3

Derivative Financial Instruments and Hedging Activities - Fair Value (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Fair value of assets (liabilities) available for offset	$ 353	$ 320
Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, Notional amount	107,601	113,871
Derivative asset, Fair value	662	502
Collateral available for netting	140	451
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, Fair value	583	869
Cash held	162	30
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Other Assets [Member] | Interest Rate Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, Notional amount	13,046	9,533
Derivative asset, Fair value	353	42
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Other Assets [Member] | Foreign Currency Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, Notional amount	1,822	1,829
Derivative asset, Fair value	37	37
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Other Liabilities [Member] | Interest Rate Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, Fair value	38	231
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Other Liabilities [Member] | Foreign Currency Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, Fair value	61	60
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Assets [Member] | Interest Rate Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, Notional amount	504	768
Derivative asset, Fair value	2	8
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Assets [Member] | Foreign Currency Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, Notional amount	3,317	2,075
Derivative asset, Fair value	30	43
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Liabilities [Member] | Interest Rate Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, Fair value	2	0
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Liabilities [Member] | Foreign Currency Swaps [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, Fair value	104	58
Not Designated as Hedging Instrument [Member] | Other Assets [Member] | Interest Rate Contracts [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, Notional amount	88,912	99,666
Derivative asset, Fair value	240	372
Not Designated as Hedging Instrument [Member] | Other Liabilities [Member] | Interest Rate Contracts [Member] | Level 2 [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, Fair value	$ 378	$ 520

Derivative Financial Instrume_4

Derivative Financial Instruments and Hedging Activities - Balance Sheet (Details) - Designated as Hedging Instrument [Member] - Fair Value Hedging [Member] - Unsecured Debt [Member] - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Carrying Amount of Hedged Items	$ 20,545	$ 17,923
Cumulative Amount of Fair Value Hedging Adjustments	(57)	459
Discontinued hedge cumulative amount of fair value hedging adjustments	$ 208	$ 247

Derivative Financial Instrume_5

Derivative Financial Instruments and Hedging Activities - Income (Losses) Recognized in Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Derivatives, Fair Value [Line Items]
Interest expense	$ 952	$ 803	$ 1,899	$ 1,535
Operating expenses	377	382	747	747
AOCI Attributable to Parent [Member]
Derivatives, Fair Value [Line Items]
Gains (Losses) Recognized In Accumulated Other Comprehensive Loss			(93)	(35)
(Gains) Losses Reclassified From Accumulated Other Comprehensive Income	12	74	60	53
Fair Value Hedging [Member] | Foreign Currency Translation Adjustment [Member] | Foreign Currency Swaps [Member]
Derivatives, Fair Value [Line Items]
Gains (Losses) Recognized In Accumulated Other Comprehensive Loss	(9)	0	(20)	0
(Gains) Losses Reclassified From Accumulated Other Comprehensive Income	11	0	22	0
Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
Gains (Losses) Recognized In Accumulated Other Comprehensive Loss	(30)	(57)
Cash Flow Hedging [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Gains (Losses) Recognized In Accumulated Other Comprehensive Loss	(2)	1
Cash Flow Hedging [Member] | Foreign Currency Translation Adjustment [Member] | Foreign Currency Swaps [Member]
Derivatives, Fair Value [Line Items]
Gains (Losses) Recognized In Accumulated Other Comprehensive Loss	(19)	(58)	(71)	(40)
(Gains) Losses Reclassified From Accumulated Other Comprehensive Income	2	74	41	56
Cash Flow Hedging [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Gains (Losses) Recognized In Accumulated Other Comprehensive Loss			(2)	5
(Gains) Losses Reclassified From Accumulated Other Comprehensive Income	(1)	0	(3)	(3)
Interest Expense [Member]
Derivatives, Fair Value [Line Items]
Total	(68)	(31)	(133)	(39)
Operating Expense [Member]
Derivatives, Fair Value [Line Items]
Total	20	(201)	(12)	(155)
Designated as Hedging Instrument [Member] | Foreign Currency Translation Adjustment [Member]
Derivatives, Fair Value [Line Items]
Gain (loss) to be reclassified in next twelve months			14
Designated as Hedging Instrument [Member] | Interest Expense [Member] | Fair Value Hedging [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Hedged items	(313)	69	(523)	277
Interest rate swaps and Foreign currency swaps	285	(76)	466	(286)
Designated as Hedging Instrument [Member] | Interest Expense [Member] | Fair Value Hedging [Member] | Foreign Currency Swaps [Member]
Derivatives, Fair Value [Line Items]
Hedged items	0	0	0	0
Interest rate swaps and Foreign currency swaps	(15)	0	(31)	0
Designated as Hedging Instrument [Member] | Interest Expense [Member] | Cash Flow Hedging [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Interest rate swaps and Foreign currency swaps	1	3	4	7
Designated as Hedging Instrument [Member] | Interest Expense [Member] | Cash Flow Hedging [Member] | Foreign Currency Swaps [Member]
Derivatives, Fair Value [Line Items]
Interest rate swaps and Foreign currency swaps	(21)	(13)	(39)	(22)
Designated as Hedging Instrument [Member] | Operating Expense [Member] | Fair Value Hedging [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Hedged items	0	0	0	0
Interest rate swaps and Foreign currency swaps	0	0	0	0
Designated as Hedging Instrument [Member] | Operating Expense [Member] | Fair Value Hedging [Member] | Foreign Currency Swaps [Member]
Derivatives, Fair Value [Line Items]
Hedged items	(25)	0	7	0
Interest rate swaps and Foreign currency swaps	27	0	(4)	0
Designated as Hedging Instrument [Member] | Operating Expense [Member] | Cash Flow Hedging [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Interest rate swaps and Foreign currency swaps	0	0	0	0
Designated as Hedging Instrument [Member] | Operating Expense [Member] | Cash Flow Hedging [Member] | Foreign Currency Swaps [Member]
Derivatives, Fair Value [Line Items]
Interest rate swaps and Foreign currency swaps	18	(92)	(15)	(68)
Not Designated as Hedging Instrument [Member] | Interest Expense [Member]
Derivatives, Fair Value [Line Items]
Interest rate contracts	(5)	(1)	(10)	5
Foreign currency swaps	0	(13)	0	(20)
Not Designated as Hedging Instrument [Member] | Operating Expense [Member]
Derivatives, Fair Value [Line Items]
Interest rate contracts	0	0	0	0
Foreign currency swaps	$ 0	$ (109)	$ 0	$ (87)

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Commitment and Contingencies [Line Items]
Rent expense	$ 13	$ 18
Operating lease right of use assets obtained in exchange for lease obligations		27
Operating lease payments for the remainder of 2019	14	14
2020	27	27
2021	26	26
2022	24	24
2023	20	20
Thereafter	$ 78	$ 78
Weighted average discount rate	4.40%	4.40%
Weighted average remaining lease term	8 years	8 years
Estimate of possible loss	$ 67	$ 67
Loss accrual	23	23
Indirect tax contingency	14	14
Parent Company [Member] | Euro Medium Term Notes [Member] | Senior Notes [Member]
Commitment and Contingencies [Line Items]
Debt instrument, face amount	1,100	1,100	$ 1,100
Other Assets [Member]
Commitment and Contingencies [Line Items]
Operating lease right-of-use assets	138	138
Other Liabilities [Member]
Commitment and Contingencies [Line Items]
Operating lease liabilities	$ 159	$ 159

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Fixed-to-Floating Rate Cumulative Preferred Stock Series A [Member]
Class of Stock [Line Items]
Preferred stock dividends paid	$ 29	$ 30
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series B [Member]
Class of Stock [Line Items]
Preferred stock dividends paid	$ 17

Shareholders' Equity - Summary

Shareholders' Equity - Summary of Common and Preferred Stock (Details) - shares	Jun. 30, 2019	Dec. 31, 2018
Class of Stock [Line Items]
Common stock shares authorized	10,000,000	10,000,000
Common stock shares issued	5,050,000	5,050,000
Common stock shares outstanding	5,050,000	5,050,000
Preferred stock shares authorized	250,000,000	250,000,000
Fixed-to-Floating Rate Cumulative Preferred Stock Series A [Member]
Class of Stock [Line Items]
Preferred stock shares issued	1,000,000	1,000,000
Preferred stock shares outstanding	1,000,000	1,000,000
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series B [Member]
Class of Stock [Line Items]
Preferred stock shares issued	500,000	500,000
Preferred stock shares outstanding	500,000	500,000

Shareholders' Equity - Accumula

Shareholders' Equity - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Changes in Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	$ 11,984	$ 10,748	$ 11,659	$ 10,294
Other comprehensive (loss) income, net of tax	(10)	(228)	32	(168)
Balance at end of period	12,385	10,976	12,385	10,976
AOCI Attributable to Parent [Member]
Changes in Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	(1,024)	(708)	(1,066)	(768)
Balance at end of period	(1,034)	(936)	(1,034)	(936)
Unrealized Gain (Loss) on Hedges [Member]
Changes in Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	(6)	17	9	16
Other comprehensive (loss) income, net of tax	(18)	17	(33)	18
Balance at end of period	(24)	34	(24)	34
Defined Benefit Plans [Member]
Changes in Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	1	1	1	1
Other comprehensive (loss) income, net of tax	0	0	0	0
Balance at end of period	1	1	1	1
Foreign Currency Translation Adjustment [Member]
Changes in Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	(1,019)	(726)	(1,076)	(785)
Other comprehensive (loss) income, net of tax	8	(245)	65	(186)
Balance at end of period	$ (1,011)	$ (971)	$ (1,011)	$ (971)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income tax (benefit) provision	$ 133	$ 94	$ 221	$ 168

Segment Reporting - Revenue (De

Segment Reporting - Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Total revenue	$ 3,639	$ 3,488	$ 7,259	$ 6,899
Operating expenses	377	382	747	747
Leased vehicle expenses	1,637	1,684	3,451	3,471
Provision for loan losses	179	128	354	264
Interest expense	952	803	1,899	1,535
Equity income	42	45	87	97
Income before income taxes	536	536	895	979
North America Segment [Member]
Segment Reporting Information [Line Items]
Total revenue	3,332	3,180	6,638	6,265
Operating expenses	281	276	557	547
Leased vehicle expenses	1,627	1,675	3,430	3,453
Provision for loan losses	142	90	281	187
Interest expense	831	685	1,654	1,282
Equity income	0	0	0	0
Income before income taxes	451	454	716	796
International Segment [Member]
Segment Reporting Information [Line Items]
Total revenue	307	308	621	634
Operating expenses	96	106	190	200
Leased vehicle expenses	10	9	21	18
Provision for loan losses	37	38	73	77
Interest expense	121	118	245	253
Equity income	42	45	87	97
Income before income taxes	$ 85	$ 82	$ 179	$ 183

Segment Reporting - Assets (Det

Segment Reporting - Assets (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Finance receivables, net	$ 54,788	$ 52,512
Leased vehicles, net	42,938	43,559
Total assets	110,826	109,920
North America Segment [Member]
Segment Reporting Information [Line Items]
Finance receivables, net	47,984	45,711
Leased vehicles, net	42,770	43,396
Total assets	101,147	100,176
International Segment [Member]
Segment Reporting Information [Line Items]
Finance receivables, net	6,804	6,801
Leased vehicles, net	168	163
Total assets	$ 9,679	$ 9,744

Regulatory Capital and Other _2

Regulatory Capital and Other Regulatory Matters (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Capital Requirements on Foreign Financial Institutions [Line Items]
Assets	$ 110,826	$ 109,920
International Regulated Bank And Finance Companies [Member]
Capital Requirements on Foreign Financial Institutions [Line Items]
Assets	$ 7,700	$ 7,900