(Millions of dollars) | December 31, 2013 | |||||||||||
Customer | Dealer | Total | ||||||||||
Allowance for Credit Losses: | ||||||||||||
Balance at beginning of year | $ | 414 | $ | 9 | $ | 423 | ||||||
Receivables written off | (179 | ) | — | (179 | ) | |||||||
Recoveries on receivables previously written off | 56 | — | 56 | |||||||||
Provision for credit losses | 83 | 1 | 84 | |||||||||
Other | (9 | ) | — | (9 | ) | |||||||
Balance at end of year | $ | 365 | $ | 10 | $ | 375 | ||||||
Individually evaluated for impairment | $ | 70 | $ | — | $ | 70 | ||||||
Collectively evaluated for impairment | 295 | 10 | 305 | |||||||||
Ending Balance | $ | 365 | $ | 10 | $ | 375 | ||||||
Recorded Investment in Finance Receivables: | ||||||||||||
Individually evaluated for impairment | $ | 628 | $ | — | $ | 628 | ||||||
Collectively evaluated for impairment | 19,668 | 3,765 | 23,433 | |||||||||
Ending Balance | $ | 20,296 | $ | 3,765 | $ | 24,061 | ||||||
(Millions of dollars) | December 31, 2012 | |||||||||||
Customer | Dealer | Total | ||||||||||
Allowance for Credit Losses: | ||||||||||||
Balance at beginning of year | $ | 360 | $ | 6 | $ | 366 | ||||||
Receivables written off | (149 | ) | — | (149 | ) | |||||||
Recoveries on receivables previously written off | 47 | — | 47 | |||||||||
Provision for credit losses | 157 | 3 | 160 | |||||||||
Other | (1 | ) | — | (1 | ) | |||||||
Balance at end of year | $ | 414 | $ | 9 | $ | 423 | ||||||
Individually evaluated for impairment | $ | 54 | $ | — | $ | 54 | ||||||
Collectively evaluated for impairment | 360 | 9 | 369 | |||||||||
Ending Balance | $ | 414 | $ | 9 | $ | 423 | ||||||
Recorded Investment in Finance Receivables: | ||||||||||||
Individually evaluated for impairment | $ | 593 | $ | — | $ | 593 | ||||||
Collectively evaluated for impairment | 18,831 | 3,884 | 22,715 | |||||||||
Ending Balance | $ | 19,424 | $ | 3,884 | $ | 23,308 | ||||||
(Millions of dollars) | December 31, 2011 | |||||||||||
Customer | Dealer | Total | ||||||||||
Allowance for Credit Losses: | ||||||||||||
Balance at beginning of year | $ | 357 | $ | 5 | $ | 362 | ||||||
Receivables written off | (210 | ) | — | (210 | ) | |||||||
Recoveries on receivables previously written off | 52 | — | 52 | |||||||||
Provision for credit losses | 167 | 1 | 168 | |||||||||
Other | (6 | ) | — | (6 | ) | |||||||
Balance at end of year | $ | 360 | $ | 6 | $ | 366 | ||||||
Individually evaluated for impairment | $ | 34 | $ | — | $ | 34 | ||||||
Collectively evaluated for impairment | 326 | 6 | 332 | |||||||||
Ending Balance | $ | 360 | $ | 6 | $ | 366 | ||||||
Recorded Investment in Finance Receivables: | ||||||||||||
Individually evaluated for impairment | $ | 484 | $ | — | $ | 484 | ||||||
Collectively evaluated for impairment | 17,109 | 2,387 | 19,496 | |||||||||
Ending Balance | $ | 17,593 | $ | 2,387 | $ | 19,980 | ||||||