XML 99 R34.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Allowance for Loan and Lease Losses and Reserve for Unfunded Lending Commitments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract] |
Allowance for Credit Losses on Financing Receivables | The table below summarizes changes in the allowance for loan and lease losses and reserve for unfunded lending commitments by portfolio segment for the years ended December 31, 2019, 2018 and 2017. Table 4.1: Allowance for Loan and Lease Losses and Reserve for Unfunded Lending Commitments Activity
(Dollars in millions) |  | Credit Card |  | Consumer Banking |  | Commercial Banking |  | Other(1) |  | Total
Allowance for loan and lease losses: |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2016 |  | $ | 4,606 |  |  | $ | 1,102 |  |  | $ | 793 |  |  | $ | 2 |  |  | $ | 6,503 |
Charge-offs |  | (6,321 | ) |  | (1,677 | ) |  | (481 | ) |  | (34 | ) |  | (8,513 | )
Recoveries(2) |  | 1,267 |  |  | 639 |  |  | 16 |  |  | 29 |  |  | 1,951 |
Net charge-offs |  | (5,054 | ) |  | (1,038 | ) |  | (465 | ) |  | (5 | ) |  | (6,562 | )
Provision for loan and lease losses |  | 6,066 |  |  | 1,180 |  |  | 313 |  |  | 4 |  |  | 7,563 |
Allowance build (release) for loan and lease losses |  | 1,012 |  |  | 142 |  |  | (152 | ) |  | (1 | ) |  | 1,001 |
Other changes(3) |  | 30 |  |  | (2 | ) |  | (30 | ) |  | 0 |  |  | (2 | )
Balance as of December 31, 2017 |  | 5,648 |  |  | 1,242 |  |  | 611 |  |  | 1 |  |  | 7,502 |
Reserve for unfunded lending commitments: |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2016 |  | 0 |  |  | 7 |  |  | 129 |  |  | 0 |  |  | 136 |
Benefit for losses on unfunded lending commitments |  | 0 |  |  | 0 |  |  | (12 | ) |  | 0 |  |  | (12 | )
Balance as of December 31, 2017 |  | 0 |  |  | 7 |  |  | 117 |  |  | 0 |  |  | 124 |
Combined allowance and reserve as of December 31, 2017 |  | $ | 5,648 |  |  | $ | 1,249 |  |  | $ | 728 |  |  | $ | 1 |  |  | $ | 7,626 |
Allowance for loan and lease losses: |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2017 |  | $ | 5,648 |  |  | $ | 1,242 |  |  | $ | 611 |  |  | $ | 1 |  |  | $ | 7,502 |
Charge-offs |  | (6,657 | ) |  | (1,832 | ) |  | (119 | ) |  | (7 | ) |  | (8,615 | )
Recoveries(2) |  | 1,588 |  |  | 851 |  |  | 63 |  |  | 1 |  |  | 2,503 |
Net charge-offs |  | (5,069 | ) |  | (981 | ) |  | (56 | ) |  | (6 | ) |  | (6,112 | )
Provision (benefit) for loan and lease losses |  | 4,984 |  |  | 841 |  |  | 82 |  |  | (49 | ) |  | 5,858 |
Allowance build (release) for loan and lease losses |  | (85 | ) |  | (140 | ) |  | 26 |  |  | (55 | ) |  | (254 | )
Other changes(1)(3) |  | (28 | ) |  | (54 | ) |  | 0 |  |  | 54 |  |  | (28 | )
Balance as of December 31, 2018 |  | 5,535 |  |  | 1,048 |  |  | 637 |  |  | 0 |  |  | 7,220 |
Reserve for unfunded lending commitments: |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2017 |  | 0 |  |  | 7 |  |  | 117 |  |  | 0 |  |  | 124 |
Provision (benefit) for losses on unfunded lending commitments |  | 0 |  |  | (3 | ) |  | 1 |  |  | 0 |  |  | (2 | )
Balance as of December 31, 2018 |  | 0 |  |  | 4 |  |  | 118 |  |  | 0 |  |  | 122 |
Combined allowance and reserve as of December 31, 2018 |  | $ | 5,535 |  |  | $ | 1,052 |  |  | $ | 755 |  |  | $ | 0 |  |  | $ | 7,342 |
(Dollars in millions) |  | Credit Card |  | Consumer Banking |  | Commercial Banking |  | Total
Allowance for loan and lease losses: |  |  |  |  |  |  |  |
Balance as of December 31, 2018 |  | $ | 5,535 |  |  | $ | 1,048 |  |  | $ | 637 |  |  | $ | 7,220 |
Charge-offs |  | (6,711 | ) |  | (1,917 | ) |  | (181 | ) |  | (8,809 | )
Recoveries(2) |  | 1,562 |  |  | 970 |  |  | 25 |  |  | 2,557 |
Net charge-offs |  | (5,149 | ) |  | (947 | ) |  | (156 | ) |  | (6,252 | )
Provision for loan and lease losses |  | 4,992 |  |  | 937 |  |  | 294 |  |  | 6,223 |
Allowance build (release) for loan and lease losses |  | (157 | ) |  | (10 | ) |  | 138 |  |  | (29 | )
Other changes(3) |  | 17 |  |  | 0 |  |  | 0 |  |  | 17 |
Balance as of December 31, 2019 |  | 5,395 |  |  | 1,038 |  |  | 775 |  |  | 7,208 |
Reserve for unfunded lending commitments: |  |  |  |  |  |  |  |
Balance as of December 31, 2018 |  | 0 |  |  | 4 |  |  | 118 |  |  | 122 |
Provision for losses on unfunded lending commitments |  | 0 |  |  | 1 |  |  | 12 |  |  | 13 |
Balance as of December 31, 2019 |  | 0 |  |  | 5 |  |  | 130 |  |  | 135 |
Combined allowance and reserve as of December 31, 2019 |  | $ | 5,395 |  |  | $ | 1,043 |  |  | $ | 905 |  |  | $ | 7,343 |
__________
(1) | In 2018, we sold all of our consumer home loan portfolio and recognized a gain of approximately $499 million in the Other category, including a benefit for credit losses of $46 million.
(2) | The amount and timing of recoveries is impacted by our collection strategies, which are based on customer behavior and risk profile and include direct customer communications, repossession of collateral, the periodic sale of charged-off loans as well as additional strategies, such as litigation.
(3) Represents foreign currency translation adjustments and the net impact of loan transfers and sales where applicable. The table below presents the components of our allowance for loan and lease losses by portfolio segment and impairment methodology as of December 31, 2019 and 2018. See “Note 1—Summary of Significant Accounting Policies” for further discussion of allowance methodologies for each of the loan portfolios. Table 4.2: Components of Allowance for Loan and Lease Losses by Impairment Methodology
|  | December 31, 2019
(Dollars in millions) |  | Credit Card |  | Consumer Banking |  | Commercial Banking |  | Total
Allowance for loan and lease losses: |  |  |  |  |  |  |  |
Collectively evaluated |  | $ | 5,185 |  |  | $ | 1,010 |  |  | $ | 659 |  |  | $ | 6,854 |
Asset-specific |  | 210 |  |  | 28 |  |  | 116 |  |  | 354 |
Total allowance for loan and lease losses |  | $ | 5,395 |  |  | $ | 1,038 |  |  | $ | 775 |  |  | $ | 7,208 |
Loans held for investment: |  |  |  |  |  |  |  |
Collectively evaluated |  | $ | 127,312 |  |  | $ | 62,675 |  |  | $ | 73,804 |  |  | $ | 263,791 |
Asset-specific |  | 831 |  |  | 388 |  |  | 673 |  |  | 1,892 |
PCI loans |  | 93 |  |  | 2 |  |  | 31 |  |  | 126 |
Total loans held for investment |  | $ | 128,236 |  |  | $ | 63,065 |  |  | $ | 74,508 |  |  | $ | 265,809 |
Allowance coverage ratio(1) |  | 4.21 | % |  | 1.65 | % |  | 1.04 | % |  | 2.71 | %
|  | December 31, 2018
(Dollars in millions) |  | Credit Card |  | Consumer Banking |  | Commercial Banking |  | Total
Allowance for loan and lease losses: |  |  |  |  |  |  |  |
Collectively evaluated |  | $ | 5,258 |  |  | $ | 1,021 |  |  | $ | 603 |  |  | $ | 6,882 |
Asset-specific |  | 277 |  |  | 27 |  |  | 34 |  |  | 338 |
Total allowance for loan and lease losses |  | $ | 5,535 |  |  | $ | 1,048 |  |  | $ | 637 |  |  | $ | 7,220 |
Loans held for investment: |  |  |  |  |  |  |  |
Collectively evaluated |  | $ | 115,505 |  |  | $ | 58,808 |  |  | $ | 69,607 |  |  | $ | 243,920 |
Asset-specific |  | 855 |  |  | 393 |  |  | 596 |  |  | 1,844 |
PCI loans |  | 1 |  |  | 4 |  |  | 130 |  |  | 135 |
Total loans held for investment |  | $ | 116,361 |  |  | $ | 59,205 |  |  | $ | 70,333 |  |  | $ | 245,899 |
Allowance coverage ratio(1) |  | 4.76 | % |  | 1.77 | % |  | 0.91 | % |  | 2.94 | %
__________ (1) Allowance coverage ratio is calculated by dividing the period-end allowance for loan and lease losses by period-end loans held for investment within the specified loan category.
Schedule of Loss Sharing Arrangement Impact | The table below summarizes the changes in the estimated reimbursements from these partners for the years ended December 31, 2019, 2018 and 2017. The 2019 amounts below include the impacts of our loss sharing arrangement on the acquired Walmart portfolio. Table 4.3: Summary of Credit Card Partnership Loss Sharing Arrangements Impacts
|  | Year Ended December 31,
(Dollars in millions) |  | 2019 |  | 2018 |  | 2017
Estimated reimbursements from partners, beginning of period |  | $ | 379 |  |  | $ | 380 |  |  | $ | 228 |
Amounts due from partners which reduced net charge-offs |  | (600 | ) |  | (382 | ) |  | (285 | )
Amounts estimated to be charged to partners which reduced provision for credit losses |  | 1,383 |  |  | 381 |  |  | 437 |
Estimated reimbursements from partners, end of period |  | $ | 1,162 |  |  | $ | 379 |  |  | $ | 380 |

X
- Definition Schedule of loss sharing arrangement impact + References No definition available. + Details
Name: | cof_ScheduleofLossSharingArrangementImpactTableTextBlock
Namespace Prefix: | cof_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableGrossAllowanceAndNetAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration