XML 75 R60.htm IDEA: XBRL DOCUMENT v3.20.4
Loans Receivable (Summary Of Changes In Accretable Yield) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Balance, beginning of period $ 2,320.0 $ 2,320.0 $ 2,065.5 $ 1,665.5
New Consumer Loan assignments [1]     1,532.8 1,478.6
Accretion [2]     (1,378.2) (1,185.6)
Provision for credit losses     76.4 56.9
Forecast changes (206.5) (46.3) 14.6 42.3
Transfers [3]     8.9 7.8
Balance, end of period     2,320.0 2,065.5
Dealer Loans [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Balance, beginning of period 1,381.8 1,381.8 1,283.0 1,088.6
New Consumer Loan assignments [1]     971.6 990.2
Accretion [2]     (897.5) (816.3)
Provision for credit losses     65.9 48.0
Forecast changes   (41.1) (7.9) 2.0
Transfers [3]     (33.3) (29.5)
Balance, end of period     1,381.8 1,283.0
Purchased Loans [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Balance, beginning of period $ 938.2 938.2 782.5 576.9
New Consumer Loan assignments [1]     561.2 488.4
Accretion [2]     (480.7) (369.3)
Provision for credit losses     10.5 8.9
Forecast changes   $ (5.2) 22.5 40.3
Transfers [3]     42.2 37.3
Balance, end of period     $ 938.2 $ 782.5
[1] The Dealer Loans amount represents the net cash flows expected at the time of assignment on Consumer Loans assigned under our Portfolio Program, less the related advances paid to Dealers. The Purchased Loans amount represents the net cash flows expected at the time of assignment on Consumer Loans assigned under our Purchase Program, less the related one-time payments made to Dealers.
[2] Represents finance charges excluding the amortization of deferred direct origination costs for Dealer Loans.
[3] Under our Portfolio Program, certain events may result in Dealers forfeiting their rights to Dealer Holdback. We transfer the Dealer’s outstanding Dealer Loan balance, the related allowance for credit losses balance and related expected future net cash flows to Purchased Loans in the period this forfeiture occurs.