​

  ​

August 2

  ​ ​ ​

November 2

  ​ ​ ​

July 27

​

​

2026

​

2025

​

2025

Financing receivables securitized (retail notes)

$

6,355

​

$

6,872

​

$

7,996

​

Allowance for credit losses

​

​

(39)

​

(41)

​

(48)

​

Other assets (primarily restricted cash)

​

​

156

​

171

​

175

​

Total restricted securitized assets

$

6,472

​

$

7,002

​

$

8,123

​

​

​

​

​

​

​

​

​

​

​

​

Short-term securitization borrowings

​

$

6,095

​

$

6,596

​

$

7,610

​

Accrued interest on borrowings

​

​

12

​

​

15

​

11

​

Total liabilities related to restricted securitized assets

​

$

6,107

​

$

6,611

​

$

7,621

​