v3.25.2
Loans and finance receivables (Tables)
6 Months Ended
Jun. 30, 2025
Schedule of receivables

Other receivables are summarized as follows (in millions).

 

June 30,
2025

 

 

December 31,
2024

 

Insurance and other:

 

 

 

 

 

Insurance premiums receivable

$

20,504

 

 

$

18,548

 

Reinsurance recoverables

 

5,270

 

 

 

5,177

 

Trade receivables

 

17,156

 

 

 

15,638

 

Other

 

5,235

 

 

 

5,199

 

Allowances for credit losses

 

(692

)

 

 

(675

)

$

47,473

 

 

$

43,887

 

Railroad, utilities and energy:

 

 

 

 

 

Trade receivables

$

3,727

 

 

$

3,764

 

Other

 

686

 

 

 

862

 

Allowances for credit losses

 

(90

)

 

 

(123

)

$

4,323

 

 

$

4,503

 

Loans and Finance Receivables [Member]  
Schedule of receivables

Loans and finance receivables are principally manufactured home loans, and to a lesser extent, commercial loans and site-built home loans and are summarized as follows (in millions).

 

June 30,
2025

 

 

December 31,
2024

 

Loans and finance receivables, before allowances and discounts

$

30,819

 

 

$

29,700

 

Allowances for credit losses

 

(1,307

)

 

 

(1,134

)

Unamortized acquisition discounts and points

 

(790

)

 

 

(768

)

 

$

28,722

 

 

$

27,798

 

Schedule of reconciliation of allowance for credit losses on loans and finance receivables

Reconciliations of the allowance for credit losses on loans and finance receivables follow (in millions).

 

2025

 

 

2024

 

Balance at the beginning of the year

$

1,134

 

 

$

950

 

Provision for credit losses

 

253

 

 

 

116

 

Charge-offs, net of recoveries

 

(80

)

 

 

(51

)

Balance at June 30

$

1,307

 

 

$

1,015

 

 

Manufactured Housing Loan Balances [Member]  
Summary of performing and non-performing home loans before discounts and allowances by year of loan origination A summary of performing and non-performing home loans before discounts and allowances by year of loan origination as of June 30, 2025 follows (in millions).

 

Origination Year

 

 

 

 

2025

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

Prior

 

 

Total

 

Performing

$

3,193

 

 

$

5,651

 

 

$

4,738

 

 

$

3,499

 

 

$

2,911

 

 

$

9,899

 

 

$

29,891

 

Non-performing

 

2

 

 

 

15

 

 

 

19

 

 

 

18

 

 

 

16

 

 

 

62

 

 

 

132

 

$

3,195

 

 

$

5,666

 

 

$

4,757

 

 

$

3,517

 

 

$

2,927

 

 

$

9,961

 

 

$

30,023