2013 Q3 Form 10-Q Financial Statement

#000119312513430469 Filed on November 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $5.651B $5.782B
YoY Change -2.27% 50.77%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $225.0M $198.0M
YoY Change 13.64% 11.24%
% of Gross Profit
Depreciation & Amortization $495.0M $586.0M
YoY Change -15.53% 432.73%
% of Gross Profit
Operating Expenses $225.0M $198.0M
YoY Change 13.64% 11.24%
Operating Profit
YoY Change
Interest Expense $438.0M $608.0M
YoY Change -27.96% 10.14%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.693B $1.723B
YoY Change -1.74% 39.51%
Income Tax $575.0M $535.0M
% Of Pretax Income 33.96% 31.05%
Net Earnings $1.105B $1.178B
YoY Change -6.2% 44.9%
Net Earnings / Revenue 19.55% 20.37%
Basic Earnings Per Share $1.87 $2.03
Diluted Earnings Per Share $1.84 $2.01
COMMON SHARES
Basic Shares Outstanding 582.3M shares 578.3M shares
Diluted Shares Outstanding 591.1M shares 584.1M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments $61.41B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $3.792B $3.519B
YoY Change 7.76% 26.36%
Goodwill $13.91B $13.90B
YoY Change 0.04%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $289.9B $302.0B
YoY Change -4.01% 50.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $276.0M $368.0M
YoY Change -25.0% -8.23%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $8.887B $9.252B
YoY Change -3.95% 542.05%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $276.0M $368.0M
YoY Change -25.0% -8.23%
LONG-TERM LIABILITIES
Long-Term Debt $21.94B $37.41B
YoY Change -41.36% 13.8%
Other Long-Term Liabilities $9.183B $10.32B
YoY Change -10.99% 33.36%
Total Long-Term Liabilities $31.12B $47.73B
YoY Change -34.79% 17.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $276.0M $368.0M
Total Long-Term Liabilities $31.12B $47.73B
Total Liabilities $248.1B $262.3B
YoY Change -5.41% 53.61%
SHAREHOLDERS EQUITY
Retained Earnings $19.73B $16.05B
YoY Change 22.9%
Common Stock $26.43B $25.27B
YoY Change 4.59%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.574B $3.287B
YoY Change 8.73%
Treasury Stock Shares 53.88M shares 49.59M shares
Shareholders Equity $41.80B $39.70B
YoY Change
Total Liabilities & Shareholders Equity $289.9B $302.0B
YoY Change -4.01% 50.88%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $1.105B $1.178B
YoY Change -6.2% 44.9%
Depreciation, Depletion And Amortization $495.0M $586.0M
YoY Change -15.53% 432.73%
Cash From Operating Activities $3.515B $4.988B
YoY Change -29.53% 220.77%
INVESTING ACTIVITIES
Capital Expenditures -$172.0M -$97.00M
YoY Change 77.32% -11.82%
Acquisitions
YoY Change
Other Investing Activities $5.543B -$7.582B
YoY Change -173.11% 2793.89%
Cash From Investing Activities $5.371B -$7.679B
YoY Change -169.94% 1964.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.821B 2.681B
YoY Change -391.72% -282.63%
NET CHANGE
Cash From Operating Activities 3.515B 4.988B
Cash From Investing Activities 5.371B -7.679B
Cash From Financing Activities -7.821B 2.681B
Net Change In Cash 1.065B -10.00M
YoY Change -10750.0% -96.49%
FREE CASH FLOW
Cash From Operating Activities $3.515B $4.988B
Capital Expenditures -$172.0M -$97.00M
Free Cash Flow $3.687B $5.085B
YoY Change -27.49% 205.41%

Facts In Submission

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CY2013Q3 cof Non Performance Risk Valuation Adjustment Derivative Assets
NonPerformanceRiskValuationAdjustmentDerivativeAssets
4000000
CY2013Q3 cof Letters Of Credit Funded Amount
LettersOfCreditFundedAmount
147000000
CY2013Q3 cof Loans Acquired In Transfer Carrying Amount Net
LoansAcquiredInTransferCarryingAmountNet
30125000000
CY2013Q3 cof Percentage Of Total Consumer Banking
PercentageOfTotalConsumerBanking
1.000 pure
CY2013Q3 cof Original Principal Balance Of Mortgage Loans Originated And Sold By Subsidiaries Between Two Thousand Five And Two Thousand Eight Into Uninsured Securitizations
OriginalPrincipalBalanceOfMortgageLoansOriginatedAndSoldBySubsidiariesBetweenTwoThousandFiveAndTwoThousandEightIntoUninsuredSecuritizations
48000000000
CY2013Q3 cof Derivative Fair Value Of Derivative Asset Amounts Not Offset Presented Against Collateral Net
DerivativeFairValueOfDerivativeAssetAmountsNotOffsetPresentedAgainstCollateralNet
403000000
CY2013Q3 cof Allowance For Credit Losses By Impairment Methodology Collectively Evaluated For Impairment
AllowanceForCreditLossesByImpairmentMethodologyCollectivelyEvaluatedForImpairment
3976000000
CY2013Q3 cof Original Principal Balance Of Mortgage Loans Originated And Sold By Subsidiaries Between Two Thousand Five And Two Thousand Eight To Private Investors
OriginalPrincipalBalanceOfMortgageLoansOriginatedAndSoldBySubsidiariesBetweenTwoThousandFiveAndTwoThousandEightToPrivateInvestors
22000000000
CY2013Q3 cof Pending Claims Amount
PendingClaimsAmount
2591000000
CY2013Q3 cof Percentage Of Thirty Plus Day Performing Delinquencies
PercentageOfThirtyPlusDayPerformingDelinquencies
0.0360 pure
CY2013Q3 cof Number Of Subsidiaries Acquired That Originated Residential Mortgage Loans
NumberOfSubsidiariesAcquiredThatOriginatedResidentialMortgageLoans
3 Subsidiary
CY2013Q3 cof Held For Investment Loans Purchased Credit Impaired
HeldForInvestmentLoansPurchasedCreditImpaired
30079000000
CY2013Q3 cof Percentage Of Total Small Ticket Commercial Real Estate
PercentageOfTotalSmallTicketCommercialRealEstate
1.000 pure
CY2013Q3 cof Allowance For Credit Losses Impaired Purchased Loan And Lease Receivables
AllowanceForCreditLossesImpairedPurchasedLoanAndLeaseReceivables
31000000
CY2013Q3 cof Valuation Adjustment On Derivative Assets And Liabilities Net
ValuationAdjustmentOnDerivativeAssetsAndLiabilitiesNet
9000000
CY2013Q3 cof Loans And Leases Receivable Consumer Revolving And Installment Credit Card International
LoansAndLeasesReceivableConsumerRevolvingAndInstallmentCreditCardInternational
8031000000
CY2013Q3 cof Amount Of Thirty Plus Day Performing Delinquencies
AmountOfThirtyPlusDayPerformingDelinquencies
2807000000
CY2013Q3 cof Auto Loans
AutoLoans
30803000000
CY2013Q3 cof Loans Acquired In Transfer Outstanding Balance
LoansAcquiredInTransferOutstandingBalance
32266000000
CY2013Q3 cof Original Principal Balance Of Mortgage Loans Originated And Sold To Non Affiliates By Subsidiaries During Two Thousand Five
OriginalPrincipalBalanceOfMortgageLoansOriginatedAndSoldToNonAffiliatesBySubsidiariesDuringTwoThousandFive
45000000000
CY2013Q3 cof Percentage Of Ninety Plus Day Performing Delinquencies Consumer Banking
PercentageOfNinetyPlusDayPerformingDelinquenciesConsumerBanking
0.0058 pure
CY2013Q3 cof Cumulative Impairment Recognized
CumulativeImpairmentRecognized
32000000
CY2013Q3 cof Treasury Stock Par Or Stated Value Per Share
TreasuryStockParOrStatedValuePerShare
0.01
CY2013Q3 cof Amount Of Ninety Plus Day Performing Delinquencies
AmountOfNinetyPlusDayPerformingDelinquencies
1209000000
CY2013Q3 cof Percentage Of Nonperforming Loans Consumer Banking
PercentageOfNonperformingLoansConsumerBanking
0.0079 pure
CY2013Q3 cof Accretable Yield
AccretableYield
6609000000
CY2013Q3 cof Derivative Asset Fair Value Amount Presented Against Collateral Net
DerivativeAssetFairValueAmountPresentedAgainstCollateralNet
988000000
CY2013Q3 cof Loans And Leases Receivable Impaired At Carrying Value Net Of Allowance
LoansAndLeasesReceivableImpairedAtCarryingValueNetOfAllowance
1505000000
CY2013Q3 cof Contractual Amounts Of Standby And Commercial Letters Of Credit
ContractualAmountsOfStandbyAndCommercialLettersOfCredit
2000000000
CY2013Q3 cof Original Principal Balance Of Mortgage Loans Originated And Sold To Non Affiliates By Subsidiaries During Two Thousand Seven
OriginalPrincipalBalanceOfMortgageLoansOriginatedAndSoldToNonAffiliatesBySubsidiariesDuringTwoThousandSeven
21000000000
CY2013Q3 cof Loans And Leases Receivable Consumer Revolving And Installment Credit Card Domestic
LoansAndLeasesReceivableConsumerRevolvingAndInstallmentCreditCardDomestic
69936000000
CY2013Q3 cof Other Vie Assets Held In Trust
OtherVieAssetsHeldInTrust
215000000
CY2013Q3 cof Letters Of Credit Expected Residual Balance
LettersOfCreditExpectedResidualBalance
41000000
CY2013Q3 cof Allowance For Credit Losses Percentage Of Held For Investment Loans
AllowanceForCreditLossesPercentageOfHeldForInvestmentLoans
0.0226 pure
CY2013Q3 cof Balance Of Affordable Housing Entities Assets And Liabilities Unconsolidated
BalanceOfAffordableHousingEntitiesAssetsAndLiabilitiesUnconsolidated
8700000000
CY2013Q3 cof Original Principal Balance Of Mortgage Loans Originated And Sold To Non Affiliates By Subsidiaries During Two Thousand Eight
OriginalPrincipalBalanceOfMortgageLoansOriginatedAndSoldToNonAffiliatesBySubsidiariesDuringTwoThousandEight
4000000000
CY2013Q3 cof Loans And Leases Receivable Consumer Revolving Credit Card Domestic
LoansAndLeasesReceivableConsumerRevolvingCreditCardDomestic
69538000000
CY2013Q3 cof Percentage Of Ninety Plus Day Performing Delinquencies
PercentageOfNinetyPlusDayPerformingDelinquencies
0.0155 pure
CY2013Q3 cof Loans And Leases Receivable Consumer Installment Other Domestic
LoansAndLeasesReceivableConsumerInstallmentOtherDomestic
398000000
CY2013Q3 cof Value Of Assumed Loans Receivable Upon Default Manufactured Housing Securitizations Interests Continued To Be Held By Transferor
ValueOfAssumedLoansReceivableUponDefaultManufacturedHousingSecuritizationsInterestsContinuedToBeHeldByTransferor
420000000
CY2013Q3 cof Original Principal Balance Of Mortgage Loans Originated And Sold By Subsidiaries Between Two Thousand Five And Two Thousand Eight Into Active Insured Securitizations
OriginalPrincipalBalanceOfMortgageLoansOriginatedAndSoldBySubsidiariesBetweenTwoThousandFiveAndTwoThousandEightIntoActiveInsuredSecuritizations
16000000000
CY2013Q3 cof Investment Securities Portfolio Percentage Invested Us Treasury And Agency Securities
InvestmentSecuritiesPortfolioPercentageInvestedUsTreasuryAndAgencySecurities
0.76 pure
CY2013Q3 cof Percentage Of Thirty Plus Day Performing Delinquencies Consumer Banking
PercentageOfThirtyPlusDayPerformingDelinquenciesConsumerBanking
0.0346 pure
CY2013Q3 cof Percentage Of Total Loans
PercentageOfTotalLoans
1.000 pure
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities Weighted Average Yield Fair Value
AvailableForSaleSecuritiesExpectedDebtMaturitiesWeightedAverageYieldFairValue
0.0268 pure
CY2013Q3 cof Minimum Number Of Days Past Due For Delinquent Loan Status
MinimumNumberOfDaysPastDueForDelinquentLoanStatus
90 Days
CY2013Q3 cof Retail Banking
RetailBanking
3665000000
CY2013Q3 cof Unsecured Loans Held For Investment At Amortized Cost
UnsecuredLoansHeldForInvestmentAtAmortizedCost
152332000000
CY2013Q3 cof Payment Protection Insurance Reserve
PaymentProtectionInsuranceReserve
154000000
CY2013Q3 cof Loans Receivable Commercial Small Ticket Commercial Real Estate
LoansReceivableCommercialSmallTicketCommercialRealEstate
1028000000
CY2013Q3 cof Held For Investment Loans By Impairment Methodology Individually Evaluated For Impairment
HeldForInvestmentLoansByImpairmentMethodologyIndividuallyEvaluatedForImpairment
1831000000
CY2013Q3 cof Derivative Fair Value Of Derivative Liability Amounts Not Offset Presented Against Collateral Net
DerivativeFairValueOfDerivativeLiabilityAmountsNotOffsetPresentedAgainstCollateralNet
184000000
CY2013Q3 cof Allowance For Credit Losses By Impairment Methodology Individually Evaluated For Impairment
AllowanceForCreditLossesByImpairmentMethodologyIndividuallyEvaluatedForImpairment
326000000
CY2013Q3 cof Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
22000000
CY2013Q3 cof Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
472000000
CY2013Q3 cof Held To Maturity Securities Transferred From Available For Sale Securities Unrealized Gain Loss
HeldToMaturitySecuritiesTransferredFromAvailableForSaleSecuritiesUnrealizedGainLoss
1465000000
CY2013Q3 cof Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
494000000
CY2013Q3 cof Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
-1500000000
CY2013Q3 cof Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
494000000
CY2013Q3 cof Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
2000000
CY2013Q3 cof Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
388000000
CY2013Q3 cof Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
774000000
CY2013Q3 cof Post Independent Margin
PostIndependentMargin
67000000
CY2013Q3 cof Percentage Of Credit Card
PercentageOfCreditCard
1.000 pure
CY2013Q3 cof Percentage Of Mortgage By Vintage Geography Lien Priority And Interest Rate Type
PercentageOfMortgageByVintageGeographyLienPriorityAndInterestRateType
1.000 pure
CY2013Q3 cof Percentage Of Commercial And Multifamily Real Estate
PercentageOfCommercialAndMultifamilyRealEstate
1.000 pure
CY2013Q3 cof Loans And Leases Receivable Commercial Lending
LoansAndLeasesReceivableCommercialLending
41371000000
CY2013Q3 cof Additional Variation Margin Required If Debt Credit Rating Falls Below Investment Grade
AdditionalVariationMarginRequiredIfDebtCreditRatingFallsBelowInvestmentGrade
1000000
CY2013Q3 cof Amount Of Afs Securities Transferred To Htm Securities
AmountOfAfsSecuritiesTransferredToHtmSecurities
18300000000
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities Within One Year Weighted Average Yield
AvailableForSaleSecuritiesExpectedDebtMaturitiesWithinOneYearWeightedAverageYield
0.0144 pure
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities One To Five Years Weighted Average Yield
AvailableForSaleSecuritiesExpectedDebtMaturitiesOneToFiveYearsWeightedAverageYield
0.0245 pure
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities Five To Ten Years Weighted Average Yield
AvailableForSaleSecuritiesExpectedDebtMaturitiesFiveToTenYearsWeightedAverageYield
0.0299 pure
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities Over Ten Years Weighted Average Yield
AvailableForSaleSecuritiesExpectedDebtMaturitiesOverTenYearsWeightedAverageYield
0.0519 pure
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesExpectedDebtMaturitiesWithinOneYearFairValue
3118000000
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities After Five Through Ten Year Fair Value
AvailableForSaleSecuritiesExpectedDebtMaturitiesAfterFiveThroughTenYearFairValue
22030000000
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities After One Through Five Year Fair Value
AvailableForSaleSecuritiesExpectedDebtMaturitiesAfterOneThroughFiveYearFairValue
17550000000
CY2013Q3 cof Available For Sale Securities Debt Maturities Expected Within One Year Or Less Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesExpectedWithinOneYearOrLessAmortizedCost
3117000000
CY2013Q3 cof Available For Sale Securities Debt Maturities Expected One Year Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesExpectedOneYearThroughFiveYearsAmortizedCost
17334000000
CY2013Q3 cof Available For Sale Securities Debt Maturities Expected Within After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesExpectedWithinAfterTenYearsAmortizedCost
394000000
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected With In One Year Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesExpectedWithInOneYearCarryingAmount
0
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected One Year Through Five Year Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesExpectedOneYearThroughFiveYearCarryingAmount
402000000
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected Five Year Through Ten Year Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesExpectedFiveYearThroughTenYearCarryingAmount
12703000000
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected After Ten Years Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesExpectedAfterTenYearsCarryingAmount
5171000000
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected With In One Year Or Less Fair Value
HeldToMaturitySecuritiesDebtMaturitiesExpectedWithInOneYearOrLessFairValue
0
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected One Year Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesExpectedOneYearThroughFiveYearsFairValue
407000000
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected Five Year Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesExpectedFiveYearThroughTenYearsFairValue
12969000000
CY2013Q3 cof Held To Maturity Securities Debt Maturities Expected After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesExpectedAfterTenYearsFairValue
5286000000
CY2013Q3 cof Held To Maturity Securities Expected Debt Maturities With In One Year Weighted Average Yield
HeldToMaturitySecuritiesExpectedDebtMaturitiesWithInOneYearWeightedAverageYield
0.0000 pure
CY2013Q3 cof Held To Maturity Securities Expected Debt Maturities One To Five Years Weighted Average Yield
HeldToMaturitySecuritiesExpectedDebtMaturitiesOneToFiveYearsWeightedAverageYield
0.0211 pure
CY2013Q3 cof Held To Maturity Securities Expected Debt Maturities Five To Ten Years Weighted Average Yield
HeldToMaturitySecuritiesExpectedDebtMaturitiesFiveToTenYearsWeightedAverageYield
0.0234 pure
CY2013Q3 cof Held To Maturity Securities Expected Debt Maturities Over Ten Years Weighted Average Yield
HeldToMaturitySecuritiesExpectedDebtMaturitiesOverTenYearsWeightedAverageYield
0.0271 pure
CY2013Q3 cof Held To Maturity Securities Expected Debt Maturities Weighted Average Yield
HeldToMaturitySecuritiesExpectedDebtMaturitiesWeightedAverageYield
0.0244 pure
CY2013Q3 cof Estimated Outstanding Principle Balance Of Mortgage Loans Originated And Sold To Third Parties
EstimatedOutstandingPrincipleBalanceOfMortgageLoansOriginatedAndSoldToThirdParties
27000000000
CY2013Q3 cof Available For Sale Securities Expected Debt Maturities After Ten Year Fair Value
AvailableForSaleSecuritiesExpectedDebtMaturitiesAfterTenYearFairValue
434000000
CY2013Q3 cof Certain Loans Acquired In Transfer Accounted For As Debt Securities Amortized Cost
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAmortizedCost
2491000000
CY2013Q3 cof Accumulated Other Comprehensive Income Loss Investment Debt Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossInvestmentDebtSecuritiesNetOfTax
-740000000
CY2013Q3 cof Percentage Of Unrealized Losses Related To Non Agency Rmbs Abs And Other Securities
PercentageOfUnrealizedLossesRelatedToNonAgencyRmbsAbsAndOtherSecurities
0.33 pure
CY2013Q3 cof Unrealized Losses Related To Non Agency Rmbs Abs And Other Securities
UnrealizedLossesRelatedToNonAgencyRmbsAbsAndOtherSecurities
164000000
CY2013Q3 cof Cash Collateral Received From Derivative Counter Party
CashCollateralReceivedFromDerivativeCounterParty
288000000
CY2011Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
943000000
CY2011Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
5838000000
CY2011Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
68000000
CY2011Q4 cof Pending Claims Amount
PendingClaimsAmount
2091000000
CY2011Q4 cof Accretable Yield
AccretableYield
1752000000
CY2011Q4 cof Accumulated Other Comprehensive Income Loss Investment Debt Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossInvestmentDebtSecuritiesNetOfTax
286000000
CY2012Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
57812000000
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
582207133 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
631806585 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
875000 shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
49599452 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
875000 shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2012Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
19900000000
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
21148000000
CY2012Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
1248000000
CY2012Q4 us-gaap Other Borrowings
OtherBorrowings
24578000000
CY2012Q4 us-gaap Credit Risk Derivative Liabilities At Fair Value
CreditRiskDerivativeLiabilitiesAtFairValue
17000000
CY2012Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
22467000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
739000000
CY2012Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
443000000
CY2012Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
2834000000
CY2012Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
20900000000
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5156000000
CY2012Q4 us-gaap Secured Debt
SecuredDebt
11398000000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
40499000000
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
26188000000
CY2012Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
49910000000
CY2012Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Liabilities
VariableInterestEntityNonconsolidatedCarryingAmountLiabilities
521000000
CY2012Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
644000000
CY2012Q4 us-gaap Credit Derivative Maximum Exposure Undiscounted
CreditDerivativeMaximumExposureUndiscounted
19000000
CY2012Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
4500000000
CY2012Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
400000000
CY2012Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
426000000
CY2012Q4 us-gaap Deposits
Deposits
212485000000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16853000000
CY2012Q4 us-gaap Customer Securities For Which Entity Has Right To Sell Or Repledge Fair Value
CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue
238000000
CY2012Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
190018000000
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1796000000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
6000000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
312918000000
CY2012Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
899000000
CY2012Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
1635000000
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
9574000000
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
28762000000
CY2012Q4 us-gaap Liabilities
Liabilities
272419000000
CY2012Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
450000000
CY2012Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
400000000
CY2012Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
13633000000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
400000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesCarryingAmountNet
2887000000
CY2012Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
3440000000
CY2012Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
9000000
CY2012Q4 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
38820000000
CY2012Q4 us-gaap Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
13800000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1848000000
CY2012Q4 us-gaap Goodwill
Goodwill
13904000000
CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
62850000000
CY2012Q4 us-gaap Derivative Assets
DerivativeAssets
1848000000
CY2012Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
200733000000
CY2012Q4 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
2700000000
CY2012Q4 us-gaap Loans And Leases Receivable Consumer Installment And Revolving
LoansAndLeasesReceivableConsumerInstallmentAndRevolving
91755000000
CY2012Q4 us-gaap Retained Interest Fair Value Disclosure
RetainedInterestFairValueDisclosure
204000000
CY2012Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
309000000
CY2012Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
9000000
CY2012Q4 us-gaap Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
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CY2012Q4 us-gaap Assets
Assets
312918000000
CY2012Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
66086000000
CY2012Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
2809000000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
1467000000
CY2012Q4 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
201000000
CY2012Q4 us-gaap Loans And Leases Receivable Consumer
LoansAndLeasesReceivableConsumer
75127000000
CY2012Q4 us-gaap Interest Receivable
InterestReceivable
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CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
11702000000
CY2012Q4 us-gaap Held To Maturity Securities Pledged As Collateral
HeldToMaturitySecuritiesPledgedAsCollateral
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CY2012Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2012Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
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CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
120000000
CY2012Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
63979000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2012Q4 us-gaap Held To Maturity Securities Fair Value
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9000000
CY2012Q4 us-gaap Marketable Securities
MarketableSecurities
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CY2012Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
1300000000
CY2012Q4 us-gaap Impaired Financing Receivable Recorded Investment
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1980000000
CY2012Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
7617000000
CY2012Q4 us-gaap Other Assets
OtherAssets
17325000000
CY2012Q4 us-gaap Loans And Leases Receivable Other
LoansAndLeasesReceivableOther
187000000
CY2012Q4 us-gaap Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
17732000000
CY2012Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
428000000
CY2012Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
205889000000
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesOutstandingBalance
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dei Entity Registrant Name
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CAPITAL ONE FINANCIAL CORP
dei Amendment Flag
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dei Entity Filer Category
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dei Document Fiscal Year Focus
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2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Central Index Key
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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<div> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <strong>Use of Estimates</strong></p> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> &#xA0;</p> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements and related disclosures. These estimates are based on information available as of the date of the unaudited condensed consolidated financial statements. While management makes its best judgment, actual amounts or results could differ from these estimates. Interim period results may not be indicative of results for the full year. Certain prior period amounts have been reclassified to conform to the current period presentation.</p> </div>
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