(Millions of dollars) | Year ended December 31, 2013 | |||||||||||
Number of Contracts | Pre-TDR Outstanding Recorded Investment | Post-TDR Outstanding Recorded Investment | ||||||||||
Customer | ||||||||||||
North America | 62 | $ | 9 | $ | 9 | |||||||
Europe | 51 | 7 | 7 | |||||||||
Asia Pacific | 3 | 1 | 1 | |||||||||
Mining | 45 | 123 | 123 | |||||||||
Latin America | 16 | 2 | 2 | |||||||||
Caterpillar Power Finance 1 | 17 | 153 | 157 | |||||||||
Total 2 | 194 | $ | 295 | $ | 299 | |||||||
Year ended December 31, 2012 | ||||||||||||
Number of Contracts | Pre-TDR Outstanding Recorded Investment | Post-TDR Outstanding Recorded Investment | ||||||||||
Customer | ||||||||||||
North America | 98 | $ | 15 | $ | 15 | |||||||
Europe | 21 | 8 | 8 | |||||||||
Asia Pacific | 12 | 3 | 3 | |||||||||
Mining | — | — | — | |||||||||
Latin America | 41 | 5 | 5 | |||||||||
Caterpillar Power Finance 1 | 27 | 253 | 253 | |||||||||
Total 2 | 199 | $ | 284 | $ | 284 | |||||||
Year ended December 31, 2011 | ||||||||||||
Number of Contracts | Pre-TDR Outstanding Recorded Investment | Post-TDR Outstanding Recorded Investment | ||||||||||
Customer | ||||||||||||
North America | 71 | $ | 13 | $ | 13 | |||||||
Europe | 7 | 44 | 44 | |||||||||
Asia Pacific | — | — | — | |||||||||
Mining | — | — | — | |||||||||
Latin America | 12 | 10 | 10 | |||||||||
Caterpillar Power Finance 1 | 35 | 117 | 117 | |||||||||
Total 2 | 125 | $ | 184 | $ | 184 | |||||||
1 | During the years ended December 31, 2013, 2012 and 2011, $25 million, $24 million and $15 million, respectively, of additional funds were subsequently loaned to a borrower whose terms had been modified in a TDR. The $25 million, $24 million and $15 million of additional funds are not reflected in the table above as no incremental modifications have been made with the borrower during the periods presented. At December 31, 2013, remaining commitments to lend additional funds to a borrower whose terms have been modified in a TDR were $6 million. |
2 | Modifications include extended contract maturities, inclusion of interest only periods, below market interest rates, and extended skip payment periods. |