At the end of the second quarter 2009 , Cat Financial 's allowance for credit losses totaled $ 378 million , a decrease of $ 13 million compared to the $ 391 million allowance for credit losses in the second quarter of 2008 . The decrease in allowance for credit losses resulted from a $ 47 million decrease due to a reduction in the overall net finance receivable portfolio , partially offset by a $ 34 million increase in the allowance rate .