Table:
| ($ in millions) |  |  |  |  |
| --- | --- | --- | --- | --- |
| At December 31, 2018: | Americas | EMEA | Asia Pacific | Total |
| Recorded investment: |  |  |  |  |
| Lease receivables | $ 3,827 | $1,341 | $1,152 | $ 6,320 |
| Loan receivables | 6,817 | 3,675 | 2,489 | 12,981 |
| Ending balance | $10,644 | $5,016 | $3,641 | $19,301 |
| Recorded investment, collectively evaluated for impairment | $10,498 | $4,964 | $3,590 | $19,052 |
| Recorded investment, individually evaluated for impairment | $   146 | $   52 | $   51 | $   249 |
| Allowance for credit losses |  |  |  |  |
| Beginning balance at January 1, 2018 |  |  |  |  |
| Lease receivables | $    63 | $    9 | $   31 | $   103 |
| Loan receivables | 108 | 52 | 51 | 211 |
| Total | $   172 | $   61 | $   82 | $   314 |
| Write-offs | (10) | (2) | (23) | (35) |
| Recoveries | 0 | 0 | 2 | 2 |
| Provision | 7 | 9 | 0 | 16 |
| Other* | (11) | (3) | (4) | (19) |
| Ending balance at December 31, 2018 | $   158 | $   65 | $   56 | $   279 |
| Lease receivables | $    53 | $   22 | $    24 | $    99 |
| Loan receivables | $   105 | $   43 | $    32 | $   179 |
| Related allowance, collectively evaluated for impairment | $    39 | $   16 | $    5 | $     59 |
| Related allowance, individually evaluated for impairment | $   119 | $   49 | $    51 | $   219 |
Paragraphs:
Write-offs of lease receivables and loan receivables were $15 million and $20 million, respectively, for the year ended December 31, 2018. Provisions for credit losses recorded for lease receivables and loan receivables were $14 million and $2 million, respectively, for the year ended December 31, 2018.
The average recorded investment of impaired leases and loans for Americas, EMEA and Asia Pacific was $138 million, $55 million and $73 million, respectively, for the year ended December 31, 2018. Both interest income recognized, and interest income recognized on a cash basis on impaired leases and loans were immaterial for the year ended December 31, 2018.
Question:
What is the average Allowance for credit losses of Lease receivables at the beginning of January 2018?
Answer: 103 / 3 = 34.33