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December 31, 2011, 2010 and 2009 (currencies in millions) 

over 90 days past-due and other accounts on non-accrual status. The Company uses historical data and expectations about the future to estimate default rates for each credit quality indicator as of December 31, 2011. The table below summarizes the Company’s finance receivables by credit quality indicator and portfolio class. 

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The table below summarizes the Company’s financing receivables by aging category: 

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Troubled Debt Restructurings: The Company modifies loans and finance leases as a normal part of its Financial Services operations. The Company’s modifications typically result in granting more time to pay the contractual amounts owed and charging a fee and additional interest for the modification. The Company rarely forgives principal or accrued interest and may require principal and accrued interest payments at the time of modification. When the Company modifies loans and finance leases for customers in financial difficulty and grants a concession, the modifications are classified as TDRs. For the year ended December 31, 2011, the decrease in the recorded investment for loans and leases modified as TDRs was $.2 resulting in post- modification recorded investment of $33.1. At modification date, the pre- and post-modification recorded investment balances by portfolio class are as follows: 

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The balance of TDRs was $26.0 and $6.5 at December 31, 2011 and 2010, respectively. 

