pre_text: The company utilizes certain of its financing receivables as collateral for nonrecourse borrowings. Financing receivables pledged as collateral for borrowings were $1,062 million and $710 million at December 31, 2019 and 2018, respectively. These borrowings are included in note P, “Borrowings.” The company did not have any financing receivables held for sale as of December 31, 2019 and 2018.
table: ($ in millions)
table: At December 31, 2018: Investment in Sales-Type and Direct Financing Leases Commercial Financing Receivables Client Loan and Installment Payment Receivables/ (Loans) Total
table: Financing receivables, gross $6,846 $11,889 $13,614 $32,348
table: Unearned income (526) (37) (632) (1,195)
table: Recorded investment $6,320 $11,852 $12,981 $31,153
table: Allowance for credit losses (99) (13) (179) (292)
table: Unguaranteed residual value 589 — — 589
table: Guaranteed residual value 85 — — 85
table: Total financing receivables, net $6,895 $11,838 $12,802 $31,536
table: Current portion $2,834 $11,838 $ 7,716 $22,388
table: Noncurrent portion $4,061 $    — $ 5,086 $ 9,148
question: Analyse this data from a financial earnings document. What is the average Recorded investment?