Description Of Business, Basis Of Presentation, And Changes In Significant Accounting Policies Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2012

Description Of Business, Basis Of Presentation, And Changes In Significant Accounting Policies [Abstract]

ResCap Deconsolidation - Assets, Liabilities, and AOCI [Table Text Block]

As a result of the bankruptcy filing, effective May 14, 2012, we have deconsolidated ResCap from our financial statements and ResCap is prospectively accounted for using the cost method. Furthermore, circumstances indicated to us that as of May 14, 2012, our investment in ResCap would not be recoverable, and accordingly we recorded a full impairment of such investment. The deconsolidation resulted in the removal of the following assets, liabilities, and accumulated other comprehensive income items from our Condensed Consolidated Balance Sheet.

($ in millions)	May 13, 2012
Assets
Cash and cash equivalents
Noninterest-bearing	$	494
Interest-bearing	45
Total cash and cash equivalents	539
Trading assets	31
Loans held-for-sale, net	4,103
Finance receivables and loans, net
Finance receivables and loans, net	743
Allowance for loan losses	(9		)
Total finance receivables and loans, net	734
Mortgage servicing rights	1,130
Premiums receivable and other insurance assets	4
Other assets	5,365
Total assets	$	11,906
Liabilities
Short-term borrowings	$	788
Long-term debt	5,428
Interest payable	157
Reserves for insurance losses and loss adjustment expenses	89
Accrued expenses and other liabilities	5,002
Total liabilities	$	11,464
Accumulated other comprehensive income
Foreign currency translation adjustment	$	20

ResCap Results of Operations [Table Text Block]

As ResCap remains a wholly owned subsidiary of Ally as of June 30, 2012, and they do not meet the requirements of a discontinued operation, ResCap's results of operations continue to be included in our Condensed Consolidated Statement of Comprehensive Income for periods prior to May 14, 2012. Our Condensed Consolidated Statements of Comprehensive Income include the following for ResCap's results of operations (amounts presented are before the elimination of balances and transactions with Ally).

($ in millions)	Period from April 1, 2012 to May 13, 2012			Three months ended June 30, 2011			Period from January 1, 2012 to May 13, 2012		Six months ended June 30, 2011
Total net revenue	$	49		$	277		$	476	$	576
Provision for loan losses	1			1			—		7
Total noninterest expense	128			389			437		632
(Loss) income from continuing operations before income tax expense	(80		)	(113		)	39		(63		)
Income tax expense from continuing operations	2			—			7		9
Net (loss) income from continuing operations	$	(82	)	$	(113	)	$	32	$	(72	)