Finance Receivables And Loans, Net (Tables)

6 Months Ended

Jun. 30, 2012

Loans and Leases Receivable, Net Reported Amount, by Category Alternative [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The composition of finance receivables and loans, net, reported at carrying value before allowance for loan losses was as follows.

	June 30, 2012						December 31, 2011
($ in millions)	Domestic		Foreign		Total		Domestic		Foreign		Total
Consumer automobile	$	50,697	$	17,439	$	68,136	$	46,576	$	16,883	$	63,459
Consumer mortgage
1st Mortgage	7,030		—		7,030		6,867		24		6,891
Home equity	2,793		—		2,793		3,102		—		3,102
Total consumer mortgage	9,823		—		9,823		9,969		24		9,993
Commercial
Commercial and industrial
Automobile	28,061		7,786		35,847		26,552		8,265		34,817
Mortgage	1,146		—		1,146		1,887		24		1,911
Other	2,391		44		2,435		1,178		63		1,241
Commercial real estate
Automobile	2,387		139		2,526		2,331		154		2,485
Mortgage	—		—		—		—		14		14
Total commercial	33,985		7,969		41,954		31,948		8,520		40,468
Loans at fair value (a)	—		—		—		603		232		835
Total finance receivables and loans (b)	$	94,505	$	25,408	$	119,913	$	89,096	$	25,659	$	114,755

(a) Includes domestic consumer mortgages at fair value as a result of fair value option election. Refer to Note 22 for additional information.

(b) Totals are net of unearned income, unamortized premiums and discounts, and deferred fees and costs of $3.0 billion and $2.9 billion at June 30, 2012, and December 31, 2011, respectively.

Allowance for Credit Losses on Financing Receivables [Table Text Block]

Six months ended June 30, 2012 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at January 1, 2012	$	766		$	516		$	221		$	1,503
Charge-offs
Domestic	(185		)	(86		)	(3		)	(274		)
Foreign	(81		)	—			(2		)	(83		)
Total charge-offs	(266		)	(86		)	(5		)	(357		)
Recoveries
Domestic	88			6			9			103
Foreign	34			—			25			59
Total recoveries	122			6			34			162
Net charge-offs	(144		)	(80		)	29			(195		)
Provision for loan losses	178			48			(57		)	169
Deconsolidation of ResCap	—			(9		)	—			(9		)
Other	(22		)	(3		)	(16		)	(41		)
Allowance at June 30, 2012	$	778		$	472		$	177		$	1,427
Allowance for loan losses
Individually evaluated for impairment	$	9		$	166		$	32		$	207
Collectively evaluated for impairment	763			306			145			1,214
Loans acquired with deteriorated credit quality	6			—			—			6
Finance receivables and loans at historical cost
Ending balance	68,136			9,823			41,954			119,913
Individually evaluated for impairment	97			688			1,525			2,310
Collectively evaluated for impairment	67,980			9,135			40,429			117,544
Loans acquired with deteriorated credit quality	59			—			—			59

Three months ended June 30, 2011 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at April 1, 2011	$	916		$	563		$	327		$	1,806
Charge-offs
Domestic	(95		)	(48		)	(12		)	(155		)
Foreign	(33		)	(2		)	(17		)	(52		)
Total charge-offs	(128		)	(50		)	(29		)	(207		)
Recoveries
Domestic	51			6			6			63
Foreign	17			—			6			23
Total recoveries	68			6			12			86
Net charge-offs	(60		)	(44		)	(17		)	(121		)
Provision for loan losses	51			38			(39		)	50
Discontinued operations	—			1			—			1
Other	4			—			(1		)	3
Allowance at June 30, 2011	$	911		$	558		$	270		$	1,739

The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans.

Three months ended June 30, 2012 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at April 1, 2012	$	832		$	501		$	213		$	1,546
Charge-offs
Domestic	(85		)	(41		)	(1		)	(127		)
Foreign	(45		)	—			(2		)	(47		)
Total charge-offs	(130		)	(41		)	(3		)	(174		)
Recoveries
Domestic	42			4			2			48
Foreign	18			—			20			38
Total recoveries	60			4			22			86
Net charge-offs	(70		)	(37		)	19			(88		)
Provision for loan losses	45			20			(36		)	29
Deconsolidation of ResCap	—			(9		)	—			(9		)
Other	(29		)	(3		)	(19		)	(51		)
Allowance at June 30, 2012	$	778		$	472		$	177		$	1,427

Six months ended June 30, 2011 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at January 1, 2011	$	970		$	580		$	323		$	1,873
Charge-offs
Domestic	(234		)	(108		)	(18		)	(360		)
Foreign	(75		)	(2		)	(48		)	(125		)
Total charge-offs	(309		)	(110		)	(66		)	(485		)
Recoveries
Domestic	101			9			12			122
Foreign	36			—			17			53
Total recoveries	137			9			29			175
Net charge-offs	(172		)	(101		)	(37		)	(310		)
Provision for loan losses	104			78			(19		)	163
Discontinued operations	—			1			—			1
Other	9			—			3			12
Allowance at June 30, 2011	$	911		$	558		$	270		$	1,739
Allowance for loan losses
Individually evaluated for impairment	$	—		$	94		$	57		$	151
Collectively evaluated for impairment	899			464			213			1,576
Loans acquired with deteriorated credit quality	12			—			—			12
Finance receivables and loans at historical cost
Ending balance	58,735			10,412			40,632			109,779
Individually evaluated for impairment	—			549			1,070			1,619
Collectively evaluated for impairment	58,612			9,863			39,562			108,037
Loans acquired with deteriorated credit quality	123			—			—			123

Schedule Of Sales Of Financing Receivables And Loans [Table Text Block]

The following table presents information about significant sales of finance receivables and loans recorded at historical cost and transfers of finance receivables and loans from held-for-investment to held-for-sale.

	Three months ended June 30,				Six months ended June 30,
($ in millions)	2012		2011		2012		2011
Consumer automobile	$	1,960	$	1,318	$	1,960	$	1,318
Consumer mortgage	—		28		40		93
Commercial	—		—		—		6
Total sales and transfers	$	1,960	$	1,346	$	2,000	$	1,417

Past Due Financing Receivables [Table Text Block]

The following table presents an analysis of our past due finance receivables and loans, net, recorded at historical cost reported at carrying value before allowance for loan losses.

($ in millions)	30-59 days past due		60-89 days past due		90 days or more past due		Total past due		Current		Total finance receivables and loans
June 30, 2012
Consumer automobile	$	738	$	161	$	181	$	1,080	$	67,056	$	68,136
Consumer mortgage
1st Mortgage	80		34		169		283		6,747		7,030
Home equity	15		8		14		37		2,756		2,793
Total consumer mortgage	95		42		183		320		9,503		9,823
Commercial
Commercial and industrial
Automobile	9		4		47		60		35,787		35,847
Mortgage	—		—		—		—		1,146		1,146
Other	—		—		1		1		2,434		2,435
Commercial real estate
Automobile	—		2		14		16		2,510		2,526
Mortgage	—		—		—		—		—		—
Total commercial	9		6		62		77		41,877		41,954
Total consumer and commercial	$	842	$	209	$	426	$	1,477	$	118,436	$	119,913
December 31, 2011
Consumer automobile	$	802	$	162	$	179	$	1,143	$	62,316	$	63,459
Consumer mortgage
1st Mortgage	91		35		162		288		6,603		6,891
Home equity	21		11		18		50		3,052		3,102
Total consumer mortgage	112		46		180		338		9,655		9,993
Commercial
Commercial and industrial
Automobile	—		1		126		127		34,690		34,817
Mortgage	—		—		—		—		1,911		1,911
Other	—		—		1		1		1,240		1,241
Commercial real estate
Automobile	2		1		34		37		2,448		2,485
Mortgage	—		2		12		14		—		14
Total commercial	2		4		173		179		40,289		40,468
Total consumer and commercial	$	916	$	212	$	532	$	1,660	$	112,260	$	113,920

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table presents the carrying value before allowance for loan losses of our finance receivables and loans recorded at historical cost on nonaccrual status.

($ in millions)	June 30, 2012		December 31, 2011
Consumer automobile	$	297	$	228
Consumer mortgage
1st Mortgage	375		281
Home equity	36		58
Total consumer mortgage	411		339
Commercial
Commercial and industrial
Automobile	201		223
Mortgage	—		—
Other	37		37
Commercial real estate
Automobile	49		67
Mortgage	—		12
Total commercial	287		339
Total consumer and commercial finance receivables and loans	$	995	$	906

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents pass and criticized credit quality indicators based on regulatory definitions for our commercial finance receivables and loans recorded at historical cost reported at carrying value before allowance for loan losses.

	June 30, 2012						December 31, 2011
($ in millions)	Pass		Criticized (a)		Total		Pass		Criticized (a)		Total
Commercial
Commercial and industrial
Automobile	$	33,739	$	2,108	$	35,847	$	32,464	$	2,353	$	34,817
Mortgage	1,094		52		1,146		1,760		151		1,911
Other	2,123		312		2,435		883		358		1,241
Commercial real estate
Automobile	2,352		174		2,526		2,305		180		2,485
Mortgage	—		—		—		—		14		14
Total commercial	$	39,308	$	2,646	$	41,954	$	37,412	$	3,056	$	40,468

(a) Includes loans classified as special mention, substandard, or doubtful. These classifications are based on regulatory definitions and generally represent loans within our portfolio that have a higher default risk or have already defaulted.

The following table presents performing and nonperforming credit quality indicators in accordance with our internal accounting policies for our consumer finance receivables and loans recorded at historical cost reported at carrying value before allowance for loan losses.

	June 30, 2012						December 31, 2011
($ in millions)	Performing		Nonperforming		Total		Performing		Nonperforming		Total
Consumer automobile	$	67,839	$	297	$	68,136	$	63,231	$	228	$	63,459
Consumer mortgage
1st Mortgage	6,655		375		7,030		6,610		281		6,891
Home equity	2,757		36		2,793		3,044		58		3,102
Total consumer mortgage	$	9,412	$	411	$	9,823	$	9,654	$	339	$	9,993

Impaired Financing Receivables [Table Text Block]

The following table presents information about our impaired finance receivables and loans recorded at historical cost.

($ in millions)	Unpaid principal balance		Carrying value before allowance		Impaired with no allowance		Impaired with an allowance		Allowance for impaired loans
June 30, 2012
Consumer automobile	$	97	$	97	$	—	$	97	$	9
Consumer mortgage
1st Mortgage	676		598		92		506		127
Home equity	90		91		—		91		39
Total consumer mortgage	766		689		92		597		166
Commercial
Commercial and industrial
Automobile	201		201		85		116		12
Mortgage	—		—		—		—		—
Other	37		37		10		27		6
Commercial real estate
Automobile	49		49		14		35		14
Mortgage	—		—		—		—		—
Total commercial	287		287		109		178		32
Total consumer and commercial finance receivables and loans	$	1,150	$	1,073	$	201	$	872	$	207
December 31, 2011
Consumer automobile	$	69	$	69	$	—	$	69	$	7
Consumer mortgage
1st Mortgage	516		508		83		425		126
Home equity	97		98		—		98		46
Total consumer mortgage	613		606		83		523		172
Commercial
Commercial and industrial
Automobile	222		222		64		158		22
Mortgage	—		—		—		—		—
Other	37		37		25		12		5
Commercial real estate
Automobile	68		68		32		36		18
Mortgage	12		12		1		11		5
Total commercial	339		339		122		217		50
Total consumer and commercial finance receivables and loans	$	1,021	$	1,014	$	205	$	809	$	229

The following tables present average balance and interest income for our impaired finance receivables and loans.

	2012				2011
Three months ended June 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automobile	$	94	$	3	$	—	$	—
Consumer mortgage
1st Mortgage	574		7		448		4
Home equity	96		1		90		1
Total consumer mortgage	670		8		538		5
Commercial
Commercial and industrial
Automobile	185		3		360		1
Mortgage	15		—		32		—
Other	25		5		99		—
Commercial real estate
Automobile	54		1		140		—
Mortgage	7		—		45		—
Total commercial	286		9		676		1
Total consumer and commercial finance receivables and loans	$	1,050	$	20	$	1,214	$	6

	2012				2011
Six months ended June 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automobile	$	88	$	5	$	—	$	—
Consumer mortgage
1st Mortgage	546		11		435		8
Home equity	97		2		88		2
Total consumer mortgage	643		13		523		10
Commercial
Commercial and industrial
Automobile	197		5		353		1
Mortgage	9		—		36		5
Other	29		5		113		1
Commercial real estate
Automobile	58		1		162		—
Mortgage	10		—		55		1
Total commercial	303		11		719		8
Total consumer and commercial finance receivables and loans	$	1,034	$	29	$	1,242	$	18

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

The following tables present information related to finance receivables and loans recorded at historical cost modified in connection with a troubled debt restructuring during the period.

	2012					2011
Three months ended June 30, ($ in millions)	Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance		Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance
Consumer automobile	1,980	$	25	$	25	1,550	$	20	$	20
Consumer mortgage
1st Mortgage	845	231		161		102	37		37
Home equity	54	3		3		266	14		14
Total consumer mortgage	899	234		164		368	51		51
Commercial
Commercial and industrial
Automobile	3	5		5		—	—		—
Mortgage	—	—		—		1	38		28
Other	—	—		—		2	11		10
Commercial real estate
Automobile	3	7		6		1	4		2
Mortgage	—	—		—		1	1		1
Total commercial	6	12		11		5	54		41
Total consumer and commercial finance receivables and loans	2,885	$	271	$	200	1,923	$	125	$	112

	2012					2011
Six months ended June 30, ($ in millions)	Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance		Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance
Consumer automobile	4,772	$	58	$	58	2,778	$	37	$	37
Consumer mortgage
1st Mortgage	922	259		188		229	81		81
Home equity	227	13		12		482	27		25
Total consumer mortgage	1,149	272		200		711	108		106
Commercial
Commercial and industrial
Automobile	6	8		8		1	3		3
Mortgage	—	—		—		1	38		28
Other	—	—		—		2	11		10
Commercial real estate
Automobile	4	9		8		1	4		2
Mortgage	—	—		—		1	1		1
Total commercial	10	17		16		6	57		44
Total consumer and commercial finance receivables and loans	5,931	$	347	$	274	3,495	$	202	$	187

Finance receivables and loans redefaulted during the period [Table Text Block]

The following tables present information about finance receivables and loans recorded at historical cost that have redefaulted during the reporting period and were within 12 months or less of being modified as a troubled debt restructuring. Redefault is when finance receivables and loans meet the requirements for evaluation under our charge-off policy (Refer to Note 1 to the Consolidated Financial Statements in our 2011 Annual Report on Form 10-K for additional information) except for commercial finance receivables and loans where default is defined as 90 days past due.

	2012					2011
Three months ended June 30, ($ in millions)	Number of loans	Carrying value before allowance		Charge-off amount		Number of loans	Carrying value before allowance		Charge-off amount
Consumer automobile	161	$	1	$	1	88	$	1	$	1
Consumer mortgage
1st Mortgage	7	2		1		4	2		—
Home equity	9	—		—		7	—		—
Total consumer mortgage	16	2		1		11	2		—
Commercial
Commercial and industrial
Automobile	2	1		—		1	3		—
Commercial real estate
Automobile	1	2		—		—	—		—
Total commercial	3	3		—		1	3		—
Total consumer and commercial finance receivables and loans	180	$	6	$	2	100	$	6	$	1

	2012					2011
Six months ended June 30, ($ in millions)	Number of loans	Carrying value before allowance		Charge-off amount		Number of loans	Carrying value before allowance		Charge-off amount
Consumer automobile	369	$	3	$	2	88	$	1	$	1
Consumer mortgage
1st Mortgage	12	3		1		5	2		—
Home equity	13	1		1		9	—		—
Total consumer mortgage	25	4		2		14	2		—
Commercial
Commercial and industrial
Automobile	4	3		—		1	3		—
Commercial real estate
Automobile	1	2		—		—	—		—
Total commercial	5	5		—		1	3		—
Total consumer and commercial finance receivables and loans	399	$	12	$	4	103	$	6	$	1

Summary of higher-risk mortgage financing receivables and loans [Table Text Block]

The following table summarizes held-for-investment mortgage finance receivables and loans recorded at historical cost and reported at carrying value before allowance for loan losses by higher-risk loan type.

($ in millions)	June 30, 2012		December 31, 2011
Interest-only mortgage loans (a)	$	2,527	$	2,947
Below-market rate (teaser) mortgages	204		248
Total higher-risk mortgage finance receivables and loans	$	2,731	$	3,195

(a) The majority of the interest-only mortgage loans are expected to start principal amortization in 2015 or beyond.