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Consolidated Statement of Income (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Financing Revenue and Other Interest Income [Abstract]    
Interest and fees on finance receivables and loans $ 1,135 $ 1,093
Interest on loans held-for-sale 16 31
Interest on trading assets 0 9
Interest and dividends on available-for-sale investment securities 68 74
Interest-bearing cash 3 2
Operating leases 734 507
Total financing revenue and other interest income 1,956 1,716
Interest Expense [Abstract]    
Interest on deposits 164 163
Interest on short-term borrowings 16 17
Interest on long-term debt 701 880
Total interest expense 881 1,060
Depreciation expense on operating lease assets 435 305
Net financing revenue (loss) 640 351
Other revenue [Abstract]    
Servicing fees 82 122
Servicing asset valuation and hedge activities, net (201) (106)
Total servicing income, net (119) 16
Insurance premiums and service revenue earned 259 270
Gain (loss) on mortgage and automotive loans, net 38 20
Other gain (loss) on investments, net 51 89
Other income, net of losses 157 210
Total other revenue 386 605
Total net revenue (loss) 1,026 956
Provision for loan losses 131 98
Noninterest Expense [Abstract]    
Compensation and benefits expense 285 303
Insurance losses and loss adjustment expenses 115 98
Other operating expenses 558 454
Total noninterest expense 958 855
Income (loss) from continuing operations before income tax expense (63) 3
Income tax expense (benefit) from continuing operations (123) 1
Net income (loss) from continuing operations 60 2
Income (loss) from discontinued operations, net of tax 1,033 308
Net income (loss) 1,093 310
Other comprehensive income (loss), net of tax (317) 187
Comprehensive income (loss) 776 497
Net income (loss) attributable to common shareholders [Abstract]    
Net income (loss) from continuing operations 60 2
Preferred stock dividends - U.S. Department of Treasury (133) (134)
Preferred stock dividends (67) (67)
Net income (loss) from continuing operations attributable to common shareholders (140) (199)
Income (loss) from discontinued operations, net of tax 1,033 308
Net income (loss) attributable to common shareholders $ 893 $ 109
Basic weighted-average common shares outstanding 1,330,970 1,330,970
Diluted weighted-average common shares outstanding 1,330,970 [1] 1,330,970 [1]
Earnings Per Share, Basic [Abstract]    
Net income (loss) from continuing operations, Per Basic Share $ (105) $ (149)
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share $ 776 $ 231
Net (loss) income, Basic $ 671 $ 82
Earnings Per Share, Diluted [Abstract]    
Net income (loss) from continuing operations, Per Diluted Share $ (105) [1] $ (149) [1]
Income (loss) from discontinued operations, net of tax $ 776 [1] $ 231 [1]
Net (loss) income, Diluted $ 671 [1] $ 82 [1]
[1] Due to the antidilutive effect of converting the Fixed Rate Cumulative Mandatorily Convertible Preferred Stock into common shares and the net loss from continuing operations attributable to common shareholders for the three months ended March 31, 2013 and 2012, loss from continuing operations attributable to common shareholders and basic weighted-average common shares outstanding were used to calculate basic and diluted earnings per share.