Finance Receivables And Loans, Net (Tables)

3 Months Ended

Mar. 31, 2013

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.

($ in millions)	March 31, 2013		December 31, 2012
Consumer automobile	$	55,014	$	53,715
Consumer mortgage
1st Mortgage	7,095		7,173
Home equity	2,577		2,648
Total consumer mortgage	9,672		9,821
Commercial
Commercial and industrial
Automobile	29,255		30,270
Mortgage	—		—
Other	2,562		2,697
Commercial real estate
Automobile	2,620		2,552
Mortgage	—		—
Total commercial	34,437		35,519
Total finance receivables and loans (a) (b)	$	99,123	$	99,055

(a) Totals are net of unearned income, unamortized premiums and discounts, and deferred fees and costs of $842 million and $895 million at March 31, 2013, and December 31, 2012, respectively.

(b) Includes $1 million and $2 million of foreign consumer automobile loans, and $15 million and $18 million of foreign commercial other loans at March 31, 2013, and December 31, 2012, respectively.

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

Three months ended March 31, 2012 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at January 1, 2012	$	766		$	516		$	221		$	1,503
Charge-offs (a)	(136		)	(45		)	(2		)	(183		)
Recoveries (b)	62			2			12			76
Net charge-offs	(74		)	(43		)	10			(107		)
Provision for loan losses	83			27			(12		)	98
Other (c)	57			1			(6		)	52
Allowance at March 31, 2012	$	832		$	501		$	213		$	1,546
Allowance for loan losses
Individually evaluated for impairment	$	8		$	168		$	47		$	223
Collectively evaluated for impairment	816			333			166			1,315
Loans acquired with deteriorated credit quality	8			—			—			8
Finance receivables and loans at historical cost
Ending balance	67,214			9,958			41,814			118,986
Individually evaluated for impairment	88			619			367			1,074
Collectively evaluated for impairment	67,055			9,339			41,447			117,841
Loans acquired with deteriorated credit quality	71			—			—			71

(a) Includes foreign consumer automobile charge-offs of $36 million.

(b) Includes foreign consumer automobile and foreign commercial recoveries of $16 million and $5 million, respectively.

(c) Includes provision for loan losses relating to discontinued operations of $42 million.

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

Three months ended March 31, 2013 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at January 1, 2013	$	575		$	452		$	143		$	1,170
Charge-offs	(142		)	(24		)	(1		)	(167		)
Recoveries	49			3			1			53
Net charge-offs	(93		)	(21		)	—			(114		)
Provision for loan losses	107			20			4			131
Other	10			—			—			10
Allowance at March 31, 2013	$	599		$	451		$	147		$	1,197
Allowance for loan losses
Individually evaluated for impairment	$	22		$	209		$	28		$	259
Collectively evaluated for impairment	575			242			119			936
Loans acquired with deteriorated credit quality	2			—			—			2
Finance receivables and loans at historical cost
Ending balance	55,014			9,672			34,437			99,123
Individually evaluated for impairment	270			933			1,397			2,600
Collectively evaluated for impairment	54,722			8,739			33,040			96,501
Loans acquired with deteriorated credit quality	22			—			—			22

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 March 31,
($ in millions)	2013		2012
Consumer mortgage	$	—	$	40
Commercial	18		—
Total sales and transfers	$	18	$	40

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
March 31, 2013
Consumer automobile	$	743	$	152	$	133	$	1,028	$	53,986	$	55,014
Consumer mortgage
1st Mortgage	76		32		147		255		6,840		7,095
Home equity	16		6		15		37		2,540		2,577
Total consumer mortgage	92		38		162		292		9,380		9,672
Commercial
Commercial and industrial
Automobile	26		—		24		50		29,205		29,255
Mortgage	—		—		—		—		—		—
Other	—		—		—		—		2,562		2,562
Commercial real estate
Automobile	1		—		15		16		2,604		2,620
Mortgage	—		—		—		—		—		—
Total commercial	27		—		39		66		34,371		34,437
Total consumer and commercial	$	862	$	190	$	334	$	1,386	$	97,737	$	99,123
December 31, 2012
Consumer automobile	$	920	$	213	$	138	$	1,271	$	52,444	$	53,715
Consumer mortgage
1st Mortgage	66		37		156		259		6,914		7,173
Home equity	15		6		18		39		2,609		2,648
Total consumer mortgage	81		43		174		298		9,523		9,821
Commercial
Commercial and industrial
Automobile	—		—		16		16		30,254		30,270
Mortgage	—		—		—		—		—		—
Other	—		—		1		1		2,696		2,697
Commercial real estate
Automobile	—		—		8		8		2,544		2,552
Mortgage	—		—		—		—		—		—
Total commercial	—		—		25		25		35,494		35,519
Total consumer and commercial	$	1,001	$	256	$	337	$	1,594	$	97,461	$	99,055

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)	March 31, 2013		December 31, 2012
Consumer automobile	$	266	$	260
Consumer mortgage
1st Mortgage	372		342
Home equity	30		40
Total consumer mortgage	402		382
Commercial
Commercial and industrial
Automobile	168		146
Mortgage	—		—
Other	63		33
Commercial real estate
Automobile	39		37
Mortgage	—		—
Total commercial	270		216
Total consumer and commercial finance receivables and loans	$	938	$	858

Financing Receivable Credit Quality Indicators [Table Text Block]

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. Nonperforming loans include finance receivables and loans on nonaccrual status when the principal or interest has been delinquent for 90 days or when full collection is determined not to be probable. Refer to Note 1 to the Consolidated Financial Statements in our 2012 Annual Report on Form 10-K for additional information.

	March 31, 2013						December 31, 2012
($ in millions)	Performing		Nonperforming		Total		Performing		Nonperforming		Total
Consumer automobile	$	54,748	$	266	$	55,014	$	53,455	$	260	$	53,715
Consumer mortgage
1st Mortgage	6,723		372		7,095		6,831		342		7,173
Home equity	2,547		30		2,577		2,608		40		2,648
Total consumer mortgage	$	9,270	$	402	$	9,672	$	9,439	$	382	$	9,821

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.

	March 31, 2013						December 31, 2012
($ in millions)	Pass		Criticized (a)		Total		Pass		Criticized (a)		Total
Commercial
Commercial and industrial
Automobile	$	27,905	$	1,350	$	29,255	$	28,978	$	1,292	$	30,270
Mortgage	—		—		—		—		—		—
Other	2,296		266		2,562		2,417		280		2,697
Commercial real estate
Automobile	2,502		118		2,620		2,440		112		2,552
Mortgage	—		—		—		—		—		—
Total commercial	$	32,703	$	1,734	$	34,437	$	33,835	$	1,684	$	35,519

(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.

Impaired Financing Receivables [Table Text Block]

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

	2013				2012
Three months ended March 31, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automobile	$	272	$	4	$	83	$	2
Consumer mortgage
1st Mortgage	744		7		512		4
Home equity	135		1		100		1
Total consumer mortgage	879		8		612		5
Commercial
Commercial and industrial
Automobile	157		2		196		2
Mortgage	—		—		7		—
Other	57		—		34		—
Commercial real estate
Automobile	38		—		63		—
Mortgage	—		—		15		—
Total commercial	252		2		315		2
Total consumer and commercial finance receivables and loans	$	1,403	$	14	$	1,010	$	9

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
March 31, 2013
Consumer automobile	$	270	$	270	$	—	$	270	$	22
Consumer mortgage
1st Mortgage	790		784		125		659		149
Home equity	148		149		2		147		60
Total consumer mortgage	938		933		127		806		209
Commercial
Commercial and industrial
Automobile	168		168		54		114		10
Mortgage	—		—		—		—		—
Other	63		63		10		53		7
Commercial real estate
Automobile	39		39		12		27		11
Mortgage	—		—		—		—		—
Total commercial	270		270		76		194		28
Total consumer and commercial finance receivables and loans	$	1,478	$	1,473	$	203	$	1,270	$	259
December 31, 2012
Consumer automobile	$	260	$	260	$	90	$	170	$	16
Consumer mortgage
1st Mortgage	811		725		123		602		137
Home equity	147		148		1		147		49
Total consumer mortgage	958		873		124		749		186
Commercial
Commercial and industrial
Automobile	146		146		54		92		7
Mortgage	—		—		—		—		—
Other	33		33		9		24		7
Commercial real estate
Automobile	37		37		9		28		12
Mortgage	—		—		—		—		—
Total commercial	216		216		72		144		26
Total consumer and commercial finance receivables and loans	$	1,434	$	1,349	$	286	$	1,063	$	228

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

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

	2013 (a)					2012
Three months ended March 31, ($ 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	5,285	$	79	$	68	2,792	$	33	$	33
Consumer mortgage
1st Mortgage	474	165		130		77	28		27
Home equity	71	4		4		173	10		9
Total consumer mortgage	545	169		134		250	38		36
Commercial
Commercial and industrial
Automobile	4	25		25		3	3		3
Mortgage	—	—		—		—	—		—
Other	1	33		31		—	—		—
Commercial real estate
Automobile	3	11		11		1	2		2
Mortgage	—	—		—		—	—		—
Total commercial	8	69		67		4	5		5
Total consumer and commercial finance receivables and loans	5,838	$	317	$	269	3,046	$	76	$	74

(a) Due to recent industry practice, bankruptcy loans that have not been reaffirmed have been included within our TDR population beginning in the fourth quarter of 2012.

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

The following table presents 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 2012 Annual Report on Form 10-K for additional information) except for commercial finance receivables and loans where redefault is defined as 90 days past due.

	2013 (a)					2012
Three months ended March 31, ($ in millions)	Number of loans	Carrying value before allowance		Charge-off amount		Number of loans	Carrying value before allowance		Charge-off amount
Consumer automobile	1,333	$	16	$	8	208	$	2	$	1
Consumer mortgage
1st Mortgage	8	2		—		5	1		—
Home equity	2	—		—		4	1		1
Total consumer mortgage	10	2		—		9	2		1
Commercial
Commercial and industrial
Automobile	—	—		—		2	2		—
Commercial real estate
Automobile	—	—		—		—	—		—
Total commercial	—	—		—		2	2		—
Total consumer and commercial finance receivables and loans	1,343	$	18	$	8	219	$	6	$	2

(a) Due to recent industry practice, bankruptcy loans that have not been reaffirmed have been included within our TDR population beginning in the fourth quarter of 2012.

Summary of higher-risk mortgage finance 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)	March 31, 2013		December 31, 2012
Interest-only mortgage loans (a)	$	1,853	$	2,063
Below-market rate (teaser) mortgages	185		192
Total higher-risk mortgage finance receivables and loans	$	2,038	$	2,255

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