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Consolidated Statement of Income (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Financing Revenue and Other Interest Income [Abstract]                      
Interest and fees on finance receivables and loans                 $ 4,539 $ 4,189 $ 3,882
Interest on loans held-for-sale                 98 180 340
Interest on trading assets                 10 8 1
Interest and dividends on available-for-sale investment securities                 292 350 320
Interest-bearing cash                 24 15 30
Operating leases                 2,379 1,929 2,583
Total financing revenue and other interest income                 7,342 6,671 7,156
Interest Expense [Abstract]                      
Interest on deposits                 645 615 580
Interest on short-term borrowings                 71 61 45
Interest on long-term debt                 3,336 3,930 4,207
Total interest expense                 4,052 4,606 4,832
Depreciation expense on operating lease assets                 1,399 941 1,251
Net financing revenue (loss) 611 472 457 351 318 254 340 212 1,891 1,124 1,073
Other revenue [Abstract]                      
Servicing fees                 409 525 522
Servicing asset valuation and hedge activities, net                 (4) (434) (617)
Total servicing income, net                 405 91 (95)
Insurance premiums and service revenue earned                 1,055 1,153 1,342
Gain (loss) on mortgage and automotive loans, net                 379 229 587
Gain (loss) on extinguishment of debt                 (148) (64) (124)
Other gain (loss) on investments, net                 146 258 501
Other income, net of losses                 737 621 461
Total other revenue 480 775 714 605 591 550 611 536 2,574 2,288 2,672
Total net revenue (loss) 1,091 1,247 1,171 956 909 804 951 748 4,465 3,412 3,745
Provision for loan losses 93 105 33 98 (30) 55 57 79 329 161 361
Noninterest Expense [Abstract]                      
Compensation and benefits expense                 1,106 993 1,087
Insurance losses and loss adjustment expenses                 454 452 511
Other operating expenses                 2,062 1,983 2,023
Total noninterest expense 951 845 971 855 921 745 920 842 3,622 3,428 3,621
Income (loss) from continuing operations before income tax expense 47 297 167 3 18 4 (26) (173) 514 (177) (237)
Income tax expense (benefit) from continuing operations (887) 46 (16) 1 14 10 8 10 (856) 42 97
Net income (loss) from continuing operations 934 251 183 2 4 (6) (34) (183) 1,370 (219) (334)
Income (loss) from discontinued operations, net of tax 466 133 (1,081) 308 (210) (204) 147 329 (174) 62 1,363
Net income (loss) 1,400 384 (898) 310 (206) (210) 113 146 1,196 (157) 1,029
Net income (loss) attributable to common shareholders [Abstract]                      
Net income (loss) from continuing operations 934 251 183 2 4 (6) (34) (183) 1,370 (219) (334)
Preferred stock dividends - U.S. Department of Treasury                 (535) (534) (963)
Preferred stock dividends                 (267) (260) (282)
Impact of preferred stock amendment                 0 [1] 32 [1] (616) [1]
Net income (loss) from continuing operations attributable to common shareholders                 568 (981) (2,195)
Income (loss) from discontinued operations, net of tax 466 133 (1,081) 308 (210) (204) 147 329 (174) 62 1,363
Net income (loss) attributable to common shareholders                 $ 394 $ (919) $ (832)
Basic weighted-average common shares outstanding                 1,330,970 1,330,970 800,597
Diluted weighted-average common shares outstanding                 1,330,970 [2] 1,330,970 [2] 800,597 [2]
Earnings Per Share, Basic [Abstract]                      
Net income (loss) from continuing operations, Per Basic Share $ 551 $ 38 $ (13) $ (149)         $ 427 $ (738) $ (2,742)
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share                 $ (131) $ 47 $ 1,703
Net (loss) income, Basic $ 901 $ 137 $ (825) $ 82         $ 296 $ (691) $ (1,039)
Earnings Per Share, Diluted [Abstract]                      
Net income (loss) from continuing operations, Per Diluted Share $ 455 $ 38 $ (13) $ (149)         $ 427 [2] $ (738) [2] $ (2,742) [2]
Income (loss) from discontinued operations, net of tax                 $ (131) [2] $ 47 [2] $ 1,703 [2]
Net (loss) income, Diluted $ 700 $ 137 $ (825) $ 82         $ 296 [2] $ (691) [2] $ (1,039) [2]
[1] Refer to Note 18 to the Consolidated Financial Statements for further detail.
[2] 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 2011 and 2010, respectively, net income (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.