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Consolidated Statement of Income (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Financing Revenue and Other Interest Income [Abstract]        
Interest and fees on finance receivables and loans $ 1,139 $ 1,140 $ 2,274 $ 2,233
Interest on loans held-for-sale 3 20 19 51
Interest on trading assets 0 1 0 10
Interest and dividends on available-for-sale investment securities 76 77 144 151
Interest-bearing cash 2 9 5 11
Operating leases 788 561 1,522 1,068
Total financing revenue and other interest income 2,008 1,808 3,964 3,524
Interest Expense [Abstract]        
Interest on deposits 162 160 326 323
Interest on short-term borrowings 16 19 32 36
Interest on long-term debt 703 837 1,404 1,717
Total interest expense 881 1,016 1,762 2,076
Depreciation expense on operating lease assets 499 335 934 640
Net financing revenue (loss) 628 457 1,268 808
Other revenue [Abstract]        
Servicing fees 19 113 101 235
Servicing asset valuation and hedge activities, net (12) 46 (213) (60)
Total servicing income, net 7 159 (112) 175
Insurance premiums and service revenue earned 258 261 517 531
Gain (loss) on mortgage and automotive loans, net (1) 86 37 106
Other gain (loss) on investments, net 64 64 115 153
Other income, net of losses 74 144 231 354
Total other revenue 402 714 788 1,319
Total net revenue (loss) 1,030 1,171 2,056 2,127
Provision for loan losses 89 33 220 131
Noninterest Expense [Abstract]        
Compensation and benefits expense 252 270 537 573
Insurance losses and loss adjustment expenses 146 149 261 247
Other operating expenses 403 552 961 1,006
Total noninterest expense 801 971 1,759 1,826
Income (loss) from continuing operations before income tax expense 140 167 77 170
Income tax expense (benefit) from continuing operations 40 (16) (83) (15)
Net income (loss) from continuing operations 100 183 160 185
Income (loss) from discontinued operations, net of tax (1,027) (1,081) 6 (773)
Net income (loss) (927) (898) 166 (588)
Other comprehensive income (loss), net of tax (181) (206) (498) (19)
Comprehensive income (loss) (1,108) (1,104) (332) (607)
Net income (loss) attributable to common shareholders [Abstract]        
Net income (loss) from continuing operations 100 183 160 185
Preferred stock dividends - U.S. Department of Treasury (133) (134) (267) (267)
Preferred stock dividends (67) (67) (134) (134)
Net income (loss) from continuing operations attributable to common shareholders (100) (18) (241) (216)
Income (loss) from discontinued operations, net of tax (1,027) (1,081) 6 (773)
Net income (loss) attributable to common shareholders $ (1,127) $ (1,099) $ (235) $ (989)
Basic weighted-average common shares outstanding 1,330,970 1,330,970 1,330,970 1,330,970
Diluted weighted-average common shares outstanding 1,330,970 [1] 1,330,970 [1] 1,330,970 [1] 1,330,970 [1]
Earnings Per Share, Basic [Abstract]        
Net income (loss) from continuing operations, Per Basic Share $ (75) $ (13) $ (180) $ (162)
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share $ (772) $ (812) $ 4 $ (581)
Net (loss) income, Basic $ (847) $ (825) $ (176) $ (743)
Earnings Per Share, Diluted [Abstract]        
Net income (loss) from continuing operations, Per Diluted Share $ (75) [1] $ (13) [1] $ (180) [1] $ (162) [1]
Income (loss) from discontinued operations, net of tax $ (772) [1] $ (812) [1] $ 4 [1] $ (581) [1]
Net (loss) income, Diluted $ (847) [1] $ (825) [1] $ (176) [1] $ (743) [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 and six months ended June 30, 2013 and 2012, respectively, 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.