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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, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Financing Revenue and Other Interest Income [Abstract]                      
Interest and fees on finance receivables and loans                 $ 4,529 $ 4,539 $ 4,189
Interest on loans held-for-sale                 20 98 180
Interest on trading assets                 0 10 8
Interest and dividends on available-for-sale investment securities                 325 292 350
Interest-bearing cash                 10 24 15
Operating leases                 3,209 2,379 1,929
Total financing revenue and other interest income                 8,093 7,342 6,671
Interest Expense [Abstract]                      
Interest on deposits                 654 645 615
Interest on short-term borrowings                 63 71 61
Interest on long-term debt                 2,602 3,336 3,930
Total interest expense                 3,319 4,052 4,606
Depreciation expense on operating lease assets                 1,995 1,399 941
Net financing revenue (loss) 774 737 628 640 611 472 457 351 2,779 1,891 1,124
Other revenue [Abstract]                      
Servicing fees                 126 409 525
Servicing asset valuation and hedge activities, net                 (213) (4) (434)
Total servicing income, net                 (87) 405 91
Insurance premiums and service revenue earned                 1,012 1,055 1,153
Gain (loss) on mortgage and automotive loans, net                 55 379 229
Gain (loss) on extinguishment of debt                 (59) (148) (64)
Other gain (loss) on investments, net                 180 146 258
Other income, net of losses                 383 737 621
Total other revenue 325 371 402 386 480 775 714 605 1,484 2,574 2,288
Total net revenue (loss) 1,099 1,108 1,030 1,026 1,091 1,247 1,171 956 4,263 4,465 3,412
Provision for loan losses 140 141 89 131 93 105 33 98 501 329 161
Noninterest Expense [Abstract]                      
Compensation and benefits expense                 1,019 1,106 993
Insurance losses and loss adjustment expenses                 405 454 452
Other operating expenses                 1,981 2,062 1,983
Total noninterest expense 884 762 801 958 951 845 971 855 3,405 3,622 3,428
Income (loss) from continuing operations before income tax expense 75 205 140 (63) 47 297 167 3 357 514 (177)
Income tax expense (benefit) from continuing operations (4) 28 40 (123) (887) 46 (16) 1 (59) (856) 42
Net income (loss) from continuing operations 79 177 100 60 934 251 183 2 416 1,370 (219)
Income (loss) from discontinued operations, net of tax 25 (86) (1,027) 1,033 466 133 (1,081) 308 (55) (174) 62
Net income (loss) 104 91 (927) 1,093 1,400 384 (898) 310 361 1,196 (157)
Net income (loss) attributable to common shareholders [Abstract]                      
Net income (loss) from continuing operations 79 177 100 60 934 251 183 2 416 1,370 (219)
Preferred stock dividends - U.S. Department of Treasury                 (543) [1] (535) (534)
Impact of repurchase of MCP held by U.S. Department of Treasury                 (240) [2] 0 [2] 0 [2]
Preferred stock dividends                 (267) (267) (260)
Impact of preferred stock amendment                 0 0 32
Net income (loss) from continuing operations attributable to common shareholders                 (634) [3] 568 [3] (981) [3]
Income (loss) from discontinued operations, net of tax 25 (86) (1,027) 1,033 466 133 (1,081) 308 (55) (174) 62
Net income (loss) attributable to common shareholders                 $ (689) $ 394 $ (919)
Basic weighted-average common shares outstanding                 1,355,375 1,330,970 1,330,970
Diluted weighted-average common shares outstanding                 1,355,375 [3] 1,330,970 [3] 1,330,970 [3]
Earnings Per Share, Basic [Abstract]                      
Net income (loss) from continuing operations, Per Basic Share $ (270) $ (18) $ (75) $ (105) $ 551 $ 38 $ (13) $ (149) $ (468) $ 427 $ (738)
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share                 $ (41) $ (131) $ 47
Net (loss) income, Basic $ (251) $ (82) $ (847) $ 671 $ 901 $ 137 $ (825) $ 82 $ (509) $ 296 $ (691)
Earnings Per Share, Diluted [Abstract]                      
Net income (loss) from continuing operations, Per Diluted Share $ (270) $ (18) $ (75) $ (105) $ 455 $ 38 $ (13) $ (149) $ (468) [3] $ 427 [3] $ (738) [3]
Income (loss) from discontinued operations, net of tax                 $ (41) [3] $ (131) [3] $ 47 [3]
Net (loss) income, Diluted $ (251) $ (82) $ (847) $ 671 $ 700 $ 137 $ (825) $ 82 $ (509) [3] $ 296 [3] $ (691) [3]
[1] Includes $8 million of preferred stock dividends paid to the U.S. Department of Treasury related to the period from November 15, 2013 through November 20, 2013.
[2] Refer to Note 17 to the Consolidated Financial Statements for further detail.
[3] 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 2013, and 2011, respectively, net (loss) income from continuing operations attributable to common shareholders and basic weighted-average common shares outstanding were used to calculate basic and diluted earnings per share.