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Discontinued and Held-for-sale Operations (Tables)
12 Months Ended
Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
The assets and liabilities of operations held-for-sale are summarized below.
December 31, ($ in millions)
 
Select
Insurance
operations (a)
 
Select
Automotive Finance
operations (b)
 
Total
held-for-sale
operations
2013
 
 
 
 
 
 
Assets
 
 
 
 
 
 
Other assets
 
$

 
$
516

 
$
516

Total assets
 
$

 
$
516

 
$
516

2012
 
 
 
 
 
 
Assets
 
 
 
 
 
 
Cash and cash equivalents
 
 
 
 
 
 
Noninterest-bearing
 
$
8

 
$
100

 
$
108

Interest-bearing
 
119

 
1,918

 
2,037

Total cash and cash equivalents
 
127

 
2,018

 
2,145

Investment securities
 
576

 
424

 
1,000

Finance receivables and loans, net
 
 
 
 
 
 
Finance receivables and loans, net of unearned income
 

 
25,835

 
25,835

Allowance for loan losses
 

 
(208
)
 
(208
)
Total finance receivables and loans, net
 

 
25,627

 
25,627

Investment in operating leases, net
 

 
144

 
144

Premiums receivable and other insurance assets
 
277

 

 
277

Other assets
 
94

 
2,942

 
3,036

Impairment on assets of held-for-sale operations
 
(53
)
 

 
(53
)
Total assets
 
$
1,021

 
$
31,155

 
$
32,176

Liabilities
 
 
 
 
 
 
Interest-bearing deposit liabilities
 
$

 
$
3,907

 
$
3,907

Short-term borrowings
 

 
2,800

 
2,800

Long-term debt
 

 
13,514

 
13,514

Interest payable
 

 
177

 
177

Unearned insurance premiums and service revenue
 
506

 

 
506

Accrued expenses and other liabilities
 
297

 
1,498

 
1,795

Total liabilities
 
$
803

 
$
21,896

 
$
22,699


(a)
Includes our U.K.-based operations that provide vehicle service contracts and insurance products, and ABA Seguros.
(b)
Includes our Canadian operations sold to Royal Bank of Canada and international entities being sold to GM Financial.
Select financial information of discontinued operations is summarized below. The pretax income or loss, including direct costs to transact a sale, includes any impairment recognized to present the operations at the lower-of-cost or fair value. Fair value was based on the estimated sales price, which could differ from the ultimate sales price due to price volatility, changing interest rates, changing foreign-currency rates, and future economic conditions.
Year ended December 31, ($ in millions)
 
2013
 
2012
 
2011
Select Mortgage operations
 
 
 
 
 
 
Total net revenue
 
$

 
$
439

 
$
562

Pretax loss including direct costs to transact a sale (a) (b)
 
(1,741
)
 
(1,282
)
 
(811
)
Tax (benefit) expense (c)
 
(592
)
 
(443
)
 
2

Select Insurance operations
 
 
 
 
 
 
Total net revenue
 
$
190

 
$
625

 
$
710

Pretax income including direct costs to transact a sale (a)
 
319

(d)
86

 
145

Tax (benefit) expense (c)
 
(14
)
 
53

 
39

Select Automotive Finance operations
 
 
 
 
 
 
Total net revenue
 
$
572

 
$
1,503

 
$
1,690

Pretax income including direct costs to transact a sale (a)
 
660

(e)
786

 
820

Tax (benefit) expense (c)
 
(101
)
 
235

 
92

Select Corporate and Other operations
 
 
 
 
 
 
Total net revenue
 
$

 
$
11

 
$
7

Pretax income
 

 
83

 
44

Tax expense
 

 
2

 
3

(a)
Includes certain treasury and other corporate activity recognized by Corporate and Other.
(b)
Includes the results of ResCap. Refer to Note 1 for more information regarding the Debtors' bankruptcy.
(c)
Includes certain income tax activity recognized by Corporate and Other.
(d)
Includes recognized pretax gain of $274 million in connection with the sale of our Mexican insurance business, ABA Seguros.
(e)
Includes recognized pretax loss of $488 million in connection with the sale of our European and Latin American automotive finance operations and pretax gain of $888 million in connection with the sale of our Canadian automotive finance operations, Ally Credit Canada Limited and ResMor Trust.