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Consolidated Statement of Income (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Financing Revenue and Other Interest Income [Abstract]    
Interest and fees on finance receivables and loans $ 1,107 $ 1,135
Interest on loans held-for-sale 0 16
Interest and dividends on available-for-sale investment securities 95 68
Interest-bearing cash 3 3
Operating leases 870 734
Total financing revenue and other interest income 2,075 1,956
Interest Expense [Abstract]    
Interest on deposits 163 164
Interest on short-term borrowings 15 16
Interest on long-term debt 534 701
Total interest expense 712 881
Depreciation expense on operating lease assets 542 435
Net financing revenue (loss) 821 640
Other revenue [Abstract]    
Servicing fees 9 82
Servicing asset valuation and hedge activities, net 0 (201)
Total servicing income, net 9 (119)
Insurance premiums and service revenue earned 241 259
Gain (loss) on mortgage and automotive loans, net 0 38
Gains (Losses) on Extinguishment of Debt (39) 0
Other gain (loss) on investments, net 43 51
Other income, net of losses 67 157
Total other revenue 321 386
Total net revenue (loss) 1,142 1,026
Provision for loan losses 137 131
Noninterest Expense [Abstract]    
Compensation and benefits expense 254 285
Insurance losses and loss adjustment expenses 68 115
Other operating expenses 391 558
Total noninterest expense 713 958
Income (loss) from continuing operations before income tax expense 292 (63)
Income tax expense (benefit) from continuing operations 94 (123)
Net income (loss) from continuing operations 198 60
Income (loss) from discontinued operations, net of tax 29 1,033
Net income (loss) 227 1,093
Other comprehensive income (loss), net of tax 92 (317)
Comprehensive income (loss) 319 776
Net income (loss) attributable to common shareholders [Abstract]    
Net income (loss) from continuing operations 198 60
Preferred stock dividends - U.S. Department of Treasury 0 (133)
Preferred stock dividends (68) (67)
Net income (loss) from continuing operations attributable to common shareholders 130 (140)
Income (loss) from discontinued operations, net of tax 29 1,033
Net income (loss) attributable to common shareholders $ 159 $ 893
Basic weighted-average common shares outstanding 479,767,540 412,600,700
Diluted weighted-average common shares outstanding 479,767,540 [1] 412,600,700 [1]
Earnings Per Share, Basic [Abstract]    
Net income (loss) from continuing operations, Per Basic Share $ 0.27 $ (0.34)
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share $ 0.06 $ 2.50
Net (loss) income, Basic $ 0.33 $ 2.16
Earnings Per Share, Diluted [Abstract]    
Net income (loss) from continuing operations, Per Diluted Share $ 0.27 [1] $ (0.34) [1]
Income (loss) from discontinued operations, net of tax $ 0.06 [1] $ 2.50 [1]
Net (loss) income, Diluted $ 0.33 [1] $ 2.16 [1]
[1] Due to the antidilutive effect of converting the Fixed Rate Cumulative Mandatorily Convertible Preferred Stock into common shares for the three months ended March 31, 2013 and the net loss from continuing operations attributable to common shareholders for the three months ended March 31, 2013, 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.