XML 68 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2014
Long-term Debt, Unclassified [Abstract]  
Long-term Debt Portfolio [Table Text Block]
The following table presents the composition of our long-term debt portfolio.
 
 
March 31, 2014
 
December 31, 2013
($ in millions)
 
Unsecured
 
Secured
 
Total
 
Unsecured
 
Secured
 
Total
Long-term debt
 
 
 
 
 
 
 
 
 
 
 
 
Due within one year
 
$
4,365

 
$
11,632

 
$
15,997

 
$
5,321

 
$
11,851

 
$
17,172

Due after one year (a)
 
19,108

 
32,731

 
51,839

 
21,425

 
30,423

 
51,848

Fair value adjustment
 
459

 
—

 
459

 
445

 
—

 
445

Total long-term debt 
 
$
23,932

 
$
44,363

 
$
68,295

 
$
27,191

 
$
42,274

 
$
69,465

(a)
Includes $2.6 billion and $2.6 billion of trust preferred securities at both March 31, 2014 and December 31, 2013, respectively.
Scheduled Remaining Maturity of Long-term Debt [Table Text Block]
The following table presents the scheduled remaining maturity of long-term debt, assuming no early redemptions will occur. The actual payment of secured debt may vary based on the payment activity of the related pledged assets.
Year ended December 31, ($ in millions)
 
2014
 
2015
 
2016
 
2017
 
2018
 
2019 and
thereafter
 
Fair value
adjustment
 
Total
Unsecured
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt
 
$
2,511

 
$
5,161

 
$
1,934

 
$
4,046

 
$
1,278

 
$
10,091

 
$
459

 
$
25,480

Original issue discount
 
(144
)
 
(60
)
 
(66
)
 
(78
)
 
(92
)
 
(1,108
)
 
—

 
(1,548
)
Total unsecured
 
2,367

 
5,101

 
1,868

 
3,968

 
1,186

 
8,983

 
459

 
23,932

Secured
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt
 
8,033

 
12,728

 
10,068

 
7,593

 
3,293

 
2,648

 
—

 
44,363

Total long-term debt
 
$
10,400

 
$
17,829

 
$
11,936

 
$
11,561

 
$
4,479


$
11,631


$
459


$
68,295
Pledged assets for the payment of the related secured borrowings and repurchase agreements [Table Text Block]
The following summarizes assets restricted as collateral for the payment of the related debt obligation primarily arising from securitization transactions accounted for as secured borrowings and repurchase agreements.
 
 
March 31, 2014
 
December 31, 2013
($ in millions)
 
Total
 
Ally Bank (a)
 
Total
 
Ally Bank (a)
Investment securities
 
$
771

 
$
771

 
$
2,864

 
$
2,864

Mortgage finance receivables and loans
 
8,247

 
8,247

 
8,524

 
8,524

Consumer automobile finance receivables
 
32,847

 
11,193

 
32,947

 
12,332

Commercial automobile finance receivables
 
21,204

 
20,418

 
21,249

 
21,249

Investment in operating leases, net
 
8,040

 
4,249

 
5,810

 
3,190

Other assets
 
563

 
—

 
563

 
—

Total assets restricted as collateral (b)
 
$
71,672

 
$
44,878

 
$
71,957

 
$
48,159

Secured debt (c)
 
$
46,122

 
$
24,351

 
$
47,594

 
$
27,818

(a)
Ally Bank is a component of the total column.
(b)
Ally Bank has an advance agreement with the Federal Home Loan Bank of Pittsburgh (FHLB) and had assets pledged to secure borrowings that were restricted as collateral to the FHLB totaling $11.1 billion and $12.7 billion at March 31, 2014, and December 31, 2013, respectively. These assets were composed primarily of consumer and commercial mortgage finance receivables and loans, net. Ally Bank has access to the Federal Reserve Bank Discount Window. Ally Bank had assets pledged and restricted as collateral to the Federal Reserve Bank totaling $3.0 billion and $3.2 billion at March 31, 2014, and December 31, 2013, respectively. These assets were composed of consumer automobile finance receivables and loans, net and investment in operating leases, net. Availability under these programs is only for the operations of Ally Bank and cannot be used to fund the operations or liabilities of Ally or its subsidiaries.
(c)
Includes $1.8 billion and $5.3 billion of short-term borrowings at March 31, 2014, and December 31, 2013, respectively.
Schedule Of Committed Funding Facilities [Table Text Block]
 
 
Outstanding
 
Unused Capacity (a)
 
Total Capacity
($ in millions)
 
March 31, 2014
 
December 31, 2013
 
March 31, 2014
 
December 31, 2013
 
March 31, 2014
 
December 31, 2013
Bank funding
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
2,500

 
$
2,750

 
$
1,000

 
$
250

 
$
3,500

 
$
3,000

Parent funding
 

 

 

 

 

 

Secured (b)
 
16,392

 
15,159

 
4,641

 
6,497

 
21,033

 
21,656

Total committed facilities
 
$
18,892

 
$
17,909

 
$
5,641

 
$
6,747

 
$
24,533

 
$
24,656

(a)
Funding from committed secured facilities is available on request in the event excess collateral resides in certain facilities or is available to the extent incremental collateral is available and contributed to the facilities.
(b)
Includes the secured facilities of our Commercial Finance Group.