Parent And Guarantor Consolidating Financial Statements (Tables)

3 Months Ended

Mar. 31, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Income Statement [Table Text Block]

Condensed Consolidating Statements of Comprehensive Income

Three months ended March 31, 2014 ($ in millions)	Parent			Guarantors		Nonguarantors		Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(9	)	$	—	$	1,116	$	—		$	1,107
Interest and fees on finance receivables and loans — intercompany	11			—		21		(32		)	—
Interest and dividends on available-for-sale investment securities	—			—		95		—			95
Interest-bearing cash	—			—		3		—			3
Interest-bearing cash — intercompany	—			—		1		(1		)	—
Operating leases	91			—		779		—			870
Total financing revenue and other interest income	93			—		2,015		(33		)	2,075
Interest expense
Interest on deposits	4			—		159		—			163
Interest on short-term borrowings	11			—		4		—			15
Interest on long-term debt	388			—		146		—			534
Interest on intercompany debt	22			—		11		(33		)	—
Total interest expense	425			—		320		(33		)	712
Depreciation expense on operating lease assets	65			—		477		—			542
Net financing (loss) revenue	(397		)	—		1,218		—			821
Dividends from subsidiaries
Nonbank subsidiaries	121			—		—		(121		)	—
Other revenue
Servicing fees	9			—		—		—			9
Servicing asset valuation and hedge activities, net	—			—		—		—			—
Total servicing income, net	9			—		—		—			9
Insurance premiums and service revenue earned	—			—		241		—			241
Loss on extinguishment of debt	(39		)	—		—		—			(39		)
Other gain on investments, net	—			—		43		—			43
Other income, net of losses	186			—		336		(455		)	67
Total other revenue	156			—		620		(455		)	321
Total net (loss) revenue	(120		)	—		1,838		(576		)	1,142
Provision for loan losses	48			—		89		—			137
Noninterest expense
Compensation and benefits expense	154			—		226		(126		)	254
Insurance losses and loss adjustment expenses	—			—		68		—			68
Other operating expenses	176			—		544		(329		)	391
Total noninterest expense	330			—		838		(455		)	713
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income of subsidiaries	(498		)	—		911		(121		)	292
Income tax (benefit) expense from continuing operations	(114		)	—		208		—			94
Net (loss) income from continuing operations	(384		)	—		703		(121		)	198
Income from discontinued operations, net of tax	29			—		—		—			29
Undistributed income of subsidiaries
Bank subsidiary	239			239		—		(478		)	—
Nonbank subsidiaries	343			1		—		(344		)	—
Net income	227			240		703		(943		)	227
Other comprehensive income, net of tax	92			69		86		(155		)	92
Comprehensive income	$	319		$	309	$	789	$	(1,098	)	$	319

Three months ended March 31, 2013 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	159		$	—		$	976		$	—		$	1,135
Interest and fees on finance receivables and loans — intercompany	24			—			5			(29		)	—
Interest on loans held-for-sale	—			—			16			—			16
Interest and dividends on available-for-sale investment securities	—			—			68			—			68
Interest-bearing cash	1			—			2			—			3
Interest-bearing cash - intercompany	—			—			2			(2		)	—
Operating leases	96			—			638			—			734
Total financing revenue and other interest income	280			—			1,707			(31		)	1,956
Interest expense
Interest on deposits	9			—			155			—			164
Interest on short-term borrowings	12			—			4			—			16
Interest on long-term debt	560			—			146			(5		)	701
Interest on intercompany debt	(1		)	—			26			(25		)	—
Total interest expense	580			—			331			(30		)	881
Depreciation expense on operating lease assets	62			—			373			—			435
Net financing (loss) revenue	(362		)	—			1,003			(1		)	640
Dividends from subsidiaries
Nonbank subsidiaries	3,299			3,254			—			(6,553		)	—
Other revenue
Servicing fees	44			—			38			—			82
Servicing asset valuation and hedge activities, net	—			—			(201		)	—			(201		)
Total servicing income (loss), net	44			—			(163		)	—			(119		)
Insurance premiums and service revenue earned	—			—			259			—			259
Gain on mortgage and automotive loans, net	—			—			38			—			38
Other gain on investments, net	—			—			51			—			51
Other income, net of losses	51			—			425			(319		)	157
Total other revenue	95			—			610			(319		)	386
Total net revenue	3,032			3,254			1,613			(6,873		)	1,026
Provision for loan losses	124			—			7			—			131
Noninterest expense
Compensation and benefits expense	192			—			223			(130		)	285
Insurance losses and loss adjustment expenses	—			—			115			—			115
Other operating expenses	58			—			688			(188		)	558
Total noninterest expense	250			—			1,026			(318		)	958
Income (loss) from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	2,658			3,254			580			(6,555		)	(63		)
Income tax (benefit) expense from continuing operations	(329		)	—			206			—			(123		)
Net income from continuing operations	2,987			3,254			374			(6,555		)	60
(Loss) income from discontinued operations, net of tax	(265		)	13			1,284			1			1,033
Undistributed income (loss) of subsidiaries
Bank subsidiary	226			226			—			(452		)	—
Nonbank subsidiaries	(1,855		)	(2,052		)	—			3,907			—
Net income	1,093			1,441			1,658			(3,099		)	1,093
Other comprehensive loss, net of tax	(317		)	(578		)	(601		)	1,179			(317		)
Comprehensive income	$	776		$	863		$	1,057		$	(1,920	)	$	776

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheet

March 31, 2014 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	1,010		$	26	$	306		$	—		$	1,342
Interest-bearing	1,350			—		3,201			—			4,551
Interest-bearing — intercompany	—			—		411			(411		)	—
Total cash and cash equivalents	2,360			26		3,918			(411		)	5,893
Investment securities	—			—		16,327			—			16,327
Loans held-for-sale, net	—			—		43			—			43
Finance receivables and loans, net
Finance receivables and loans, net	4,697			—		94,927			—			99,624
Intercompany loans to
Bank subsidiary	500			—		—			(500		)	—
Nonbank subsidiaries	3,661			—		2,008			(5,669		)	—
Allowance for loan losses	(110		)	—		(1,082		)	—			(1,192		)
Total finance receivables and loans, net	8,748			—		95,853			(6,169		)	98,432
Investment in operating leases, net	1,807			—		16,380			—			18,187
Intercompany receivables from
Bank subsidiary	448			—		—			(448		)	—
Nonbank subsidiaries	337			—		484			(821		)	—
Investment in subsidiaries
Bank subsidiary	15,228			15,228		—			(30,456		)	—
Nonbank subsidiaries	11,364			14		—			(11,378		)	—
Premiums receivable and other insurance assets	—			—		1,660			(21		)	1,639
Other assets	4,390			—		5,016			(2,016		)	7,390
Assets of operations held-for-sale	541			—		—			—			541
Total assets	$	45,223		$	15,268	$	139,681		$	(51,720	)	$	148,452
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	71		$	—		$	71
Interest-bearing	421			—		54,875			—			55,296
Total deposit liabilities	421			—		54,946			—			55,367
Short-term borrowings	3,404			—		1,759			—			5,163
Long-term debt	22,533			—		45,762			—			68,295
Intercompany debt to
Nonbank subsidiaries	2,419			—		4,161			(6,580		)	—
Intercompany payables to
Bank subsidiary	529			—		—			(529		)	—
Nonbank subsidiaries	554			—		207			(761		)	—
Interest payable	654			—		239			—			893
Unearned insurance premiums and service revenue	—			—		2,312			—			2,312
Accrued expenses and other liabilities	250			82		3,647			(2,016		)	1,963
Total liabilities	30,764			82		113,033			(9,886		)	133,993
Total equity	14,459			15,186		26,648			(41,834		)	14,459
Total liabilities and equity	$	45,223		$	15,268	$	139,681		$	(51,720	)	$	148,452

(a) Amounts presented are based upon the legal transfer of the underlying assets to VIEs in order to reflect legal ownership.

December 31, 2013 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	979		$	37	$	299		$	—		$	1,315
Interest-bearing	1,951			—		2,265			—			4,216
Interest-bearing — intercompany	—			—		410			(410		)	—
Total cash and cash equivalents	2,930			37		2,974			(410		)	5,531
Investment securities	—			—		17,083			—			17,083
Loans held-for-sale, net	—			—		35			—			35
Finance receivables and loans, net
Finance receivables and loans, net	6,673			—		93,655			—			100,328
Intercompany loans to
Bank subsidiary	600			—		—			(600		)	—
Nonbank subsidiaries	4,207			—		1,925			(6,132		)	—
Allowance for loan losses	(131		)	—		(1,077		)	—			(1,208		)
Total finance receivables and loans, net	11,349			—		94,503			(6,732		)	99,120
Investment in operating leases, net	3,172			—		14,508			—			17,680
Intercompany receivables from
Bank subsidiary	236			—		—			(236		)	—
Nonbank subsidiaries	439			—		588			(1,027		)	—
Investment in subsidiaries
Bank subsidiary	14,916			14,916		—			(29,832		)	—
Nonbank subsidiaries	10,029			68		—			(10,097		)	—
Premiums receivable and other insurance assets	—			—		1,634			(21		)	1,613
Other assets	4,691			—		6,880			(1,982		)	9,589
Assets of operations held-for-sale	516			—		—			—			516
Total assets	$	48,278		$	15,021	$	138,205		$	(50,337	)	$	151,167
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	60		$	—		$	60
Interest-bearing	440			—		52,850			—			53,290
Total deposit liabilities	440			—		52,910			—			53,350
Short-term borrowings	3,225			—		5,320			—			8,545
Long-term debt	25,819			—		43,646			—			69,465
Intercompany debt to
Nonbank subsidiaries	2,334			—		4,808			(7,142		)	—
Intercompany payables to
Bank subsidiary	197			—		—			(197		)	—
Nonbank subsidiaries	666			—		421			(1,087		)	—
Interest payable	709			—		179			—			888
Unearned insurance premiums and service revenue	—			—		2,314			—			2,314
Accrued expenses and other liabilities	680			93		3,606			(1,982		)	2,397
Total liabilities	34,070			93		113,204			(10,408		)	136,959
Total equity	14,208			14,928		25,001			(39,929		)	14,208
Total liabilities and equity	$	48,278		$	15,021	$	138,205		$	(50,337	)	$	151,167

(a) Amounts presented are based upon the legal transfer of the underlying assets to VIEs in order to reflect legal ownership.

Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Statement of Cash Flows

Three months ended March 31, 2014 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash (used in) provided by operating activities	$	(207	)	$	(11	)	$	1,271		$	(121	)	$	932
Investing activities
Purchases of available-for-sale securities	—			—			(907		)	—			(907		)
Proceeds from sales of available-for-sale securities	—			—			1,354			—			1,354
Proceeds from maturities and repayments of available-for-sale securities	—			—			592			—			592
Net decrease (increase) in finance receivables and loans	1,918			—			(1,426		)	—			492
Net decrease (increase) in loans — intercompany	702			—			(84		)	(618		)	—
Net decrease (increase) in operating lease assets	563			—			(1,638		)	—			(1,075		)
Capital contributions to subsidiaries	(651		)	—			—			651			—
Returns of contributed capital	295			—			—			(295		)	—
Net change in restricted cash	—			—			1,580			—			1,580
Other, net	(1		)	—			112			—			111
Net cash provided by (used in) investing activities	2,826			—			(417		)	(262		)	2,147
Financing activities
Net change in short-term borrowings — third party	179			—			(3,563		)	—			(3,384		)
Net (decrease) increase in deposits	(19		)	—			2,036			—			2,017
Proceeds from issuance of long-term debt — third party	1,269			—			8,133			—			9,402
Repayments of long-term debt — third party	(4,635		)	—			(6,048		)	—			(10,683		)
Net change in debt — intercompany	85			—			(702		)	617			—
Dividends paid — third party	(68		)	—			—			—			(68		)
Dividends paid and returns of contributed capital — intercompany	—			—			(416		)	416			—
Capital contributions from parent	—			—			651			(651		)	—
Net cash (used in) provided by financing activities	(3,189		)	—			91			382			(2,716		)
Effect of exchange-rate changes on cash and cash equivalents	—			—			(1		)	—			(1		)
Net (decrease) increase in cash and cash equivalents	(570		)	(11		)	944			(1		)	362
Cash and cash equivalents at beginning of year	2,930			37			2,974			(410		)	5,531
Cash and cash equivalents at March 31	$	2,360		$	26		$	3,918		$	(411	)	$	5,893

Three months ended March 31, 2013 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	5,272		$	3,109		$	426		$	(6,553	)	$	2,254
Investing activities
Purchases of available-for-sale securities	—			—			(4,626		)	—			(4,626		)
Proceeds from sales of available-for-sale securities	—			—			1,543			—			1,543
Proceeds from maturities and repayments of available-for-sale securities	—			—			1,604			—			1,604
Net (increase) decrease in finance receivables and loans	(5,260		)	80			5,138			—			(42		)
Net (increase) decrease in loans — intercompany	(369		)	251			312			(194		)	—
Net increase in operating lease assets	(354		)	—			(1,357		)	—			(1,711		)
Capital contributions to subsidiaries	(126		)	—			—			126			—
Returns of contributed capital	158			149			—			(307		)	—
Proceeds from sale of business units, net	409			—			2,420			—			2,829
Net change in restricted cash	—			(26		)	1,093			—			1,067
Other, net	11			—			30			—			41
Net cash (used in) provided by investing activities	(5,531		)	454			6,157			(375		)	705
Financing activities
Net change in short-term borrowings — third party	135			35			348			—			518
Net (decrease) increase in deposits	(148		)	—			2,553			(45		)	2,360
Proceeds from issuance of long-term debt — third party	24			—			4,229			—			4,253
Repayments of long-term debt — third party	(347		)	(70		)	(11,028		)	—			(11,445		)
Net change in debt — intercompany	161			(271		)	118			(8		)	—
Dividends paid — third party	(200		)	—			—			—			(200		)
Dividends paid and returns of contributed capital — intercompany	—			(3,254		)	(3,606		)	6,860			—
Capital contributions from parent	—			—			126			(126		)	—
Net cash used in financing activities	(375		)	(3,560		)	(7,260		)	6,681			(4,514		)
Effect of exchange-rate changes on cash and cash equivalents	—			—			67			—			67
Net (decrease) increase in cash and cash equivalents	(634		)	3			(610		)	(247		)	(1,488		)
Adjustment for change in cash and cash equivalents of operations held-for-sale	—			(3		)	1,415			—			1,412
Cash and cash equivalents at beginning of year	3,977			—			4,027			(491		)	7,513
Cash and cash equivalents at March 31	$	3,343		$	—		$	4,832		$	(738	)	$	7,437