Discontinued and Held-for-sale Operations (Tables)

6 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

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.

	Three months ended June 30,						Six months ended June 30,
($ in millions)	2014			2013			2014			2013
Select Mortgage operations
Total net revenue	$	—		$	—		$	—		$	—
Pretax loss including direct costs to transact a sale (a) (b)	(1		)	(1,584		)	(3		)	(1,604		)
Tax benefit (c)	(1		)	(549		)	(1		)	(533		)
Select Insurance operations
Total net revenue	$	—		$	42		$	—		$	190
Pretax income including direct costs to transact a sale (a)	—			286			—			314
Tax benefit (c)	—			(16		)	—			(15		)
Select Automotive Finance operations
Total net revenue	$	33		$	83		$	66		$	369
Pretax income (loss) including direct costs to transact a sale (a)	25			(348		)	55			694
Tax expense (benefit) (c)	5			(52		)	4			(53		)
Select Corporate and Other operations
Total net revenue	$	—		$	—		$	—		$	—
Pretax income	23			2			23			1
Tax expense	3			—			3			—

(a) Includes certain treasury and other corporate activity recognized by Corporate and Other.

(b) 2013 periods include amounts related to our former Residential Capital, LLC (ResCap) subsidiary.

(c) Includes certain income tax activity recognized by Corporate and Other.

Held-for-sale Operations

The assets of operations held-for-sale are summarized below.

June 30, 2014 ($ in millions)	Select Automotive Finance operations (a)
Assets
Other assets	$	574
Total assets	$	574
December 31, 2013
Assets
Other assets	$	516
Total assets	$	516

(a) Represents our joint venture in China that is being sold to GM Financial.