Segment And Geographic Information (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Financial information for our reportable operating segments is summarized as follows.



Three months ended September 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage operations			Corporate and Other (a)			Consolidated (b)
2014
Net financing revenue	$	850	$	16	$	9		$	14		$	889
Other revenue	69		287		—			19			375
Total net revenue	919		303		9			33			1,264
Provision for loan losses	109		—		(7		)	—			102
Total noninterest expense	395		243		19			85			742
Income (loss) from continuing operations before income tax expense	$	415	$	60	$	(3	)	$	(52	)	$	420
Total assets	$	110,937	$	7,178	$	7,402		$	23,678		$	149,195
2013
Net financing revenue (loss)	$	800	$	16	$	13		$	(92	)	$	737
Other revenue	65		293		19			(6		)	371
Total net revenue (loss)	865		309		32			(98		)	1,108
Provision for loan losses	150		—		(12		)	3			141
Total noninterest expense	376		226		48			112			762
Income (loss) from continuing operations before income tax expense	$	339	$	83	$	(4	)	$	(213	)	$	205
Total assets	$	108,609	$	7,323	$	8,562		$	26,062		$	150,556


(a)	Total assets for Corporate Finance were $1.7 billion and $1.6 billion at September 30, 2014 and 2013, respectively.


(b)	Net financing revenue after the provision for loan losses totaled $787 million and $596 million for the three months ended September 30, 2014 and 2013, respectively.



Nine months ended September 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage operations			Corporate and Other (a)			Consolidated (b)
2014
Net financing revenue (loss)	$	2,554	$	47	$	35		$	(60	)	$	2,576
Other revenue	195		849		13			4			1,061
Total net revenue (loss)	2,749		896		48			(56		)	3,637
Provision for loan losses	367		—		(55		)	(10		)	302
Total noninterest expense	1,167		785		62			262			2,276
Income (loss) from continuing operations before income tax expense	$	1,215	$	111	$	41		$	(308	)	$	1,059
Total assets	$	110,937	$	7,178	$	7,402		$	23,678		$	149,195
2013
Net financing revenue (loss)	$	2,350	$	43	$	62		$	(450	)	$	2,005
Other revenue (loss)	207		926		(6		)	32			1,159
Total net revenue (loss)	2,557		969		56			(418		)	3,164
Provision for loan losses	350		—		14			(3		)	361
Total noninterest expense	1,143		780		293			305			2,521
Income (loss) from continuing operations before income tax expense	$	1,064	$	189	$	(251	)	$	(720	)	$	282
Total assets	$	108,609	$	7,323	$	8,562		$	26,062		$	150,556


(a)	Total assets for Corporate Finance were $1.7 billion and $1.6 billion at September 30, 2014 and 2013, respectively.


(b)	Net financing revenue after the provision for loan losses totaled $2.3 billion and $1.6 billion for the nine months ended September 30, 2014 and 2013, respectively.

Information Concerning Principal Geographic Areas [Table Text Block]

Information concerning principal geographic areas were as follows.



Three months ended September 30, ($ in millions)	Revenue (a)		Income (loss) from continuing operations before income tax expense (b)			Net income(b)(c)
2014
Canada	$	31	$	7		$	9
Europe	—		(1		)	1
Latin America	—		—			—
Asia-Pacific	—		—			29
Total foreign	31		6			39
Total domestic (d)	1,233		414			384
Total	$	1,264	$	420		$	423
2013
Canada	$	40	$	14		$	13
Europe (e)	2		1			4
Latin America	—		12			26
Asia-Pacific	—		—			35
Total foreign	42		27			78
Total domestic (d)	1,066		178			13
Total	$	1,108	$	205		$	91


(a)	Revenue consists of net financing revenue and total other revenue as presented in our Condensed Consolidated Financial Statements.


(b)	The domestic amounts include original discount amortization of $51 million and $67 million for the three months ended September 30, 2014 and 2013, respectively.


(c)	Gain (loss) realized on sale of discontinued operations are allocated to the geographic area in which the business operated.


(d)	Amounts include eliminations between our domestic and foreign operations.


(e)	Amounts include eliminations between our foreign operations.



Nine months ended September 30, ($ in millions)	Revenue (a)			Income (loss) from continuing operations before income tax expense (b)			Net income (loss) (b)(c)
2014
Canada	$	95		$	36		$	55
Europe	2			—			5
Latin America	—			—			(8		)
Asia-Pacific	—			—			95
Total foreign	97			36			147
Total domestic (d)	3,540			1,023			826
Total	$	3,637		$	1,059		$	973
2013
Canada	$	136		$	42		$	1,256
Europe (e)	(8		)	(18		)	(82		)
Latin America	—			7			300
Asia-Pacific	1			(2		)	89
Total foreign	129			29			1,563
Total domestic (d)	3,035			253			(1,306		)
Total	$	3,164		$	282		$	257


(a)	Revenue consists of net financing revenue and total other revenue as presented in our Condensed Consolidated Financial Statements.


(b)	The domestic amounts include original discount amortization of $149 million and $191 million for the nine months ended September 30, 2014 and 2013, respectively.


(c)	Gain (loss) realized on sale of discontinued operations are allocated to the geographic area in which the business operated.


(d)	Amounts include eliminations between our domestic and foreign operations.


(e)	Amounts include eliminations between our foreign operations.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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