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Derivative Instruments And Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value Amounts Of Derivative Instruments Reported On Our Consolidated Balance Sheet [Table Text Block]
The following table summarizes the fair value amounts of derivative instruments reported on our Consolidated Balance Sheet. The fair value amounts are presented on a gross basis, are segregated by derivatives that are designated and qualifying as hedging instruments or those that are not, and are further segregated by type of contract within those two categories. The notional amount is not recorded on the balance sheet and is not, when viewed in isolation, a meaningful measure of the risk profile of the instruments.
 
 
2014
 
2013
 
 
Derivative contracts in a
 
Notional amount
 
Derivative contracts in a
 
Notional amount
December 31, ($ in millions)
 
receivable position (a)
 
payable position (b)
 
receivable position (a)
 
payable position (b)
 
Derivatives qualifying for hedge accounting
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
Swaps (c)
 
$
118

 
$
7

 
$
18,554

 
$
204

 
$
169

 
$
21,606

Foreign exchange contracts
 
 
 
 
 
 
 
 
 
 
 
 
Forwards
 
—

 
—

 
210

 
3

 
—

 
326

Total derivatives qualifying for hedge accounting
 
118

 
7

 
18,764

 
207

 
169

 
21,932

Economic hedges
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
Swaps
 
40

 
65

 
11,979

 
36

 
44

 
13,613

Futures and forwards
 
4

 
2

 
18,886

 
11

 
3

 
29,836

Written options
 
—

 
94

 
14,823

 
—

 
94

 
11,132

Purchased options
 
94

 
—

 
15,159

 
95

 
—

 
22,962

Total interest rate risk
 
138

 
161

 
60,847

 
142

 
141

 
77,543

Foreign exchange contracts
 
 
 
 
 
 
 
 
 
 
 
 
Swaps
 
—

 
74

 
1,210

 
12

 
1

 
1,379

Futures and forwards
 
5

 
4

 
304

 
1

 
1

 
330

Written options
 
—

 
—

 
—

 
—

 
—

 
17

Purchased options
 
—

 
—

 
—

 
—

 
—

 
17

Total foreign exchange risk
 
5

 
78

 
1,514

 
13

 
2

 
1,743

Equity contracts
 
 
 
 
 
 
 
 
 
 
 
 
Forwards
 
—

 
3

 
74

 
—

 
—

 
—

Written options
 
—

 
3

 
1

 
—

 
5

 
3

Purchased options
 
2

 
—

 
—

 
—

 
—

 
—

Total equity risk
 
2

 
6

 
75

 
—

 
5

 
3

Total economic hedges
 
145

 
245

 
62,436

 
155

 
148

 
79,289

Total derivatives
 
$
263

 
$
252

 
$
81,200

 
$
362

 
$
317

 
$
101,221

(a)
Derivative contracts in a receivable position are classified as other assets on the Consolidated Balance Sheet, and includes accrued interest of $50 million and $120 million at December 31, 2014 and 2013, respectively.
(b)
Derivative contracts in a liability position are classified as accrued expenses and other liabilities on the Consolidated Balance sheet, and includes accrued interest of $17 million and $12 million at December 31, 2014 and 2013, respectively.
(c)
Includes fair value hedges consisting of receive-fixed swaps on fixed-rate debt obligations with $97 million and $196 million in a receivable position, $1 million and $163 million in a payable position, and of a $4.7 billion and $8.5 billion notional amount at December 31, 2014 and December 31, 2013, respectively. Of the hedge notional amount at December 31, 2014, $2.7 billion is associated with debt maturing in five or more years. Other fair value hedges include pay-fixed swaps on portfolios of held-for-investment automotive loan assets with $21 million and $9 million in a receivable position, $6 million and $5 million in a payable position, and of a $13.9 billion and $12.6 billion notional amount at December 31, 2014 and December 31, 2013, respectively. Also includes cash flow hedges consisting of pay-fixed swaps on floating rate debt obligations with $1 million in a payable position, and of a $495 million notional amount at December 31, 2013
Gains and Losses on Derivative Instruments Reported in our Consolidated Statement of Income [Table Text Block]
The following table summarizes the location and amounts of gains and losses on derivative instruments reported in our Consolidated Statement of Income.
Year ended December 31, ($ in millions)
 
2014
 
2013
 
2012
Derivatives qualifying for hedge accounting
 
 
 
 
 
 
Gain (loss) recognized in earnings on derivatives
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
Interest and fees on finance receivables and loans (a)
 
$
15

 
$
7

 
$
—

Interest on long-term debt (b)
 
199

 
(389
)
 
164

Gain (loss) recognized in earnings on hedged items (c)
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
Interest and fees on finance receivables and loans
 
34

 
2

 
—

Interest on long-term debt
 
(185
)
 
402

 
(193
)
Total derivatives qualifying for hedge accounting
 
63

 
22

 
(29
)
Economic derivatives
 
 
 
 
 
 
(Loss) gain recognized in earnings on derivatives
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
Servicing asset valuation and hedge activities, net
 
—

 
(112
)
 
556

Loss on mortgage and automotive loans, net
 
—

 
(37
)
 
(5
)
Other income, net of losses (d)
 
(37
)
 
14

 
(18
)
Total interest rate contracts
 
(37
)
 
(135
)
 
533

Foreign exchange contracts (e)
 
 
 
 
 
 
Interest on long-term debt
 
(172
)
 
94

 
(39
)
Other income, net of losses
 
12

 
24

 
(48
)
Total foreign exchange contracts
 
(160
)
 
118

 
(87
)
Equity contracts
 
 
 
 
 
 
Compensation and benefits expense
 
(5
)
 
—

 
—

Total equity contracts
 
(5
)
 
—

 
—

(Loss) gain recognized in earnings on derivatives
 
$
(139
)
 
$
5

 
$
417

(a)
Amounts exclude losses related to interest for qualifying accounting hedges of portfolios of retail automotive loans held-for-investment of $61 million and $9 million for the years ended December 31, 2014 and 2013, respectively. These losses are primarily offset by the fixed coupon receipts on the consumer automotive loans held-for-investment.
(b)
Amounts exclude gains related to interest for qualifying accounting hedges of debt, which are primarily offset by the fixed coupon payment on the long-term debt. The gains were $112 million, $131 million, and $119 million for the years ended December 31, 2014, 2013, and 2012, respectively.
(c)
Amounts exclude gains related to amortization of deferred basis adjustments on the de-designated hedged item of $155 million, $247 million, and $226 million for the years ended December 31, 2014, 2013, and 2012, respectively.
(d)
Amounts in 2012 include other income from derivatives held for trading purposes entered into by our broker-dealer.
(e)
Amounts exclude gains and losses related to the revaluation of the related foreign-denominated debt or receivable. Gains of $165 million, losses of $117 million, and gains of $87 million, were recognized for the years ended December 31, 2014, 2013, and 2012, respectively.
Derivative Instruments Used In Cash Flow and Net Investment Hedge Accounting Relationships [Table Text Block]
The following table summarizes derivative instruments used in cash flow and net investment hedge accounting relationships.
Year ended December 31, ($ in millions)
 
2014
 
2013
 
2012
Cash flow hedges
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
(Loss) gain reclassified from accumulated other comprehensive income to interest on long-term debt (a)
 
$
(2
)
 
$
(7
)
 
$
1

Loss recorded directly to interest on long-term debt
 
—

 
—

 
(7
)
Total interest on long-term debt
 
$
(2
)
 
$
(7
)
 
$
(6
)
Gain (loss) recognized in other comprehensive income
 
$
2

 
$
6

 
$
(7
)
Net investment hedges
 
 
 
 
 
 
Foreign exchange contracts
 
 
 
 
 
 
Loss reclassified from accumulated other comprehensive income to income (loss) from discontinued operations, net
 
$
—

 
$
(250
)
 
$
(1
)
Total loss from discontinued operations, net
 
$
—

 
$
(250
)
 
$
(1
)
Gain (loss) recognized in other comprehensive income (b)
 
$
13

 
$
309

 
$
(270
)
(a)
The amount represents losses reclassified from other comprehensive income (OCI) into earnings as a result of the discontinuance of hedge accounting because it is probable that the forecasted transaction will not occur.
(b)
The amounts represent the effective portion of net investment hedges. There are offsetting amounts recognized in accumulated other comprehensive income related to the revaluation of the related net investment in foreign operations. There were losses of $41 million and $582 million, and gains of $285 million for the years ended December 31, 2014, 2013, and 2012, respectively.