Parent And Guarantor Consolidating Financial Statements (Tables)

3 Months Ended

Mar. 31, 2015

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, 2015 ($ in millions)	Parent			Guarantors		Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	4		$	—	$	1,070		$	—		$	1,074
Interest and fees on finance receivables and loans — intercompany	10			—		16			(26		)	—
Interest on loans held-for-sale	—			—		24			—			24
Interest and dividends on available-for-sale investment securities	—			—		88			—			88
Interest-bearing cash	—			—		2			—			2
Interest-bearing cash — intercompany	—			—		2			(2		)	—
Operating leases	—			—		896			—			896
Total financing revenue and other interest income	14			—		2,098			(28		)	2,084
Interest expense
Interest on deposits	3			—		169			—			172
Interest on short-term borrowings	10			—		1			—			11
Interest on long-term debt	292			—		137			—			429
Interest on intercompany debt	19			—		9			(28		)	—
Total interest expense	324			—		316			(28		)	612
Depreciation expense on operating lease assets	—			—		622			—			622
Net financing (loss) revenue	(310		)	—		1,160			—			850
Dividends from subsidiaries
Bank subsidiary	125			125		—			(250		)	—
Nonbank subsidiaries	238			—		—			(238		)	—
Other revenue
Servicing fees	279			—		204			(473		)	10
Insurance premiums and service revenue earned	—			—		233			—			233
(Loss) gain on mortgage and automotive loans, net	(8		)	—		54			—			46
Loss on extinguishment of debt	(197		)	—		(1		)	—			(198		)
Other gain on investments, net	—			—		55			—			55
Other income, net of losses	72			—		152			(127		)	97
Total other revenue	146			—		697			(600		)	243
Total net revenue	199			125		1,857			(1,088		)	1,093
Provision for loan losses	100			—		16			—			116
Noninterest expense
Compensation and benefits expense	154			—		225			(124		)	255
Insurance losses and loss adjustment expenses	—			—		56			—			56
Other operating expenses	310			—		550			(476		)	384
Total noninterest expense	464			—		831			(600		)	695
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income of subsidiaries	(365		)	125		1,010			(488		)	282
Income tax (benefit) expense from continuing operations	(115		)	—		218			—			103
Net (loss) income from continuing operations	(250		)	125		792			(488		)	179
Income from discontinued operations, net of tax	387			—		10			—			397
Undistributed income of subsidiaries
Bank subsidiary	180			180		—			(360		)	—
Nonbank subsidiaries	259			—		—			(259		)	—
Net income	576			305		802			(1,107		)	576
Other comprehensive income, net of tax	31			42		47			(89		)	31
Comprehensive income	$	607		$	347	$	849		$	(1,196	)	$	607

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
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

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheet

March 31, 2015 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	945		$	—	$	607		$	—		$	1,552
Interest-bearing	1,700			—		4,384			—			6,084
Interest-bearing — intercompany	—			—		617			(617		)	—
Total cash and cash equivalents	2,645			—		5,608			(617		)	7,636
Federal funds sold and securities purchased under resale agreements	—			—		50			—			50
Investment securities	—			—		17,829			—			17,829
Loans held-for-sale, net	—			—		1,559			—			1,559
Finance receivables and loans, net
Finance receivables and loans, net	6,034			—		93,823			—			99,857
Intercompany loans to
Bank subsidiary	700			—		—			(700		)	—
Nonbank subsidiaries	1,745			—		1,566			(3,311		)	—
Allowance for loan losses	(129		)	—		(804		)	—			(933		)
Total finance receivables and loans, net	8,350			—		94,585			(4,011		)	98,924
Investment in operating leases, net	—			—		19,021			—			19,021
Intercompany receivables from
Bank subsidiary	493			—		—			(493		)	—
Nonbank subsidiaries	254			—		406			(660		)	—
Investment in subsidiaries
Bank subsidiary	16,171			16,171		—			(32,342		)	—
Nonbank subsidiaries	11,255			12		—			(11,267		)	—
Premiums receivable and other insurance assets	—			—		1,742			(20		)	1,722
Other assets	4,835			—		4,662			(2,714		)	6,783
Total assets	$	44,003		$	16,183	$	145,462		$	(52,124	)	$	153,524
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	79		$	—		$	79
Interest-bearing	310			—		60,486			—			60,796
Total deposit liabilities	310			—		60,565			—			60,875
Short-term borrowings	3,481			—		2,966			—			6,447
Long-term debt	20,774			—		44,986			—			65,760
Intercompany debt to
Nonbank subsidiaries	2,183			—		2,445			(4,628		)	—
Intercompany payables to
Bank subsidiary	187			—		—			(187		)	—
Nonbank subsidiaries	437			—		550			(987		)	—
Interest payable	227			—		213			—			440
Unearned insurance premiums and service revenue	—			—		2,374			—			2,374
Accrued expenses and other liabilities	470			82		3,856			(2,714		)	1,694
Total liabilities	28,069			82		117,955			(8,516		)	137,590
Total equity	15,934			16,101		27,507			(43,608		)	15,934
Total liabilities and equity	$	44,003		$	16,183	$	145,462		$	(52,124	)	$	153,524

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

December 31, 2014 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	986		$	—	$	362		$	—		$	1,348
Interest-bearing	1,300			—		2,928			—			4,228
Interest-bearing — intercompany	—			—		615			(615		)	—
Total cash and cash equivalents	2,286			—		3,905			(615		)	5,576
Investment securities	—			—		16,137			—			16,137
Loans held-for-sale, net	3			—		2,000			—			2,003
Finance receivables and loans, net
Finance receivables and loans, net	4,225			—		95,723			—			99,948
Intercompany loans to
Bank subsidiary	625			—		—			(625		)	—
Nonbank subsidiaries	3,500			—		1,770			(5,270		)	—
Allowance for loan losses	(102		)	—		(875		)	—			(977		)
Total finance receivables and loans, net	8,248			—		96,618			(5,895		)	98,971
Investment in operating leases, net	—			—		19,510			—			19,510
Intercompany receivables from
Bank subsidiary	219			—		—			(219		)	—
Nonbank subsidiaries	267			—		393			(660		)	—
Investment in subsidiaries
Bank subsidiary	15,967			15,967		—			(31,934		)	—
Nonbank subsidiaries	11,559			12		—			(11,571		)	—
Premiums receivable and other insurance assets	—			—		1,717			(22		)	1,695
Other assets	4,889			—		4,879			(2,466		)	7,302
Assets of operations held-for-sale	634			—		—			—			634
Total assets	$	44,072		$	15,979	$	145,159		$	(53,382	)	$	151,828
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	64		$	—		$	64
Interest-bearing	319			—		57,839			—			58,158
Total deposit liabilities	319			—		57,903			—			58,222
Short-term borrowings	3,338			—		3,724			—			7,062
Long-term debt	21,199			—		45,359			—			66,558
Intercompany debt to
Nonbank subsidiaries	2,385			—		4,125			(6,510		)	—
Intercompany payables to
Bank subsidiary	94			—		—			(94		)	—
Nonbank subsidiaries	454			—		354			(808		)	—
Interest payable	316			—		161			—			477
Unearned insurance premiums and service revenue	—			—		2,375			—			2,375
Accrued expenses and other liabilities	568			82		3,551			(2,466		)	1,735
Total liabilities	28,673			82		117,552			(9,878		)	136,429
Total equity	15,399			15,897		27,607			(43,504		)	15,399
Total liabilities and equity	$	44,072		$	15,979	$	145,159		$	(53,382	)	$	151,828

(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, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash (used in) provided by operating activities	$	(189	)	$	125		$	799		$	(488	)	$	247
Investing activities
Net change in federal funds sold and securities purchased under resale agreements	—			—			(50		)	—			(50		)
Purchases of available-for-sale securities	—			—			(4,023		)	—			(4,023		)
Proceeds from sales of available-for-sale securities	—			—			1,523			—			1,523
Proceeds from maturities and repayments of available-for-sale securities	—			—			914			—			914
Net (increase) decrease in finance receivables and loans	(242		)	—			197			—			(45		)
Proceeds from sales of finance receivables and loans	—			—			1,577			—			1,577
Net decrease in loans — intercompany	374			—			205			(579		)	—
Net increase in operating lease assets	—			—			(110		)	—			(110		)
Capital contributions to subsidiaries	(24		)	—			—			24			—
Returns of contributed capital	222			—			—			(222		)	—
Proceeds from sale of business units, net	1,049			—			—			—			1,049
Net change in restricted cash	—			—			(121		)	—			(121		)
Other, net	(1		)	—			92			—			91
Net cash provided by investing activities	1,378			—			204			(777		)	805
Financing activities
Net change in short-term borrowings — third party	142			—			(760		)	—			(618		)
Net (decrease) increase in deposits	(9		)	—			2,661			—			2,652
Proceeds from issuance of long-term debt — third party	2,467			—			6,353			—			8,820
Repayments of long-term debt — third party	(3,161		)	—			(6,617		)	—			(9,778		)
Net change in debt — intercompany	(202		)	—			(374		)	576			—
Dividends paid — third party	(67		)	—			—			—			(67		)
Dividends paid and returns of contributed capital — intercompany	—			(125		)	(586		)	711			—
Capital contributions from parent	—			—			24			(24		)	—
Net cash (used in) provided by financing activities	(830		)	(125		)	701			1,263			1,009
Effect of exchange-rate changes on cash and cash equivalents	—			—			(1		)	—			(1		)
Net increase in cash and cash equivalents	359			—			1,703			(2		)	2,060
Cash and cash equivalents at beginning of year	2,286			—			3,905			(615		)	5,576
Cash and cash equivalents at March 31	$	2,645		$	—		$	5,608		$	(617	)	$	7,636

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