Finance Receivables And Loans, Net (Tables)

6 Months Ended

Jun. 30, 2015

Loans and Leases Receivable, Net Reported Amount, by Category Alternative [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The composition of finance receivables and loans, net, reported at carrying value before allowance for loan losses was as follows.

($ in millions)	June 30, 2015		December 31, 2014
Consumer automotive (a)	$	60,786	$	56,570
Consumer mortgage (b)(c)	9,212		7,474
Commercial
Commercial and industrial
Automotive	29,732		30,871
Other	2,149		1,882
Commercial real estate — Automotive	3,294		3,151
Total commercial	35,175		35,904
Total finance receivables and loans (d)	$	105,173	$	99,948

(a) Includes $69 million and $35 million of fair value adjustment for loans in hedge accounting relationships at June 30, 2015, and December 31, 2014, respectively. Refer to Note 20 for additional information.

(b) Includes loans originated as interest-only mortgage loans of $1.1 billion and $1.2 billion at June 30, 2015, and December 31, 2014, respectively, 12% of which are expected to start principal amortization in the remainder of 2015, 33% in 2016, 21% in 2017, 2% in 2018, and 4% thereafter.

(c) Includes consumer mortgages at a fair value of $1 million at both June 30, 2015, and December 31, 2014, as a result of fair value option election.

(d) Totals are net of unearned income, unamortized premiums and discounts, and deferred fees and costs of $57 million and $266 million at June 30, 2015, and December 31, 2014, respectively.

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans.

Three months ended June 30, 2015 ($ in millions)	Consumer automotive			Consumer mortgage			Commercial			Total
Allowance at April 1, 2015	$	711		$	119		$	103		$	933
Charge-offs	(166		)	(9		)	—			(175		)
Recoveries	70			5			—			75
Net charge-offs	(96		)	(4		)	—			(100		)
Provision for loan losses	152			3			(15		)	140
Other	—			1			—			1
Allowance at June 30, 2015	$	767		$	119		$	88		$	974

Three months ended June 30, 2014 ($ in millions)	Consumer automotive			Consumer mortgage			Commercial			Total
Allowance at April 1, 2014	$	715		$	333		$	144		$	1,192
Charge-offs	(143		)	(10		)	(4		)	(157		)
Recoveries	60			2			10			72
Net charge-offs	(83		)	(8		)	6			(85		)
Provision for loan losses	97			(25		)	(9		)	63
Other	—			2			(1		)	1
Allowance at June 30, 2014	$	729		$	302		$	140		$	1,171

Six months ended June 30, 2015 ($ in millions)	Consumer automotive			Consumer mortgage			Commercial			Total
Allowance at January 1, 2015	$	685		$	152		$	140		$	977
Charge-offs	(359		)	(31		)	—			(390		)
Recoveries	131			8			1			140
Net charge-offs	(228		)	(23		)	1			(250		)
Provision for loan losses	310			(2		)	(52		)	256
Other (a)	—			(8		)	(1		)	(9		)
Allowance at June 30, 2015	$	767		$	119		$	88		$	974
Allowance for loan losses at June 30, 2015
Individually evaluated for impairment	$	22		$	50		$	19		$	91
Collectively evaluated for impairment	745			69			69			883
Loans acquired with deteriorated credit quality	—			—			—			—
Finance receivables and loans at historical cost at June 30, 2015
Ending balance	$	60,786		$	9,211		$	35,175		$	105,172
Individually evaluated for impairment	275			265			99			639
Collectively evaluated for impairment	60,511			8,946			35,076			104,533
Loans acquired with deteriorated credit quality	—			—			—			—

(a) Primarily related to the transfer of finance receivables and loans from held-for-investment to held-for-sale.

Six months ended June 30, 2014 ($ in millions)	Consumer automotive			Consumer mortgage			Commercial			Total
Allowance at January 1, 2014	$	673		$	389		$	146		$	1,208
Charge-offs	(323		)	(25		)	(5		)	(353		)
Recoveries	119			5			11			135
Net charge-offs	(204		)	(20		)	6			(218		)
Provision for loan losses	260			(48		)	(12		)	200
Other (a)	—			(19		)	—			(19		)
Allowance at June 30, 2014	$	729		$	302		$	140		$	1,171
Allowance for loan losses at June 30, 2014
Individually evaluated for impairment	$	26		$	192		$	15		$	233
Collectively evaluated for impairment	703			110			125			938
Loans acquired with deteriorated credit quality	—			—			—			—
Finance receivables and loans at historical cost at June 30, 2014
Ending balance	$	58,114		$	7,846		$	34,817		$	100,777
Individually evaluated for impairment	287			925			98			1,310
Collectively evaluated for impairment	57,824			6,921			34,719			99,464
Loans acquired with deteriorated credit quality	3			—			—			3

(a) Primarily related to the transfer of finance receivables and loans from held-for-investment to held-for-sale

Schedule Of Sales Of Financing Receivables And Loans [Table Text Block]

The following table presents information about significant sales of finance receivables and loans recorded at historical cost and transfers of finance receivables and loans from held-for-investment to held-for-sale.

	Three months ended June 30,				Six months ended June 30,
($ in millions)	2015		2014		2015		2014
Consumer mortgage	$	4	$	—	$	73	$	40
Total sales and transfers	$	4	$	—	$	73	$	40

Schedule of Purchases of Financing Receivables and Loans [Table Text Block]

The following table presents information about significant purchases of finance receivables and loans.

	Three months ended June 30,				Six months ended June 30,
($ in millions)	2015		2014		2015		2014
Consumer mortgage	$	1,996	$	15	$	2,650	$	15
Total purchases of finance receivables and loans	$	1,996	$	15	$	2,650	$	15

Past Due Financing Receivables [Table Text Block]

The following table presents an analysis of our past due finance receivables and loans, net, recorded at historical cost reported at carrying value before allowance for loan losses.

($ in millions)	30-59 days past due		60-89 days past due		90 days or more past due		Total past due		Current		Total finance receivables and loans
June 30, 2015
Consumer automotive	$	1,226	$	251	$	156	$	1,633	$	59,153	$	60,786
Consumer mortgage	89		22		96		207		9,004		9,211
Commercial
Commercial and industrial
Automotive	—		—		20		20		29,712		29,732
Other	—		—		—		—		2,149		2,149
Commercial real estate — Automotive	—		—		1		1		3,293		3,294
Total commercial	—		—		21		21		35,154		35,175
Total consumer and commercial	$	1,315	$	273	$	273	$	1,861	$	103,311	$	105,172
December 31, 2014
Consumer automotive	$	1,340	$	293	$	164	$	1,797	$	54,773	$	56,570
Consumer mortgage	76		25		124		225		7,248		7,473
Commercial
Commercial and industrial
Automotive	—		9		—		9		30,862		30,871
Other	—		—		—		—		1,882		1,882
Commercial real estate — Automotive	—		—		—		—		3,151		3,151
Total commercial	—		9		—		9		35,895		35,904
Total consumer and commercial	$	1,416	$	327	$	288	$	2,031	$	97,916	$	99,947

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table presents the carrying value before allowance for loan losses of our finance receivables and loans recorded at historical cost on nonaccrual status.

($ in millions)	June 30, 2015		December 31, 2014
Consumer automotive	$	386	$	386
Consumer mortgage	157		177
Commercial
Commercial and industrial
Automotive	46		32
Other	46		46
Commercial real estate — Automotive	7		4
Total commercial	99		82
Total consumer and commercial finance receivables and loans	$	642	$	645

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents performing and nonperforming credit quality indicators in accordance with our internal accounting policies for our consumer finance receivables and loans recorded at historical cost reported at carrying value before allowance for loan losses. Nonperforming loans include finance receivables and loans on nonaccrual status when the principal or interest has been delinquent for 90 days or when full collection is determined not to be probable. Refer to Note 1 to the Consolidated Financial Statements in our 2014 Annual Report on Form 10-K for additional information.

	June 30, 2015						December 31, 2014
($ in millions)	Performing		Nonperforming		Total		Performing		Nonperforming		Total
Consumer automotive	$	60,400	$	386	$	60,786	$	56,184	$	386	$	56,570
Consumer mortgage	9,054		157		9,211		7,296		177		7,473

The following table presents pass and criticized credit quality indicators based on regulatory definitions for our commercial finance receivables and loans recorded at historical cost reported at carrying value before allowance for loan losses.

	June 30, 2015						December 31, 2014
($ in millions)	Pass		Criticized (a)		Total		Pass		Criticized (a)		Total
Commercial
Commercial and industrial
Automotive	$	28,037	$	1,695	$	29,732	$	29,150	$	1,721	$	30,871
Other	1,680		469		2,149		1,509		373		1,882
Commercial real estate — Automotive	3,148		146		3,294		3,015		136		3,151
Total commercial	$	32,865	$	2,310	$	35,175	$	33,674	$	2,230	$	35,904

(a) Includes loans classified as special mention, substandard, or doubtful. These classifications are based on regulatory definitions and generally represent loans within our portfolio that have a higher default risk or have already defaulted.

Impaired Financing Receivables [Table Text Block]

The following table presents information about our impaired finance receivables and loans recorded at historical cost.

($ in millions)	Unpaid principal balance		Carrying value before allowance		Impaired with no allowance		Impaired with an allowance		Allowance for impaired loans
June 30, 2015
Consumer automotive	$	275	$	275	$	—	$	275	$	22
Consumer mortgage	266		265		62		203		50
Commercial
Commercial and industrial
Automotive	46		46		18		28		6
Other	46		46		—		46		11
Commercial real estate — Automotive	7		7		4		3		2
Total commercial	99		99		22		77		19
Total consumer and commercial finance receivables and loans	$	640	$	639	$	84	$	555	$	91
December 31, 2014
Consumer automotive	$	282	$	282	$	—	$	282	$	23
Consumer mortgage	340		336		86		250		62
Commercial
Commercial and industrial
Automotive	32		32		4		28		5
Other	46		46		—		46		15
Commercial real estate — Automotive	4		4		1		3		1
Total commercial	82		82		5		77		21
Total consumer and commercial finance receivables and loans	$	704	$	700	$	91	$	609	$	106

The following tables present average balance and interest income for our impaired finance receivables and loans.

	2015				2014
Three months ended June 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automotive	$	285	$	5	$	298	$	5
Consumer mortgage	259		2		930		7
Commercial
Commercial and industrial
Automotive	41		1		68		—
Other	31		—		62		4
Commercial real estate — Automotive	5		—		6		—
Total commercial	77		1		136		4
Total consumer and commercial finance receivables and loans	$	621	$	8	$	1,364	$	16

	2015				2014
Six months ended June 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automotive	$	287	$	9	$	297	$	9
Consumer mortgage	289		4		928		15
Commercial
Commercial and industrial
Automotive	38		1		84		1
Other	37		3		67		4
Commercial real estate — Automotive	5		—		9		—
Total commercial	80		4		160		5
Total consumer and commercial finance receivables and loans	$	656	$	17	$	1,385	$	29

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

The following tables present information related to finance receivables and loans recorded at historical cost modified in connection with a TDR during the period.

	2015					2014
Three months ended June 30, ($ in millions)	Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance		Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance
Consumer automotive	4,096	$	64	$	54	3,961	$	67	$	59
Consumer mortgage	76	22		21		95	15		15
Commercial
Commercial and industrial
Automotive	—	—		—		—	—		—
Other	—	—		—		—	—		—
Total commercial	—	—		—		—	—		—
Total consumer and commercial finance receivables and loans	4,172	$	86	$	75	4,056	$	82	$	74

	2015					2014
Six months ended June 30, ($ in millions)	Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance		Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance
Consumer automotive	8,151	$	127	$	107	9,320	$	151	$	130
Consumer mortgage	116	29		27		313	64		60
Commercial
Commercial and industrial
Automotive	—	—		—		3	23		23
Other	—	—		—		3	48		48
Total commercial	—	—		—		6	71		71
Total consumer and commercial finance receivables and loans	8,267	$	156	$	134	9,639	$	286	$	261

Finance receivables and loans redefaulted during the period [Table Text Block]

The following tables present information about finance receivables and loans recorded at historical cost that have redefaulted during the reporting period and were within 12 months or less of being modified as a TDR. Redefault is when finance receivables and loans meet the requirements for evaluation under our charge-off policy (Refer to Note 1 to the Consolidated Financial Statements in our 2014 Annual Report on Form 10-K for additional information) except for commercial finance receivables and loans, where redefault is defined as 90 days past due.

	2015					2014
Three months ended June 30, ($ in millions)	Number of loans	Carrying value before allowance		Charge-off amount		Number of loans	Carrying value before allowance		Charge-off amount
Consumer automotive	1,499	$	18	$	10	1,616	$	20	$	11
Consumer mortgage	3	—		—		3	—		—
Commercial	—	—		—		—	—		—
Total consumer and commercial finance receivables and loans	1,502	$	18	$	10	1,619	$	20	$	11

	2015					2014
Six months ended June 30, ($ in millions)	Number of loans	Carrying value before allowance		Charge-off amount		Number of loans	Carrying value before allowance		Charge-off amount
Consumer automotive	3,080	$	37	$	21	3,230	$	40	$	21
Consumer mortgage	7	—		—		5	1		—
Commercial	—	—		—		—	—		—
Total consumer and commercial finance receivables and loans	3,087	$	37	$	21	3,235	$	41	$	21