Parent And Guarantor Consolidating Financial Statements (Tables)

6 Months Ended

Jun. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Income Statement [Table Text Block]

Condensed Consolidating Statements of Comprehensive Income

Three months ended June 30, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(16	)	$	—		$	1,134		$	—		$	1,118
Interest and fees on finance receivables and loans — intercompany	2			—			5			(7		)	—
Interest on loans held-for-sale	—			—			14			—			14
Interest and dividends on available-for-sale investment securities	—			—			93			—			93
Interest-bearing cash and cash equivalents	1			—			1			—			2
Interest-bearing cash — intercompany	—			—			2			(2		)	—
Operating leases	—			—			860			—			860
Total financing revenue and other interest income	(13		)	—			2,109			(9		)	2,087
Interest expense
Interest on deposits	2			—			175			—			177
Interest on short-term borrowings	10			—			2			—			12
Interest on long-term debt	292			—			127			—			419
Interest on intercompany debt	6			—			3			(9		)	—
Total interest expense	310			—			307			(9		)	608
Depreciation expense on operating lease assets	—			—			563			—			563
Net financing (loss) revenue	(323		)	—			1,239			—			916
Dividends from subsidiaries
Bank subsidiary	400			400			—			(800		)	—
Nonbank subsidiaries	248			—			—			(248		)	—
Other revenue
Servicing fees	278			—			207			(475		)	10
Insurance premiums and service revenue earned	—			—			237			—			237
Gain on mortgage and automotive loans, net	—			—			1			—			1
Loss on extinguishment of debt	(156		)	—			—			—			(156		)
Other gain on investments, net	—			—			45			—			45
Other income, net of losses	49			—			127			(102		)	74
Total other revenue	171			—			617			(577		)	211
Total net revenue	496			400			1,856			(1,625		)	1,127
Provision for loan losses	(36		)	—			176			—			140
Noninterest expense
Compensation and benefits expense	139			—			197			(100		)	236
Insurance losses and loss adjustment expenses	—			—			122			—			122
Other operating expenses	310			—			533			(477		)	366
Total noninterest expense	449			—			852			(577		)	724
Income from continuing operations before income tax (benefit) expense and undistributed (loss) income of subsidiaries	83			400			828			(1,048		)	263
Income tax (benefit) expense from continuing operations	(87		)	—			181			—			94
Net income from continuing operations	170			400			647			(1,048		)	169
(Loss) income from discontinued operations, net of tax	(15		)	—			28			—			13
Undistributed (loss) income of subsidiaries
Bank subsidiary	(132		)	(132		)	—			264			—
Nonbank subsidiaries	159			—			—			(159		)	—
Net income	182			268			675			(943		)	182
Other comprehensive (loss) income, net of tax	(148		)	(67		)	(166		)	233			(148		)
Comprehensive income	$	34		$	201		$	509		$	(710	)	$	34

Three months ended June 30, 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	)	$	—		$	1,133	$	—		$	1,124
Interest and fees on finance receivables and loans — intercompany	5			—			22		(27		)	—
Interest on loans held-for-sale	—			—			1		—			1
Interest and dividends on available-for-sale investment securities	—			—			93		—			93
Interest-bearing cash and cash equivalents	1			—			—		—			1
Interest-bearing cash - intercompany	—			—			2		(2		)	—
Operating leases	177			—			707		—			884
Total financing revenue and other interest income	174			—			1,958		(29		)	2,103
Interest expense
Interest on deposits	4			—			162		—			166
Interest on short-term borrowings	11			—			2		—			13
Interest on long-term debt	405			—			144		—			549
Interest on intercompany debt	24			—			5		(29		)	—
Total interest expense	444			—			313		(29		)	728
Depreciation expense on operating lease assets	103			—			406		—			509
Net financing (loss) revenue	(373		)	—			1,239		—			866
Dividends from subsidiaries
Bank subsidiaries	1,500			1,500			—		(3,000		)	—
Nonbank subsidiaries	200			—			—		(200		)	—
Other revenue
Servicing fees	7			—			—		—			7
Insurance premiums and service revenue earned	—			—			249		—			249
Gain on mortgage and automotive loans, net	—			—			6		—			6
Loss on extinguishment of debt	(7		)	—			—		—			(7		)
Other gain on investments, net	—			—			41		—			41
Other income, net of losses	199			—			298		(428		)	69
Total other revenue	199			—			594		(428		)	365
Total net revenue	1,526			1,500			1,833		(3,628		)	1,231
Provision for loan losses	29			—			34		—			63
Noninterest expense
Compensation and benefits expense	134			—			179		(98		)	215
Insurance losses and loss adjustment expenses	—			—			188		—			188
Other operating expenses	220			—			528		(330		)	418
Total noninterest expense	354			—			895		(428		)	821
Income from continuing operations before income tax (benefit) expense and undistributed (loss) income of subsidiaries	1,143			1,500			904		(3,200		)	347
Income tax (benefit) expense from continuing operations	(127		)	—			191		—			64
Net income from continuing operations	1,270			1,500			713		(3,200		)	283
Income from discontinued operations, net of tax	16			—			24		—			40
Undistributed (loss) income of subsidiaries
Bank subsidiary	(1,191		)	(1,191		)	—		2,382			—
Nonbank subsidiaries	228			(1		)	—		(227		)	—
Net income	323			308			737		(1,045		)	323
Other comprehensive income (loss), net of tax	89			50			88		(138		)	89
Comprehensive income	$	412		$	358		$	825	$	(1,183	)	$	412

Six months ended June 30, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(12	)	$	—		$	2,204		$	—		$	2,192
Interest and fees on finance receivables and loans — intercompany	12			—			21			(33		)	—
Interest on loans held-for-sale	—			—			38			—			38
Interest and dividends on available-for-sale investment securities	—			—			181			—			181
Interest-bearing cash and cash equivalents	1			—			3			—			4
Interest-bearing cash — intercompany	—			—			4			(4		)	—
Operating leases	—			—			1,756			—			1,756
Total financing revenue and other interest income	1			—			4,207			(37		)	4,171
Interest expense
Interest on deposits	5			—			344			—			349
Interest on short-term borrowings	20			—			3			—			23
Interest on long-term debt	584			—			264			—			848
Interest on intercompany debt	25			—			12			(37		)	—
Total interest expense	634			—			623			(37		)	1,220
Depreciation expense on operating lease assets	—			—			1,185			—			1,185
Net financing (loss) revenue	(633		)	—			2,399			—			1,766
Dividends from subsidiaries
Bank subsidiary	525			525			—			(1,050		)	—
Nonbank subsidiaries	486			—			—			(486		)	—
Other revenue
Servicing fees	557			—			411			(948		)	20
Insurance premiums and service revenue earned	—			—			470			—			470
(Loss) gain on mortgage and automotive loans, net	(8		)	—			55			—			47
Loss on extinguishment of debt	(353		)	—			(1		)	—			(354		)
Other gain on investments, net	—			—			100			—			100
Other income, net of losses	121			—			279			(229		)	171
Total other revenue	317			—			1,314			(1,177		)	454
Total net revenue	695			525			3,713			(2,713		)	2,220
Provision for loan losses	64			—			192			—			256
Noninterest expense
Compensation and benefits expense	293			—			422			(224		)	491
Insurance losses and loss adjustment expenses	—			—			178			—			178
Other operating expenses	620			—			1,083			(953		)	750
Total noninterest expense	913			—			1,683			(1,177		)	1,419
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income of subsidiaries	(282		)	525			1,838			(1,536		)	545
Income tax (benefit) expense from continuing operations	(202		)	—			399			—			197
Net (loss) income from continuing operations	(80		)	525			1,439			(1,536		)	348
Income from discontinued operations, net of tax	372			—			38			—			410
Undistributed income of subsidiaries
Bank subsidiary	48			48			—			(96		)	—
Nonbank subsidiaries	418			—			—			(418		)	—
Net income	758			573			1,477			(2,050		)	758
Other comprehensive (loss) income, net of tax	(117		)	(25		)	(119		)	144			(117		)
Comprehensive income	$	641		$	548		$	1,358		$	(1,906	)	$	641

Six months ended June 30, 2014 ($ in millions)	Parent			Guarantors			Nonguarantors		Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(18	)	$	—		$	2,249	$	—		$	2,231
Interest and fees on finance receivables and loans — intercompany	16			—			43		(59		)	—
Interest on loans held-for-sale	—			—			1		—			1
Interest and dividends on available-for-sale investment securities	—			—			188		—			188
Interest-bearing cash and cash equivalents	1			—			3		—			4
Interest-bearing — intercompany	—			—			3		(3		)	—
Operating leases	268			—			1,486		—			1,754
Total financing revenue and other interest income	267			—			3,973		(62		)	4,178
Interest expense
Interest on deposits	8			—			321		—			329
Interest on short-term borrowings	22			—			6		—			28
Interest on long-term debt	793			—			290		—			1,083
Interest on intercompany debt	46			—			16		(62		)	—
Total interest expense	869			—			633		(62		)	1,440
Depreciation expense on operating lease assets	168			—			883		—			1,051
Net financing (loss) revenue	(770		)	—			2,457		—			1,687
Dividends from subsidiaries
Bank subsidiary	1,500			1,500			—		(3,000		)	—
Nonbank subsidiaries	321			—			—		(321		)	—
Other revenue
Servicing fees	16			—			—		—			16
Insurance premiums and service revenue earned	—			—			490		—			490
Gain on mortgage and automotive loans, net	—			—			6		—			6
Loss on extinguishment of debt	(46		)	—			—		—			(46		)
Other gain on investments, net	—			—			84		—			84
Other income, net of losses	385			—			634		(883		)	136
Total other revenue	355			—			1,214		(883		)	686
Total net revenue	1,406			1,500			3,671		(4,204		)	2,373
Provision for loan losses	77			—			123		—			200
Noninterest expense
Compensation and benefits expense	288			—			405		(224		)	469
Insurance losses and loss adjustment expenses	—			—			256		—			256
Other operating expenses	396			—			1,072		(659		)	809
Total noninterest expense	684			—			1,733		(883		)	1,534
Income from continuing operations before income tax (benefit) expense and undistributed (loss) income of subsidiaries	645			1,500			1,815		(3,321		)	639
Income tax (benefit) expense from continuing operations	(241		)	—			399		—			158
Net income from continuing operations	886			1,500			1,416		(3,321		)	481
Income from discontinued operations, net of tax	45			—			24		—			69
Undistributed (loss) income of subsidiaries
Bank subsidiary	(952		)	(952		)	—		1,904			—
Nonbank subsidiaries	571			—			—		(571		)	—
Net income	550			548			1,440		(1,988		)	550
Other comprehensive income (loss), net of tax	181			119			174		(293		)	181
Comprehensive income	$	731		$	667		$	1,614	$	(2,281	)	$	731

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheet

June 30, 2015 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	929		$	—	$	810		$	—		$	1,739
Interest-bearing	1,251			—		2,868			—			4,119
Interest-bearing — intercompany	—			—		744			(744		)	—
Total cash and cash equivalents	2,180			—		4,422			(744		)	5,858
Investment securities	—			—		19,142			—			19,142
Loans held-for-sale, net	—			—		1,438			—			1,438
Finance receivables and loans, net
Finance receivables and loans, net	3,376			—		101,797			—			105,173
Intercompany loans to
Nonbank subsidiaries	1,615			—		511			(2,126		)	—
Allowance for loan losses	(82		)	—		(892		)	—			(974		)
Total finance receivables and loans, net	4,909			—		101,416			(2,126		)	104,199
Investment in operating leases, net	—			—		17,950			—			17,950
Intercompany receivables from
Bank subsidiary	525			—		—			(525		)	—
Nonbank subsidiaries	169			—		270			(439		)	—
Investment in subsidiaries
Bank subsidiary	15,974			15,974		—			(31,948		)	—
Nonbank subsidiaries	11,318			12		—			(11,330		)	—
Premiums receivable and other insurance assets	—			—		1,780			(21		)	1,759
Other assets	4,800			—		3,944			(2,618		)	6,126
Total assets	$	39,875		$	15,986	$	150,362		$	(49,751	)	$	156,472
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	89		$	—		$	89
Interest-bearing	247			—		61,611			—			61,858
Total deposit liabilities	247			—		61,700			—			61,947
Short-term borrowings	3,459			—		6,554			—			10,013
Long-term debt	19,567			—		46,285			—			65,852
Intercompany debt to
Nonbank subsidiaries	1,255			—		1,615			(2,870		)	—
Intercompany payables to
Bank subsidiary	29			—		—			(29		)	—
Nonbank subsidiaries	369			—		587			(956		)	—
Interest payable	250			—		168			—			418
Unearned insurance premiums and service revenue	—			—		2,417			—			2,417
Accrued expenses and other liabilities	404			82		3,662			(2,618		)	1,530
Total liabilities	25,580			82		122,988			(6,473		)	142,177
Total equity	14,295			15,904		27,374			(43,278		)	14,295
Total liabilities and equity	$	39,875		$	15,986	$	150,362		$	(49,751	)	$	156,472

(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

Six months ended June 30, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash (used in) provided by operating activities	$	(64	)	$	525		$	2,817		$	(1,535	)	$	1,743
Investing activities
Purchases of available-for-sale securities	—			—			(8,165		)	—			(8,165		)
Proceeds from sales of available-for-sale securities	—			—			2,865			—			2,865
Proceeds from maturities and repayments of available-for-sale securities	—			—			2,192			—			2,192
Net decrease (increase) in finance receivables and loans	787			—			(6,258		)	—			(5,471		)
Proceeds from sales of finance receivables and loans	—			—			1,582			—			1,582
Net decrease in loans — intercompany	2,598			—			1,259			(3,857		)	—
Net decrease in operating lease assets	—			—			361			—			361
Capital contributions to subsidiaries	(169		)	(1		)	1			169			—
Returns of contributed capital	602			—			—			(602		)	—
Proceeds from sale of business units, net	1,049			—			—			—			1,049
Net change in restricted cash	—			—			449			—			449
Other, net	(10		)	—			(44		)	—			(54		)
Net cash provided by (used in) investing activities	4,857			(1		)	(5,758		)	(4,290		)	(5,192		)
Financing activities
Net change in short-term borrowings — third party	121			—			2,824			—			2,945
Net (decrease) increase in deposits	(72		)	—			3,796			—			3,724
Proceeds from issuance of long-term debt — third party	3,780			—			14,027			—			17,807
Repayments of long-term debt — third party	(5,837		)	—			(13,147		)	—			(18,984		)
Net change in debt — intercompany	(1,131		)	—			(2,597		)	3,728			—
Repurchase and redemption of preferred stock	(442		)	—			—			—			(442		)
Dividends paid — third party	(1,318		)	—			—			—			(1,318		)
Dividends paid and returns of contributed capital — intercompany	—			(525		)	(1,612		)	2,137			—
Capital contributions from parent	—			1			168			(169		)	—
Net cash (used in) provided by financing activities	(4,899		)	(524		)	3,459			5,696			3,732
Effect of exchange-rate changes on cash and cash equivalents	—			—			(1		)	—			(1		)
Net (decrease) increase in cash and cash equivalents	(106		)	—			517			(129		)	282
Cash and cash equivalents at beginning of year	2,286			—			3,905			(615		)	5,576
Cash and cash equivalents at June 30	$	2,180		$	—		$	4,422		$	(744	)	$	5,858

Six months ended June 30, 2014 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	1,030		$	1,489		$	2,314		$	(3,320	)	$	1,513
Investing activities
Purchases of available-for-sale securities	—			—			(2,411		)	—			(2,411		)
Proceeds from sales of available-for-sale securities	—			—			2,144			—			2,144
Proceeds from maturities and repayments of available-for-sale securities	—			—			1,136			—			1,136
Net decrease (increase) in finance receivables and loans	2,737			—			(3,473		)	—			(736		)
Net (increase) decrease in loans — intercompany	(547		)	—			25			522			—
Net decrease (increase) in operating lease assets	17			—			(2,206		)	—			(2,189		)
Capital contributions to subsidiaries	(687		)	—			—			687			—
Returns of contributed capital	1,126			—			—			(1,126		)	—
Proceeds from sale of business unit, net	46			—			1			—			47
Net change in restricted cash	(3		)	—			2,063			—			2,060
Other, net	(9		)	—			48			—			39
Net cash provided by (used in) investing activities	2,680			—			(2,673		)	83			90
Financing activities
Net change in short-term borrowings — third party	115			—			(2,296		)	—			(2,181		)
Net (decrease) increase in deposits	(42		)	—			2,783			—			2,741
Proceeds from issuance of long-term debt — third party	1,305			—			13,651			—			14,956
Repayments of long-term debt — third party	(5,521		)	—			(11,218		)	—			(16,739		)
Net change in debt — intercompany	(23		)	—			548			(525		)	—
Dividends paid — third party	(134		)	—			—			—			(134		)
Dividends paid and returns of contributed capital — intercompany	—			(1,500		)	(2,947		)	4,447			—
Capital contributions from parent	—			—			687			(687		)	—
Net cash (used in) provided by financing activities	(4,300		)	(1,500		)	1,208			3,235			(1,357		)
Net (decrease) increase in cash and cash equivalents	(590		)	(11		)	849			(2		)	246
Cash and cash equivalents at beginning of year	2,930			37			2,974			(410		)	5,531
Cash and cash equivalents at June 30	$	2,340		$	26		$	3,823		$	(412	)	$	5,777