Parent And Guarantor Consolidating Financial Statements (Tables)

12 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Income Statement [Table Text Block]

Condensed Consolidating Statements of Comprehensive Income

Year ended December 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	$	(83	)	$	—		$	4,653		$	—		$	4,570
Interest and fees on finance receivables and loans — intercompany	17			—			24			(41		)	—
Interest on loans held-for-sale	—			—			40			—			40
Interest and dividends on available-for-sale investment securities	—			—			381			—			381
Interest on cash and cash equivalents	1			—			7			—			8
Interest-bearing cash — intercompany	—			—			8			(8		)	—
Operating leases	9			—			3,389			—			3,398
Total financing revenue and other interest income	(56		)	—			8,502			(49		)	8,397
Interest expense
Interest on deposits	10			—			708			—			718
Interest on short-term borrowings	40			—			9			—			49
Interest on long-term debt	1,121			—			541			—			1,662
Interest on intercompany debt	32			—			17			(49		)	—
Total interest expense	1,203			—			1,275			(49		)	2,429
Depreciation expense on operating lease assets	7			—			2,242			—			2,249
Net financing (loss) revenue	(1,266		)	—			4,985			—			3,719
Cash dividends from subsidiaries
Bank subsidiaries	525			525			—			(1,050		)	—
Nonbank subsidiaries	1,123			—			—			(1,123		)	—
Other revenue
Servicing fees	1,137			—			834			(1,926		)	45
Insurance premiums and service revenue earned	—			—			940			—			940
(Loss) gain on mortgage and automotive loans, net	(9		)	—			54			—			45
Loss on extinguishment of debt	(355		)	—			(2		)	—			(357		)
Other gain on investments, net	—			—			155			—			155
Other income, net of losses	236			—			539			(461		)	314
Total other revenue	1,009			—			2,520			(2,387		)	1,142
Total net revenue	1,391			525			7,505			(4,560		)	4,861
Provision for loan losses	157			—			550			—			707
Noninterest expense
Compensation and benefits expense	571			—			842			(450		)	963
Insurance losses and loss adjustment expenses	—			—			293			—			293
Other operating expenses	1,247			—			2,195			(1,937		)	1,505
Total noninterest expense	1,818			—			3,330			(2,387		)	2,761
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	(584		)	525			3,625			(2,173		)	1,393
Income tax (benefit) expense from continuing operations	(267		)	—			763			—			496
Net (loss) income from continuing operations	(317		)	525			2,862			(2,173		)	897
Income from discontinued operations, net of tax	356			—			36			—			392
Undistributed income (loss) of subsidiaries
Bank subsidiary	581			581			—			(1,162		)	—
Nonbank subsidiaries	669			(1		)	—			(668		)	—
Net income	1,289			1,105			2,898			(4,003		)	1,289
Other comprehensive loss, net of tax	(165		)	(43		)	(172		)	215			(165		)
Comprehensive income	$	1,124		$	1,062		$	2,726		$	(3,788	)	$	1,124

Year ended December 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	$	(14	)	$	—		$	4,471	$	—		$	4,457
Interest and fees on finance receivables and loans — intercompany	37			—			82		(119		)	—
Interest on loans held-for-sale	—			—			1		—			1
Interest and dividends on available-for-sale investment securities	—			—			367		—			367
Interest on cash and cash equivalents	1			—			7		—			8
Interest-bearing cash — intercompany	—			—			6		(6		)	—
Operating leases	269			—			3,289		—			3,558
Total financing revenue and other interest income	293			—			8,223		(125		)	8,391
Interest expense
Interest on deposits	15			—			649		—			664
Interest on short-term borrowings	43			—			9		—			52
Interest on long-term debt	1,492			—			575		—			2,067
Interest on intercompany debt	88			—			37		(125		)	—
Total interest expense	1,638			—			1,270		(125		)	2,783
Depreciation expense on operating lease assets	161			—			2,072		—			2,233
Net financing (loss) revenue	(1,506		)	—			4,881		—			3,375
Cash dividends from subsidiaries
Bank subsidiaries	1,800			1,800			—		(3,600		)	—
Nonbank subsidiaries	651			—			—		(651		)	—
Other revenue
Servicing fees	1,071			—			792		(1,832		)	31
Insurance premiums and service revenue earned	—			—			979		—			979
(Loss) gain on mortgage and automotive loans, net	(5		)	—			12		—			7
Loss on extinguishment of debt	(202		)	—			—		—			(202		)
Other gain on investments, net	—			—			181		—			181
Other income, net of losses	208			—			507		(435		)	280
Total other revenue	1,072			—			2,471		(2,267		)	1,276
Total net revenue	2,017			1,800			7,352		(6,518		)	4,651
Provision for loan losses	250			—			207		—			457
Noninterest expense
Compensation and benefits expense	586			—			793		(432		)	947
Insurance losses and loss adjustment expenses	—			—			410		—			410
Other operating expenses	1,267			—			2,159		(1,835		)	1,591
Total noninterest expense	1,853			—			3,362		(2,267		)	2,948
(Loss) income from continuing operations before income tax (benefit) expense and undistributed (loss) income of subsidiaries	(86		)	1,800			3,783		(4,251		)	1,246
Income tax (benefit) expense from continuing operations	(457		)	—			778		—			321
Net income from continuing operations	371			1,800			3,005		(4,251		)	925
Income from discontinued operations, net of tax	193			—			32		—			225
Undistributed (loss) income of subsidiaries
Bank subsidiary	(680		)	(680		)	—		1,360			—
Nonbank subsidiaries	1,266			(1		)	—		(1,265		)	—
Net income	1,150			1,119			3,037		(4,156		)	1,150
Other comprehensive income, net of tax	210			188			212		(400		)	210
Comprehensive income	$	1,360		$	1,307		$	3,249	$	(4,556	)	$	1,360

Year ended December 31, 2013 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	771		$	—		$	3,758		$	—		$	4,529
Interest and fees on finance receivables and loans — intercompany	59			—			68			(127		)	—
Interest on loans held-for-sale	—			—			20			—			20
Interest and dividends on available-for-sale investment securities	—			—			325			—			325
Interest on cash and cash equivalents	3			—			7			—			10
Interest-bearing cash — intercompany	—			—			7			(7		)	—
Operating leases	500			—			2,709			—			3,209
Total financing revenue and other interest income	1,333			—			6,894			(134		)	8,093
Interest expense
Interest on deposits	25			—			629			—			654
Interest on short-term borrowings	46			—			17			—			63
Interest on long-term debt	2,039			—			568			(5		)	2,602
Interest on intercompany debt	66			—			62			(128		)	—
Total interest expense	2,176			—			1,276			(133		)	3,319
Depreciation expense on operating lease assets	369			—			1,626			—			1,995
Net financing (loss) revenue	(1,212		)	—			3,992			(1		)	2,779
Cash dividends from subsidiaries
Nonbank subsidiaries	5,732			3,659			—			(9,391		)	—
Other revenue
Servicing fees	152			—			(26		)	—			126
Servicing asset valuation and hedge activities, net	—			—			(213		)	—			(213		)
Total servicing income (loss), net	152			—			(239		)	—			(87		)
Insurance premiums and service revenue earned	—			—			1,012			—			1,012
Gain on mortgage and automotive loans, net	—			—			55			—			55
(Loss) gain on extinguishment of debt	(61		)	—			2			—			(59		)
Other gain on investments, net	—			—			180			—			180
Other income, net of losses	157			—			1,438			(1,212		)	383
Total other revenue	248			—			2,448			(1,212		)	1,484
Total net revenue	4,768			3,659			6,440			(10,604		)	4,263
Provision for loan losses	196			—			305			—			501
Noninterest expense
Compensation and benefits expense	640			—			821			(442		)	1,019
Insurance losses and loss adjustment expenses	—			—			405			—			405
Other operating expenses	501			—			2,250			(770		)	1,981
Total noninterest expense	1,141			—			3,476			(1,212		)	3,405
Income from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	3,431			3,659			2,659			(9,392		)	357
Income tax (benefit) expense from continuing operations	(969		)	—			910			—			(59		)
Net income from continuing operations	4,400			3,659			1,749			(9,392		)	416
(Loss) income from discontinued operations, net of tax	(1,321		)	(19		)	1,284			1			(55		)
Undistributed income (loss) of subsidiaries
Bank subsidiary	883			883			—			(1,766		)	—
Nonbank subsidiaries	(3,601		)	(2,393		)	—			5,994			—
Net income	361			2,130			3,033			(5,163		)	361
Other comprehensive loss, net of tax	(587		)	(812		)	(873		)	1,685			(587		)
Comprehensive (loss) income	$	(226	)	$	1,318		$	2,160		$	(3,478	)	$	(226	)

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheet

December 31, 2015 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	1,234		$	—	$	914		$	—		$	2,148
Interest-bearing	401			—		3,831			—			4,232
Interest-bearing — intercompany	—			—		850			(850		)	—
Total cash and cash equivalents	1,635			—		5,595			(850		)	6,380
Investment securities	—			—		17,157			—			17,157
Loans held-for-sale, net	—			—		105			—			105
Finance receivables and loans, net
Finance receivables and loans, net	2,636			—		108,964			—			111,600
Intercompany loans to
Bank subsidiary	600			—		—			(600		)	—
Nonbank subsidiaries	3,277			—		559			(3,836		)	—
Allowance for loan losses	(72		)	—		(982		)	—			(1,054		)
Total finance receivables and loans, net	6,441			—		108,541			(4,436		)	110,546
Investment in operating leases, net	81			—		16,190			—			16,271
Intercompany receivables from
Bank subsidiary	186			—		—			(186		)	—
Nonbank subsidiaries	259			—		282			(541		)	—
Investment in subsidiaries
Bank subsidiary	16,496			16,496		—			(32,992		)	—
Nonbank subsidiaries	10,902			11		—			(10,913		)	—
Premiums receivable and other insurance assets	—			—		1,827			(26		)	1,801
Other assets	4,785			—		4,488			(2,952		)	6,321
Total assets	$	40,785		$	16,507	$	154,185		$	(52,896	)	$	158,581
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	89		$	—		$	89
Interest-bearing	229			—		66,160			—			66,389
Total deposit liabilities	229			—		66,249			—			66,478
Short-term borrowings	3,453			—		4,648			—			8,101
Long-term debt	21,048			—		45,186			—			66,234
Intercompany debt to
Nonbank subsidiaries	1,409			—		3,877			(5,286		)	—
Intercompany payables to
Bank subsidiary	142			—		—			(142		)	—
Nonbank subsidiaries	420			—		191			(611		)	—
Interest payable	258			—		92			—			350
Unearned insurance premiums and service revenue	—			—		2,434			—			2,434
Accrued expenses and other liabilities	387			82		4,028			(2,952		)	1,545
Total liabilities	27,346			82		126,705			(8,991		)	145,142
Total equity	13,439			16,425		27,480			(43,905		)	13,439
Total liabilities and equity	$	40,785		$	16,507	$	154,185		$	(52,896	)	$	158,581

(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	4,757			—		4,814			(2,466		)	7,105
Assets of operations held-for-sale	634			—		—			—			634
Total assets	$	43,940		$	15,979	$	145,094		$	(53,382	)	$	151,631
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	64		$	—		$	64
Interest-bearing	319			—		57,820			—			58,139
Total deposit liabilities	319			—		57,884			—			58,203
Short-term borrowings	3,338			—		3,724			—			7,062
Long-term debt	21,067			—		45,313			—			66,380
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	28,541			82		117,487			(9,878		)	136,232
Total equity	15,399			15,897		27,607			(43,504		)	15,399
Total liabilities and equity	$	43,940		$	15,979	$	145,094		$	(53,382	)	$	151,631

(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

Year ended December 31, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	354		$	525		$	6,390		$	(2,174	)	$	5,095
Investing activities
Purchases of available-for-sale securities	—			—			(12,250		)	—			(12,250		)
Proceeds from sales of available-for-sale securities	—			—			6,874			—			6,874
Proceeds from maturities and repayments of available-for-sale securities	—			—			4,255			—			4,255
Net decrease (increase) in finance receivables and loans	1,785			—			(15,630		)	—			(13,845		)
Proceeds from sales of finance receivables and loans originated as held-for investment	—			—			3,197			—			3,197
Net change in loans — intercompany	240			—			1,211			(1,451		)	—
Purchases of operating lease assets	(94		)	—			(4,591		)	—			(4,685		)
Disposals of operating lease assets	7			—			5,539			—			5,546
Capital contributions to subsidiaries	(796		)	(1		)	—			797			—
Returns of contributed capital	1,444			—			—			(1,444		)	—
Proceeds from sale of business units, net	1,049			—			—			—			1,049
Net change in restricted cash	(7		)	—			271			—			264
Other, net	(47		)	—			(105		)	—			(152		)
Net cash provided by (used in) investing activities	3,581			(1		)	(11,229		)	(2,098		)	(9,747		)
Financing activities
Net change in short-term borrowings — third party	115			—			913			—			1,028
Net (decrease) increase in deposits	(91		)	—			8,338			—			8,247
Proceeds from issuance of long-term debt — third party	5,428			—			25,237			—			30,665
Repayments of long-term debt — third party	(5,931		)	—			(25,419		)	—			(31,350		)
Net change in debt — intercompany	(977		)	—			(240		)	1,217			—
Repurchase and redemption of preferred stock	(559		)	—			—			—			(559		)
Dividends paid — third party	(2,571		)	—			—			—			(2,571		)
Dividends paid and returns of contributed capital — intercompany	—			(525		)	(3,092		)	3,617			—
Capital contributions from parent	—			1			796			(797		)	—
Net cash (used in) provided by financing activities	(4,586		)	(524		)	6,533			4,037			5,460
Effect of exchange-rate changes on cash and cash equivalents	—			—			(4		)	—			(4		)
Net (decrease) increase in cash and cash equivalents	(651		)	—			1,690			(235		)	804
Cash and cash equivalents at beginning of year	2,286			—			3,905			(615		)	5,576
Cash and cash equivalents at end of year	$	1,635		$	—		$	5,595		$	(850	)	$	6,380

Year ended December 31, 2014 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	330		$	1,789		$	5,533		$	(4,249	)	$	3,403
Investing activities
Purchases of available-for-sale securities	—			—			(5,417		)	—			(5,417		)
Proceeds from sales of available-for-sale securities	—			—			4,277			(17		)	4,260
Proceeds from maturities and repayments of available-for-sale securities	—			—			2,657			—			2,657
Net decrease (increase) in finance receivables and loans	1,900			—			(6,941		)	17			(5,024		)
Proceeds from sales of finance receivables and loans originated as held-for-investment	—			—			2,592			—			2,592
Net change in loans — intercompany	1,428			—			154			(1,582		)	—
Purchases of operating lease assets	(2,337		)	—			(7,547		)	—			(9,884		)
Disposals of operating lease assets	3,053			—			2,807			—			5,860
Capital contributions to subsidiaries	(1,179		)	—			—			1,179			—
Returns of contributed capital	1,422			—			—			(1,422		)	—
Proceeds from sale of business units, net	46			—			1			—			47
Net change in restricted cash	—			—			1,625			—			1,625
Other, net	(29		)	—			101			—			72
Net cash provided by (used in) investing activities	4,304			—			(5,691		)	(1,825		)	(3,212		)
Financing activities
Net change in short-term borrowings — third party	113			—			(1,607		)	—			(1,494		)
Net (decrease) increase in deposits	(121		)	—			4,972			—			4,851
Proceeds from issuance of long-term debt — third party	3,132			—			24,060			—			27,192
Repayments of long-term debt — third party	(8,186		)	—			(22,240		)	—			(30,426		)
Net change in debt — intercompany	52			—			(1,428		)	1,376			—
Dividends paid — third party	(268		)	—			—			—			(268		)
Dividends paid and returns of contributed capital — intercompany	—			(1,826		)	(3,846		)	5,672			—
Capital contributions from parent	—			—			1,179			(1,179		)	—
Net cash (used in) provided by financing activities	(5,278		)	(1,826		)	1,090			5,869			(145		)
Effect of exchange-rate changes on cash and cash equivalents	—			—			(1		)	—			(1		)
Net (decrease) increase in cash and cash equivalents	(644		)	(37		)	931			(205		)	45
Cash and cash equivalents at beginning of year	2,930			37			2,974			(410		)	5,531
Cash and cash equivalents at end of year	$	2,286		$	—		$	3,905		$	(615	)	$	5,576

Year ended December 31, 2013 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	3,015		$	3,572		$	5,305		$	(9,391	)	$	2,501
Investing activities
Purchases of available-for-sale securities	—			—			(12,304		)	—			(12,304		)
Proceeds from sales of available-for-sale securities	—			—			3,627			—			3,627
Proceeds from maturities and repayments of available-for-sale securities	—			—			5,509			—			5,509
Net decrease (increase) in finance receivables and loans	4,898			79			(7,456		)	—			(2,479		)
Net change in loans — intercompany	301			251			(1,503		)	951			—
Purchases of operating lease assets	(1,450		)	—			(7,746		)	—			(9,196		)
Disposals of operating lease assets	130			—			2,834			—			2,964
Capital contributions to subsidiaries	(477		)	—			—			477			—
Returns of contributed capital	1,002			150			—			(1,152		)	—
Sales of mortgage servicing rights	—			—			911			—			911
Proceeds from sale of business unit, net	1,799			554			5,091			—			7,444
Net change in restricted cash	—			(26		)	(44		)	—			(70		)
Other, net	41			—			10			—			51
Net cash provided by (used in) investing activities	6,244			1,008			(11,071		)	276			(3,543		)
Financing activities
Net change in short-term borrowings — third party	131			36			1,424			—			1,591
Net (decrease) increase in deposits	(543		)	—			5,861			39			5,357
Proceeds from issuance of long-term debt — third party	3,236			—			24,094			—			27,330
Repayments of long-term debt — third party	(9,468		)	(70		)	(22,354		)	—			(31,892		)
Net change in debt — intercompany	1,803			(271		)	(624		)	(908		)	—
Proceeds from issuance of common stock	1,270			—			—			—			1,270
Repurchase of mandatorily convertible preferred stock held by U.S. Department of Treasury and elimination of share adjustment right	(5,925		)	—			—			—			(5,925		)
Dividends paid — third party	(810		)	—			—			—			(810		)
Dividends paid and returns of contributed capital — intercompany	—			(4,267		)	(6,275		)	10,542			—
Capital contributions from parent	—			29			448			(477		)	—
Net cash (used in) provided by financing activities	(10,306		)	(4,543		)	2,574			9,196			(3,079		)
Effect of exchange-rate changes on cash and cash equivalents	—			—			45			—			45
Net (decrease) increase in cash and cash equivalents	(1,047		)	37			(3,147		)	81			(4,076		)
Adjustment for change in cash and cash equivalents of operations held-for-sale	—			—			2,094			—			2,094
Cash and cash equivalents at beginning of year	3,977			—			4,027			(491		)	7,513
Cash and cash equivalents at end of year	$	2,930		$	37		$	2,974		$	(410	)	$	5,531