Finance Receivables And Loans, Net (Tables)

6 Months Ended

Jun. 30, 2016

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 reported at gross carrying value was as follows.

($ in millions)	June 30, 2016		December 31, 2015
Consumer automotive (a)	$	63,281	$	64,292
Consumer mortgage
Mortgage Finance (b)	8,009		6,413
Mortgage — Legacy (c)	3,075		3,360
Total consumer mortgage	11,084		9,773
Total consumer	74,365		74,065
Commercial
Commercial and industrial
Automotive	31,640		31,469
Other	3,037		2,640
Commercial real estate — Automotive	3,611		3,426
Total commercial	38,288		37,535
Total finance receivables and loans (d)	$	112,653	$	111,600

(a) Includes $88 million and $66 million of fair value adjustment for loans in hedge accounting relationships at June 30, 2016, and December 31, 2015, respectively. Refer to Note 20 for additional information.

(b) Includes loans originated as interest-only mortgage loans of $38 million and $44 million at June 30, 2016, and December 31, 2015, respectively, 5% of which are expected to start principal amortization in 2016, 2% in 2017, none in 2018, 38% in 2019, and 38% thereafter.

(c) Includes loans originated as interest-only mortgage loans of $830 million and $941 million at June 30, 2016, and December 31, 2015, respectively, 22% of which are expected to start principal amortization in 2016, 22% in 2017, 2% in 2018, none in 2019, and 1% thereafter.

(d) Totals include a net increase of $268 million and $110 million at June 30, 2016, and December 31, 2015, respectively, for unearned income, unamortized premiums and discounts, and deferred fees and costs.

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, 2016 ($ in millions)	Consumer automotive			Consumer mortgage			Commercial			Total
Allowance at April 1, 2016	$	850		$	115		$	112		$	1,077
Charge-offs	(227		)	(9		)	(1		)	(237		)
Recoveries	79			5			1			85
Net charge-offs	(148		)	(4		)	—			(152		)
Provision for loan losses	168			(2		)	6			172
Other (a)	(8		)	—			—			(8		)
Allowance at June 30, 2016	$	862		$	109		$	118		$	1,089

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

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

Six months ended June 30, 2016 ($ in millions)	Consumer automotive			Consumer mortgage			Commercial			Total
Allowance at January 1, 2016	$	834		$	114		$	106		$	1,054
Charge-offs	(480		)	(19		)	(1		)	(500		)
Recoveries	159			9			1			169
Net charge-offs	(321		)	(10		)	—			(331		)
Provision for loan losses	375			5			12			392
Other (a)	(26		)	—			—			(26		)
Allowance at June 30, 2016	$	862		$	109		$	118		$	1,089
Allowance for loan losses at June 30, 2016
Individually evaluated for impairment	$	26		$	37		$	23		$	86
Collectively evaluated for impairment	836			72			95			1,003
Loans acquired with deteriorated credit quality	—			—			—			—
Finance receivables and loans at gross carrying value
Ending balance	$	63,281		$	11,084		$	38,288		$	112,653
Individually evaluated for impairment	348			254			122			724
Collectively evaluated for impairment	62,933			10,830			38,166			111,929
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, 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 gross carrying value
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.

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

The following table presents the gross carrying value of significant sales of finance receivables and loans 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)	2016		2015		2016		2015
Consumer automotive	$	1,560	$	—	$	4,159	$	—
Consumer mortgage	4		4		6		73
Commercial	28		—		28		—
Total sales and transfers	$	1,592	$	4	$	4,193	$	73

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)	2016		2015		2016		2015
Consumer automotive	$	—	$	—	$	—	$	—
Consumer mortgage	1,018		1,996		2,388		2,650
Total purchases of finance receivables and loans	$	1,018	$	1,996	$	2,388	$	2,650

Past Due Financing Receivables [Table Text Block]

The following table presents an analysis of our past due finance receivables and loans recorded at gross carrying value.

($ 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, 2016
Consumer automotive	$	1,438	$	307	$	226	$	1,971	$	61,310	$	63,281
Consumer mortgage
Mortgage Finance	49		5		8		62		7,947		8,009
Mortgage — Legacy	47		12		62		121		2,954		3,075
Total consumer mortgage	96		17		70		183		10,901		11,084
Total consumer	1,534		324		296		2,154		72,211		74,365
Commercial
Commercial and industrial
Automotive	—		—		—		—		31,640		31,640
Other	—		—		—		—		3,037		3,037
Commercial real estate — Automotive	—		—		—		—		3,611		3,611
Total commercial	—		—		—		—		38,288		38,288
Total consumer and commercial	$	1,534	$	324	$	296	$	2,154	$	110,499	$	112,653
December 31, 2015
Consumer automotive	$	1,618	$	369	$	222	$	2,209	$	62,083	$	64,292
Consumer mortgage
Mortgage Finance	44		5		10		59		6,354		6,413
Mortgage — Legacy	53		20		73		146		3,214		3,360
Total consumer mortgage	97		25		83		205		9,568		9,773
Total consumer	1,715		394		305		2,414		71,651		74,065
Commercial
Commercial and industrial
Automotive	—		—		—		—		31,469		31,469
Other	—		—		—		—		2,640		2,640
Commercial real estate — Automotive	—		—		—		—		3,426		3,426
Total commercial	—		—		—		—		37,535		37,535
Total consumer and commercial	$	1,715	$	394	$	305	$	2,414	$	109,186	$	111,600

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

The following table presents the gross carrying value of our finance receivables and loans on nonaccrual status.

($ in millions)	June 30, 2016		December 31, 2015
Consumer automotive	$	505	$	475
Consumer mortgage
Mortgage Finance	12		15
Mortgage — Legacy	95		113
Total consumer mortgage	107		128
Total consumer	612		603
Commercial
Commercial and industrial
Automotive	51		25
Other	64		44
Commercial real estate — Automotive	7		8
Total commercial	122		77
Total consumer and commercial finance receivables and loans	$	734	$	680

Financing Receivable Credit Quality Indicators - Performing and Nonperforming [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 gross carrying value. 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 not expected. Refer to Note 1 to the Annual Consolidated Financial Statements for additional information.

	June 30, 2016						December 31, 2015
($ in millions)	Performing		Nonperforming		Total		Performing		Nonperforming		Total
Consumer automotive	$	62,776	$	505	$	63,281	$	63,817	$	475	$	64,292
Consumer mortgage
Mortgage Finance	7,997		12		8,009		6,398		15		6,413
Mortgage — Legacy	2,980		95		3,075		3,247		113		3,360
Total consumer mortgage	10,977		107		11,084		9,645		128		9,773
Total consumer	$	73,753	$	612	$	74,365	$	73,462	$	603	$	74,065

Schedule Of Pass And Criticized Credit Quality Indicators Of Finance Receivables [Table Text Block]

The following table presents pass and criticized credit quality indicators based on regulatory definitions for our commercial finance receivables and loans recorded at gross carrying value.

	June 30, 2016						December 31, 2015
($ in millions)	Pass		Criticized (a)		Total		Pass		Criticized (a)		Total
Commercial and industrial
Automotive	$	29,638	$	2,002	$	31,640	$	29,613	$	1,856	$	31,469
Other	2,354		683		3,037		2,122		518		2,640
Commercial real estate — Automotive	3,445		166		3,611		3,265		161		3,426
Total commercial	$	35,437	$	2,851	$	38,288	$	35,000	$	2,535	$	37,535

(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.

($ in millions)	Unpaid principal balance (a)		Gross carrying value		Impaired with no allowance		Impaired with an allowance		Allowance for impaired loans
June 30, 2016
Consumer automotive	$	378	$	348	$	121	$	227	$	26
Consumer mortgage
Mortgage Finance	8		8		3		5		—
Mortgage — Legacy	250		246		56		190		37
Total consumer mortgage	258		254		59		195		37
Total consumer	636		602		180		422		63
Commercial
Commercial and industrial
Automotive	51		51		9		42		3
Other	77		64		—		64		17
Commercial real estate — Automotive	7		7		1		6		3
Total commercial	135		122		10		112		23
Total consumer and commercial finance receivables and loans	$	771	$	724	$	190	$	534	$	86
December 31, 2015
Consumer automotive	$	315	$	315	$	—	$	315	$	22
Consumer mortgage
Mortgage Finance	9		9		5		4		1
Mortgage — Legacy	260		257		59		198		43
Total consumer mortgage	269		266		64		202		44
Total consumer	584		581		64		517		66
Commercial
Commercial and industrial
Automotive	25		25		4		21		3
Other	44		44		—		44		15
Commercial real estate — Automotive	8		8		1		7		2
Total commercial	77		77		5		72		20
Total consumer and commercial finance receivables and loans	$	661	$	658	$	69	$	589	$	86

(a) Adjusted for charge-offs.

Schedule of Average Balance And Interest Income Of Impaired Finance Receivables [Table Text Block]

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

	2016				2015
Three months ended June 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automotive	$	341	$	4	$	285	$	5
Consumer mortgage
Mortgage Finance	8		—		7		—
Mortgage — Legacy	251		3		252		2
Total consumer mortgage	259		3		259		2
Total consumer	600		7		544		7
Commercial
Commercial and industrial
Automotive	35		—		41		1
Other	65		—		31		—
Commercial real estate — Automotive	6		—		5		—
Total commercial	106		—		77		1
Total consumer and commercial finance receivables and loans	$	706	$	7	$	621	$	8

	2016				2015
Six months ended June 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automotive	$	335	$	8	$	287	$	9
Consumer mortgage
Mortgage Finance	8		—		7		—
Mortgage — Legacy	253		5		282		4
Total consumer mortgage	261		5		289		4
Total consumer	596		13		576		13
Commercial
Commercial and industrial
Automotive	32		—		38		1
Other	56		1		37		3
Commercial real estate — Automotive	7		—		5		—
Total commercial	95		1		80		4
Total consumer and commercial finance receivables and loans	$	691	$	14	$	656	$	17

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

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

	2016					2015
Three months ended June 30, ($ in millions)	Number of loans	Pre-modification gross carrying value		Post-modification gross carrying value		Number of loans	Pre-modification gross carrying value		Post-modification gross carrying value
Consumer automotive	4,767	$	79	$	68	4,096	$	64	$	54
Consumer mortgage
Mortgage Finance	2	1		1		—	—		—
Mortgage — Legacy	26	4		4		76	22		21
Total consumer mortgage	28	5		5		76	22		21
Total consumer	4,795	84		73		4,172	86		75
Commercial
Commercial and industrial
Automotive	—	—		—		—	—		—
Other	—	—		—		—	—		—
Commercial real estate — Automotive	—	—		—		—	—		—
Total commercial	—	—		—		—	—		—
Total consumer and commercial finance receivables and loans	4,795	$	84	$	73	4,172	$	86	$	75

	2016					2015
Six months ended June 30, ($ in millions)	Number of loans	Pre-modification gross carrying value		Post-modification gross carrying value		Number of loans	Pre-modification gross carrying value		Post-modification gross carrying value
Consumer automotive	10,389	$	168	$	144	8,151	$	127	$	107
Consumer mortgage
Mortgage Finance	3	2		2		2	1		1
Mortgage — Legacy	57	8		8		114	28		26
Total consumer mortgage	60	10		10		116	29		27
Total consumer	10,449	178		154		8,267	156		134
Commercial
Commercial and industrial
Automotive	—	—		—		—	—		—
Other	—	—		—		—	—		—
Commercial real estate — Automotive	—	—		—		—	—		—
Total commercial	—	—		—		—	—		—
Total consumer and commercial finance receivables and loans	10,449	$	178	$	154	8,267	$	156	$	134

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

The following tables present information about finance receivables and loans recorded at gross carrying value 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 Annual Consolidated Financial Statements for additional information) except for commercial finance receivables and loans, where redefault is defined as 90 days past due.

	2016					2015
Three months ended June 30, ($ in millions)	Number of loans	Gross carrying value		Charge-off amount		Number of loans	Gross carrying value		Charge-off amount
Consumer automotive	1,858	$	23	$	13	1,499	$	18	$	10
Consumer mortgage
Mortgage Finance	—	—		—		—	—		—
Mortgage — Legacy	2	—		—		3	—		—
Total consumer finance receivables and loans	1,860	$	23	$	13	1,502	$	18	$	10

	2016					2015
Six months ended June 30, ($ in millions)	Number of loans	Gross carrying value		Charge-off amount		Number of loans	Gross carrying value		Charge-off amount
Consumer automotive	3,658	$	46	$	25	3,080	$	37	$	21
Consumer mortgage
Mortgage Finance	—	—		—		—	—		—
Mortgage — Legacy	3	—		—		7	—		—
Total consumer finance receivables and loans	3,661	$	46	$	25	3,087	$	37	$	21