Parent And Guarantor Consolidating Financial Statements (Tables)

6 Months Ended

Jun. 30, 2016

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, 2016 ($ in millions)	Parent			Guarantors			Nonguarantors		Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(28	)	$	—		$	1,293	$	—		$	1,265
Interest and fees on finance receivables and loans — intercompany	3			—			2		(5		)	—
Interest and dividends on investment securities	—			—			99		—			99
Interest on cash and cash equivalents	1			—			3		—			4
Interest-bearing cash — intercompany	—			—			2		(2		)	—
Operating leases	5			—			696		—			701
Total financing revenue and other interest income	(19		)	—			2,095		(7		)	2,069
Interest expense
Interest on deposits	2			—			201		—			203
Interest on short-term borrowings	10			—			2		—			12
Interest on long-term debt	290			—			146		—			436
Interest on intercompany debt	4			—			3		(7		)	—
Total interest expense	306			—			352		(7		)	651
Depreciation expense on operating lease assets	3			—			431		—			434
Net financing (loss) revenue	(328		)	—			1,312		—			984
Cash dividends from subsidiaries
Nonbank subsidiaries	148			—			—		(148		)	—
Other revenue
Insurance premiums and service revenue earned	—			—			236		—			236
(Loss) gain on mortgage and automotive loans, net	(2		)	—			5		—			3
Other gain on investments, net	—			—			39		—			39
Other income, net of losses	317			—			214		(435		)	96
Total other revenue	315			—			494		(435		)	374
Total net revenue	135			—			1,806		(583		)	1,358
Provision for loan losses	88			—			84		—			172
Noninterest expense
Compensation and benefits expense	139			—			103		—			242
Insurance losses and loss adjustment expenses	—			—			145		—			145
Other operating expenses	317			—			502		(433		)	386
Total noninterest expense	456			—			750		(433		)	773
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	(409		)	—			972		(150		)	413
Income tax (benefit) expense from continuing operations	(65		)	(82		)	203		—			56
Net (loss) income from continuing operations	(344		)	82			769		(150		)	357
Income from discontinued operations, net of tax	3			—			—		—			3
Undistributed income (loss) of subsidiaries
Bank subsidiary	336			336			—		(672		)	—
Nonbank subsidiaries	365			(2		)	—		(363		)	—
Net income	360			416			769		(1,185		)	360
Other comprehensive income, net of tax	120			62			91		(153		)	120
Comprehensive income	$	480		$	478		$	860	$	(1,338	)	$	480

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 investment securities	—			—			93			—			93
Interest on 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
Cash dividends from subsidiaries
Bank subsidiaries	400			400			—			(800		)	—
Nonbank subsidiaries	248			—			—			(248		)	—
Other revenue
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	327			—			334			(577		)	84
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, net of tax	(148		)	(67		)	(166		)	233			(148		)
Comprehensive income	$	34		$	201		$	509		$	(710	)	$	34

Six months ended June 30, 2016 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(66	)	$	—		$	2,566		$	—		$	2,500
Interest and fees on finance receivables and loans — intercompany	6			—			4			(10		)	—
Interest and dividends on investment securities	—			—			201			—			201
Interest on cash and cash equivalents	2			—			5			—			7
Interest-bearing cash — intercompany	—			—			5			(5		)	—
Operating leases	10			—			1,460			—			1,470
Total financing revenue and other interest income	(48		)	—			4,241			(15		)	4,178
Interest expense
Interest on deposits	4			—			392			—			396
Interest on short-term borrowings	20			—			5			—			25
Interest on long-term debt	578			—			300			—			878
Interest on intercompany debt	9			—			6			(15		)	—
Total interest expense	611			—			703			(15		)	1,299
Depreciation expense on operating lease assets	7			—			937			—			944
Net financing (loss) revenue	(666		)	—			2,601			—			1,935
Cash dividends from subsidiaries
Nonbank subsidiaries	629			—			—			(629		)	—
Other revenue
Insurance premiums and service revenue earned	—			—			466			—			466
(Loss) gain on mortgage and automotive loans, net	(5		)	—			9			—			4
Loss on extinguishment of debt	(2		)	—			(2		)	—			(4		)
Other gain on investments, net	—			—			93			—			93
Other income, net of losses	690			—			430			(929		)	191
Total other revenue	683			—			996			(929		)	750
Total net revenue	646			—			3,597			(1,558		)	2,685
Provision for loan losses	148			—			244			—			392
Noninterest expense
Compensation and benefits expense	286			—			208			—			494
Insurance losses and loss adjustment expenses	—			—			218			—			218
Other operating expenses	656			—			1,044			(929		)	771
Total noninterest expense	942			—			1,470			(929		)	1,483
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	(444		)	—			1,883			(629		)	810
Income tax (benefit) expense from continuing operations	(108		)	(82		)	396			—			206
Net (loss) income from continuing operations	(336		)	82			1,487			(629		)	604
Income (loss) from discontinued operations, net of tax	9			—			(3		)	—			6
Undistributed income (loss) of subsidiaries
Bank subsidiary	607			607			—			(1,214		)	—
Nonbank subsidiaries	330			(2		)	—			(328		)	—
Net income	610			687			1,484			(2,171		)	610
Other comprehensive income, net of tax	266			145			243			(388		)	266
Comprehensive income	$	876		$	832		$	1,727		$	(2,559	)	$	876

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 investment securities	—			—			181			—			181
Interest on 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
Cash dividends from subsidiaries
Bank subsidiaries	525			525			—			(1,050		)	—
Nonbank subsidiaries	486			—			—			(486		)	—
Other revenue
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	678			—			690			(1,177		)	191
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, net of tax	(117		)	(25		)	(119		)	144			(117		)
Comprehensive income	$	641		$	548		$	1,358		$	(1,906	)	$	641

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheet

June 30, 2016 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	796		$	—	$	994		$	—		$	1,790
Interest-bearing	700			—		3,241			—			3,941
Interest-bearing — intercompany	—			—		839			(839		)	—
Total cash and cash equivalents	1,496			—		5,074			(839		)	5,731
Available-for-sale securities	—			—		18,197			—			18,197
Held-to-maturity securities	—			—		571			—			571
Loans held-for-sale, net	—			—		15			—			15
Finance receivables and loans, net
Finance receivables and loans, net	3,162			—		109,491			—			112,653
Intercompany loans to
Bank subsidiary	1,400			—		—			(1,400		)	—
Nonbank subsidiaries	2,319			—		561			(2,880		)	—
Allowance for loan losses	(76		)	—		(1,013		)	—			(1,089		)
Total finance receivables and loans, net	6,805			—		109,039			(4,280		)	111,564
Investment in operating leases, net	59			—		13,696			—			13,755
Intercompany receivables from
Bank subsidiary	293			—		—			(293		)	—
Nonbank subsidiaries	91			—		124			(215		)	—
Investment in subsidiaries
Bank subsidiary	17,257			17,257		—			(34,514		)	—
Nonbank subsidiaries	10,837			1		—			(10,838		)	—
Premiums receivable and other insurance assets	—			—		1,868			(24		)	1,844
Other assets	4,537			—		4,612			(2,895		)	6,254
Total assets	$	41,375		$	17,258	$	153,196		$	(53,898	)	$	157,931
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	94		$	—		$	94
Interest-bearing	200			—		72,508			—			72,708
Total deposit liabilities	200			—		72,602			—			72,802
Short-term borrowings	3,576			—		2,418			—			5,994
Long-term debt	21,625			—		39,415			—			61,040
Intercompany debt to
Nonbank subsidiaries	1,400			—		3,719			(5,119		)	—
Intercompany payables to
Bank subsidiary	203			—		—			(203		)	—
Nonbank subsidiaries	164			—		165			(329		)	—
Interest payable	251			—		176			—			427
Unearned insurance premiums and service revenue	—			—		2,465			—			2,465
Accrued expenses and other liabilities	345			—		4,142			(2,895		)	1,592
Total liabilities	27,764			—		125,102			(8,546		)	144,320
Total equity	13,611			17,258		28,094			(45,352		)	13,611
Total liabilities and equity	$	41,375		$	17,258	$	153,196		$	(53,898	)	$	157,931

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

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
Available-for-sale 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.

Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Statement of Cash Flows

Six months ended June 30, 2016 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	132		$	—		$	2,919		$	(629	)	$	2,422
Investing activities
Purchases of available-for-sale securities	—			—			(8,657		)	—			(8,657		)
Proceeds from sales of available-for-sale securities	—			—			6,584			—			6,584
Proceeds from maturities and repayments of available-for-sale securities	—			—			1,536			—			1,536
Purchases of held-to-maturity securities	—			—			(571		)	—			(571		)
Net increase in finance receivables and loans	(834		)	—			(4,819		)	—			(5,653		)
Proceeds from sales of finance receivables and loans originated as held-for-investment	—			—			4,156			—			4,156
Net change in loans — intercompany	61			—			(2		)	(59		)	—
Purchases of operating lease assets	—			—			(1,472		)	—			(1,472		)
Disposals of operating lease assets	9			—			3,038			—			3,047
Acquisitions of subsidiaries, net of cash acquired	(288		)	—			—			—			(288		)
Capital contributions to subsidiaries	(988		)	—			—			988			—
Returns of contributed capital	1,971			8			—			(1,979		)	—
Net change in restricted cash	1			—			481			—			482
Net change in nonmarketable equity investments	—			—			(354		)	—			(354		)
Other, net	(82		)	—			13			—			(69		)
Net cash (used in) provided by investing activities	(150		)	8			(67		)	(1,050		)	(1,259		)
Financing activities
Net change in short-term borrowings — third party	123			—			(2,235		)	—			(2,112		)
Net (decrease) increase in deposits	(29		)	—			6,337			—			6,308
Proceeds from issuance of long-term debt — third party	1,115			—			7,905			—			9,020
Repayments of long-term debt — third party	(596		)	—			(13,709		)	—			(14,305		)
Net change in debt — intercompany	(8		)	—			(62		)	70			—
Redemption of preferred stock	(696		)	—			—			—			(696		)
Dividends paid — third party	(30		)	—			—			—			(30		)
Dividends paid and returns of contributed capital — intercompany	—			(8		)	(2,600		)	2,608			—
Capital contributions from parent	—			—			988			(988		)	—
Net cash used in financing activities	(121		)	(8		)	(3,376		)	1,690			(1,815		)
Effect of exchange-rate changes on cash and cash equivalents	—			—			3			—			3
Net decrease in cash and cash equivalents	(139		)	—			(521		)	11			(649		)
Cash and cash equivalents at beginning of year	1,635			—			5,595			(850		)	6,380
Cash and cash equivalents at June 30,	$	1,496		$	—		$	5,074		$	(839	)	$	5,731

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 investment 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 originated as held-for-investment	—			—			1,582			—			1,582
Net change in loans — intercompany	2,598			—			1,259			(3,857		)	—
Purchases of operating lease assets	—			—			(2,348		)	—			(2,348		)
Disposals of operating lease assets	—			—			2,709			—			2,709
Capital contributions to subsidiaries	(169		)	(1		)	1			169			—
Returns of contributed capital	602			—			—			(602		)	—
Proceeds from sale of business unit, net	1,049			—			—			—			1,049
Net change in restricted cash	—			—			449			—			449
Net change in nonmarketable equity investments	—			—			88			—			88
Other, net	(10		)	—			(132		)	—			(142		)
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		)	—			3,785			—			3,713
Proceeds from issuance of long-term debt — third party	3,780			—			14,038			—			17,818
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