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Finance Receivables and Loans, Net (Tables)
 12 Months Ended
Dec. 31, 2016
Concentration Risk [Line Items]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Finance Receivables and Loans, Net
The composition of finance receivables and loans reported at gross carrying value was as follows.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive (a)
 
$
65,793

 
$
64,292

Consumer mortgage
 
 
 
 
Mortgage Finance (b)
 
8,294

 
6,413

Mortgage — Legacy (c)
 
2,756

 
3,360

Total consumer mortgage
 
11,050

 
9,773

Total consumer
 
76,843

 
74,065

Commercial
 
 
 
 
Commercial and industrial
 
 
 
 
Automotive
 
35,041

 
31,469

Other
 
3,248

 
2,640

Commercial real estate — Automotive
 
3,812

 
3,426

Total commercial
 
42,101

 
37,535

Total finance receivables and loans (d)
 
$
118,944

 
$
111,600

(a)
Includes $43 million and $66 million of fair value adjustment for loans in hedge accounting relationships at December 31, 2016, and December 31, 2015, respectively. Refer to Note 22 to the Consolidated Financial Statements for additional information.
(b)
Includes loans originated as interest-only mortgage loans of $30 million and $44 million at December 31, 2016, and December 31, 2015, respectively, 3% of which are expected to start principal amortization in 2017, none in 2018, 38% in 2019, 39% in 2020, and none thereafter.
(c)
Includes loans originated as interest-only mortgage loans of $714 million and $941 million at December 31, 2016, and December 31, 2015, respectively, 23% of which are expected to start principal amortization in 2017, 2% in 2018, none in 2019, none in 2020, and 1% thereafter.
(d)
Totals include net increases of $359 million and $110 million at December 31, 2016, and December 31, 2015, respectively, for unearned income, unamortized premiums and discounts, and deferred fees and costs.
The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans.
($ in millions)

Consumer automotive

Consumer mortgage

Commercial

Total
Allowance at January 1, 2016

$
834


$
114


$
106


$
1,054

Charge-offs (a)

(1,102
)

(39
)

(1
)

(1,142
)
Recoveries

307


32


2


341

Net charge-offs

(795
)

(7
)

1


(801
)
Provision for loan losses

919


(16
)

14


917

Other (b)

(26
)

—


—


(26
)
Allowance at December 31, 2016

$
932

 
$
91

 
$
121


$
1,144

Allowance for loan losses at December 31, 2016








Individually evaluated for impairment

$
28


$
34


$
23


$
85

Collectively evaluated for impairment

904


57


98


1,059

Loans acquired with deteriorated credit quality

—


—


—


—

Finance receivables and loans at gross carrying value

 
 
 
 
 
 
 
Ending balance

$
65,793


$
11,050


$
42,101


$
118,944

Individually evaluated for impairment

370


247


122


739

Collectively evaluated for impairment

65,423


10,803


41,979


118,205

Loans acquired with deteriorated credit quality

—


—


—


—

(a)
Represents the amount of the gross carrying value directly written-off. For consumer and commercial loans, the loss from a charge-off is measured as the difference between the gross carrying value of a loan and the fair value of the collateral, less costs to sell. Refer to Note 1 to the Consolidated Financial Statements for more information regarding our charge-off policies.
(b)
Primarily related to the transfer of finance receivables and loans from held-for-investment to held-for-sale.
($ in millions)
 
Consumer automotive
 
Consumer mortgage
 
Commercial
 
Total
Allowance at January 1, 2015
 
$
685

 
$
152

 
$
140

 
$
977

Charge-offs (a)
 
(840
)
 
(48
)
 
(4
)
 
(892
)
Recoveries
 
262

 
17

 
4

 
283

Net charge-offs
 
(578
)
 
(31
)
 
—

 
(609
)
Provision for loan losses
 
739

 
1

 
(33
)
 
707

Other (b)
 
(12
)
 
(8
)
 
(1
)
 
(21
)
Allowance at December 31, 2015
 
$
834

 
$
114

 
$
106

 
$
1,054

Allowance for loan losses at December 31, 2015








Individually evaluated for impairment

$
22


$
44


$
20


$
86

Collectively evaluated for impairment

812


70


86


968

Loans acquired with deteriorated credit quality

—


—


—


—

Finance receivables and loans at gross carrying value

 
 
 
 
 



Ending balance

$
64,292


$
9,773


$
37,535


$
111,600

Individually evaluated for impairment

315


266


77


658

Collectively evaluated for impairment

63,977


9,507


37,458


110,942

Loans acquired with deteriorated credit quality

—


—


—


—

(a)
Represents the amount of the gross carrying value directly written-off. For consumer and commercial loans, the loss from a charge-off is measured as the difference between the gross carrying value of a loan and the fair value of the collateral, less costs to sell. Refer to Note 1 to the Consolidated Financial Statements for more information regarding our charge-off policies.
(b)
Primarily related to the transfer of finance receivables and loans from held-for-investment to held-for-sale.
The following table presents information about significant sales of finance receivables and loans and transfers of finance receivables and loans from held-for-investment to held-for-sale.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive
 
$
4,267

 
$
1,237

Consumer mortgage
 
15

 
78

Commercial
 
29

 
2

Total sales and transfers
 
$
4,311

 
$
1,317


The following table presents information about significant purchases of finance receivables and loans.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive
 
$
21

 
$
272

Consumer mortgage
 
3,747

 
4,125

Total purchases of finance receivables and loans
 
$
3,768

 
$
4,397


The following table presents an analysis of our past due finance receivables and loans recorded at gross carrying value.
December 31, ($ 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
2016
 
 
 
 
 
 
 
 
 
 
 
 
Consumer automotive
 
$
1,850

 
$
428

 
$
302

 
$
2,580

 
$
63,213

 
$
65,793

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
39

 
6

 
4

 
49

 
8,245

 
8,294

Mortgage — Legacy
 
45

 
18

 
57

 
120

 
2,636

 
2,756

Total consumer mortgage
 
84

 
24

 
61

 
169

 
10,881

 
11,050

Total consumer
 
1,934

 
452

 
363

 
2,749

 
74,094

 
76,843

Commercial
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
3

 
—

 
7

 
10

 
35,031

 
35,041

Other
 
—

 
—

 
—

 
—

 
3,248

 
3,248

Commercial real estate — Automotive
 
—

 
—

 
—

 
—

 
3,812

 
3,812

Total commercial
 
3


—


7


10


42,091


42,101

Total consumer and commercial
 
$
1,937


$
452


$
370


$
2,759


$
116,185


$
118,944

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


The following table presents the gross carrying value of our finance receivables and loans on nonaccrual status.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive
 
$
598

 
$
475

Consumer mortgage
 
 
 
 
Mortgage Finance
 
10

 
15

Mortgage — Legacy
 
89

 
113

Total consumer mortgage
 
99

 
128

Total consumer
 
697

 
603

Commercial
 
 
 
 
Commercial and industrial
 
 
 
 
Automotive
 
33

 
25

Other
 
84

 
44

Commercial real estate — Automotive
 
5

 
8

Total commercial
 
122

 
77

Total consumer and commercial finance receivables and loans
 
$
819


$
680


Management performs a quarterly analysis of the consumer automotive, consumer mortgage, and commercial portfolios using a range of credit quality indicators to assess the adequacy of the allowance for loan losses based on historical and current trends. The following tables present the population of loans by quality indicators for our consumer automotive, consumer mortgage, and commercial portfolios.
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 Consolidated Financial Statements for additional information.
 
 
2016
 
2015
December 31, ($ in millions)
 
Performing
 
Nonperforming
 
Total
 
Performing
 
Nonperforming
 
Total
Consumer automotive
 
$
65,195

 
$
598

 
$
65,793

 
$
63,817

 
$
475

 
$
64,292

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
8,284

 
10

 
8,294

 
6,398

 
15

 
6,413

Mortgage — Legacy
 
2,667

 
89

 
2,756

 
3,247

 
113

 
3,360

Total consumer mortgage
 
10,951

 
99

 
11,050

 
9,645

 
128

 
9,773

Total consumer
 
$
76,146

 
$
697

 
$
76,843

 
$
73,462

 
$
603

 
$
74,065


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.
 
 
2016
 
2015
December 31, ($ in millions)
 
Pass
 
Criticized (a)
 
Total
 
Pass
 
Criticized (a)
 
Total
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
$
33,160

 
$
1,881

 
$
35,041

 
$
29,613

 
$
1,856

 
$
31,469

Other
 
2,597

 
651

 
3,248

 
2,122

 
518

 
2,640

Commercial real estate — Automotive
 
3,653

 
159

 
3,812

 
3,265

 
161

 
3,426

Total commercial
 
$
39,410

 
$
2,691

 
$
42,101


$
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 Loans and Troubled Debt Restructurings
Impaired Loans
Loans are considered impaired when we determine it is probable that we will be unable to collect all amounts due according to the terms of the loan agreement. For more information on our impaired finance receivables and loans, refer to Note 1 to the Consolidated Financial Statements.
The following table presents information about our impaired finance receivables and loans.
December 31, ($ in millions)
 
Unpaid principal balance (a)
 
Gross carrying value
 
Impaired with no allowance
 
Impaired with an allowance
 
Allowance for impaired loans
2016
 
 
 
 
 
 
 
 
 
 
Consumer automotive
 
$
407

 
$
370

 
$
131

 
$
239

 
$
28

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
8

 
8

 
3

 
5

 
—

Mortgage — Legacy
 
243

 
239

 
56

 
183

 
34

Total consumer mortgage
 
251

 
247

 
59

 
188

 
34

Total consumer
 
658

 
617

 
190

 
427

 
62

Commercial
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
Automotive
 
33

 
33

 
7

 
26

 
3

Other
 
99

 
84

 
—

 
84

 
19

Commercial real estate — Automotive
 
5

 
5

 
2

 
3

 
1

Total commercial
 
137

 
122

 
9

 
113

 
23

Total consumer and commercial finance receivables and loans
 
$
795


$
739


$
199


$
540


$
85

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.
The following table presents average balance and interest income for our impaired finance receivables and loans.
 
 
2016
 
2015
 
2014
Year ended December 31, ($ in millions)
 
Average balance
 
Interest income
 
Average balance
 
Interest income
 
Average balance
 
Interest income
Consumer automotive
 
$
344

 
$
17

 
$
295

 
$
16

 
$
317

 
$
20

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
8

 
—

 
8

 
—

 
12

 
—

Mortgage — Legacy
 
248

 
9

 
272

 
9

 
861

 
12

Total consumer mortgage
 
256

 
9

 
280

 
9

 
873

 
12

Total consumer
 
600

 
26

 
575

 
25

 
1,190

 
32

Commercial
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
35

 
1

 
33

 
1

 
61

 
2

Other
 
60

 
1

 
41

 
3

 
59

 
3

Commercial real estate — Automotive
 
6

 
—

 
5

 
—

 
6

 
—

Total commercial
 
101

 
2

 
79

 
4

 
126

 
5

Total consumer and commercial finance receivables and loans
 
$
701


$
28


$
654


$
29

 
$
1,316

 
$
37


Troubled Debt Restructurings
TDRs are loan modifications where concessions were granted to borrowers experiencing financial difficulties. For automotive loans, we may offer several types of assistance to aid our customers, including extension of the loan maturity date and rewriting the loan terms. Additionally, for mortgage loans, as part of certain programs, we offer mortgage loan modifications to qualified borrowers. Numerous initiatives are in place to provide support to our mortgage customers in financial distress, including principal forgiveness, maturity extensions, delinquent interest capitalization, and changes to contractual interest rates. Total TDRs recorded at gross carrying value were $663 million and $625 million at December 31, 2016, and December 31, 2015, respectively. Commercial commitments to lend additional funds to borrowers whose terms had been modified in a TDR were $2 million at both December 31, 2016, and December 31, 2015. Refer to Note 1 to the Consolidated Financial Statements for additional information.
The following table presents information related to finance receivables and loans recorded at gross carrying value modified in connection with a TDR during the period.
 
 
2016
 
2015
Year ended December 31, ($ 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
 
20,227

 
$
347

 
$
293

 
17,222

 
$
278

 
$
237

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
7

 
3

 
3

 
7

 
4

 
4

Mortgage — Legacy
 
120

 
18

 
18

 
197

 
42

 
40

Total consumer mortgage
 
127

 
21

 
21

 
204

 
46

 
44

Total consumer
 
20,354

 
368

 
314

 
17,426

 
324

 
281

Commercial
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
1

 
7

 
7

 
—

 
—

 
—

Other
 
—

 
—

 
—

 
1

 
21

 
21

Commercial real estate — Automotive
 
—

 
—

 
—

 
1

 
3

 
3

Total commercial
 
1

 
7

 
7

 
2

 
24

 
24

Total consumer and commercial finance receivables and loans
 
20,355

 
$
375

 
$
321

 
17,428

 
$
348

 
$
305


The following table presents 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 Consolidated Financial Statements for additional information) except for commercial finance receivables and loans, where redefault is defined as 90 days past due.
 
 
2016
 
2015
Year ended December 31, ($ in millions)
 
Number of loans
 
Gross carrying value
 
Charge-off amount
 
Number of loans
 
Gross carrying value
 
Charge-off amount
Consumer automotive
 
7,800

 
$
94

 
$
56

 
6,836

 
$
82

 
$
47

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
—

 
—

 
—

 
—

 
—

 
—

Mortgage — Legacy
 
4

 
—

 
—

 
10

 
1

 
—

Total consumer finance receivables and loans
 
7,804

 
$
94

 
$
56

 
6,846

 
$
83

 
$
47


Concentration Risk
Consumer
We monitor our consumer loan portfolio for concentration risk across the states in which we lend. The highest concentrations of loans are in Texas and California, which represent an aggregate of 24.2% and 23.5% of our total outstanding consumer finance receivables and loans at December 31, 2016, and December 31, 2015, respectively.
The following table shows the percentage of total consumer finance receivables and loans recorded at gross carrying value by state concentration.
 
2016 (a)
 
2015
December 31,
Consumer automotive
 
Consumer mortgage
 
Consumer automotive
 
Consumer mortgage
Texas
13.6
%
 
6.6
%
 
13.7
%
 
6.2
%
California
7.8

 
34.2

 
7.3

 
33.6

Florida
8.2

 
4.4

 
7.7

 
4.1

Pennsylvania
4.7

 
1.5

 
5.0

 
1.5

Illinois
4.3

 
3.4

 
4.4

 
4.1

Georgia
4.3

 
2.2

 
4.4

 
2.2

North Carolina
3.6

 
1.6

 
3.6

 
1.8

Ohio
3.5

 
0.5

 
3.7

 
0.6

New York
3.2

 
1.9

 
3.5

 
1.9

Michigan
2.7

 
1.9

 
3.1

 
2.4

Other United States
44.1

 
41.8

 
43.6

 
41.6

Total consumer loans
100.0
%
 
100.0
%
 
100.0
%
 
100.0
%
(a)
Presentation is in descending order as a percentage of total consumer finance receivables and loans at December 31, 2016.
Commercial Real Estate
The commercial real estate portfolio consists of loans issued primarily to automotive dealers. The following table shows the percentage of total commercial real estate finance receivables and loans reported at gross carrying value by state concentration.
December 31,
2016
 
2015
Texas
16.1
%
 
17.7
%
Florida
10.2

 
10.0

California
7.9

 
8.7

Michigan
7.6

 
8.9

New Jersey
4.2

 
2.1

Georgia
3.6

 
3.6

North Carolina
3.6

 
3.8

Pennsylvania
3.1

 
3.4

South Carolina
2.7

 
2.2

New York
2.6

 
3.1

Other United States
38.4

 
36.5

Total commercial real estate finance receivables and loans
100.0
%
 
100.0
%

Commercial Criticized Exposure
Finance receivables and loans classified as special mention, substandard, or doubtful are reported as criticized. These classifications are based on regulatory definitions and generally represent finance receivables and loans within our portfolio that have a higher default risk or have already defaulted. These finance receivables and loans require additional monitoring and review including specific actions to mitigate our potential loss.
The following table presents the percentage of total commercial criticized finance receivables and loans reported at gross carrying value by industry concentrations.
December 31,
2016
 
2015
Automotive
81.2
%
 
80.5
%
Services
6.3

 
5.3

Electronics
4.2

 
3.3

Other
8.3

 
10.9

Total commercial criticized finance receivables and loans
100.0
%
 
100.0
%
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.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive (a)
 
$
65,793

 
$
64,292

Consumer mortgage
 
 
 
 
Mortgage Finance (b)
 
8,294

 
6,413

Mortgage — Legacy (c)
 
2,756

 
3,360

Total consumer mortgage
 
11,050

 
9,773

Total consumer
 
76,843

 
74,065

Commercial
 
 
 
 
Commercial and industrial
 
 
 
 
Automotive
 
35,041

 
31,469

Other
 
3,248

 
2,640

Commercial real estate — Automotive
 
3,812

 
3,426

Total commercial
 
42,101

 
37,535

Total finance receivables and loans (d)
 
$
118,944

 
$
111,600

(a)
Includes $43 million and $66 million of fair value adjustment for loans in hedge accounting relationships at December 31, 2016, and December 31, 2015, respectively. Refer to Note 22 to the Consolidated Financial Statements for additional information.
(b)
Includes loans originated as interest-only mortgage loans of $30 million and $44 million at December 31, 2016, and December 31, 2015, respectively, 3% of which are expected to start principal amortization in 2017, none in 2018, 38% in 2019, 39% in 2020, and none thereafter.
(c)
Includes loans originated as interest-only mortgage loans of $714 million and $941 million at December 31, 2016, and December 31, 2015, respectively, 23% of which are expected to start principal amortization in 2017, 2% in 2018, none in 2019, none in 2020, and 1% thereafter.
(d)
Totals include net increases of $359 million and $110 million at December 31, 2016, and December 31, 2015, respectively, for unearned income, unamortized premiums and discounts, and deferred fees and costs.
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans.
($ in millions)

Consumer automotive

Consumer mortgage

Commercial

Total
Allowance at January 1, 2016

$
834


$
114


$
106


$
1,054

Charge-offs (a)

(1,102
)

(39
)

(1
)

(1,142
)
Recoveries

307


32


2


341

Net charge-offs

(795
)

(7
)

1


(801
)
Provision for loan losses

919


(16
)

14


917

Other (b)

(26
)

—


—


(26
)
Allowance at December 31, 2016

$
932

 
$
91

 
$
121


$
1,144

Allowance for loan losses at December 31, 2016








Individually evaluated for impairment

$
28


$
34


$
23


$
85

Collectively evaluated for impairment

904


57


98


1,059

Loans acquired with deteriorated credit quality

—


—


—


—

Finance receivables and loans at gross carrying value

 
 
 
 
 
 
 
Ending balance

$
65,793


$
11,050


$
42,101


$
118,944

Individually evaluated for impairment

370


247


122


739

Collectively evaluated for impairment

65,423


10,803


41,979


118,205

Loans acquired with deteriorated credit quality

—


—


—


—

(a)
Represents the amount of the gross carrying value directly written-off. For consumer and commercial loans, the loss from a charge-off is measured as the difference between the gross carrying value of a loan and the fair value of the collateral, less costs to sell. Refer to Note 1 to the Consolidated Financial Statements for more information regarding our charge-off policies.
(b)
Primarily related to the transfer of finance receivables and loans from held-for-investment to held-for-sale.
($ in millions)
 
Consumer automotive
 
Consumer mortgage
 
Commercial
 
Total
Allowance at January 1, 2015
 
$
685

 
$
152

 
$
140

 
$
977

Charge-offs (a)
 
(840
)
 
(48
)
 
(4
)
 
(892
)
Recoveries
 
262

 
17

 
4

 
283

Net charge-offs
 
(578
)
 
(31
)
 
—

 
(609
)
Provision for loan losses
 
739

 
1

 
(33
)
 
707

Other (b)
 
(12
)
 
(8
)
 
(1
)
 
(21
)
Allowance at December 31, 2015
 
$
834

 
$
114

 
$
106

 
$
1,054

Allowance for loan losses at December 31, 2015








Individually evaluated for impairment

$
22


$
44


$
20


$
86

Collectively evaluated for impairment

812


70


86


968

Loans acquired with deteriorated credit quality

—


—


—


—

Finance receivables and loans at gross carrying value

 
 
 
 
 



Ending balance

$
64,292


$
9,773


$
37,535


$
111,600

Individually evaluated for impairment

315


266


77


658

Collectively evaluated for impairment

63,977


9,507


37,458


110,942

Loans acquired with deteriorated credit quality

—


—


—


—

(a)
Represents the amount of the gross carrying value directly written-off. For consumer and commercial loans, the loss from a charge-off is measured as the difference between the gross carrying value of a loan and the fair value of the collateral, less costs to sell. Refer to Note 1 to the Consolidated Financial Statements for more information regarding our charge-off policies.
(b)
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 and transfers of finance receivables and loans from held-for-investment to held-for-sale.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive
 
$
4,267

 
$
1,237

Consumer mortgage
 
15

 
78

Commercial
 
29

 
2

Total sales and transfers
 
$
4,311

 
$
1,317
Schedule of Purchases of Financing Receivables and Loans [Table Text Block]

The following table presents information about significant purchases of finance receivables and loans.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive
 
$
21

 
$
272

Consumer mortgage
 
3,747

 
4,125

Total purchases of finance receivables and loans
 
$
3,768

 
$
4,397
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.
December 31, ($ 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
2016
 
 
 
 
 
 
 
 
 
 
 
 
Consumer automotive
 
$
1,850

 
$
428

 
$
302

 
$
2,580

 
$
63,213

 
$
65,793

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
39

 
6

 
4

 
49

 
8,245

 
8,294

Mortgage — Legacy
 
45

 
18

 
57

 
120

 
2,636

 
2,756

Total consumer mortgage
 
84

 
24

 
61

 
169

 
10,881

 
11,050

Total consumer
 
1,934

 
452

 
363

 
2,749

 
74,094

 
76,843

Commercial
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
3

 
—

 
7

 
10

 
35,031

 
35,041

Other
 
—

 
—

 
—

 
—

 
3,248

 
3,248

Commercial real estate — Automotive
 
—

 
—

 
—

 
—

 
3,812

 
3,812

Total commercial
 
3


—


7


10


42,091


42,101

Total consumer and commercial
 
$
1,937


$
452


$
370


$
2,759


$
116,185


$
118,944

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.
December 31, ($ in millions)
 
2016
 
2015
Consumer automotive
 
$
598

 
$
475

Consumer mortgage
 
 
 
 
Mortgage Finance
 
10

 
15

Mortgage — Legacy
 
89

 
113

Total consumer mortgage
 
99

 
128

Total consumer
 
697

 
603

Commercial
 
 
 
 
Commercial and industrial
 
 
 
 
Automotive
 
33

 
25

Other
 
84

 
44

Commercial real estate — Automotive
 
5

 
8

Total commercial
 
122

 
77

Total consumer and commercial finance receivables and loans
 
$
819


$
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 Consolidated Financial Statements for additional information.
 
 
2016
 
2015
December 31, ($ in millions)
 
Performing
 
Nonperforming
 
Total
 
Performing
 
Nonperforming
 
Total
Consumer automotive
 
$
65,195

 
$
598

 
$
65,793

 
$
63,817

 
$
475

 
$
64,292

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
8,284

 
10

 
8,294

 
6,398

 
15

 
6,413

Mortgage — Legacy
 
2,667

 
89

 
2,756

 
3,247

 
113

 
3,360

Total consumer mortgage
 
10,951

 
99

 
11,050

 
9,645

 
128

 
9,773

Total consumer
 
$
76,146

 
$
697

 
$
76,843

 
$
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.
 
 
2016
 
2015
December 31, ($ in millions)
 
Pass
 
Criticized (a)
 
Total
 
Pass
 
Criticized (a)
 
Total
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
$
33,160

 
$
1,881

 
$
35,041

 
$
29,613

 
$
1,856

 
$
31,469

Other
 
2,597

 
651

 
3,248

 
2,122

 
518

 
2,640

Commercial real estate — Automotive
 
3,653

 
159

 
3,812

 
3,265

 
161

 
3,426

Total commercial
 
$
39,410

 
$
2,691

 
$
42,101


$
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.
December 31, ($ in millions)
 
Unpaid principal balance (a)
 
Gross carrying value
 
Impaired with no allowance
 
Impaired with an allowance
 
Allowance for impaired loans
2016
 
 
 
 
 
 
 
 
 
 
Consumer automotive
 
$
407

 
$
370

 
$
131

 
$
239

 
$
28

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
8

 
8

 
3

 
5

 
—

Mortgage — Legacy
 
243

 
239

 
56

 
183

 
34

Total consumer mortgage
 
251

 
247

 
59

 
188

 
34

Total consumer
 
658

 
617

 
190

 
427

 
62

Commercial
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
Automotive
 
33

 
33

 
7

 
26

 
3

Other
 
99

 
84

 
—

 
84

 
19

Commercial real estate — Automotive
 
5

 
5

 
2

 
3

 
1

Total commercial
 
137

 
122

 
9

 
113

 
23

Total consumer and commercial finance receivables and loans
 
$
795


$
739


$
199


$
540


$
85

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 table presents average balance and interest income for our impaired finance receivables and loans.
 
 
2016
 
2015
 
2014
Year ended December 31, ($ in millions)
 
Average balance
 
Interest income
 
Average balance
 
Interest income
 
Average balance
 
Interest income
Consumer automotive
 
$
344

 
$
17

 
$
295

 
$
16

 
$
317

 
$
20

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
8

 
—

 
8

 
—

 
12

 
—

Mortgage — Legacy
 
248

 
9

 
272

 
9

 
861

 
12

Total consumer mortgage
 
256

 
9

 
280

 
9

 
873

 
12

Total consumer
 
600

 
26

 
575

 
25

 
1,190

 
32

Commercial
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
35

 
1

 
33

 
1

 
61

 
2

Other
 
60

 
1

 
41

 
3

 
59

 
3

Commercial real estate — Automotive
 
6

 
—

 
5

 
—

 
6

 
—

Total commercial
 
101

 
2

 
79

 
4

 
126

 
5

Total consumer and commercial finance receivables and loans
 
$
701


$
28


$
654


$
29

 
$
1,316

 
$
37
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following table presents information related to finance receivables and loans recorded at gross carrying value modified in connection with a TDR during the period.
 
 
2016
 
2015
Year ended December 31, ($ 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
 
20,227

 
$
347

 
$
293

 
17,222

 
$
278

 
$
237

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
7

 
3

 
3

 
7

 
4

 
4

Mortgage — Legacy
 
120

 
18

 
18

 
197

 
42

 
40

Total consumer mortgage
 
127

 
21

 
21

 
204

 
46

 
44

Total consumer
 
20,354

 
368

 
314

 
17,426

 
324

 
281

Commercial
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
Automotive
 
1

 
7

 
7

 
—

 
—

 
—

Other
 
—

 
—

 
—

 
1

 
21

 
21

Commercial real estate — Automotive
 
—

 
—

 
—

 
1

 
3

 
3

Total commercial
 
1

 
7

 
7

 
2

 
24

 
24

Total consumer and commercial finance receivables and loans
 
20,355

 
$
375

 
$
321

 
17,428

 
$
348

 
$
305
Finance receivables and loans redefaulted during the period [Table Text Block]
The following table presents 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 Consolidated Financial Statements for additional information) except for commercial finance receivables and loans, where redefault is defined as 90 days past due.
 
 
2016
 
2015
Year ended December 31, ($ in millions)
 
Number of loans
 
Gross carrying value
 
Charge-off amount
 
Number of loans
 
Gross carrying value
 
Charge-off amount
Consumer automotive
 
7,800

 
$
94

 
$
56

 
6,836

 
$
82

 
$
47

Consumer mortgage
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage Finance
 
—

 
—

 
—

 
—

 
—

 
—

Mortgage — Legacy
 
4

 
—

 
—

 
10

 
1

 
—

Total consumer finance receivables and loans
 
7,804

 
$
94

 
$
56

 
6,846

 
$
83

 
$
47
Consumer Concentration Risk [Table Text Block]
The following table shows the percentage of total consumer finance receivables and loans recorded at gross carrying value by state concentration.
 
2016 (a)
 
2015
December 31,
Consumer automotive
 
Consumer mortgage
 
Consumer automotive
 
Consumer mortgage
Texas
13.6
%
 
6.6
%
 
13.7
%
 
6.2
%
California
7.8

 
34.2

 
7.3

 
33.6

Florida
8.2

 
4.4

 
7.7

 
4.1

Pennsylvania
4.7

 
1.5

 
5.0

 
1.5

Illinois
4.3

 
3.4

 
4.4

 
4.1

Georgia
4.3

 
2.2

 
4.4

 
2.2

North Carolina
3.6

 
1.6

 
3.6

 
1.8

Ohio
3.5

 
0.5

 
3.7

 
0.6

New York
3.2

 
1.9

 
3.5

 
1.9

Michigan
2.7

 
1.9

 
3.1

 
2.4

Other United States
44.1

 
41.8

 
43.6

 
41.6

Total consumer loans
100.0
%
 
100.0
%
 
100.0
%
 
100.0
%
(a)
Presentation is in descending order as a percentage of total consumer finance receivables and loans at December 31, 2016.
Commercial Concentration Risk [Table Text Block]
The following table shows the percentage of total commercial real estate finance receivables and loans reported at gross carrying value by state concentration.
December 31,
2016
 
2015
Texas
16.1
%
 
17.7
%
Florida
10.2

 
10.0

California
7.9

 
8.7

Michigan
7.6

 
8.9

New Jersey
4.2

 
2.1

Georgia
3.6

 
3.6

North Carolina
3.6

 
3.8

Pennsylvania
3.1

 
3.4

South Carolina
2.7

 
2.2

New York
2.6

 
3.1

Other United States
38.4

 
36.5

Total commercial real estate finance receivables and loans
100.0
%
 
100.0
%
Commercial Criticized Exposure [Table Text Block]
The following table presents the percentage of total commercial criticized finance receivables and loans reported at gross carrying value by industry concentrations.
December 31,
2016
 
2015
Automotive
81.2
%
 
80.5
%
Services
6.3

 
5.3

Electronics
4.2

 
3.3

Other
8.3

 
10.9

Total commercial criticized finance receivables and loans
100.0
%
 
100.0
%