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Other Assets (Tables)
3 Months Ended
Mar. 31, 2017
Other Assets [Abstract]  
Schedule of Other Assets [Table Text Block]
The components of other assets were as follows.
($ in millions)
 
March 31, 2017
 
December 31, 2016
Property and equipment at cost
 
$
939

 
$
901

Accumulated depreciation
 
(542
)
 
(525
)
Net property and equipment
 
397

 
376

Restricted cash collections for securitization trusts (a)
 
1,359

 
1,694

Net deferred tax assets
 
900

 
994

Nonmarketable equity investments (b)
 
833

 
1,046

Accrued interest and rent receivables
 
457

 
476

Goodwill (c)
 
240

 
240

Other accounts receivable
 
165

 
100

Cash reserve deposits held-for-securitization trusts (d)
 
164

 
184

Cash collateral placed with counterparties
 
119


167

Restricted cash and cash equivalents
 
111

 
111

Fair value of derivative contracts in receivable position (e)
 
80

 
95

Other assets
 
1,309

 
1,371

Total other assets
 
$
6,134

 
$
6,854

(a)
Represents cash collections from customer payments on securitized receivables. These funds are distributed to investors as payments on the related secured debt.
(b)
Includes investments in FHLB stock of $359 million and $577 million at March 31, 2017, and December 31, 2016, respectively; and Federal Reserve Bank (FRB) stock of $435 million at both March 31, 2017, and December 31, 2016.
(c)
Includes goodwill of $27 million at our Insurance operations at both March 31, 2017, and December 31, 2016; $193 million within Corporate and Other at both March 31, 2017, and December 31, 2016; and $20 million within Automotive Finance operations at both March 31, 2017, and December 31, 2016. No changes to the carrying amount of goodwill were recorded during the three months ended March 31, 2017.
(d)
Represents credit enhancement in the form of cash reserves for various securitization transactions.
(e)
For additional information on derivative instruments and hedging activities, refer to Note 19.