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Other Assets (Tables)
9 Months Ended
Sep. 30, 2017
Other Assets [Abstract]  
Schedule of Other Assets [Table Text Block]
The components of other assets were as follows.
($ in millions)
 
September 30, 2017
 
December 31, 2016
Property and equipment at cost
 
$
1,024

 
$
901

Accumulated depreciation
 
(587
)
 
(525
)
Net property and equipment
 
437

 
376

Restricted cash collections for securitization trusts (a)
 
1,260

 
1,694

Nonmarketable equity investments (b)
 
1,065

 
1,046

Net deferred tax assets
 
659

 
994

Accrued interest and rent receivables
 
508

 
476

Goodwill (c)
 
240

 
240

Other accounts receivable
 
212

 
100

Cash reserve deposits held for securitization trusts (d)
 
120

 
184

Restricted cash and cash equivalents
 
112

 
111

Fair value of derivative contracts in receivable position (e)
 
37

 
95

Cash collateral placed with counterparties
 
20


167

Other assets
 
1,393

 
1,371

Total other assets
 
$
6,063

 
$
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 $581 million and $577 million at September 30, 2017, and December 31, 2016, respectively; and Federal Reserve Bank (FRB) stock of $445 million and $435 million at September 30, 2017, and December 31, 2016, respectively.
(c)
Includes goodwill of $27 million within our Insurance operations at both September 30, 2017, and December 31, 2016; $193 million within Corporate and Other at both September 30, 2017, and December 31, 2016; and $20 million within Automotive Finance operations at both September 30, 2017, and December 31, 2016. No changes to the carrying amount of goodwill were recorded during the nine months ended September 30, 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.