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Debt (Tables)
 12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]
The following table presents the composition of our short-term borrowings portfolio.
 
 
2017
 
2016
December 31, ($ in millions)
 
Unsecured
 
Secured (a)
 
Total
 
Unsecured
 
Secured (a)
 
Total
Demand notes
 
$
3,171

 
$
—

 
$
3,171

 
$
3,622

 
$
—

 
$
3,622

Federal Home Loan Bank
 
—

 
7,350

 
7,350

 
—

 
7,875

 
7,875

Financial instruments sold under agreements to repurchase
 
—

 
892

 
892

 
—

 
1,176

 
1,176

Total short-term borrowings
 
$
3,171

 
$
8,242

 
$
11,413

 
$
3,622

 
$
9,051

 
$
12,673

Weighted average interest rate (b)
 
 
 
 
 
1.5
%
 
 
 
 
 
1.0
%
(a)
Refer to the section below titled Long-term Debt for further details on assets restricted as collateral for payment of the related debt.
(b)
Based on the debt outstanding and the interest rate at December 31 of each year.
Long-term Debt [Text Block]
The following tables present the composition of our long-term debt portfolio.
December 31, ($ in millions)
Amount
 
Stated interest rate
 
Weighted-average stated interest rate (a)
 
Due date range
2017
 
 
 
 
 
 
 
Unsecured debt
 
 
 
 
 
 
 
Fixed rate (b)
$
12,820

 
 
 
 
 
 
Variable rate
1

 
 
 
 
 
 
Trust preferred securities (c)
2,570

 
 
 
 
 
 
Fair value adjustment (d)
240

 
 
 
 
 
 
Total unsecured debt
15,631

 
1.48–8.00%
 
5.68
%
 
2018–2049
Secured debt
 
 
 
 
 
 
 
Fixed rate
18,845

 
 
 
 
 
 
Variable rate (e)
9,782

 
 
 
 
 
 
Fair value adjustment (d)
(32
)
 
 
 
 
 
 
Total secured debt (f) (g) (h)
28,595

 
0.63–4.50%
 
1.96
%
 
2018–2036
Total long-term debt
$
44,226

 
 
 
 
 
 
2016
 
 
 
 
 
 
 
Unsecured debt
 
 
 
 
 
 
 
Fixed rate (b)
$
17,155

 
 
 
 
 
 
Variable rate
1

 
 
 
 
 
 
Trust preferred securities (c)
2,568

 
 
 
 
 
 
Fair value adjustment (d)
326

 
 
 
 
 
 
Total unsecured debt
20,050

 
0.68–8.00%
 
5.36
%
 
2017–2049
Secured debt
 
 
 
 
 
 
 
Fixed rate
17,935

 
 
 
 
 
 
Variable rate
16,154

 
 
 
 
 
 
Fair value adjustment (d)
(11
)
 
 
 
 
 
 
Total secured debt (f) (g) (h)
34,078

 
0.63–4.55%
 
1.53
%
 
2017–2035
Total long-term debt
$
54,128

 
 
 
 
 
 
(a)
Based on the debt outstanding and the interest rate at December 31 of each year excluding any impacts of interest rate hedges.
(b)
Includes subordinated debt of $1.4 billion at both December 31, 2017, and 2016.
(c)
Refer to the section below titled Trust Preferred Securities for further information.
(d)
Represents the fair value adjustment associated with the application of hedge accounting on certain of our long-term debt positions. Refer to Note 22 for additional information.
(e)
Includes $8 million of long-term debt that does not have a stated interest rate.
(f)
Includes $10.2 billion and $13.3 billion of VIE secured debt at December 31, 2017, and 2016, respectively.
(g)
Includes $8.1 billion and $14.8 billion of debt outstanding from our automotive secured revolving credit facilities at December 31, 2017, and 2016, respectively.
(h)
Includes advances from the FHLB of Pittsburgh of $10.3 billion and $6.1 billion at December 31, 2017, and 2016, respectively.
Schedule of Debt [Table Text Block]
 
 
2017
 
2016
December 31, ($ in millions)
 
Unsecured
 
Secured
 
Total
 
Unsecured
 
Secured
 
Total
Long-term debt
 
 
 
 
 
 
 
 
 
 
 
 
Due within one year
 
$
3,482

 
$
7,499

 
$
10,981

 
$
4,274

 
$
10,279

 
$
14,553

Due after one year
 
11,909

 
21,128

 
33,037

 
15,450

 
23,810

 
39,260

Fair value adjustment
 
240

 
(32
)
 
208

 
326

 
(11
)
 
315

Total long-term debt
 
$
15,631

 
$
28,595

 
$
44,226

 
$
20,050

 
$
34,078

 
$
54,128
Scheduled of Maturities of Long-term Debt [Table Text Block]
The following table presents the scheduled remaining maturity of long-term debt at December 31, 2017, assuming no early redemptions will occur. The actual payment of secured debt may vary based on the payment activity of the related pledged assets.
($ in millions)
 
2018
 
2019
 
2020
 
2021
 
2022
 
2023 and thereafter
 
Fair value adjustment
 
Total
Unsecured
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt
 
$
3,582

 
$
1,681

 
$
2,251

 
$
637

 
$
1,067

 
$
7,408

 
$
240

 
$
16,866

Original issue discount
 
(100
)
 
(39
)
 
(39
)
 
(43
)
 
(47
)
 
(967
)
 
—

 
(1,235
)
Total unsecured
 
3,482

 
1,642

 
2,212

 
594

 
1,020

 
6,441

 
240

 
15,631

Secured
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt
 
7,499

 
8,352

 
6,879

 
3,712

 
1,631

 
554

 
(32
)
 
28,595

Total long-term debt
 
$
10,981

 
$
9,994

 
$
9,091

 
$
4,306

 
$
2,651


$
6,995


$
208


$
44,226
Pledged assets for the payment of the related secured borrowings and repurchase agreements [Table Text Block]
The following summarizes assets restricted as collateral for the payment of the related debt obligation primarily arising from securitization transactions accounted for as secured borrowings and repurchase agreements.
 
 
2017
 
2016
December 31, ($ in millions)
 
Total (a)
 
Ally Bank
 
Total (a)
 
Ally Bank
Investment securities (b)
 
$
8,371

 
$
7,443

 
$
4,895

 
$
4,231

Mortgage assets held-for-investment and lending receivables
 
13,579

 
13,579

 
10,954

 
10,954

Consumer automotive finance receivables (b)
 
19,787

 
6,200

 
27,846

 
5,751

Commercial automotive finance receivables
 
16,567

 
16,472

 
19,487

 
19,280

Operating leases
 
457

 
—

 
2,040

 
913

Total assets restricted as collateral (c) (d)
 
$
58,761

 
$
43,694

 
$
65,222

 
$
41,129

Secured debt
 
$
36,837

(e)
$
23,278

 
$
43,129

(e)
$
22,149

(a)
Ally Bank is a component of the total column.
(b)
A portion of the restricted investment securities at December 31, 2017, and December 31, 2016, and consumer automotive finance receivables at December 31, 2016, were restricted under repurchase agreements. Refer to the section above titled Short-term Borrowings for information on the repurchase agreements.
(c)
Ally Bank has an advance agreement with the FHLB, and had assets pledged to secure borrowings that were restricted as collateral to the FHLB totaling $25.2 billion and $19.0 billion at December 31, 2017, and December 31, 2016, respectively. These assets were composed primarily of consumer mortgage finance receivables and loans and investment securities. Ally Bank has access to the FRB Discount Window. Ally Bank had assets pledged and restricted as collateral to the FRB totaling $2.3 billion and $2.4 billion at December 31, 2017, and December 31, 2016, respectively. These assets were composed of consumer automotive finance receivables and loans and operating lease assets. Availability under these programs is only for the operations of Ally Bank and cannot be used to fund the operations or liabilities of Ally or its subsidiaries.
(d)
Excludes restricted cash and cash reserves for securitization trusts recorded within other assets on the Consolidated Balance Sheet. Refer to Note 14 for additional information.
(e)
Includes $8.2 billion and $9.1 billion of short-term borrowings at December 31, 2017, and December 31, 2016, respectively
Schedule Of Committed Funding Facilities [Table Text Block]
Committed Funding Facilities
 
 
Outstanding
 
Unused capacity (a)
 
Total capacity
December 31, ($ in millions)
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Bank funding
 
 
 
 
 
 
 
 
 
 
 
 
Secured (b)
 
$
1,785

 
$
3,250

 
$
890

 
$
350

 
$
2,675

 
$
3,600

Parent funding
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
6,330

 
11,550

 
2,920

 
1,975

 
9,250

 
13,525

Unsecured
 
—

 
—

 
—

 
1,250

 
—

 
1,250

Total committed facilities
 
$
8,115

 
$
14,800

 
$
3,810

 
$
3,575

 
$
11,925

 
$
18,375

(a)
Funding from committed secured facilities is available on request in the event excess collateral resides in certain facilities or the extent incremental collateral is available and contributed to the facilities.
(b)
Excludes off-balance sheet credit facility amounts.