Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2018

Revenue from Contract with Customer [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The following table presents the impact to our Consolidated Balance Sheet as of January 1, 2018, as a result of adopting the amendments to the revenue recognition principles.

($ in millions)	As reported, December 31, 2017			Adjustment related to adoption			As adjusted, January 1, 2018
Assets
Premiums receivable and other insurance assets	$	2,047		$	122		$	2,169
Other assets	5,663			41			5,704
Total assets	$	167,148		$	163		$	167,311
Liabilities
Unearned insurance premiums and service revenue	$	2,604		$	289		$	2,893
Total liabilities	153,654			289			153,943
Equity
Accumulated deficit	(6,406		)	(126		)	(6,532		)
Total equity	13,494			(126		)	13,368
Total liabilities and equity	$	167,148		$	163		$	167,311

Impact of ASU 2014-09 on Balance Sheet and Income Statement

The following tables present the impact of adopting the amendments to the revenue recognition principles to our Consolidated Statement of Income, Consolidated Statement of Comprehensive Income, and Consolidated Balance Sheet.

	Year ended December 31, 2018
($ in millions)	As reported		Effect of adoption
Other revenue
Insurance premiums and service revenue earned	$	1,022	$	(26	)
Total other revenue	1,414		(26		)
Total net revenue	5,804		(26		)
Noninterest expense
Compensation and benefits expense	1,155		(1		)
Other operating expenses	1,814		(12		)
Total noninterest expense	3,264		(13		)
Income from continuing operations before income tax expense	1,622		(13		)
Income tax expense from continuing operations	359		(3		)
Net income from continuing operations	1,263		(10		)
Net income	1,263		(10		)
Comprehensive income	$	974	$	(10	)

December 31, 2018($ in millions)	As reported			Effect of adoption
Assets
Premiums receivable and other insurance assets	$	2,326		$	135
Other assets	6,153			44
Total assets	$	178,869		$	179
Liabilities
Unearned insurance premiums and service revenue	$	3,044		$	315
Total liabilities	165,601			315
Equity
Accumulated deficit	(5,489		)	(136		)
Total equity	13,268			(136		)
Total liabilities and equity	$	178,869		$	179

Disaggregation of Revenue

The following table presents a disaggregated view of our revenue from contracts with customers included in other revenue that falls within the scope of the amendments to the revenue recognition principles.

Year ended December 31, 2018 ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated
Revenue from contracts with customers
Noninsurance contracts	$	—	$	506	$	—	$	—	$	—	$	506
Remarketing fee income	79		—		—		—		—		79
Brokerage commissions and other revenue	—		—		—		—		62		62
Brokered/agent commissions	—		15		—		—		—		15
Deposit account and other banking fees	—		—		—		—		13		13
Other	13		1		—		—		—		14
Total revenue from contracts with customers	92		522		—		—		75		689
All other revenue	177		459		7		38		44		725
Total other revenue (a)	$	269	$	981	$	7	$	38	$	119	$	1,414

(a) Represents a component of total net revenue. Refer to Note 26 for further information on our reportable operating segments.

In addition to the components of other revenue presented above, as part of our Automotive Finance operations, we recognized net remarketing gains of $90 million for the year endedDecember 31, 2018, on the sale of off-lease vehicles. These gains are included in depreciation expense on operating lease assets in our Consolidated Statement of Income.