Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

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 revenue recognition principles of ASC Topic 606, Revenue from Contracts with Customers.

Year ended December 31, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated
2019
Revenue from contracts with customers
Noninsurance contracts (a) (b) (c)	$	—	$	542	$	—	$	—	$	—	$	542
Remarketing fee income	74		—		—		—		—		74
Brokerage commissions and other revenue	—		—		—		—		61		61
Deposit account and other banking fees	—		—		—		—		16		16
Brokered/agent commissions	—		14		—		—		—		14
Other	19		1		—		—		—		20
Total revenue from contracts with customers	93		557		—		—		77		727
All other revenue	156		717		22		45		94		1,034
Total other revenue (d)	$	249	$	1,274	$	22	$	45	$	171	$	1,761
2018
Revenue from contracts with customers
Noninsurance contracts (a) (b) (c)	$	—	$	506	$	—	$	—	$	—	$	506
Remarketing fee income	79		—		—		—		—		79
Brokerage commissions and other revenue	—		—		—		—		62		62
Deposit account and other banking fees	—		—		—		—		13		13
Brokered/agent commissions	—		15		—		—		—		15
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 (d)	$	269	$	981	$	7	$	38	$	119	$	1,414

(a) We had opening balances of $2.6 billion and $2.5 billion in unearned revenue associated with outstanding contracts at January 1, 2019, and January 1, 2018, respectively, and $816 million and $786 million of these balances were recognized as insurance premiums and service revenue earned in our Consolidated Statement of Income during the year ended December 31, 2019, and December 31, 2018.

(b) At December 31, 2019, we had unearned revenue of $2.9 billion associated with outstanding contracts, and with respect to this balance we expect to recognize revenue of $768 million in 2020, $682 million in 2021, $569 million in 2022, $433 million in 2023, and $417 million thereafter. At December 31, 2018, we had unearned revenue of $2.6 billion associated with outstanding contracts.

(c) We had deferred insurance assets of $1.5 billion and $1.7 billion at January 1, 2019, and December 31, 2019, respectively, and recognized $463 million of expense during the year ended December 31, 2019. We had deferred insurance assets of $1.4 billion and $1.5 billion at January 1, 2018, and December 31, 2018, respectively, and recognized $427 million of expense during the year ended December 31, 2018.

(d)

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