Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Segment Reporting Information, by Segment

Financial information for our reportable operating segments is summarized as follows.


Three months ended September 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2020
Net financing revenue (loss) and other interest income	$	1,102	$	8	$	30	$	75	$	(15)	$	1,200
Other revenue	61		338		36		9		40		484
Total net revenue	1,163		346		66		84		25		1,684
Provision for credit losses	128		—		—		1		18		147
Total noninterest expense	469		268		40		23		105		905
Income (loss) from continuing operations before income tax expense	$	566	$	78	$	26	$	60	$	(98)	$	632
Total assets	$	103,366	$	8,944	$	15,503	$	5,995	$	51,462	$	185,270
2019
Net financing revenue (loss) and other interest income	$	1,078	$	14	$	39	$	60	$	(3)	$	1,188
Other revenue	59		289		10		9		46		413
Total net revenue	1,137		303		49		69		43		1,601
Provision for credit losses	265		—		—		3		(5)		263
Total noninterest expense	443		247		38		22		88		838
Income (loss) from continuing operations before income tax expense	$	429	$	56	$	11	$	44	$	(40)	$	500
Total assets	$	115,096	$	8,478	$	16,583	$	5,275	$	36,053	$	181,485

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.1 billion and $925 million for the three months ended September 30, 2020, and September 30, 2019, respectively.


Nine months ended September 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2020
Net financing revenue (loss) and other interest income	$	3,131	$	34	$	98	$	220	$	(83)	$	3,400
Other revenue	148		913		65		28		151		1,305
Total net revenue	3,279		947		163		248		68		4,705
Provision for credit losses	1,150		—		4		140		43		1,337
Total noninterest expense	1,407		846		113		84		360		2,810
Income (loss) from continuing operations before income tax expense	$	722	$	101	$	46	$	24	$	(335)	$	558
Total assets	$	103,366	$	8,944	$	15,503	$	5,995	$	51,462	$	185,270
2019
Net financing revenue and other interest income	$	3,080	$	41	$	135	$	175	$	46	$	3,477
Other revenue	188		935		16		30		105		1,274
Total net revenue	3,268		976		151		205		151		4,751
Provision for credit losses	707		—		2		29		(16)		722
Total noninterest expense	1,344		775		111		73		246		2,549
Income (loss) from continuing operations before income tax expense	$	1,217	$	201	$	38	$	103	$	(79)	$	1,480
Total assets	$	115,096	$	8,478	$	16,583	$	5,275	$	36,053	$	181,485

(a)Net financing revenue and other interest income after the provision for credit losses totaled $2.1 billion and $2.8 billion for the nine months ended September 30, 2020, and September 30, 2019, respectively.