Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Segment Reporting Information, by Segment

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


Three months ended June 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2021
Net financing revenue and other interest income	$	1,333	$	15	$	23	$	77	$	99	$	1,547
Other revenue	61		344		22		33		78		538
Total net revenue	1,394		359		45		110		177		2,085
Provision for credit losses	(23)		—		—		(13)		4		(32)
Total noninterest expense	500		272		45		28		230		1,075
Income (loss) from continuing operations before income tax expense	$	917	$	87	$	—	$	95	$	(57)	$	1,042
Total assets	$	100,162	$	9,394	$	13,865	$	6,246	$	50,803	$	180,470
2020
Net financing revenue and other interest income	$	989	$	12	$	30	$	77	$	(54)	$	1,054
Other revenue	40		438		19		6		52		555
Total net revenue	1,029		450		49		83		(2)		1,609
Provision for credit losses	256		—		3		25		3		287
Total noninterest expense	444		322		38		26		155		985
Income (loss) from continuing operations before income tax expense	$	329	$	128	$	8	$	32	$	(160)	$	337
Total assets	$	102,016	$	8,740	$	16,669	$	6,206	$	50,430	$	184,061

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.6 billion and $767 million for the three months ended June 30, 2021, and June 30, 2020, respectively.


Six months ended June 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2021
Net financing revenue and other interest income	$	2,539	$	30	$	46	$	148	$	156	$	2,919
Other revenue	123		723		62		59		136		1,103
Total net revenue	2,662		753		108		207		292		4,022
Provision for credit losses	(45)		—		(4)		—		4		(45)
Total noninterest expense	987		525		89		59		358		2,018
Income (loss) from continuing operations before income tax expense	$	1,720	$	228	$	23	$	148	$	(70)	$	2,049
Total assets	$	100,162	$	9,394	$	13,865	$	6,246	$	50,803	$	180,470
2020
Net financing revenue and other interest income	$	2,029	$	26	$	68	$	145	$	(68)	$	2,200
Other revenue	87		575		29		19		111		821
Total net revenue	2,116		601		97		164		43		3,021
Provision for credit losses	1,022		—		4		139		25		1,190
Total noninterest expense	938		578		73		61		255		1,905
Income (loss) from continuing operations before income tax expense	$	156	$	23	$	20	$	(36)	$	(237)	$	(74)
Total assets	$	102,016	$	8,740	$	16,669	$	6,206	$	50,430	$	184,061

(a)Net financing revenue and other interest income after the provision for credit losses totaled $3.0 billion and $1.0 billion for the six months ended June 30, 2021, and June 30, 2020, respectively.