Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

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)
2021
Net financing revenue and other interest income	$	1,329	$	14	$	36	$	77	$	138	$	1,594
Other revenue	61		283		19		16		12		391
Total net revenue	1,390		297		55		93		150		1,985
Provision for credit losses	53		—		2		5		16		76
Total noninterest expense	512		273		47		27		143		1,002
Income (loss) from continuing operations before income tax expense	$	825	$	24	$	6	$	61	$	(9)	$	907
Total assets	$	99,617	$	9,354	$	16,328	$	6,729	$	47,156	$	179,184
2020
Net financing revenue 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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.5 billion and $1.1 billion for the three months ended September 30, 2021, and September 30, 2020, respectively.


Nine months ended September 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	$	3,868	$	44	$	82	$	225	$	294	$	4,513
Other revenue	184		1,006		81		75		148		1,494
Total net revenue	4,052		1,050		163		300		442		6,007
Provision for credit losses	8		—		(2)		5		20		31
Total noninterest expense	1,499		798		136		86		501		3,020
Income (loss) from continuing operations before income tax expense	$	2,545	$	252	$	29	$	209	$	(79)	$	2,956
Total assets	$	99,617	$	9,354	$	16,328	$	6,729	$	47,156	$	179,184
2020
Net financing revenue 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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $4.5 billion and $2.1 billion for the nine months ended September 30, 2021, and September 30, 2020, respectively.