Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

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)
2022
Net financing revenue and other interest income	$	1,301	$	20	$	56	$	77	$	310	$	1,764
Other revenue	72		158		4		19		59		312
Total net revenue	1,373		178		60		96		369		2,076
Provision for credit losses	228		—		—		8		68		304
Total noninterest expense	545		300		54		28		211		1,138
Income (loss) from continuing operations before income tax expense	$	600	$	(122)	$	6	$	60	$	90	$	634
Total assets	$	107,178	$	8,819	$	19,126	$	8,890	$	41,690	$	185,703
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.5 billion and $1.6 billion for the three months ended June 30, 2022, and June 30, 2021, respectively.


Six months ended June 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2022
Net financing revenue and other interest income	$	2,596	$	37	$	109	$	160	$	555	$	3,457
Other revenue	140		428		18		43		125		754
Total net revenue	2,736		465		127		203		680		4,211
Provision for credit losses	332		—		—		14		125		471
Total noninterest expense	1,079		574		110		65		432		2,260
Income (loss) from continuing operations before income tax expense	$	1,325	$	(109)	$	17	$	124	$	123	$	1,480
Total assets	$	107,178	$	8,819	$	19,126	$	8,890	$	41,690	$	185,703
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $3.0 billion for both the six months ended June 30, 2022, and June 30, 2021.