Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

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)
2022
Net financing revenue and other interest income	$	1,303	$	24	$	57	$	80	$	255	$	1,719
Other revenue (loss)	74		236		7		54		(74)		297
Total net revenue	1,377		260		64		134		181		2,016
Provision for credit losses	328		—		2		13		95		438
Total noninterest expense	561		290		43		30		237		1,161
Income (loss) from continuing operations before income tax expense	$	488	$	(30)	$	19	$	91	$	(151)	$	417
Total assets	$	109,114	$	8,533	$	19,862	$	9,840	$	41,291	$	188,640
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.3 billion and $1.5 billion for the three months ended September 30, 2022, and September 30, 2021, respectively.


Nine months ended September 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	$	3,899	$	61	$	166	$	240	$	810	$	5,176
Other revenue	214		664		25		97		51		1,051
Total net revenue	4,113		725		191		337		861		6,227
Provision for credit losses	660		—		2		27		220		909
Total noninterest expense	1,640		864		153		95		669		3,421
Income (loss) from continuing operations before income tax expense	$	1,813	$	(139)	$	36	$	215	$	(28)	$	1,897
Total assets	$	109,114	$	8,533	$	19,862	$	9,840	$	41,291	$	188,640
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $4.3 billion and $4.5 billion for the nine months ended September 30, 2022, and September 30, 2021, respectively.