Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

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)
2023
Net financing revenue and other interest income	$	1,349	$	29	$	53	$	92	$	50	$	1,573
Other revenue	83		337		5		28		53		506
Total net revenue	1,432		366		58		120		103		2,079
Provision for credit losses	331		—		—		15		81		427
Total noninterest expense	600		358		37		33		221		1,249
Income (loss) from continuing operations before income tax expense	$	501	$	8	$	21	$	72	$	(199)	$	403
Total assets	$	113,757	$	8,890	$	18,997	$	10,190	$	45,407	$	197,241
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.1 billion and $1.5 billion for the three months ended June 30, 2023, and 2022, respectively.


Six months ended June 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2023
Net financing revenue and other interest income	$	2,671	$	55	$	107	$	195	$	147	$	3,175
Other revenue	160		718		9		57		60		1,004
Total net revenue	2,831		773		116		252		207		4,179
Provision for credit losses	682		—		(1)		30		162		873
Total noninterest expense	1,206		673		75		78		483		2,515
Income (loss) from continuing operations before income tax expense	$	943	$	100	$	42	$	144	$	(438)	$	791
Total assets	$	113,757	$	8,890	$	18,997	$	10,190	$	45,407	$	197,241
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $2.3 billion and $3.0 billion for the six months ended June 30, 2023, and 2022, respectively.