Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

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)
2024
Net financing revenue and other interest income	$	1,314	$	30	$	53	$	104	$	(6)	$	1,495
Other revenue	93		338		5		30		39		505
Total net revenue	1,407		368		58		134		33		2,000
Provision for credit losses	383		—		(1)		3		72		457
Total noninterest expense	617		410		32		33		194		1,286
Income (loss) from continuing operations before income tax expense	$	407	$	(42)	$	27	$	98	$	(233)	$	257
Total assets	$	115,772	$	9,174	$	18,010	$	9,869	$	39,706	$	192,531
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.0 billion and $1.1 billion for the three months ended June 30, 2024, and 2023, respectively.


Six months ended June 30, ($ in millions)	Automotive Finance operations		Insurance operations		Mortgage Finance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2024
Net financing revenue and other interest income	$	2,628	$	59	$	105	$	215	$	(56)	$	2,951
Other revenue	190		722		11		53		59		1,035
Total net revenue	2,818		781		116		268		3		3,986
Provision for credit losses	831		—		(1)		2		132		964
Total noninterest expense	1,258		753		65		78		440		2,594
Income (loss) from continuing operations before income tax expense	$	729	$	28	$	52	$	188	$	(569)	$	428
Total assets	$	115,772	$	9,174	$	18,010	$	9,869	$	39,706	$	192,531
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

(a)Net financing revenue and other interest income after the provision for credit losses totaled $2.0 billion and $2.3 billion for the six months ended June 30, 2024, and 2023, respectively.