Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

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)
2024
Net financing revenue and other interest income	$	1,285	$	31	$	52	$	101	$	19	$	1,488
Other revenue	85		437		6		37		50		615
Total net revenue	1,370		468		58		138		69		2,103
Provision for credit losses	579		—		—		11		55		645
Total noninterest expense	616		366		31		32		180		1,225
Income (loss) from continuing operations before income tax (benefit) expense	$	175	$	102	$	27	$	95	$	(166)	$	233
Total assets	$	113,934	$	9,455	$	17,594	$	10,398	$	41,600	$	192,981
2023
Net financing revenue and other interest income	$	1,360	$	29	$	53	$	97	$	(6)	$	1,533
Other revenue	79		293		4		24		35		435
Total net revenue	1,439		322		57		121		29		1,968
Provision for credit losses	444		—		(2)		5		61		508
Total noninterest expense	618		338		33		32		211		1,232
Income (loss) from continuing operations before income tax (benefit) expense	$	377	$	(16)	$	26	$	84	$	(243)	$	228
Total assets	$	114,742	$	8,736	$	18,745	$	10,749	$	42,732	$	195,704

(a)Net financing revenue and other interest income after the provision for credit losses totaled $843 million and $1.0 billion for the three months ended September 30, 2024, and 2023, respectively.


Nine months ended September 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	$	3,913	$	90	$	157	$	316	$	(37)	$	4,439
Other revenue	275		1,159		17		90		109		1,650
Total net revenue	4,188		1,249		174		406		72		6,089
Provision for credit losses	1,410		—		(1)		13		187		1,609
Total noninterest expense	1,874		1,119		96		110		620		3,819
Income (loss) from continuing operations before income tax (benefit) expense	$	904	$	130	$	79	$	283	$	(735)	$	661
Total assets	$	113,934	$	9,455	$	17,594	$	10,398	$	41,600	$	192,981
2023
Net financing revenue and other interest income	$	4,031	$	84	$	160	$	292	$	141	$	4,708
Other revenue	239		1,011		13		81		95		1,439
Total net revenue	4,270		1,095		173		373		236		6,147
Provision for credit losses	1,126		—		(3)		35		223		1,381
Total noninterest expense	1,824		1,011		108		110		694		3,747
Income (loss) from continuing operations before income tax (benefit) expense	$	1,320	$	84	$	68	$	228	$	(681)	$	1,019
Total assets	$	114,742	$	8,736	$	18,745	$	10,749	$	42,732	$	195,704

(a)Net financing revenue and other interest income after the provision for credit losses totaled $2.8 billion and $3.3 billion for the nine months ended September 30, 2024, and 2023, respectively.