Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Segment Reporting Information, by Segment

Financial information for our reportable operating segments is summarized as follows.


Year ended December 31, 2024 ($ in millions)	Automotive Finance operations		Insurance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)

Net financing revenue and other interest income
Total financing revenue and other interest income	$	10,473	$	168	$	1,006	$	2,575	$	14,222
Total interest expense	4,266		54		550		2,602		7,472
Net depreciation expense on operating lease assets	736		—		—		—		736
Net financing revenue and other interest income	5,471		114		456		(27)		6,014
Other revenue	363		1,507		123		174		2,167
Total net revenue	5,834		1,621		579		147		8,181
Provision for credit losses	1,905		—		8		253		2,166
Noninterest expense
Compensation and benefits expense	668		108		80		986		1,842
Insurance losses and loss adjustment expenses	—		544		—		—		544
Goodwill impairment (b)	—		—		—		118		118
Other operating expenses
Technology and communications expenses	129		19		5		285		438
Other (c)	1,316		782		52		87		2,237
Total other operating expenses	1,445		801		57		372		2,675
Total noninterest expense	2,113		1,453		137		1,476		5,179
Income (loss) from continuing operations before income tax expense	$	1,816	$	168	$	434	$	(1,582)	$	836
Total assets	$	113,057	$	9,325	$	9,704	$	59,750	$	191,836

(a)Net financing revenue and other interest income after the provision for credit losses totaled $3.8 billion for the year ended December 31, 2024.

(b)Impairment of goodwill related to Ally Credit Card for the year ended December 31, 2024. Refer to Note 13 for additional information.

(c)Primarily consists of insurance commissions, advertising and marketing, and property and equipment depreciation expenses. Refer to Note 7 for additional information.


Year ended December 31, 2023 ($ in millions)	Automotive Finance operations		Insurance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)

Net financing revenue and other interest income
Total financing revenue and other interest income	$	9,721	$	149	$	980	$	3,108	$	13,958
Total interest expense	3,364		45		550		2,938		6,897
Net depreciation expense on operating lease assets	840		—		—		—		840
Net financing revenue and other interest income	5,517		104		430		170		6,221
Other revenue	321		1,428		104		160		2,013
Total net revenue	5,838		1,532		534		330		8,234
Provision for credit losses	1,618		—		52		298		1,968
Noninterest expense
Compensation and benefits expense	668		108		78		1,047		1,901
Insurance losses and loss adjustment expenses	—		422		—		—		422
Goodwill impairment (b)	—		—		—		149		149
Other operating expenses
Technology and communications expenses	126		18		5		287		436
Other (c)	1,212		768		45		230		2,255
Total other operating expenses	1,338		786		50		517		2,691
Total noninterest expense	2,006		1,316		128		1,713		5,163
Income (loss) from continuing operations before income tax expense	$	2,214	$	216	$	354	$	(1,681)	$	1,103
Total assets	$	115,301	$	9,081	$	11,212	$	60,735	$	196,329

(a)Net financing revenue and other interest income after the provision for credit losses totaled $4.3 billion for the year ended December 31, 2023.

(b)Impairment of goodwill related to Ally Lending for the year ended December 31, 2023. Refer to Note 13 for additional information.

(c)Primarily consists of insurance commissions expense, advertising and marketing expense, and lease and loan administration expense. Refer to Note 7 for additional information.


Year ended December 31, 2022 ($ in millions)	Automotive Finance operations		Insurance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)

Net financing revenue and other interest income
Total financing revenue and other interest income	$	7,990	$	126	$	546	$	1,959	$	10,621
Total interest expense	1,838		42		206		771		2,857
Net depreciation expense on operating lease assets	914		—		—		—		914
Net financing revenue and other interest income	5,238		84		340		1,188		6,850
Other revenue	306		1,023		122		127		1,578
Total net revenue	5,544		1,107		462		1,315		8,428
Provision for credit losses	1,036		—		43		320		1,399
Noninterest expense
Compensation and benefits expense	629		101		75		1,095		1,900
Insurance losses and loss adjustment expenses	—		280		—		—		280
Other operating expenses
Technology and communications expenses	117		17		4		268		406
Other (b)	1,104		735		46		216		2,101
Total other operating expenses	1,221		752		50		484		2,507
Total noninterest expense	1,850		1,133		125		1,579		4,687
Income (loss) from continuing operations before income tax expense	$	2,658	$	(26)	$	294	$	(584)	$	2,342
Total assets	$	111,463	$	8,659	$	10,544	$	61,160	$	191,826

(a)Net financing revenue and other interest income after the provision for credit losses totaled $5.5 billion for the year ended December 31, 2022.

(b)Primarily consists of insurance commissions expense, advertising and marketing expense, and lease and loan administration expense. Refer to Note 7 for additional information.