Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Segment Reporting Information, by Segment

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


Three months ended March 31, ($ in millions)	Automotive Finance operations		Insurance operations		Corporate Finance operations		Corporate and Other		Consolidated (a)
2025
Net financing revenue and other interest income
Total financing revenue and other interest income	$	2,571	$	44	$	221	$	557	$	3,393
Total interest expense	1,065		14		117		479		1,675
Net depreciation expense on operating lease assets	240		—		—		—		240
Net financing revenue and other interest income	1,266		30		104		78		1,478
Other revenue	97		364		29		(427)		63
Total net revenue	1,363		394		133		(349)		1,541
Provision for credit losses	434		—		14		(257)		191
Noninterest expense
Compensation and benefits expense	183		30		25		267		505
Insurance losses and loss adjustment expenses	—		161		—		—		161
Goodwill impairment	—		—		—		305		305
Other operating expenses
Technology and communications expenses	29		5		1		68		103
Other (b)	342		196		17		5		560
Total other operating expenses	371		201		18		73		663
Total noninterest expense	554		392		43		645		1,634
Income (loss) from continuing operations before income tax expense (benefit)	$	375	$	2	$	76	$	(737)	$	(284)
Total assets	$	111,672	$	9,489	$	11,002	$	61,168	$	193,331
2024
Net financing revenue and other interest income
Total financing revenue and other interest income	$	2,576	$	39	$	269	$	698	$	3,582
Total interest expense	1,010		13		149		750		1,922
Net depreciation expense on operating lease assets	192		—		—		—		192
Net financing revenue and other interest income	1,374		26		120		(52)		1,468
Other revenue	97		384		23		26		530
Total net revenue	1,471		410		143		(26)		1,998
Provision for credit losses	448		—		(1)		60		507
Noninterest expense
Compensation and benefits expense	178		28		27		286		519
Insurance losses and loss adjustment expenses	—		112		—		—		112

Other operating expenses
Technology and communications expenses	32		5		1		68		106
Other (b)	333		195		16		27		571
Total other operating expenses	365		200		17		95		677
Total noninterest expense	543		340		44		381		1,308
Income (loss) from continuing operations before income tax expense (benefit)	$	480	$	70	$	100	$	(467)	$	183
Total assets	$	114,464	$	9,100	$	10,410	$	58,826	$	192,800

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.3 billion and $961 million for the three months ended March 31, 2025, and 2024, respectively.

(b)Primarily consists of insurance commissions, property and equipment depreciation, and advertising and marketing expenses. Refer to Note 6 for additional information.