Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

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		Corporate Finance operations		Corporate and Other		Consolidated (a)
2025
Net financing revenue and other interest income
Total financing revenue and other interest income	$	2,603	$	45	$	233	$	444	$	3,325
Total interest expense	1,093		15		125		360		1,593
Net depreciation expense on operating lease assets	216		—		—		—		216
Net financing revenue and other interest income	1,294		30		108		84		1,516
Other revenue	97		422		19		28		566
Total net revenue	1,391		452		127		112		2,082
Provision for credit losses	387		—		(2)		(1)		384
Noninterest expense
Compensation and benefits expense	166		26		19		219		430
Insurance losses and loss adjustment expenses	—		203		—		—		203

Other operating expenses
Technology and communications expenses	30		4		1		66		101
Other (b)	336		191		13		(12)		528
Total other operating expenses	366		195		14		54		629
Total noninterest expense	532		424		33		273		1,262
Income (loss) from continuing operations before income tax expense (benefit)	$	472	$	28	$	96	$	(160)	$	436
Total assets	$	111,709	$	9,705	$	11,040	$	57,019	$	189,473
2024
Net financing revenue and other interest income
Total financing revenue and other interest income	$	2,606	$	41	$	252	$	639	$	3,538
Total interest expense	1,065		14		140		647		1,866
Net depreciation expense on operating lease assets	155		—		—		—		155
Net financing revenue and other interest income	1,386		27		112		(8)		1,517
Other revenue	93		338		30		44		505
Total net revenue	1,479		365		142		36		2,022
Provision for credit losses	383		—		3		71		457
Noninterest expense
Compensation and benefits expense	160		26		17		239		442
Insurance losses and loss adjustment expenses	—		181		—		—		181

Other operating expenses
Technology and communications expenses	31		4		2		66		103
Other (b)	321		194		11		34		560
Total other operating expenses	352		198		13		100		663
Total noninterest expense	512		405		30		339		1,286
Income (loss) from continuing operations before income tax expense (benefit)	$	584	$	(40)	$	109	$	(374)	$	279
Total assets	$	115,524	$	9,174	$	9,869	$	57,812	$	192,379

(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.1 billion for both the three months ended June 30, 2025, and 2024.

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


Six months ended June 30, ($ 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	$	5,174	$	89	$	454	$	1,001	$	6,718
Total interest expense	2,158		29		242		839		3,268
Net depreciation expense on operating lease assets	456		—		—		—		456
Net financing revenue and other interest income	2,560		60		212		162		2,994
Other revenue	194		786		48		(399)		629
Total net revenue	2,754		846		260		(237)		3,623
Provision for credit losses	821		—		12		(258)		575
Noninterest expense
Compensation and benefits expense	349		56		44		486		935
Insurance losses and loss adjustment expenses	—		364		—		—		364
Goodwill impairment	—		—		—		305		305
Other operating expenses
Technology and communications expenses	59		9		2		134		204
Other (b)	678		387		30		(7)		1,088
Total other operating expenses	737		396		32		127		1,292
Total noninterest expense	1,086		816		76		918		2,896
Income (loss) from continuing operations before income tax expense (benefit)	$	847	$	30	$	172	$	(897)	$	152
Total assets	$	111,709	$	9,705	$	11,040	$	57,019	$	189,473
2024
Net financing revenue and other interest income
Total financing revenue and other interest income	$	5,182	$	80	$	521	$	1,337	$	7,120
Total interest expense	2,075		27		289		1,397		3,788
Net depreciation expense on operating lease assets	347		—		—		—		347
Net financing revenue and other interest income	2,760		53		232		(60)		2,985
Other revenue	190		722		53		70		1,035
Total net revenue	2,950		775		285		10		4,020
Provision for credit losses	831		—		2		131		964
Noninterest expense
Compensation and benefits expense	338		54		44		525		961
Insurance losses and loss adjustment expenses	—		293		—		—		293

Other operating expenses
Technology and communications expenses	63		9		3		134		209
Other (b)	654		389		27		61		1,131
Total other operating expenses	717		398		30		195		1,340
Total noninterest expense	1,055		745		74		720		2,594
Income (loss) from continuing operations before income tax expense (benefit)	$	1,064	$	30	$	209	$	(841)	$	462
Total assets	$	115,524	$	9,174	$	9,869	$	57,812	$	192,379

(a)Net financing revenue and other interest income after the provision for credit losses totaled $2.4 billion and $2.0 billion for the six months ended June 30, 2025, and 2024, respectively.

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