Ally Financial (ALLY) 10-Q 1 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 28, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	1-3754
Entity Registrant Name	Ally Financial Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	38-0572512
Entity Address, Address Description	Ally Detroit Center
Entity Address, Address Line One	500 Woodward Avenue
Entity Address, Address Line Two	Floor 10
Entity Address, City or Town	Detroit
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48226
City Area Code	866
Local Phone Number	710-4623
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	ALLY
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		308,529,835
Entity Central Index Key	0000040729
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statement of Income - USD ($) shares in Thousands, $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2022		Jun. 30, 2021	Jun. 30, 2022		Jun. 30, 2021
Financing revenue and other interest income
Interest and fees on finance receivables and loans		$ 1,842		$ 1,588	$ 3,556		$ 3,170
Interest on loans held-for-sale		4		4	8		9
Interest and dividends on investment securities and other earning assets		203		147	391		278
Interest on cash and cash equivalents		5		4	7		8
Operating leases		396		384	799		754
Total financing revenue and other interest income		2,450		2,127	4,761		4,219
Interest expense
Interest on deposits		263		268	474		574
Interest on short-term borrowings		19		0	24		1
Interest on long-term debt		184		230	369		480
Interest on other		1		0	1		0
Total interest expense		467		498	868		1,055
Net depreciation expense on operating lease assets		219		82	436		245
Net financing revenue and other interest income		1,764		1,547	3,457		2,919
Other revenue
Insurance premiums and service revenue earned		280		278	560		558
Gain on mortgage and automotive loans, net		4		19	18		55
Loss on extinguishment of debt		0		(73)	0		(74)
Other (loss) gain on investments, net		(124)		65	(119)		188
Other income, net of losses		152		249	295		376
Total other revenue		312		538	754		1,103
Total net revenue		2,076		2,085	4,211		4,022
Provision for credit losses		304		(32)	471		(45)
Noninterest expense
Compensation and benefits expense		437		446	930		841
Insurance losses and loss adjustment expenses		89		74	147		137
Other operating expenses		612		555	1,183		1,040
Total noninterest expense		1,138		1,075	2,260		2,018
Income from continuing operations before income tax expense		634		1,042	1,480		2,049
Income tax expense from continuing operations		152		143	343		354
Net income from continuing operations		482	[1]	899	1,137	[1]	1,695	[1]
Income from discontinued operations, net of tax		0		1	0		1
Net income		482		900	1,137		1,696
Other comprehensive (loss) income, net of tax		(1,218)		189	(2,851)		(415)
Comprehensive (loss) income		(736)		1,089	(1,714)		1,281
Net income from continuing operations attributable to common stockholders	[1]	454		899	1,081		1,695
Income from discontinued operations, net of tax	[1]	0		1	0		1
Net income attributable to common stockholders	[1]	$ 454		$ 900	$ 1,081		$ 1,696
Basic weighted-average common shares outstanding	[1],[2]	322,057		370,412	328,830		372,807
Diluted weighted-average common shares outstanding	[1],[2]	324,027		373,029	330,882		375,265
Basic earnings per common share
Net income from continuing operations (in dollars per share)	[1]	$ 1.41		$ 2.43	$ 3.29		$ 4.55
Net income (in dollars per share)	[1]	1.41		2.43	3.29		4.55
Diluted earnings per common share
Net income from continuing operations (in dollars per share)	[1]	1.40		2.41	3.27		4.52
Net income (in dollars per share)	[1]	1.40		2.41	3.27		4.52
Cash dividends declared per common share (in dollars per share)	[1]	$ 0.30		$ 0.19	$ 0.60		$ 0.38
[1]Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.[2]Includes shares related to share-based compensation that vested but were not yet issued.

Condensed Consolidated Balance

Condensed Consolidated Balance Sheet - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Cash and cash equivalents
Noninterest-bearing		$ 801	$ 502
Interest-bearing		3,366	4,560
Total cash and cash equivalents		4,167	5,062
Equity securities		735	1,102
Available-for-sale securities (amortized cost of $35,592 and $33,650)	[1]	31,743	33,587
Held-to-maturity securities (fair value of $998 and $1,204)		1,112	1,170
Loans held-for-sale, net		798	549
Finance receivables and loans, net
Finance receivables and loans, net of unearned income		128,457	122,268
Allowance for loan losses		(3,450)	(3,267)
Total finance receivables and loans, net		125,007	119,001
Investment in operating leases, net		10,516	10,862
Premiums receivable and other insurance assets		2,743	2,724
Other assets		8,882	8,057
Total assets		185,703	182,114
Deposit liabilities
Noninterest-bearing		185	150
Interest-bearing		140,216	141,408
Total deposit liabilities		140,401	141,558
Short-term borrowings		7,775	0
Long-term debt		16,984	17,029
Interest payable		270	210
Unearned insurance premiums and service revenue		3,490	3,514
Accrued expenses and other liabilities		2,799	2,753
Total liabilities		171,719	165,064
Contingencies (refer to Note 24)
Equity [Abstract]
Common stock and paid-in capital ($0.01 par value, shares authorized 1,100,000,000; issued 506,940,912 and 504,521,535; and outstanding 312,781,366 and 337,940,636)		21,762	21,671
Preferred stock		2,324	2,324
Accumulated deficit		(721)	(1,599)
Accumulated other comprehensive loss		(3,009)	(158)
Treasury stock, at cost (194,159,546 and 166,580,899 shares)		(6,372)	(5,188)
Total equity		13,984	17,050
Total liabilities and equity		$ 185,703	$ 182,114
[1]Refer to Note 7 for discussion of investment securities pledged as collateral.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Available-for-sale securities, amortized cost	$ 35,521	$ 33,650
Held-to-maturity securities, fair value	$ 998	$ 1,204
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	1,100,000,000	1,100,000,000
Common stock, shares issued (in shares)	506,940,912	504,521,535
Common stock, shares outstanding (in shares)	312,781,366	337,940,636
Treasury stock, shares (in shares)	194,159,546	166,580,899

Condensed Consolidated Balanc_3

Condensed Consolidated Balance Sheet (VIEs) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Total finance receivables and loans		$ 128,457	$ 122,268
Allowance for loan losses		(3,450)	(3,267)
Finance receivables and loans, net		125,007	119,001
Other assets		8,882	8,057
Total assets		185,703	182,114
Long-term debt		16,984	17,029
Accrued expenses and other liabilities		2,799	2,753
Total liabilities		171,719	165,064
Consumer
Total finance receivables and loans		103,683	98,226
Consumer | Automotive loan
Total finance receivables and loans		81,691	78,252
Allowance for loan losses		(2,885)	(2,769)
Finance receivables and loans, net		9,960	9,122
Consumer | Other
Total finance receivables and loans		2,747	1,962
Allowance for loan losses		(303)	(221)
On-balance sheet variable interest entities
Allowance for loan losses		(264)	(278)
Finance receivables and loans, net		7,461	6,946
Other assets		546	563
Total assets		8,007	7,509
Long-term debt		1,500	1,337
Accrued expenses and other liabilities		2	2
Total liabilities		1,502	1,339
On-balance sheet variable interest entities | Consumer | Automotive loan
Total finance receivables and loans		7,725	6,871
Total assets		18,613	18,158
Total liabilities		1,622	1,162
On-balance sheet variable interest entities | Consumer | Other
Total finance receivables and loans	[1]	$ 0	353
Total assets			318
Total liabilities			$ 300
[1]Comprised of credit card finance receivables and loans, net.

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Changes in Equity - USD ($) $ in Millions	Total	Series B Preferred Stock	Series C Preferred Stock	Common stock and paid-in capital	Preferred stock	Preferred stock Series B Preferred Stock	Preferred stock Series C Preferred Stock	Accumulated deficit	Accumulated deficit Series B Preferred Stock	Accumulated deficit Series C Preferred Stock	Accumulated other comprehensive income (loss)	Treasury stock
Beginning balance at Dec. 31, 2020	$ 14,703			$ 21,544	$ 0			$ (4,278)			$ 631	$ (3,194)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,696							1,696
Net proceeds from issuance of series preferred stock		$ 1,335	$ 989			$ 1,335	$ 989
Share-based compensation	87			87
Other comprehensive income (loss)	(415)										(415)
Common stock repurchases	(721)											(721)
Common stock dividends	(144)							(144)
Ending balance at Jun. 30, 2021	17,530			21,631	2,324			(2,726)			216	(3,915)
Beginning balance at Mar. 31, 2021	14,625			21,566	0			(3,555)			27	(3,413)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	900							900
Net proceeds from issuance of series preferred stock		1,335	989			$ 1,335	$ 989
Share-based compensation	65			65
Other comprehensive income (loss)	189										189
Common stock repurchases	(502)											(502)
Common stock dividends	(71)							(71)
Ending balance at Jun. 30, 2021	17,530			21,631	2,324			(2,726)			216	(3,915)
Beginning balance at Dec. 31, 2021	17,050			21,671	2,324			(1,599)			(158)	(5,188)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,137							1,137
Share-based compensation	91			91
Other comprehensive income (loss)	(2,851)										(2,851)
Common stock repurchases	(1,184)											(1,184)
Common stock dividends	(203)							(203)
Preferred stock dividends		(32)	(24)						$ (32)	$ (24)
Ending balance at Jun. 30, 2022	13,984			21,762	2,324			(721)			(3,009)	(6,372)
Beginning balance at Mar. 31, 2022	15,413			21,728	2,324			(1,076)			(1,791)	(5,772)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	482							482
Share-based compensation	34			34
Other comprehensive income (loss)	(1,218)										(1,218)
Common stock repurchases	(600)											(600)
Common stock dividends	(99)							(99)
Preferred stock dividends		$ (16)	$ (12)						$ (16)	$ (12)
Ending balance at Jun. 30, 2022	$ 13,984			$ 21,762	$ 2,324			$ (721)			$ (3,009)	$ (6,372)

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Changes in Equity (Parenthetical) - $ / shares	3 Months Ended					6 Months Ended
	Jun. 30, 2022		Dec. 31, 2021	Jun. 30, 2021		Jun. 30, 2022		Jun. 30, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends declared per common share (in dollars per share)	$ 0.30	[1]	$ 0.25	$ 0.19	[1]	$ 0.60	[1]	$ 0.38	[1]
[1]Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021
Operating activities
Net income		$ 1,137	$ 1,696
Reconciliation of net income to net cash provided by operating activities
Depreciation and amortization		666	640
Provision for credit losses		471	(45)
Gain on mortgage and automotive loans, net		(18)	(55)
Other (loss) gain on investments, net		119	(188)
Loss on extinguishment of debt		0	74
Originations and purchases of loans held-for-sale		(2,484)	(2,154)
Proceeds from sales and repayments of loans held-for-sale		2,277	2,230
Net change in
Deferred income taxes		331	(675)
Interest payable		60	(48)
Other assets		912	2
Other liabilities		(19)	231
Other, net		20	(86)
Net cash provided by operating activities		3,472	1,622
Investing activities
Purchases of equity securities		(499)	(724)
Proceeds from sales of equity securities		720	944
Purchases of available-for-sale securities		(5,495)	(14,376)
Proceeds from sales of available-for-sale securities		716	2,788
Proceeds from repayments of available-for-sale securities		2,675	6,539
Purchases of held-to-maturity securities		(47)	(97)
Proceeds from repayments of held-to-maturity securities		105	223
Purchases of finance receivables and loans held-for-investment		(3,838)	(3,500)
Proceeds from sales of finance receivables and loans initially held-for-investment		3	376
Originations and repayments of finance receivables and loans held-for-investment and other, net		(3,141)	9,095
Purchases of operating lease assets		(1,799)	(3,026)
Disposals of operating lease assets		1,716	1,775
Net change in nonmarketable equity investments		(246)	93
Other, net		(305)	(201)
Net cash used in investing activities		(9,435)	(91)
Financing activities
Net change in short-term borrowings		7,775	(2,136)
Net (decrease) increase in deposits		(1,159)	2,060
Proceeds from issuance of long-term debt		4,216	194
Repayments of long-term debt		(4,292)	(3,800)
Purchases of land and buildings in satisfaction of finance lease liabilities		(44)	0
Repurchases of common stock		(1,184)	(721)
Preferred stock issuance		0	2,326
Trust preferred securities redemption		0	(1,442)
Common stock dividends paid		(203)	(144)
Preferred stock dividends paid		(56)	0
Net cash provided by (used in) financing activities		5,053	(3,663)
Effect of exchange-rate changes on cash and cash equivalents and restricted cash		(1)	3
Net decrease in cash and cash equivalents and restricted cash		(911)	(2,129)
Cash and cash equivalents and restricted cash at beginning of year		5,670	16,574
Cash and cash equivalents and restricted cash at June 30,		4,759	14,445
Cash paid (received) for
Interest		772	1,057
Income taxes		(429)	1,212
Noncash items
Loans held-for-sale transferred to finance receivables and loans held-for-investment		25	5
Additions of property and equipment		0	46
Finance receivables and loans held-for-investment transferred to loans held-for-sale		0	414
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]
Cash and cash equivalents on the Condensed Consolidated Balance Sheet		4,167	13,664
Restricted cash included in other assets on the Consolidated Balance Sheet	[1]	592	781
Total cash and cash equivalents and restricted cash in the Condensed Consolidated Statement of Cash Flows		$ 4,759	$ 14,445
[1]Restricted cash balances relate primarily to our securitization arrangements. Refer to Note 11 for additional details describing the nature of restricted cash balances.

Description of Business, Basis

Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies	Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies Ally Financial Inc. (together with its consolidated subsidiaries unless the context otherwise requires, Ally, the Company, we, us, or our) is a digital financial-services company committed to its promise to “Do It Right” for its consumer, commercial, and corporate customers. Ally is composed of an industry-leading independent automotive finance and insurance operation, an award-winning digital direct bank (Ally Bank, Member FDIC and Equal Housing Lender, which offers mortgage lending, point-of-sale personal lending, and a variety of deposit and other banking products), a consumer credit card business, a corporate finance business for equity sponsors and middle-market companies, and securities brokerage and investment advisory services. We are a Delaware corporation and are registered as a BHC under the BHC Act, and an FHC under the GLB Act. Our accounting and reporting policies conform to U.S. GAAP. Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. Certain reclassifications may have been made to the prior periods’ financial statements and notes to conform to the current period’s presentation, which did not have a material impact on our Condensed Consolidated Financial Statements. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and that affect income and expenses during the reporting period and related disclosures. In developing the estimates and assumptions, management uses all available evidence; however, actual results could differ because of uncertainties associated with estimating the amounts, timing, and likelihood of possible outcomes. Our most significant estimates pertain to the allowance for loan losses, valuations of automotive lease assets and residuals, fair value of financial instruments, and the determination of the provision for income taxes. The Condensed Consolidated Financial Statements at June 30, 2022, and for the three months and six months ended June 30, 2022, and 2021, are unaudited but reflect all adjustments that are, in management’s opinion, necessary for the fair presentation of the results for the interim periods presented. All such adjustments are of a normal recurring nature. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements (and the related Notes) included in our Annual Report on Form 10-K for the year ended December 31, 2021, as filed on February 25, 2022, with the SEC. Significant Accounting Policies Income Taxes In calculating the provision for interim income taxes, in accordance with ASC 740, Income Taxes , we apply an estimated annual effective tax rate to year-to-date ordinary income. At the end of each interim period, we estimate the effective tax rate expected to be applicable for the full fiscal year. This method differs from that described in Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K, which describes our annual significant income tax accounting policy and related methodology. Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K regarding additional significant accounting policies. Recently Issued Accounting Standards Fair Value Hedging—Portfolio Layer Method (ASU 2022-01) In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method . The purpose of this guidance is to expand the current last-of-layer method to allow multiple hedged layers of a single closed portfolio. This change will allow hedge accounting to be achieved using different types of derivatives and layering techniques, including the use of amortizing swaps with clarification that such a trade would be viewed as being a single layer. Under this expanded scope, both prepayable and nonprepayable financial assets may be included in a single closed portfolio hedge. In addition, the guidance provides clarifications to breach requirements and disclosures. As a result of this change, the last-of-layer method has been renamed the portfolio layer method. The amendments are effective on January 1, 2023, with early adoption permitted. The amendments must be applied using a prospective approach and will not have a material impact upon adoption. Management is currently evaluating whether to early adopt the amendments. Troubled Debt Restructurings and Vintage Disclosures (ASU 2022-02) In March 2022, the FASB issued ASU 2022-02, Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures . The purpose of this guidance is twofold. First, the guidance eliminates TDR recognition and measurement guidance that has been deemed no longer necessary under CECL. The guidance also adds a requirement to incorporate current year gross charge-offs by origination year into the vintage tables. With respect to the TDR impacts, under CECL, credit losses for financial assets measured at amortized cost are determined based on the total current expected credit losses over the life of the financial asset or group of financial assets. Therefore, credit losses on financial assets that have been modified as TDRs would have largely been incorporated in the allowance upon initial recognition. Under ASU 2022-02, we will be required to evaluate whether loan modifications previously characterized as TDRs represent a new loan or a continuation of an existing loan in accordance with ASC Topic 310, Receivables . The guidance also adds new disclosures that will require an entity to provide information related to loan modifications that are made to borrowers that are deemed to be in financial difficulty. The amendments are effective on January 1, 2023, with early adoption permitted. The amendments must be applied using a prospective approach; however, for the transition away from TDRs, the amendments may be adopted using a modified retrospective approach with a cumulative-effect adjustment through retained earnings as of the beginning of the fiscal year upon adoption. Management is currently evaluating the impact of these amendments. Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions (ASU 2022-03) In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions . The purpose of this guidance is to clarify that a contractual restriction on the ability to sell an equity security is not considered part of the unit of account of the equity security, and therefore should not be considered when measuring the equity security’s fair value. Additionally, an entity cannot separately recognize and measure a contractual-sale restriction. This guidance also adds specific disclosures related to equity securities that are subject to contractual-sale restrictions, including (1) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (2) the nature and remaining duration of the restrictions, and (3) the circumstances that could cause a lapse in the restrictions. The amendments are effective on January 1, 2024, with early adoption permitted. The amendments must be applied using a prospective approach with any adjustments from the adoption of the amendments recognized in earnings and disclosed upon adoption. Management does not expect the impact of these amendments to be material.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions On December 1, 2021, we acquired 100% of the equity of Fair Square Financial Holdings LLC and its subsidiaries, including Fair Square Financial LLC (collectively, Fair Square) for $741 million in cash. Fair Square, which we rebranded Ally Credit Card, is a digital-first, nonbank credit-card company that operates in the United States. Fair Square operates as a wholly owned subsidiary of Ally. We applied the acquisition method of accounting to this transaction, which generally requires the initial recognition of assets acquired, including identifiable intangible assets, and liabilities assumed at their respective fair value. Goodwill is recognized as the excess of the acquisition price after the recognition of the net assets, including the identifiable intangible assets. Beginning in December 2021, financial information related to Fair Square is included within Corporate and Other. The following table summarizes the allocation of cash consideration paid for Fair Square and the amounts of the identifiable assets acquired and liabilities assumed at the acquisition date. ($ in millions) Purchase price Cash consideration $ 741 Allocation of purchase price to net assets acquired Finance receivables and loans (a) 870 Intangible assets (b) 98 Cash and short-term investments 42 Other assets 46 Debt (765) Other liabilities (29) Goodwill $ 479 (a) Includes $22 million of PCD loans that have experienced a more-than-insignificant deterioration of credit quality since origination. We recognized an initial allowance for loan losses of $12 million on these PCD loans. (b) The weighted average amortization period on the acquired intangible assets is 7 years. Refer to Note 11 for further information on our intangible assets. The goodwill of $479 million arising from the acquisition consists largely of expected growth of the business as we leverage the Ally brand and our marketing capabilities to scale the acquired credit card provider and expand the suite of financial products we offer to our existing growing customer base. The goodwill recognized is generally expected to be amortized for income tax purposes over a 15-year period. Refer to Note 11 for the carrying amount of goodwill at the beginning and end of the reporting period.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Our primary revenue sources, which include financing revenue and other interest income, are addressed by other GAAP and are not in the scope of ASC Topic 606, Revenue from Contracts with Customers. As part of our Insurance operations, we recognize revenue from insurance contracts, which are addressed by other GAAP and are not included in the scope of this standard. Certain noninsurance contracts within our Insurance operations, including VSCs, GAP contracts, and VMCs, are included in the scope of this standard. All revenue associated with noninsurance contracts is recognized over the contract term on a basis proportionate to the anticipated cost emergence. Further, commissions and sales expense incurred to obtain these contracts are amortized over the terms of the related policies and service contracts on the same basis as premiums and service revenue are earned, and all advertising costs are recognized as expense when incurred. The following tables present a disaggregated view of our revenue from contracts with customers. For further information regarding our revenue recognition policies and details about the nature of our respective revenue streams, refer to Note 1 and Note 3 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K. Three months ended June 30, ($ in millions) Automotive Finance operations Insurance operations Mortgage Finance operations Corporate Finance operations Corporate and Other Consolidated 2022 Revenue from contracts with customers Noninsurance contracts (a) (b) (c) $ — $ 163 $ — $ — $ — $ 163 Remarketing fee income 29 — — — — 29 Brokerage commissions and other revenue — — — — 13 13 Banking fees and interchange income (d) (e) — — — — 10 10 Brokered/agent commissions — 4 — — — 4 Other 6 — — — 1 7 Total revenue from contracts with customers 35 167 — — 24 226 All other revenue 37 (9) 4 19 35 86 Total other revenue (f) $ 72 $ 158 $ 4 $ 19 $ 59 $ 312 2021 Revenue from contracts with customers Noninsurance contracts (a) (b) (c) $ — $ 158 $ — $ — $ — $ 158 Remarketing fee income 27 — — — — 27 Brokerage commissions and other revenue — — — — 13 13 Banking fees and interchange income (d) — — — — 5 5 Brokered/agent commissions — 4 — — — 4 Other 6 — — — 2 8 Total revenue from contracts with customers 33 162 — — 20 215 All other revenue 28 182 22 33 58 323 Total other revenue (f) $ 61 $ 344 $ 22 $ 33 $ 78 $ 538 (a) We had opening balances of $3.0 billion in unearned revenue associated with outstanding contracts at both April 1, 2022, and 2021, and $234 million and $228 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the three months ended June 30, 2022, and 2021, respectively. (b) At June 30, 2022, we had unearned revenue of $3.0 billion associated with outstanding contracts, and with respect to this balance we expect to recognize revenue of $443 million during the remainder of 2022, $825 million in 2023, $681 million in 2024, $488 million in 2025, and $580 million thereafter. At June 30, 2021, we had unearned revenue of $3.1 billion associated with outstanding contracts. (c) We had deferred insurance assets of $1.8 billion at both April 1, 2022, and June 30, 2022, and recognized $140 million of expense during the three months ended June 30, 2022. We had deferred insurance assets of $1.8 billion and $1.9 billion at April 1, 2021, and June 30, 2021, respectively, and recognized $133 million of expense during the three months ended June 30, 2021. (d) Effective May 25, 2021, we eliminated all overdraft fees for Ally Bank deposit accounts. (e) Interchange income is reported net of customer rewards. Customer rewards expense was $3 million for the three months ended June 30, 2022. (f) Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments. Six months ended June 30, ($ in millions) Automotive Finance operations Insurance operations Mortgage Finance operations Corporate Finance operations Corporate and Other Consolidated 2022 Revenue from contracts with customers Noninsurance contracts (a) (b) $ — $ 325 $ — $ — $ — $ 325 Remarketing fee income 56 — — — — 56 Brokerage commissions and other revenue — — — — 24 24 Banking fees and interchange income (c) (d) — — — — 21 21 Brokered/agent commissions — 8 — — — 8 Other 11 — — — 2 13 Total revenue from contracts with customers 67 333 — — 47 447 All other revenue 73 95 18 43 78 307 Total other revenue (e) $ 140 $ 428 $ 18 $ 43 $ 125 $ 754 2021 Revenue from contracts with customers Noninsurance contracts (a) (b) $ — $ 313 $ — $ — $ — $ 313 Remarketing fee income 54 — — — — 54 Brokerage commissions and other revenue — — — — 33 33 Banking fees and interchange income (c) — — — — 11 11 Brokered/agent commissions — 8 — — — 8 Other 12 — — — 2 14 Total revenue from contracts with customers 66 321 — — 46 433 All other revenue 57 402 62 59 90 670 Total other revenue (e) $ 123 $ 723 $ 62 $ 59 $ 136 $ 1,103 (a) We had opening balances of $3.1 billion and $3.0 billion in unearned revenue associated with outstanding contracts at January 1, 2022, and 2021, respectively, and $465 million and $453 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the six months ended June 30, 2022, and 2021, respectively. (b) We had deferred insurance assets of $1.9 billion and $1.8 billion at January 1, 2022, and June 30, 2022, respectively, and recognized $277 million of expense during the six months ended June 30, 2022. We had deferred insurance assets of $1.8 billion and $1.9 billion at January 1, 2021, and June 30, 2021, respectively, and recognized $265 million of expense during the six months ended June 30, 2021. (c) Effective May 25, 2021, we eliminated all overdraft fees for Ally Bank deposit accounts. (d) Interchange income is reported net of customer rewards. Customer rewards expense was $6 million for the six months ended June 30, 2022. (e) Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments. In addition to the components of other revenue presented above, as part of our Automotive Finance operations, we recognized net remarketing gains of $50 million and $100 million for the three months and six months ended June 30, 2022, respectively, compared to $128 million and $192 million for the same periods in 2021, on the sale of off-lease vehicles. These gains are included in depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income.

Other Income, Net of Losses

Other Income, Net of Losses	6 Months Ended
	Jun. 30, 2022
Other Nonoperating Income (Expense) [Abstract]
Other Income, Net of Losses	Other Income, Net of Losses Details of other income, net of losses, were as follows. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Late charges and other administrative fees $ 38 $ 29 $ 75 $ 60 Remarketing fees 29 27 56 54 Income from equity-method investments 25 31 45 45 Gain on nonmarketable equity investments, net 3 99 2 103 Other, net 57 63 117 114 Total other income, net of losses $ 152 $ 249 $ 295 $ 376

Reserves for Insurance Losses a

Reserves for Insurance Losses and Loss Adjustment Expenses	6 Months Ended
	Jun. 30, 2022
Short-Duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net [Abstract]
Reserves for Insurance Losses and Loss Adjustment Expenses	Reserves for Insurance Losses and Loss Adjustment Expenses The following table shows a rollforward of our reserves for insurance losses and loss adjustment expenses. ($ in millions) 2022 2021 Total gross reserves for insurance losses and loss adjustment expenses at January 1, $ 122 $ 129 Less: Reinsurance recoverable 81 90 Net reserves for insurance losses and loss adjustment expenses at January 1, 41 39 Net insurance losses and loss adjustment expenses incurred related to: Current year 151 136 Prior years (a) (4) 1 Total net insurance losses and loss adjustment expenses incurred 147 137 Net insurance losses and loss adjustment expenses paid or payable related to: Current year (114) (108) Prior years (24) (27) Total net insurance losses and loss adjustment expenses paid or payable (138) (135) Net reserves for insurance losses and loss adjustment expenses at June 30, 50 41 Plus: Reinsurance recoverable 81 85 Total gross reserves for insurance losses and loss adjustment expenses at June 30, $ 131 $ 126 (a) There have been no material adverse changes to the reserve for prior years.

Other Operating Expenses

Other Operating Expenses	6 Months Ended
	Jun. 30, 2022
Operating Expenses [Abstract]
Other Operating Expenses	Other Operating Expenses Details of other operating expenses were as follows. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Insurance commissions $ 151 $ 138 $ 300 $ 274 Technology and communications 100 81 197 159 Advertising and marketing 77 45 149 86 Lease and loan administration 54 57 105 112 Professional services 47 28 90 61 Property and equipment depreciation 41 38 80 74 Regulatory and licensing fees 22 17 48 35 Vehicle remarketing and repossession 22 17 42 38 Amortization of intangible assets (a) 8 4 16 9 Charitable contributions (b) 6 54 7 55 Other 84 76 149 137 Total other operating expenses $ 612 $ 555 $ 1,183 $ 1,040 (a) Refer to Note 11 for further information on our intangible assets. (b) Includes contributions made to the Ally Charitable Foundation, a nonconsolidated entity.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities Our investment portfolio includes various debt and equity securities. Our debt securities, which are classified as available-for-sale or held-to-maturity, include government securities, corporate bonds, asset-backed securities, and mortgage-backed securities. The cost, fair value, and gross unrealized gains and losses on available-for-sale and held-to-maturity securities were as follows. June 30, 2022 December 31, 2021 Amortized cost Gross unrealized Fair value Amortized cost Gross unrealized Fair value ($ in millions) gains losses gains losses Available-for-sale securities Debt securities U.S. Treasury and federal agencies $ 2,561 $ — $ (187) $ 2,374 $ 2,173 $ 2 $ (20) $ 2,155 U.S. States and political subdivisions 859 1 (72) 788 841 27 (4) 864 Foreign government 161 — (12) 149 157 2 (2) 157 Agency mortgage-backed residential 19,956 1 (2,098) 17,859 19,044 219 (224) 19,039 Mortgage-backed residential 5,249 — (595) 4,654 4,448 11 (34) 4,425 Agency mortgage-backed commercial 4,343 3 (616) 3,730 4,573 66 (113) 4,526 Asset-backed 496 — (21) 475 536 1 (3) 534 Corporate debt 1,896 — (182) 1,714 1,878 30 (21) 1,887 Total available-for-sale securities (a) (b) (c) (d) (e) $ 35,521 $ 5 $ (3,783) $ 31,743 $ 33,650 $ 358 $ (421) $ 33,587 Held-to-maturity securities Debt securities Agency mortgage-backed residential $ 1,112 $ — $ (114) $ 998 $ 1,170 $ 48 $ (14) $ 1,204 Total held-to-maturity securities (e) (f) $ 1,112 $ — $ (114) $ 998 $ 1,170 $ 48 $ (14) $ 1,204 (a) Certain entities related to our Insurance operations are required to deposit securities with state regulatory authorities. These deposited securities totaled $12 million and $13 million at June 30, 2022, and December 31, 2021, respectively. (b) Certain available-for-sale securities are included in fair value hedging relationships. Refer to Note 19 for additional information. (c) Available-for-sale securities with a fair value of $3.7 billion and $203 million at June 30, 2022, and December 31, 2021, respectively, were pledged to secure advances from the FHLB for short-term borrowings and for other purposes as required by contractual obligation or law. Under these agreements, we granted the counterparty the right to sell or pledge $304 million and $203 million of the underlying available-for-sale securities at June 30, 2022, and December 31, 2021, respectively. (d) Totals do not include accrued interest receivable, which was $90 million and $84 million at June 30, 2022, and December 31, 2021, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet. (e) There was no allowance for credit losses recorded at both June 30, 2022, or December 31, 2021, as management determined that there were no expected credit losses in our portfolio of available-for-sale and held-to-maturity securities. (f) Totals do not include accrued interest receivable, which was $3 million at both June 30, 2022, and December 31, 2021. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet. The maturity distribution of debt securities outstanding is summarized in the following tables based upon contractual maturities. Call or prepayment options may cause actual maturities to differ from contractual maturities. Total Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years ($ in millions) Amount Yield Amount Yield Amount Yield Amount Yield Amount Yield June 30, 2022 Fair value of available-for-sale securities (a) U.S. Treasury and federal agencies $ 2,374 1.4 % $ 275 1.0 % $ 602 1.1 % $ 1,497 1.6 % $ — — % U.S. States and political subdivisions 788 3.1 32 2.7 72 2.8 113 3.3 571 3.1 Foreign government 149 1.6 2 0.1 85 1.5 62 1.8 — — Agency mortgage-backed residential 17,859 2.5 — — — — 21 2.0 17,838 2.5 Mortgage-backed residential 4,654 2.7 — — — — 31 3.3 4,623 2.7 Agency mortgage-backed commercial 3,730 2.1 — — 24 3.1 1,031 2.3 2,675 2.0 Asset-backed 475 1.8 — — 407 1.8 61 1.4 7 3.4 Corporate debt 1,714 2.3 67 2.4 878 2.2 760 2.3 9 3.1 Total available-for-sale securities $ 31,743 2.4 $ 376 1.4 $ 2,068 1.8 $ 3,576 2.0 $ 25,723 2.5 Amortized cost of available-for-sale securities $ 35,521 $ 377 $ 2,183 $ 3,961 $ 29,000 Amortized cost of held-to-maturity securities Agency mortgage-backed residential $ 1,112 2.8 % $ — — % $ — — % $ — — % $ 1,112 2.8 % Total held-to-maturity securities $ 1,112 2.8 $ — — $ — — $ — — $ 1,112 2.8 December 31, 2021 Fair value of available-for-sale securities (a) U.S. Treasury and federal agencies $ 2,155 1.1 % $ 288 1.0 % $ 525 0.9 % $ 1,342 1.2 % $ — — % U.S. States and political subdivisions 864 3.0 26 1.6 77 2.8 128 3.3 633 3.0 Foreign government 157 1.9 2 2.1 97 2.0 58 1.8 — — Agency mortgage-backed residential 19,039 2.5 — — — — 26 2.0 19,013 2.5 Mortgage-backed residential 4,425 2.6 — — — — 23 2.9 4,402 2.6 Agency mortgage-backed commercial 4,526 1.9 — — 26 2.4 1,578 2.4 2,922 1.7 Asset-backed 534 1.9 — — 350 2.0 175 1.5 9 3.4 Corporate debt 1,887 2.3 54 2.9 830 2.3 994 2.3 9 2.5 Total available-for-sale securities $ 33,587 2.3 $ 370 1.3 $ 1,905 1.9 $ 4,324 2.0 $ 26,988 2.4 Amortized cost of available-for-sale securities $ 33,650 $ 368 $ 1,893 $ 4,291 $ 27,098 Amortized cost of held-to-maturity securities Agency mortgage-backed residential $ 1,170 2.8 % $ — — % $ — — % $ — — % $ 1,170 2.8 % Total held-to-maturity securities $ 1,170 2.8 $ — — $ — — $ — — $ 1,170 2.8 (a) Yield is calculated using the effective yield of each security at the end of the period, weighted based on the market value. The effective yield considers the contractual coupon and amortized cost, and excludes expected capital gains and losses. The balances of cash equivalents were $60 million and $40 million at June 30, 2022, and December 31, 2021, respectively, and were composed primarily of money-market funds and short-term securities, including U.S. Treasury bills. The following table presents interest and dividends on investment securities. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Taxable interest $ 186 $ 131 $ 360 $ 245 Taxable dividends 4 7 8 12 Interest and dividends exempt from U.S. federal income tax 5 5 10 10 Interest and dividends on investment securities $ 195 $ 143 $ 378 $ 267 The following table presents gross gains and losses realized upon the sales of available-for-sale securities, and net gains or losses on equity securities held during the period. Three months ended June 30, Six months ended June 30, ( $ in millions) 2022 2021 2022 2021 Available-for-sale securities Gross realized gains $ 3 $ 6 $ 21 $ 38 Net realized gain on available-for-sale securities 3 6 21 38 Net realized gain on equity securities 10 40 62 114 Net unrealized (loss) gain on equity securities (137) 19 (202) 36 Other (loss) gain on investments, net $ (124) $ 65 $ (119) $ 188 The following table presents the credit quality of our held-to-maturity securities, based on the latest available information as of June 30, 2022, and December 31, 2021. The credit ratings are sourced from nationally recognized statistical rating organizations, which include S&P, Moody’s, and Fitch. The ratings presented are a composite of the ratings sourced from the agencies or, if the ratings cannot be sourced from the agencies, are based on the asset type of the security. All of our held-to-maturity securities were current in their payment of principal and interest as of June 30, 2022, and December 31, 2021. We have not recorded any interest income reversals on our held-to-maturity securities during the six months ended June 30, 2022, or 2021. June 30, 2022 December 31, 2021 ($ in millions) AA Total (a) AA Total (a) Debt securities Agency mortgage-backed residential $ 1,112 $ 1,112 $ 1,170 $ 1,170 Total held-to-maturity securities $ 1,112 $ 1,112 $ 1,170 $ 1,170 (a) Rating agencies indicate that they base their ratings on many quantitative and qualitative factors, which may include capital adequacy, liquidity, asset quality, business mix, level and quality of earnings, and the current operating, legislative, and regulatory environment. A credit rating is not a recommendation to buy, sell, or hold securities, and the ratings are subject to revision or withdrawal at any time by the assigning rating agency. The following table summarizes available-for-sale securities in an unrealized loss position, which we evaluated to determine if a credit loss exists requiring the recognition of an allowance for credit losses. For additional information on our methodology, refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K. As of June 30, 2022, and December 31, 2021, we did not have the intent to sell the available-for-sale securities with an unrealized loss position and we do not believe it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis. We have not recorded any interest income reversals on our available-for-sale securities during the six months ended June 30, 2022, or 2021. June 30, 2022 December 31, 2021 Less than 12 months 12 months or longer Less than 12 months 12 months or longer ($ in millions) Fair value Unrealized loss Fair value Unrealized loss Fair value Unrealized loss Fair value Unrealized loss Available-for-sale securities Debt securities U.S. Treasury and federal agencies $ 1,965 $ (137) $ 409 $ (50) $ 1,682 $ (20) $ — $ — U.S. States and political subdivisions 604 (68) 41 (4) 160 (3) 31 (1) Foreign government 121 (8) 25 (4) 76 (2) 7 — Agency mortgage-backed residential 13,719 (1,361) 4,044 (737) 12,244 (223) 38 (1) Mortgage-backed residential 4,319 (552) 267 (43) 3,243 (34) 22 — Agency mortgage-backed commercial 2,753 (419) 812 (197) 2,553 (70) 749 (43) Asset-backed 425 (21) 14 — 360 (3) — — Corporate debt 1,416 (134) 249 (48) 970 (18) 49 (3) Total available-for-sale securities $ 25,322 $ (2,700) $ 5,861 $ (1,083) $ 21,288 $ (373) $ 896 $ (48) During the six months ended June 30, 2022, and 2021, management determined that there were no expected credit losses for securities in an unrealized loss position. This analysis considered a variety of factors including, but not limited to, performance indicators of the issuer, default rates, industry analyst reports, credit ratings, and other relevant information, which indicated that contractual cash flows are expected to occur. As a result of this evaluation, management determined that no credit reserves were required at June 30, 2022, or December 31, 2021.

Finance Receivables and Loans,

Finance Receivables and Loans, Net	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Finance Receivables and Loans, Net	Finance Receivables and Loans, Net The composition of finance receivables and loans reported at amortized cost basis was as follows. ($ in millions) June 30, 2022 December 31, 2021 Consumer automotive (a) $ 81,691 $ 78,252 Consumer mortgage Mortgage Finance (b) 18,923 17,644 Mortgage — Legacy (c) 322 368 Total consumer mortgage 19,245 18,012 Consumer other Personal Lending (d) 1,523 1,009 Credit Card (e) 1,224 953 Total consumer other 2,747 1,962 Total consumer 103,683 98,226 Commercial Commercial and industrial Automotive 12,174 12,229 Other 7,486 6,874 Commercial real estate 5,114 4,939 Total commercial 24,774 24,042 Total finance receivables and loans (f) (g) $ 128,457 $ 122,268 (a) Certain finance receivables and loans are included in fair value hedging relationships. Refer to Note 19 for additional information. (b) Includes loans originated as interest-only mortgage loans of $4 million and $5 million at June 30, 2022, and December 31, 2021, respectively, of which all have exited the interest-only period. (c) Includes loans originated as interest-only mortgage loans of $18 million and $21 million at June 30, 2022, and December 31, 2021, respectively, of which all have exited the interest-only period. (d) Includes $7 million of finance receivables at both June 30, 2022, and December 31, 2021, for which we have elected the fair value option. (e) Refer to Note 2 for information regarding our acquisition of Ally Credit Card. (f) Totals include net unearned income, unamortized premiums and discounts, and deferred fees and costs of $2.4 billion and $2.3 billion at June 30, 2022, and December 31, 2021, respectively. (g) Totals do not include accrued interest receivable, which was $564 million and $514 million at June 30, 2022, and December 31, 2021, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet. Billed interest on our credit card loans is included within finance receivables and loans, net. The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans for the three months and six months ended June 30, 2022, and 2021, respectively. Three months ended June 30, 2022 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at April 1, 2022 $ 2,763 $ 26 $ 258 $ 254 $ 3,301 Charge-offs (b) (277) (1) (27) (26) (331) Recoveries 169 5 3 1 178 Net charge-offs (108) 4 (24) (25) (153) Provision for credit losses (c) 230 (3) 70 5 302 Other — (1) (1) 2 — Allowance at June 30, 2022 $ 2,885 $ 26 $ 303 $ 236 $ 3,450 (a) Excludes $7 million of finance receivables and loans at both April 1, 2022, and June 30, 2022, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies. (c) Excludes $2 million of provision for credit losses related to our reserve for unfunded commitments. The liability related to the reserve for unfunded commitments is included in accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet. Six months ended June 30, 2022 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at January 1, 2022 $ 2,769 $ 27 $ 221 $ 250 $ 3,267 Charge-offs (b) (553) (2) (51) (26) (632) Recoveries 332 8 4 2 346 Net charge-offs (221) 6 (47) (24) (286) Provision for credit losses (c) 337 (6) 129 9 469 Other — (1) — 1 — Allowance at June 30, 2022 $ 2,885 $ 26 $ 303 $ 236 $ 3,450 (a) Excludes $7 million of finance receivables and loans at both January 1, 2022, and June 30, 2022, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies. (c) Excludes $2 million of provision for credit losses related to our reserve for unfunded commitments. The liability related to the reserve for unfunded commitments is included in accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet. Three months ended June 30, 2021 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at April 1, 2021 $ 2,809 $ 26 $ 69 $ 248 $ 3,152 Charge-offs (b) (183) (2) (5) (7) (197) Recoveries 188 3 1 11 203 Net charge-offs 5 1 (4) 4 6 Provision for credit losses (12) (4) 8 (24) (32) Other — 1 (1) — — Allowance at June 30, 2021 $ 2,802 $ 24 $ 72 $ 228 $ 3,126 (a) Excludes $8 million of finance receivables and loans at both April 1, 2021, and June 30, 2021, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies. Six months ended June 30, 2021 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at January 1, 2021 $ 2,902 $ 33 $ 73 $ 275 $ 3,283 Charge-offs (b) (467) (4) (13) (21) (505) Recoveries 375 6 1 11 393 Net charge-offs (92) 2 (12) (10) (112) Provision for credit losses (8) (11) 11 (37) (45) Allowance at June 30, 2021 $ 2,802 $ 24 $ 72 $ 228 $ 3,126 (a) Excludes $8 million of finance receivables and loans at both January 1, 2021, and June 30, 2021, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies. The following table presents information about sales of finance receivables and loans and transfers of finance receivables and loans from held-for-investment to held-for-sale based on net carrying value. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Consumer mortgage $ 2 $ 84 $ 2 $ 413 Total sales and transfers $ 2 $ 84 $ 2 $ 413 The following table presents information about purchases of finance receivables and loans based on unpaid principal balance at the time of purchase. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Consumer automotive $ 1,558 $ 727 $ 2,051 $ 1,304 Consumer mortgage 808 1,744 1,633 1,932 Commercial 1 — 1 — Total purchases of finance receivables and loans $ 2,367 $ 2,471 $ 3,685 $ 3,236 Nonaccrual Loans The following tables present the amortized cost of our finance receivables and loans on nonaccrual status. All consumer or commercial finance receivables and loans that were 90 days or more past due were on nonaccrual status as of June 30, 2022, and December 31, 2021. June 30, 2022 ($ in millions) Nonaccrual status at Jan. 1, 2022 Nonaccrual status at Apr. 1, 2022 Nonaccrual status Nonaccrual with no allowance (a) Consumer automotive $ 1,078 $ 1,072 $ 1,073 $ 421 Consumer mortgage Mortgage Finance 59 51 42 33 Mortgage — Legacy 26 24 22 21 Total consumer mortgage 85 75 64 54 Consumer other Personal Lending 5 6 5 — Credit Card 11 14 18 — Total consumer other 16 20 23 — Total consumer 1,179 1,167 1,160 475 Commercial Commercial and industrial Automotive 33 3 4 4 Other 221 217 214 79 Commercial real estate 3 1 1 1 Total commercial 257 221 219 84 Total finance receivables and loans $ 1,436 $ 1,388 $ 1,379 $ 559 (a) Represents a component of nonaccrual status at end of period. December 31, 2021 ($ in millions) Nonaccrual status at Jan. 1, 2021 Nonaccrual status at Apr. 1, 2021 Nonaccrual status Nonaccrual with no allowance (a) Consumer automotive $ 1,256 $ 1,173 $ 1,078 $ 423 Consumer mortgage Mortgage Finance 67 63 59 39 Mortgage — Legacy 35 32 26 23 Total consumer mortgage 102 95 85 62 Consumer other Personal Lending 3 2 5 — Credit Card — — 11 — Total consumer other 3 2 16 — Total consumer 1,361 1,270 1,179 485 Commercial Commercial and industrial Automotive 40 17 33 32 Other 116 150 221 48 Commercial real estate 5 2 3 3 Total commercial 161 169 257 83 Total finance receivables and loans $ 1,522 $ 1,439 $ 1,436 $ 568 (a) Represents a component of nonaccrual status at end of period. We recorded interest income from cash payments associated with finance receivables and loans in nonaccrual status of $3 million and $6 million for the three months and six months ended June 30, 2022, respectively, compared to $3 million and $5 million for the three months and six months ended June 30, 2021, respectively. Credit Quality Indicators We evaluate the credit quality of our consumer loan portfolio based on the aging status of the loan and by payment activity. Loan delinquency reporting is generally based upon borrower payment activity, relative to the contractual terms of the loan. The following tables present the amortized cost basis of our consumer finance receivables and loans by credit quality indicator based on delinquency status and origination year. Origination year Revolving loans converted to term June 30, 2022 ($ in millions) 2022 2021 2020 2019 2018 2017 and prior Revolving loans Total Consumer automotive Current $ 21,265 $ 27,856 $ 13,276 $ 8,651 $ 4,735 $ 3,225 $ — $ — $ 79,008 30–59 days past due 168 701 355 297 188 166 — — 1,875 60–89 days past due 36 215 123 95 59 49 — — 577 90 or more days past due 10 76 43 40 28 34 — — 231 Total consumer automotive 21,479 28,848 13,797 9,083 5,010 3,474 — — 81,691 Consumer mortgage Mortgage Finance Current 1,565 10,777 2,017 854 617 2,965 — — 18,795 30–59 days past due 10 49 4 5 3 20 — — 91 60–89 days past due — 1 — — 2 3 — — 6 90 or more days past due 1 2 — 5 8 15 — — 31 Total Mortgage Finance 1,576 10,829 2,021 864 630 3,003 — — 18,923 Mortgage — Legacy Current — — — — — 68 212 19 299 30–59 days past due — — — — — 3 1 — 4 60–89 days past due — — — — — 1 — — 1 90 or more days past due — — — — — 12 4 2 18 Total Mortgage — Legacy — — — — — 84 217 21 322 Total consumer mortgage 1,576 10,829 2,021 864 630 3,087 217 21 19,245 Consumer other Personal Lending Current 830 568 79 9 2 1 — — 1,489 30–59 days past due 5 7 1 — — — — — 13 60–89 days past due 3 5 1 — — — — — 9 90 or more days past due 2 3 — — — — — — 5 Total Personal Lending (a) 840 583 81 9 2 1 — — 1,516 Credit Card Current — — — — — — 1,189 — 1,189 30–59 days past due — — — — — — 11 — 11 60–89 days past due — — — — — — 8 — 8 90 or more days past due — — — — — — 16 — 16 Total Credit Card — — — — — — 1,224 — 1,224 Total consumer other 840 583 81 9 2 1 1,224 — 2,740 Total consumer $ 23,895 $ 40,260 $ 15,899 $ 9,956 $ 5,642 $ 6,562 $ 1,441 $ 21 $ 103,676 (a) Excludes $7 million of finance receivables at June 30, 2022, for which we have elected the fair value option. Origination year Revolving loans converted to term December 31, 2021 ($ in millions) 2021 2020 2019 2018 2017 2016 and prior Revolving loans Total Consumer automotive Current $ 35,222 $ 17,218 $ 11,512 $ 6,692 $ 3,403 $ 1,911 $ — $ — $ 75,958 30–59 days past due 424 353 334 226 139 101 — — 1,577 60–89 days past due 115 114 108 70 41 28 — — 476 90 or more days past due 41 51 56 40 27 26 — — 241 Total consumer automotive 35,802 17,736 12,010 7,028 3,610 2,066 — — 78,252 Consumer mortgage Mortgage Finance Current 10,169 2,212 977 744 1,041 2,363 — — 17,506 30–59 days past due 50 3 3 7 2 12 — — 77 60–89 days past due 8 — 1 — — 5 — — 14 90 or more days past due — — 5 16 7 19 — — 47 Total Mortgage Finance 10,227 2,215 986 767 1,050 2,399 — — 17,644 Mortgage — Legacy Current — — — — — 79 238 23 340 30–59 days past due — — — — — 2 1 — 3 60–89 days past due — — — — — 1 — 1 2 90 or more days past due — — — — — 15 5 3 23 Total Mortgage — Legacy — — — — — 97 244 27 368 Total consumer mortgage 10,227 2,215 986 767 1,050 2,496 244 27 18,012 Consumer other Personal Lending Current 821 133 18 5 1 — — — 978 30–59 days past due 9 2 — — — — — — 11 60–89 days past due 6 1 1 — — — — — 8 90 or more days past due 4 1 — — — — — — 5 Total Personal Lending (a) 840 137 19 5 1 — — — 1,002 Credit Card Current — — — — — — 932 — 932 30–59 days past due — — — — — — 6 — 6 60–89 days past due — — — — — — 5 — 5 90 or more days past due — — — — — — 10 — 10 Total Credit Card — — — — — — 953 — 953 Total consumer other 840 137 19 5 1 — 953 — 1,955 Total consumer $ 46,869 $ 20,088 $ 13,015 $ 7,800 $ 4,661 $ 4,562 $ 1,197 $ 27 $ 98,219 (a) Excludes $7 million of finance receivables at December 31, 2021, for which we have elected the fair value option. We evaluate the credit quality of our commercial loan portfolio using regulatory risk ratings, which are based on relevant information about the borrower’s financial condition, including current financial information, historical payment experience, credit documentation, and current economic trends, among other factors. We use the following definitions for risk rankings below Pass. • Special mention — Loans that have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date. • Substandard — Loans that are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. These loans have a well-defined weakness or weakness that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. • Doubtful — Loans that have all the weaknesses inherent in those classified as substandard, with the additional characteristic that the weaknesses make collection or liquidation in full, based on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The regulatory risk classification utilized is influenced by internal credit risk ratings, which are based on a variety of factors. A borrower’s internal credit risk rating is updated at least annually, and more frequently when a borrower’s credit profile changes, including when we become aware of potential credit deterioration. The following tables present the amortized cost basis of our commercial finance receivables and loans by credit quality indicator based on risk rating and origination year. Origination year Revolving loans converted to term June 30, 2022 ($ in millions) 2022 2021 2020 2019 2018 2017 and prior Revolving loans Total Commercial Commercial and industrial Automotive Pass $ 191 $ 291 $ 151 $ 88 $ 42 $ 60 $ 10,771 $ — $ 11,594 Special mention — — — 4 12 25 464 — 505 Substandard — — 1 1 — — 73 — 75 Total automotive 191 291 152 93 54 85 11,308 — 12,174 Other Pass 410 603 430 268 65 185 4,338 85 6,384 Special mention — 37 178 66 44 80 243 28 676 Substandard — — 18 116 — 156 55 15 360 Doubtful — — — — — 56 8 2 66 Total other 410 640 626 450 109 477 4,644 130 7,486 Commercial real estate Pass 606 1,299 1,005 720 510 826 9 9 4,984 Special mention — 76 2 26 — 23 — — 127 Substandard — — — — — 3 — — 3 Total commercial real estate 606 1,375 1,007 746 510 852 9 9 5,114 Total commercial $ 1,207 $ 2,306 $ 1,785 $ 1,289 $ 673 $ 1,414 $ 15,961 $ 139 $ 24,774 Origination year Revolving loans converted to term December 31, 2021 ($ in millions) 2021 2020 2019 2018 2017 2016 and prior Revolving loans Total Commercial Commercial and industrial Automotive Pass $ 347 $ 190 $ 112 $ 49 $ 23 $ 56 $ 10,741 $ — $ 11,518 Special mention 7 1 7 15 31 18 589 — 668 Substandard — 1 — 1 — — 41 — 43 Total automotive 354 192 119 65 54 74 11,371 — 12,229 Other Pass 739 448 374 86 99 68 4,032 83 5,929 Special mention 15 169 96 21 10 122 93 17 543 Substandard — 22 95 — 140 83 13 23 376 Doubtful — — — — — 26 — — 26 Total other 754 639 565 107 249 299 4,138 123 6,874 Commercial real estate Pass 1,298 1,060 873 604 342 653 3 8 4,841 Special mention 13 5 29 7 18 19 — — 91 Substandard — — — — — 7 — — 7 Total commercial real estate 1,311 1,065 902 611 360 679 3 8 4,939 Total commercial $ 2,419 $ 1,896 $ 1,586 $ 783 $ 663 $ 1,052 $ 15,512 $ 131 $ 24,042 The following table presents an analysis of our past-due commercial finance receivables and loans recorded at amortized cost basis. ($ in millions) 30–59 days past due 60–89 days past due 90 days or more past due Total past due Current Total finance receivables and loans June 30, 2022 Commercial Commercial and industrial Automotive $ — $ — $ — $ — $ 12,174 $ 12,174 Other — — 2 2 7,484 7,486 Commercial real estate — — — — 5,114 5,114 Total commercial $ — $ — $ 2 $ 2 $ 24,772 $ 24,774 December 31, 2021 Commercial Commercial and industrial Automotive $ — $ — $ — $ — $ 12,229 $ 12,229 Other — — 1 1 6,873 6,874 Commercial real estate — — — — 4,939 4,939 Total commercial $ — $ — $ 1 $ 1 $ 24,041 $ 24,042 Troubled Debt Restructurings TDRs are loan modifications where concessions were granted to borrowers experiencing financial difficulties. For consumer automotive loans, we may offer several types of assistance to aid our customers, including payment extensions and rewrites of the loan terms. Additionally, for mortgage loans, as part of certain programs, we offer mortgage loan modifications to qualified borrowers. These programs are in place to provide support to our mortgage customers in financial distress, including principal forgiveness, maturity extensions, delinquent interest capitalization, and changes to contractual interest rates. Total TDRs recorded at amortized cost were $2.6 billion and $2.4 billion at June 30, 2022, and December 31, 2021, respectively. Total commitments to lend additional funds to borrowers whose terms had been modified in a TDR were $43 million and $18 million at June 30, 2022, and December 31, 2021, respectively. Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for additional information. The following tables present information related to finance receivables and loans recorded at amortized cost modified in connection with a TDR during the period. 2022 2021 Three months ended June 30, ($ in millions) Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Consumer automotive 12,928 $ 213 $ 206 14,670 $ 271 $ 267 Consumer mortgage Mortgage Finance 3 2 2 10 4 5 Mortgage — Legacy 3 — — 3 1 1 Total consumer mortgage 6 2 2 13 5 6 Consumer other Credit Card 743 1 1 — — — Total consumer other 743 1 1 — — — Total consumer 13,677 216 209 14,683 276 273 Commercial Commercial and industrial Automotive — — — 1 1 1 Other 3 377 377 — — — Commercial real estate — — — 1 3 3 Total commercial 3 377 377 2 4 4 Total finance receivables and loans 13,680 $ 593 $ 586 14,685 $ 280 $ 277 2022 2021 Six months ended June 30, ($ in millions) Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Consumer automotive 26,379 $ 444 $ 433 40,260 $ 743 $ 733 Consumer mortgage Mortgage Finance 9 7 7 15 8 9 Mortgage — Legacy 7 1 1 4 1 1 Total consumer mortgage 16 8 8 19 9 10 Consumer other Credit Card 1,094 2 2 — — — Total consumer other 1,094 2 2 — — — Total consumer 27,489 454 443 40,279 752 743 Commercial Commercial and industrial Automotive — — — 1 1 1 Other 4 411 411 1 33 33 Commercial real estate — — — 1 3 3 Total commercial 4 411 411 3 37 37 Total finance receivables and loans 27,493 $ 865 $ 854 40,282 $ 789 $ 780 The following table presents information about finance receivables and loans recorded at amortized cost that have redefaulted during the reporting period and were within 12 months or less of being modified as a TDR. Redefault is when finance receivables and loans meet the requirements for evaluation under our charge-off policy (refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for additional information) except for commercial finance receivables and loans, where redefault is defined as 90 days past due. 2022 2021 Three months ended June 30, ($ in millions) Number of loans Amortized cost Charge-off amount Number of loans Amortized cost Charge-off amount Consumer automotive 2,138 $ 35 $ 14 1,751 $ 22 $ 11 Consumer mortgage Mortgage Finance 1 — — 1 — — Mortgage — Legacy — — — 2 — — Total consumer mortgage 1 — — 3 — — Consumer other Credit Card 79 — — — — — Total consumer other 79 — — — — — Total consumer finance receivables and loans 2,218 $ 35 $ 14 1,754 $ 22 $ 11 2022 2021 Six months ended June 30, ($ in millions) Number of loans Amortized cost Charge-off amount Number of loans Amortized cost Charge-off amount Consumer automotive 4,249 $ 66 $ 27 4,565 $ 55 $ 31 Consumer mortgage Mortgage Finance 3 2 — 1 — — Mortgage — Legacy — — — 4 — — Total consumer mortgage 3 2 — 5 — — Consumer other Credit Card 79 — — — — — Total consumer other 79 — — — — — Total consumer finance receivables and loans 4,331 $ 68 $ 27 4,570 $ 55 $ 31

Leasing

Leasing	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leasing	Leasing Ally as the Lessee We have operating leases for certain of our corporate facilities, which have remaining lease terms of 1 month to 7 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend the leases for periods that range from 1 to 15 years. Some of those lease agreements also include options to terminate the leases in periods that range from approximately 5 to 6 years after the commencement of the leases. We have not included any of these term extensions or termination provisions in our estimates of the lease term, as we do not consider it reasonably certain that the options will be exercised. We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception. During the three months and six months ended June 30, 2022, we paid $9 million and $19 million, respectively, in cash for amounts included in the measurement of lease liabilities at June 30, 2022, compared to $16 million and $29 million for the three months and six months ended June 30, 2021, in cash for amounts included in the measurement of lease liabilities at June 30, 2021. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the six months ended June 30, 2022, and June 30, 2021, we obtained $21 million and $333 million, respectively, of ROU assets in exchange for new lease liabilities. As of June 30, 2022, the weighted-average remaining lease term of our operating lease portfolio was 5 years, and the weighted-average discount rate was 2.24%, compared to 6 years and 1.96% as of December 31, 2021. The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of June 30, 2022, and that have noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 20 2023 31 2024 26 2025 21 2026 18 2027 and thereafter 29 Total undiscounted cash flows 145 Difference between undiscounted cash flows and discounted cash flows (9) Total lease liability $ 136 In March 2021, we commenced the lease for a new corporate facility in Charlotte, North Carolina, which included an underlying purchase option. We provided notice of our intent to exercise the purchase option in April 2021, and executed on the purchase agreement in July 2021. Additionally, we agreed to lease a portion of this corporate facility in exchange for $13 million in future lease payments over a ten year lease term. In June 2022, we purchased an operations center in Lewisville, Texas, which consisted of a previously leased facility.Upon closing the transaction, the lease ROU asset and liability were derecognized and new fixed assets totaling approximately $44 million were recognized as property and equipment at cost within other assets of the Condensed Consolidated Balance Sheet. The following table details the components of total net operating lease expense. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Operating lease expense $ 9 $ 14 $ 17 $ 26 Variable lease expense 1 2 2 4 Total lease expense, net (a) $ 10 $ 16 $ 19 $ 30 (a) Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income. Ally as the Lessor Investment in Operating Leases We purchase consumer operating lease contracts and the associated vehicles from dealerships after those contracts are executed by the dealers and the consumers. The amount we pay a dealer for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. Both the consumer and the dealership have the option to purchase the vehicle at the end of the lease term, which can range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred. When we acquire a consumer operating lease, we assume ownership of the vehicle from the dealer. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. Neither the consumer nor the dealer is responsible for the value of the vehicle at the time of lease termination. When vehicles are not purchased by customers or the receiving dealer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of June 30, 2022, and December 31, 2021, consumer operating leases with a carrying value, net of accumulated depreciation, of $88 million and $165 million, respectively, were covered by a residual value guarantee of 15% of the manufacturer’s suggested retail price. The following table details our investment in operating leases. ($ in millions) June 30, 2022 December 31, 2021 Vehicles $ 12,173 $ 12,384 Accumulated depreciation (1,657) (1,522) Investment in operating leases, net $ 10,516 $ 10,862 The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 824 2023 1,345 2024 732 2025 246 2026 33 2027 and thereafter 2 Total lease payments from operating leases $ 3,182 We recognized operating lease revenue of $396 million and $799 million for the three months and six months ended June 30, 2022, respectively, and $384 million and $754 million for the three months and six months ended June 30, 2021. Depreciation expense on operating lease assets includes net remarketing gains recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Depreciation expense on operating lease assets (excluding remarketing gains) (a) $ 269 $ 210 $ 536 $ 437 Remarketing gains, net (50) (128) (100) (192) Net depreciation expense on operating lease assets $ 219 $ 82 $ 436 $ 245 (a) Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $2 million and $4 million during the three months and six months ended June 30, 2022, respectively, and $5 million and $10 million during the three months and six months ended June 30, 2021. Finance Leases In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases . Our total gross investment in finance leases, which is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet was $463 million and $470 million as of June 30, 2022, and December 31, 2021, respectively. This includes lease payment receivables of $450 million and $457 million at June 30, 2022, and December 31, 2021, respectively, and unguaranteed residual assets of $13 million at both June 30, 2022, and December 31, 2021, respectively. Interest income on finance lease receivables was $7 million and $14 million for the three months and six months ended June 30, 2022, respectively, and $7 million and $13 million for the three months and six months ended June 30, 2021, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 86 2023 146 2024 123 2025 77 2026 44 2027 and thereafter 23 Total undiscounted cash flows 499 Difference between undiscounted cash flows and discounted cash flows (49) Present value of lease payments recorded as lease receivable $ 450
Leasing	Leasing Ally as the Lessee We have operating leases for certain of our corporate facilities, which have remaining lease terms of 1 month to 7 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend the leases for periods that range from 1 to 15 years. Some of those lease agreements also include options to terminate the leases in periods that range from approximately 5 to 6 years after the commencement of the leases. We have not included any of these term extensions or termination provisions in our estimates of the lease term, as we do not consider it reasonably certain that the options will be exercised. We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception. During the three months and six months ended June 30, 2022, we paid $9 million and $19 million, respectively, in cash for amounts included in the measurement of lease liabilities at June 30, 2022, compared to $16 million and $29 million for the three months and six months ended June 30, 2021, in cash for amounts included in the measurement of lease liabilities at June 30, 2021. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the six months ended June 30, 2022, and June 30, 2021, we obtained $21 million and $333 million, respectively, of ROU assets in exchange for new lease liabilities. As of June 30, 2022, the weighted-average remaining lease term of our operating lease portfolio was 5 years, and the weighted-average discount rate was 2.24%, compared to 6 years and 1.96% as of December 31, 2021. The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of June 30, 2022, and that have noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 20 2023 31 2024 26 2025 21 2026 18 2027 and thereafter 29 Total undiscounted cash flows 145 Difference between undiscounted cash flows and discounted cash flows (9) Total lease liability $ 136 In March 2021, we commenced the lease for a new corporate facility in Charlotte, North Carolina, which included an underlying purchase option. We provided notice of our intent to exercise the purchase option in April 2021, and executed on the purchase agreement in July 2021. Additionally, we agreed to lease a portion of this corporate facility in exchange for $13 million in future lease payments over a ten year lease term. In June 2022, we purchased an operations center in Lewisville, Texas, which consisted of a previously leased facility.Upon closing the transaction, the lease ROU asset and liability were derecognized and new fixed assets totaling approximately $44 million were recognized as property and equipment at cost within other assets of the Condensed Consolidated Balance Sheet. The following table details the components of total net operating lease expense. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Operating lease expense $ 9 $ 14 $ 17 $ 26 Variable lease expense 1 2 2 4 Total lease expense, net (a) $ 10 $ 16 $ 19 $ 30 (a) Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income. Ally as the Lessor Investment in Operating Leases We purchase consumer operating lease contracts and the associated vehicles from dealerships after those contracts are executed by the dealers and the consumers. The amount we pay a dealer for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. Both the consumer and the dealership have the option to purchase the vehicle at the end of the lease term, which can range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred. When we acquire a consumer operating lease, we assume ownership of the vehicle from the dealer. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. Neither the consumer nor the dealer is responsible for the value of the vehicle at the time of lease termination. When vehicles are not purchased by customers or the receiving dealer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of June 30, 2022, and December 31, 2021, consumer operating leases with a carrying value, net of accumulated depreciation, of $88 million and $165 million, respectively, were covered by a residual value guarantee of 15% of the manufacturer’s suggested retail price. The following table details our investment in operating leases. ($ in millions) June 30, 2022 December 31, 2021 Vehicles $ 12,173 $ 12,384 Accumulated depreciation (1,657) (1,522) Investment in operating leases, net $ 10,516 $ 10,862 The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 824 2023 1,345 2024 732 2025 246 2026 33 2027 and thereafter 2 Total lease payments from operating leases $ 3,182 We recognized operating lease revenue of $396 million and $799 million for the three months and six months ended June 30, 2022, respectively, and $384 million and $754 million for the three months and six months ended June 30, 2021. Depreciation expense on operating lease assets includes net remarketing gains recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Depreciation expense on operating lease assets (excluding remarketing gains) (a) $ 269 $ 210 $ 536 $ 437 Remarketing gains, net (50) (128) (100) (192) Net depreciation expense on operating lease assets $ 219 $ 82 $ 436 $ 245 (a) Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $2 million and $4 million during the three months and six months ended June 30, 2022, respectively, and $5 million and $10 million during the three months and six months ended June 30, 2021. Finance Leases In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases . Our total gross investment in finance leases, which is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet was $463 million and $470 million as of June 30, 2022, and December 31, 2021, respectively. This includes lease payment receivables of $450 million and $457 million at June 30, 2022, and December 31, 2021, respectively, and unguaranteed residual assets of $13 million at both June 30, 2022, and December 31, 2021, respectively. Interest income on finance lease receivables was $7 million and $14 million for the three months and six months ended June 30, 2022, respectively, and $7 million and $13 million for the three months and six months ended June 30, 2021, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 86 2023 146 2024 123 2025 77 2026 44 2027 and thereafter 23 Total undiscounted cash flows 499 Difference between undiscounted cash flows and discounted cash flows (49) Present value of lease payments recorded as lease receivable $ 450
Leasing	Leasing Ally as the Lessee We have operating leases for certain of our corporate facilities, which have remaining lease terms of 1 month to 7 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend the leases for periods that range from 1 to 15 years. Some of those lease agreements also include options to terminate the leases in periods that range from approximately 5 to 6 years after the commencement of the leases. We have not included any of these term extensions or termination provisions in our estimates of the lease term, as we do not consider it reasonably certain that the options will be exercised. We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception. During the three months and six months ended June 30, 2022, we paid $9 million and $19 million, respectively, in cash for amounts included in the measurement of lease liabilities at June 30, 2022, compared to $16 million and $29 million for the three months and six months ended June 30, 2021, in cash for amounts included in the measurement of lease liabilities at June 30, 2021. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the six months ended June 30, 2022, and June 30, 2021, we obtained $21 million and $333 million, respectively, of ROU assets in exchange for new lease liabilities. As of June 30, 2022, the weighted-average remaining lease term of our operating lease portfolio was 5 years, and the weighted-average discount rate was 2.24%, compared to 6 years and 1.96% as of December 31, 2021. The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of June 30, 2022, and that have noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 20 2023 31 2024 26 2025 21 2026 18 2027 and thereafter 29 Total undiscounted cash flows 145 Difference between undiscounted cash flows and discounted cash flows (9) Total lease liability $ 136 In March 2021, we commenced the lease for a new corporate facility in Charlotte, North Carolina, which included an underlying purchase option. We provided notice of our intent to exercise the purchase option in April 2021, and executed on the purchase agreement in July 2021. Additionally, we agreed to lease a portion of this corporate facility in exchange for $13 million in future lease payments over a ten year lease term. In June 2022, we purchased an operations center in Lewisville, Texas, which consisted of a previously leased facility.Upon closing the transaction, the lease ROU asset and liability were derecognized and new fixed assets totaling approximately $44 million were recognized as property and equipment at cost within other assets of the Condensed Consolidated Balance Sheet. The following table details the components of total net operating lease expense. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Operating lease expense $ 9 $ 14 $ 17 $ 26 Variable lease expense 1 2 2 4 Total lease expense, net (a) $ 10 $ 16 $ 19 $ 30 (a) Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income. Ally as the Lessor Investment in Operating Leases We purchase consumer operating lease contracts and the associated vehicles from dealerships after those contracts are executed by the dealers and the consumers. The amount we pay a dealer for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. Both the consumer and the dealership have the option to purchase the vehicle at the end of the lease term, which can range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred. When we acquire a consumer operating lease, we assume ownership of the vehicle from the dealer. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. Neither the consumer nor the dealer is responsible for the value of the vehicle at the time of lease termination. When vehicles are not purchased by customers or the receiving dealer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of June 30, 2022, and December 31, 2021, consumer operating leases with a carrying value, net of accumulated depreciation, of $88 million and $165 million, respectively, were covered by a residual value guarantee of 15% of the manufacturer’s suggested retail price. The following table details our investment in operating leases. ($ in millions) June 30, 2022 December 31, 2021 Vehicles $ 12,173 $ 12,384 Accumulated depreciation (1,657) (1,522) Investment in operating leases, net $ 10,516 $ 10,862 The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 824 2023 1,345 2024 732 2025 246 2026 33 2027 and thereafter 2 Total lease payments from operating leases $ 3,182 We recognized operating lease revenue of $396 million and $799 million for the three months and six months ended June 30, 2022, respectively, and $384 million and $754 million for the three months and six months ended June 30, 2021. Depreciation expense on operating lease assets includes net remarketing gains recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Depreciation expense on operating lease assets (excluding remarketing gains) (a) $ 269 $ 210 $ 536 $ 437 Remarketing gains, net (50) (128) (100) (192) Net depreciation expense on operating lease assets $ 219 $ 82 $ 436 $ 245 (a) Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $2 million and $4 million during the three months and six months ended June 30, 2022, respectively, and $5 million and $10 million during the three months and six months ended June 30, 2021. Finance Leases In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases . Our total gross investment in finance leases, which is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet was $463 million and $470 million as of June 30, 2022, and December 31, 2021, respectively. This includes lease payment receivables of $450 million and $457 million at June 30, 2022, and December 31, 2021, respectively, and unguaranteed residual assets of $13 million at both June 30, 2022, and December 31, 2021, respectively. Interest income on finance lease receivables was $7 million and $14 million for the three months and six months ended June 30, 2022, respectively, and $7 million and $13 million for the three months and six months ended June 30, 2021, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 86 2023 146 2024 123 2025 77 2026 44 2027 and thereafter 23 Total undiscounted cash flows 499 Difference between undiscounted cash flows and discounted cash flows (49) Present value of lease payments recorded as lease receivable $ 450
Leasing	Leasing Ally as the Lessee We have operating leases for certain of our corporate facilities, which have remaining lease terms of 1 month to 7 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend the leases for periods that range from 1 to 15 years. Some of those lease agreements also include options to terminate the leases in periods that range from approximately 5 to 6 years after the commencement of the leases. We have not included any of these term extensions or termination provisions in our estimates of the lease term, as we do not consider it reasonably certain that the options will be exercised. We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception. During the three months and six months ended June 30, 2022, we paid $9 million and $19 million, respectively, in cash for amounts included in the measurement of lease liabilities at June 30, 2022, compared to $16 million and $29 million for the three months and six months ended June 30, 2021, in cash for amounts included in the measurement of lease liabilities at June 30, 2021. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the six months ended June 30, 2022, and June 30, 2021, we obtained $21 million and $333 million, respectively, of ROU assets in exchange for new lease liabilities. As of June 30, 2022, the weighted-average remaining lease term of our operating lease portfolio was 5 years, and the weighted-average discount rate was 2.24%, compared to 6 years and 1.96% as of December 31, 2021. The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of June 30, 2022, and that have noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 20 2023 31 2024 26 2025 21 2026 18 2027 and thereafter 29 Total undiscounted cash flows 145 Difference between undiscounted cash flows and discounted cash flows (9) Total lease liability $ 136 In March 2021, we commenced the lease for a new corporate facility in Charlotte, North Carolina, which included an underlying purchase option. We provided notice of our intent to exercise the purchase option in April 2021, and executed on the purchase agreement in July 2021. Additionally, we agreed to lease a portion of this corporate facility in exchange for $13 million in future lease payments over a ten year lease term. In June 2022, we purchased an operations center in Lewisville, Texas, which consisted of a previously leased facility.Upon closing the transaction, the lease ROU asset and liability were derecognized and new fixed assets totaling approximately $44 million were recognized as property and equipment at cost within other assets of the Condensed Consolidated Balance Sheet. The following table details the components of total net operating lease expense. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Operating lease expense $ 9 $ 14 $ 17 $ 26 Variable lease expense 1 2 2 4 Total lease expense, net (a) $ 10 $ 16 $ 19 $ 30 (a) Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income. Ally as the Lessor Investment in Operating Leases We purchase consumer operating lease contracts and the associated vehicles from dealerships after those contracts are executed by the dealers and the consumers. The amount we pay a dealer for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. Both the consumer and the dealership have the option to purchase the vehicle at the end of the lease term, which can range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred. When we acquire a consumer operating lease, we assume ownership of the vehicle from the dealer. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. Neither the consumer nor the dealer is responsible for the value of the vehicle at the time of lease termination. When vehicles are not purchased by customers or the receiving dealer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of June 30, 2022, and December 31, 2021, consumer operating leases with a carrying value, net of accumulated depreciation, of $88 million and $165 million, respectively, were covered by a residual value guarantee of 15% of the manufacturer’s suggested retail price. The following table details our investment in operating leases. ($ in millions) June 30, 2022 December 31, 2021 Vehicles $ 12,173 $ 12,384 Accumulated depreciation (1,657) (1,522) Investment in operating leases, net $ 10,516 $ 10,862 The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 824 2023 1,345 2024 732 2025 246 2026 33 2027 and thereafter 2 Total lease payments from operating leases $ 3,182 We recognized operating lease revenue of $396 million and $799 million for the three months and six months ended June 30, 2022, respectively, and $384 million and $754 million for the three months and six months ended June 30, 2021. Depreciation expense on operating lease assets includes net remarketing gains recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Depreciation expense on operating lease assets (excluding remarketing gains) (a) $ 269 $ 210 $ 536 $ 437 Remarketing gains, net (50) (128) (100) (192) Net depreciation expense on operating lease assets $ 219 $ 82 $ 436 $ 245 (a) Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $2 million and $4 million during the three months and six months ended June 30, 2022, respectively, and $5 million and $10 million during the three months and six months ended June 30, 2021. Finance Leases In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases . Our total gross investment in finance leases, which is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet was $463 million and $470 million as of June 30, 2022, and December 31, 2021, respectively. This includes lease payment receivables of $450 million and $457 million at June 30, 2022, and December 31, 2021, respectively, and unguaranteed residual assets of $13 million at both June 30, 2022, and December 31, 2021, respectively. Interest income on finance lease receivables was $7 million and $14 million for the three months and six months ended June 30, 2022, respectively, and $7 million and $13 million for the three months and six months ended June 30, 2021, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 86 2023 146 2024 123 2025 77 2026 44 2027 and thereafter 23 Total undiscounted cash flows 499 Difference between undiscounted cash flows and discounted cash flows (49) Present value of lease payments recorded as lease receivable $ 450

Securitizations and Variable In

Securitizations and Variable Interest Entities	6 Months Ended
	Jun. 30, 2022
Securitizations And Variable Interest Entities [Abstract]
Securitizations and Variable Interest Entities	Securitizations and Variable Interest Entities We securitize, transfer, and service consumer and commercial automotive loans. We often securitize these loans (also referred to as financial assets) using SPEs. An SPE is a legal entity that is designed to fulfill a specified limited need of the sponsor. Our principal use of SPEs is to obtain liquidity by securitizing certain of our financial assets. SPEs are often VIEs and may or may not be included on our Condensed Consolidated Balance Sheet. VIEs are legal entities that either have an insufficient amount of equity at risk for the entity to finance its activities without additional subordinated financial support or, as a group, the holders of the equity investment at risk lack the ability to control the entity’s activities that most significantly impact economic performance through voting or similar rights, or do not have the obligation to absorb the expected losses or the right to receive expected residual returns of the entity. The VIEs included on the Condensed Consolidated Balance Sheet represent SPEs where we are deemed to be the primary beneficiary, primarily due to our servicing activities and our beneficial interests in the VIE that could be potentially significant. The nature, purpose, and activities of nonconsolidated SPEs are similar to those of our consolidated SPEs with the primary difference being the nature and extent of our continuing involvement. For nonconsolidated SPEs, the transferred financial assets are removed from our balance sheet provided the conditions for sale accounting are met. The financial assets obtained from the securitization are primarily reported as cash or retained interests (if applicable). Liabilities incurred as part of these securitizations, are recorded at fair value at the time of sale and are reported as accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet. Upon the sale of the loans, we recognize a gain or loss on sale for the difference between the assets recognized, the assets derecognized, and the liabilities recognized as part of the transaction. With respect to our ongoing right to service the assets we sell, the servicing fee we receive represents adequate compensation, and consequently, we do not recognize a servicing asset or liability. We had no pretax gain on sales of financial assets into nonconsolidated VIEs for both the three months and six months ended June 30, 2022, and June 30, 2021. We provide long-term guarantee contracts to investors in certain nonconsolidated affordable housing entities and have extended a line of credit to provide liquidity. Since we do not have control over the entities or the power to make decisions, we do not consolidate the entities and our involvement is limited to the guarantee and the line of credit. We are involved with various other nonconsolidated equity investments, including affordable housing entities and venture capital funds and loan funds. We do not consolidate these entities and our involvement is limited to our outstanding investment, additional capital committed to these funds plus any previously recognized low-income housing tax credits that are subject to recapture. Refer to Note 1 and Note 11 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for further description of our securitization activities and our involvement with VIEs. The following table presents our involvement in consolidated and nonconsolidated VIEs in which we hold variable interests. We have excluded certain transactions with nonconsolidated entities from the balances presented in the table below, where our only continuing involvement relates to financial interests obtained through the ordinary course of business, primarily from lending and investing arrangements. For additional detail related to the assets and liabilities of consolidated variable interest entities refer to the Condensed Consolidated Balance Sheet. ($ in millions) Carrying value of total assets Carrying value of total liabilities Assets sold to nonconsolidated VIEs (a) Maximum exposure to loss in nonconsolidated VIEs June 30, 2022 On-balance sheet variable interest entities Consumer automotive $ 18,613 (b) $ 1,622 (c) $ — $ — Off-balance sheet variable interest entities Consumer automotive — — 2 2 (d) Consumer other (e) — — 40 40 Commercial other 2,055 (f) 840 (g) — 2,577 (h) Total $ 20,668 $ 2,462 $ 42 $ 2,619 December 31, 2021 On-balance sheet variable interest entities Consumer automotive $ 18,158 (b) $ 1,162 (c) $ — $ — Consumer other (e) 318 300 — — Off-balance sheet variable interest entities Commercial other 1,814 (f) 726 (g) — 2,416 (h) Total $ 20,290 $ 2,188 $ — $ 2,416 (a) Asset values represent the current unpaid principal balance of outstanding credit card finance receivables and loans within the VIEs. (b) Includes $10.6 billion and $11.0 billion of assets that were not encumbered by VIE beneficial interests held by third parties at June 30, 2022, and December 31, 2021, respectively. Ally or consolidated affiliates hold the interests in these assets. (c) Includes $120 million and $124 million of liabilities that were not obligations to third-party beneficial interest holders at June 30, 2022, and December 31, 2021, respectively. (d) Maximum exposure to loss represents the current unpaid principal balance of outstanding loans based on our customary representation and warranty provisions. This measure is based on the unlikely event that all of the loans have underwriting defects or other defects that trigger a representation and warranty provision and the collateral supporting the loans are worthless. This required disclosure is not an indication of our expected loss. (e) Represents balances from our credit card business. (f) Amounts are classified as other assets except for $1 million and $8 million classified as equity securities at June 30, 2022, and December 31, 2021, respectively. (g) Amounts are classified as accrued expenses and other liabilities. (h) For certain nonconsolidated affordable housing entities, maximum exposure to loss represents the yield we guaranteed investors through long-term guarantee contracts. The amount disclosed is based on the unlikely event that the yield delivered to investors in the form of low-income tax housing credits is recaptured. For nonconsolidated equity investments, maximum exposure to loss represents our outstanding investment, additional committed capital, and low-income housing tax credits subject to recapture. The amount disclosed is based on the unlikely event that our committed capital is funded, our investments become worthless, and the tax credits previously delivered to us are recaptured. This required disclosure is not an indication of our expected loss. Cash Flows with Nonconsolidated Special-Purpose Entities The following table summarizes cash flows received and paid related to SPEs and asset-backed financings where the transfer is accounted for as a sale and we have a continuing involvement with the transferred consumer automotive and credit card assets (for example, servicing) that were outstanding during the six months ended June 30, 2022, and 2021. Additionally, this table contains information regarding cash flows received from and paid to nonconsolidated SPEs that existed during each period. Six months ended June 30, ($ in millions) 2022 2021 Consumer automotive Cash proceeds from transfers completed during the period $ 2 $ — Consumer other (a) Cash proceeds from transfers completed during the period 45 — Servicing fees 4 — Total $ 51 $ — (a) Represents activity from our credit card business. Delinquencies and Net Credit Losses During both the three months and six months ended June 30, 2022, and 2021, we did not recognize any net credit losses from off-balance sheet securitizations where we have continuing involvement. The following table presents quantitative information about delinquencies and net credit losses for off-balance sheet whole-loan sales where we have continuing involvement. Total amount Amount 60 days or more past due ($ in millions) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Whole-loan sales (a) Consumer automotive $ 2 $ — $ — $ — Consumer other 40 4 1 — Total $ 42 $ 4 $ 1 $ — (a) Whole-loan sales are not part of a securitization transaction, but represent consumer automotive and credit card pools of loans sold to third-party investors.

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2022
Other Assets [Abstract]
Other Assets	Other Assets The components of other assets were as follows. ($ in millions) June 30, 2022 December 31, 2021 Property and equipment at cost $ 2,278 $ 2,139 Accumulated depreciation (1,021) (955) Net property and equipment 1,257 1,184 Investment in qualified affordable housing projects 1,519 1,378 Nonmarketable equity investments 1,251 998 Net deferred tax assets 908 254 Goodwill 822 822 Accrued interest, fees, and rent receivables 646 600 Equity-method investments (a) 583 472 Restricted cash held for securitization trusts (b) 497 516 Other accounts receivable 144 127 Net intangible assets 112 129 Operating lease right-of-use assets 112 148 Restricted cash and cash equivalents (c) 95 92 Other assets 936 1,337 Total other assets $ 8,882 $ 8,057 (a) Primarily relates to investments made in connection with our CRA program. (b) Includes restricted cash collected from customer payments on securitized receivables, which are distributed by us to investors as payments on the related secured debt, and cash reserve deposits utilized as a form of credit enhancement for various securitization transactions. (c) Primarily represents a number of arrangements with third parties where certain restrictions are placed on balances we hold due to collateral agreements associated with operational processes with a third-party bank, or letter of credit arrangements and corresponding collateral requirements. The total carrying value of the nonmarketable equity investments held at June 30, 2022, and December 31, 2021, including cumulative unrealized gains and losses was as follows. ($ in millions) June 30, 2022 December 31, 2021 FHLB stock $ 548 $ 289 FRB stock 449 449 Equity securities without a readily determinable fair value Cost basis at acquisition 84 89 Adjustments Upward adjustments 177 183 Downward adjustments (including impairment) (7) (12) Carrying amount, equity securities without a readily determinable fair value 254 260 Nonmarketable equity investments $ 1,251 $ 998 During the three months and six months ended June 30, 2022, and June 30, 2021, respectively, unrealized gains and losses included in the carrying value of the nonmarketable equity investments still held as of June 30, 2022, and June 30, 2021, were as follows. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Upward adjustments $ — $ 81 $ 1 $ 81 Downward adjustments (including impairment) (a) $ — $ (1) $ (3) $ (1) (a) No impairment on FHLB and FRB stock was recognized during both the three months and six months ended June 30, 2022, and 2021. Total gain on nonmarketable equity investments, net, which includes both realized and unrealized gains and losses were gains of $3 million and $2 million for the three months and six months ended June 30, 2022, respectively, compared to gains of $99 million and $103 million for the three months and six months ended June 30, 2021. The carrying balance of goodwill by reportable operating segment was as follows. ($ in millions) Automotive Finance operations Insurance operations Corporate and Other (a) Total Goodwill at December 31, 2020 $ 20 $ 27 $ 296 $ 343 Goodwill acquired — — 479 479 Goodwill at December 31, 2021 $ 20 $ 27 $ 775 $ 822 Goodwill acquired — — — — Goodwill at June 30, 2022 $ 20 $ 27 $ 775 $ 822 (a) Includes $479 million of goodwill associated with Ally Credit Card at both June 30, 2022, and December 31, 2021, and $153 million of goodwill associated with Ally Lending at both June 30, 2022, and December 31, 2021, and $143 million of goodwill associated with Ally Invest at both June 30, 2022, and December 31, 2021. The net carrying value of intangible assets by class was as follows. June 30, 2022 (a) December 31, 2021 ($ in millions) Gross intangible assets Accumulated amortization Net carrying value Gross intangible assets Accumulated amortization Net carrying value Technology $ 122 $ (45) $ 77 $ 122 $ (36) $ 86 Customer lists 58 (47) 11 58 (42) 16 Purchased credit card relationships 25 (2) 23 25 — 25 Trademarks 2 (1) 1 2 — 2 Total intangible assets $ 207 $ (95) $ 112 $ 207 $ (78) $ 129 (a) We expect to recognize amortization expense of $15 million during the remainder of 2022, $25 million in 2023, $18 million in 2024, $14 million in 2025, and $14 million in 2026.

Deposit Liabilities

Deposit Liabilities	6 Months Ended
	Jun. 30, 2022
Deposits [Abstract]
Deposit Liabilities	Deposit Liabilities Deposit liabilities consisted of the following. ($ in millions) June 30, 2022 December 31, 2021 Noninterest-bearing deposits $ 185 $ 150 Interest-bearing deposits Savings, money market, and checking accounts 103,587 102,455 Certificates of deposit 36,629 38,953 Total deposit liabilities $ 140,401 $ 141,558 At June 30, 2022, and December 31, 2021, certificates of deposit included $6.1 billion and $7.2 billion, respectively, of those in denominations in excess of $250 thousand federal insurance limits.

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt	Debt Short-Term Borrowings The following table presents the composition of our short-term borrowings portfolio. June 30, 2022 December 31, 2021 ($ in millions) Unsecured Secured (a) Total Unsecured Secured (a) Total Federal Home Loan Bank $ — $ 6,775 $ 6,775 $ — $ — $ — Other (b) — 1,000 1,000 — — — Total short-term borrowings $ — $ 7,775 $ 7,775 $ — $ — $ — (a) Refer to the section below titled Long-Term Debt for further details on assets restricted as collateral for payment of the related debt. (b) Represents a loan participation agreement that did not meet the requirements for derecognition and was therefore accounted for as a secured borrowing. Long-Term Debt The following tables present the composition of our long-term debt portfolio. June 30, 2022 December 31, 2021 ($ in millions) Unsecured Secured Total Unsecured Secured Total Long-term debt (a) Due within one year $ 798 $ 2,776 $ 3,574 $ 1,028 $ 4,841 $ 5,869 Due after one year 8,377 5,033 13,410 8,382 2,778 11,160 Total long-term debt (b) $ 9,175 $ 7,809 $ 16,984 $ 9,410 $ 7,619 $ 17,029 (a) Includes basis adjustments related to the application of hedge accounting. Refer to Note 19 for additional information. (b) Includes advances, net of hedge basis adjustments, from the FHLB of Pittsburgh of $6.3 billion at both June 30, 2022, and December 31, 2021. The following table presents the scheduled remaining maturity of long-term debt at June 30, 2022, assuming no early redemptions will occur. The amounts below include adjustments to the carrying value resulting from the application of hedge accounting. The actual payment of secured debt may vary based on the payment activity of the related pledged assets. ($ in millions) 2022 2023 2024 2025 2026 2027 and thereafter Total Unsecured Long-term debt $ 31 $ 2,082 $ 1,479 $ 2,391 $ 25 $ 4,068 $ 10,076 Original issue discount (27) (59) (66) (72) (80) (597) (901) Total unsecured 4 2,023 1,413 2,319 (55) 3,471 9,175 Secured Long-term debt 2,067 2,002 2,423 892 340 85 7,809 Total long-term debt $ 2,071 $ 4,025 $ 3,836 $ 3,211 $ 285 $ 3,556 $ 16,984 The following summarizes assets restricted as collateral for the payment of the related debt obligation. June 30, 2022 December 31, 2021 ($ in millions) Total (a) Ally Bank Total (a) Ally Bank Consumer mortgage finance receivables $ 19,210 $ 19,210 $ 17,941 $ 17,941 Consumer automotive finance receivables 9,960 9,960 9,122 9,122 Commercial finance receivables (b) 5,000 5,000 10 10 Investment securities 3,386 3,386 — — Credit card receivables — — 347 347 Total assets restricted as collateral (c) (d) $ 37,556 $ 37,556 $ 27,420 $ 27,420 Secured debt (e) $ 15,584 $ 15,584 $ 7,619 $ 7,619 (a) Ally Bank is a component of the total column. (b) Includes pledged commercial finance receivables related to a participation agreement at June 30, 2022. (c) Ally Bank has an advance agreement with the FHLB, and had assets pledged to secure borrowings that were restricted as collateral to the FHLB totaling $26.6 billion and $18.0 billion at June 30, 2022, and December 31, 2021, respectively. These assets were composed primarily of consumer mortgage finance receivables and loans. Ally Bank has access to the FRB Discount Window and had assets pledged and restricted as collateral to the FRB totaling $2.4 billion at both June 30, 2022, and December 31, 2021. These assets were composed of consumer automotive finance receivables and loans. Availability under these programs is only for the operations of Ally Bank and cannot be used to fund the operations or liabilities of Ally or its other subsidiaries. (d) Excludes restricted cash and cash reserves for securitization trusts recorded within other assets on the Condensed Consolidated Balance Sheet. Refer to Note 11 for additional information. (e) Includes $7.8 billion of short-term borrowings at June 30, 2022.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	6 Months Ended
	Jun. 30, 2022
Accounts Payable and Accrued Liabilities [Abstract]
Accrued Expenses and Other Liabilities	Accrued Expenses and Other Liabilities The components of accrued expenses and other liabilities were as follows. ($ in millions) June 30, 2022 December 31, 2021 Unfunded commitments for investment in qualified affordable housing projects $ 836 $ 724 Accounts payable 534 584 Employee compensation and benefits 341 512 Deferred revenue 174 176 Operating lease liabilities 136 175 Reserves for insurance losses and loss adjustment expenses 131 122 Other liabilities 647 460 Total accrued expenses and other liabilities $ 2,799 $ 2,753

Preferred Stock

Preferred Stock	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Preferred Stock	Preferred Stock Series B Preferred Stock In April 2021, we issued 1,350,000 shares of 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, with $0.01 par value and liquidation preference of $1,000 per share. Proceeds from the offering were used to redeem a portion of our 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 of GMAC Capital Trust I. Dividends on shares of the Series B Preferred Stock are discretionary and are not cumulative. Holders of the Series B Preferred Stock will be entitled to receive, if, when and as declared by our Board, or a duly authorized committee of the Board, out of legally available assets, non-cumulative cash dividends quarterly in arrears on February 15, May 15, August 15 and November 15 of each year, beginning on August 15, 2021. Dividends will accrue (i) from the date of original issue to, but excluding, May 15, 2026, at a fixed rate of 4.700% per annum and (ii) from, and including, May 15, 2026, during each five-year reset period, at a rate per annum equal to the five-year treasury rate as of the most recent reset dividend determination date plus 3.868% on the liquidation preference amount of $1,000 per share. So long as any share of Series B Preferred Stock remains outstanding, unless the dividends for the most recently completed dividend period have been paid in full, or set aside for payment, on all outstanding shares of Series B Preferred Stock, we will be prohibited, subject to certain specified exceptions, from (i) declaring or paying any dividends or making any distributions with respect to any stock that ranks on a parity basis with, or junior in interest to, the Series B Preferred Stock or (ii) repurchasing, redeeming, or otherwise acquiring for consideration, directly or indirectly, any stock that ranks on a parity basis with, or junior in interest to, the Series B Preferred Stock. The holders of the Series B Preferred Stock do not have voting rights other than those set forth in the certificate of designations for the Series B Preferred Stock included in Ally’s Certificate of Incorporation. The Series B Preferred Stock does not have a stated maturity date, and will be perpetual unless redeemed at Ally’s option. Ally is not required to redeem the Series B Preferred Stock and holders of the Series B Preferred Stock have no right to require Ally to redeem their shares. Ally may, at its option, redeem the shares of Series B Preferred stock (i) in whole or in part, on any dividend payment date on or after May 15, 2026, or (ii) in whole, but not in part, at any time within 90 days following a regulatory capital treatment event. In the event of any liquidation, dissolution or winding up of the affairs of Ally, holders of the Series B Preferred Stock will be entitled to receive the liquidation amount per share of Series B Preferred Stock and an amount equal to all declared, but unpaid dividends declared prior to the date of payment out of assets available for distribution, before any distribution is made for holders of stock that ranks junior in interest to the Series B Preferred Stock, subject to the rights of Ally’s creditors. Series C Preferred Stock In June 2021, we issued 1,000,000 shares of 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, with $0.01 par value and liquidation preference of $1,000 per share. Proceeds from the offering were used to redeem a portion of our 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 of GMAC Capital Trust I. Dividends on shares of the Series C Preferred Stock are discretionary and are not cumulative. Holders of the Series C Preferred Stock will be entitled to receive, if, when and as declared by our Board, or a duly authorized committee of the Board, out of legally available assets, non-cumulative cash dividends quarterly in arrears on February 15, May 15, August 15 and November 15 of each year, beginning on August 15, 2021. Dividends will accrue (i) from the date of original issue to, but excluding, May 15, 2028, at a fixed rate of 4.700% per annum and (ii) from, and including, May 15, 2028, during each seven-year reset period, at a rate per annum equal to the seven-year treasury rate as of the most recent reset dividend determination date plus 3.481% on the liquidation preference amount of $1,000 per share. So long as any share of Series C Preferred Stock remains outstanding, unless the dividends for the most recently completed dividend period have been paid in full, or set aside for payment, on all outstanding shares of Series C Preferred Stock, we will be prohibited, subject to certain specified exceptions, from (i) declaring or paying any dividends or making any distributions with respect to any stock that ranks on a parity basis with, or junior in interest to, the Series C Preferred Stock or (ii) repurchasing, redeeming, or otherwise acquiring for consideration, directly or indirectly, any stock that ranks on a parity basis with, or junior in interest to, the Series C Preferred Stock. The holders of the Series C Preferred Stock do not have voting rights other than those set forth in the certificate of designations for the Series C Preferred Stock included in Ally’s Certificate of Incorporation. The Series C Preferred Stock does not have a stated maturity date, and will be perpetual unless redeemed at Ally’s option. Ally is not required to redeem the Series C Preferred Stock and holders of the Series C Preferred Stock have no right to require Ally to redeem their shares. Ally may, at its option, redeem the shares of Series C Preferred stock (i) in whole or in part, on any dividend payment date on or after May 15, 2028, or (ii) in whole, but not in part, at any time within 90 days following a regulatory capital treatment event. In the event of any liquidation, dissolution or winding up of the affairs of Ally, holders of the Series C Preferred Stock will be entitled to receive the liquidation amount per share of Series C Preferred Stock and an amount equal to all declared, but unpaid dividends declared prior to the date of payment out of assets available for distribution, before any distribution is made for holders of stock that ranks junior in interest to the Series C Preferred Stock, subject to the rights of Ally’s creditors. The following table summarizes information about our preferred stock. June 30, 2022 Series B preferred stock (a) Issuance date April 22, 2021 Carrying value ($ in millions) $ 1,335 Par value (per share) $ 0.01 Liquidation preference (per share) $ 1,000 Number of shares authorized 1,350,000 Number of shares issued and outstanding 1,350,000 Dividend/coupon Prior to May 15, 2026 4.700% On and after May 15, 2026 Five Year Treasury + 3.868% Series C preferred stock (a) Issuance date June 2, 2021 Carrying value ($ in millions) $ 989 Par value (per share) $ 0.01 Liquidation preference (per share) $ 1,000 Number of shares authorized 1,000,000 Number of shares issued and outstanding 1,000,000 Dividend/coupon Prior to May 15, 2028 4.700% On and after May 15, 2028 Seven Year Treasury + 3.481% (a) We may, at our option, redeem the Series B and Series C shares on any dividend payment date on or after May 15, 2026, or May 15, 2028, respectively, or at any time within 90 days following a regulatory event that precludes the instruments from being included in additional Tier 1 capital.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following tables present changes, net of tax, in each component of accumulated other comprehensive loss. Three months ended June 30, ($ in millions) Unrealized gains (losses) on investment securities (a) Translation adjustments and net investment hedges (b) Cash flow hedges (b) Defined benefit pension plans Accumulated other comprehensive income (loss) Balance at April 1, 2021 $ 53 $ 20 $ 65 $ (111) $ 27 Net change 206 — (17) — 189 Balance at June 30, 2021 $ 259 $ 20 $ 48 $ (111) $ 216 Balance at April 1, 2022 $ (1,726) $ 20 $ 30 $ (115) $ (1,791) Net change (1,214) (1) (3) — (1,218) Balance at June 30, 2022 (c) $ (2,940) $ 19 $ 27 $ (115) $ (3,009) (a) Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. (b) For additional information on derivative instruments and hedging activities, refer to Note 19. (c) The valuation of our defined benefit plan reflects our current intention to terminate our qualified defined benefit plan in the future. Upon termination and settlement, the unrealized loss and associated tax effects related to our qualified defined benefit pension plan recorded in accumulated other comprehensive income would be recognized in net income from continuing operations of our Condensed Consolidated Statement of Comprehensive Income. Six months ended June 30, ($ in millions) Unrealized gains (losses) on investment securities (a) Translation adjustments and net investment hedges (b) Cash flow hedges (b) Defined benefit pension plans Accumulated other comprehensive income (loss) Balance at January 1, 2021 $ 640 $ 19 $ 82 $ (110) $ 631 Net change (381) 1 (34) (1) (415) Balance at June 30, 2021 $ 259 $ 20 $ 48 $ (111) $ 216 Balance at January 1, 2022 $ (95) $ 19 $ 35 $ (117) $ (158) Net change (2,845) — (8) 2 (2,851) Balance at June 30, 2022 (c) $ (2,940) $ 19 $ 27 $ (115) $ (3,009) (a) Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. (b) For additional information on derivative instruments and hedging activities, refer to Note 19. (c) The valuation of our defined benefit plan reflects our current intention to terminate our qualified defined benefit plan in the future. Upon termination and settlement, the unrealized loss and associated tax effects related to our qualified defined benefit pension plan recorded in accumulated other comprehensive income would be recognized in net income from continuing operations of our Condensed Consolidated Statement of Comprehensive Income. The following tables present the before- and after-tax changes in each component of accumulated other comprehensive (loss) income. Three months ended June 30, 2022 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized losses arising during the period $ (1,588) $ 376 $ (1,212) Less: Net realized gains reclassified to income from continuing operations 3 (a) (1) (b) 2 Net change (1,591) 377 (1,214) Translation adjustments Net unrealized losses arising during the period (5) 1 (4) Net investment hedges (c) Net unrealized gains arising during the period 4 (1) 3 Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 5 (d) (2) (b) 3 Other comprehensive loss $ (1,597) $ 379 $ (1,218) (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. Three months ended June 30, 2021 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized gains arising during the period $ 276 $ (65) $ 211 Less: Net realized gains reclassified to income from continuing operations 6 (a) (1) (b) 5 Net change 270 (64) 206 Translation adjustments Net unrealized gains arising during the period 2 — 2 Net investment hedges (c) Net unrealized losses arising during the period (3) 1 (2) Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 22 (d) (5) (b) 17 Other comprehensive income $ 247 $ (58) $ 189 (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. Six months ended June 30, 2022 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized losses arising during the period $ (3,708) $ 879 $ (2,829) Less: Net realized gains reclassified to income from continuing operations 21 (a) (5) (b) 16 Net change (3,729) 884 (2,845) Translation adjustments Net unrealized losses arising during the period (2) 1 (1) Net investment hedges (c) Net unrealized gains arising during the period 1 — 1 Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 11 (d) (3) (b) 8 Defined benefit pension plans Net unrealized gains arising during the period 2 — 2 Other comprehensive loss $ (3,739) $ 888 $ (2,851) (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. Six months ended June 30, 2021 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized losses arising during the period $ (460) $ 109 $ (351) Less: Net realized gains reclassified to income from continuing operations 38 (a) (8) (b) 30 Net change (498) 117 (381) Translation adjustments Net unrealized gains arising during the period 5 (1) 4 Net investment hedges (c) Net unrealized losses arising during the period (5) 2 (3) Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 43 (d) (9) (b) 34 Defined benefit pension plans Net unrealized losses arising during the period (2) 1 (1) Other comprehensive loss $ (543) $ 128 $ (415) (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.

Earnings per Common Share

Earnings per Common Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings per Common Share	Earnings per Common Share The following table presents the calculation of basic and diluted earnings per common share. Three months ended June 30, Six months ended June 30, ($ in millions, except per share data; shares in thousands) (a) 2022 2021 2022 2021 Net income from continuing operations $ 482 $ 899 $ 1,137 $ 1,695 Preferred stock dividends — Series B (16) — (32) — Preferred stock dividends — Series C (12) — (24) — Net income from continuing operations attributable to common stockholders $ 454 $ 899 $ 1,081 $ 1,695 Income from discontinued operations, net of tax — 1 — 1 Net income attributable to common stockholders $ 454 $ 900 $ 1,081 $ 1,696 Basic weighted-average common shares outstanding (b) 322,057 370,412 328,830 372,807 Diluted weighted-average common shares outstanding (b) 324,027 373,029 330,882 375,265 Basic earnings per common share Net income from continuing operations $ 1.41 $ 2.43 $ 3.29 $ 4.55 Net income $ 1.41 $ 2.43 $ 3.29 $ 4.55 Diluted earnings per common share Net income from continuing operations $ 1.40 $ 2.41 $ 3.27 $ 4.52 Net income $ 1.40 $ 2.41 $ 3.27 $ 4.52 (a) Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers. (b) Includes shares related to share-based compensation that vested but were not yet issued.

Regulatory Capital and Other Re

Regulatory Capital and Other Regulatory Matters	6 Months Ended
	Jun. 30, 2022
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Capital and Other Regulatory Matters	Regulatory Capital and Other Regulatory Matters Ally is currently subject to enhanced prudential standards that were established by the FRB under the Dodd-Frank Act. Targeted amendments to the Dodd-Frank Act and other financial-services laws were enacted through the EGRRCP Act, including amendments that affect whether and, if so, how the FRB applies enhanced prudential standards to BHCs like us with $100 billion or more but less than $250 billion in total consolidated assets. Through final rules implementing these amendments—which are commonly known as the tailoring framework—the FRB and other U.S. banking agencies established four risk-based categories of prudential standards and capital and liquidity requirements for banking organizations with $100 billion or more in total consolidated assets. The most stringent standards and requirements apply to U.S. global systemically important BHCs, which are assigned to Category I. The assignment of other banking organizations to the remaining three categories is based on measures of size and four other risk-based indicators: cross-jurisdictional activity, wSTWF, nonbank assets, and off-balance-sheet exposure. Under the tailoring framework, Ally is a Category IV firm and, as such, is (1) subject to supervisory stress testing on a two-year cycle, (2) required to submit an annual capital plan to the FRB, (3) required to maintain a buffer of unencumbered highly liquid assets to meet projected net stressed cash outflows over a 30-day planning horizon, (4) exempted from company-run capital stress testing requirements, (5) exempted from the requirements of the LCR and the net stable funding ratio provided that our average wSTWF continues to remain under $50 billion, and (6) exempted from the requirements of the supplementary leverage ratio, the countercyclical capital buffer, and single-counterparty credit limits. Refer to Note 20 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for additional details on the tailoring framework and other applicable capital and liquidity requirements. We continue to be subject to rules enabling the FRB to conduct supervisory stress testing on a more or less frequent basis based on our financial condition, size, complexity, risk profile, scope of operations, or activities, or risks to the U.S. economy. Further, we remain subject to rules requiring the resubmission of our capital plan if we determine that there has been or will be a material change in our risk profile, financial condition, or corporate structure since we last submitted the capital plan or if the FRB determines that (a) our capital plan is incomplete or our capital plan or internal capital adequacy process contains material weaknesses, (b) there has been, or will likely be, a material change in our risk profile (including a material change in our business strategy or any risk exposure), financial condition, or corporate structure, or (c) the BHC stress scenario(s) are not appropriate for our business model and portfolios, or changes in the financial markets or the macroeconomic outlook that could have a material impact on our risk profile and financial condition require the use of updated scenarios. Basel Capital Framework The FRB and other U.S. banking agencies have adopted risk-based and leverage capital standards that establish minimum capital-to-asset ratios for BHCs, like Ally, and depository institutions, like Ally Bank. The risk-based capital ratios are based on a banking organization’s RWAs, which are generally determined under the standardized approach applicable to Ally and Ally Bank by (1) assigning on-balance-sheet exposures to broad risk-weight categories according to the counterparty or, if relevant, the guarantor or collateral (with higher risk weights assigned to categories of exposures perceived as representing greater risk), and (2) multiplying off-balance-sheet exposures by specified credit conversion factors to calculate credit equivalent amounts and assigning those credit equivalent amounts to the relevant risk-weight categories. The leverage ratio, in contrast, is based on an institution’s average unweighted on-balance-sheet exposures. Under U.S. Basel III, Ally and Ally Bank must maintain a minimum Common Equity Tier 1 risk-based capital ratio of 4.5%, a minimum Tier 1 risk-based capital ratio of 6%, and a minimum total risk-based capital ratio of 8%. In addition to these minimum risk-based capital ratios, Ally and Ally Bank are subject to a capital conservation buffer requirement, which for Ally was 3.5% and for Ally Bank was 2.5% as of June 30, 2022, as further described in the next paragraph. Failure to maintain more than the full amount of the capital conservation buffer requirement would result in automatic restrictions on the ability of Ally and Ally Bank to make capital distributions, including dividend payments and stock repurchases and redemptions, and to pay discretionary bonuses to executive officers. U.S. Basel III also subjects Ally and Ally Bank to a minimum Tier 1 leverage ratio of 4%. Prompted by the enactment of the EGRRCP Act, the FRB and other U.S. banking agencies tailored the capital and liquidity requirements that apply to large U.S. banking organizations. In March 2020, the FRB issued a final rule to more closely align forward-looking stress testing results with the FRB’s non-stress regulatory capital requirements for BHCs with $100 billion or more in total consolidated assets and other specified companies. The final rule introduced a stress capital buffer requirement based on firm-specific stress test performance and planned dividends, which for Ally replaced the fixed 2.5% component of the capital conservation buffer requirement. The final rule also made several changes to the CCAR process effective May 2020, such as eliminating the CCAR quantitative objection, narrowing the set of planned capital actions assumed to occur in the stress scenario, assuming that a firm maintains a constant level of assets over the planning horizon, eliminating the 30% dividend payout ratio as a criterion for heightened scrutiny of a firm’s capital plan, and allowing a firm to make capital distributions in excess of those included in its capital plan if the firm is otherwise in compliance with the automatic distribution limits of the capital framework. Under the final rule, Ally’s stress capital buffer requirement is the greater of 2.5% and the result of the following calculation: (1) the difference between Ally’s starting and minimum projected Common Equity Tier 1 capital ratios under the severely adverse scenario in the supervisory stress test, plus (2) the sum of the dollar amount of Ally’s planned common stock dividends for each of the fourth through seventh quarters of its nine-quarter capital planning horizon, as a percentage of RWAs. For a Category IV firm like Ally, the capital conservation buffer requirement comprises the stress capital buffer requirement. The capital conservation buffer requirement applicable to Ally’s depository-institution subsidiary, Ally Bank, continues to be a fixed 2.5%. Ally received its first preliminary stress capital buffer requirement from the FRB in June 2020, which was determined under this new methodology to be 3.5%, was finalized in August 2020, and became effective in October 2020. Ally received an updated preliminary stress capital buffer requirement from the FRB in June 2022, which was determined to be 2.5% and is scheduled to become effective on October 1, 2022. Under applicable capital rules, the maximum amount of capital distributions and discretionary bonus payments that can be made by a banking organization, such as Ally or Ally Bank, is a function of its eligible retained income. During the COVID-19 pandemic, the FRB and other U.S. banking agencies expressed a concern that the definition of eligible retained income would not limit distributions in the gradual manner intended but instead could do so in a sudden and severe manner even if a banking organization were to experience only a modest reduction in its capital ratios. As a result, to better allow a banking organization to use its capital buffer as intended and continue lending in adverse conditions, the U.S. banking agencies issued an interim final rule that became effective in March 2020, and revised the definition of eligible retained income to the greater of (1) a banking organization’s net income for the four preceding calendar quarters, net of any distributions and associated tax effects not already reflected in net income, and (2) the average of a banking organization’s net income over the preceding four quarters. This interim final rule was adopted as final with no changes effective January 1, 2021. Ally and Ally Bank are subject to the U.S. Basel III standardized approach for counterparty credit risk but not to the U.S. Basel III advanced approaches for credit risk or operational risk. Ally is also not subject to the U.S. market-risk capital rule, which applies only to banking organizations with significant trading assets and liabilities. The risk-based capital ratios and the Tier 1 leverage ratio play a central role in PCA, which is an enforcement framework used by the U.S. banking agencies to constrain the activities of depository institutions based on their levels of regulatory capital. Five categories have been established using thresholds for the Common Equity Tier 1 risk-based capital ratio, the Tier 1 risk-based capital ratio, the total risk-based capital ratio, and the Tier 1 leverage ratio: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized. FDICIA generally prohibits a depository institution from making any capital distribution, including any payment of a cash dividend or a management fee to its BHC, if the depository institution would become undercapitalized after the distribution. An undercapitalized institution is also subject to growth limitations and must submit and fulfill a capital restoration plan. While BHCs are not subject to the PCA framework, the FRB is empowered to compel a BHC to take measures—such as the execution of financial or performance guarantees—when PCA is required in connection with one of its depository-institution subsidiaries. At both June 30, 2022, and December 31, 2021, Ally Bank was well capitalized under the PCA framework. Under FDICIA and the PCA framework, insured depository institutions such as Ally Bank must be well capitalized or, with a waiver from the FDIC, adequately capitalized in order to accept brokered deposits, and even adequately capitalized institutions are subject to some restrictions on the rates they may offer for brokered deposits. Brokered deposits totaled $7.0 billion at June 30, 2022, which represented 5.0% of Ally Bank’s total deposits. The following table summarizes our capital ratios under U.S. Basel III. June 30, 2022 December 31, 2021 Required minimum (a) Well-capitalized minimum ($ in millions) Amount Ratio Amount Ratio Capital ratios Common Equity Tier 1 (to risk-weighted assets) Ally Financial Inc. $ 14,650 9.62 % $ 15,143 10.34 % 4.50 % (b) Ally Bank 17,349 11.98 17,253 12.39 4.50 6.50 % Tier 1 (to risk-weighted assets) Ally Financial Inc. $ 16,925 11.11 % $ 17,403 11.89 % 6.00 % 6.00 % Ally Bank 17,349 11.98 17,253 12.39 6.00 8.00 Total (to risk-weighted assets) Ally Financial Inc. $ 19,409 12.75 % $ 19,724 13.47 % 8.00 % 10.00 % Ally Bank 19,166 13.24 18,995 13.64 8.00 10.00 Tier 1 leverage (to adjusted quarterly average assets) (c) Ally Financial Inc. $ 16,925 9.10 % $ 17,403 9.67 % 4.00 % (b) Ally Bank 17,349 9.83 17,253 10.12 4.00 5.00 % (a) In addition to the minimum risk-based capital requirements for the Common Equity Tier 1 capital, Tier 1 capital, and total capital ratios, Ally was required to maintain a minimum capital conservation buffer of 3.5% at both June 30, 2022, and December 31, 2021, and Ally Bank was required to maintain a minimum capital conservation buffer of 2.5% at both June 30, 2022, and December 31, 2021. Beginning October 1, 2022, Ally’s updated preliminary stress capital buffer requirement of 2.5% is scheduled to compose its capital conservation buffer requirement. (b) Currently, there is no ratio component for determining whether a BHC is “well-capitalized.” (c) Federal regulatory reporting guidelines require the calculation of adjusted quarterly average assets using a daily average methodology. On January 1, 2020, we adopted CECL, which is further described in Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K. In December 2018, the FRB and other U.S. banking agencies approved a final rule to address the impact of CECL on regulatory capital by allowing BHCs and banks, including Ally, the option to phase in the day-one impact of CECL over a three-year period. In March 2020, the FRB and other U.S. banking agencies issued an interim final rule that became effective for the first quarter of 2020 and that provided BHCs and banks with an alternative option to temporarily delay an estimate of the impact of CECL, relative to the incurred loss methodology for estimating the allowance for loan losses, on regulatory capital. The interim final rule was clarified and adjusted in a final rule that became effective in September 2020. We elected this alternative option instead of the one described in the December 2018 rule. As a result, under the final rule, we delayed recognizing the estimated impact of CECL on regulatory capital until after a two-year deferral period, which for us extended through December 31, 2021. Beginning on January 1, 2022, we were required to phase in 25% of the previously deferred estimated capital impact of CECL, with an additional 25% to be phased in at the beginning of each subsequent year until fully phased in by the first quarter of 2025. The estimated impact of CECL on regulatory capital that we deferred and began phasing in on January 1, 2022, is generally calculated as the entire day-one impact at adoption plus 25% of the subsequent change in allowance during the two-year deferral period. As of June 30, 2022, the total deferred impact on Common Equity Tier 1 capital related to our adoption of CECL was $887 million. Capital Planning and Stress Tests Under the tailoring framework described earlier in the section titled Basel Capital Framework , we are generally subject to supervisory stress testing on a two-year cycle and exempted from mandated company-run capital stress testing requirements. We are also required to submit an annual capital plan to the FRB. Our annual capital plan must include an assessment of our expected uses and sources of capital and a description of all planned capital actions over a nine-quarter planning horizon, including any issuance of a debt or equity capital instrument, any dividend or other capital distribution, and any similar action that the FRB determines could have an impact on our capital. The plan must also include a detailed description of our process for assessing capital adequacy, including a discussion of how we, under expected and stressful conditions, will maintain capital commensurate with our risks and above the minimum regulatory capital ratios, will serve as a source of strength to Ally Bank, and will maintain sufficient capital to continue our operations by maintaining ready access to funding, meeting our obligations to creditors and other counterparties, and continuing to serve as a credit intermediary. In January 2021, the FRB issued a final rule effective April 5, 2021, to align its capital planning and stress capital buffer requirements with the tailoring framework. Under the final rule, unless otherwise directed by the FRB in specified circumstances, Ally and other Category IV firms are generally no longer required to calculate forward-looking projections of revenues, losses, reserves, and pro forma capital levels under scenarios provided by the FRB. Each firm continues to be required, however, to provide a forward-looking analysis of income and capital levels under expected and stressful conditions that are designed by the firm. In addition, for Category IV firms, the final rule updated the frequency of calculating the portion of the stress capital buffer derived from the supervisory stress test to every other year. These firms have the ability to elect to participate in the supervisory stress test—and receive a correspondingly updated stress capital buffer requirement—in a year in which they would not generally be subject to the supervisory stress test. During a year in which a Category IV firm does not undergo a supervisory stress test, the firm would receive an updated stress capital buffer requirement that reflects its updated planned common-stock dividends. The final rule also includes reporting and other changes consistent with the tailoring framework. Ally did not opt into the 2021 supervisory stress test but was subject to the 2022 supervisory stress test. We submitted our 2021 capital plan on April 5, 2021, which included planned capital distributions to common stockholders through share repurchases and cash dividends and other capital actions over the nine-quarter planning horizon. On January 11, 2021, our Board authorized a stock-repurchase program, permitting us to repurchase up to $1.6 billion of our common stock from time to time from the first quarter of 2021 through the fourth quarter of 2021 subject to restrictions imposed by the FRB. On July 12, 2021, our Board authorized an increase in the maximum amount of this stock-repurchase program, from $1.6 billion to $2.0 billion. During the second quarter of 2021, we issued $1.35 billion of Series B Preferred Stock and $1.0 billion of Series C Preferred Stock, both of which qualify as additional Tier 1 capital under U.S. Basel III. The proceeds from these issuances were used to redeem a portion of the Series 2 TRUPS then outstanding. Refer to Note 15 for additional details about these instruments and capital actions. In June 2021, we submitted an updated capital plan to the FRB reflecting these capital actions and increases in our stock-repurchase program and common-stock dividend. This updated capital plan was used by the FRB to recalculate Ally’s final stress capital buffer requirement, which was announced in August 2021 and remained unchanged at 3.5%. We submitted our 2022 capital plan to the FRB on April 5, 2022. Ally received an updated preliminary stress capital buffer requirement from the FRB in June 2022, which was determined to be 2.5% and is scheduled to become effective on October 1, 2022. On January 10, 2022, our Board authorized a stock-repurchase program, permitting us to repurchase up to $2.0 billion of our common stock from time to time from the first quarter of 2022 through the fourth quarter of 2022 subject to restrictions imposed by the FRB, and an increase in our cash dividend on common stock from $0.25 per share for the fourth quarter of 2021 to $0.30 per share for the first quarter of 2022. Our ability to make capital distributions, including our ability to pay dividends or repurchase shares of our common stock, will continue to be subject to the FRB’s review and our internal governance requirements, including approval by our Board. The amount and size of any future dividends and share repurchases also will be subject to various factors, including Ally’s capital and liquidity positions, accounting and regulatory considerations (including any restrictions that may be imposed by the FRB), impacts related to the COVID-19 pandemic, financial and operational performance, alternative uses of capital, common-stock price, and general market conditions, and may be extended, modified, or discontinued at any time. The following table presents information related to our common stock and distributions to our common stockholders. Common stock repurchased during period (a) (b) Number of common shares outstanding Cash dividends declared per common share (c) ($ in millions, except per share data; shares in thousands) Approximate dollar value Number of shares Beginning of period End of period 2021 First quarter $ 219 5,276 374,674 371,805 $ 0.19 Second quarter 502 9,641 371,805 362,639 0.19 Third quarter 679 13,055 362,639 349,599 0.25 Fourth quarter 594 12,046 349,599 337,941 0.25 2022 First quarter $ 584 12,548 337,941 327,306 $ 0.30 Second quarter 600 15,031 327,306 312,781 0.30 (a) Includes shares of common stock withheld to cover income taxes owed by participants in our share-based incentive plans. (b) Our aggregate common-stock dividends and share repurchases in the first and second quarters of 2021 were limited by actions taken by the FRB to address the economic uncertainty from the COVID-19 pandemic. Refer to Note 20 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for further details about these actions. (c) On July 14, 2022, our Board declared a quarterly cash dividend of $0.30 per share on all common stock, payable on August 15, 2022, to stockholders of record at the close of business on August 1, 2022. Refer to Note 25 for further information regarding this common-stock dividend.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging ActivitiesWe enter into derivative instruments, which may include interest rate swaps, foreign-currency forwards, equity options, and interest rate options in connection with our risk-management activities. Our primary objective for utilizing derivative financial instruments is to manage interest rate risk associated with our fixed-rate and variable-rate assets and liabilities, foreign exchange risks related to our net investments in foreign subsidiaries as well as foreign-currency denominated assets and liabilities, and other market risks related to our investment portfolio. Interest Rate Risk We monitor our mix of fixed-rate and variable-rate assets and liabilities and may enter into interest rate swaps, forwards, and options to achieve our desired mix of fixed-rate and variable-rate assets and liabilities. We execute these trades to modify our exposure to interest rate risk by converting certain fixed-rate instruments to a variable-rate and certain variable-rate instruments to a fixed-rate. We use a mix of both derivatives that qualify for hedge accounting treatment and economic hedges that do not qualify for hedge accounting treatment. Derivatives qualifying for hedge accounting treatment can include receive-fixed swaps designated as fair value hedges of specific fixed-rate unsecured debt obligations, receive-fixed swaps designated as fair value hedges of specific fixed-rate FHLB advances, pay-fixed swaps designated as fair value hedges of securities within our available-for-sale portfolio, and pay-fixed swaps designated as fair value hedges of fixed-rate held-for-investment consumer automotive loan assets. Other derivatives qualifying for hedge accounting consist of pay-fixed swaps designated as cash flow hedges of the expected future cash flows in the form of interest payments on certain variable-rate borrowings and deposit liabilities, as well as interest rate floor contracts designated as cash flow hedges of the expected future cash flows in the form of interest receipts on a portion of our dealer floorplan commercial loans. We execute economic hedges, which may consist of interest rate swaps, interest rate caps, forwards, and options to mitigate interest rate risk. We also enter into interest rate lock commitments and forward commitments that are executed as part of our mortgage business that meet the accounting definition of a derivative. Foreign Exchange Risk We enter into derivative financial instrument contracts to mitigate the risk associated with variability in cash flows related to our various foreign-currency exposures. We enter into foreign-currency forwards with external counterparties as net investment hedges of foreign exchange exposure on our investment in foreign subsidiaries. Our equity is impacted by the cumulative translation adjustments resulting from the translation of foreign subsidiary results; this impact is reflected in our accumulated other comprehensive income. We also periodically enter into foreign-currency forwards to economically hedge any foreign-denominated debt, centralized lending, and foreign-denominated third-party loans. These foreign-currency forwards that are used as economic hedges are recorded at fair value with changes recorded as income or expense offsetting the gains and losses on the associated foreign-currency transactions. Investment Risk We enter into equity options to mitigate the risk associated with our exposure to the equity markets. Credit Risk We enter into various retail automotive-loan purchase agreements with certain counterparties. As part of those agreements, we may withhold a portion of the purchase price from the counterparty and be required to pay the counterparty all or part of the amount withheld at agreed upon measurement dates and determinable amounts if actual credit performance of the acquired loans on the measurement date is better than or equal to what was estimated at the time of acquisition. Based upon these terms, these contracts meet the accounting definition of a derivative. Counterparty Credit Risk Derivative financial instruments contain an element of credit risk if counterparties are unable to meet the terms of the agreements. Credit risk associated with derivative financial instruments is measured as the net replacement cost should the counterparties that owe us under the contract completely fail to perform under the terms of those contracts, assuming no recoveries of underlying collateral as measured by the market value of the derivative financial instrument. We manage our risk to financial counterparties through internal credit analysis, limits, and monitoring. Additionally, derivatives and repurchase agreements are entered into with approved counterparties using industry standard agreements. We execute certain OTC derivatives, such as interest rate caps and floors, using bilateral agreements with financial counterparties. Bilateral agreements generally require both parties to post collateral in the event the fair values of the derivative financial instruments meet posting thresholds established under the agreements. If either party defaults on the obligation, the secured party may seize the collateral. Payments related to the exchange of collateral for OTC derivatives are recognized as collateral. We also execute certain derivatives, such as interest rate swaps, with clearinghouses, which requires us to post and receive collateral. For these clearinghouse derivatives, these payments are recognized as settlements rather than collateral. Certain derivative instruments contain provisions that require us to either post additional collateral or immediately settle any outstanding liability balances upon the occurrence of a specified credit-risk-related event. No such specified credit-risk-related events occurred during the six months ended June 30, 2022, or 2021. We placed cash and noncash collateral totaling $3 million and $304 million, respectively, supporting our derivative positions at June 30, 2022, compared to $2 million and $203 million of cash and noncash collateral at December 31, 2021, in accounts maintained by counterparties. These amounts include collateral placed at clearinghouses and exclude cash and noncash collateral pledged under repurchase agreements. The receivables for cash collateral placed are included on our Condensed Consolidated Balance Sheet in other assets. We granted our counterparties the right to sell or pledge the noncash collateral. We received cash collateral from counterparties totaling $56 million and $4 million in accounts maintained by counterparties at June 30, 2022, and December 31, 2021, respectively. This amount includes collateral received from clearinghouses and excludes cash and noncash collateral pledged under repurchase agreements. The payables for cash collateral received are included on our Condensed Consolidated Balance Sheet in accrued expenses and other liabilities. Balance Sheet Presentation The following table summarizes the amounts of derivative instruments reported on our Condensed Consolidated Balance Sheet. The amounts are presented on a gross basis, are segregated by derivatives that are designated and qualifying as hedging instruments or those that are not, and are further segregated by type of contract within those two categories. Derivative contracts in a receivable and payable position exclude open trade equity on derivatives cleared through central clearing counterparties. Any associated margin exchanged with our central clearing counterparties are treated as settlements of the derivative exposure, rather than collateral. Such payments are recognized as settlements of the derivatives contracts in a receivable and payable position on our Condensed Consolidated Balance Sheet. Notional amounts are reference amounts from which contractual obligations are derived and are not recorded on the balance sheet. In our view, derivative notional is not an accurate measure of our derivative exposure when viewed in isolation from other factors, such as market rate fluctuations and counterparty credit risk. June 30, 2022 December 31, 2021 Derivative contracts in a Notional amount Derivative contracts in a Notional amount ($ in millions) receivable position payable position receivable position payable position Derivatives designated as accounting hedges Interest rate contracts Swaps $ — $ — $ 24,780 $ — $ — $ 17,039 Foreign exchange contracts Forwards — 1 151 — 2 171 Total derivatives designated as accounting hedges — 1 24,931 — 2 17,210 Derivatives not designated as accounting hedges Interest rate contracts Futures and forwards 1 — 168 1 — 223 Written options 2 4 273 5 2 580 Total interest rate risk 3 4 441 6 2 803 Foreign exchange contracts Futures and forwards — 2 156 — 1 154 Total foreign exchange risk — 2 156 — 1 154 Credit contracts (a) Other credit derivatives — 48 n/a — 56 n/a Total credit risk — 48 n/a — 56 n/a Equity contracts Written options — — — — 1 2 Purchased options 1 — — 1 — — Total equity risk 1 — — 1 1 2 Total derivatives not designated as accounting hedges 4 54 597 7 60 959 Total derivatives $ 4 $ 55 $ 25,528 $ 7 $ 62 $ 18,169 n/a = not applicable (a) The maximum potential amount of undiscounted future payments that could be required under these credit derivatives was $102 million and $119 million as of June 30, 2022, and December 31, 2021, respectively. The following table presents amounts recorded on our Condensed Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges. ($ in millions) Carrying amount of the hedged items Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items Total Discontinued (a) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Assets Available-for-sale securities (b) $ 5,499 $ 5,119 $ (98) $ (14) $ (127) $ (30) Finance receivables and loans, net (c) 46,152 44,098 (501) (37) (83) 46 Liabilities Long-term debt $ 6,672 $ 7,213 $ 106 $ 110 $ 110 $ 110 (a) Represents the fair value hedging adjustment on qualifying hedges for which the hedging relationship was discontinued. This represents a subset of the amounts reported in the total hedging adjustment. (b) These amounts include the amortized cost basis of closed portfolios of available-for-sale securities used to designate hedging relationships in which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. At June 30, 2022, and December 31, 2021, the amortized cost basis of the closed portfolios used in these hedging relationships was $3.8 billion and $3.9 billion, respectively. At June 30, 2022, and December 31, 2021, the total cumulative basis adjustments associated with these hedging relationships was a $80 million liability and a $6 million liability, respectively, of which the portion related to discontinued hedging relationships was a $101 million liability and a $20 million liability, respectively. At June 30, 2022, and December 31, 2021, the notional amounts of the designated hedged items were $2.7 billion and $1.2 billion, respectively, with cumulative basis adjustments of a $21 million asset and a $14 million asset, respectively, which would be allocated across the entire remaining closed pool upon termination or maturity of the hedge relationship. Refer to Note 7 for a reconciliation of the amortized cost and fair value of available-for-sale securities. (c) These amounts include the amortized cost basis of closed portfolios of loan receivables used to designate hedging relationships in which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. At June 30, 2022, and December 31, 2021, the amortized cost basis of the closed portfolios used in these hedging relationships was $46.2 billion and $44.1 billion, respectively. At June 30, 2022, and December 31, 2021, the total cumulative basis adjustments associated with these hedging relationships was a $501 million liability and a $37 million liability, respectively, of which the portion related to discontinued hedging relationships was a $83 million liability and a $46 million asset, respectively. At June 30, 2022, and December 31, 2021, the notional amounts of the designated hedged items were $20.3 billion and $15.6 billion, respectively, with cumulative basis adjustments of a $419 million liability and an $82 million liability, respectively, which would be allocated across the entire remaining closed pool upon termination or maturity of the hedge relationship. Statement of Income Presentation The following table summarizes the location and amounts of gains and losses on derivative instruments not designated as accounting hedges reported in our Condensed Consolidated Statement of Comprehensive Income. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Gain (loss) recognized in earnings Interest rate contracts Gain (loss) on mortgage and automotive loans, net $ 3 $ (1) $ 1 $ (8) Other income, net of losses 3 2 6 2 Total interest rate contracts 6 1 7 (6) Foreign exchange contracts Other operating expenses 5 (2) 2 (4) Total foreign exchange contracts 5 (2) 2 (4) Credit contracts Other income, net of losses (1) (7) (2) (15) Total credit contracts (1) (7) (2) (15) Total gain (loss) recognized in earnings $ 10 $ (8) $ 7 $ (25) The following tables summarize the location and amounts of gains and losses on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income. Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on deposits Interest on long-term debt Three months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Hedged fixed-rate unsecured debt $ — $ — $ — $ — $ — $ — $ 6 $ (66) Derivatives designated as hedging instruments on fixed-rate unsecured debt — — — — — — (6) 66 Hedged available-for-sale securities — — (47) (4) — — — — Derivatives designated as hedging instruments on available-for-sale securities — — 47 4 — — — — Hedged fixed-rate consumer automotive loans (149) (38) — — — — — — Derivatives designated as hedging instruments on fixed-rate consumer automotive loans 149 38 — — — — — — Total gain on fair value hedging relationships — — — — — — — — Gain on cash flow hedging relationships Interest rate contracts Hedged variable-rate commercial loans Reclassified from accumulated other comprehensive income into income 5 18 — — — — — — Reclassified from accumulated other comprehensive income into income as a result of a forecasted transaction being probable not to occur — 4 — — — — — — Total gain on cash flow hedging relationships $ 5 $ 22 $ — $ — $ — $ — $ — $ — Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income $ 1,842 $ 1,588 $ 203 $ 147 $ 263 $ 268 $ 184 $ 230 Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on deposits Interest on long-term debt Six months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Hedged fixed-rate unsecured debt $ — $ — $ — $ — $ — $ — $ 4 $ 73 Derivatives designated as hedging instruments on fixed-rate unsecured debt — — — — — — (4) (73) Hedged available-for-sale securities — — (89) (17) — — — — Derivatives designated as hedging instruments on available-for-sale securities — — 89 17 — — — — Hedged fixed-rate consumer automotive loans (453) (77) — — — — — — Derivatives designated as hedging instruments on fixed-rate consumer automotive loans 453 77 — — — — — — Total gain on fair value hedging relationships — — — — — — — — (Loss) gain on cash flow hedging relationships Interest rate contracts Hedged deposit liabilities Reclassified from accumulated other comprehensive income into income — — — — — (1) — — Hedged variable-rate commercial loans Reclassified from accumulated other comprehensive income into income 11 40 — — — — — — Reclassified from accumulated other comprehensive income into income as a result of a forecasted transaction being probable not to occur — 4 — — — — — — Total gain (loss) on cash flow hedging relationships $ 11 $ 44 $ — $ — $ — $ (1) $ — $ — Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income $ 3,556 $ 3,170 $ 391 $ 278 $ 474 $ 574 $ 369 $ 480 During the next 12 months, we estimate $20 million of gains will be reclassified into pretax earnings from derivatives designated as cash flow hedges. The following tables summarize the location and amounts of gains and losses related to interest and amortization on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income. Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on long-term debt Three months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Amortization of deferred unsecured debt basis adjustments $ — $ — $ — $ — $ 1 $ 1 Interest for qualifying accounting hedges of unsecured debt — — — — 1 2 Amortization of deferred secured debt basis adjustments (FHLB advances) — — — — (1) (3) Amortization of deferred basis adjustments of available-for-sale securities — — 4 (1) — — Interest for qualifying accounting hedges of available-for-sale securities — — — (3) — — Amortization of deferred loan basis adjustments (2) (11) — — — — Interest for qualifying accounting hedges of consumer automotive loans held for investment (5) (32) — — — — Total (loss) gain on fair value hedging relationships $ (7) $ (43) $ 4 $ (4) $ 1 $ — Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on long-term debt Six months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Amortization of deferred unsecured debt basis adjustments $ — $ — $ — $ — $ 2 $ 2 Interest for qualifying accounting hedges of unsecured debt — — — — 1 3 Amortization of deferred secured debt basis adjustments (FHLB advances) — — — — (2) (8) Amortization of deferred basis adjustments of available-for-sale securities — — 5 (3) — — Interest for qualifying accounting hedges of available-for-sale securities — — (1) (4) — — Amortization of deferred loan basis adjustments (11) (24) — — — — Interest for qualifying accounting hedges of consumer automotive loans held for investment (23) (62) — — — — Total (loss) gain on fair value hedging relationships $ (34) $ (86) $ 4 $ (7) $ 1 $ (3) The following table summarizes the effect of cash flow hedges on accumulated other comprehensive loss. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Interest rate contracts Loss recognized in other comprehensive loss $ (5) $ (22) $ (11) $ (43) The following table summarizes the effect of net investment hedges on accumulated other comprehensive loss and the Condensed Consolidated Statement of Comprehensive Income. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Foreign exchange contracts (a) (b) Gain (loss) recognized in other comprehensive loss $ 4 $ (3) $ 1 $ (5) (a) There were no amounts excluded from effectiveness testing for the three months and six months ended June 30, 2022, or 2021.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We recognized total income tax expense from continuing operations of $152 million and $343 million for the three months and six months ended June 30, 2022, respectively, compared to income tax expense of $143 million and $354 million for the same periods in 2021. The increase in income tax expense for the three months ended June 30, 2022, compared to the same period in 2021, was primarily due to adjustments to the valuation allowance on foreign tax credit carryforwards, partially offset by the tax effects of a decrease in pretax earnings. The decrease in income tax expense for the six months ended June 30, 2022, compared to the same period in 2021, was primarily due to the tax effects of a decrease in pretax earnings, partially offset by adjustments to the valuation allowance on foreign tax credit carryforwards. As of each reporting date, we consider existing evidence, both positive and negative, that could impact our view with regard to future realization of deferred tax assets. We continue to believe it is more likely than not that the benefit for certain foreign tax credit carryforwards and state net operating loss carryforwards will not be realized. In recognition of this risk, we continue to provide a partial valuation allowance on the deferred tax assets relating to these carryforwards and it is reasonably possible that the valuation allowance may change in the next 12 months.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Fair Value Measurements For purposes of this disclosure, fair value is defined as the exchange price that would be received to sell an asset or paid to transfer a liability (exit price) in the principal or most advantageous market in an orderly transaction between market participants at the measurement date under current market conditions. Fair value is based on the assumptions we believe market participants would use when pricing an asset or liability. Additionally, entities are required to consider all aspects of nonperformance risk, including the entity’s own credit standing, when measuring the fair value of a liability. GAAP specifies a three-level hierarchy that is used when measuring and disclosing fair value. The fair value hierarchy gives the highest priority to quoted prices available in active markets (i.e., observable inputs) and the lowest priority to data lacking transparency (i.e., unobservable inputs). An instrument’s categorization within the fair value hierarchy is based on the lowest level of significant input to its valuation. The following is a description of the three hierarchy levels. Level 1 Inputs are quoted prices in active markets for identical assets or liabilities at the measurement date. Additionally, the entity must have the ability to access the active market, and the quoted prices cannot be adjusted by the entity. Level 2 Inputs are other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices in active markets for similar assets or liabilities; quoted prices in inactive markets for identical or similar assets or liabilities; or inputs that are observable or can be corroborated by observable market data by correlation or other means for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs are supported by little or no market activity. The unobservable inputs represent management’s best assumptions of how market participants would price the assets or liabilities. Generally, Level 3 assets and liabilities are valued using pricing models, discounted cash flow methodologies, or similar techniques that require significant judgment or estimation. Judgment is used in estimating inputs to our internal valuation models used to estimate our Level 3 fair value measurements. Level 3 inputs such as interest rate movements, prepayment speeds, credit losses, and discount rates are inherently difficult to estimate. Changes to these inputs can have a significant effect on fair value measurements and amounts that could be realized. The following are descriptions of the valuation methodologies used to measure material assets and liabilities at fair value and details of the valuation models, key inputs to those models, and significant assumptions utilized. • Equity securities — We hold various marketable equity securities measured at fair value with changes in fair value recognized in net income. Measurements based on observable market prices are classified as Level 1. • Available-for-sale securities — We carry our available-for-sale securities at fair value based on external pricing sources. We classify our securities as Level 1 when fair value is determined using quoted prices available for the same instruments trading in active markets. We classify our securities as Level 2 when fair value is determined using prices for similar instruments trading in active markets. We perform pricing validation procedures for our available-for-sale securities. • Derivative instruments — We enter into a variety of derivative financial instruments as part of our risk-management strategies. Certain of these derivatives are exchange traded, such as equity options. To determine the fair value of these instruments, we utilize the quoted market prices for those particular derivative contracts; therefore, we classified these contracts as Level 1. We also execute OTC and centrally cleared derivative contracts, such as interest rate swaps, foreign-currency denominated forward contracts, caps, floors, and agency to-be-announced securities. We utilize third-party-developed valuation models that are widely accepted in the market to value these derivative contracts. The specific terms of the contract and market observable inputs (such as interest rate forward curves, interpolated volatility assumptions, or equity pricing) are used in the model. We classified these derivative contracts as Level 2 because all significant inputs into these models were market observable. We also enter into interest rate lock commitments that are executed as part of our mortgage business, certain of which meet the accounting definition of a derivative and therefore are recorded as derivatives on our Condensed Consolidated Balance Sheet. Interest rate lock commitments are valued using internal pricing models with unobservable inputs, so they are classified as Level 3. We purchase automotive finance receivables and loans from third parties as part of forward flow arrangements and, from time-to-time, execute opportunistic ad-hoc bulk purchases. As part of those agreements, we may withhold a portion of the purchase price from the counterparty and be required to pay the counterparty all or part of the amount withheld at agreed upon measurement dates and determinable amounts if actual credit performance of the acquired loans on the measurement date is better than or equal to what was estimated at the time of acquisition. Because these contracts meet the accounting definition of a derivative, we recognize a liability at fair value for these deferred purchase price payments. The fair value of these liabilities is determined using a discounted cash flow method. To estimate cash flows, we utilize various significant assumptions, including market observable inputs (for example, forward interest rates) and internally developed inputs (for example, prepayment speeds, delinquency levels, and expected credit losses). These liabilities are valued using internal loss models with unobservable inputs, and are classified as Level 3. We are required to consider all aspects of nonperformance risk, including our own credit standing, when measuring fair value of a liability. We reduce credit risk on the majority of our derivatives by entering into legally enforceable agreements that enable the posting and receiving of collateral associated with the fair value of our derivative positions on an ongoing basis. In the event that we do not enter into legally enforceable agreements that enable the posting and receiving of collateral, we will consider our credit risk and the credit risk of our counterparties in the valuation of derivative instruments through a CVA, if warranted. The CVA calculation would utilize the credit default swap spreads of the counterparty. Recurring Fair Value The following tables display the assets and liabilities measured at fair value on a recurring basis including financial instruments elected for the fair value option. We often economically hedge the fair value change of our assets or liabilities with derivatives and other financial instruments. The tables below display the hedges separately from the hedged items; therefore, they do not directly display the impact of our risk-management activities. Recurring fair value measurements June 30, 2022 ($ in millions) Level 1 Level 2 Level 3 Total Assets Investment securities Equity securities (a) $ 733 $ — $ 2 $ 735 Available-for-sale securities Debt securities U.S. Treasury and federal agencies 2,374 — — 2,374 U.S. States and political subdivisions — 776 12 788 Foreign government 38 111 — 149 Agency mortgage-backed residential — 17,859 — 17,859 Mortgage-backed residential — 4,654 — 4,654 Agency mortgage-backed commercial — 3,730 — 3,730 Asset-backed — 475 — 475 Corporate debt — 1,714 — 1,714 Total available-for-sale securities 2,412 29,319 12 31,743 Mortgage loans held-for-sale (b) — 81 — 81 Finance receivables and loans, net Consumer other (b) — — 7 7 Other assets Derivative contracts in a receivable position Interest rate — 1 2 3 Equity contracts 1 — — 1 Total derivative contracts in a receivable position 1 1 2 4 Total assets $ 3,146 $ 29,401 $ 23 $ 32,570 Liabilities Accrued expenses and other liabilities Derivative contracts in a payable position Interest rate $ — $ — $ 4 $ 4 Foreign currency — 3 — 3 Credit contracts — — 48 48 Total derivative contracts in a payable position — 3 52 55 Total liabilities $ — $ 3 $ 52 $ 55 (a) Our direct investment in any one industry did not exceed 14%. (b) Carried at fair value due to fair value option elections. Recurring fair value measurements December 31, 2021 ($ in millions) Level 1 Level 2 Level 3 Total Assets Investment securities Equity securities (a) $ 1,093 $ — $ 9 $ 1,102 Available-for-sale securities Debt securities U.S. Treasury and federal agencies 2,155 — — 2,155 U.S. States and political subdivisions — 855 9 864 Foreign government 19 138 — 157 Agency mortgage-backed residential — 19,039 — 19,039 Mortgage-backed residential — 4,425 — 4,425 Agency mortgage-backed commercial — 4,526 — 4,526 Asset-backed — 534 — 534 Corporate debt — 1,887 — 1,887 Total available-for-sale securities 2,174 31,404 9 33,587 Mortgage loans held-for-sale (b) — 80 — 80 Finance receivables and loans, net Consumer other (b) — — 7 7 Other assets Derivative contracts in a receivable position Interest rate — 1 5 6 Equity contracts 1 — — 1 Total derivative contracts in a receivable position 1 1 5 7 Total assets $ 3,268 $ 31,485 $ 30 $ 34,783 Liabilities Accrued expenses and other liabilities Derivative contracts in a payable position Interest rate $ — $ — $ 2 $ 2 Foreign currency — 3 — 3 Credit contracts — — 56 56 Equity contracts 1 — — 1 Total derivative contracts in a payable position 1 3 58 62 Total liabilities $ 1 $ 3 $ 58 $ 62 (a) Our direct investment in any one industry did not exceed 8%. (b) Carried at fair value due to fair value option elections. The following tables present the reconciliation for all Level 3 assets and liabilities measured at fair value on a recurring basis. We often economically hedge the fair value change of our assets or liabilities with derivatives and other financial instruments. The Level 3 items presented below may be hedged by derivatives and other financial instruments that are classified as Level 1 or Level 2. Thus, the following tables do not fully reflect the impact of our risk-management activities. Equity securities (a) Available-for-sale securities Mortgage loans held-for-sale (b) (c) Finance receivables and loans, net (b) ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Assets Fair value at April 1, $ 1 $ 11 $ 11 $ 7 $ — $ 146 $ 7 $ 8 Net realized/unrealized gains Included in earnings 1 — — — — 21 — — Included in OCI — — — — — — — — Purchases — — 1 — — 812 4 5 Sales — (2) — — — (882) — — Issuances — — — — — — — — Settlements — — — — — — (4) (5) Transfers into Level 3 — — — — — — — — Transfers out of Level 3 — — — — — — — — Fair value at June 30 $ 2 $ 9 $ 12 $ 7 $ — $ 97 $ 7 $ 8 Net unrealized gains still held at June 30, Included in earnings $ — $ — $ — $ — $ — $ 1 $ — $ — Included in OCI — — — — — — — — (a) Net realized/unrealized gains are reported as other gain on investments, net, in the Condensed Consolidated Statement of Comprehensive Income. (b) Carried at fair value due to fair value option elections. (c) Net realized/unrealized gains (losses) are reported as gain on mortgage and automotive loans, net, in the Condensed Consolidated Statement of Comprehensive Income. Derivative liabilities, net of derivative assets (a) ($ in millions) 2022 2021 Liabilities Fair value at April 1, $ 61 $ 28 Net realized/unrealized (gains) losses Included in earnings (1) 7 Included in OCI — — Purchases — — Sales — — Issuances — 2 Settlements (10) — Transfers into Level 3 — — Transfers out of Level 3 — — Fair value at June 30, $ 50 $ 37 Net unrealized (gains) losses still held at June 30, Included in earnings $ (1) $ 10 Included in OCI — — (a) Net realized/unrealized (gains) losses are reported as gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income. Equity securities (a) Available-for-sale securities Mortgage loans held-for-sale (b) (c) Finance receivables and loans, net (b) (d) ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Assets Fair value at January 1, $ 9 $ 7 $ 9 $ 7 $ — $ 91 $ 7 $ 8 Net realized/unrealized gains (losses) Included in earnings 2 4 — — — 49 (1) 1 Included in OCI — — — — — — — — Purchases — — 3 — — 1,851 8 8 Sales (9) (2) — — — (1,894) — — Issuances — — — — — — — — Settlements — — — — — — (7) (9) Transfers into Level 3 — — — — — — — — Transfers out of Level 3 — — — — — — — — Fair value at June 30, $ 2 $ 9 $ 12 $ 7 $ — $ 97 $ 7 $ 8 Net unrealized gains (losses) still held at June 30, Included in earnings $ — $ 4 $ — $ — $ — $ 1 $ (1) $ — Included in OCI — — — — — — — — (a) Net realized/unrealized gains are reported as other gain on investments, net, in the Condensed Consolidated Statement of Comprehensive Income. (b) Carried at fair value due to fair value option elections. (c) Net realized/unrealized gains are reported as gain on mortgage and automotive loans, net, in the Condensed Consolidated Statement of Comprehensive Income. (d) Net realized/unrealized (losses) gains are reported as other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income. Derivative liabilities, net of derivative assets (a) ($ in millions) 2022 2021 Liabilities Fair value at January 1, $ 53 $ 12 Net realized/unrealized losses Included in earnings 7 22 Included in OCI — — Purchases — — Sales — — Issuances — 3 Settlements (10) — Transfers into Level 3 — — Transfers out of Level 3 — — Fair value at June 30, $ 50 $ 37 Net unrealized (gains) losses still held at June 30, Included in earnings $ (4) $ 25 Included in OCI — — (a) Net realized/unrealized losses (gains) are reported as gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income. Nonrecurring Fair Value We may be required to measure certain assets and liabilities at fair value from time to time. These periodic fair value measures typically result from the application of lower-of-cost or fair value accounting or certain impairment measures. These items would constitute nonrecurring fair value measures. The following tables display assets and liabilities measured at fair value on a nonrecurring basis and still held at June 30, 2022, and December 31, 2021, respectively. The amounts are generally as of the end of each period presented, which approximate the fair value measurements that occurred during each period. Nonrecurring fair value measurements Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments Total gain (loss) included in earnings June 30, 2022 ($ in millions) Level 1 Level 2 Level 3 Total Assets Loans held-for-sale, net $ — $ — $ 717 $ 717 $ — n/m (a) Commercial finance receivables and loans, net (b) Automotive — — 5 5 — n/m (a) Other — — 60 60 (77) n/m (a) Total commercial finance receivables and loans, net — — 65 65 (77) n/m (a) Other assets Nonmarketable equity investments — — 12 12 — n/m (a) Repossessed and foreclosed assets (c) — — 5 5 — n/m (a) Total assets $ — $ — $ 799 $ 799 $ (77) n/m n/m = not meaningful (a) We consider the applicable valuation allowance, allowance for loan losses, or cumulative impairment to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment. (b) Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables. (c) The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value. Nonrecurring fair value measurements Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments Total gain (loss) included in earnings December 31, 2021 ($ in millions) Level 1 Level 2 Level 3 Total Assets Loans held-for-sale, net $ — $ — $ 468 $ 468 $ — n/m (a) Commercial finance receivables and loans, net (b) Automotive — — 4 4 — n/m (a) Other — — 112 112 (65) n/m (a) Total commercial finance receivables and loans, net — — 116 116 (65) n/m (a) Other assets Nonmarketable equity investments — — 7 7 (5) n/m (a) Repossessed and foreclosed assets (c) — — 4 4 — n/m (a) Total assets $ — $ — $ 595 $ 595 $ (70) n/m n/m = not meaningful (a) We consider the applicable valuation allowance, allowance for loan losses, or cumulative impairment to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment. (b) Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables. (c) The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value. Fair Value Option for Financial Assets We elected the fair value option for an insignificant amount of conforming mortgage loans held-for-sale and certain acquired personal lending finance receivables. We elected the fair value option for conforming mortgage loans held-for-sale to mitigate earnings volatility by better matching the accounting for the assets with the related derivatives. We elected the fair value option for certain acquired personal lending finance receivables to mitigate the complexities of recording these loans at amortized cost. Our intent in electing fair value measurement was to mitigate a divergence between accounting gains or losses and economic exposure for certain assets and liabilities. Fair Value of Financial Instruments The following table presents the carrying and estimated fair value of financial instruments, except for those recorded at fair value on a recurring basis presented in the previous section of this note titled Recurring Fair Value. When possible, we use quoted market prices to determine fair value. Where quoted market prices are not available, the fair value is internally derived based on appropriate valuation methodologies with respect to the amount and timing of future cash flows and estimated discount rates. However, considerable judgment is required in interpreting current market data to develop the market assumptions and inputs necessary to estimate fair value. As such, the actual amount received to sell an asset or the amount paid to settle a liability could differ from our estimates. Fair value information presented herein was based on information available at June 30, 2022, and December 31, 2021. Estimated fair value ($ in millions) Carrying value Level 1 Level 2 Level 3 Total June 30, 2022 Financial assets Held-to-maturity securities $ 1,112 $ — $ 998 $ — $ 998 Loans held-for-sale, net 717 — — 717 717 Finance receivables and loans, net 125,000 — — 128,544 128,544 FHLB/FRB stock (a) 997 — 997 — 997 Financial liabilities Deposit liabilities $ 38,629 $ — $ — $ 38,312 $ 38,312 Short-term borrowings 7,775 — — 7,779 7,779 Long-term debt 16,984 — 11,447 6,379 17,826 December 31, 2021 Financial assets Held-to-maturity securities $ 1,170 $ — $ 1,204 $ — $ 1,204 Loans held-for-sale, net 469 — — 469 469 Finance receivables and loans, net 118,994 — — 126,044 126,044 FHLB/FRB stock (a) 738 — 738 — 738 Financial liabilities Deposit liabilities $ 40,953 $ — $ — $ 41,164 $ 41,164 Long-term debt 17,029 — 12,637 6,892 19,529 (a) Included in other assets on our Condensed Consolidated Balance Sheet. In addition to the financial instruments presented in the above table, we have various financial instruments for which the carrying value approximates the fair value due to their short-term nature and limited credit risk. These instruments include cash and cash equivalents, restricted cash, cash collateral, accrued interest receivable, accrued interest payable, trade receivables and payables, and other short-term receivables and payables. Included in cash and cash equivalents are highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of change in value due to interest rate, quoted price, or penalty on withdrawal. Classified as Level 1 under the fair value hierarchy, cash and cash equivalents generally expose us to limited credit risk and are so near maturity that they present insignificant risk of changes in value because of changes in interest rates.

Offsetting Assets and Liabiliti

Offsetting Assets and Liabilities	6 Months Ended
	Jun. 30, 2022
Offsetting [Abstract]
Offsetting Assets and Liabilities	Offsetting Assets and LiabilitiesOur derivative contracts and repurchase/reverse repurchase transactions are supported by qualifying master netting and master repurchase agreements. These agreements are legally enforceable bilateral agreements that (i) create a single legal obligation for all individual transactions covered by the agreement to the nondefaulting entity upon an event of default of the counterparty, including bankruptcy, insolvency, or similar proceeding, and (ii) provide the nondefaulting entity the right to accelerate, terminate, and close-out on a net basis all transactions under the agreement and to liquidate or set off collateral promptly upon an event of default of the counterparty. To further mitigate the risk of counterparty default related to derivative instruments, we maintain collateral agreements with certain counterparties. The agreements require both parties to maintain collateral in the event the fair values of the derivative financial instruments meet established thresholds. In the event that either party defaults on the obligation, the secured party may seize the collateral. Generally, our collateral arrangements are bilateral such that we and the counterparty post collateral for the obligation. Contractual terms provide for standard and customary exchange of collateral based on changes in the market value of the outstanding derivatives. A party posts additional collateral when their obligation rises or removes collateral when it falls, such that the net replacement cost of the nondefaulting party is covered in the event of counterparty default. In certain instances, as it relates to our derivative instruments, we have the option to report derivative assets and liabilities as well as assets and liabilities associated with cash collateral received or delivered that is governed by a master netting agreement on a net basis as long as certain qualifying criteria are met. Similarly, for our repurchase/reverse repurchase transactions, we have the option to report recognized assets and liabilities subject to a master netting agreement on a net basis if certain qualifying criteria are met. At June 30, 2022, these instruments are reported as gross assets and gross liabilities on the Condensed Consolidated Balance Sheet. For additional information on derivative instruments and hedging activities, refer to Note 19. The composition of offsetting derivative instruments, financial assets, and financial liabilities was as follows. Gross amounts of recognized assets/liabilities Gross amounts offset on the Condensed Consolidated Balance Sheet Net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet Gross amounts not offset on the Condensed Consolidated Balance Sheet ($ in millions) Financial instruments Collateral (a) (b) (c) Net amount June 30, 2022 Assets Derivative assets in net asset positions $ 1 $ — $ 1 $ — $ — $ 1 Derivative assets with no offsetting arrangements 3 — 3 — — 3 Total assets $ 4 $ — $ 4 $ — $ — $ 4 Liabilities Derivative liabilities in net liability positions $ 3 $ — $ 3 $ — $ (3) $ — Derivative liabilities with no offsetting arrangements 52 — 52 — — 52 Total liabilities $ 55 $ — $ 55 $ — $ (3) $ 52 December 31, 2021 Assets Derivative assets in net asset positions $ 1 $ — $ 1 $ (1) $ — $ — Derivative assets with no offsetting arrangements 6 — 6 — — 6 Total assets $ 7 $ — $ 7 $ (1) $ — $ 6 Liabilities Derivative liabilities in net liability positions $ 3 $ — $ 3 $ — $ (2) $ 1 Derivative liabilities in net asset positions 1 — 1 (1) — — Derivative liabilities with no offsetting arrangements 58 — 58 — — 58 Total liabilities $ 62 $ — $ 62 $ (1) $ (2) $ 59 (a) Financial collateral received/pledged shown as a balance based on the sum of all net asset and liability positions between Ally and each individual derivative counterparty. (b) Amounts disclosed are limited to the financial asset or liability balance and, accordingly, exclude excess collateral received or pledged and noncash collateral received. We do not record such collateral received on our Condensed Consolidated Balance Sheet unless certain conditions are met. (c) Certain agreements grant us the right to sell or pledge the noncash assets we receive as collateral. We have not sold or pledged any of the noncash collateral received under these agreements.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information Operating segments are defined as components of an enterprise that engage in business activity from which revenues are earned and expenses incurred for which discrete financial information is available that is evaluated regularly by our chief operating decision maker in deciding how to allocate resources and in assessing performance. We report our results of operations on a business-line basis through four operating segments: Automotive Finance operations, Insurance operations, Mortgage Finance operations, and Corporate Finance operations, with the remaining activity reported in Corporate and Other. The operating segments are determined based on the products and services offered, and reflect the manner in which financial information is currently evaluated by management. The following is a description of each of our reportable operating segments. Dealer Financial Services Dealer Financial Services comprises our Automotive Finance and Insurance segments. • Automotive Finance operations — One of the largest full-service automotive finance operations in the United States providing automotive financing services to consumers, automotive dealers and retailers, companies, and municipalities. Our automotive finance services include providing retail installment sales contracts, loans and operating leases, offering term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, fleet financing, providing financing to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. • Insurance operations — A complementary automotive-focused business offering both consumer finance protection and insurance products sold primarily through the automotive dealer channel, and commercial insurance products sold directly to dealers. As part of our focus on offering dealers a broad range of consumer financial and insurance products, we provide VSCs, VMCs, and GAP products. We also underwrite select commercial insurance coverages, which primarily insure dealers’ vehicle inventory. Mortgage Finance operations Our held-for-investment portfolio includes our direct-to-consumer Ally Home mortgage offering and bulk purchases of high-quality jumbo and LMI mortgage loans originated by third parties. Through our direct-to-consumer channel, we offer a variety of competitively priced jumbo and conforming fixed- and adjustable-rate mortgage products through a third-party fulfillment provider. Through the bulk loan channel, we purchase loans from several qualified sellers on a servicing-released basis, allowing us to directly oversee servicing activities and manage refinancing through our direct-to-consumer channel. Corporate Finance operations Primarily provides senior secured leveraged cash flow and asset-based loans to mostly U.S.-based middle-market companies, with a focus on businesses owned by private equity sponsors. These loans are typically used for leveraged buyouts, refinancing and recapitalizations, mergers and acquisitions, growth, turnarounds, and debtor-in-possession financings. We also provide, through our Lender Finance business, nonbank wholesale-funded managers with partial funding for their direct-lending activities, which is principally leveraged loans. Additionally, we offer a commercial real estate product to serve companies in the healthcare industry. Corporate and Other Corporate and Other primarily consists of centralized corporate treasury activities, such as management of the cash and corporate investment securities and loan portfolios, short- and long-term debt, retail and brokered deposit liabilities, derivative instruments, original issue discount, and the residual impacts of our corporate FTP and treasury ALM activities. Corporate and Other also includes certain equity investments, which primarily consist of FHLB and FRB stock—as well as other strategic investments—and the management of our legacy mortgage portfolio, which primarily consists of loans originated prior to January 1, 2009, and reclassifications and eliminations between the reportable operating segments. Financial results related to Ally Invest, our digital brokerage and wealth management offering, Ally Lending, our point-of-sale financing business, Ally Credit Card, and CRA loans and related investments are also included within Corporate and Other. We utilize an FTP methodology for the majority of our business operations. The FTP methodology assigns charge rates and credit rates to classes of assets and liabilities based on expected duration and the benchmark rate curve plus an assumed credit spread. Matching duration allocates interest income and interest expense to these reportable segments so their respective results are insulated from interest rate risk. This methodology is consistent with our ALM practices, which includes managing interest rate risk centrally at a corporate level. The net residual impact of the FTP methodology is included within the results of Corporate and Other. The information presented in our reportable operating segments is based in part on internal allocations, which involve management judgment. 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) 2022 Net financing revenue and other interest income $ 1,301 $ 20 $ 56 $ 77 $ 310 $ 1,764 Other revenue 72 158 4 19 59 312 Total net revenue 1,373 178 60 96 369 2,076 Provision for credit losses 228 — — 8 68 304 Total noninterest expense 545 300 54 28 211 1,138 Income (loss) from continuing operations before income tax expense $ 600 $ (122) $ 6 $ 60 $ 90 $ 634 Total assets $ 107,178 $ 8,819 $ 19,126 $ 8,890 $ 41,690 $ 185,703 2021 Net financing revenue and other interest income $ 1,333 $ 15 $ 23 $ 77 $ 99 $ 1,547 Other revenue 61 344 22 33 78 538 Total net revenue 1,394 359 45 110 177 2,085 Provision for credit losses (23) — — (13) 4 (32) Total noninterest expense 500 272 45 28 230 1,075 Income (loss) from continuing operations before income tax expense $ 917 $ 87 $ — $ 95 $ (57) $ 1,042 Total assets $ 100,162 $ 9,394 $ 13,865 $ 6,246 $ 50,803 $ 180,470 (a) Net financing revenue and other interest income after the provision for credit losses totaled $1.5 billion and $1.6 billion for the three months ended June 30, 2022, and June 30, 2021, respectively. Six months ended June 30, ($ in millions) Automotive Finance operations Insurance operations Mortgage Finance operations Corporate Finance operations Corporate and Other Consolidated (a) 2022 Net financing revenue and other interest income $ 2,596 $ 37 $ 109 $ 160 $ 555 $ 3,457 Other revenue 140 428 18 43 125 754 Total net revenue 2,736 465 127 203 680 4,211 Provision for credit losses 332 — — 14 125 471 Total noninterest expense 1,079 574 110 65 432 2,260 Income (loss) from continuing operations before income tax expense $ 1,325 $ (109) $ 17 $ 124 $ 123 $ 1,480 Total assets $ 107,178 $ 8,819 $ 19,126 $ 8,890 $ 41,690 $ 185,703 2021 Net financing revenue and other interest income $ 2,539 $ 30 $ 46 $ 148 $ 156 $ 2,919 Other revenue 123 723 62 59 136 1,103 Total net revenue 2,662 753 108 207 292 4,022 Provision for credit losses (45) — (4) — 4 (45) Total noninterest expense 987 525 89 59 358 2,018 Income (loss) from continuing operations before income tax expense $ 1,720 $ 228 $ 23 $ 148 $ (70) $ 2,049 Total assets $ 100,162 $ 9,394 $ 13,865 $ 6,246 $ 50,803 $ 180,470 (a) Net financing revenue and other interest income after the provision for credit losses totaled $3.0 billion for both the six months ended June 30, 2022, and June 30, 2021.

Contingencies and Other Risks

Contingencies and Other Risks	6 Months Ended
	Jun. 30, 2022
Loss Contingency [Abstract]
Contingencies and Other Risks	Contingencies and Other Risks As a financial-services company, we are regularly involved in pending or threatened legal proceedings and other matters and are or may be subject to potential liability in connection with them. These legal matters may be formal or informal and include litigation and arbitration with one or more identified claimants, certified or purported class actions with yet-to-be-identified claimants, and regulatory or other governmental information-gathering requests, examinations, investigations, and enforcement proceedings. Our legal matters exist in varying stages of adjudication, arbitration, negotiation, or investigation and span our business lines and operations. Claims may be based in law or equity—such as those arising under contracts or in tort and those involving banking, consumer-protection, securities, tax, employment, and other laws—and some can present novel legal theories and allege substantial or indeterminate damages. Ally and its subsidiaries, including Ally Bank, also are or may be subject to potential liability under other contingent exposures, including indemnification, tax, self-insurance, and other miscellaneous contingencies. We accrue for a legal matter or other contingent exposure when a loss becomes probable and the amount of loss can be reasonably estimated. Accruals are evaluated each quarter and may be adjusted, upward or downward, based on our best judgment after consultation with counsel. No assurance exists that our accruals will not need to be adjusted in the future. When a probable or reasonably possible loss on a legal matter or other contingent exposure could be material to our consolidated financial condition, results of operations, or cash flows, we provide disclosure in this note as prescribed by ASC Topic 450, Contingencies . Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for additional information related to our policy for establishing accruals. The course and outcome of legal matters are inherently unpredictable. This is especially so when a matter is still in its early stages, the damages sought are indeterminate or unsupported, significant facts are unclear or disputed, novel questions of law or other meaningful legal uncertainties exist, a request to certify a proceeding as a class action is outstanding or granted, multiple parties are named, or regulatory or other governmental entities are involved. Other contingent exposures and their ultimate resolution are similarly unpredictable for reasons that can vary based on the circumstances. As a result, we often are unable to determine how or when threatened or pending legal matters and other contingent exposures will be resolved and what losses may be incrementally and ultimately incurred. Actual losses may be higher or lower than any amounts accrued or estimated for those matters and other exposures, possibly to a significant degree. Subject to the foregoing, based on our current knowledge and after consultation with counsel, we do not believe that the ultimate outcomes of currently threatened or pending legal matters and other contingent exposures are likely to be material to our consolidated financial condition after taking into account existing accruals. In light of the uncertainties inherent in these matters and other exposures, however, one or more of them could be material to our results of operations or cash flows during a particular reporting period, depending on factors such as the amount of the loss or liability and the level of our income for that period.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Declaration of Common Dividend On July 14, 2022, our Board declared a quarterly cash dividend of $0.30 per share on all common stock. The dividend is payable on August 15, 2022, to stockholders of record at the close of business on August 1, 2022.

Description of Business, Basi_2

Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Our accounting and reporting policies conform to U.S. GAAP. Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. Certain reclassifications may have been made to the prior periods’ financial statements and notes to conform to the current period’s presentation, which did not have a material impact on our Condensed Consolidated Financial Statements. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and that affect income and expenses during the reporting period and related disclosures. In developing the estimates and assumptions, management uses all available evidence; however, actual results could differ because of uncertainties associated with estimating the amounts, timing, and likelihood of possible outcomes. Our most significant estimates pertain to the allowance for loan losses, valuations of automotive lease assets and residuals, fair value of financial instruments, and the determination of the provision for income taxes.
Income Taxes	Income Taxes In calculating the provision for interim income taxes, in accordance with ASC 740, Income Taxes , we apply an estimated annual effective tax rate to year-to-date ordinary income. At the end of each interim period, we estimate the effective tax rate expected to be applicable for the full fiscal year. This method differs from that described in Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K, which describes our annual significant income tax accounting policy and related methodology. Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K regarding additional significant accounting policies.
Recently Issued Accounting Standards	Recently Issued Accounting Standards Fair Value Hedging—Portfolio Layer Method (ASU 2022-01) In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method . The purpose of this guidance is to expand the current last-of-layer method to allow multiple hedged layers of a single closed portfolio. This change will allow hedge accounting to be achieved using different types of derivatives and layering techniques, including the use of amortizing swaps with clarification that such a trade would be viewed as being a single layer. Under this expanded scope, both prepayable and nonprepayable financial assets may be included in a single closed portfolio hedge. In addition, the guidance provides clarifications to breach requirements and disclosures. As a result of this change, the last-of-layer method has been renamed the portfolio layer method. The amendments are effective on January 1, 2023, with early adoption permitted. The amendments must be applied using a prospective approach and will not have a material impact upon adoption. Management is currently evaluating whether to early adopt the amendments. Troubled Debt Restructurings and Vintage Disclosures (ASU 2022-02) In March 2022, the FASB issued ASU 2022-02, Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures . The purpose of this guidance is twofold. First, the guidance eliminates TDR recognition and measurement guidance that has been deemed no longer necessary under CECL. The guidance also adds a requirement to incorporate current year gross charge-offs by origination year into the vintage tables. With respect to the TDR impacts, under CECL, credit losses for financial assets measured at amortized cost are determined based on the total current expected credit losses over the life of the financial asset or group of financial assets. Therefore, credit losses on financial assets that have been modified as TDRs would have largely been incorporated in the allowance upon initial recognition. Under ASU 2022-02, we will be required to evaluate whether loan modifications previously characterized as TDRs represent a new loan or a continuation of an existing loan in accordance with ASC Topic 310, Receivables . The guidance also adds new disclosures that will require an entity to provide information related to loan modifications that are made to borrowers that are deemed to be in financial difficulty. The amendments are effective on January 1, 2023, with early adoption permitted. The amendments must be applied using a prospective approach; however, for the transition away from TDRs, the amendments may be adopted using a modified retrospective approach with a cumulative-effect adjustment through retained earnings as of the beginning of the fiscal year upon adoption. Management is currently evaluating the impact of these amendments. Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions (ASU 2022-03) In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions . The purpose of this guidance is to clarify that a contractual restriction on the ability to sell an equity security is not considered part of the unit of account of the equity security, and therefore should not be considered when measuring the equity security’s fair value. Additionally, an entity cannot separately recognize and measure a contractual-sale restriction. This guidance also adds specific disclosures related to equity securities that are subject to contractual-sale restrictions, including (1) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (2) the nature and remaining duration of the restrictions, and (3) the circumstances that could cause a lapse in the restrictions. The amendments are effective on January 1, 2024, with early adoption permitted. The amendments must be applied using a prospective approach with any adjustments from the adoption of the amendments recognized in earnings and disclosed upon adoption. Management does not expect the impact of these amendments to be material.
Fair Value Measurements	Fair Value Measurements For purposes of this disclosure, fair value is defined as the exchange price that would be received to sell an asset or paid to transfer a liability (exit price) in the principal or most advantageous market in an orderly transaction between market participants at the measurement date under current market conditions. Fair value is based on the assumptions we believe market participants would use when pricing an asset or liability. Additionally, entities are required to consider all aspects of nonperformance risk, including the entity’s own credit standing, when measuring the fair value of a liability. GAAP specifies a three-level hierarchy that is used when measuring and disclosing fair value. The fair value hierarchy gives the highest priority to quoted prices available in active markets (i.e., observable inputs) and the lowest priority to data lacking transparency (i.e., unobservable inputs). An instrument’s categorization within the fair value hierarchy is based on the lowest level of significant input to its valuation. The following is a description of the three hierarchy levels. Level 1 Inputs are quoted prices in active markets for identical assets or liabilities at the measurement date. Additionally, the entity must have the ability to access the active market, and the quoted prices cannot be adjusted by the entity. Level 2 Inputs are other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices in active markets for similar assets or liabilities; quoted prices in inactive markets for identical or similar assets or liabilities; or inputs that are observable or can be corroborated by observable market data by correlation or other means for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs are supported by little or no market activity. The unobservable inputs represent management’s best assumptions of how market participants would price the assets or liabilities. Generally, Level 3 assets and liabilities are valued using pricing models, discounted cash flow methodologies, or similar techniques that require significant judgment or estimation. Judgment is used in estimating inputs to our internal valuation models used to estimate our Level 3 fair value measurements. Level 3 inputs such as interest rate movements, prepayment speeds, credit losses, and discount rates are inherently difficult to estimate. Changes to these inputs can have a significant effect on fair value measurements and amounts that could be realized.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions, by Acquisition	The following table summarizes the allocation of cash consideration paid for Fair Square and the amounts of the identifiable assets acquired and liabilities assumed at the acquisition date. ($ in millions) Purchase price Cash consideration $ 741 Allocation of purchase price to net assets acquired Finance receivables and loans (a) 870 Intangible assets (b) 98 Cash and short-term investments 42 Other assets 46 Debt (765) Other liabilities (29) Goodwill $ 479 (a) Includes $22 million of PCD loans that have experienced a more-than-insignificant deterioration of credit quality since origination. We recognized an initial allowance for loan losses of $12 million on these PCD loans. (b) The weighted average amortization period on the acquired intangible assets is 7 years. Refer to Note 11 for further information on our intangible assets.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables present a disaggregated view of our revenue from contracts with customers. For further information regarding our revenue recognition policies and details about the nature of our respective revenue streams, refer to Note 1 and Note 3 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K. Three months ended June 30, ($ in millions) Automotive Finance operations Insurance operations Mortgage Finance operations Corporate Finance operations Corporate and Other Consolidated 2022 Revenue from contracts with customers Noninsurance contracts (a) (b) (c) $ — $ 163 $ — $ — $ — $ 163 Remarketing fee income 29 — — — — 29 Brokerage commissions and other revenue — — — — 13 13 Banking fees and interchange income (d) (e) — — — — 10 10 Brokered/agent commissions — 4 — — — 4 Other 6 — — — 1 7 Total revenue from contracts with customers 35 167 — — 24 226 All other revenue 37 (9) 4 19 35 86 Total other revenue (f) $ 72 $ 158 $ 4 $ 19 $ 59 $ 312 2021 Revenue from contracts with customers Noninsurance contracts (a) (b) (c) $ — $ 158 $ — $ — $ — $ 158 Remarketing fee income 27 — — — — 27 Brokerage commissions and other revenue — — — — 13 13 Banking fees and interchange income (d) — — — — 5 5 Brokered/agent commissions — 4 — — — 4 Other 6 — — — 2 8 Total revenue from contracts with customers 33 162 — — 20 215 All other revenue 28 182 22 33 58 323 Total other revenue (f) $ 61 $ 344 $ 22 $ 33 $ 78 $ 538 (a) We had opening balances of $3.0 billion in unearned revenue associated with outstanding contracts at both April 1, 2022, and 2021, and $234 million and $228 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the three months ended June 30, 2022, and 2021, respectively. (b) At June 30, 2022, we had unearned revenue of $3.0 billion associated with outstanding contracts, and with respect to this balance we expect to recognize revenue of $443 million during the remainder of 2022, $825 million in 2023, $681 million in 2024, $488 million in 2025, and $580 million thereafter. At June 30, 2021, we had unearned revenue of $3.1 billion associated with outstanding contracts. (c) We had deferred insurance assets of $1.8 billion at both April 1, 2022, and June 30, 2022, and recognized $140 million of expense during the three months ended June 30, 2022. We had deferred insurance assets of $1.8 billion and $1.9 billion at April 1, 2021, and June 30, 2021, respectively, and recognized $133 million of expense during the three months ended June 30, 2021. (d) Effective May 25, 2021, we eliminated all overdraft fees for Ally Bank deposit accounts. (e) Interchange income is reported net of customer rewards. Customer rewards expense was $3 million for the three months ended June 30, 2022. (f) Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments. Six months ended June 30, ($ in millions) Automotive Finance operations Insurance operations Mortgage Finance operations Corporate Finance operations Corporate and Other Consolidated 2022 Revenue from contracts with customers Noninsurance contracts (a) (b) $ — $ 325 $ — $ — $ — $ 325 Remarketing fee income 56 — — — — 56 Brokerage commissions and other revenue — — — — 24 24 Banking fees and interchange income (c) (d) — — — — 21 21 Brokered/agent commissions — 8 — — — 8 Other 11 — — — 2 13 Total revenue from contracts with customers 67 333 — — 47 447 All other revenue 73 95 18 43 78 307 Total other revenue (e) $ 140 $ 428 $ 18 $ 43 $ 125 $ 754 2021 Revenue from contracts with customers Noninsurance contracts (a) (b) $ — $ 313 $ — $ — $ — $ 313 Remarketing fee income 54 — — — — 54 Brokerage commissions and other revenue — — — — 33 33 Banking fees and interchange income (c) — — — — 11 11 Brokered/agent commissions — 8 — — — 8 Other 12 — — — 2 14 Total revenue from contracts with customers 66 321 — — 46 433 All other revenue 57 402 62 59 90 670 Total other revenue (e) $ 123 $ 723 $ 62 $ 59 $ 136 $ 1,103 (a) We had opening balances of $3.1 billion and $3.0 billion in unearned revenue associated with outstanding contracts at January 1, 2022, and 2021, respectively, and $465 million and $453 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the six months ended June 30, 2022, and 2021, respectively. (b) We had deferred insurance assets of $1.9 billion and $1.8 billion at January 1, 2022, and June 30, 2022, respectively, and recognized $277 million of expense during the six months ended June 30, 2022. We had deferred insurance assets of $1.8 billion and $1.9 billion at January 1, 2021, and June 30, 2021, respectively, and recognized $265 million of expense during the six months ended June 30, 2021. (c) Effective May 25, 2021, we eliminated all overdraft fees for Ally Bank deposit accounts. (d) Interchange income is reported net of customer rewards. Customer rewards expense was $6 million for the six months ended June 30, 2022. (e) Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments.

Other Income, Net of Losses (Ta

Other Income, Net of Losses (Tables)	6 Months Ended
	Jun. 30, 2022
Other Nonoperating Income (Expense) [Abstract]
Schedule of Other Income, by Component	Details of other income, net of losses, were as follows. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Late charges and other administrative fees $ 38 $ 29 $ 75 $ 60 Remarketing fees 29 27 56 54 Income from equity-method investments 25 31 45 45 Gain on nonmarketable equity investments, net 3 99 2 103 Other, net 57 63 117 114 Total other income, net of losses $ 152 $ 249 $ 295 $ 376

Reserves for Insurance Losses_2

Reserves for Insurance Losses and Loss Adjustment Expenses (Tables)	6 Months Ended
	Jun. 30, 2022
Short-Duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net [Abstract]
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense	The following table shows a rollforward of our reserves for insurance losses and loss adjustment expenses. ($ in millions) 2022 2021 Total gross reserves for insurance losses and loss adjustment expenses at January 1, $ 122 $ 129 Less: Reinsurance recoverable 81 90 Net reserves for insurance losses and loss adjustment expenses at January 1, 41 39 Net insurance losses and loss adjustment expenses incurred related to: Current year 151 136 Prior years (a) (4) 1 Total net insurance losses and loss adjustment expenses incurred 147 137 Net insurance losses and loss adjustment expenses paid or payable related to: Current year (114) (108) Prior years (24) (27) Total net insurance losses and loss adjustment expenses paid or payable (138) (135) Net reserves for insurance losses and loss adjustment expenses at June 30, 50 41 Plus: Reinsurance recoverable 81 85 Total gross reserves for insurance losses and loss adjustment expenses at June 30, $ 131 $ 126 (a) There have been no material adverse changes to the reserve for prior years.

Other Operating Expenses (Table

Other Operating Expenses (Tables)	6 Months Ended
	Jun. 30, 2022
Operating Expenses [Abstract]
Schedule of Other Operating Cost and Expense, by Component	Details of other operating expenses were as follows. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Insurance commissions $ 151 $ 138 $ 300 $ 274 Technology and communications 100 81 197 159 Advertising and marketing 77 45 149 86 Lease and loan administration 54 57 105 112 Professional services 47 28 90 61 Property and equipment depreciation 41 38 80 74 Regulatory and licensing fees 22 17 48 35 Vehicle remarketing and repossession 22 17 42 38 Amortization of intangible assets (a) 8 4 16 9 Charitable contributions (b) 6 54 7 55 Other 84 76 149 137 Total other operating expenses $ 612 $ 555 $ 1,183 $ 1,040 (a) Refer to Note 11 for further information on our intangible assets. (b) Includes contributions made to the Ally Charitable Foundation, a nonconsolidated entity.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Portfolio	The cost, fair value, and gross unrealized gains and losses on available-for-sale and held-to-maturity securities were as follows. June 30, 2022 December 31, 2021 Amortized cost Gross unrealized Fair value Amortized cost Gross unrealized Fair value ($ in millions) gains losses gains losses Available-for-sale securities Debt securities U.S. Treasury and federal agencies $ 2,561 $ — $ (187) $ 2,374 $ 2,173 $ 2 $ (20) $ 2,155 U.S. States and political subdivisions 859 1 (72) 788 841 27 (4) 864 Foreign government 161 — (12) 149 157 2 (2) 157 Agency mortgage-backed residential 19,956 1 (2,098) 17,859 19,044 219 (224) 19,039 Mortgage-backed residential 5,249 — (595) 4,654 4,448 11 (34) 4,425 Agency mortgage-backed commercial 4,343 3 (616) 3,730 4,573 66 (113) 4,526 Asset-backed 496 — (21) 475 536 1 (3) 534 Corporate debt 1,896 — (182) 1,714 1,878 30 (21) 1,887 Total available-for-sale securities (a) (b) (c) (d) (e) $ 35,521 $ 5 $ (3,783) $ 31,743 $ 33,650 $ 358 $ (421) $ 33,587 Held-to-maturity securities Debt securities Agency mortgage-backed residential $ 1,112 $ — $ (114) $ 998 $ 1,170 $ 48 $ (14) $ 1,204 Total held-to-maturity securities (e) (f) $ 1,112 $ — $ (114) $ 998 $ 1,170 $ 48 $ (14) $ 1,204 (a) Certain entities related to our Insurance operations are required to deposit securities with state regulatory authorities. These deposited securities totaled $12 million and $13 million at June 30, 2022, and December 31, 2021, respectively. (b) Certain available-for-sale securities are included in fair value hedging relationships. Refer to Note 19 for additional information. (c) Available-for-sale securities with a fair value of $3.7 billion and $203 million at June 30, 2022, and December 31, 2021, respectively, were pledged to secure advances from the FHLB for short-term borrowings and for other purposes as required by contractual obligation or law. Under these agreements, we granted the counterparty the right to sell or pledge $304 million and $203 million of the underlying available-for-sale securities at June 30, 2022, and December 31, 2021, respectively. (d) Totals do not include accrued interest receivable, which was $90 million and $84 million at June 30, 2022, and December 31, 2021, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet. (e) There was no allowance for credit losses recorded at both June 30, 2022, or December 31, 2021, as management determined that there were no expected credit losses in our portfolio of available-for-sale and held-to-maturity securities. (f) Totals do not include accrued interest receivable, which was $3 million at both June 30, 2022, and December 31, 2021. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
Investments Classified by Contractual Maturity Date	The maturity distribution of debt securities outstanding is summarized in the following tables based upon contractual maturities. Call or prepayment options may cause actual maturities to differ from contractual maturities. Total Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years ($ in millions) Amount Yield Amount Yield Amount Yield Amount Yield Amount Yield June 30, 2022 Fair value of available-for-sale securities (a) U.S. Treasury and federal agencies $ 2,374 1.4 % $ 275 1.0 % $ 602 1.1 % $ 1,497 1.6 % $ — — % U.S. States and political subdivisions 788 3.1 32 2.7 72 2.8 113 3.3 571 3.1 Foreign government 149 1.6 2 0.1 85 1.5 62 1.8 — — Agency mortgage-backed residential 17,859 2.5 — — — — 21 2.0 17,838 2.5 Mortgage-backed residential 4,654 2.7 — — — — 31 3.3 4,623 2.7 Agency mortgage-backed commercial 3,730 2.1 — — 24 3.1 1,031 2.3 2,675 2.0 Asset-backed 475 1.8 — — 407 1.8 61 1.4 7 3.4 Corporate debt 1,714 2.3 67 2.4 878 2.2 760 2.3 9 3.1 Total available-for-sale securities $ 31,743 2.4 $ 376 1.4 $ 2,068 1.8 $ 3,576 2.0 $ 25,723 2.5 Amortized cost of available-for-sale securities $ 35,521 $ 377 $ 2,183 $ 3,961 $ 29,000 Amortized cost of held-to-maturity securities Agency mortgage-backed residential $ 1,112 2.8 % $ — — % $ — — % $ — — % $ 1,112 2.8 % Total held-to-maturity securities $ 1,112 2.8 $ — — $ — — $ — — $ 1,112 2.8 December 31, 2021 Fair value of available-for-sale securities (a) U.S. Treasury and federal agencies $ 2,155 1.1 % $ 288 1.0 % $ 525 0.9 % $ 1,342 1.2 % $ — — % U.S. States and political subdivisions 864 3.0 26 1.6 77 2.8 128 3.3 633 3.0 Foreign government 157 1.9 2 2.1 97 2.0 58 1.8 — — Agency mortgage-backed residential 19,039 2.5 — — — — 26 2.0 19,013 2.5 Mortgage-backed residential 4,425 2.6 — — — — 23 2.9 4,402 2.6 Agency mortgage-backed commercial 4,526 1.9 — — 26 2.4 1,578 2.4 2,922 1.7 Asset-backed 534 1.9 — — 350 2.0 175 1.5 9 3.4 Corporate debt 1,887 2.3 54 2.9 830 2.3 994 2.3 9 2.5 Total available-for-sale securities $ 33,587 2.3 $ 370 1.3 $ 1,905 1.9 $ 4,324 2.0 $ 26,988 2.4 Amortized cost of available-for-sale securities $ 33,650 $ 368 $ 1,893 $ 4,291 $ 27,098 Amortized cost of held-to-maturity securities Agency mortgage-backed residential $ 1,170 2.8 % $ — — % $ — — % $ — — % $ 1,170 2.8 % Total held-to-maturity securities $ 1,170 2.8 $ — — $ — — $ — — $ 1,170 2.8 (a) Yield is calculated using the effective yield of each security at the end of the period, weighted based on the market value. The effective yield considers the contractual coupon and amortized cost, and excludes expected capital gains and losses.
Investment Income	The following table presents interest and dividends on investment securities. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Taxable interest $ 186 $ 131 $ 360 $ 245 Taxable dividends 4 7 8 12 Interest and dividends exempt from U.S. federal income tax 5 5 10 10 Interest and dividends on investment securities $ 195 $ 143 $ 378 $ 267
Schedule of Realized Gain (Loss)	The following table presents gross gains and losses realized upon the sales of available-for-sale securities, and net gains or losses on equity securities held during the period. Three months ended June 30, Six months ended June 30, ( $ in millions) 2022 2021 2022 2021 Available-for-sale securities Gross realized gains $ 3 $ 6 $ 21 $ 38 Net realized gain on available-for-sale securities 3 6 21 38 Net realized gain on equity securities 10 40 62 114 Net unrealized (loss) gain on equity securities (137) 19 (202) 36 Other (loss) gain on investments, net $ (124) $ 65 $ (119) $ 188
Held to Maturity Debt Securities by Credit Quality	The following table presents the credit quality of our held-to-maturity securities, based on the latest available information as of June 30, 2022, and December 31, 2021. The credit ratings are sourced from nationally recognized statistical rating organizations, which include S&P, Moody’s, and Fitch. The ratings presented are a composite of the ratings sourced from the agencies or, if the ratings cannot be sourced from the agencies, are based on the asset type of the security. All of our held-to-maturity securities were current in their payment of principal and interest as of June 30, 2022, and December 31, 2021. We have not recorded any interest income reversals on our held-to-maturity securities during the six months ended June 30, 2022, or 2021. June 30, 2022 December 31, 2021 ($ in millions) AA Total (a) AA Total (a) Debt securities Agency mortgage-backed residential $ 1,112 $ 1,112 $ 1,170 $ 1,170 Total held-to-maturity securities $ 1,112 $ 1,112 $ 1,170 $ 1,170 (a) Rating agencies indicate that they base their ratings on many quantitative and qualitative factors, which may include capital adequacy, liquidity, asset quality, business mix, level and quality of earnings, and the current operating, legislative, and regulatory environment. A credit rating is not a recommendation to buy, sell, or hold securities, and the ratings are subject to revision or withdrawal at any time by the assigning rating agency.
Schedule of Available-for-Sale Securities in Unrealized Loss Position	The following table summarizes available-for-sale securities in an unrealized loss position, which we evaluated to determine if a credit loss exists requiring the recognition of an allowance for credit losses. For additional information on our methodology, refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K. As of June 30, 2022, and December 31, 2021, we did not have the intent to sell the available-for-sale securities with an unrealized loss position and we do not believe it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis. We have not recorded any interest income reversals on our available-for-sale securities during the six months ended June 30, 2022, or 2021. June 30, 2022 December 31, 2021 Less than 12 months 12 months or longer Less than 12 months 12 months or longer ($ in millions) Fair value Unrealized loss Fair value Unrealized loss Fair value Unrealized loss Fair value Unrealized loss Available-for-sale securities Debt securities U.S. Treasury and federal agencies $ 1,965 $ (137) $ 409 $ (50) $ 1,682 $ (20) $ — $ — U.S. States and political subdivisions 604 (68) 41 (4) 160 (3) 31 (1) Foreign government 121 (8) 25 (4) 76 (2) 7 — Agency mortgage-backed residential 13,719 (1,361) 4,044 (737) 12,244 (223) 38 (1) Mortgage-backed residential 4,319 (552) 267 (43) 3,243 (34) 22 — Agency mortgage-backed commercial 2,753 (419) 812 (197) 2,553 (70) 749 (43) Asset-backed 425 (21) 14 — 360 (3) — — Corporate debt 1,416 (134) 249 (48) 970 (18) 49 (3) Total available-for-sale securities $ 25,322 $ (2,700) $ 5,861 $ (1,083) $ 21,288 $ (373) $ 896 $ (48)

Finance Receivables and Loans_2

Finance Receivables and Loans, Net (Tables)	6 Months Ended
	Jun. 30, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Schedule of Accounts, Notes, Loans and Financing Receivable	The composition of finance receivables and loans reported at amortized cost basis was as follows. ($ in millions) June 30, 2022 December 31, 2021 Consumer automotive (a) $ 81,691 $ 78,252 Consumer mortgage Mortgage Finance (b) 18,923 17,644 Mortgage — Legacy (c) 322 368 Total consumer mortgage 19,245 18,012 Consumer other Personal Lending (d) 1,523 1,009 Credit Card (e) 1,224 953 Total consumer other 2,747 1,962 Total consumer 103,683 98,226 Commercial Commercial and industrial Automotive 12,174 12,229 Other 7,486 6,874 Commercial real estate 5,114 4,939 Total commercial 24,774 24,042 Total finance receivables and loans (f) (g) $ 128,457 $ 122,268 (a) Certain finance receivables and loans are included in fair value hedging relationships. Refer to Note 19 for additional information. (b) Includes loans originated as interest-only mortgage loans of $4 million and $5 million at June 30, 2022, and December 31, 2021, respectively, of which all have exited the interest-only period. (c) Includes loans originated as interest-only mortgage loans of $18 million and $21 million at June 30, 2022, and December 31, 2021, respectively, of which all have exited the interest-only period. (d) Includes $7 million of finance receivables at both June 30, 2022, and December 31, 2021, for which we have elected the fair value option. (e) Refer to Note 2 for information regarding our acquisition of Ally Credit Card. (f) Totals include net unearned income, unamortized premiums and discounts, and deferred fees and costs of $2.4 billion and $2.3 billion at June 30, 2022, and December 31, 2021, respectively. (g) Totals do not include accrued interest receivable, which was $564 million and $514 million at June 30, 2022, and December 31, 2021, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet. Billed interest on our credit card loans is included within finance receivables and loans, net.
Allowance for Credit Losses on Financing Receivables	The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans for the three months and six months ended June 30, 2022, and 2021, respectively. Three months ended June 30, 2022 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at April 1, 2022 $ 2,763 $ 26 $ 258 $ 254 $ 3,301 Charge-offs (b) (277) (1) (27) (26) (331) Recoveries 169 5 3 1 178 Net charge-offs (108) 4 (24) (25) (153) Provision for credit losses (c) 230 (3) 70 5 302 Other — (1) (1) 2 — Allowance at June 30, 2022 $ 2,885 $ 26 $ 303 $ 236 $ 3,450 (a) Excludes $7 million of finance receivables and loans at both April 1, 2022, and June 30, 2022, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies. (c) Excludes $2 million of provision for credit losses related to our reserve for unfunded commitments. The liability related to the reserve for unfunded commitments is included in accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet. Six months ended June 30, 2022 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at January 1, 2022 $ 2,769 $ 27 $ 221 $ 250 $ 3,267 Charge-offs (b) (553) (2) (51) (26) (632) Recoveries 332 8 4 2 346 Net charge-offs (221) 6 (47) (24) (286) Provision for credit losses (c) 337 (6) 129 9 469 Other — (1) — 1 — Allowance at June 30, 2022 $ 2,885 $ 26 $ 303 $ 236 $ 3,450 (a) Excludes $7 million of finance receivables and loans at both January 1, 2022, and June 30, 2022, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies. (c) Excludes $2 million of provision for credit losses related to our reserve for unfunded commitments. The liability related to the reserve for unfunded commitments is included in accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet. Three months ended June 30, 2021 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at April 1, 2021 $ 2,809 $ 26 $ 69 $ 248 $ 3,152 Charge-offs (b) (183) (2) (5) (7) (197) Recoveries 188 3 1 11 203 Net charge-offs 5 1 (4) 4 6 Provision for credit losses (12) (4) 8 (24) (32) Other — 1 (1) — — Allowance at June 30, 2021 $ 2,802 $ 24 $ 72 $ 228 $ 3,126 (a) Excludes $8 million of finance receivables and loans at both April 1, 2021, and June 30, 2021, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies. Six months ended June 30, 2021 ($ in millions) Consumer automotive Consumer mortgage Consumer other (a) Commercial Total Allowance at January 1, 2021 $ 2,902 $ 33 $ 73 $ 275 $ 3,283 Charge-offs (b) (467) (4) (13) (21) (505) Recoveries 375 6 1 11 393 Net charge-offs (92) 2 (12) (10) (112) Provision for credit losses (8) (11) 11 (37) (45) Allowance at June 30, 2021 $ 2,802 $ 24 $ 72 $ 228 $ 3,126 (a) Excludes $8 million of finance receivables and loans at both January 1, 2021, and June 30, 2021, for which we have elected the fair value option and incorporate no allowance for loan losses. (b) Refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for information regarding our charge-off policies.
Schedule of Sales of Financing Receivables and Loans	The following table presents information about sales of finance receivables and loans and transfers of finance receivables and loans from held-for-investment to held-for-sale based on net carrying value. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Consumer mortgage $ 2 $ 84 $ 2 $ 413 Total sales and transfers $ 2 $ 84 $ 2 $ 413
Schedule of Purchases of Financing Receivables and Loans	The following table presents information about purchases of finance receivables and loans based on unpaid principal balance at the time of purchase. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Consumer automotive $ 1,558 $ 727 $ 2,051 $ 1,304 Consumer mortgage 808 1,744 1,633 1,932 Commercial 1 — 1 — Total purchases of finance receivables and loans $ 2,367 $ 2,471 $ 3,685 $ 3,236
Schedule of Financing Receivables, Nonaccrual Status	The following tables present the amortized cost of our finance receivables and loans on nonaccrual status. All consumer or commercial finance receivables and loans that were 90 days or more past due were on nonaccrual status as of June 30, 2022, and December 31, 2021. June 30, 2022 ($ in millions) Nonaccrual status at Jan. 1, 2022 Nonaccrual status at Apr. 1, 2022 Nonaccrual status Nonaccrual with no allowance (a) Consumer automotive $ 1,078 $ 1,072 $ 1,073 $ 421 Consumer mortgage Mortgage Finance 59 51 42 33 Mortgage — Legacy 26 24 22 21 Total consumer mortgage 85 75 64 54 Consumer other Personal Lending 5 6 5 — Credit Card 11 14 18 — Total consumer other 16 20 23 — Total consumer 1,179 1,167 1,160 475 Commercial Commercial and industrial Automotive 33 3 4 4 Other 221 217 214 79 Commercial real estate 3 1 1 1 Total commercial 257 221 219 84 Total finance receivables and loans $ 1,436 $ 1,388 $ 1,379 $ 559 (a) Represents a component of nonaccrual status at end of period. December 31, 2021 ($ in millions) Nonaccrual status at Jan. 1, 2021 Nonaccrual status at Apr. 1, 2021 Nonaccrual status Nonaccrual with no allowance (a) Consumer automotive $ 1,256 $ 1,173 $ 1,078 $ 423 Consumer mortgage Mortgage Finance 67 63 59 39 Mortgage — Legacy 35 32 26 23 Total consumer mortgage 102 95 85 62 Consumer other Personal Lending 3 2 5 — Credit Card — — 11 — Total consumer other 3 2 16 — Total consumer 1,361 1,270 1,179 485 Commercial Commercial and industrial Automotive 40 17 33 32 Other 116 150 221 48 Commercial real estate 5 2 3 3 Total commercial 161 169 257 83 Total finance receivables and loans $ 1,522 $ 1,439 $ 1,436 $ 568 (a) Represents a component of nonaccrual status at end of period.
Troubled Debt Restructurings on Financing Receivables	The following tables present information related to finance receivables and loans recorded at amortized cost modified in connection with a TDR during the period. 2022 2021 Three months ended June 30, ($ in millions) Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Consumer automotive 12,928 $ 213 $ 206 14,670 $ 271 $ 267 Consumer mortgage Mortgage Finance 3 2 2 10 4 5 Mortgage — Legacy 3 — — 3 1 1 Total consumer mortgage 6 2 2 13 5 6 Consumer other Credit Card 743 1 1 — — — Total consumer other 743 1 1 — — — Total consumer 13,677 216 209 14,683 276 273 Commercial Commercial and industrial Automotive — — — 1 1 1 Other 3 377 377 — — — Commercial real estate — — — 1 3 3 Total commercial 3 377 377 2 4 4 Total finance receivables and loans 13,680 $ 593 $ 586 14,685 $ 280 $ 277 2022 2021 Six months ended June 30, ($ in millions) Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Number of loans Pre-modification amortized cost basis Post-modification amortized cost basis Consumer automotive 26,379 $ 444 $ 433 40,260 $ 743 $ 733 Consumer mortgage Mortgage Finance 9 7 7 15 8 9 Mortgage — Legacy 7 1 1 4 1 1 Total consumer mortgage 16 8 8 19 9 10 Consumer other Credit Card 1,094 2 2 — — — Total consumer other 1,094 2 2 — — — Total consumer 27,489 454 443 40,279 752 743 Commercial Commercial and industrial Automotive — — — 1 1 1 Other 4 411 411 1 33 33 Commercial real estate — — — 1 3 3 Total commercial 4 411 411 3 37 37 Total finance receivables and loans 27,493 $ 865 $ 854 40,282 $ 789 $ 780
Finance Receivables and Loans Redefaulted During the Period	The following table presents information about finance receivables and loans recorded at amortized cost that have redefaulted during the reporting period and were within 12 months or less of being modified as a TDR. Redefault is when finance receivables and loans meet the requirements for evaluation under our charge-off policy (refer to Note 1 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for additional information) except for commercial finance receivables and loans, where redefault is defined as 90 days past due. 2022 2021 Three months ended June 30, ($ in millions) Number of loans Amortized cost Charge-off amount Number of loans Amortized cost Charge-off amount Consumer automotive 2,138 $ 35 $ 14 1,751 $ 22 $ 11 Consumer mortgage Mortgage Finance 1 — — 1 — — Mortgage — Legacy — — — 2 — — Total consumer mortgage 1 — — 3 — — Consumer other Credit Card 79 — — — — — Total consumer other 79 — — — — — Total consumer finance receivables and loans 2,218 $ 35 $ 14 1,754 $ 22 $ 11 2022 2021 Six months ended June 30, ($ in millions) Number of loans Amortized cost Charge-off amount Number of loans Amortized cost Charge-off amount Consumer automotive 4,249 $ 66 $ 27 4,565 $ 55 $ 31 Consumer mortgage Mortgage Finance 3 2 — 1 — — Mortgage — Legacy — — — 4 — — Total consumer mortgage 3 2 — 5 — — Consumer other Credit Card 79 — — — — — Total consumer other 79 — — — — — Total consumer finance receivables and loans 4,331 $ 68 $ 27 4,570 $ 55 $ 31
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable Credit Quality Indicators	The following tables present the amortized cost basis of our consumer finance receivables and loans by credit quality indicator based on delinquency status and origination year. Origination year Revolving loans converted to term June 30, 2022 ($ in millions) 2022 2021 2020 2019 2018 2017 and prior Revolving loans Total Consumer automotive Current $ 21,265 $ 27,856 $ 13,276 $ 8,651 $ 4,735 $ 3,225 $ — $ — $ 79,008 30–59 days past due 168 701 355 297 188 166 — — 1,875 60–89 days past due 36 215 123 95 59 49 — — 577 90 or more days past due 10 76 43 40 28 34 — — 231 Total consumer automotive 21,479 28,848 13,797 9,083 5,010 3,474 — — 81,691 Consumer mortgage Mortgage Finance Current 1,565 10,777 2,017 854 617 2,965 — — 18,795 30–59 days past due 10 49 4 5 3 20 — — 91 60–89 days past due — 1 — — 2 3 — — 6 90 or more days past due 1 2 — 5 8 15 — — 31 Total Mortgage Finance 1,576 10,829 2,021 864 630 3,003 — — 18,923 Mortgage — Legacy Current — — — — — 68 212 19 299 30–59 days past due — — — — — 3 1 — 4 60–89 days past due — — — — — 1 — — 1 90 or more days past due — — — — — 12 4 2 18 Total Mortgage — Legacy — — — — — 84 217 21 322 Total consumer mortgage 1,576 10,829 2,021 864 630 3,087 217 21 19,245 Consumer other Personal Lending Current 830 568 79 9 2 1 — — 1,489 30–59 days past due 5 7 1 — — — — — 13 60–89 days past due 3 5 1 — — — — — 9 90 or more days past due 2 3 — — — — — — 5 Total Personal Lending (a) 840 583 81 9 2 1 — — 1,516 Credit Card Current — — — — — — 1,189 — 1,189 30–59 days past due — — — — — — 11 — 11 60–89 days past due — — — — — — 8 — 8 90 or more days past due — — — — — — 16 — 16 Total Credit Card — — — — — — 1,224 — 1,224 Total consumer other 840 583 81 9 2 1 1,224 — 2,740 Total consumer $ 23,895 $ 40,260 $ 15,899 $ 9,956 $ 5,642 $ 6,562 $ 1,441 $ 21 $ 103,676 (a) Excludes $7 million of finance receivables at June 30, 2022, for which we have elected the fair value option. Origination year Revolving loans converted to term December 31, 2021 ($ in millions) 2021 2020 2019 2018 2017 2016 and prior Revolving loans Total Consumer automotive Current $ 35,222 $ 17,218 $ 11,512 $ 6,692 $ 3,403 $ 1,911 $ — $ — $ 75,958 30–59 days past due 424 353 334 226 139 101 — — 1,577 60–89 days past due 115 114 108 70 41 28 — — 476 90 or more days past due 41 51 56 40 27 26 — — 241 Total consumer automotive 35,802 17,736 12,010 7,028 3,610 2,066 — — 78,252 Consumer mortgage Mortgage Finance Current 10,169 2,212 977 744 1,041 2,363 — — 17,506 30–59 days past due 50 3 3 7 2 12 — — 77 60–89 days past due 8 — 1 — — 5 — — 14 90 or more days past due — — 5 16 7 19 — — 47 Total Mortgage Finance 10,227 2,215 986 767 1,050 2,399 — — 17,644 Mortgage — Legacy Current — — — — — 79 238 23 340 30–59 days past due — — — — — 2 1 — 3 60–89 days past due — — — — — 1 — 1 2 90 or more days past due — — — — — 15 5 3 23 Total Mortgage — Legacy — — — — — 97 244 27 368 Total consumer mortgage 10,227 2,215 986 767 1,050 2,496 244 27 18,012 Consumer other Personal Lending Current 821 133 18 5 1 — — — 978 30–59 days past due 9 2 — — — — — — 11 60–89 days past due 6 1 1 — — — — — 8 90 or more days past due 4 1 — — — — — — 5 Total Personal Lending (a) 840 137 19 5 1 — — — 1,002 Credit Card Current — — — — — — 932 — 932 30–59 days past due — — — — — — 6 — 6 60–89 days past due — — — — — — 5 — 5 90 or more days past due — — — — — — 10 — 10 Total Credit Card — — — — — — 953 — 953 Total consumer other 840 137 19 5 1 — 953 — 1,955 Total consumer $ 46,869 $ 20,088 $ 13,015 $ 7,800 $ 4,661 $ 4,562 $ 1,197 $ 27 $ 98,219 (a) Excludes $7 million of finance receivables at December 31, 2021, for which we have elected the fair value option.
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable Credit Quality Indicators	The following tables present the amortized cost basis of our commercial finance receivables and loans by credit quality indicator based on risk rating and origination year. Origination year Revolving loans converted to term June 30, 2022 ($ in millions) 2022 2021 2020 2019 2018 2017 and prior Revolving loans Total Commercial Commercial and industrial Automotive Pass $ 191 $ 291 $ 151 $ 88 $ 42 $ 60 $ 10,771 $ — $ 11,594 Special mention — — — 4 12 25 464 — 505 Substandard — — 1 1 — — 73 — 75 Total automotive 191 291 152 93 54 85 11,308 — 12,174 Other Pass 410 603 430 268 65 185 4,338 85 6,384 Special mention — 37 178 66 44 80 243 28 676 Substandard — — 18 116 — 156 55 15 360 Doubtful — — — — — 56 8 2 66 Total other 410 640 626 450 109 477 4,644 130 7,486 Commercial real estate Pass 606 1,299 1,005 720 510 826 9 9 4,984 Special mention — 76 2 26 — 23 — — 127 Substandard — — — — — 3 — — 3 Total commercial real estate 606 1,375 1,007 746 510 852 9 9 5,114 Total commercial $ 1,207 $ 2,306 $ 1,785 $ 1,289 $ 673 $ 1,414 $ 15,961 $ 139 $ 24,774 Origination year Revolving loans converted to term December 31, 2021 ($ in millions) 2021 2020 2019 2018 2017 2016 and prior Revolving loans Total Commercial Commercial and industrial Automotive Pass $ 347 $ 190 $ 112 $ 49 $ 23 $ 56 $ 10,741 $ — $ 11,518 Special mention 7 1 7 15 31 18 589 — 668 Substandard — 1 — 1 — — 41 — 43 Total automotive 354 192 119 65 54 74 11,371 — 12,229 Other Pass 739 448 374 86 99 68 4,032 83 5,929 Special mention 15 169 96 21 10 122 93 17 543 Substandard — 22 95 — 140 83 13 23 376 Doubtful — — — — — 26 — — 26 Total other 754 639 565 107 249 299 4,138 123 6,874 Commercial real estate Pass 1,298 1,060 873 604 342 653 3 8 4,841 Special mention 13 5 29 7 18 19 — — 91 Substandard — — — — — 7 — — 7 Total commercial real estate 1,311 1,065 902 611 360 679 3 8 4,939 Total commercial $ 2,419 $ 1,896 $ 1,586 $ 783 $ 663 $ 1,052 $ 15,512 $ 131 $ 24,042
Past Due Financing Receivables	The following table presents an analysis of our past-due commercial finance receivables and loans recorded at amortized cost basis. ($ in millions) 30–59 days past due 60–89 days past due 90 days or more past due Total past due Current Total finance receivables and loans June 30, 2022 Commercial Commercial and industrial Automotive $ — $ — $ — $ — $ 12,174 $ 12,174 Other — — 2 2 7,484 7,486 Commercial real estate — — — — 5,114 5,114 Total commercial $ — $ — $ 2 $ 2 $ 24,772 $ 24,774 December 31, 2021 Commercial Commercial and industrial Automotive $ — $ — $ — $ — $ 12,229 $ 12,229 Other — — 1 1 6,873 6,874 Commercial real estate — — — — 4,939 4,939 Total commercial $ — $ — $ 1 $ 1 $ 24,041 $ 24,042

Leasing (Tables)

Leasing (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Lessee, Operating Lease, Liability, Maturity	The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of June 30, 2022, and that have noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 20 2023 31 2024 26 2025 21 2026 18 2027 and thereafter 29 Total undiscounted cash flows 145 Difference between undiscounted cash flows and discounted cash flows (9) Total lease liability $ 136
Lease, Cost	The following table details the components of total net operating lease expense. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Operating lease expense $ 9 $ 14 $ 17 $ 26 Variable lease expense 1 2 2 4 Total lease expense, net (a) $ 10 $ 16 $ 19 $ 30 (a) Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income.
Schedule of Investment in Operating Lease	The following table details our investment in operating leases. ($ in millions) June 30, 2022 December 31, 2021 Vehicles $ 12,173 $ 12,384 Accumulated depreciation (1,657) (1,522) Investment in operating leases, net $ 10,516 $ 10,862
Lessor, Operating Lease, Payments to be Received, Maturity	The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 824 2023 1,345 2024 732 2025 246 2026 33 2027 and thereafter 2 Total lease payments from operating leases $ 3,182
Depreciation Expense on Operating Lease Assets	The following table summarizes the components of depreciation expense on operating lease assets. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Depreciation expense on operating lease assets (excluding remarketing gains) (a) $ 269 $ 210 $ 536 $ 437 Remarketing gains, net (50) (128) (100) (192) Net depreciation expense on operating lease assets $ 219 $ 82 $ 436 $ 245 (a) Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $2 million and $4 million during the three months and six months ended June 30, 2022, respectively, and $5 million and $10 million during the three months and six months ended June 30, 2021.
Finance Lease, Liability, Maturity	The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after June 30, 2022. ($ in millions) 2022 $ 86 2023 146 2024 123 2025 77 2026 44 2027 and thereafter 23 Total undiscounted cash flows 499 Difference between undiscounted cash flows and discounted cash flows (49) Present value of lease payments recorded as lease receivable $ 450

Securitizations and Variable _2

Securitizations and Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2022
Securitizations And Variable Interest Entities [Abstract]
Schedule of Variable Interest Entities	The following table presents our involvement in consolidated and nonconsolidated VIEs in which we hold variable interests. We have excluded certain transactions with nonconsolidated entities from the balances presented in the table below, where our only continuing involvement relates to financial interests obtained through the ordinary course of business, primarily from lending and investing arrangements. For additional detail related to the assets and liabilities of consolidated variable interest entities refer to the Condensed Consolidated Balance Sheet. ($ in millions) Carrying value of total assets Carrying value of total liabilities Assets sold to nonconsolidated VIEs (a) Maximum exposure to loss in nonconsolidated VIEs June 30, 2022 On-balance sheet variable interest entities Consumer automotive $ 18,613 (b) $ 1,622 (c) $ — $ — Off-balance sheet variable interest entities Consumer automotive — — 2 2 (d) Consumer other (e) — — 40 40 Commercial other 2,055 (f) 840 (g) — 2,577 (h) Total $ 20,668 $ 2,462 $ 42 $ 2,619 December 31, 2021 On-balance sheet variable interest entities Consumer automotive $ 18,158 (b) $ 1,162 (c) $ — $ — Consumer other (e) 318 300 — — Off-balance sheet variable interest entities Commercial other 1,814 (f) 726 (g) — 2,416 (h) Total $ 20,290 $ 2,188 $ — $ 2,416 (a) Asset values represent the current unpaid principal balance of outstanding credit card finance receivables and loans within the VIEs. (b) Includes $10.6 billion and $11.0 billion of assets that were not encumbered by VIE beneficial interests held by third parties at June 30, 2022, and December 31, 2021, respectively. Ally or consolidated affiliates hold the interests in these assets. (c) Includes $120 million and $124 million of liabilities that were not obligations to third-party beneficial interest holders at June 30, 2022, and December 31, 2021, respectively. (d) Maximum exposure to loss represents the current unpaid principal balance of outstanding loans based on our customary representation and warranty provisions. This measure is based on the unlikely event that all of the loans have underwriting defects or other defects that trigger a representation and warranty provision and the collateral supporting the loans are worthless. This required disclosure is not an indication of our expected loss. (e) Represents balances from our credit card business. (f) Amounts are classified as other assets except for $1 million and $8 million classified as equity securities at June 30, 2022, and December 31, 2021, respectively. (g) Amounts are classified as accrued expenses and other liabilities. (h) For certain nonconsolidated affordable housing entities, maximum exposure to loss represents the yield we guaranteed investors through long-term guarantee contracts. The amount disclosed is based on the unlikely event that the yield delivered to investors in the form of low-income tax housing credits is recaptured. For nonconsolidated equity investments, maximum exposure to loss represents our outstanding investment, additional committed capital, and low-income housing tax credits subject to recapture. The amount disclosed is based on the unlikely event that our committed capital is funded, our investments become worthless, and the tax credits previously delivered to us are recaptured. This required disclosure is not an indication of our expected loss.
Schedule of Cash Flows with Nonconsolidated Special-Purpose Entities	The following table summarizes cash flows received and paid related to SPEs and asset-backed financings where the transfer is accounted for as a sale and we have a continuing involvement with the transferred consumer automotive and credit card assets (for example, servicing) that were outstanding during the six months ended June 30, 2022, and 2021. Additionally, this table contains information regarding cash flows received from and paid to nonconsolidated SPEs that existed during each period. Six months ended June 30, ($ in millions) 2022 2021 Consumer automotive Cash proceeds from transfers completed during the period $ 2 $ — Consumer other (a) Cash proceeds from transfers completed during the period 45 — Servicing fees 4 — Total $ 51 $ — (a) Represents activity from our credit card business.
Schedule of Quantitative Information and Net Credit Losses about Securitized and Other Financial Assets Managed Together	The following table presents quantitative information about delinquencies and net credit losses for off-balance sheet whole-loan sales where we have continuing involvement. Total amount Amount 60 days or more past due ($ in millions) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Whole-loan sales (a) Consumer automotive $ 2 $ — $ — $ — Consumer other 40 4 1 — Total $ 42 $ 4 $ 1 $ — (a) Whole-loan sales are not part of a securitization transaction, but represent consumer automotive and credit card pools of loans sold to third-party investors.

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Other Assets [Abstract]
Schedule of Other Assets	The components of other assets were as follows. ($ in millions) June 30, 2022 December 31, 2021 Property and equipment at cost $ 2,278 $ 2,139 Accumulated depreciation (1,021) (955) Net property and equipment 1,257 1,184 Investment in qualified affordable housing projects 1,519 1,378 Nonmarketable equity investments 1,251 998 Net deferred tax assets 908 254 Goodwill 822 822 Accrued interest, fees, and rent receivables 646 600 Equity-method investments (a) 583 472 Restricted cash held for securitization trusts (b) 497 516 Other accounts receivable 144 127 Net intangible assets 112 129 Operating lease right-of-use assets 112 148 Restricted cash and cash equivalents (c) 95 92 Other assets 936 1,337 Total other assets $ 8,882 $ 8,057 (a) Primarily relates to investments made in connection with our CRA program. (b) Includes restricted cash collected from customer payments on securitized receivables, which are distributed by us to investors as payments on the related secured debt, and cash reserve deposits utilized as a form of credit enhancement for various securitization transactions. (c) Primarily represents a number of arrangements with third parties where certain restrictions are placed on balances we hold due to collateral agreements associated with operational processes with a third-party bank, or letter of credit arrangements and corresponding collateral requirements.
Summary of Equity Securities without Readily Determinable Fair Value	The total carrying value of the nonmarketable equity investments held at June 30, 2022, and December 31, 2021, including cumulative unrealized gains and losses was as follows. ($ in millions) June 30, 2022 December 31, 2021 FHLB stock $ 548 $ 289 FRB stock 449 449 Equity securities without a readily determinable fair value Cost basis at acquisition 84 89 Adjustments Upward adjustments 177 183 Downward adjustments (including impairment) (7) (12) Carrying amount, equity securities without a readily determinable fair value 254 260 Nonmarketable equity investments $ 1,251 $ 998 During the three months and six months ended June 30, 2022, and June 30, 2021, respectively, unrealized gains and losses included in the carrying value of the nonmarketable equity investments still held as of June 30, 2022, and June 30, 2021, were as follows. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Upward adjustments $ — $ 81 $ 1 $ 81 Downward adjustments (including impairment) (a) $ — $ (1) $ (3) $ (1) (a) No impairment on FHLB and FRB stock was recognized during both the three months and six months ended June 30, 2022, and 2021.
Schedule of Goodwill	The carrying balance of goodwill by reportable operating segment was as follows. ($ in millions) Automotive Finance operations Insurance operations Corporate and Other (a) Total Goodwill at December 31, 2020 $ 20 $ 27 $ 296 $ 343 Goodwill acquired — — 479 479 Goodwill at December 31, 2021 $ 20 $ 27 $ 775 $ 822 Goodwill acquired — — — — Goodwill at June 30, 2022 $ 20 $ 27 $ 775 $ 822 (a) Includes $479 million of goodwill associated with Ally Credit Card at both June 30, 2022, and December 31, 2021, and $153 million of goodwill associated with Ally Lending at both June 30, 2022, and December 31, 2021, and $143 million of goodwill associated with Ally Invest at both June 30, 2022, and December 31, 2021.
Schedule of Finite-Lived Intangible Assets	The net carrying value of intangible assets by class was as follows. June 30, 2022 (a) December 31, 2021 ($ in millions) Gross intangible assets Accumulated amortization Net carrying value Gross intangible assets Accumulated amortization Net carrying value Technology $ 122 $ (45) $ 77 $ 122 $ (36) $ 86 Customer lists 58 (47) 11 58 (42) 16 Purchased credit card relationships 25 (2) 23 25 — 25 Trademarks 2 (1) 1 2 — 2 Total intangible assets $ 207 $ (95) $ 112 $ 207 $ (78) $ 129 (a) We expect to recognize amortization expense of $15 million during the remainder of 2022, $25 million in 2023, $18 million in 2024, $14 million in 2025, and $14 million in 2026.

Deposit Liabilities (Tables)

Deposit Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Deposits [Abstract]
Schedule of Deposit Liabilities	Deposit liabilities consisted of the following. ($ in millions) June 30, 2022 December 31, 2021 Noninterest-bearing deposits $ 185 $ 150 Interest-bearing deposits Savings, money market, and checking accounts 103,587 102,455 Certificates of deposit 36,629 38,953 Total deposit liabilities $ 140,401 $ 141,558

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Short-term Debt	The following table presents the composition of our short-term borrowings portfolio. June 30, 2022 December 31, 2021 ($ in millions) Unsecured Secured (a) Total Unsecured Secured (a) Total Federal Home Loan Bank $ — $ 6,775 $ 6,775 $ — $ — $ — Other (b) — 1,000 1,000 — — — Total short-term borrowings $ — $ 7,775 $ 7,775 $ — $ — $ — (a) Refer to the section below titled Long-Term Debt for further details on assets restricted as collateral for payment of the related debt. (b) Represents a loan participation agreement that did not meet the requirements for derecognition and was therefore accounted for as a secured borrowing.
Long-term Debt	The following tables present the composition of our long-term debt portfolio. June 30, 2022 December 31, 2021 ($ in millions) Unsecured Secured Total Unsecured Secured Total Long-term debt (a) Due within one year $ 798 $ 2,776 $ 3,574 $ 1,028 $ 4,841 $ 5,869 Due after one year 8,377 5,033 13,410 8,382 2,778 11,160 Total long-term debt (b) $ 9,175 $ 7,809 $ 16,984 $ 9,410 $ 7,619 $ 17,029 (a) Includes basis adjustments related to the application of hedge accounting. Refer to Note 19 for additional information. (b) Includes advances, net of hedge basis adjustments, from the FHLB of Pittsburgh of $6.3 billion at both June 30, 2022, and December 31, 2021.
Schedule of Maturities of Long-term Debt	The following table presents the scheduled remaining maturity of long-term debt at June 30, 2022, assuming no early redemptions will occur. The amounts below include adjustments to the carrying value resulting from the application of hedge accounting. The actual payment of secured debt may vary based on the payment activity of the related pledged assets. ($ in millions) 2022 2023 2024 2025 2026 2027 and thereafter Total Unsecured Long-term debt $ 31 $ 2,082 $ 1,479 $ 2,391 $ 25 $ 4,068 $ 10,076 Original issue discount (27) (59) (66) (72) (80) (597) (901) Total unsecured 4 2,023 1,413 2,319 (55) 3,471 9,175 Secured Long-term debt 2,067 2,002 2,423 892 340 85 7,809 Total long-term debt $ 2,071 $ 4,025 $ 3,836 $ 3,211 $ 285 $ 3,556 $ 16,984
Pledged Assets for the Payment of the Related Secured Borrowings and Repurchase Agreements	The following summarizes assets restricted as collateral for the payment of the related debt obligation. June 30, 2022 December 31, 2021 ($ in millions) Total (a) Ally Bank Total (a) Ally Bank Consumer mortgage finance receivables $ 19,210 $ 19,210 $ 17,941 $ 17,941 Consumer automotive finance receivables 9,960 9,960 9,122 9,122 Commercial finance receivables (b) 5,000 5,000 10 10 Investment securities 3,386 3,386 — — Credit card receivables — — 347 347 Total assets restricted as collateral (c) (d) $ 37,556 $ 37,556 $ 27,420 $ 27,420 Secured debt (e) $ 15,584 $ 15,584 $ 7,619 $ 7,619 (a) Ally Bank is a component of the total column. (b) Includes pledged commercial finance receivables related to a participation agreement at June 30, 2022. (c) Ally Bank has an advance agreement with the FHLB, and had assets pledged to secure borrowings that were restricted as collateral to the FHLB totaling $26.6 billion and $18.0 billion at June 30, 2022, and December 31, 2021, respectively. These assets were composed primarily of consumer mortgage finance receivables and loans. Ally Bank has access to the FRB Discount Window and had assets pledged and restricted as collateral to the FRB totaling $2.4 billion at both June 30, 2022, and December 31, 2021. These assets were composed of consumer automotive finance receivables and loans. Availability under these programs is only for the operations of Ally Bank and cannot be used to fund the operations or liabilities of Ally or its other subsidiaries. (d) Excludes restricted cash and cash reserves for securitization trusts recorded within other assets on the Condensed Consolidated Balance Sheet. Refer to Note 11 for additional information. (e) Includes $7.8 billion of short-term borrowings at June 30, 2022.

Accrued Expenses and Other Li_2

Accrued Expenses and Other Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Accounts Payable and Accrued Liabilities [Abstract]
Schedule of Accrued Expenses and Other Liabilities	The components of accrued expenses and other liabilities were as follows. ($ in millions) June 30, 2022 December 31, 2021 Unfunded commitments for investment in qualified affordable housing projects $ 836 $ 724 Accounts payable 534 584 Employee compensation and benefits 341 512 Deferred revenue 174 176 Operating lease liabilities 136 175 Reserves for insurance losses and loss adjustment expenses 131 122 Other liabilities 647 460 Total accrued expenses and other liabilities $ 2,799 $ 2,753

Preferred Stock (Tables)

Preferred Stock (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Preferred Stock	The following table summarizes information about our preferred stock. June 30, 2022 Series B preferred stock (a) Issuance date April 22, 2021 Carrying value ($ in millions) $ 1,335 Par value (per share) $ 0.01 Liquidation preference (per share) $ 1,000 Number of shares authorized 1,350,000 Number of shares issued and outstanding 1,350,000 Dividend/coupon Prior to May 15, 2026 4.700% On and after May 15, 2026 Five Year Treasury + 3.868% Series C preferred stock (a) Issuance date June 2, 2021 Carrying value ($ in millions) $ 989 Par value (per share) $ 0.01 Liquidation preference (per share) $ 1,000 Number of shares authorized 1,000,000 Number of shares issued and outstanding 1,000,000 Dividend/coupon Prior to May 15, 2028 4.700% On and after May 15, 2028 Seven Year Treasury + 3.481% (a) We may, at our option, redeem the Series B and Series C shares on any dividend payment date on or after May 15, 2026, or May 15, 2028, respectively, or at any time within 90 days following a regulatory event that precludes the instruments from being included in additional Tier 1 capital.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income	The following tables present changes, net of tax, in each component of accumulated other comprehensive loss. Three months ended June 30, ($ in millions) Unrealized gains (losses) on investment securities (a) Translation adjustments and net investment hedges (b) Cash flow hedges (b) Defined benefit pension plans Accumulated other comprehensive income (loss) Balance at April 1, 2021 $ 53 $ 20 $ 65 $ (111) $ 27 Net change 206 — (17) — 189 Balance at June 30, 2021 $ 259 $ 20 $ 48 $ (111) $ 216 Balance at April 1, 2022 $ (1,726) $ 20 $ 30 $ (115) $ (1,791) Net change (1,214) (1) (3) — (1,218) Balance at June 30, 2022 (c) $ (2,940) $ 19 $ 27 $ (115) $ (3,009) (a) Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. (b) For additional information on derivative instruments and hedging activities, refer to Note 19. (c) The valuation of our defined benefit plan reflects our current intention to terminate our qualified defined benefit plan in the future. Upon termination and settlement, the unrealized loss and associated tax effects related to our qualified defined benefit pension plan recorded in accumulated other comprehensive income would be recognized in net income from continuing operations of our Condensed Consolidated Statement of Comprehensive Income. Six months ended June 30, ($ in millions) Unrealized gains (losses) on investment securities (a) Translation adjustments and net investment hedges (b) Cash flow hedges (b) Defined benefit pension plans Accumulated other comprehensive income (loss) Balance at January 1, 2021 $ 640 $ 19 $ 82 $ (110) $ 631 Net change (381) 1 (34) (1) (415) Balance at June 30, 2021 $ 259 $ 20 $ 48 $ (111) $ 216 Balance at January 1, 2022 $ (95) $ 19 $ 35 $ (117) $ (158) Net change (2,845) — (8) 2 (2,851) Balance at June 30, 2022 (c) $ (2,940) $ 19 $ 27 $ (115) $ (3,009) (a) Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. (b) For additional information on derivative instruments and hedging activities, refer to Note 19. (c) The valuation of our defined benefit plan reflects our current intention to terminate our qualified defined benefit plan in the future. Upon termination and settlement, the unrealized loss and associated tax effects related to our qualified defined benefit pension plan recorded in accumulated other comprehensive income would be recognized in net income from continuing operations of our Condensed Consolidated Statement of Comprehensive Income.
Reclassification Out of Accumulated Other Comprehensive Income	The following tables present the before- and after-tax changes in each component of accumulated other comprehensive (loss) income. Three months ended June 30, 2022 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized losses arising during the period $ (1,588) $ 376 $ (1,212) Less: Net realized gains reclassified to income from continuing operations 3 (a) (1) (b) 2 Net change (1,591) 377 (1,214) Translation adjustments Net unrealized losses arising during the period (5) 1 (4) Net investment hedges (c) Net unrealized gains arising during the period 4 (1) 3 Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 5 (d) (2) (b) 3 Other comprehensive loss $ (1,597) $ 379 $ (1,218) (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. Three months ended June 30, 2021 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized gains arising during the period $ 276 $ (65) $ 211 Less: Net realized gains reclassified to income from continuing operations 6 (a) (1) (b) 5 Net change 270 (64) 206 Translation adjustments Net unrealized gains arising during the period 2 — 2 Net investment hedges (c) Net unrealized losses arising during the period (3) 1 (2) Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 22 (d) (5) (b) 17 Other comprehensive income $ 247 $ (58) $ 189 (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. Six months ended June 30, 2022 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized losses arising during the period $ (3,708) $ 879 $ (2,829) Less: Net realized gains reclassified to income from continuing operations 21 (a) (5) (b) 16 Net change (3,729) 884 (2,845) Translation adjustments Net unrealized losses arising during the period (2) 1 (1) Net investment hedges (c) Net unrealized gains arising during the period 1 — 1 Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 11 (d) (3) (b) 8 Defined benefit pension plans Net unrealized gains arising during the period 2 — 2 Other comprehensive loss $ (3,739) $ 888 $ (2,851) (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income. Six months ended June 30, 2021 ($ in millions) Before tax Tax effect After tax Investment securities Net unrealized losses arising during the period $ (460) $ 109 $ (351) Less: Net realized gains reclassified to income from continuing operations 38 (a) (8) (b) 30 Net change (498) 117 (381) Translation adjustments Net unrealized gains arising during the period 5 (1) 4 Net investment hedges (c) Net unrealized losses arising during the period (5) 2 (3) Cash flow hedges (c) Less: Net realized gains reclassified to income from continuing operations 43 (d) (9) (b) 34 Defined benefit pension plans Net unrealized losses arising during the period (2) 1 (1) Other comprehensive loss $ (543) $ 128 $ (415) (a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income. (b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income. (c) For additional information on derivative instruments and hedging activities, refer to Note 19. (d) Includes gains reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents the calculation of basic and diluted earnings per common share. Three months ended June 30, Six months ended June 30, ($ in millions, except per share data; shares in thousands) (a) 2022 2021 2022 2021 Net income from continuing operations $ 482 $ 899 $ 1,137 $ 1,695 Preferred stock dividends — Series B (16) — (32) — Preferred stock dividends — Series C (12) — (24) — Net income from continuing operations attributable to common stockholders $ 454 $ 899 $ 1,081 $ 1,695 Income from discontinued operations, net of tax — 1 — 1 Net income attributable to common stockholders $ 454 $ 900 $ 1,081 $ 1,696 Basic weighted-average common shares outstanding (b) 322,057 370,412 328,830 372,807 Diluted weighted-average common shares outstanding (b) 324,027 373,029 330,882 375,265 Basic earnings per common share Net income from continuing operations $ 1.41 $ 2.43 $ 3.29 $ 4.55 Net income $ 1.41 $ 2.43 $ 3.29 $ 4.55 Diluted earnings per common share Net income from continuing operations $ 1.40 $ 2.41 $ 3.27 $ 4.52 Net income $ 1.40 $ 2.41 $ 3.27 $ 4.52 (a) Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers. (b) Includes shares related to share-based compensation that vested but were not yet issued.

Regulatory Capital and Other _2

Regulatory Capital and Other Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2022
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The following table summarizes our capital ratios under U.S. Basel III. June 30, 2022 December 31, 2021 Required minimum (a) Well-capitalized minimum ($ in millions) Amount Ratio Amount Ratio Capital ratios Common Equity Tier 1 (to risk-weighted assets) Ally Financial Inc. $ 14,650 9.62 % $ 15,143 10.34 % 4.50 % (b) Ally Bank 17,349 11.98 17,253 12.39 4.50 6.50 % Tier 1 (to risk-weighted assets) Ally Financial Inc. $ 16,925 11.11 % $ 17,403 11.89 % 6.00 % 6.00 % Ally Bank 17,349 11.98 17,253 12.39 6.00 8.00 Total (to risk-weighted assets) Ally Financial Inc. $ 19,409 12.75 % $ 19,724 13.47 % 8.00 % 10.00 % Ally Bank 19,166 13.24 18,995 13.64 8.00 10.00 Tier 1 leverage (to adjusted quarterly average assets) (c) Ally Financial Inc. $ 16,925 9.10 % $ 17,403 9.67 % 4.00 % (b) Ally Bank 17,349 9.83 17,253 10.12 4.00 5.00 % (a) In addition to the minimum risk-based capital requirements for the Common Equity Tier 1 capital, Tier 1 capital, and total capital ratios, Ally was required to maintain a minimum capital conservation buffer of 3.5% at both June 30, 2022, and December 31, 2021, and Ally Bank was required to maintain a minimum capital conservation buffer of 2.5% at both June 30, 2022, and December 31, 2021. Beginning October 1, 2022, Ally’s updated preliminary stress capital buffer requirement of 2.5% is scheduled to compose its capital conservation buffer requirement. (b) Currently, there is no ratio component for determining whether a BHC is “well-capitalized.” (c) Federal regulatory reporting guidelines require the calculation of adjusted quarterly average assets using a daily average methodology.
Schedule of Common Share Distribution Activity	The following table presents information related to our common stock and distributions to our common stockholders. Common stock repurchased during period (a) (b) Number of common shares outstanding Cash dividends declared per common share (c) ($ in millions, except per share data; shares in thousands) Approximate dollar value Number of shares Beginning of period End of period 2021 First quarter $ 219 5,276 374,674 371,805 $ 0.19 Second quarter 502 9,641 371,805 362,639 0.19 Third quarter 679 13,055 362,639 349,599 0.25 Fourth quarter 594 12,046 349,599 337,941 0.25 2022 First quarter $ 584 12,548 337,941 327,306 $ 0.30 Second quarter 600 15,031 327,306 312,781 0.30 (a) Includes shares of common stock withheld to cover income taxes owed by participants in our share-based incentive plans. (b) Our aggregate common-stock dividends and share repurchases in the first and second quarters of 2021 were limited by actions taken by the FRB to address the economic uncertainty from the COVID-19 pandemic. Refer to Note 20 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for further details about these actions. (c) On July 14, 2022, our Board declared a quarterly cash dividend of $0.30 per share on all common stock, payable on August 15, 2022, to stockholders of record at the close of business on August 1, 2022. Refer to Note 25 for further information regarding this common-stock dividend.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position	The following table summarizes the amounts of derivative instruments reported on our Condensed Consolidated Balance Sheet. The amounts are presented on a gross basis, are segregated by derivatives that are designated and qualifying as hedging instruments or those that are not, and are further segregated by type of contract within those two categories. Derivative contracts in a receivable and payable position exclude open trade equity on derivatives cleared through central clearing counterparties. Any associated margin exchanged with our central clearing counterparties are treated as settlements of the derivative exposure, rather than collateral. Such payments are recognized as settlements of the derivatives contracts in a receivable and payable position on our Condensed Consolidated Balance Sheet. Notional amounts are reference amounts from which contractual obligations are derived and are not recorded on the balance sheet. In our view, derivative notional is not an accurate measure of our derivative exposure when viewed in isolation from other factors, such as market rate fluctuations and counterparty credit risk. June 30, 2022 December 31, 2021 Derivative contracts in a Notional amount Derivative contracts in a Notional amount ($ in millions) receivable position payable position receivable position payable position Derivatives designated as accounting hedges Interest rate contracts Swaps $ — $ — $ 24,780 $ — $ — $ 17,039 Foreign exchange contracts Forwards — 1 151 — 2 171 Total derivatives designated as accounting hedges — 1 24,931 — 2 17,210 Derivatives not designated as accounting hedges Interest rate contracts Futures and forwards 1 — 168 1 — 223 Written options 2 4 273 5 2 580 Total interest rate risk 3 4 441 6 2 803 Foreign exchange contracts Futures and forwards — 2 156 — 1 154 Total foreign exchange risk — 2 156 — 1 154 Credit contracts (a) Other credit derivatives — 48 n/a — 56 n/a Total credit risk — 48 n/a — 56 n/a Equity contracts Written options — — — — 1 2 Purchased options 1 — — 1 — — Total equity risk 1 — — 1 1 2 Total derivatives not designated as accounting hedges 4 54 597 7 60 959 Total derivatives $ 4 $ 55 $ 25,528 $ 7 $ 62 $ 18,169 n/a = not applicable (a) The maximum potential amount of undiscounted future payments that could be required under these credit derivatives was $102 million and $119 million as of June 30, 2022, and December 31, 2021, respectively.
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The following table presents amounts recorded on our Condensed Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges. ($ in millions) Carrying amount of the hedged items Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items Total Discontinued (a) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Assets Available-for-sale securities (b) $ 5,499 $ 5,119 $ (98) $ (14) $ (127) $ (30) Finance receivables and loans, net (c) 46,152 44,098 (501) (37) (83) 46 Liabilities Long-term debt $ 6,672 $ 7,213 $ 106 $ 110 $ 110 $ 110 (a) Represents the fair value hedging adjustment on qualifying hedges for which the hedging relationship was discontinued. This represents a subset of the amounts reported in the total hedging adjustment. (b) These amounts include the amortized cost basis of closed portfolios of available-for-sale securities used to designate hedging relationships in which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. At June 30, 2022, and December 31, 2021, the amortized cost basis of the closed portfolios used in these hedging relationships was $3.8 billion and $3.9 billion, respectively. At June 30, 2022, and December 31, 2021, the total cumulative basis adjustments associated with these hedging relationships was a $80 million liability and a $6 million liability, respectively, of which the portion related to discontinued hedging relationships was a $101 million liability and a $20 million liability, respectively. At June 30, 2022, and December 31, 2021, the notional amounts of the designated hedged items were $2.7 billion and $1.2 billion, respectively, with cumulative basis adjustments of a $21 million asset and a $14 million asset, respectively, which would be allocated across the entire remaining closed pool upon termination or maturity of the hedge relationship. Refer to Note 7 for a reconciliation of the amortized cost and fair value of available-for-sale securities. (c) These amounts include the amortized cost basis of closed portfolios of loan receivables used to designate hedging relationships in which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. At June 30, 2022, and December 31, 2021, the amortized cost basis of the closed portfolios used in these hedging relationships was $46.2 billion and $44.1 billion, respectively. At June 30, 2022, and December 31, 2021, the total cumulative basis adjustments associated with these hedging relationships was a $501 million liability and a $37 million liability, respectively, of which the portion related to discontinued hedging relationships was a $83 million liability and a $46 million asset, respectively. At June 30, 2022, and December 31, 2021, the notional amounts of the designated hedged items were $20.3 billion and $15.6 billion, respectively, with cumulative basis adjustments of a $419 million liability and an $82 million liability, respectively, which would be allocated across the entire remaining closed pool upon termination or maturity of the hedge relationship.
Schedule of Derivative Instruments Not Designated as Accounting Hedge	The following table summarizes the location and amounts of gains and losses on derivative instruments not designated as accounting hedges reported in our Condensed Consolidated Statement of Comprehensive Income. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Gain (loss) recognized in earnings Interest rate contracts Gain (loss) on mortgage and automotive loans, net $ 3 $ (1) $ 1 $ (8) Other income, net of losses 3 2 6 2 Total interest rate contracts 6 1 7 (6) Foreign exchange contracts Other operating expenses 5 (2) 2 (4) Total foreign exchange contracts 5 (2) 2 (4) Credit contracts Other income, net of losses (1) (7) (2) (15) Total credit contracts (1) (7) (2) (15) Total gain (loss) recognized in earnings $ 10 $ (8) $ 7 $ (25)
Schedule of Location and Amounts of Gains and Losses on Derivative Instruments	The following tables summarize the location and amounts of gains and losses on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income. Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on deposits Interest on long-term debt Three months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Hedged fixed-rate unsecured debt $ — $ — $ — $ — $ — $ — $ 6 $ (66) Derivatives designated as hedging instruments on fixed-rate unsecured debt — — — — — — (6) 66 Hedged available-for-sale securities — — (47) (4) — — — — Derivatives designated as hedging instruments on available-for-sale securities — — 47 4 — — — — Hedged fixed-rate consumer automotive loans (149) (38) — — — — — — Derivatives designated as hedging instruments on fixed-rate consumer automotive loans 149 38 — — — — — — Total gain on fair value hedging relationships — — — — — — — — Gain on cash flow hedging relationships Interest rate contracts Hedged variable-rate commercial loans Reclassified from accumulated other comprehensive income into income 5 18 — — — — — — Reclassified from accumulated other comprehensive income into income as a result of a forecasted transaction being probable not to occur — 4 — — — — — — Total gain on cash flow hedging relationships $ 5 $ 22 $ — $ — $ — $ — $ — $ — Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income $ 1,842 $ 1,588 $ 203 $ 147 $ 263 $ 268 $ 184 $ 230 Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on deposits Interest on long-term debt Six months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Hedged fixed-rate unsecured debt $ — $ — $ — $ — $ — $ — $ 4 $ 73 Derivatives designated as hedging instruments on fixed-rate unsecured debt — — — — — — (4) (73) Hedged available-for-sale securities — — (89) (17) — — — — Derivatives designated as hedging instruments on available-for-sale securities — — 89 17 — — — — Hedged fixed-rate consumer automotive loans (453) (77) — — — — — — Derivatives designated as hedging instruments on fixed-rate consumer automotive loans 453 77 — — — — — — Total gain on fair value hedging relationships — — — — — — — — (Loss) gain on cash flow hedging relationships Interest rate contracts Hedged deposit liabilities Reclassified from accumulated other comprehensive income into income — — — — — (1) — — Hedged variable-rate commercial loans Reclassified from accumulated other comprehensive income into income 11 40 — — — — — — Reclassified from accumulated other comprehensive income into income as a result of a forecasted transaction being probable not to occur — 4 — — — — — — Total gain (loss) on cash flow hedging relationships $ 11 $ 44 $ — $ — $ — $ (1) $ — $ — Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income $ 3,556 $ 3,170 $ 391 $ 278 $ 474 $ 574 $ 369 $ 480
Schedule of Derivative Instruments	The following tables summarize the location and amounts of gains and losses related to interest and amortization on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income. Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on long-term debt Three months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Amortization of deferred unsecured debt basis adjustments $ — $ — $ — $ — $ 1 $ 1 Interest for qualifying accounting hedges of unsecured debt — — — — 1 2 Amortization of deferred secured debt basis adjustments (FHLB advances) — — — — (1) (3) Amortization of deferred basis adjustments of available-for-sale securities — — 4 (1) — — Interest for qualifying accounting hedges of available-for-sale securities — — — (3) — — Amortization of deferred loan basis adjustments (2) (11) — — — — Interest for qualifying accounting hedges of consumer automotive loans held for investment (5) (32) — — — — Total (loss) gain on fair value hedging relationships $ (7) $ (43) $ 4 $ (4) $ 1 $ — Interest and fees on finance receivables and loans Interest and dividends on investment securities and other earning assets Interest on long-term debt Six months ended June 30, ($ in millions) 2022 2021 2022 2021 2022 2021 Gain (loss) on fair value hedging relationships Interest rate contracts Amortization of deferred unsecured debt basis adjustments $ — $ — $ — $ — $ 2 $ 2 Interest for qualifying accounting hedges of unsecured debt — — — — 1 3 Amortization of deferred secured debt basis adjustments (FHLB advances) — — — — (2) (8) Amortization of deferred basis adjustments of available-for-sale securities — — 5 (3) — — Interest for qualifying accounting hedges of available-for-sale securities — — (1) (4) — — Amortization of deferred loan basis adjustments (11) (24) — — — — Interest for qualifying accounting hedges of consumer automotive loans held for investment (23) (62) — — — — Total (loss) gain on fair value hedging relationships $ (34) $ (86) $ 4 $ (7) $ 1 $ (3)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The following table summarizes the effect of cash flow hedges on accumulated other comprehensive loss. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Interest rate contracts Loss recognized in other comprehensive loss $ (5) $ (22) $ (11) $ (43)
Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss)	The following table summarizes the effect of net investment hedges on accumulated other comprehensive loss and the Condensed Consolidated Statement of Comprehensive Income. Three months ended June 30, Six months ended June 30, ($ in millions) 2022 2021 2022 2021 Foreign exchange contracts (a) (b) Gain (loss) recognized in other comprehensive loss $ 4 $ (3) $ 1 $ (5) (a) There were no amounts excluded from effectiveness testing for the three months and six months ended June 30, 2022, or 2021.

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis	The following tables display the assets and liabilities measured at fair value on a recurring basis including financial instruments elected for the fair value option. We often economically hedge the fair value change of our assets or liabilities with derivatives and other financial instruments. The tables below display the hedges separately from the hedged items; therefore, they do not directly display the impact of our risk-management activities. Recurring fair value measurements June 30, 2022 ($ in millions) Level 1 Level 2 Level 3 Total Assets Investment securities Equity securities (a) $ 733 $ — $ 2 $ 735 Available-for-sale securities Debt securities U.S. Treasury and federal agencies 2,374 — — 2,374 U.S. States and political subdivisions — 776 12 788 Foreign government 38 111 — 149 Agency mortgage-backed residential — 17,859 — 17,859 Mortgage-backed residential — 4,654 — 4,654 Agency mortgage-backed commercial — 3,730 — 3,730 Asset-backed — 475 — 475 Corporate debt — 1,714 — 1,714 Total available-for-sale securities 2,412 29,319 12 31,743 Mortgage loans held-for-sale (b) — 81 — 81 Finance receivables and loans, net Consumer other (b) — — 7 7 Other assets Derivative contracts in a receivable position Interest rate — 1 2 3 Equity contracts 1 — — 1 Total derivative contracts in a receivable position 1 1 2 4 Total assets $ 3,146 $ 29,401 $ 23 $ 32,570 Liabilities Accrued expenses and other liabilities Derivative contracts in a payable position Interest rate $ — $ — $ 4 $ 4 Foreign currency — 3 — 3 Credit contracts — — 48 48 Total derivative contracts in a payable position — 3 52 55 Total liabilities $ — $ 3 $ 52 $ 55 (a) Our direct investment in any one industry did not exceed 14%. (b) Carried at fair value due to fair value option elections. Recurring fair value measurements December 31, 2021 ($ in millions) Level 1 Level 2 Level 3 Total Assets Investment securities Equity securities (a) $ 1,093 $ — $ 9 $ 1,102 Available-for-sale securities Debt securities U.S. Treasury and federal agencies 2,155 — — 2,155 U.S. States and political subdivisions — 855 9 864 Foreign government 19 138 — 157 Agency mortgage-backed residential — 19,039 — 19,039 Mortgage-backed residential — 4,425 — 4,425 Agency mortgage-backed commercial — 4,526 — 4,526 Asset-backed — 534 — 534 Corporate debt — 1,887 — 1,887 Total available-for-sale securities 2,174 31,404 9 33,587 Mortgage loans held-for-sale (b) — 80 — 80 Finance receivables and loans, net Consumer other (b) — — 7 7 Other assets Derivative contracts in a receivable position Interest rate — 1 5 6 Equity contracts 1 — — 1 Total derivative contracts in a receivable position 1 1 5 7 Total assets $ 3,268 $ 31,485 $ 30 $ 34,783 Liabilities Accrued expenses and other liabilities Derivative contracts in a payable position Interest rate $ — $ — $ 2 $ 2 Foreign currency — 3 — 3 Credit contracts — — 56 56 Equity contracts 1 — — 1 Total derivative contracts in a payable position 1 3 58 62 Total liabilities $ 1 $ 3 $ 58 $ 62 (a) Our direct investment in any one industry did not exceed 8%. (b) Carried at fair value due to fair value option elections.
Fair Value, Assets Measured on a Recurring Basis, Unobservable Input Reconciliation	The following tables present the reconciliation for all Level 3 assets and liabilities measured at fair value on a recurring basis. We often economically hedge the fair value change of our assets or liabilities with derivatives and other financial instruments. The Level 3 items presented below may be hedged by derivatives and other financial instruments that are classified as Level 1 or Level 2. Thus, the following tables do not fully reflect the impact of our risk-management activities. Equity securities (a) Available-for-sale securities Mortgage loans held-for-sale (b) (c) Finance receivables and loans, net (b) ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Assets Fair value at April 1, $ 1 $ 11 $ 11 $ 7 $ — $ 146 $ 7 $ 8 Net realized/unrealized gains Included in earnings 1 — — — — 21 — — Included in OCI — — — — — — — — Purchases — — 1 — — 812 4 5 Sales — (2) — — — (882) — — Issuances — — — — — — — — Settlements — — — — — — (4) (5) Transfers into Level 3 — — — — — — — — Transfers out of Level 3 — — — — — — — — Fair value at June 30 $ 2 $ 9 $ 12 $ 7 $ — $ 97 $ 7 $ 8 Net unrealized gains still held at June 30, Included in earnings $ — $ — $ — $ — $ — $ 1 $ — $ — Included in OCI — — — — — — — — (a) Net realized/unrealized gains are reported as other gain on investments, net, in the Condensed Consolidated Statement of Comprehensive Income. (b) Carried at fair value due to fair value option elections. (c) Net realized/unrealized gains (losses) are reported as gain on mortgage and automotive loans, net, in the Condensed Consolidated Statement of Comprehensive Income. Derivative liabilities, net of derivative assets (a) ($ in millions) 2022 2021 Liabilities Fair value at April 1, $ 61 $ 28 Net realized/unrealized (gains) losses Included in earnings (1) 7 Included in OCI — — Purchases — — Sales — — Issuances — 2 Settlements (10) — Transfers into Level 3 — — Transfers out of Level 3 — — Fair value at June 30, $ 50 $ 37 Net unrealized (gains) losses still held at June 30, Included in earnings $ (1) $ 10 Included in OCI — — (a) Net realized/unrealized (gains) losses are reported as gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income. Equity securities (a) Available-for-sale securities Mortgage loans held-for-sale (b) (c) Finance receivables and loans, net (b) (d) ($ in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Assets Fair value at January 1, $ 9 $ 7 $ 9 $ 7 $ — $ 91 $ 7 $ 8 Net realized/unrealized gains (losses) Included in earnings 2 4 — — — 49 (1) 1 Included in OCI — — — — — — — — Purchases — — 3 — — 1,851 8 8 Sales (9) (2) — — — (1,894) — — Issuances — — — — — — — — Settlements — — — — — — (7) (9) Transfers into Level 3 — — — — — — — — Transfers out of Level 3 — — — — — — — — Fair value at June 30, $ 2 $ 9 $ 12 $ 7 $ — $ 97 $ 7 $ 8 Net unrealized gains (losses) still held at June 30, Included in earnings $ — $ 4 $ — $ — $ — $ 1 $ (1) $ — Included in OCI — — — — — — — — (a) Net realized/unrealized gains are reported as other gain on investments, net, in the Condensed Consolidated Statement of Comprehensive Income. (b) Carried at fair value due to fair value option elections. (c) Net realized/unrealized gains are reported as gain on mortgage and automotive loans, net, in the Condensed Consolidated Statement of Comprehensive Income. (d) Net realized/unrealized (losses) gains are reported as other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income. Derivative liabilities, net of derivative assets (a) ($ in millions) 2022 2021 Liabilities Fair value at January 1, $ 53 $ 12 Net realized/unrealized losses Included in earnings 7 22 Included in OCI — — Purchases — — Sales — — Issuances — 3 Settlements (10) — Transfers into Level 3 — — Transfers out of Level 3 — — Fair value at June 30, $ 50 $ 37 Net unrealized (gains) losses still held at June 30, Included in earnings $ (4) $ 25 Included in OCI — — (a) Net realized/unrealized losses (gains) are reported as gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income.
Fair Value Measurements - Nonrecurring Basis	The following tables display assets and liabilities measured at fair value on a nonrecurring basis and still held at June 30, 2022, and December 31, 2021, respectively. The amounts are generally as of the end of each period presented, which approximate the fair value measurements that occurred during each period. Nonrecurring fair value measurements Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments Total gain (loss) included in earnings June 30, 2022 ($ in millions) Level 1 Level 2 Level 3 Total Assets Loans held-for-sale, net $ — $ — $ 717 $ 717 $ — n/m (a) Commercial finance receivables and loans, net (b) Automotive — — 5 5 — n/m (a) Other — — 60 60 (77) n/m (a) Total commercial finance receivables and loans, net — — 65 65 (77) n/m (a) Other assets Nonmarketable equity investments — — 12 12 — n/m (a) Repossessed and foreclosed assets (c) — — 5 5 — n/m (a) Total assets $ — $ — $ 799 $ 799 $ (77) n/m n/m = not meaningful (a) We consider the applicable valuation allowance, allowance for loan losses, or cumulative impairment to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment. (b) Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables. (c) The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value. Nonrecurring fair value measurements Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments Total gain (loss) included in earnings December 31, 2021 ($ in millions) Level 1 Level 2 Level 3 Total Assets Loans held-for-sale, net $ — $ — $ 468 $ 468 $ — n/m (a) Commercial finance receivables and loans, net (b) Automotive — — 4 4 — n/m (a) Other — — 112 112 (65) n/m (a) Total commercial finance receivables and loans, net — — 116 116 (65) n/m (a) Other assets Nonmarketable equity investments — — 7 7 (5) n/m (a) Repossessed and foreclosed assets (c) — — 4 4 — n/m (a) Total assets $ — $ — $ 595 $ 595 $ (70) n/m n/m = not meaningful (a) We consider the applicable valuation allowance, allowance for loan losses, or cumulative impairment to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment. (b) Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables. (c) The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value.
Fair Value, by Balance Sheet Grouping	The following table presents the carrying and estimated fair value of financial instruments, except for those recorded at fair value on a recurring basis presented in the previous section of this note titled Recurring Fair Value. When possible, we use quoted market prices to determine fair value. Where quoted market prices are not available, the fair value is internally derived based on appropriate valuation methodologies with respect to the amount and timing of future cash flows and estimated discount rates. However, considerable judgment is required in interpreting current market data to develop the market assumptions and inputs necessary to estimate fair value. As such, the actual amount received to sell an asset or the amount paid to settle a liability could differ from our estimates. Fair value information presented herein was based on information available at June 30, 2022, and December 31, 2021. Estimated fair value ($ in millions) Carrying value Level 1 Level 2 Level 3 Total June 30, 2022 Financial assets Held-to-maturity securities $ 1,112 $ — $ 998 $ — $ 998 Loans held-for-sale, net 717 — — 717 717 Finance receivables and loans, net 125,000 — — 128,544 128,544 FHLB/FRB stock (a) 997 — 997 — 997 Financial liabilities Deposit liabilities $ 38,629 $ — $ — $ 38,312 $ 38,312 Short-term borrowings 7,775 — — 7,779 7,779 Long-term debt 16,984 — 11,447 6,379 17,826 December 31, 2021 Financial assets Held-to-maturity securities $ 1,170 $ — $ 1,204 $ — $ 1,204 Loans held-for-sale, net 469 — — 469 469 Finance receivables and loans, net 118,994 — — 126,044 126,044 FHLB/FRB stock (a) 738 — 738 — 738 Financial liabilities Deposit liabilities $ 40,953 $ — $ — $ 41,164 $ 41,164 Long-term debt 17,029 — 12,637 6,892 19,529 (a) Included in other assets on our Condensed Consolidated Balance Sheet.

Offsetting Assets and Liabili_2

Offsetting Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Offsetting [Abstract]
Offsetting Assets	The composition of offsetting derivative instruments, financial assets, and financial liabilities was as follows. Gross amounts of recognized assets/liabilities Gross amounts offset on the Condensed Consolidated Balance Sheet Net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet Gross amounts not offset on the Condensed Consolidated Balance Sheet ($ in millions) Financial instruments Collateral (a) (b) (c) Net amount June 30, 2022 Assets Derivative assets in net asset positions $ 1 $ — $ 1 $ — $ — $ 1 Derivative assets with no offsetting arrangements 3 — 3 — — 3 Total assets $ 4 $ — $ 4 $ — $ — $ 4 Liabilities Derivative liabilities in net liability positions $ 3 $ — $ 3 $ — $ (3) $ — Derivative liabilities with no offsetting arrangements 52 — 52 — — 52 Total liabilities $ 55 $ — $ 55 $ — $ (3) $ 52 December 31, 2021 Assets Derivative assets in net asset positions $ 1 $ — $ 1 $ (1) $ — $ — Derivative assets with no offsetting arrangements 6 — 6 — — 6 Total assets $ 7 $ — $ 7 $ (1) $ — $ 6 Liabilities Derivative liabilities in net liability positions $ 3 $ — $ 3 $ — $ (2) $ 1 Derivative liabilities in net asset positions 1 — 1 (1) — — Derivative liabilities with no offsetting arrangements 58 — 58 — — 58 Total liabilities $ 62 $ — $ 62 $ (1) $ (2) $ 59 (a) Financial collateral received/pledged shown as a balance based on the sum of all net asset and liability positions between Ally and each individual derivative counterparty. (b) Amounts disclosed are limited to the financial asset or liability balance and, accordingly, exclude excess collateral received or pledged and noncash collateral received. We do not record such collateral received on our Condensed Consolidated Balance Sheet unless certain conditions are met. (c) Certain agreements grant us the right to sell or pledge the noncash assets we receive as collateral. We have not sold or pledged any of the noncash collateral received under these agreements.
Offsetting Liabilities	The composition of offsetting derivative instruments, financial assets, and financial liabilities was as follows. Gross amounts of recognized assets/liabilities Gross amounts offset on the Condensed Consolidated Balance Sheet Net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet Gross amounts not offset on the Condensed Consolidated Balance Sheet ($ in millions) Financial instruments Collateral (a) (b) (c) Net amount June 30, 2022 Assets Derivative assets in net asset positions $ 1 $ — $ 1 $ — $ — $ 1 Derivative assets with no offsetting arrangements 3 — 3 — — 3 Total assets $ 4 $ — $ 4 $ — $ — $ 4 Liabilities Derivative liabilities in net liability positions $ 3 $ — $ 3 $ — $ (3) $ — Derivative liabilities with no offsetting arrangements 52 — 52 — — 52 Total liabilities $ 55 $ — $ 55 $ — $ (3) $ 52 December 31, 2021 Assets Derivative assets in net asset positions $ 1 $ — $ 1 $ (1) $ — $ — Derivative assets with no offsetting arrangements 6 — 6 — — 6 Total assets $ 7 $ — $ 7 $ (1) $ — $ 6 Liabilities Derivative liabilities in net liability positions $ 3 $ — $ 3 $ — $ (2) $ 1 Derivative liabilities in net asset positions 1 — 1 (1) — — Derivative liabilities with no offsetting arrangements 58 — 58 — — 58 Total liabilities $ 62 $ — $ 62 $ (1) $ (2) $ 59 (a) Financial collateral received/pledged shown as a balance based on the sum of all net asset and liability positions between Ally and each individual derivative counterparty. (b) Amounts disclosed are limited to the financial asset or liability balance and, accordingly, exclude excess collateral received or pledged and noncash collateral received. We do not record such collateral received on our Condensed Consolidated Balance Sheet unless certain conditions are met. (c) Certain agreements grant us the right to sell or pledge the noncash assets we receive as collateral. We have not sold or pledged any of the noncash collateral received under these agreements.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
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) 2022 Net financing revenue and other interest income $ 1,301 $ 20 $ 56 $ 77 $ 310 $ 1,764 Other revenue 72 158 4 19 59 312 Total net revenue 1,373 178 60 96 369 2,076 Provision for credit losses 228 — — 8 68 304 Total noninterest expense 545 300 54 28 211 1,138 Income (loss) from continuing operations before income tax expense $ 600 $ (122) $ 6 $ 60 $ 90 $ 634 Total assets $ 107,178 $ 8,819 $ 19,126 $ 8,890 $ 41,690 $ 185,703 2021 Net financing revenue and other interest income $ 1,333 $ 15 $ 23 $ 77 $ 99 $ 1,547 Other revenue 61 344 22 33 78 538 Total net revenue 1,394 359 45 110 177 2,085 Provision for credit losses (23) — — (13) 4 (32) Total noninterest expense 500 272 45 28 230 1,075 Income (loss) from continuing operations before income tax expense $ 917 $ 87 $ — $ 95 $ (57) $ 1,042 Total assets $ 100,162 $ 9,394 $ 13,865 $ 6,246 $ 50,803 $ 180,470 (a) Net financing revenue and other interest income after the provision for credit losses totaled $1.5 billion and $1.6 billion for the three months ended June 30, 2022, and June 30, 2021, respectively. Six months ended June 30, ($ in millions) Automotive Finance operations Insurance operations Mortgage Finance operations Corporate Finance operations Corporate and Other Consolidated (a) 2022 Net financing revenue and other interest income $ 2,596 $ 37 $ 109 $ 160 $ 555 $ 3,457 Other revenue 140 428 18 43 125 754 Total net revenue 2,736 465 127 203 680 4,211 Provision for credit losses 332 — — 14 125 471 Total noninterest expense 1,079 574 110 65 432 2,260 Income (loss) from continuing operations before income tax expense $ 1,325 $ (109) $ 17 $ 124 $ 123 $ 1,480 Total assets $ 107,178 $ 8,819 $ 19,126 $ 8,890 $ 41,690 $ 185,703 2021 Net financing revenue and other interest income $ 2,539 $ 30 $ 46 $ 148 $ 156 $ 2,919 Other revenue 123 723 62 59 136 1,103 Total net revenue 2,662 753 108 207 292 4,022 Provision for credit losses (45) — (4) — 4 (45) Total noninterest expense 987 525 89 59 358 2,018 Income (loss) from continuing operations before income tax expense $ 1,720 $ 228 $ 23 $ 148 $ (70) $ 2,049 Total assets $ 100,162 $ 9,394 $ 13,865 $ 6,246 $ 50,803 $ 180,470 (a) Net financing revenue and other interest income after the provision for credit losses totaled $3.0 billion for both the six months ended June 30, 2022, and June 30, 2021.

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - USD ($) $ in Millions	Dec. 01, 2021	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Goodwill		$ 822	$ 822	$ 343
Fair Square Financial Holdings LLC
Business Acquisition [Line Items]
Percentage of voting interests acquired	100%
Cash consideration	$ 741
Goodwill	$ 479

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions	Dec. 01, 2021	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Goodwill		$ 822	$ 822	$ 343
Fair Square Financial Holdings LLC
Business Acquisition [Line Items]
Cash consideration	$ 741
Finance receivables and loans	870
Intangible assets	98
Cash and short-term investments	42
Other assets	46
Debt	(765)
Other liabilities	(29)
Goodwill	479
Financing receivable, purchased with credit deterioration, amount	22
Financing receivable, purchased with credit deterioration, allowance for credit loss	$ 12
Weighted average amortization period	7 years

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Disaggregation of Revenue) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 226	$ 215	$ 447	$ 433
All other revenue	86	323	307	670
Total other revenue	312	538	754	1,103
Remarketing gains (losses), net	50	128	100	192
Corporate and Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	24	20	47	46
All other revenue	35	58	78	90
Total other revenue	59	78	125	136
Automotive Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	35	33	67	66
All other revenue	37	28	73	57
Total other revenue	72	61	140	123
Remarketing gains (losses), net	50	128	100	192
Insurance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	167	162	333	321
All other revenue	(9)	182	95	402
Total other revenue	158	344	428	723
Mortgage Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
All other revenue	4	22	18	62
Total other revenue	4	22	18	62
Corporate Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
All other revenue	19	33	43	59
Total other revenue	19	33	43	59
Noninsurance contracts
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	163	158	325	313
Noninsurance contracts | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Noninsurance contracts | Automotive Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Noninsurance contracts | Insurance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	163	158	325	313
Unearned revenue, remaining performance obligation, amount	3,000	3,100	3,000	3,100	$ 3,000	$ 3,100	$ 3,000	$ 3,000
Unearned revenue, revenue recognized	234	228	465	453
Capitalized contract cost, net	1,800	1,900	1,800	1,900	$ 1,800	$ 1,900	$ 1,800	$ 1,800
Capitalized contract cost, amortization	140	133	277	265
Noninsurance contracts | Insurance operations | Operating Segments | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Disaggregation of Revenue [Line Items]
Unearned revenue, remaining performance obligation, amount	$ 443		$ 443
Remaining performance obligation, expected timing of satisfaction, period	6 months		6 months
Noninsurance contracts | Insurance operations | Operating Segments | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Disaggregation of Revenue [Line Items]
Unearned revenue, remaining performance obligation, amount	$ 825		$ 825
Remaining performance obligation, expected timing of satisfaction, period	1 year		1 year
Noninsurance contracts | Insurance operations | Operating Segments | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Disaggregation of Revenue [Line Items]
Unearned revenue, remaining performance obligation, amount	$ 681		$ 681
Remaining performance obligation, expected timing of satisfaction, period	1 year		1 year
Noninsurance contracts | Insurance operations | Operating Segments | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Disaggregation of Revenue [Line Items]
Unearned revenue, remaining performance obligation, amount	$ 488		$ 488
Remaining performance obligation, expected timing of satisfaction, period	1 year		1 year
Noninsurance contracts | Insurance operations | Operating Segments | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Disaggregation of Revenue [Line Items]
Unearned revenue, remaining performance obligation, amount	$ 580		$ 580
Remaining performance obligation, expected timing of satisfaction, period
Noninsurance contracts | Mortgage Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 0	0	$ 0	0
Noninsurance contracts | Corporate Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Remarketing fee income
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	29	27	56	54
Remarketing fee income | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Remarketing fee income | Automotive Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	29	27	56	54
Remarketing fee income | Insurance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Remarketing fee income | Mortgage Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Remarketing fee income | Corporate Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokerage commissions and other revenue
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	13	13	24	33
Brokerage commissions and other revenue | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	13	13	24	33
Brokerage commissions and other revenue | Automotive Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokerage commissions and other revenue | Insurance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokerage commissions and other revenue | Mortgage Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokerage commissions and other revenue | Corporate Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Banking fees and interchange income
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	10	5	21	11
Customer rewards expense	3		6
Banking fees and interchange income | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	10	5	21	11
Banking fees and interchange income | Automotive Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Banking fees and interchange income | Insurance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Banking fees and interchange income | Mortgage Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Banking fees and interchange income | Corporate Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokered/agent commissions
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	4	4	8	8
Brokered/agent commissions | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokered/agent commissions | Automotive Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokered/agent commissions | Insurance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	4	4	8	8
Brokered/agent commissions | Mortgage Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Brokered/agent commissions | Corporate Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	7	8	13	14
Other | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1	2	2	2
Other | Automotive Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	6	6	11	12
Other | Insurance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Other | Mortgage Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Other | Corporate Finance operations | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 0	$ 0	$ 0	$ 0

Other Income, Net of Losses (Sc

Other Income, Net of Losses (Schedule of Other Income, Net of Losses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other Nonoperating Income (Expense) [Abstract]
Late charges and other administrative fees	$ 38	$ 29	$ 75	$ 60
Remarketing fees	29	27	56	54
Income from equity-method investments	25	31	45	45
Gain on nonmarketable equity investments, net	3	99	2	103
Other, net	57	63	117	114
Total other income, net of losses	$ 152	$ 249	$ 295	$ 376

Reserves for Insurance Losses_3

Reserves for Insurance Losses and Loss Adjustment Expenses (Rollforward of Reserves for Insurance Losses and Loss Adjustment Expenses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Gross reserves for insurance losses and loss adjustment expenses, beginning balance			$ 122	$ 129
Reinsurance recoverable			81	90
Net reserves for insurance losses and loss adjustment expenses, beginning balance			41	39
Net insurance losses and loss adjustment expenses, current year			151	136
Net insurance losses and loss adjustment expenses, prior years			(4)	1
Total net insurance losses and loss adjustment expenses incurred	$ 89	$ 74	147	137
Net insurance losses and loss adjustment expenses paid or payable, current year			(114)	(108)
Net insurance losses and loss adjustment expenses paid or payable, prior years			(24)	(27)
Total net insurance losses and loss adjustment expenses paid or payable			(138)	(135)
Net reserves for insurance losses and loss adjustment expenses, ending balance	50	41	50	41
Reinsurance recoverable	81	85	81	85
Gross reserves for insurance losses and loss adjustment expenses, ending balance	$ 131	$ 126	$ 131	$ 126

Other Operating Expenses (Sched

Other Operating Expenses (Schedule Of Other Operating Expenses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Operating Expenses [Abstract]
Insurance commissions	$ 151	$ 138	$ 300	$ 274
Technology and communications	100	81	197	159
Advertising and marketing	77	45	149	86
Lease and loan administration	54	57	105	112
Professional services	47	28	90	61
Property and equipment depreciation	41	38	80	74
Regulatory and licensing fees	22	17	48	35
Vehicle remarketing and repossession	22	17	42	38
Amortization of intangible assets	8	4	16	9
Charitable contributions	6	54	7	55
Other	84	76	149	137
Total other operating expenses	$ 612	$ 555	$ 1,183	$ 1,040

Investment Securities (Investme

Investment Securities (Investment Portfolio) (Details) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Available-for-sale securities
Amortized cost		$ 35,521	$ 33,650
Gross unrealized gains		5	358
Gross unrealized losses		(3,783)	(421)
Fair value	[1]	31,743	33,587
Held-to-maturity securities
Amortized cost		1,112	1,170
Gross unrealized gains		0	48
Gross unrealized losses		(114)	(14)
Fair value		998	1,204
Debt securities, available-for-sale, accrued interest receivable		90	84
Debt securities, held-to-maturity, accrued interest receivable		3	3
Asset Pledged as Collateral with Right
Available-for-sale securities
Fair value		3,700	203
Held-to-maturity securities
Securities with the right to sell or pledge		304	203
Operating Segments | Insurance operations
Held-to-maturity securities
Deposit securities		12	13
U.S. Treasury and federal agencies
Available-for-sale securities
Amortized cost		2,561	2,173
Gross unrealized gains		0	2
Gross unrealized losses		(187)	(20)
Fair value		2,374	2,155
U.S. States and political subdivisions
Available-for-sale securities
Amortized cost		859	841
Gross unrealized gains		1	27
Gross unrealized losses		(72)	(4)
Fair value		788	864
Foreign government
Available-for-sale securities
Amortized cost		161	157
Gross unrealized gains		0	2
Gross unrealized losses		(12)	(2)
Fair value		149	157
Agency mortgage-backed securities
Available-for-sale securities
Amortized cost		19,956	19,044
Gross unrealized gains		1	219
Gross unrealized losses		(2,098)	(224)
Fair value		17,859	19,039
Held-to-maturity securities
Amortized cost		1,112	1,170
Gross unrealized gains		0	48
Gross unrealized losses		(114)	(14)
Fair value		998	1,204
Mortgage-backed residential
Available-for-sale securities
Amortized cost		5,249	4,448
Gross unrealized gains		0	11
Gross unrealized losses		(595)	(34)
Fair value		4,654	4,425
Agency mortgage-backed commercial
Available-for-sale securities
Amortized cost		4,343	4,573
Gross unrealized gains		3	66
Gross unrealized losses		(616)	(113)
Fair value		3,730	4,526
Asset-backed
Available-for-sale securities
Amortized cost		496	536
Gross unrealized gains		0	1
Gross unrealized losses		(21)	(3)
Fair value		475	534
Corporate debt
Available-for-sale securities
Amortized cost		1,896	1,878
Gross unrealized gains		0	30
Gross unrealized losses		(182)	(21)
Fair value		$ 1,714	$ 1,887
[1]Refer to Note 7 for discussion of investment securities pledged as collateral.

Investment Securities (Invest_2

Investment Securities (Investments Classified by Contractual Maturity Date) (Details) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Available-for-sale securities
Total available-for-sale debt securities	[1]	$ 31,743	$ 33,587
Debt securities, available-for-sale, yield		2.40%	2.30%
Debt securities, available-for-sale, due in one year or less		$ 376	$ 370
Debt securities, available-for-sale, due in one year or less, yield		1.40%	1.30%
Debt securities, available-for-sale, due after one year through five years		$ 2,068	$ 1,905
Debt securities, available-for-sale, due after one year through five years, yield		1.80%	1.90%
Debt securities, available-for-sale, due after five years through ten years		$ 3,576	$ 4,324
Debt securities, available-for-sale, due after five years through ten years, yield		2%	2%
Debt securities, available-for-sale, due after ten years		$ 25,723	$ 26,988
Debt securities, available-for-sale, due after ten years, yield		2.50%	2.40%
Debt securities, available-for-sale, amortized cost		$ 35,521	$ 33,650
Debt securities, available-for-sale, maturity, within one year, amortized cost		377	368
Debt securities, available-for-sale, maturity, after one through five years, amortized cost		2,183	1,893
Debt securities, available-for-sale, maturity, after five through ten years, amortized cost		3,961	4,291
Debt securities, available-for-sale, maturity, after ten years, amortized cost		29,000	27,098
Held-to-maturity securities
Debt securities, held-to-maturity, amortized cost, amount		$ 1,112	$ 1,170
Debt securities, held-to-maturity, yield		2.80%	2.80%
Debt securities, held-to-maturity, maturity, within one year, amortized cost		$ 0	$ 0
Debt securities, held-to-maturity, due in one year or less, yield		0%	0%
Debt securities, held-to-maturity, maturity, one through five years, amortized cost		$ 0	$ 0
Debt securities, held-to-maturity, due after one year through five years, yield		0%	0%
Debt securities, held-to-maturity, maturity, after five through ten years, amortized cost		$ 0	$ 0
Debt securities, held-to-maturity, due after five years through ten years, yield		0%	0%
Debt securities, held-to-maturity, maturity, after ten years, amortized cost		$ 1,112	$ 1,170
Debt securities, held-to-maturity, due after ten years, yield		2.80%	2.80%
Cash equivalents		$ 60	$ 40
U.S. Treasury and federal agencies
Available-for-sale securities
Total available-for-sale debt securities		$ 2,374	$ 2,155
Debt securities, available-for-sale, yield		1.40%	1.10%
Debt securities, available-for-sale, due in one year or less		$ 275	$ 288
Debt securities, available-for-sale, due in one year or less, yield		1%	1%
Debt securities, available-for-sale, due after one year through five years		$ 602	$ 525
Debt securities, available-for-sale, due after one year through five years, yield		1.10%	0.90%
Debt securities, available-for-sale, due after five years through ten years		$ 1,497	$ 1,342
Debt securities, available-for-sale, due after five years through ten years, yield		1.60%	1.20%
Debt securities, available-for-sale, due after ten years		$ 0	$ 0
Debt securities, available-for-sale, due after ten years, yield		0%	0%
Debt securities, available-for-sale, amortized cost		$ 2,561	$ 2,173
U.S. States and political subdivisions
Available-for-sale securities
Total available-for-sale debt securities		$ 788	$ 864
Debt securities, available-for-sale, yield		3.10%	3%
Debt securities, available-for-sale, due in one year or less		$ 32	$ 26
Debt securities, available-for-sale, due in one year or less, yield		2.70%	1.60%
Debt securities, available-for-sale, due after one year through five years		$ 72	$ 77
Debt securities, available-for-sale, due after one year through five years, yield		2.80%	2.80%
Debt securities, available-for-sale, due after five years through ten years		$ 113	$ 128
Debt securities, available-for-sale, due after five years through ten years, yield		3.30%	3.30%
Debt securities, available-for-sale, due after ten years		$ 571	$ 633
Debt securities, available-for-sale, due after ten years, yield		3.10%	3%
Debt securities, available-for-sale, amortized cost		$ 859	$ 841
Foreign government
Available-for-sale securities
Total available-for-sale debt securities		$ 149	$ 157
Debt securities, available-for-sale, yield		1.60%	1.90%
Debt securities, available-for-sale, due in one year or less		$ 2	$ 2
Debt securities, available-for-sale, due in one year or less, yield		0.10%	2.10%
Debt securities, available-for-sale, due after one year through five years		$ 85	$ 97
Debt securities, available-for-sale, due after one year through five years, yield		1.50%	2%
Debt securities, available-for-sale, due after five years through ten years		$ 62	$ 58
Debt securities, available-for-sale, due after five years through ten years, yield		1.80%	1.80%
Debt securities, available-for-sale, due after ten years		$ 0	$ 0
Debt securities, available-for-sale, due after ten years, yield		0%	0%
Debt securities, available-for-sale, amortized cost		$ 161	$ 157
Agency mortgage-backed securities
Available-for-sale securities
Total available-for-sale debt securities		$ 17,859	$ 19,039
Debt securities, available-for-sale, yield		2.50%	2.50%
Debt securities, available-for-sale, due in one year or less		$ 0	$ 0
Debt securities, available-for-sale, due in one year or less, yield		0%	0%
Debt securities, available-for-sale, due after one year through five years		$ 0	$ 0
Debt securities, available-for-sale, due after one year through five years, yield		0%	0%
Debt securities, available-for-sale, due after five years through ten years		$ 21	$ 26
Debt securities, available-for-sale, due after five years through ten years, yield		2%	2%
Debt securities, available-for-sale, due after ten years		$ 17,838	$ 19,013
Debt securities, available-for-sale, due after ten years, yield		2.50%	2.50%
Debt securities, available-for-sale, amortized cost		$ 19,956	$ 19,044
Held-to-maturity securities
Debt securities, held-to-maturity, amortized cost, amount		$ 1,112	$ 1,170
Debt securities, held-to-maturity, yield		2.80%	2.80%
Debt securities, held-to-maturity, maturity, within one year, amortized cost		$ 0	$ 0
Debt securities, held-to-maturity, due in one year or less, yield		0%	0%
Debt securities, held-to-maturity, maturity, one through five years, amortized cost		$ 0	$ 0
Debt securities, held-to-maturity, due after one year through five years, yield		0%	0%
Debt securities, held-to-maturity, maturity, after five through ten years, amortized cost		$ 0	$ 0
Debt securities, held-to-maturity, due after five years through ten years, yield		0%	0%
Debt securities, held-to-maturity, maturity, after ten years, amortized cost		$ 1,112	$ 1,170
Debt securities, held-to-maturity, due after ten years, yield		2.80%	2.80%
Mortgage-backed residential
Available-for-sale securities
Total available-for-sale debt securities		$ 4,654	$ 4,425
Debt securities, available-for-sale, yield		2.70%	2.60%
Debt securities, available-for-sale, due in one year or less		$ 0	$ 0
Debt securities, available-for-sale, due in one year or less, yield		0%	0%
Debt securities, available-for-sale, due after one year through five years		$ 0	$ 0
Debt securities, available-for-sale, due after one year through five years, yield		0%	0%
Debt securities, available-for-sale, due after five years through ten years		$ 31	$ 23
Debt securities, available-for-sale, due after five years through ten years, yield		3.30%	2.90%
Debt securities, available-for-sale, due after ten years		$ 4,623	$ 4,402
Debt securities, available-for-sale, due after ten years, yield		2.70%	2.60%
Debt securities, available-for-sale, amortized cost		$ 5,249	$ 4,448
Agency mortgage-backed commercial
Available-for-sale securities
Total available-for-sale debt securities		$ 3,730	$ 4,526
Debt securities, available-for-sale, yield		2.10%	1.90%
Debt securities, available-for-sale, due in one year or less		$ 0	$ 0
Debt securities, available-for-sale, due in one year or less, yield		0%	0%
Debt securities, available-for-sale, due after one year through five years		$ 24	$ 26
Debt securities, available-for-sale, due after one year through five years, yield		3.10%	2.40%
Debt securities, available-for-sale, due after five years through ten years		$ 1,031	$ 1,578
Debt securities, available-for-sale, due after five years through ten years, yield		2.30%	2.40%
Debt securities, available-for-sale, due after ten years		$ 2,675	$ 2,922
Debt securities, available-for-sale, due after ten years, yield		2%	1.70%
Debt securities, available-for-sale, amortized cost		$ 4,343	$ 4,573
Asset-backed
Available-for-sale securities
Total available-for-sale debt securities		$ 475	$ 534
Debt securities, available-for-sale, yield		1.80%	1.90%
Debt securities, available-for-sale, due in one year or less		$ 0	$ 0
Debt securities, available-for-sale, due in one year or less, yield		0%	0%
Debt securities, available-for-sale, due after one year through five years		$ 407	$ 350
Debt securities, available-for-sale, due after one year through five years, yield		1.80%	2%
Debt securities, available-for-sale, due after five years through ten years		$ 61	$ 175
Debt securities, available-for-sale, due after five years through ten years, yield		1.40%	1.50%
Debt securities, available-for-sale, due after ten years		$ 7	$ 9
Debt securities, available-for-sale, due after ten years, yield		3.40%	3.40%
Debt securities, available-for-sale, amortized cost		$ 496	$ 536
Corporate debt
Available-for-sale securities
Total available-for-sale debt securities		$ 1,714	$ 1,887
Debt securities, available-for-sale, yield		2.30%	2.30%
Debt securities, available-for-sale, due in one year or less		$ 67	$ 54
Debt securities, available-for-sale, due in one year or less, yield		2.40%	2.90%
Debt securities, available-for-sale, due after one year through five years		$ 878	$ 830
Debt securities, available-for-sale, due after one year through five years, yield		2.20%	2.30%
Debt securities, available-for-sale, due after five years through ten years		$ 760	$ 994
Debt securities, available-for-sale, due after five years through ten years, yield		2.30%	2.30%
Debt securities, available-for-sale, due after ten years		$ 9	$ 9
Debt securities, available-for-sale, due after ten years, yield		3.10%	2.50%
Debt securities, available-for-sale, amortized cost		$ 1,896	$ 1,878
[1]Refer to Note 7 for discussion of investment securities pledged as collateral.

Investment Securities (Invest_3

Investment Securities (Investment Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest and dividends on investment securities	$ 203	$ 147	$ 391	$ 278
Excludes other earning assets
Taxable interest	186	131	360	245
Taxable dividends	4	7	8	12
Interest and dividends exempt from U.S. federal income tax	5	5	10	10
Interest and dividends on investment securities	$ 195	$ 143	$ 378	$ 267

Investment Securities (Schedule

Investment Securities (Schedule Of Realized Gain (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Available-for-sale securities, gross realized gains	$ 3	$ 6	$ 21	$ 38
Net realized gain on available-for-sale securities	3	6	21	38
Net realized gain on equity securities	10	40	62	114
Net unrealized (loss) gain on equity securities	(137)	19	(202)	36
Other (loss) gain on investments, net	$ (124)	$ 65	$ (119)	$ 188

Investment securities (Invest_4

Investment securities (Investments Classified by Credit Rating) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities	$ 1,112	$ 1,170
Agency mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities	1,112	1,170
AA Rating
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities	1,112	1,170
AA Rating | Agency mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities	$ 1,112	$ 1,170

Investment Securities (Schedu_2

Investment Securities (Schedule of Unrealized Loss on Investments) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	$ 25,322	$ 21,288
Debt securities, available-for-sale, unrealized loss, less than 12 months	(2,700)	(373)
Debt securities, available-for-sale, fair value, 12 months or longer	5,861	896
Debt securities, available-for-sale, unrealized loss, 12 months or longer	(1,083)	(48)
U.S. Treasury and federal agencies
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	1,965	1,682
Debt securities, available-for-sale, unrealized loss, less than 12 months	(137)	(20)
Debt securities, available-for-sale, fair value, 12 months or longer	409	0
Debt securities, available-for-sale, unrealized loss, 12 months or longer	(50)	0
U.S. States and political subdivisions
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	604	160
Debt securities, available-for-sale, unrealized loss, less than 12 months	(68)	(3)
Debt securities, available-for-sale, fair value, 12 months or longer	41	31
Debt securities, available-for-sale, unrealized loss, 12 months or longer	(4)	(1)
Foreign government
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	121	76
Debt securities, available-for-sale, unrealized loss, less than 12 months	(8)	(2)
Debt securities, available-for-sale, fair value, 12 months or longer	25	7
Debt securities, available-for-sale, unrealized loss, 12 months or longer	(4)	0
Agency mortgage-backed securities
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	13,719	12,244
Debt securities, available-for-sale, unrealized loss, less than 12 months	(1,361)	(223)
Debt securities, available-for-sale, fair value, 12 months or longer	4,044	38
Debt securities, available-for-sale, unrealized loss, 12 months or longer	(737)	(1)
Mortgage-backed residential
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	4,319	3,243
Debt securities, available-for-sale, unrealized loss, less than 12 months	(552)	(34)
Debt securities, available-for-sale, fair value, 12 months or longer	267	22
Debt securities, available-for-sale, unrealized loss, 12 months or longer	(43)	0
Agency mortgage-backed commercial
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	2,753	2,553
Debt securities, available-for-sale, unrealized loss, less than 12 months	(419)	(70)
Debt securities, available-for-sale, fair value, 12 months or longer	812	749
Debt securities, available-for-sale, unrealized loss, 12 months or longer	(197)	(43)
Asset-backed
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	425	360
Debt securities, available-for-sale, unrealized loss, less than 12 months	(21)	(3)
Debt securities, available-for-sale, fair value, 12 months or longer	14	0
Debt securities, available-for-sale, unrealized loss, 12 months or longer	0	0
Corporate debt
Debt Securities [Line Items]
Debt securities, available-for-sale, fair value, less than 12 months	1,416	970
Debt securities, available-for-sale, unrealized loss, less than 12 months	(134)	(18)
Debt securities, available-for-sale, fair value, 12 months or longer	249	49
Debt securities, available-for-sale, unrealized loss, 12 months or longer	$ (48)	$ (3)

Finance Receivables and Loans_3

Finance Receivables and Loans, Net (Schedule of Accounts, Notes, Loans and Financing Receivables) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	$ 128,457		$ 122,268
Unamortized premiums and discounts and deferred fees and costs	2,400		2,300
Accrued interest receivable	564		514
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	103,683		98,226
Consumer | Automotive
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	81,691		78,252
Consumer | Mortgage/Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	19,245		18,012
Consumer | Mortgage Finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	18,923		17,644
Interest-only mortgage loans	4		5
Consumer | Mortgage - Legacy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	322		368
Interest-only mortgage loans	18		21
Consumer | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	2,747		1,962
Finance receivables, fair value	7	$ 7	7	$ 8	$ 8
Consumer | Personal Lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	1,523		1,009
Consumer | Credit Card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	1,224		953
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	24,774		24,042
Commercial | Automotive
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	12,174		12,229
Commercial | Mortgage/Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	5,114		4,939
Commercial | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables and loans	$ 7,486		$ 6,874

Finance Receivables and Loans_4

Finance Receivables and Loans, Net (Allowance for Credit Losses on Financing Receivables) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance, beginning balance	$ 3,301	$ 3,152	$ 3,267	$ 3,283
Charge-offs	(331)	(197)	(632)	(505)
Recoveries	178	203	346	393
Net charge-offs	(153)	6	(286)	(112)
Provision for credit losses	302	(32)	469	(45)
Other	0	0	0
Allowance, ending balance	3,450	3,126	3,450	3,126
Unfunded Loan Commitment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for credit losses	2		2
Consumer | Automotive
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance, beginning balance	2,763	2,809	2,769	2,902
Charge-offs	(277)	(183)	(553)	(467)
Recoveries	169	188	332	375
Net charge-offs	(108)	5	(221)	(92)
Provision for credit losses	230	(12)	337	(8)
Other	0	0	0
Allowance, ending balance	2,885	2,802	2,885	2,802
Consumer | Mortgage/Real Estate
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance, beginning balance	26	26	27	33
Charge-offs	(1)	(2)	(2)	(4)
Recoveries	5	3	8	6
Net charge-offs	4	1	6	2
Provision for credit losses	(3)	(4)	(6)	(11)
Other	(1)	1	(1)
Allowance, ending balance	26	24	26	24
Consumer | Other
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance, beginning balance	258	69	221	73
Charge-offs	(27)	(5)	(51)	(13)
Recoveries	3	1	4	1
Net charge-offs	(24)	(4)	(47)	(12)
Provision for credit losses	70	8	129	11
Other	(1)	(1)	0
Allowance, ending balance	303	72	303	72
Finance receivables, fair value	7	8	7	8	$ 7	$ 7	$ 8
Commercial
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance, beginning balance	254	248	250	275
Charge-offs	(26)	(7)	(26)	(21)
Recoveries	1	11	2	11
Net charge-offs	(25)	4	(24)	(10)
Provision for credit losses	5	(24)	9	(37)
Other	2	0	1
Allowance, ending balance	$ 236	$ 228	$ 236	$ 228

Finance Receivables and Loans_5

Finance Receivables and Loans, Net (Schedule of Sales of Financing Receivables and Loans) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total sales and transfers	$ 2	$ 84	$ 2	$ 413
Consumer | Mortgage/Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total sales and transfers	$ 2	$ 84	$ 2	$ 413

Finance Receivables and Loans_6

Finance Receivables and Loans, Net (Schedule of Purchases of Financing Receivables and Loans) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables and loans, significant purchases	$ 2,367	$ 2,471	$ 3,685	$ 3,236
Consumer | Automotive
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables and loans, significant purchases	1,558	727	2,051	1,304
Consumer | Mortgage/Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables and loans, significant purchases	808	1,744	1,633	1,932
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables and loans, significant purchases	$ 1	$ 0	$ 1	$ 0

Finance Receivables and Loans_7

Finance Receivables and Loans, Net (Schedule of Financing Receivables, Nonaccrual Status) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	$ 1,379		$ 1,379		$ 1,388	$ 1,436	$ 1,439	$ 1,522
Financing receivable, nonaccrual, with no allowance	559		559			568
Financing receivable, nonaccrual, interest income	3	$ 3	6	$ 5
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	1,160		1,160		1,167	1,179	1,270	1,361
Financing receivable, nonaccrual, with no allowance	475		475			485
Consumer | Automotive
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	1,073		1,073		1,072	1,078	1,173	1,256
Financing receivable, nonaccrual, with no allowance	421		421			423
Consumer | Mortgage/Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	64		64		75	85	95	102
Financing receivable, nonaccrual, with no allowance	54		54			62
Consumer | Mortgage Finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	42		42		51	59	63	67
Financing receivable, nonaccrual, with no allowance	33		33			39
Consumer | Mortgage - Legacy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	22		22		24	26	32	35
Financing receivable, nonaccrual, with no allowance	21		21			23
Consumer | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	23		23		20	16	2	3
Financing receivable, nonaccrual, with no allowance	0		0			0
Consumer | Personal Lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	5		5		6	5	2	3
Financing receivable, nonaccrual, with no allowance	0		0			0
Consumer | Credit card receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	18		18		14	11	0	0
Financing receivable, nonaccrual, with no allowance	0		0			0
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	219		219		221	257	169	161
Financing receivable, nonaccrual, with no allowance	84		84			83
Commercial | Automotive
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	4		4		3	33	17	40
Financing receivable, nonaccrual, with no allowance	4		4			32
Commercial | Mortgage/Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	1		1		1	3	2	5
Financing receivable, nonaccrual, with no allowance	1		1			3
Commercial | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded investment, nonaccrual status	214		214		$ 217	221	$ 150	$ 116
Financing receivable, nonaccrual, with no allowance	$ 79		$ 79			$ 48

Finance Receivables and Loans_8

Finance Receivables and Loans, Net (Financing Receivable Credit Quality Indicators Consumer) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Total finance receivables and loans	$ 128,457		$ 122,268
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Total finance receivables and loans	103,683		98,226
Consumer | Excludes fair value option elected other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	23,895		46,869
Year two, originated, fiscal year before current fiscal year	40,260		20,088
Year three, originated, two years before current fiscal year	15,899		13,015
Year four, originated, three years before current fiscal year	9,956		7,800
Year five, originated, four years before current fiscal year	5,642		4,661
Originated, more than five years before current fiscal year	6,562		4,562
Revolving loans	1,441		1,197
Revolving loans converted to term	21		27
Total finance receivables and loans	103,676		98,219
Consumer | Automotive
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	21,479		35,802
Year two, originated, fiscal year before current fiscal year	28,848		17,736
Year three, originated, two years before current fiscal year	13,797		12,010
Year four, originated, three years before current fiscal year	9,083		7,028
Year five, originated, four years before current fiscal year	5,010		3,610
Originated, more than five years before current fiscal year	3,474		2,066
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	81,691		78,252
Consumer | Mortgage/Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	1,576		10,227
Year two, originated, fiscal year before current fiscal year	10,829		2,215
Year three, originated, two years before current fiscal year	2,021		986
Year four, originated, three years before current fiscal year	864		767
Year five, originated, four years before current fiscal year	630		1,050
Originated, more than five years before current fiscal year	3,087		2,496
Revolving loans	217		244
Revolving loans converted to term	21		27
Total finance receivables and loans	19,245		18,012
Consumer | Mortgage Finance
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	1,576		10,227
Year two, originated, fiscal year before current fiscal year	10,829		2,215
Year three, originated, two years before current fiscal year	2,021		986
Year four, originated, three years before current fiscal year	864		767
Year five, originated, four years before current fiscal year	630		1,050
Originated, more than five years before current fiscal year	3,003		2,399
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	18,923		17,644
Consumer | Mortgage - Legacy
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	84		97
Revolving loans	217		244
Revolving loans converted to term	21		27
Total finance receivables and loans	322		368
Consumer | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total finance receivables and loans	2,747		1,962
Finance receivables, fair value	7	$ 7	7	$ 8	$ 8
Consumer | Other | Excludes fair value option elected other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	840		840
Year two, originated, fiscal year before current fiscal year	583		137
Year three, originated, two years before current fiscal year	81		19
Year four, originated, three years before current fiscal year	9		5
Year five, originated, four years before current fiscal year	2		1
Originated, more than five years before current fiscal year	1		0
Revolving loans	1,224		953
Revolving loans converted to term	0		0
Total finance receivables and loans	2,740		1,955
Consumer | Personal Lending
Financing Receivable, Credit Quality Indicator [Line Items]
Total finance receivables and loans	1,523		1,009
Consumer | Personal Lending | Excludes fair value option elected other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	840		840
Year two, originated, fiscal year before current fiscal year	583		137
Year three, originated, two years before current fiscal year	81		19
Year four, originated, three years before current fiscal year	9		5
Year five, originated, four years before current fiscal year	2		1
Originated, more than five years before current fiscal year	1		0
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	1,516		1,002
Consumer | Credit card receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	1,224		953
Revolving loans converted to term	0		0
Total finance receivables and loans	1,224		953
Current | Consumer | Automotive
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	21,265		35,222
Year two, originated, fiscal year before current fiscal year	27,856		17,218
Year three, originated, two years before current fiscal year	13,276		11,512
Year four, originated, three years before current fiscal year	8,651		6,692
Year five, originated, four years before current fiscal year	4,735		3,403
Originated, more than five years before current fiscal year	3,225		1,911
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	79,008		75,958
Current | Consumer | Mortgage Finance
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	1,565		10,169
Year two, originated, fiscal year before current fiscal year	10,777		2,212
Year three, originated, two years before current fiscal year	2,017		977
Year four, originated, three years before current fiscal year	854		744
Year five, originated, four years before current fiscal year	617		1,041
Originated, more than five years before current fiscal year	2,965		2,363
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	18,795		17,506
Current | Consumer | Mortgage - Legacy
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	68		79
Revolving loans	212		238
Revolving loans converted to term	19		23
Total finance receivables and loans	299		340
Current | Consumer | Personal Lending | Excludes fair value option elected other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	830		821
Year two, originated, fiscal year before current fiscal year	568		133
Year three, originated, two years before current fiscal year	79		18
Year four, originated, three years before current fiscal year	9		5
Year five, originated, four years before current fiscal year	2		1
Originated, more than five years before current fiscal year	1		0
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	1,489		978
Current | Consumer | Credit card receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	1,189		932
Revolving loans converted to term	0		0
Total finance receivables and loans	1,189		932
Financing receivables, 30 to 59 days past due | Consumer | Automotive
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	168		424
Year two, originated, fiscal year before current fiscal year	701		353
Year three, originated, two years before current fiscal year	355		334
Year four, originated, three years before current fiscal year	297		226
Year five, originated, four years before current fiscal year	188		139
Originated, more than five years before current fiscal year	166		101
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	1,875		1,577
Financing receivables, 30 to 59 days past due | Consumer | Mortgage Finance
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	10		50
Year two, originated, fiscal year before current fiscal year	49		3
Year three, originated, two years before current fiscal year	4		3
Year four, originated, three years before current fiscal year	5		7
Year five, originated, four years before current fiscal year	3		2
Originated, more than five years before current fiscal year	20		12
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	91		77
Financing receivables, 30 to 59 days past due | Consumer | Mortgage - Legacy
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	3		2
Revolving loans	1		1
Revolving loans converted to term	0		0
Total finance receivables and loans	4		3
Financing receivables, 30 to 59 days past due | Consumer | Personal Lending | Excludes fair value option elected other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	5		9
Year two, originated, fiscal year before current fiscal year	7		2
Year three, originated, two years before current fiscal year	1		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	13		11
Financing receivables, 30 to 59 days past due | Consumer | Credit card receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	11		6
Revolving loans converted to term	0		0
Total finance receivables and loans	11		6
Financing receivables, 60 to 89 days past due | Consumer | Automotive
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	36		115
Year two, originated, fiscal year before current fiscal year	215		114
Year three, originated, two years before current fiscal year	123		108
Year four, originated, three years before current fiscal year	95		70
Year five, originated, four years before current fiscal year	59		41
Originated, more than five years before current fiscal year	49		28
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	577		476
Financing receivables, 60 to 89 days past due | Consumer | Mortgage Finance
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		8
Year two, originated, fiscal year before current fiscal year	1		0
Year three, originated, two years before current fiscal year	0		1
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	2		0
Originated, more than five years before current fiscal year	3		5
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	6		14
Financing receivables, 60 to 89 days past due | Consumer | Mortgage - Legacy
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	1		1
Revolving loans	0		0
Revolving loans converted to term	0		1
Total finance receivables and loans	1		2
Financing receivables, 60 to 89 days past due | Consumer | Personal Lending | Excludes fair value option elected other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	3		6
Year two, originated, fiscal year before current fiscal year	5		1
Year three, originated, two years before current fiscal year	1		1
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	9		8
Financing receivables, 60 to 89 days past due | Consumer | Credit card receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	8		5
Revolving loans converted to term	0		0
Total finance receivables and loans	8		5
Financing receivables, 90 or more days past due | Consumer | Automotive
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	10		41
Year two, originated, fiscal year before current fiscal year	76		51
Year three, originated, two years before current fiscal year	43		56
Year four, originated, three years before current fiscal year	40		40
Year five, originated, four years before current fiscal year	28		27
Originated, more than five years before current fiscal year	34		26
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	231		241
Financing receivables, 90 or more days past due | Consumer | Mortgage Finance
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	1		0
Year two, originated, fiscal year before current fiscal year	2		0
Year three, originated, two years before current fiscal year	0		5
Year four, originated, three years before current fiscal year	5		16
Year five, originated, four years before current fiscal year	8		7
Originated, more than five years before current fiscal year	15		19
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	31		47
Financing receivables, 90 or more days past due | Consumer | Mortgage - Legacy
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	12		15
Revolving loans	4		5
Revolving loans converted to term	2		3
Total finance receivables and loans	18		23
Financing receivables, 90 or more days past due | Consumer | Personal Lending | Excludes fair value option elected other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	2		4
Year two, originated, fiscal year before current fiscal year	3		1
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	0		0
Revolving loans converted to term	0		0
Total finance receivables and loans	5		5
Financing receivables, 90 or more days past due | Consumer | Credit card receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0
Year two, originated, fiscal year before current fiscal year	0		0
Year three, originated, two years before current fiscal year	0		0
Year four, originated, three years before current fiscal year	0		0
Year five, originated, four years before current fiscal year	0		0
Originated, more than five years before current fiscal year	0		0
Revolving loans	16		10
Revolving loans converted to term	0		0
Total finance receivables and loans	$ 16		$ 10

Finance Receivables and Loans_9

Finance Receivables and Loans, Net (Financing Receivable Credit Quality Indicators Commercial) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Total finance receivables and loans	$ 128,457	$ 122,268
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	1,207	2,419
Year two, originated, fiscal year before current fiscal year	2,306	1,896
Year three, originated, two years before current fiscal year	1,785	1,586
Year four, originated, three years before current fiscal year	1,289	783
Year five, originated, four years before current fiscal year	673	663
Originated, more than five years before current fiscal year	1,414	1,052
Revolving loans	15,961	15,512
Revolving loans converted to term	139	131
Total finance receivables and loans	24,774	24,042
Automotive loan | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	191	354
Year two, originated, fiscal year before current fiscal year	291	192
Year three, originated, two years before current fiscal year	152	119
Year four, originated, three years before current fiscal year	93	65
Year five, originated, four years before current fiscal year	54	54
Originated, more than five years before current fiscal year	85	74
Revolving loans	11,308	11,371
Revolving loans converted to term	0	0
Total finance receivables and loans	12,174	12,229
Automotive loan | Pass | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	191	347
Year two, originated, fiscal year before current fiscal year	291	190
Year three, originated, two years before current fiscal year	151	112
Year four, originated, three years before current fiscal year	88	49
Year five, originated, four years before current fiscal year	42	23
Originated, more than five years before current fiscal year	60	56
Revolving loans	10,771	10,741
Revolving loans converted to term	0	0
Total finance receivables and loans	11,594	11,518
Automotive loan | Special Mention | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0	7
Year two, originated, fiscal year before current fiscal year	0	1
Year three, originated, two years before current fiscal year	0	7
Year four, originated, three years before current fiscal year	4	15
Year five, originated, four years before current fiscal year	12	31
Originated, more than five years before current fiscal year	25	18
Revolving loans	464	589
Revolving loans converted to term	0	0
Total finance receivables and loans	505	668
Automotive loan | Substandard | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0	0
Year two, originated, fiscal year before current fiscal year	0	1
Year three, originated, two years before current fiscal year	1	0
Year four, originated, three years before current fiscal year	1	1
Year five, originated, four years before current fiscal year	0	0
Originated, more than five years before current fiscal year	0	0
Revolving loans	73	41
Revolving loans converted to term	0	0
Total finance receivables and loans	75	43
Other | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	410	754
Year two, originated, fiscal year before current fiscal year	640	639
Year three, originated, two years before current fiscal year	626	565
Year four, originated, three years before current fiscal year	450	107
Year five, originated, four years before current fiscal year	109	249
Originated, more than five years before current fiscal year	477	299
Revolving loans	4,644	4,138
Revolving loans converted to term	130	123
Total finance receivables and loans	7,486	6,874
Other | Pass | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	410	739
Year two, originated, fiscal year before current fiscal year	603	448
Year three, originated, two years before current fiscal year	430	374
Year four, originated, three years before current fiscal year	268	86
Year five, originated, four years before current fiscal year	65	99
Originated, more than five years before current fiscal year	185	68
Revolving loans	4,338	4,032
Revolving loans converted to term	85	83
Total finance receivables and loans	6,384	5,929
Other | Special Mention | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0	15
Year two, originated, fiscal year before current fiscal year	37	169
Year three, originated, two years before current fiscal year	178	96
Year four, originated, three years before current fiscal year	66	21
Year five, originated, four years before current fiscal year	44	10
Originated, more than five years before current fiscal year	80	122
Revolving loans	243	93
Revolving loans converted to term	28	17
Total finance receivables and loans	676	543
Other | Substandard | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0	0
Year two, originated, fiscal year before current fiscal year	0	22
Year three, originated, two years before current fiscal year	18	95
Year four, originated, three years before current fiscal year	116	0
Year five, originated, four years before current fiscal year	0	140
Originated, more than five years before current fiscal year	156	83
Revolving loans	55	13
Revolving loans converted to term	15	23
Total finance receivables and loans	360	376
Other | Doubtful | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0	0
Year two, originated, fiscal year before current fiscal year	0	0
Year three, originated, two years before current fiscal year	0	0
Year four, originated, three years before current fiscal year	0	0
Year five, originated, four years before current fiscal year	0	0
Originated, more than five years before current fiscal year	56	26
Revolving loans	8	0
Revolving loans converted to term	2	0
Total finance receivables and loans	66	26
Commercial real estate | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	606	1,311
Year two, originated, fiscal year before current fiscal year	1,375	1,065
Year three, originated, two years before current fiscal year	1,007	902
Year four, originated, three years before current fiscal year	746	611
Year five, originated, four years before current fiscal year	510	360
Originated, more than five years before current fiscal year	852	679
Revolving loans	9	3
Revolving loans converted to term	9	8
Total finance receivables and loans	5,114	4,939
Commercial real estate | Pass | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	606	1,298
Year two, originated, fiscal year before current fiscal year	1,299	1,060
Year three, originated, two years before current fiscal year	1,005	873
Year four, originated, three years before current fiscal year	720	604
Year five, originated, four years before current fiscal year	510	342
Originated, more than five years before current fiscal year	826	653
Revolving loans	9	3
Revolving loans converted to term	9	8
Total finance receivables and loans	4,984	4,841
Commercial real estate | Special Mention | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0	13
Year two, originated, fiscal year before current fiscal year	76	5
Year three, originated, two years before current fiscal year	2	29
Year four, originated, three years before current fiscal year	26	7
Year five, originated, four years before current fiscal year	0	18
Originated, more than five years before current fiscal year	23	19
Revolving loans	0	0
Revolving loans converted to term	0	0
Total finance receivables and loans	127	91
Commercial real estate | Substandard | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0	0
Year two, originated, fiscal year before current fiscal year	0	0
Year three, originated, two years before current fiscal year	0	0
Year four, originated, three years before current fiscal year	0	0
Year five, originated, four years before current fiscal year	0	0
Originated, more than five years before current fiscal year	3	7
Revolving loans	0	0
Revolving loans converted to term	0	0
Total finance receivables and loans	$ 3	$ 7

Finance Receivables and Loan_10

Finance Receivables and Loans, Net (Past Due Financing Receivables and Loans Commercial) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	$ 128,457	$ 122,268
Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	24,774	24,042
Automotive loan | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	12,174	12,229
Other | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	7,486	6,874
Mortgage/Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	5,114	4,939
Total past due | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	2	1
Total past due | Automotive loan | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Total past due | Other | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	2	1
Total past due | Mortgage/Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 30 to 59 days past due | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 30 to 59 days past due | Automotive loan | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 30 to 59 days past due | Other | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 30 to 59 days past due | Mortgage/Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 60 to 89 days past due | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 60 to 89 days past due | Automotive loan | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 60 to 89 days past due | Other | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 60 to 89 days past due | Mortgage/Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 90 or more days past due | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	2	1
Financing receivables, 90 or more days past due | Automotive loan | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Financing receivables, 90 or more days past due | Other | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	2	1
Financing receivables, 90 or more days past due | Mortgage/Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	0	0
Current | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	24,772	24,041
Current | Automotive loan | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	12,174	12,229
Current | Other | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	7,484	6,873
Current | Mortgage/Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Total finance receivables and loans	$ 5,114	$ 4,939

Finance Receivables and Loan_11

Finance Receivables and Loans, Net (Troubled Debt Restructurings) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan	Dec. 31, 2021 USD ($)
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, gross carrying value	$ 2,600		$ 2,600		$ 2,400
Loans and leases receivable, impaired, commitment to lend	$ 43		$ 43		$ 18
Financing receivable, modifications, number of loans | loan	13,680	14,685	27,493	40,282
Financing receivable, modifications, pre-modification amortized cost basis	$ 593	$ 280	$ 865	$ 789
Financing receivable, modifications, post-modification amortized cost basis	$ 586	$ 277	$ 854	$ 780
Consumer
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	13,677	14,683	27,489	40,279
Financing receivable, modifications, pre-modification amortized cost basis	$ 216	$ 276	$ 454	$ 752
Financing receivable, modifications, post-modification amortized cost basis	$ 209	$ 273	$ 443	$ 743
Consumer | Automotive loan
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	12,928	14,670	26,379	40,260
Financing receivable, modifications, pre-modification amortized cost basis	$ 213	$ 271	$ 444	$ 743
Financing receivable, modifications, post-modification amortized cost basis	$ 206	$ 267	$ 433	$ 733
Consumer | Mortgage/Real Estate
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	6	13	16	19
Financing receivable, modifications, pre-modification amortized cost basis	$ 2	$ 5	$ 8	$ 9
Financing receivable, modifications, post-modification amortized cost basis	$ 2	$ 6	$ 8	$ 10
Consumer | Mortgage Finance
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	3	10	9	15
Financing receivable, modifications, pre-modification amortized cost basis	$ 2	$ 4	$ 7	$ 8
Financing receivable, modifications, post-modification amortized cost basis	$ 2	$ 5	$ 7	$ 9
Consumer | Mortgage - Legacy
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	3	3	7	4
Financing receivable, modifications, pre-modification amortized cost basis	$ 0	$ 1	$ 1	$ 1
Financing receivable, modifications, post-modification amortized cost basis	$ 0	$ 1	$ 1	$ 1
Consumer | Other
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	743	0	1,094	0
Financing receivable, modifications, pre-modification amortized cost basis	$ 1	$ 0	$ 2	$ 0
Financing receivable, modifications, post-modification amortized cost basis	$ 1	$ 0	$ 2	$ 0
Consumer | Credit card receivables
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	743	0	1,094	0
Financing receivable, modifications, pre-modification amortized cost basis	$ 1	$ 0	$ 2	$ 0
Financing receivable, modifications, post-modification amortized cost basis	$ 1	$ 0	$ 2	$ 0
Commercial
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	3	2	4	3
Financing receivable, modifications, pre-modification amortized cost basis	$ 377	$ 4	$ 411	$ 37
Financing receivable, modifications, post-modification amortized cost basis	$ 377	$ 4	$ 411	$ 37
Commercial | Automotive loan
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	0	1	0	1
Financing receivable, modifications, pre-modification amortized cost basis	$ 0	$ 1	$ 0	$ 1
Financing receivable, modifications, post-modification amortized cost basis	$ 0	$ 1	$ 0	$ 1
Commercial | Other
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	3	0	4	1
Financing receivable, modifications, pre-modification amortized cost basis	$ 377	$ 0	$ 411	$ 33
Financing receivable, modifications, post-modification amortized cost basis	$ 377	$ 0	$ 411	$ 33
Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring
Financing receivable, modifications, number of loans | loan	0	1	0	1
Financing receivable, modifications, pre-modification amortized cost basis	$ 0	$ 3	$ 0	$ 3
Financing receivable, modifications, post-modification amortized cost basis	$ 0	$ 3	$ 0	$ 3

Finance Receivables and Loan_12

Finance Receivables and Loans, Net (Finance Receivables and Loans Redefaulted During the Period) (Details) - Consumer $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan
Accounts, Notes, Loans and Financing Receivable
Number of loans | loan	2,218	1,754	4,331	4,570
Amortized cost	$ 35	$ 22	$ 68	$ 55
Charge-off amount	$ 14	$ 11	$ 27	$ 31
Automotive loan
Accounts, Notes, Loans and Financing Receivable
Number of loans | loan	2,138	1,751	4,249	4,565
Amortized cost	$ 35	$ 22	$ 66	$ 55
Charge-off amount	$ 14	$ 11	$ 27	$ 31
Mortgage/Real Estate
Accounts, Notes, Loans and Financing Receivable
Number of loans | loan	1	3	3	5
Amortized cost	$ 0	$ 0	$ 2	$ 0
Charge-off amount	$ 0	$ 0	$ 0	$ 0
Mortgage Finance
Accounts, Notes, Loans and Financing Receivable
Number of loans | loan	1	1	3	1
Amortized cost	$ 0	$ 0	$ 2	$ 0
Charge-off amount	$ 0	$ 0	$ 0	$ 0
Mortgage - Legacy
Accounts, Notes, Loans and Financing Receivable
Number of loans | loan	0	2	0	4
Amortized cost	$ 0	$ 0	$ 0	$ 0
Charge-off amount	$ 0	$ 0	$ 0	$ 0
Other
Accounts, Notes, Loans and Financing Receivable
Number of loans | loan	79	0	79	0
Amortized cost	$ 0	$ 0	$ 0	$ 0
Charge-off amount	$ 0	$ 0	$ 0	$ 0
Credit card receivables
Accounts, Notes, Loans and Financing Receivable
Number of loans | loan	79	0	79	0
Amortized cost	$ 0	$ 0	$ 0	$ 0
Charge-off amount	$ 0	$ 0	$ 0	$ 0

Leasing (Ally as the Lessee) (D

Leasing (Ally as the Lessee) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Noncancelable lease term			367 days
Lease extension, maximum			48 months
Cash paid for amounts included in the measurement of lease liabilities	$ 9	$ 16	$ 19	$ 29
Right-of-use asset obtained in exchange for operating lease liability			$ 21	$ 333
Operating lease, weighted-average remaining lease term	5 years		5 years		6 years
Operating lease, weighted average discount rate	2.24%		2.24%		1.96%
Undiscounted future lease payments	$ 13		$ 13
Term of contract	10 years		10 years
New fixed assets	$ 44		$ 44
Minimum
Lessee, Lease, Description [Line Items]
Operating lease remaining lease term	1 month		1 month
Option to terminate			5 years
Maximum
Lessee, Lease, Description [Line Items]
Operating lease remaining lease term	7 years		7 years
Option to terminate			6 years
Land and Building | Minimum
Lessee, Lease, Description [Line Items]
Option to extend	1 year		1 year
Land and Building | Maximum
Lessee, Lease, Description [Line Items]
Option to extend	15 years		15 years

Leasing (Lessee, Operating Leas

Leasing (Lessee, Operating Lease, Liability, Maturity) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
2022	$ 20
2023	31
2024	26
2025	21
2026	18
2027 and thereafter	29
Total undiscounted cash flows	145
Difference between undiscounted cash flows and discounted cash flows	(9)
Total lease liability	$ 136	$ 175

Leasing (Lease, Cost) (Details)

Leasing (Lease, Cost) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Operating lease expense	$ 9	$ 14	$ 17	$ 26
Variable lease expense	1	2	2	4
Total lease expense, net	$ 10	$ 16	$ 19	$ 30

Leasing (Ally as the Lessor) (D

Leasing (Ally as the Lessor) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Lessor, Lease, Description [Line Items]
Residual value guarantee, percentage	15%	15%
Vehicles	$ 12,173	$ 12,384
Accumulated depreciation	(1,657)	(1,522)
Investment in operating leases, net	$ 10,516	10,862
Minimum
Lessor, Lease, Description [Line Items]
Lessor, term of contract	24 months
Maximum
Lessor, Lease, Description [Line Items]
Lessor, term of contract	60 months
Vehicles
Lessor, Lease, Description [Line Items]
Residual value of leased asset	$ 88	$ 165

Leasing (Lessor, Operating Leas

Leasing (Lessor, Operating Lease, Payments to be Received, Maturity) (Details) $ in Millions	Jun. 30, 2022 USD ($)
Leases [Abstract]
2022	$ 824
2023	1,345
2024	732
2025	246
2026	33
2027 and thereafter	2
Total lease payments from operating leases	$ 3,182

Leasing (Depreciation Expense o

Leasing (Depreciation Expense on Operating Lease Assets) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Operating lease revenue	$ 396	$ 384	$ 799	$ 754
Depreciation expense on operating lease assets	269	210	536	437
Remarketing gains, net	(50)	(128)	(100)	(192)
Net depreciation expense on operating lease assets	219	82	436	245
Variable lease payments, excessive wear and tear	$ 2	$ 5	$ 4	$ 10

Leasing (Sales-type and Direct

Leasing (Sales-type and Direct Financing Leases, Lease Receivable, Maturity) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Leases [Abstract]
Direct financing lease, net investment in lease	$ 463		$ 463		$ 470
Direct financing lease, present value of lease payments recorded as lease receivable	450		450		457
Direct financing lease, unguaranteed residual asset	13		13		$ 13
Direct financing lease, interest income	7	$ 7	14	$ 13
2022	86		86
2023	146		146
2024	123		123
2025	77		77
2026	44		44
2027 and thereafter	23		23
Total undiscounted cash flows	499		499
Difference between undiscounted cash flows and discounted cash flows	(49)		(49)
Present value of lease payments recorded as lease receivable	$ 450		$ 450

Securitizations and Variable _3

Securitizations and Variable Interest Entities (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]
Sales of financial assets	$ 0	$ 0	$ 0	$ 0
Off-balance sheet variable interest entities | Consumer Automotive Industry Sector
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]
Net credit losses recognized	$ 0	$ 0	$ 0	$ 0

Securitizations and Variable _4

Securitizations and Variable Interest Entities (Schedule of Variable Interest Entities) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Variable Interest Entity [Line Items]
Carrying value of total assets	$ 185,703	$ 182,114	$ 180,470
Carrying value of total liabilities	171,719	165,064
Non-recourse debt	16,984	17,029
Other assets	8,882	8,057
On-balance sheet variable interest entities
Variable Interest Entity [Line Items]
Carrying value of total assets	8,007	7,509
Carrying value of total liabilities	1,502	1,339
Non-recourse debt	1,500	1,337
Other assets	546	563
On-balance sheet variable interest entities | Consumer | Automotive loan
Variable Interest Entity [Line Items]
Carrying value of total assets	18,613	18,158
Carrying value of total liabilities	1,622	1,162
Assets sold to nonconsolidated VIEs	0	0
Maximum exposure to loss in nonconsolidated VIEs	0	0
Assets held-in-trust	10,600	11,000
On-balance sheet variable interest entities | Consumer | Automotive loan | Nonrecourse
Variable Interest Entity [Line Items]
Non-recourse debt	120	124
On-balance sheet variable interest entities | Consumer | Other
Variable Interest Entity [Line Items]
Carrying value of total assets		318
Carrying value of total liabilities		300
Assets sold to nonconsolidated VIEs		0
Maximum exposure to loss in nonconsolidated VIEs		0
Off-balance sheet variable interest entities
Variable Interest Entity [Line Items]
Carrying value of total assets	20,668	20,290
Carrying value of total liabilities	2,462	2,188
Assets sold to nonconsolidated VIEs	42	0
Maximum exposure to loss in nonconsolidated VIEs	2,619	2,416
Off-balance sheet variable interest entities | Consumer | Automotive loan
Variable Interest Entity [Line Items]
Carrying value of total assets	0
Carrying value of total liabilities	0
Assets sold to nonconsolidated VIEs	2
Maximum exposure to loss in nonconsolidated VIEs	2
Off-balance sheet variable interest entities | Consumer | Other
Variable Interest Entity [Line Items]
Carrying value of total assets	0
Carrying value of total liabilities	0
Assets sold to nonconsolidated VIEs	40
Maximum exposure to loss in nonconsolidated VIEs	40
Off-balance sheet variable interest entities | Commercial | Other
Variable Interest Entity [Line Items]
Carrying value of total assets	2,055	1,814
Carrying value of total liabilities	840	726
Assets sold to nonconsolidated VIEs	0	0
Maximum exposure to loss in nonconsolidated VIEs	2,577	2,416
Other assets	$ 1	$ 8

Securitizations and Variable _5

Securitizations and Variable Interest Entities (Schedule of Cash Flows with Nonconsolidated Special-Purpose Entities) (Details) - Off-balance sheet variable interest entities - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash Flow Received and Paid to Nonconsolidated Securitization Entities [Line Items]
Total	$ 51	$ 0
Consumer Automotive Industry Sector
Cash Flow Received and Paid to Nonconsolidated Securitization Entities [Line Items]
Cash proceeds from transfers completed during the period	2	0
Consumer Other Portfolio Sector
Cash Flow Received and Paid to Nonconsolidated Securitization Entities [Line Items]
Cash proceeds from transfers completed during the period	45	0
Servicing fees	$ 4	$ 0

Securitizations and Variable _6

Securitizations and Variable Interest Entities (Schedule of Quantitative Information and Net Credit Losses about Securitized and Other Financial Assets Managed Together) (Details) - Whole-loan sales - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]
Total amount	$ 42	$ 4
Amount 60 days or more past due	1	0
Consumer Automotive Industry Sector
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]
Total amount	2	0
Amount 60 days or more past due	0	0
Consumer Other Portfolio Sector
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]
Total amount	40	4
Amount 60 days or more past due	$ 1	$ 0

Other Assets (Schedule of Other

Other Assets (Schedule of Other Assets) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Assets [Abstract]
Property and equipment at cost	$ 2,278	$ 2,139
Accumulated depreciation	(1,021)	(955)
Net property and equipment	1,257	1,184
Investment in qualified affordable housing projects	1,519	1,378
Nonmarketable equity investments	1,251	998
Net deferred tax assets	908	254
Goodwill	822	822	$ 343
Accrued interest, fees, and rent receivables	646	600
Equity-method investments	583	472
Restricted cash held for securitization trusts	497	516
Other accounts receivable	144	127
Net intangible assets	112	129
Operating lease right-of-use assets	112	148
Restricted cash and cash equivalents	95	92
Other assets	936	1,337
Total other assets	$ 8,882	$ 8,057
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Total other assets	Total other assets

Other Assets (Summary of Equity

Other Assets (Summary of Equity Securities without Readily Determinable Fair Value) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Other Assets [Abstract]
FHLB stock	$ 548,000,000		$ 548,000,000		$ 289,000,000
FRB stock	449,000,000		449,000,000		449,000,000
Equity securities without a readily determinable fair value
Cost basis at acquisition	84,000,000		84,000,000		89,000,000
Upward adjustments	177,000,000		177,000,000		183,000,000
Downward adjustments (including impairment)	(7,000,000)		(7,000,000)		(12,000,000)
Carrying amount, equity securities without a readily determinable fair value	254,000,000		254,000,000		260,000,000
Nonmarketable equity investments	1,251,000,000		1,251,000,000		$ 998,000,000
Upward adjustments	0	$ 81,000,000	1,000,000	$ 81,000,000
Downward adjustments (including impairment)	0	(1,000,000)	(3,000,000)	(1,000,000)
Impairment of FHLB and FRB stock	0	0	0	0
Gain on nonmarketable equity investments, net	$ 3,000,000	$ 99,000,000	$ 2,000,000	$ 103,000,000

Other Assets (Schedule of Goodw

Other Assets (Schedule of Goodwill) (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Goodwill beginning balance	$ 822	$ 343
Goodwill acquired	0	479
Goodwill ending balance	822	822
Operating Segments | Automotive Finance operations
Goodwill [Roll Forward]
Goodwill beginning balance	20	20
Goodwill acquired	0	0
Goodwill ending balance	20	20
Operating Segments | Insurance operations
Goodwill [Roll Forward]
Goodwill beginning balance	27	27
Goodwill acquired	0	0
Goodwill ending balance	27	27
Corporate and Other
Goodwill [Roll Forward]
Goodwill beginning balance	775	296
Goodwill acquired	0	479
Goodwill ending balance	775	775
Ally Credit Card
Goodwill [Roll Forward]
Goodwill beginning balance	479
Goodwill ending balance	479	479
Ally Lending | Corporate and Other
Goodwill [Roll Forward]
Goodwill beginning balance	153
Goodwill ending balance	153	153
Ally Invest | Corporate and Other
Goodwill [Roll Forward]
Goodwill beginning balance	143
Goodwill ending balance	$ 143	$ 143

Other Assets (Intangible Assets

Other Assets (Intangible Assets) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	$ (95)	$ (78)
Total intangible assets, gross	207	207
Net intangible assets	112	129
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2022	15
2023	25
2024	18
2025	14
2026	14
Technology
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	122	122
Accumulated amortization	(45)	(36)
Net carrying value	77	86
Customer lists
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	58	58
Accumulated amortization	(47)	(42)
Net carrying value	11	16
Purchased credit card relationships
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	25	25
Accumulated amortization	(2)	0
Net carrying value	23	25
Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	2	2
Accumulated amortization	(1)	0
Net carrying value	$ 1	$ 2

Deposit Liabilities (Schedule o

Deposit Liabilities (Schedule of Deposit Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Deposits [Abstract]
Noninterest-bearing deposits	$ 185	$ 150
Interest-bearing deposits
Savings, money market, and checking accounts	103,587	102,455
Certificates of deposit	36,629	38,953
Total deposit liabilities	140,401	141,558
Certificates of deposit, in excess of $250,000 federal insurance limits	$ 6,100	$ 7,200

Debt (Schedule of Short-term De

Debt (Schedule of Short-term Debt) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Federal Home Loan Bank	$ 6,775	$ 0
Other	1,000	0
Total short-term borrowings	7,775	0
Unsecured debt
Short-term Debt [Line Items]
Federal Home Loan Bank	0	0
Other	0	0
Total short-term borrowings	0	0
Secured debt
Short-term Debt [Line Items]
Federal Home Loan Bank	6,775	0
Other	1,000	0
Total short-term borrowings	$ 7,775	$ 0

Debt (Long-term Debt) (Details)

Debt (Long-term Debt) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt, due within one year	$ 3,574	$ 5,869
Long-term debt, due after one year	13,410	11,160
Long-term debt	16,984	17,029
Secured debt	15,584	7,619
Unsecured debt
Debt Instrument [Line Items]
Long-term debt, due within one year	798	1,028
Long-term debt, due after one year	8,377	8,382
Long-term debt	9,175	9,410
Secured debt
Debt Instrument [Line Items]
Long-term debt, due within one year	2,776	4,841
Long-term debt, due after one year	5,033	2,778
Long-term debt	7,809	7,619
Federal Home Loan Bank advances
Debt Instrument [Line Items]
Secured debt	$ 6,300	$ 6,300

Debt (Scheduled Remaining Matur

Debt (Scheduled Remaining Maturity of Long-term Debt) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt, maturities, repayments of principal in next 12 months	$ 2,071
Long-term debt, maturities, repayments of principal in year two	4,025
Long-term debt, maturities, repayments of principal in year three	3,836
Long-term debt, maturities, repayments of principal in year four	3,211
Long-term debt, maturities, repayments of principal in year five	285
Long-term debt, maturities, repayments of principal after year five	3,556
Total long-term debt	16,984	$ 17,029
Unsecured debt
Debt Instrument [Line Items]
Long-term debt, maturities, repayments of principal in next 12 months	4
Long-term debt, maturities, repayments of principal in year two	2,023
Long-term debt, maturities, repayments of principal in year three	1,413
Long-term debt, maturities, repayments of principal in year four	2,319
Long-term debt, maturities, repayments of principal in year five	(55)
Long-term debt, maturities, repayments of principal after year five	3,471
Total long-term debt	9,175	9,410
Secured debt
Debt Instrument [Line Items]
Total long-term debt	7,809	$ 7,619
Long-term debt | Unsecured debt
Debt Instrument [Line Items]
Long-term debt, maturities, repayments of principal in next 12 months	31
Long-term debt, maturities, repayments of principal in year two	2,082
Long-term debt, maturities, repayments of principal in year three	1,479
Long-term debt, maturities, repayments of principal in year four	2,391
Long-term debt, maturities, repayments of principal in year five	25
Long-term debt, maturities, repayments of principal after year five	4,068
Total long-term debt	10,076
Long-term debt | Secured debt
Debt Instrument [Line Items]
Long-term debt, maturities, repayments of principal in next 12 months	2,067
Long-term debt, maturities, repayments of principal in year two	2,002
Long-term debt, maturities, repayments of principal in year three	2,423
Long-term debt, maturities, repayments of principal in year four	892
Long-term debt, maturities, repayments of principal in year five	340
Long-term debt, maturities, repayments of principal after year five	85
Total long-term debt	7,809
Original issue discount | Unsecured debt
Debt Instrument [Line Items]
Debt instrument, unamortized discount	(901)
Original issue discount | Unsecured debt | 2022
Debt Instrument [Line Items]
Debt instrument, unamortized discount, current	(27)
Original issue discount | Unsecured debt | 2023
Debt Instrument [Line Items]
Debt instrument, unamortized discount, noncurrent	(59)
Original issue discount | Unsecured debt | 2024
Debt Instrument [Line Items]
Debt instrument, unamortized discount, noncurrent	(66)
Original issue discount | Unsecured debt | 2025
Debt Instrument [Line Items]
Debt instrument, unamortized discount, noncurrent	(72)
Original issue discount | Unsecured debt | 2026
Debt Instrument [Line Items]
Debt instrument, unamortized discount, noncurrent	(80)
Original issue discount | Unsecured debt | 2027 and thereafter
Debt Instrument [Line Items]
Debt instrument, unamortized discount, noncurrent	$ (597)

Debt (Pledged Assets Related to

Debt (Pledged Assets Related to Secured Borrowings and Repurchase Agreement) (Details) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, mortgage finance receivables	[1]	$ 31,743	$ 33,587
Pledged assets, finance receivables		125,007	119,001
Pledged assets, restricted as collateral		37,556	27,420
Secured debt		15,584	7,619
Short-term borrowings		7,775	0
Consumer | Collateralized Mortgage Backed Securities
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, mortgage finance receivables		19,210	17,941
Consumer | Automotive loan
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		9,960	9,122
Consumer | Investment securities
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		3,386	0
Consumer | Credit card receivables
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		0	347
Commercial
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		5,000	10
Ally Bank
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, restricted as collateral		37,556	27,420
Secured debt		15,584	7,619
Ally Bank | Pledged assets for Federal Home Loan Bank
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, restricted as collateral		26,600	18,000
Ally Bank | Pledged assets for Federal Reserve Bank
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, restricted as collateral		2,400	2,400
Ally Bank | Consumer | Collateralized Mortgage Backed Securities
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, mortgage finance receivables		19,210	17,941
Ally Bank | Consumer | Automotive loan
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		9,960	9,122
Ally Bank | Consumer | Investment securities
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		3,386	0
Ally Bank | Consumer | Credit card receivables
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		0	347
Ally Bank | Commercial
Pledged Assets related to secured borrowings [Line Items]
Pledged assets, finance receivables		$ 5,000	$ 10
[1]Refer to Note 7 for discussion of investment securities pledged as collateral.

Accrued Expenses and Other Li_3

Accrued Expenses and Other Liabilities (Schedule of Accrued Expenses and Other Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Accounts Payable and Accrued Liabilities [Abstract]
Unfunded commitments for investment in qualified affordable housing projects	$ 836	$ 724
Accounts payable	534	584
Employee compensation and benefits	341	512
Deferred revenue	174	176
Operating lease liabilities	136	175
Reserves for insurance losses and loss adjustment expenses	131	122	$ 126	$ 129
Other liabilities	647	460
Total accrued expenses and other liabilities	$ 2,799	$ 2,753
Operating lease, liability, statement of financial position [Extensible Enumeration]	Total accrued expenses and other liabilities	Total accrued expenses and other liabilities

Preferred Stock (Details)

Preferred Stock (Details) - $ / shares			1 Months Ended		6 Months Ended
	May 15, 2028	May 15, 2026	Jun. 30, 2021	Apr. 30, 2021	Jun. 30, 2022
Series B Preferred Stock
Class of Stock [Line Items]
Number of shares issued				1,350,000	1,350,000
Dividend/coupon rate				4.70%
Par value (in dollars per share)				$ 0.01	$ 0.01
Liquidation preference (in dollars per share)				$ 1,000	$ 1,000
Series B Preferred Stock, On And After May 15, 2026 | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend/coupon rate					3.868%
Series B Preferred Stock, On And After May 15, 2026 | US Treasury (UST) Interest Rate | Subsequent event
Class of Stock [Line Items]
Dividend/coupon rate		3.868%
Series C Preferred Stock
Class of Stock [Line Items]
Number of shares issued			1,000,000		1,000,000
Dividend/coupon rate			4.70%
Par value (in dollars per share)			$ 0.01		$ 0.01
Liquidation preference (in dollars per share)			$ 1,000		$ 1,000
Series C Preferred Stock, On And After May 15, 2028 | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend/coupon rate					3.481%
Series C Preferred Stock, On And After May 15, 2028 | US Treasury (UST) Interest Rate | Subsequent event
Class of Stock [Line Items]
Dividend/coupon rate	3.481%

Preferred Stock (Schedule of Pr

Preferred Stock (Schedule of Preferred Stock) (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended		6 Months Ended
	Jun. 30, 2021	Apr. 30, 2021	Jun. 30, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Carrying value			$ 2,324	$ 2,324
Series B Preferred Stock
Class of Stock [Line Items]
Carrying value			$ 1,335
Par value (in dollars per share)		$ 0.01	$ 0.01
Liquidation preference (in dollars per share)		$ 1,000	$ 1,000
Number of shares authorized			1,350,000
Number of shares issued		1,350,000	1,350,000
Number of shares outstanding			1,350,000
Dividend/coupon rate		4.70%
Series B Preferred Stock, Prior To May 15, 2026
Class of Stock [Line Items]
Dividend/coupon rate			4.70%
Series B Preferred Stock, On And After May 15, 2026 | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend/coupon rate			3.868%
Series C Preferred Stock
Class of Stock [Line Items]
Carrying value			$ 989
Par value (in dollars per share)	$ 0.01		$ 0.01
Liquidation preference (in dollars per share)	$ 1,000		$ 1,000
Number of shares authorized			1,000,000
Number of shares issued	1,000,000		1,000,000
Number of shares outstanding			1,000,000
Dividend/coupon rate	4.70%
Series C Preferred Stock, Prior To May 15, 2028
Class of Stock [Line Items]
Dividend/coupon rate			4.70%
Series C Preferred Stock, On And After May 15, 2028 | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend/coupon rate			3.481%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Schedule of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 15,413	$ 14,625	$ 17,050	$ 14,703
Net change	(1,218)	189	(2,851)	(415)
Ending balance	13,984	17,530	13,984	17,530
Accumulated other comprehensive income (loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(1,791)	27	(158)	631
Ending balance	(3,009)	216	(3,009)	216
Unrealized gains on investment securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(1,726)	53	(95)	640
Net change	(1,214)	206	(2,845)	(381)
Ending balance	(2,940)	259	(2,940)	259
Translation adjustments and net investment hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	20	20	19	19
Net change	(1)	0	0	1
Ending balance	19	20	19	20
Cash flow hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	30	65	35	82
Net change	(3)	(17)	(8)	(34)
Ending balance	27	48	27	48
Defined benefit pension plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(115)	(111)	(117)	(110)
Net change	0	0	2	(1)
Ending balance	$ (115)	$ (111)	$ (115)	$ (111)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss (Reclassification Out of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss), before tax	$ (1,597)	$ 247	$ (3,739)	$ (543)
Other comprehensive income (loss), tax effect	379	(58)	888	128
Other comprehensive income (loss), net of tax	(1,218)	189	(2,851)	(415)
Investment securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net unrealized gains (losses) arising during the period, before tax	(1,588)	276	(3,708)	(460)
Net unrealized gains (losses) arising during the period, tax	376	(65)	879	109
Net unrealized gains (losses) arising during the period, net of tax	(1,212)	211	(2,829)	(351)
Net realized gains reclassified to income from continuing operations, before tax	3	6	21	38
Net realized gains reclassified to income from continuing operations, tax	(1)	(1)	(5)	(8)
Net realized gains reclassified to income from continuing operations, net of tax	2	5	16	30
Other comprehensive income (loss), before tax	(1,591)	270	(3,729)	(498)
Other comprehensive income (loss), tax effect	377	(64)	884	117
Other comprehensive income (loss), net of tax	(1,214)	206	(2,845)	(381)
Translation adjustments and net investment hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss), before tax	(5)	2	(2)	5
Other comprehensive income (loss), tax effect	1	0	1	(1)
Other comprehensive income (loss), net of tax	(4)	2	(1)	4
Net investment hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss), before tax	4	(3)	1	(5)
Other comprehensive income (loss), tax effect	(1)	1	0	2
Other comprehensive income (loss), net of tax	3	(2)	1	(3)
Cash flow hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net realized gains reclassified to income from continuing operations, before tax	5	22	11	43
Net realized gains reclassified to income from continuing operations, tax	(2)	(5)	(3)	(9)
Net realized gains reclassified to income from continuing operations, net of tax	$ 3	$ 17	8	34
Defined benefit pension plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss), before tax			2	(2)
Other comprehensive income (loss), tax effect			0	1
Other comprehensive income (loss), net of tax			$ 2	$ (1)

Earnings per Common Share (Sche

Earnings per Common Share (Schedule of Basic and Diluted Earnings per Common Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2022		Jun. 30, 2021	Jun. 30, 2022		Jun. 30, 2021
Class of Stock [Line Items]
Net income from continuing operations		$ 482	[1]	$ 899	$ 1,137	[1]	$ 1,695	[1]
Net income from continuing operations attributable to common stockholders	[1]	454		899	1,081		1,695
Income from discontinued operations, net of tax	[1]	0		1	0		1
Net income attributable to common stockholders	[1]	$ 454		$ 900	$ 1,081		$ 1,696
Basic weighted-average common shares outstanding	[1],[2]	322,057		370,412	328,830		372,807
Diluted weighted-average common shares outstanding	[1],[2]	324,027		373,029	330,882		375,265
Basic earnings per common share
Net income from continuing operations (in dollars per share)	[1]	$ 1.41		$ 2.43	$ 3.29		$ 4.55
Net income (in dollars per share)	[1]	1.41		2.43	3.29		4.55
Diluted earnings per common share
Net income from continuing operations (in dollars per share)	[1]	1.40		2.41	3.27		4.52
Net income (in dollars per share)	[1]	$ 1.40		$ 2.41	$ 3.27		$ 4.52
Series B Preferred Stock
Class of Stock [Line Items]
Preferred stock dividends	[1]	$ (16)		$ 0	$ (32)		$ 0
Series C Preferred Stock
Class of Stock [Line Items]
Preferred stock dividends	[1]	$ (12)		$ 0	$ (24)		$ 0
[1]Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.[2]Includes shares related to share-based compensation that vested but were not yet issued.

Regulatory Capital and Other _3

Regulatory Capital and Other Regulatory Matters (Schedule of Regulatory Capital Amount and Ratios) (Details) $ in Millions	Oct. 01, 2022	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2021
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
BHC enhanced prudential standards, minimum		$ 100,000
BHC enhanced prudential standards, maximum		250,000
Average wSTWF exemption threshold		$ 50,000
Minimum capital conservation buffer		0.025
Brokered deposits		$ 7,000
Percentage of interest-bearing domestic deposits to deposits, brokered		5%
Accounting Standards Update 2016-13
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Phase-in of capital impact of Accounting Standards Update 2016-13		25%
CECL scaling factor		25%
Deferred reduction to Common Equity Tier 1 Capital from CECL		$ 887
Ally Financial Inc
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity tier one capital ratio		0.0962	0.1034
Minimum capital conservation buffer		0.035	0.035	0.035
Common equity tier one capital		$ 14,650	$ 15,143
Tier one capital to risk-weighted assets, amount		$ 16,925	$ 17,403
Tier one capital to risk-weighted assets, ratio		0.1111	0.1189
Tier one capital to risk-weighted assets, well-capitalized minimum		0.0600
Capital to risk-weighted assets, amount		$ 19,409	$ 19,724
Capital to risk-weighted assets, ratio		0.1275	0.1347
Capital to risk weighted assets, well-capitalzed minimum		0.1000
Tier one leverage to adjusted quarterly average assets, amount		$ 16,925	$ 17,403
Tier one leverage to adjusted quarterly average assets, ratio		0.0910	0.0967
Ally Financial Inc | Forecast
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum capital conservation buffer	0.025
Ally Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity tier one capital ratio		0.1198	0.1239
Minimum capital conservation buffer		0.025	0.025
Common equity tier one capital		$ 17,349	$ 17,253
Common equity tier one capital, well capitalized minimum		0.0650
Tier one capital to risk-weighted assets, amount		$ 17,349	$ 17,253
Tier one capital to risk-weighted assets, ratio		0.1198	0.1239
Tier one capital to risk-weighted assets, well-capitalized minimum		0.0800
Capital to risk-weighted assets, amount		$ 19,166	$ 18,995
Capital to risk-weighted assets, ratio		0.1324	0.1364
Capital to risk weighted assets, well-capitalzed minimum		0.1000
Tier one leverage to adjusted quarterly average assets, amount		$ 17,349	$ 17,253
Tier one leverage to adjusted quarterly average assets, ratio		0.0983	0.1012
Tier one leverage to adjusted quarterly average assets, well-capitalized minimum		0.0500
Minimum
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity tier one capital ratio		0.045
Tier one capital to risk-weighted assets, required minimum		0.06
Capital to risk-weighted assets, required minimum		0.08
Tier one leverage ratio, minimum		0.04
Minimum | Ally Financial Inc
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity tier one capital ratio		0.0450
Tier one capital to risk-weighted assets, required minimum		0.0600
Capital to risk-weighted assets, required minimum		0.0800
Tier one leverage ratio, minimum		0.0400
Minimum | Ally Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity tier one capital ratio		0.0450
Tier one capital to risk-weighted assets, required minimum		0.0600
Capital to risk-weighted assets, required minimum		0.0800
Tier one leverage ratio, minimum		0.0400

Regulatory Capital and Other _4

Regulatory Capital and Other Regulatory Matters (Common Share Repurchases) (Details) - USD ($)		3 Months Ended						6 Months Ended
	Jul. 14, 2022	Jun. 30, 2022		Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021		Jun. 30, 2022		Jun. 30, 2021		Jan. 10, 2022	Sep. 30, 2021	Jul. 12, 2021	Mar. 31, 2021	Jan. 11, 2021	Dec. 31, 2020
Accelerated Share Repurchases [Line Items]
Cash dividends declared per common share (in dollars per share)		$ 0.30	[1]		$ 0.25	$ 0.19	[1]	$ 0.60	[1]	$ 0.38	[1]
Treasury stock, common, amount		$ 600,000,000		$ 584,000,000	$ 594,000,000	$ 502,000,000		$ 600,000,000		$ 502,000,000			$ 679,000,000		$ 219,000,000
Treasury stock, common, shares (in shares)		15,031,000		12,548,000	12,046,000	9,641,000		15,031,000		9,641,000			13,055,000		5,276,000
Common stock, shares outstanding (in shares)		312,781,366		327,306,000	337,940,636	362,639,000		312,781,366		362,639,000			349,599,000		371,805,000		374,674,000
Dividends declared (in dollars per share)		$ 0.30		$ 0.30	$ 0.25	$ 0.19		$ 0.30		$ 0.19			$ 0.25		$ 0.19
Common stock
Accelerated Share Repurchases [Line Items]
Stock repurchase program, authorized amount												$ 2,000,000,000		$ 2,000,000,000		$ 1,600,000,000
Cash dividends declared per common share (in dollars per share)				$ 0.30
Common stock | Subsequent event
Accelerated Share Repurchases [Line Items]
Cash dividends declared per common share (in dollars per share)	$ 0.30
Dividends payable, date declared	Jul. 14, 2022
Dividends payable, date to be paid	Aug. 15, 2022
Dividends payable, date of record	Aug. 01, 2022
Series B Preferred Stock
Accelerated Share Repurchases [Line Items]
Gross proceeds from issuance of series preferred stock						$ 1,350,000,000
Series C Preferred Stock
Accelerated Share Repurchases [Line Items]
Gross proceeds from issuance of series preferred stock						$ 1,000,000,000
[1]Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Cash collateral placed with counterparties	$ 3	$ 2
Noncash collateral placed with counterparties	304	203
Cash collateral received from counterparties	$ 56	$ 4

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Fair Value Amounts of Derivative Instruments Reported on our Condensed Consolidated Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	$ 4	$ 7
Fair value of derivative contracts in payable position	55	62
Derivative, notional amount	25,528	18,169
Credit derivative, maximum exposure, undiscounted	102	119
Designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	0	0
Fair value of derivative contracts in payable position	1	2
Derivative, notional amount	24,931	17,210
Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	4	7
Fair value of derivative contracts in payable position	54	60
Derivative, notional amount	597	959
Interest rate contracts | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	3	6
Fair value of derivative contracts in payable position	4	2
Derivative, notional amount	441	803
Interest rate swaps | Designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	0	0
Fair value of derivative contracts in payable position	0	0
Derivative, notional amount	24,780	17,039
Interest rate futures and forwards | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	1	1
Fair value of derivative contracts in payable position	0	0
Derivative, notional amount	168	223
Interest rate written options | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	2	5
Fair value of derivative contracts in payable position	4	2
Derivative, notional amount	273	580
Foreign exchange contracts | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	0	0
Fair value of derivative contracts in payable position	2	1
Derivative, notional amount	156	154
Foreign exchange forwards | Designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	0	0
Fair value of derivative contracts in payable position	1	2
Derivative, notional amount	151	171
Foreign exchange futures and forwards | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	0	0
Fair value of derivative contracts in payable position	2	1
Derivative, notional amount	156	154
Other credit derivatives | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	0	0
Fair value of derivative contracts in payable position	48	56
Equity contracts | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	1	1
Fair value of derivative contracts in payable position	0	1
Derivative, notional amount	0	2
Equity contract written options | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	0	0
Fair value of derivative contracts in payable position	0	1
Derivative, notional amount	0	2
Purchased Options | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Fair value of derivative contracts in receivable position	1	1
Fair value of derivative contracts in payable position	0	0
Derivative, notional amount	$ 0	$ 0

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities (Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Available-for-sale securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged asset, fair value hedge	$ 5,499	$ 5,119
Hedged asset, fair value hedge, cumulative increase (decrease)	(98)	(14)
Closed portfolio and beneficial interest, last-of-layer, amortized cost	3,800	3,900
Hedge basis adjustment, last-of-layer increase (decrease)	(80)	(6)
Hedged asset, last-of-layer, amount	2,700	1,200
Available-for-sale securities | Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge basis adjustment, last-of-layer increase (decrease)	21	14
Finance receivables and loans, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged asset, fair value hedge	46,152	44,098
Hedged asset, fair value hedge, cumulative increase (decrease)	(501)	(37)
Hedge basis adjustment, last-of-layer increase (decrease)	(501)	(37)
Hedged asset, last-of-layer, amount	20,300	15,600
Finance receivables and loans, net | Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge basis adjustment, last-of-layer increase (decrease)	(419)	(82)
Long-term debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged liability, fair value hedge	6,672	7,213
Hedged liability, fair value hedge, cumulative increase (decrease)	106	110
Discontinued hedge | Available-for-sale securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged asset, discontinued fair value hedge, cumulative increase (decrease)	(127)	(30)
Hedge basis adjustment, last-of-layer increase (decrease)	(101)	(20)
Discontinued hedge | Finance receivables and loans, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged asset, discontinued fair value hedge, cumulative increase (decrease)	(83)	46
Hedge basis adjustment, last-of-layer increase (decrease)	83	46
Discontinued hedge | Long-term debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged liability, discontinued fair value hedge, cumulative increase (decrease)	$ 110	$ 110

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities (Statement of Gains and Losses on Derivative Instruments Reported in Statement of Comprehensive Income) (Details) - Not designated as hedging instrument - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	$ 10	$ (8)	$ 7	$ (25)
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	6	1	7	(6)
Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	5	(2)	2	(4)
Other credit derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	(1)	(7)	(2)	(15)
Gain (loss) on mortgage and automotive loans, net | Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	3	(1)	1	(8)
Other income, net of losses | Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	3	2	6	2
Other income, net of losses | Other credit derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	(1)	(7)	(2)	(15)
Other operating expenses | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments recognized in earnings	$ 5	$ (2)	$ 2	$ (4)

Derivative Instruments and He_7

Derivative Instruments and Hedging Activities (Derivative Instruments Designated as Fair Value Hedges, Gain (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Interest and fees on finance receivables and loans	$ 1,842	$ 1,588	$ 3,556	$ 3,170
Interest and dividends on investment securities and other earning assets	203	147	391	278
Interest on deposits	263	268	474	574
Interest on long-term debt	184	230	369	480
Earnings on cash flow hedges to be recognized within twelve months			20
Designated as hedging instrument | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Total gain on fair value hedging relationships	0	0	0	0
Total gain (loss) on cash flow hedging relationships	5	22	11	44
Designated as hedging instrument | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Total gain on fair value hedging relationships	0	0	0	0
Total gain (loss) on cash flow hedging relationships	0	0	0	0
Designated as hedging instrument | Interest on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Total gain on fair value hedging relationships	0	0	0	0
Total gain (loss) on cash flow hedging relationships	0	0	0	(1)
Designated as hedging instrument | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Total gain on fair value hedging relationships	0	0	0	0
Total gain (loss) on cash flow hedging relationships	0	0	0	0
Designated as hedging instrument | Unsecured debt | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Unsecured debt | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Unsecured debt | Interest on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Unsecured debt | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	6	(66)	4	73
Change in unrealized gain (loss) on fair value hedging instruments	(6)	66	(4)	(73)
Designated as hedging instrument | Available-for-sale securities | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Available-for-sale securities | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	(47)	(4)	(89)	(17)
Change in unrealized gain (loss) on fair value hedging instruments	47	4	89	17
Designated as hedging instrument | Available-for-sale securities | Interest on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Available-for-sale securities | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Fixed-rate automotive loans | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	(149)	(38)	(453)	(77)
Change in unrealized gain (loss) on fair value hedging instruments	149	38	453	77
Designated as hedging instrument | Fixed-rate automotive loans | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Fixed-rate automotive loans | Interest on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Fixed-rate automotive loans | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized gain (loss) on hedged item in fair value hedge	0	0	0	0
Change in unrealized gain (loss) on fair value hedging instruments	0	0	0	0
Designated as hedging instrument | Deposit liabilities | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings			0	0
Designated as hedging instrument | Deposit liabilities | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings			0	0
Designated as hedging instrument | Deposit liabilities | Interest on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings			0	(1)
Designated as hedging instrument | Deposit liabilities | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings			0	0
Designated as hedging instrument | Variable-rate commercial loans | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	5	18	11	40
Designated as hedging instrument | Variable-rate commercial loans | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	0	0	0	0
Designated as hedging instrument | Variable-rate commercial loans | Interest on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	0	0	0	0
Designated as hedging instrument | Variable-rate commercial loans | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	0	0	0	0
Designated as hedging instrument | Variable-rate commercial borrowings probable not to occur | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	0	4	0	4
Designated as hedging instrument | Variable-rate commercial borrowings probable not to occur | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	0	0	0	0
Designated as hedging instrument | Variable-rate commercial borrowings probable not to occur | Interest on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	0	0	0	0
Designated as hedging instrument | Variable-rate commercial borrowings probable not to occur | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate cash flow hedge gain (loss) reclassified to earnings	$ 0	$ 0	$ 0	$ 0

Derivative Instruments and He_8

Derivative Instruments and Hedging Activities (Interest and Amortization on Derivative Instruments) (Details) - Designated as hedging instrument - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Total (loss) gain on fair value hedging relationships	$ (7)	$ (43)	$ (34)	$ (86)
Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Total (loss) gain on fair value hedging relationships	4	(4)	4	(7)
Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Total (loss) gain on fair value hedging relationships	1	0	1	(3)
Unsecured debt | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Gain (loss) on interest for qualifying hedge	0	0	0	0
Unsecured debt | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Gain (loss) on interest for qualifying hedge	0	0	0	0
Unsecured debt | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	1	1	2	2
Gain (loss) on interest for qualifying hedge	1	2	1	3
Federal Home Loan Bank certificates and obligations | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Federal Home Loan Bank certificates and obligations | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Federal Home Loan Bank certificates and obligations | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	(1)	(3)	(2)	(8)
Available-for-sale securities | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Gain (loss) on interest for qualifying hedge	0	0	0	0
Available-for-sale securities | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	4	(1)	5	(3)
Gain (loss) on interest for qualifying hedge	0	(3)	(1)	(4)
Available-for-sale securities | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Gain (loss) on interest for qualifying hedge	0	0	0	0
Fixed-rate automotive loans | Interest and fees on finance receivables and loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	(2)	(11)	(11)	(24)
Gain (loss) on interest for qualifying hedge	(5)	(32)	(23)	(62)
Fixed-rate automotive loans | Interest and dividends on investment securities and other earning assets
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Gain (loss) on interest for qualifying hedge	0	0	0	0
Fixed-rate automotive loans | Interest on long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on amortization of deferred basis adjustments	0	0	0	0
Gain (loss) on interest for qualifying hedge	$ 0	$ 0	$ 0	$ 0

Derivative Instruments and He_9

Derivative Instruments and Hedging Activities (Derivative Instruments Used in Net Investment Hedge Accounting Relationships) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest rate contracts | Cash flow hedging
Derivative Instruments, Gain (Loss) [Line Items]
(Loss) gain recognized in other comprehensive income, cash flow hedge, interest rate contracts	$ (5,000,000)	$ (22,000,000)	$ (11,000,000)	$ (43,000,000)
Foreign exchange contracts | Net investment hedging
Derivative Instruments, Gain (Loss) [Line Items]
(Loss) gain recognized in other comprehensive income, net investment hedge, foreign exchange contracts	4,000,000	(3,000,000)	1,000,000	(5,000,000)
Amounts excluded from effectiveness testing	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	$ 0	$ 0	$ 0	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income tax expense from continuing operations	$ 152	$ 143	$ 343	$ 354

Fair Value (Fair Value Measurem

Fair Value (Fair Value Measurements - Recurring Basis) (Details) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		$ 735	$ 1,102
Pledged assets, mortgage finance receivables	[1]	31,743	33,587
Derivative contracts in a receivable position		4	6
Derivative contracts in a payable position		$ 52	$ 59
Investment in any one industry did not exceed percentage		14%	8%
Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		$ 31,743	$ 33,587
Derivative contracts in a receivable position		4	7
Total assets		32,570	34,783
Derivative contracts in a payable position		55	62
Total liabilities		55	62
Fair value, measurements, recurring | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		4	2
Fair value, measurements, recurring | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position			1
Fair value, measurements, recurring | Foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		3	3
Fair value, measurements, recurring | Credit contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		48	56
Fair value, measurements, recurring | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		735	1,102
Fair value, measurements, recurring | U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		2,374	2,155
Fair value, measurements, recurring | U.S. States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		788	864
Fair value, measurements, recurring | Foreign government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		149	157
Fair value, measurements, recurring | Agency mortgage-backed securities | Residential Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		17,859	19,039
Fair value, measurements, recurring | Agency mortgage-backed securities | Commercial Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		3,730	4,526
Fair value, measurements, recurring | Mortgage-backed residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		4,654	4,425
Fair value, measurements, recurring | Asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		475	534
Fair value, measurements, recurring | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		1,714	1,887
Fair value, measurements, recurring | Mortgage loans held-for-sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held-for-sale, fair value		81	80
Fair value, measurements, recurring | Consumer other | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net		7	7
Fair value, measurements, recurring | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		3	6
Fair value, measurements, recurring | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		1	1
Fair value, measurements, recurring | Fair value, inputs, level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		2,412	2,174
Derivative contracts in a receivable position		1	1
Total assets		3,146	3,268
Derivative contracts in a payable position		0	1
Total liabilities		0	1
Fair value, measurements, recurring | Fair value, inputs, level 1 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position			1
Fair value, measurements, recurring | Fair value, inputs, level 1 | Foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Credit contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		733	1,093
Fair value, measurements, recurring | Fair value, inputs, level 1 | U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		2,374	2,155
Fair value, measurements, recurring | Fair value, inputs, level 1 | U.S. States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Foreign government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		38	19
Fair value, measurements, recurring | Fair value, inputs, level 1 | Agency mortgage-backed securities | Residential Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Agency mortgage-backed securities | Commercial Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Mortgage-backed residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Mortgage loans held-for-sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held-for-sale, fair value		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Consumer other | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 1 | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		1	1
Fair value, measurements, recurring | Fair value, inputs, level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		29,319	31,404
Derivative contracts in a receivable position		1	1
Total assets		29,401	31,485
Derivative contracts in a payable position		3	3
Total liabilities		3	3
Fair value, measurements, recurring | Fair value, inputs, level 2 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 2 | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position			0
Fair value, measurements, recurring | Fair value, inputs, level 2 | Foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		3	3
Fair value, measurements, recurring | Fair value, inputs, level 2 | Credit contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 2 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		0	0
Fair value, measurements, recurring | Fair value, inputs, level 2 | U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 2 | U.S. States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		776	855
Fair value, measurements, recurring | Fair value, inputs, level 2 | Foreign government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		111	138
Fair value, measurements, recurring | Fair value, inputs, level 2 | Agency mortgage-backed securities | Residential Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		17,859	19,039
Fair value, measurements, recurring | Fair value, inputs, level 2 | Agency mortgage-backed securities | Commercial Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		3,730	4,526
Fair value, measurements, recurring | Fair value, inputs, level 2 | Mortgage-backed residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		4,654	4,425
Fair value, measurements, recurring | Fair value, inputs, level 2 | Asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		475	534
Fair value, measurements, recurring | Fair value, inputs, level 2 | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		1,714	1,887
Fair value, measurements, recurring | Fair value, inputs, level 2 | Mortgage loans held-for-sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held-for-sale, fair value		81	80
Fair value, measurements, recurring | Fair value, inputs, level 2 | Consumer other | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net		0	0
Fair value, measurements, recurring | Fair value, inputs, level 2 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		1	1
Fair value, measurements, recurring | Fair value, inputs, level 2 | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		12	9
Derivative contracts in a receivable position		2	5
Total assets		23	30
Derivative contracts in a payable position		52	58
Total liabilities		52	58
Fair value, measurements, recurring | Fair value, inputs, level 3 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		4	2
Fair value, measurements, recurring | Fair value, inputs, level 3 | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position			0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Credit contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a payable position		48	56
Fair value, measurements, recurring | Fair value, inputs, level 3 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		2	9
Fair value, measurements, recurring | Fair value, inputs, level 3 | U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | U.S. States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		12	9
Fair value, measurements, recurring | Fair value, inputs, level 3 | Foreign government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Agency mortgage-backed securities | Residential Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Agency mortgage-backed securities | Commercial Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Mortgage-backed residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Pledged assets, mortgage finance receivables		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Mortgage loans held-for-sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held-for-sale, fair value		0	0
Fair value, measurements, recurring | Fair value, inputs, level 3 | Consumer other | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net		7	7
Fair value, measurements, recurring | Fair value, inputs, level 3 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		2	5
Fair value, measurements, recurring | Fair value, inputs, level 3 | Equity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative contracts in a receivable position		$ 0	$ 0
[1]Refer to Note 7 for discussion of investment securities pledged as collateral.

Fair Value (Fair Value Measur_2

Fair Value (Fair Value Measurements - Reconciliation of Level 3 Assets And Liabilities) (Details) - Fair value, measurements, recurring - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative liabilities, net of derivative assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset, transfers into level 3	$ 0	$ 0	$ 0	$ 0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, assets measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value, beginning balance	61	28	53	12
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability, gain (loss) included in earnings	(1)	7	7	22
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability, gain (loss) included in other comprehensive income (loss)	0	0	0	0
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability, purchases	0	0	0	0
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability, sales	0	0	0	0
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability, issuances	0	2	0	3
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability, settlements	(10)	0	(10)	0
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value, ending balance	50	37	50	37
Fair value, assets measured on recurring basis, change in unrealized gain (loss) included in earnings	(1)	10	(4)	25
Fair value, liabilities measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset value, beginning balance	1	11	9	7
Fair value, measurement, recurring, asset, gain (loss) included in earnings	1	0	2	4
Fair value, measurement, recurring, asset, gain (loss) included in other comprehensive income (loss)	0	0	0	0
Fair value, measurement, recurring, asset, purchases	0	0	0	0
Fair value, measurement, recurring, asset, sales	0	(2)	(9)	(2)
Fair value, measurement, recurring, asset, issuances	0	0	0	0
Fair value, measurement, recurring, asset, settlements	0	0	0	0
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, measurement, recurring, asset value, ending balance	2	9	2	9
Fair value, assets, recurring, net unrealized gains (losses) included in earnings	0	0	0	4
Fair value, assets measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, liabilities measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Available-for-sale securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset value, beginning balance	11	7	9	7
Fair value, measurement, recurring, asset, gain (loss) included in earnings	0	0	0	0
Fair value, measurement, recurring, asset, gain (loss) included in other comprehensive income (loss)	0	0	0	0
Fair value, measurement, recurring, asset, purchases	1	0	3	0
Fair value, measurement, recurring, asset, sales	0	0	0	0
Fair value, measurement, recurring, asset, issuances	0	0	0	0
Fair value, measurement, recurring, asset, settlements	0	0	0	0
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, measurement, recurring, asset value, ending balance	12	7	12	7
Fair value, assets, recurring, net unrealized gains (losses) included in earnings	0	0	0	0
Fair value, assets measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, liabilities measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Mortgage loans held-for-sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset value, beginning balance	0	146	0	91
Fair value, measurement, recurring, asset, gain (loss) included in earnings	0	21	0	49
Fair value, measurement, recurring, asset, gain (loss) included in other comprehensive income (loss)	0	0	0	0
Fair value, measurement, recurring, asset, purchases	0	812	0	1,851
Fair value, measurement, recurring, asset, sales	0	(882)	0	(1,894)
Fair value, measurement, recurring, asset, issuances	0	0	0	0
Fair value, measurement, recurring, asset, settlements	0	0	0	0
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, measurement, recurring, asset value, ending balance	0	97	0	97
Fair value, assets, recurring, net unrealized gains (losses) included in earnings	0	1	0	1
Fair value, assets measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, liabilities measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Finance receivables and loans, net | Consumer Loan
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset value, beginning balance	7	8	7	8
Fair value, measurement, recurring, asset, gain (loss) included in earnings	0	0	(1)	1
Fair value, measurement, recurring, asset, gain (loss) included in other comprehensive income (loss)	0	0	0	0
Fair value, measurement, recurring, asset, purchases	4	5	8	8
Fair value, measurement, recurring, asset, sales	0	0	0	0
Fair value, measurement, recurring, asset, issuances	0	0	0	0
Fair value, measurement, recurring, asset, settlements	(4)	(5)	(7)	(9)
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, measurement, recurring, asset value, ending balance	7	8	7	8
Fair value, assets, recurring, net unrealized gains (losses) included in earnings	0	0	(1)	0
Fair value, assets measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	0	0	0	0
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, measurement, recurring, asset, transfers into level 3	0	0	0	0
Fair value, measurement, recurring, transfers out of level 3	0	0	0	0
Fair value, liabilities measured on recurring basis, change in unrealized gain (loss) included in other comprehensive income	$ 0	$ 0	$ 0	$ 0

Fair Value (Fair Value Measur_3

Fair Value (Fair Value Measurements - Nonrecurring Basis) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held-for-sale, net	$ 798	$ 549
Finance receivables and loans, net	125,007	119,001
Assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	799	595
Lower of cost or fair value, valuation reserve, or cumulative adjustments	(77)	(70)
Mortgage loans held-for-sale | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held-for-sale, net	717	468
Lower of cost or fair value, valuation reserve, or cumulative adjustments	0	0
Nonmarketable equity investments | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	12	7
Lower of cost or fair value, valuation reserve, or cumulative adjustments	0	(5)
Repossessed and foreclosed assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	5	4
Lower of cost or fair value, valuation reserve, or cumulative adjustments	0	0
Fair value, inputs, level 1 | Assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Fair value, inputs, level 1 | Mortgage loans held-for-sale | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held-for-sale, net	0	0
Fair value, inputs, level 1 | Nonmarketable equity investments | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	0	0
Fair value, inputs, level 1 | Repossessed and foreclosed assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	0	0
Fair value, inputs, level 2 | Assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Fair value, inputs, level 2 | Mortgage loans held-for-sale | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held-for-sale, net	0	0
Fair value, inputs, level 2 | Nonmarketable equity investments | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	0	0
Fair value, inputs, level 2 | Repossessed and foreclosed assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	0	0
Fair value, inputs, level 3 | Assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	799	595
Fair value, inputs, level 3 | Mortgage loans held-for-sale | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held-for-sale, net	717	468
Fair value, inputs, level 3 | Nonmarketable equity investments | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	12	7
Fair value, inputs, level 3 | Repossessed and foreclosed assets | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	5	4
Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	5,000	10
Commercial | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	65	116
Lower of cost or fair value, valuation reserve, or cumulative adjustments	(77)	(65)
Commercial | Fair value, inputs, level 1 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	0	0
Commercial | Fair value, inputs, level 2 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	0	0
Commercial | Fair value, inputs, level 3 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	65	116
Automotive loan | Commercial | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	5	4
Lower of cost or fair value, valuation reserve, or cumulative adjustments	0	0
Automotive loan | Commercial | Fair value, inputs, level 1 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	0	0
Automotive loan | Commercial | Fair value, inputs, level 2 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	0	0
Automotive loan | Commercial | Fair value, inputs, level 3 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	5	4
Other | Commercial | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	60	112
Lower of cost or fair value, valuation reserve, or cumulative adjustments	(77)	(65)
Other | Commercial | Fair value, inputs, level 1 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	0	0
Other | Commercial | Fair value, inputs, level 2 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	0	0
Other | Commercial | Fair value, inputs, level 3 | Fair Value, measurements, nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Finance receivables and loans, net	$ 60	$ 112

Fair Value (Fair Value, by Bala

Fair Value (Fair Value, by Balance Sheet Grouping) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held-to-maturity securities	$ 1,112	$ 1,170
Loans held-for-sale, net	798	549
Finance receivables and loans, net	125,007	119,001
Deposit liabilities	140,401	141,558
Short-term borrowings	7,775	0
Long-term debt	16,984	17,029
Carrying value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held-to-maturity securities	1,112	1,170
Loans held-for-sale, net	717	469
Finance receivables and loans, net	125,000	118,994
FHLB/FRB stock	997	738
Deposit liabilities	38,629	40,953
Short-term borrowings	7,775
Long-term debt	16,984	17,029
Estimated fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held-to-maturity securities	998	1,204
Loans held-for-sale, net	717	469
Finance receivables and loans, net	128,544	126,044
FHLB/FRB stock	997	738
Deposit liabilities	38,312	41,164
Short-term borrowings	7,779
Long-term debt	17,826	19,529
Estimated fair value | Fair value, inputs, level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held-to-maturity securities	0	0
Loans held-for-sale, net	0	0
Finance receivables and loans, net	0	0
FHLB/FRB stock	0	0
Deposit liabilities	0	0
Short-term borrowings	0
Long-term debt	0	0
Estimated fair value | Fair value, inputs, level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held-to-maturity securities	998	1,204
Loans held-for-sale, net	0	0
Finance receivables and loans, net	0	0
FHLB/FRB stock	997	738
Deposit liabilities	0	0
Short-term borrowings	0
Long-term debt	11,447	12,637
Estimated fair value | Fair value, inputs, level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held-to-maturity securities	0	0
Loans held-for-sale, net	717	469
Finance receivables and loans, net	128,544	126,044
FHLB/FRB stock	0	0
Deposit liabilities	38,312	41,164
Short-term borrowings	7,779
Long-term debt	$ 6,379	$ 6,892

Offsetting Assets and Liabili_3

Offsetting Assets and Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Offsetting Assets [Line Items]
Derivative asset, Gross amounts offset on the Condensed Consolidated Balance Sheet	$ 0	$ 0
Derivative asset, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Financial instruments	0	(1)
Derivative asset, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Collateral	0	0
Derivative assets with no offsetting arrangements	3	6
Total assets, Gross amounts of recognized assets/liabilities	4	7
Total assets, Net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet	4	7
Total assets, Net amount	4	6
Derivative liabilities, Gross amounts offset on the Condensed Consolidated Balance Sheet	0	0
Derivative liabilities, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Financial instruments	0	(1)
Derivative liabilities, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Collateral	(3)	(2)
Derivative liabilities with no offsetting arrangements	52	58
Total liabilities, Gross amounts of recognized assets/liabilities	55	62
Total liabilities, Net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet	55	62
Total liabilities, Net amount	52	59
Derivative Assets Net Asset Position
Offsetting Assets [Line Items]
Derivative asset, Gross amounts of recognized assets/liabilities	1	1
Derivative asset, Gross amounts offset on the Condensed Consolidated Balance Sheet	0	0
Net amounts of assets presented on the Consolidated Balance Sheet	1	1
Derivative asset, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Financial instruments	0	(1)
Derivative asset, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Collateral	0	0
Derivative assets, Net amount	1	0
Derivative Liabilities Net Liability Position
Offsetting Assets [Line Items]
Derivative liabilities, Gross amounts of recognized assets/liabilities	3	3
Derivative liabilities, Gross amounts offset on the Condensed Consolidated Balance Sheet	0	0
Net amounts of liabilities presented on the Consolidated Balance Sheet	3	3
Derivative liabilities, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Financial instruments	0	0
Derivative liabilities, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Collateral	(3)	(2)
Derivative liabilities, Net amount	$ 0	1
Derivative Liabilities Net Asset Position
Offsetting Assets [Line Items]
Derivative liabilities, Gross amounts of recognized assets/liabilities		1
Derivative liabilities, Gross amounts offset on the Condensed Consolidated Balance Sheet		0
Net amounts of liabilities presented on the Consolidated Balance Sheet		1
Derivative liabilities, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Financial instruments		(1)
Derivative liabilities, Gross amounts not offset on the Condensed Consolidated Balance Sheet, Collateral		0
Derivative liabilities, Net amount		$ 0

Segment Information (Details)

Segment Information (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment			4
Net financing revenue and other interest income	$ 1,764	$ 1,547	$ 3,457	$ 2,919
Other revenue	312	538	754	1,103
Total net revenue	2,076	2,085	4,211	4,022
Provision for credit losses	304	(32)	471	(45)
Total noninterest expense	1,138	1,075	2,260	2,018
Income from continuing operations before income tax expense	634	1,042	1,480	2,049
Total assets	185,703	180,470	185,703	180,470	$ 182,114
Net financing revenue and other interest income after the provision for credit losses	1,500	1,600	3,000	3,000
Operating Segments | Automotive Finance operations
Segment Reporting Information [Line Items]
Net financing revenue and other interest income	1,301	1,333	2,596	2,539
Other revenue	72	61	140	123
Total net revenue	1,373	1,394	2,736	2,662
Provision for credit losses	228	(23)	332	(45)
Total noninterest expense	545	500	1,079	987
Income from continuing operations before income tax expense	600	917	1,325	1,720
Total assets	107,178	100,162	107,178	100,162
Operating Segments | Insurance operations
Segment Reporting Information [Line Items]
Net financing revenue and other interest income	20	15	37	30
Other revenue	158	344	428	723
Total net revenue	178	359	465	753
Provision for credit losses	0	0	0	0
Total noninterest expense	300	272	574	525
Income from continuing operations before income tax expense	(122)	87	(109)	228
Total assets	8,819	9,394	8,819	9,394
Operating Segments | Mortgage Finance operations
Segment Reporting Information [Line Items]
Net financing revenue and other interest income	56	23	109	46
Other revenue	4	22	18	62
Total net revenue	60	45	127	108
Provision for credit losses	0	0	0	(4)
Total noninterest expense	54	45	110	89
Income from continuing operations before income tax expense	6	0	17	23
Total assets	19,126	13,865	19,126	13,865
Operating Segments | Corporate Finance operations
Segment Reporting Information [Line Items]
Net financing revenue and other interest income	77	77	160	148
Other revenue	19	33	43	59
Total net revenue	96	110	203	207
Provision for credit losses	8	(13)	14	0
Total noninterest expense	28	28	65	59
Income from continuing operations before income tax expense	60	95	124	148
Total assets	8,890	6,246	8,890	6,246
Corporate and Other
Segment Reporting Information [Line Items]
Net financing revenue and other interest income	310	99	555	156
Other revenue	59	78	125	136
Total net revenue	369	177	680	292
Provision for credit losses	68	4	125	4
Total noninterest expense	211	230	432	358
Income from continuing operations before income tax expense	90	(57)	123	(70)
Total assets	$ 41,690	$ 50,803	$ 41,690	$ 50,803

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares		3 Months Ended						6 Months Ended
	Jul. 14, 2022	Jun. 30, 2022	[1]	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	[1]	Jun. 30, 2022	[1]	Jun. 30, 2021	[1]
Subsequent Event [Line Items]
Cash dividends declared per common share (in dollars per share)		$ 0.30			$ 0.25	$ 0.19		$ 0.60		$ 0.38
Common stock
Subsequent Event [Line Items]
Cash dividends declared per common share (in dollars per share)				$ 0.30
Subsequent event | Common stock
Subsequent Event [Line Items]
Dividends payable, date declared	Jul. 14, 2022
Cash dividends declared per common share (in dollars per share)	$ 0.30
Dividends payable, date to be paid	Aug. 15, 2022
Dividends payable, date of record	Aug. 01, 2022
[1]Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.