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Revenue from Contracts with Customers (Tables) | 6 Months Ended
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Jun. 30, 2020
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables present a disaggregated view of our revenue from contracts with customers included in other revenue that falls within the scope of the revenue recognition principles of ASC Topic 606, 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 2019 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
2020 |  |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers |  |  |  |  |  |  |  |  |  |  |  |
Noninsurance contracts (a) (b) (c) |  | $ | — |  |  | $ | 142 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 142 |
Remarketing fee income |  | 15 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 15 |
Brokerage commissions and other revenue |  | — |  |  | — |  |  | — |  |  | — |  |  | 14 |  |  | 14 |
Brokered/agent commissions |  | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  |  | 4 |
Deposit account and other banking fees |  | — |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | 1 |
Other |  | 3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3 |
Total revenue from contracts with customers |  | 18 |  |  | 146 |  |  | — |  |  | — |  |  | 15 |  |  | 179 |
All other revenue |  | 22 |  |  | 292 |  |  | 19 |  |  | 6 |  |  | 37 |  |  | 376 |
Total other revenue (d) |  | $ | 40 |  |  | $ | 438 |  |  | $ | 19 |  |  | $ | 6 |  |  | $ | 52 |  |  | $ | 555 |
2019 |  |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers |  |  |  |  |  |  |  |  |  |  |  |
Noninsurance contracts (a) (b) (c) |  | $ | — |  |  | $ | 134 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 134 |
Remarketing fee income |  | 19 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 19 |
Brokerage commissions and other revenue |  | — |  |  | — |  |  | — |  |  | — |  |  | 17 |  |  | 17 |
Brokered/agent commissions |  | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  |  | 4 |
Deposit account and other banking fees |  | — |  |  | — |  |  | — |  |  | — |  |  | 4 |  |  | 4 |
Other |  | 5 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5 |
Total revenue from contracts with customers |  | 24 |  |  | 138 |  |  | — |  |  | — |  |  | 21 |  |  | 183 |
All other revenue |  | 37 |  |  | 148 |  |  | 4 |  |  | 10 |  |  | 13 |  |  | 212 |
Total other revenue (d) |  | $ | 61 |  |  | $ | 286 |  |  | $ | 4 |  |  | $ | 10 |  |  | $ | 34 |  |  | $ | 395 |
(a) | We had opening balances of $2.9 billion and $2.7 billion in unearned revenue associated with outstanding contracts at April 1, 2020, and April 1, 2019, respectively, and $211 million and $202 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, 2020, and June 30, 2019.
(b) | At June 30, 2020, we had unearned revenue of $2.9 billion associated with outstanding contracts, and with respect to this balance we expect to recognize revenue of $406 million during the remainder of 2020, $747 million in 2021, $649 million in 2022, $520 million in 2023, and $596 million thereafter. At June 30, 2019, we had unearned revenue of $2.8 billion associated with outstanding contracts.
(c) | We had deferred insurance assets of $1.7 billion and $1.8 billion at April 1, 2020, and June 30, 2020, respectively, and recognized $121 million of expense during the three months ended June 30, 2020. We had deferred insurance assets of $1.6 billion at both April 1, 2019, and June 30, 2019, and recognized $114 million of expense during the three months ended June 30, 2019.
(d) | Represents a component of total net revenue. Refer to Note 22 for further information on our reportable operating segments.
Six months ended June 30, ($ in millions) |  | Automotive Finance operations |  | Insurance operations |  | Mortgage Finance operations |  | Corporate Finance operations |  | Corporate and Other |  | Consolidated
2020 |  |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers |  |  |  |  |  |  |  |  |  |  |  |
Noninsurance contracts (a) (b) |  | $ | — |  |  | $ | 285 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 285 |
Remarketing fee income |  | 32 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 32 |
Brokerage commissions and other revenue |  | — |  |  | — |  |  | — |  |  | — |  |  | 27 |  |  | 27 |
Brokered/agent commissions |  | — |  |  | 8 |  |  | — |  |  | — |  |  | — |  |  | 8 |
Deposit account and other banking fees |  | — |  |  | — |  |  | — |  |  | — |  |  | 5 |  |  | 5 |
Other |  | 8 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8 |
Total revenue from contracts with customers |  | 40 |  |  | 293 |  |  | — |  |  | — |  |  | 32 |  |  | 365 |
All other revenue |  | 47 |  |  | 282 |  |  | 29 |  |  | 19 |  |  | 79 |  |  | 456 |
Total other revenue (c) |  | $ | 87 |  |  | $ | 575 |  |  | $ | 29 |  |  | $ | 19 |  |  | $ | 111 |  |  | $ | 821 |
2019 |  |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers |  |  |  |  |  |  |  |  |  |  |  |
Noninsurance contracts (a) (b) |  | $ | — |  |  | $ | 265 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 265 |
Remarketing fee income |  | 37 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 37 |
Brokerage commissions and other revenue |  | — |  |  | — |  |  | — |  |  | — |  |  | 34 |  |  | 34 |
Brokered/agent commissions |  | — |  |  | 7 |  |  | — |  |  | — |  |  | — |  |  | 7 |
Deposit account and other banking fees |  | — |  |  | — |  |  | — |  |  | — |  |  | 9 |  |  | 9 |
Other |  | 10 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10 |
Total revenue from contracts with customers |  | 47 |  |  | 272 |  |  | — |  |  | — |  |  | 43 |  |  | 362 |
All other revenue |  | 82 |  |  | 374 |  |  | 6 |  |  | 21 |  |  | 16 |  |  | 499 |
Total other revenue (c) |  | $ | 129 |  |  | $ | 646 |  |  | $ | 6 |  |  | $ | 21 |  |  | $ | 59 |  |  | $ | 861 |
(a) | We had opening balances of $2.9 billion and $2.6 billion in unearned revenue associated with outstanding contracts at January 1, 2020, and January 1, 2019, respectively, and $425 million and $401 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, 2020, and June 30, 2019.
(b) | We had deferred insurance assets of $1.7 billion and $1.8 billion January 1, 2020, and June 30, 2020, respectively, and recognized $246 million of expense during the six months ended June 30, 2020. We had deferred insurance assets of $1.5 billion and $1.6 billion at January 1, 2019, and June 30, 2019, respectively, and recognized $225 million of expense during the six months ended June 30, 2019.
(c) Represents a component of total net revenue. Refer to Note 22 for further information on our reportable operating segments.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
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