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v3.25.1

Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Financial information for our reportable operating segments is summarized as follows.
Three months ended March 31, ($ in millions) |  | Automotive Finance operations |  | Insurance operations |  | Corporate Finance operations |  | Corporate and Other |  | Consolidated (a)
2025 |  |  |  |  |  |  |  |  |  |
Net financing revenue and other interest income |  |  |  |  |  |  |  |  |  |
Total financing revenue and other interest income |  | $ | 2,571 |  |  | $ | 44 |  |  | $ | 221 |  |  | $ | 557 |  |  | $ | 3,393 |
Total interest expense |  | 1,065 |  |  | 14 |  |  | 117 |  |  | 479 |  |  | 1,675 |
Net depreciation expense on operating lease assets |  | 240 |  |  | — |  |  | — |  |  | — |  |  | 240 |
Net financing revenue and other interest income |  | 1,266 |  |  | 30 |  |  | 104 |  |  | 78 |  |  | 1,478 |
Other revenue |  | 97 |  |  | 364 |  |  | 29 |  |  | (427) |  |  | 63 |
Total net revenue |  | 1,363 |  |  | 394 |  |  | 133 |  |  | (349) |  |  | 1,541 |
Provision for credit losses |  | 434 |  |  | — |  |  | 14 |  |  | (257) |  |  | 191 |
Noninterest expense |  |  |  |  |  |  |  |  |  |
Compensation and benefits expense |  | 183 |  |  | 30 |  |  | 25 |  |  | 267 |  |  | 505 |
Insurance losses and loss adjustment expenses |  | — |  |  | 161 |  |  | — |  |  | — |  |  | 161 |
Goodwill impairment |  | — |  |  | — |  |  | — |  |  | 305 |  |  | 305 |
Other operating expenses |  |  |  |  |  |  |  |  |  |
Technology and communications expenses |  | 29 |  |  | 5 |  |  | 1 |  |  | 68 |  |  | 103 |
Other (b) |  | 342 |  |  | 196 |  |  | 17 |  |  | 5 |  |  | 560 |
Total other operating expenses |  | 371 |  |  | 201 |  |  | 18 |  |  | 73 |  |  | 663 |
Total noninterest expense |  | 554 |  |  | 392 |  |  | 43 |  |  | 645 |  |  | 1,634 |
Income (loss) from continuing operations before income tax expense (benefit) |  | $ | 375 |  |  | $ | 2 |  |  | $ | 76 |  |  | $ | (737) |  |  | $ | (284) |
Total assets |  | $ | 111,672 |  |  | $ | 9,489 |  |  | $ | 11,002 |  |  | $ | 61,168 |  |  | $ | 193,331 |
2024 |  |  |  |  |  |  |  |  |  |
Net financing revenue and other interest income |  |  |  |  |  |  |  |  |  |
Total financing revenue and other interest income |  | $ | 2,576 |  |  | $ | 39 |  |  | $ | 269 |  |  | $ | 698 |  |  | $ | 3,582 |
Total interest expense |  | 1,010 |  |  | 13 |  |  | 149 |  |  | 750 |  |  | 1,922 |
Net depreciation expense on operating lease assets |  | 192 |  |  | — |  |  | — |  |  | — |  |  | 192 |
Net financing revenue and other interest income |  | 1,374 |  |  | 26 |  |  | 120 |  |  | (52) |  |  | 1,468 |
Other revenue |  | 97 |  |  | 384 |  |  | 23 |  |  | 26 |  |  | 530 |
Total net revenue |  | 1,471 |  |  | 410 |  |  | 143 |  |  | (26) |  |  | 1,998 |
Provision for credit losses |  | 448 |  |  | — |  |  | (1) |  |  | 60 |  |  | 507 |
Noninterest expense |  |  |  |  |  |  |  |  |  |
Compensation and benefits expense |  | 178 |  |  | 28 |  |  | 27 |  |  | 286 |  |  | 519 |
Insurance losses and loss adjustment expenses |  | — |  |  | 112 |  |  | — |  |  | — |  |  | 112 |
Other operating expenses |  |  |  |  |  |  |  |  |  |
Technology and communications expenses |  | 32 |  |  | 5 |  |  | 1 |  |  | 68 |  |  | 106 |
Other (b) |  | 333 |  |  | 195 |  |  | 16 |  |  | 27 |  |  | 571 |
Total other operating expenses |  | 365 |  |  | 200 |  |  | 17 |  |  | 95 |  |  | 677 |
Total noninterest expense |  | 543 |  |  | 340 |  |  | 44 |  |  | 381 |  |  | 1,308 |
Income (loss) from continuing operations before income tax expense (benefit) |  | $ | 480 |  |  | $ | 70 |  |  | $ | 100 |  |  | $ | (467) |  |  | $ | 183 |
Total assets |  | $ | 114,464 |  |  | $ | 9,100 |  |  | $ | 10,410 |  |  | $ | 58,826 |  |  | $ | 192,800 |
(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.3 billion and $961 million for the three months ended March 31, 2025, and 2024, respectively. (b)Primarily consists of insurance commissions, property and equipment depreciation, and advertising and marketing expenses. Refer to Note 6 for additional information.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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