Ally Bank 2011 Annual Report Download - page 125

Table of Contents
Consolidated Balance Sheet
Ally Financial Inc. • Form 10−K
December 31, ($ in millions) 2011 2010
Assets
Cash and cash equivalents
Noninterest−bearing $ 2,475 $ 1,714
Interest−bearing 10,560 9,956
Total cash and cash equivalents 13,035 11,670
Trading assets 622 240
Investment securities 15,135 14,846
Loans held−for−sale, net ($3,919 and $6,424 fair value−elected) 8,557 11,411
Finance receivables and loans, net
Finance receivables and loans, net ($835 and $1,015 fair value−elected) 114,755 102,413
Allowance for loan losses (1,503) (1,873)
Total finance receivables and loans, net 113,252 100,540
Investment in operating leases, net 9,275 9,128
Mortgage servicing rights 2,519 3,738
Premiums receivable and other insurance assets 1,853 2,181
Other assets 18,741 17,564
Assets of operations held−for−sale 1,070 690
Total assets $ 184,059 $ 172,008
Liabilities
Deposit liabilities
Noninterest−bearing $ 2,029 $ 2,131
Interest−bearing 43,021 36,917
Total deposit liabilities 45,050 39,048
Short−term borrowings 7,680 7,508
Long−term debt ($830 and $972 fair value−elected) 92,794 86,612
Interest payable 1,587 1,829
Unearned insurance premiums and service revenue 2,576 2,854
Reserves for insurance losses and loss adjustment expenses 580 862
Accrued expenses and other liabilities ($29 and $— fair value−elected) 14,084 12,126
Liabilities of operations held−for−sale 337 680
Total liabilities 164,688 151,519
Equity
Common stock and paid−in capital 19,668 19,668
Mandatorily convertible preferred stock held by U.S. Department of Treasury 5,685 5,685
Preferred stock 1,255 1,287
Accumulated deficit (7,324) (6,410)
Accumulated other comprehensive income 87 259
Total equity 19,371 20,489
Total liabilities and equity $ 184,059 $ 172,008
The Notes to the Consolidated Financial Statements are an integral part of these statements.
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