Ally Bank 2011 Annual Report Download - page 219

Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10−K
Condensed Consolidating Balance Sheet
December 31, 2011 ($ in millions) Parent Guarantors Nonguarantors Consolidating adjustments Ally consolidated
Assets
Cash and cash equivalents
Noninterest−bearing $ 1,413 $ — $ 1,062 $ — $ 2,475
Interest−bearing 4,848 14 5,698 — 10,560
Interest−bearing — intercompany — — 516 (516) —
Total cash and cash equivalents 6,261 14 7,276 (516) 13,035
Trading assets — — 622 — 622
Investment securities — — 15,135 — 15,135
Loans held−for−sale, net 425 — 8,132 — 8,557
Finance receivables and loans, net
Finance receivables and loans, net 15,151 476 99,128 — 114,755
Intercompany loans to
Bank subsidiary 4,920 — — (4,920) —
Nonbank subsidiaries 5,448 356 550 (6,354) —
Allowance for loan losses (245) (2) (1,256) — (1,503)
Total finance receivables and loans, net 25,274 830 98,422 (11,274) 113,252
Investment in operating leases, net 928 — 8,347 — 9,275
Intercompany receivables from
Bank subsidiary 82 — — (82) —
Nonbank subsidiaries 1,070 327 577 (1,974) —
Investment in subsidiaries
Bank subsidiary 13,061 13,061 — (26,122) —
Nonbank subsidiaries 17,433 3,809 — (21,242) —
Mortgage servicing rights — — 2,519 — 2,519
Premiums receivable and other insurance assets — — 1,853 — 1,853
Other assets 2,664 3 16,712 (638) 18,741
Assets of operations held−for−sale (174) — 1,244 — 1,070
Total assets $ 67,024 $ 18,044 $ 160,839 $ (61,848) $ 184,059
Liabilities
Deposit liabilities
Noninterest−bearing $ — $ — $ 2,029 $ — $ 2,029
Interest−bearing 1,768 — 41,253 — 43,021
Total deposit liabilities 1,768 — 43,282 — 45,050
Short−term borrowings 2,756 136 4,788 — 7,680
Long−term debt 39,524 214 53,056 — 92,794
Intercompany debt to
Nonbank subsidiaries 574 492 10,724 (11,790) —
Intercompany payables to
Bank subsidiary 39 — — (39) —
Nonbank subsidiaries 1,266 1 750 (2,017) —
Interest payable 1,167 3 417 — 1,587
Unearned insurance premiums and service revenue — — 2,576 — 2,576
Reserves for insurance losses and loss adjustment expenses — — 580 — 580
Accrued expenses and other liabilities 559 323 13,839 (637) 14,084
Liabilities of operations held−for−sale — — 337 — 337
Total liabilities 47,653 1,169 130,349 (14,483) 164,688
Total equity 19,371 16,875 30,490 (47,365) 19,371
Total liabilities and equity $ 67,024 $ 18,044 $ 160,839 $ (61,848) $ 184,059
216