Ally Bank 2012 Annual Report Download - page 127

125
Held-for-sale Operations
The assets and liabilities of operations held-for-sale are summarized below.
December 31, 2012 ($ in millions)
Select
Insurance
operations (a)
Select
Automotive
Finance
operations (b)
Total
held-for-sale
operations
Assets
Cash and cash equivalents
Noninterest-bearing $ 8 $ 100 $ 108
Interest-bearing 119 1,918 2,037
Total cash and cash equivalents 127 2,018 2,145
Investment securities 576 424 1,000
Finance receivables and loans, net
Finance receivables and loans, net — 25,835 25,835
Allowance for loan losses — (208) (208)
Total finance receivables and loans, net — 25,627 25,627
Investment in operating leases, net — 144 144
Premiums receivable and other insurance assets 277 — 277
Other assets 94 2,942 3,036
Impairment on assets of held-for-sale operations (53) — (53)
Total assets $ 1,021 $ 31,155 $ 32,176
Liabilities
Interest-bearing deposit liabilities $ — $ 3,907 $ 3,907
Short-term borrowings — 2,800 2,800
Long-term debt — 13,514 13,514
Interest payable — 177 177
Unearned insurance premiums and service revenue 506 — 506
Accrued expenses and other liabilities 297 1,498 1,795
Total liabilities $ 803 $ 21,896 $ 22,699
(a) Includes our U.K.-based operations that provide vehicle service contracts and insurance products, and ABA Seguros.
(b) Includes our Canadian and Other International entities (including full-service leasing operations and other automotive finance operations).
Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K