Ally Bank 2014 Annual Report Download - page 101

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Table of Contents
Consolidated Balance Sheet
Ally Financial Inc. • Form 10-K
89
The assets of consolidated variable interest entities, presented based upon the legal transfer of the underlying assets in order to reflect
legal ownership, that can be used only to settle obligations of the consolidated variable interest entities and the liabilities of these entities for
which creditors (or beneficial interest holders) do not have recourse to our general credit were as follows.
December 31, ($ in millions) 2014 2013
Assets
Finance receivables and loans, net
Finance receivables and loans, net of unearned income $ 30,081 $ 32,265
Allowance for loan losses (179) (174)
Total finance receivables and loans, net 29,902 32,091
Investment in operating leases, net 5,595 4,620
Other assets 2,010 3,436
Total assets $ 37,507 $ 40,147
Liabilities
Short-term borrowings $—
$ 250
Long-term debt 24,343 24,147
Accrued expenses and other liabilities 173 43
Total liabilities $ 24,516 $ 24,440
The Notes to the Consolidated Financial Statements are an integral part of these statements.