Ally Financial Inc. (ALLY) financial statements (2021 and earlier)

Company profile

Business Address ALLY DETROIT CENTER
DETROIT, MI 48226
State of Incorp. DE
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,6924,1715,3104,2525,9346,3805,576
Cash and cash equivalents15,6213,5554,5374,2525,9346,3805,576
Short-term investments1,071616773    
Disposal group, including discontinued operation      2,003
Total current assets:16,6924,1715,3104,2525,9346,3807,579
Noncurrent Assets
Operating lease, right-of-use asset162168
Property, plant and equipment726646564456376235225
Long-term investments and receivables320358262    
Long-term investments320358262    
Intangible assets, net (including goodwill)393462240240240  
Goodwill343393240240240  
Intangible assets, net (excluding goodwill)5069     
Regulated entity, other noncurrent assets      238
Amortization method qualified affordable housing project investments1,095830649   
Total noncurrent assets:2,6962,4641,715696616235463
Other undisclosed assets162,777174,009171,844162,200157,178151,966143,786
TOTAL ASSETS:182,165180,644178,869167,148163,728158,581151,828
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt7,22114,75018,96322,39427,22619,35724,500
Total current liabilities:7,22114,75018,96322,39427,22619,35724,500
Noncurrent Liabilities
Long-term debt and lease obligation16,92124,80835,21733,03739,26054,64748,668
Long-term debt, excluding current maturities16,92124,80835,21733,03739,26054,64748,668
Liabilities, other than long-term debt525372319    
Qualified affordable housing project investments, commitment525372319   
Total noncurrent liabilities:17,44625,18035,53633,03739,26054,64748,668
Other undisclosed liabilities142,795126,298111,10298,22383,92571,13863,261
Total liabilities:167,462166,228165,601153,654150,411145,142136,429
Stockholders' equity
Stockholders' equity attributable to parent, including:14,70314,41613,26813,49413,31713,43915,399
Common stock      1,300
Treasury stock, value(3,194)(3,088)(2,049)(1,110)(357)(16) 
Accumulated other comprehensive income (loss)631123(539)(235)(341)(231)(66)
Accumulated deficit(4,278)(4,057)(5,489)(6,406)(7,151)(8,110)(6,828)
Other undisclosed stockholders' equity attributable to parent21,54421,43821,34521,24521,16621,79620,993
Total stockholders' equity:14,70314,41613,26813,49413,31713,43915,399
TOTAL LIABILITIES AND EQUITY:182,165180,644178,869167,148163,728158,581151,828

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues6,6866,3945,8045,7655,4374,8614,651
Revenue, net5,7652,7113,3983,558
Operating lease, lease income1,4351,470
Operating leases, income statement, lease revenue1,489
Net investment income7,3019507766,4025,5684,9414,821
Financial services revenue 1,1181,0301,105
Cost of revenue(1,802)(1,319)(918)(1,148)(3,028)(293)(2,186)
Cost of goods and services sold    (1,769) (2,233)
Provision for loan, lease, and other losses(1,439)(998)(918)
Policyholder benefits and claims incurred, net(363)(321) 
Financial services costs(1,148)(1,259)(293)47
Gross profit:4,8845,0754,8864,6172,4094,5682,465
Operating expenses(1,722)(1,494)(1,418) (2,381)(2,169)(2,461)
Other operating income, net
(Noninterest Income, Other Operating Income)
    394 280
Operating income:3,1623,5813,4684,6174222,399284
Nonoperating income   1,5441,530 28
Investment income, nonoperating   102178 28
Interest and debt expense(102)(4,243)(3,637)(2,857)(2,634)(357)(2,985)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  1,791(1,797)2,263(649)3,919
Income (loss) from continuing operations before equity method investments, income taxes:3,060(662)1,6221,5071,5811,3931,246
Income from equity method investments    18  
Other undisclosed income (loss) from continuing operations before income taxes(1,646)2,629     
Income from continuing operations before income taxes:1,4141,9671,6221,5071,5991,3931,246
Income tax expense(328)(246)(359)(581)(470)(496)(321)
Income from continuing operations:1,0861,7211,2639261,129897925
Loss from discontinued operations      (7)
Net income:1,0861,7211,2639261,129897918
Other undisclosed net income (loss) attributable to parent(1)(6) 3(62)392232
Net income attributable to parent:1,0851,7151,2639291,0671,2891,150
Other undisclosed net loss available to common stockholders, basic    (30)(2,571)(268)
Net income (loss) available to common stockholders, diluted:1,0851,7151,2639291,037(1,282)882

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1,0861,7211,2639261,129897918
Other comprehensive income (loss)508654(289)106(110)(165)210
Comprehensive income:1,5942,3759741,0321,0197321,128
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)(6) 3(62)392232
Comprehensive income, net of tax, attributable to parent:1,5932,3699741,0359571,1241,360

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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