v3.26.1
Other Assets (Tables)
 3 Months Ended
Mar. 31, 2026
Other Assets [Abstract]  
Schedule of Other Assets
The components of other assets were as follows.
($ in millions)March 31, 2026December 31, 2025
Property and equipment at cost$2,275 $2,280 
Accumulated depreciation(1,150)(1,130)
Net property and equipment1,125 1,150 
Net deferred tax assets2,368 2,334 
Proportional amortization investments (a) (b)2,032 2,094 
Restricted cash and cash equivalents (c)1,390 1,543 
Accrued interest, fees, and rent receivables (d)930 941 
Nonmarketable equity investments901 922 
Equity-method investments (e)741 715 
Restricted cash held for securitization trusts (f)321 236 
Other accounts receivable210 403 
Goodwill190 190 
Operating lease right-of-use assets107 109 
Other assets995 986 
Total other assets (g)$11,310 $11,623 
(a)Proportional amortization investments includes qualifying LIHTC, NMTC, and HTC investments.
(b)Presented gross of the associated unfunded commitment. Refer to Note 13 for further information.
(c)Primarily represents restricted cash equivalents funded through the issuance of credit-linked notes. Additionally, includes a number of arrangements with third parties where certain restrictions are placed on balances we hold due to collateral agreements associated with operational processes with a third-party bank, partner, or letter of credit arrangements and corresponding collateral requirements. Refer to Note 17 for further information about the issuance of credit-linked notes.
(d)Primarily relates to accrued interest, fees, and rent receivables related to our consumer automotive and commercial automotive finance receivables and loans.
(e)Primarily relates to investments made in connection with our CRA program.
(f)Includes restricted cash collected from customer payments on securitized receivables, which are distributed by us to investors as payments on the related secured debt, and cash reserve deposits utilized as a form of credit enhancement for various securitization transactions.
(g)Includes gross intangible assets of $80 million at both March 31, 2026, and December 31, 2025, and accumulated amortization of $80 million at both March 31, 2026, and December 31, 2025.
Schedule of Activity in Proportional Amortization Investment
The following table summarizes information about our proportional amortization investments.
 Three months ended March 31,
($ in millions)20262025
Tax credits and other tax benefits from proportional amortization investments (a) (b)$79 $56 
Investment amortization expense recognized as a component of income tax expense (a)62 45 
Net benefit from proportional amortization investments (a)$17 $11 
(a)Amounts are included within income tax expense from continuing operations on our Condensed Consolidated Statement of Comprehensive Income and as a component of operating activities within deferred income taxes, other assets, and other liabilities on our Condensed Consolidated Statement of Cash Flows.
(b)There were no impairment losses recognized during the three months ended March 31, 2026, and March 31, 2025, resulting from the forfeiture or ineligibility of tax credits or other circumstances.
Schedule of Equity Securities without Readily Determinable Fair Value
The total carrying value of the nonmarketable equity investments held at March 31, 2026, and December 31, 2025, including cumulative unrealized gains and losses, was as follows.
($ in millions)March 31, 2026December 31, 2025
FRB stock$454 $452 
FHLB stock335 359 
Equity investments without a readily determinable fair value
Cost basis94 94 
Adjustments
Upward adjustments56 57 
Downward adjustments (including impairment)(38)(40)
Carrying amount, equity investments without a readily determinable fair value112 111 
Nonmarketable equity investments$901 $922 
During the three months ended March 31, 2026, and March 31, 2025, unrealized gains and losses included in the carrying value of the nonmarketable equity investments still held as of March 31, 2026, and March 31, 2025, were as follows.
Three months ended March 31,
($ in millions)20262025
Upward adjustments$— $— 
Downward adjustments (including impairment) (a)$(1)$— 
(a)No impairment on FHLB and FRB stock was recognized during the three months ended March 31, 2026, and March 31, 2025.
Schedule of Goodwill
The carrying balance of goodwill by reportable operating segment was as follows.
($ in millions)Automotive Finance operationsInsurance operationsCorporate and Other (a)Total
Goodwill at December 31, 2024
$20 $27 $504 $551 
Goodwill impairment— — (305)(305)
Transfer to assets of operations held-for-sale (b)— — (56)(56)
Goodwill at December 31, 2025
$20 $27 $143 $190 
Goodwill impairment— — — — 
Goodwill at March 31, 2026
$20 $27 $143 $190 
(a)Includes $143 million of goodwill associated with Ally Invest at both March 31, 2026, and December 31, 2025.
(b)We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for further information on Ally Credit Card.