Accounts Payable and Other Liabilities

12 Months Ended

Dec. 31, 2015

Accounts Payable and Accrued Liabilities [Abstract]

Accounts Payable and Other Liabilities

Accounts payable and other liabilities

Accounts payable and other liabilities consist of payables to customers; payables to brokers, dealers and clearing organizations; payables from security purchases that did not settle; income taxes payables; accrued expense, including interest-bearing liabilities; and all other liabilities, including litigation reserves and obligations to return securities received as collateral.

The following table details the components of accounts payable and other liabilities.

December 31, (in millions)	2015		2014
Brokerage payables(a)	$	107,632	$	134,467
Accounts payable and other liabilities	70,006		72,472
Total	$	177,638	$	206,939

(a) Includes payables to customers, brokers, dealers and clearing organizations, and payables from security purchases that did not settle.