Accounts Payable and Other Liabilities

12 Months Ended

Dec. 31, 2018

Accounts Payable and Accrued Liabilities [Abstract]

Accounts Payable and Other Liabilities

Accounts payable and other liabilities

Accounts payable and other liabilities consist of brokerage payables, which includes payables to customers, dealers and clearing organizations, and payables from security purchases that did not settle; accrued expenses, including income tax payables and credit card rewards liability; and all other liabilities, including obligations to return securities received as collateral and litigation reserves.

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

December 31, (in millions)	2018		2017
Brokerage payables	$	114,794	$	102,727
Other payables and liabilities(a)	81,916		86,656
Total accounts payable and other liabilities	$	196,710	$	189,383

(a)

Includes credit card rewards liability of $5.8 billion and $4.9 billion at December 31, 2018 and 2017, respectively.