Accounts Payable and Other Liabilities

12 Months Ended

Dec. 31, 2020

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 include payables to customers and payables related to security purchases that did not settle, as well as other accrued expenses, such as income tax payables, operating lease liabilities, credit card rewards liability, and litigation reserves.

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

December 31, (in millions)	2020		2019
Brokerage payables	$	140,291	$	118,375
Other payables and liabilities(a)	92,308		92,032
Total accounts payable and other liabilities	$	232,599	$	210,407

(a)    Includes credit card rewards liability of $7.7 billion and $6.4 billion at December 31, 2020 and 2019, respectively.