OTHER ASSETS AND OTHER LIABILITIES AND DEFERRED INCOME

Other assets and other liabilities and deferred income consist of various balance sheet items that are combined for financial statement presentation due to their respective materiality compared with other individual asset and liability items.

Other assets were as follows (in millions):



	September 30, 2014		December 31, 2013
Accrued interest and other non-finance receivables (a)	$	821	$	1,010
Collateral held for resale, at net realizable value	367		399
Restricted cash (b)	93		169
Deferred charges	270		252
Deferred charges – income taxes	178		184
Prepaid reinsurance premiums and other reinsurance receivables	389		340
Investment in non-consolidated affiliates	139		133
Property and equipment, net of accumulated depreciation (c)	117		120
Other	54		59
Total other assets	$	2,428	$	2,666

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(a)	Includes the gross value of repurchase agreements where we are the transferee of $4 million and $227 million at September 30, 2014 and December 31, 2013, respectively. The gross value of the offsetting liabilities are reported in Customer deposits, dealer reserves, and other on our balance sheet.


(b)	Restricted cash primarily includes cash held to meet certain local governmental and regulatory reserve requirements and cash held under the terms of certain contractual agreements. Restricted cash does not include required minimum balances or cash securing debt issued through securitization transactions.


(c)	Accumulated depreciation was $324 million and $343 million at September 30, 2014 and December 31, 2013, respectively.

Other liabilities and deferred income were as follows (in millions):



	September 30, 2014		December 31, 2013
Interest payable	$	620	$	615
Tax related payables to Ford and affiliated companies	726		941
Unrecognized tax benefits	88		101
Unearned insurance premiums	399		350
Other	481		515
Total other liabilities and deferred income	$	2,314	$	2,522

In the first nine months of 2014 and in the year ended December 31, 2013, we paid $262 million and $288 million, respectively, to Ford to settle tax related payables which were reflected in Other liabilities and deferred income. The payment in 2013 reduced the liability for unrecognized tax benefits reflecting the settlement of tax deficiencies related to the 2008 and 2009 tax years.