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):



	December 31, 2015		December 31, 2014
Accrued interest and other non-finance receivables	$	763	$	921
Collateral held for resale, at net realizable value	498		382
Prepaid reinsurance premiums and other reinsurance receivables	472		401
Property and equipment, net of accumulated depreciation (a)	142		120
Deferred charges – income taxes	135		185
Investment in non-consolidated affiliates	133		141
Deferred charges	63		268
Restricted cash (b)	56		130
Other	24		53
Total other assets	$	2,286	$	2,601

__________


(a)	Accumulated depreciation was $335 million and $326 million at December 31, 2015 and 2014, respectively.


(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.

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



	December 31, 2015		December 31, 2014
Interest payable	$	553	$	587
Unearned insurance premiums	484		410
Tax related payables to Ford and affiliated companies	105		625
Unrecognized tax benefits	75		91
Other	448		497
Total other liabilities and deferred income	$	1,665	$	2,210