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 at December 31 were as follows (in millions):



	2016		2017
Accrued interest and other non-finance receivables	$	889	$	1,117
Collateral held for resale, at net realizable value, and other inventory	621		780
Prepaid reinsurance premiums and other reinsurance recoverables	546		611
Deferred charges – income taxes	205		247
Property and equipment, net of accumulated depreciation (a)	156		177
Deferred charges	122		127
Restricted cash (b)	108		124
Investment in non-consolidated affiliates	153		107
Other	22		39
Total other assets	$	2,822	$	3,329

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(a)	Accumulated depreciation was $347 million and $354 million at December 31, 2016 and 2017, 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 at December 31 were as follows (in millions):



	2016		2017
Unearned insurance premiums and fees	$	650	$	723
Interest payable	661		722
Income tax and related interest (a)	294		301
Deferred revenue	143		148
Payroll and employee benefits	51		68
Other	198		310
Total other liabilities and deferred income	$	1,997	$	2,272

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(a)	Includes tax and interest payable to affiliated companies of $96 million and $99 million at December 31, 2016 and 2017 respectively.

Deferred revenue balances presented above include amounts from contracts with customers primarily related to admission fee revenue on group financing products available in Argentina and were $120 million, $120 million, and $124 million at December 31, 2016, January 1, 2017, and December 31, 2017, respectively. The January 1, 2017 balance reflects adoption of the new revenue recognition standard. See Note 2 for additional information.

Admission fee revenue on group financing products is generally recognized evenly over the term of the agreement, which is up to 84 months. Increases in the admission fee deferred revenue balance are the result of payments due during the current period in advance of satisfying our performance under the contract and decreases are a result of revenue recognized during the current period that was previously deferred. The total amount of admission fee revenue recognized for the full year 2017 that was included in the beginning balance of deferred revenue at January 1, 2017 was $27 million.