Other Assets and Other Liabilities and Deferred Income

6 Months Ended

Jun. 30, 2022

Other Assets and Other Liabilities and Deferred Income [Abstract]

OTHER ASSETS AND OTHER LIABILITIES AND DEFERRED INCOME

OTHER ASSETS AND OTHER LIABILITIES AND DEFERRED REVENUE

Other assets and other liabilities and deferred revenue 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, 2021		June 30, 2022
Prepaid reinsurance premiums and other reinsurance recoverables	$	743	$	761
Accrued interest and other non-finance receivables	584		563
Property and equipment, net of accumulated depreciation (a)	224		220
Deferred charges - income taxes	190		216
Collateral held for resale, at net realizable value	258		186
Investment in non-consolidated affiliates	133		152
Restricted cash	128		108
Operating lease assets	76		67
Other	188		211
Total other assets	$	2,524	$	2,484

__________

(a)Accumulated depreciation was $397 million and $404 million at December 31, 2021 and June 30, 2022, respectively.

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

	December 31, 2021		June 30, 2022
Unearned insurance premiums and fees	$	857	$	874
Interest payable	667		544
Income tax and related interest (a)	229		262
Operating lease liabilities	78		69
Deferred revenue	62		24
Other	273		214
Total other liabilities and deferred revenue	$	2,166	$	1,987

__________

(a)Includes income tax and interest payable to affiliated companies of $101 million and $155 million at December 31, 2021 and June 30, 2022, respectively.