Other Assets and Other Liabilities and Deferred Income (Tables)

6 Months Ended

Jun. 30, 2024

Other Assets and Other Liabilities and Deferred Income [Abstract]

Schedule of Other Assets and Other Liabilities [Table Text Block]

Other assets and Other liabilities 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, 2023		June 30, 2024
Prepaid reinsurance premiums and other reinsurance recoverables	$	818	$	843
Accrued interest and other non-finance receivables	677		737
Collateral held for resale, at net realizable value	426		398
Property and equipment, net of accumulated depreciation (a)	270		289
Investment in non-consolidated affiliates	167		175
Deferred tax assets	190		156
Restricted cash	137		105
Operating lease assets	53		44
Other	202		291
Total other assets	$	2,940	$	3,038

__________

(a)Accumulated depreciation was $453 million and $473 million at December 31, 2023 and June 30, 2024, respectively.

Other liabilities were as follows (in millions):

	December 31, 2023		June 30, 2024
Interest payable	$	963	$	1,058
Unearned insurance premiums and fees	930		957
Income tax and related interest (a)	186		185
Payroll and employee benefits	96		92
Operating lease liabilities	55		46
Other	229		317
Total other liabilities	$	2,459	$	2,655

__________

(a)Includes income tax and interest payable to affiliated companies of $62 million and $40 million at December 31, 2023 and June 30, 2024, respectively.