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Other Assets and Other Liabilities and Deferred Income
12 Months Ended
Dec. 31, 2024
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 at December 31 were as follows (in millions):
20232024
Prepaid reinsurance premiums and other reinsurance recoverables$818 $876 
Accrued interest and other non-finance receivables677 666 
Collateral held for resale, at net realizable value426 392 
Property and equipment, net of accumulated depreciation (a)270 283 
Investment in non-consolidated affiliates167 182 
Deferred tax assets190 178 
Restricted cash137 88 
Operating lease assets53 40 
Other202 350 
Total other assets$2,940 $3,055 
__________
(a)Accumulated depreciation was $453 million and $448 million at December 31, 2023 and 2024, respectively.


Other liabilities and deferred revenue at December 31 were as follows (in millions):
20232024
Interest payable$963 $1,098 
Unearned insurance premiums and fees930 995 
Income tax and related interest (a)186 131 
Payroll and employee benefits96 86 
Operating lease liabilities55 42 
Other229 275 
Total other liabilities and deferred revenue$2,459 $2,627 
__________
(a)Includes tax and interest payable to affiliated companies of $62 million and $9 million at December 31, 2023 and 2024, respectively.