Accrued Expenses and Other Liabilities

12 Months Ended

Dec. 31, 2011

Payables and Accruals [Abstract]

Accrued Expenses and Other Liabilities

19.    Accrued Expenses and Other Liabilities

The components of accrued expenses and other liabilities were as follows.

December 31, ($ in millions)	2011		2010
Fair value of derivative contracts in payable position	$	5,367	$	3,860
Loan repurchase liabilities	2,387		2,500
Collateral received from counterparties	1,410		916
Accounts payable	1,178		1,267
Reserve for mortgage representation and warranty obligation	825		830
Employee compensation and benefits	649		591
Non-income tax payable	296		339
GM payable, net	228		202
Regulatory penalties imposed in foreclosure related matters	223		—
Current income tax payable	200		308
Deferred income tax liability	111		—
Securitization trustee payable	87		179
Deferred revenue	86		85
Reinsurance payable	79		91
Other liabilities	958		958
Total accrued expenses and other liabilities	$	14,084	$	12,126