Accrued Expenses and Other Liabilities

6 Months Ended

Jun. 30, 2012

Accounts Payable and Accrued Liabilities [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

Accrued Expenses and Other Liabilities

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

($ in millions)	June 30, 2012		December 31, 2011
Fair value of derivative contracts in payable position	$	5,072	$	5,367
Collateral received from counterparties	969		1,410
Accounts payable	899		1,178
ResCap settlement accrual	750		—
Employee compensation and benefits	541		649
GM payable, net	377		228
Non-income tax payable	281		296
Current income tax payable	181		200
Reserve for mortgage representation and warranty obligation	124		825
Deferred revenue	104		86
Deferred income tax liability	100		111
Loan repurchase liabilities	—		2,387
Other liabilities	800		1,347
Total accrued expenses and other liabilities	$	10,198	$	14,084