Accrued Expenses and Other Liabilities Accrued Expenses and Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2012

Accounts Payable and Accrued Liabilities [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

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

($ in millions)	September 30, 2012		December 31, 2011
Fair value of derivative contracts in payable position	$	4,711	$	5,367
Collateral received from counterparties	942		1,410
Accounts payable	876		1,178
ResCap settlement accrual (a)	750		—
Employee compensation and benefits	607		649
GM payable, net	368		228
Non-income tax payable	283		296
Current income tax payable	235		200
Reserve for mortgage representation and warranty obligation	127		825
Deferred revenue	119		86
Deferred income tax liability	95		111
Loan repurchase liabilities	—		2,387
Other liabilities	849		1,347
Total accrued expenses and other liabilities	$	9,962	$	14,084

(a) Refer to Note 1 for more information regarding the Debtors' bankruptcy, deconsolidation, and this accrual.