Accrued Expenses and Other Liabilities

9 Months Ended

Sep. 30, 2013

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)	September 30, 2013		December 31, 2012
Accrual related to ResCap Settlement (a)	$	1,950	$	750
Accounts payable	513		565
Employee compensation and benefits	462		494
Reserves for insurance losses and loss adjustment expenses	299		341
Fair value of derivative contracts in payable position	228		2,468
Collateral received from counterparties	125		941
Other liabilities (b)	1,259		1,026
Total accrued expenses and other liabilities	$	4,836	$	6,585

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

(b) Includes $150 million and $0 accrual for insurance proceeds to be contributed to the ResCap estate at September 30, 2013 and December 31, 2012, respectively. Refer to Note 1 for more information regarding the Debtors' bankruptcy, deconsolidation, and this accrual.