Accrued Expenses and Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2014

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)	March 31, 2014		December 31, 2013
Accounts payable	$	391	$	414
Employee compensation and benefits	284		437
Reserves for insurance losses and loss adjustment expenses	261		275
Fair value of derivative contracts in payable position (a)	252		317
Deferred revenue	129		122
Collateral received from counterparties	60		159
Other liabilities (b)	586		673
Total accrued expenses and other liabilities	$	1,963	$	2,397

(a) For additional information on derivative instruments and hedging activities, refer to Note 19.

(b) Included $124 million and $150 million accrual for insurance proceeds to be contributed to the ResCap estate at March 31, 2014 and December 31, 2013, respectively. The outstanding accrual at March 31, 2014, was paid in April 2014.