Accrued Expenses and Other Liabilities (Tables)

6 Months Ended

Jun. 30, 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)	June 30, 2014		December 31, 2013
Accounts payable	$	435	$	414
Reserves for insurance losses and loss adjustment expenses	283		275
Employee compensation and benefits	235		437
Fair value of derivative contracts in payable position (a)	205		317
Deferred revenue	139		122
Collateral received from counterparties	48		159
Other liabilities (b)	464		673
Total accrued expenses and other liabilities	$	1,809	$	2,397

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

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