Accrued Expenses and Other Liabilities

9 Months Ended

Sep. 30, 2014

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, 2014		December 31, 2013
Accounts payable	$	333	$	414
Fair value of derivative contracts in payable position (a)	299		317
Employee compensation and benefits	255		437
Reserves for insurance losses and loss adjustment expenses	229		275
Deferred revenue	147		122
Collateral received from counterparties	17		159
Other liabilities (b)	409		673
Total accrued expenses and other liabilities	$	1,689	$	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.