Accrued Expenses and Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Accounts Payable and Accrued Liabilities [Abstract]

Schedule of Accrued Liabilities

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

($ in millions)	June 30, 2020		December 31, 2019
Accounts payable	$	904	$	535
Unfunded commitments for investment in qualified affordable housing projects	397		372
Employee compensation and benefits	229		296
Reserves for insurance losses and loss adjustment expenses	132		122
Deferred revenue	76		36
Net deferred tax liabilities	24		67
Cash collateral received from counterparties	12		48
Fair value of derivative contracts in payable position (a)	2		5
Other liabilities	523		491
Total accrued expenses and other liabilities	$	2,299	$	1,972

(a)

For additional information on derivative instruments and hedging activities, refer to Note 18.