Accrued Expenses and Other Liabilities

9 Months Ended

Sep. 30, 2020

Accounts Payable and Accrued Liabilities [Abstract]

Accounts Payable and Accrued Liabilities Disclosure

Accrued Expenses and Other Liabilities

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

($ in millions)	September 30, 2020		December 31, 2019
Accounts payable	$	1,761	$	535
Unfunded commitments for investment in qualified affordable housing projects	455		372
Employee compensation and benefits	271		296
Reserves for insurance losses and loss adjustment expenses	125		122
Deferred revenue	89		36
Net deferred tax liabilities	27		67
Cash collateral received from counterparties	17		48
Fair value of derivative contracts in payable position (a)	4		5
Other liabilities	572		491
Total accrued expenses and other liabilities	$	3,321	$	1,972

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