Accrued Expenses and Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2021

Accounts Payable and Accrued Liabilities [Abstract]

Schedule of Accrued Expenses and Other Liabilities

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

($ in millions)	September 30, 2021		December 31, 2020
Accounts payable	$	1,296	$	602
Unfunded commitments for investment in qualified affordable housing projects	729		525
Employee compensation and benefits	450		316
Operating lease liabilities	175		187
Deferred revenue	169		104
Reserves for insurance losses and loss adjustment expenses	125		129
Fair value of derivative contracts in payable position (a)	61		33
Net deferred tax liabilities	13		92
Cash collateral received from counterparties	8		6
Other liabilities	520		440
Total accrued expenses and other liabilities	$	3,546	$	2,434

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