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Accrued Expenses and Other Liabilities
9 Months Ended
Sep. 30, 2024
Accounts Payable and Accrued Liabilities [Abstract]  
Accrued Expenses and Other Liabilities Accrued Expenses and Other Liabilities
The components of accrued expenses and other liabilities were as follows.
($ in millions)
September 30, 2024December 31, 2023
Unfunded commitments for proportional amortization investments (a)$980 $973 
Accounts payable545 509 
Employee compensation and benefits359 409 
Reserves for insurance losses and loss adjustment expenses (b)197 140 
Deferred revenue113 103 
Operating lease liabilities105 113 
Other liabilities470 479 
Total accrued expenses and other liabilities (c)$2,769 $2,726 
(a)Primarily relates to unfunded commitments for investments in qualified affordable housing projects.
(b)Refer to Note 5 for further information.
(c)Excludes Ally Lending accrued expenses and other liabilities, which were transferred to liabilities of operations held-for-sale as of December 31, 2023. We closed the sale of Ally Lending on March 1, 2024. Refer to Note 2 for additional information.