Accrued Expenses and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Accounts Payable and Accrued Liabilities [Abstract]

Schedule of Accrued Expenses and Other Liabilities

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

December 31, ($ in millions)	2024		2023
Unfunded commitments for proportional amortization investments (a)	$	1,019	$	973
Accounts payable	505		509
Employee compensation and benefits	424		409
Reserves for insurance losses and loss adjustment expenses (b)	189		140
Deferred revenue	122		103
Operating lease liabilities	111		113
Other liabilities	444		479
Total accrued expenses and other liabilities (c)	$	2,814	$	2,726

(a)Primarily relates to unfunded commitments for investments in qualified affordable housing projects.

(b)Refer to Note 6 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.