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Accounts Payable and Accrued Expenses (Tables)
9 Months Ended
Sep. 30, 2014
Accounts Payable and Accrued Expenses  
Summary of components of accounts payable and accrued expenses

 

 

 

 

September 30,

 

December 31,

 

 

 

2014

 

2013

 

 

 

(In millions)

 

Income taxes payable(1) 

 

$

477

 

$

 

Subservicing advance liabilities

 

333

 

302

 

Accounts payable

 

94

 

98

 

Repurchase eligible loans

 

80

 

94

 

Accrued payroll and benefits

 

76

 

62

 

Accrued interest

 

10

 

26

 

Other

 

2

 

1

 

Total

 

$

1,072

 

$

583

 

 

 

(1)       As of September 30, 2014, the balance reflects tax liabilities associated with the disposition of the Fleet business that were partially offset by a benefit for income taxes related to the loss from continuing operations during 2014.