Other Assets

The following table presents the components of other assets as of the dates indicated:



(In millions)	December 31, 2017		December 31, 2016
Receivable - securities lending⁽¹⁾	$	19,404	$	21,204
Derivative instruments, net	4,013		7,321
Bank-owned life insurance	3,242		3,158
Investments in joint ventures and other unconsolidated entities	2,259		2,363
Collateral, net	473		2,236
Prepaid expenses	364		333
Accounts receivable	348		886
Receivable for securities settlement	188		40
Deposits with clearing organizations	120		132
Deferred tax assets, net of valuation allowance⁽²⁾	113		210
Income taxes receivable	97		106
Other⁽³⁾	397		339
Total	$	31,018	$	38,328

⁽¹⁾ Refer to Note 11 for further information on the impact of collateral on our financial statement presentation of securities borrowing transactions.

⁽²⁾Deferred tax assets and liabilities recorded in our consolidated statement of condition are netted within the same tax jurisdiction. Gross deferred tax assets and liabilities are presented in Note 22.

⁽³⁾ In 2017, includes amounts held in escrow accounts at third parties related to the negotiated settlements in the transition management legal matter presented in Note 13.