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Other Liabilities
 12 Months Ended
Dec. 31, 2014
Other Liabilities Disclosure [Abstract]  
Other Liabilities

Note 15.    Other Liabilities

Other liabilities consisted of the following (in millions):

 

     December 31,  
     2014      2013  

Deferred gains on asset sales

    $ 1,079       $ 870   

SPG point liability (a)

      721         780   

Deferred revenue including VOI and residential sales

      52         37   

Benefit plan liabilities

      53         46   

Deferred rent

      30         53   

Insurance reserves

      44         44   

Other

      90         74   
  

 

 

     

 

 

  
   $ 2,069       $ 1,904   
  

 

 

     

 

 

  

 

(a) Includes the actuarially determined liability and certain deferred revenues related to the SPG program.

We defer gains realized in connection with the sale of a property for which we continue to manage through a long-term management agreement and recognize the gains over the initial term of the related agreement (see Note 10).