OTHER ASSETS AND OTHER LIABILITIES AND DEFERRED INCOME

Other assets and other liabilities and deferred income consist of various balance sheet items that are combined for financial statement presentation due to their respective materiality compared with other individual asset and liability items. This footnote provides more information contained within the combined items.

Other assets at December 31 were as follows (in millions):



	2011		2010
Accrued interest and other non-finance receivables	$	635	$	950
Collateral held for resale, at net realizable value	374		346
Restricted cash (a)	121		271
Deferred charges	281		287
Deferred charges – income taxes	156		273
Prepaid reinsurance premiums and other reinsurance receivables	252		227
Investment in non-consolidated affiliates	141		130
Property and equipment, net of accumulated depreciation (b)	137		146
Other (c)	75		361
Total other assets	$	2,172	$	2,991


(a)	Restricted cash primarily includes cash held to meet certain local governmental and regulatory reserve requirements. At December 31, 2010, restricted cash also included cash collateral required to be held against loans with the European Investment Bank. Restricted cash does not include required minimum balances or cash securing debt issued through securitization transactions.


(b)	Accumulated depreciation was $383 million and $369 million, at December 31, 2011 and 2010, respectively.


(c)	At December 31, 2010, includes $296 million of other finance receivables related to certain used vehicles from daily rental fleet companies where we are serving as Ford’s agent. At December 31, 2011, the associated receivables of $265 million are reported in Finance receivables, net.

Other liabilities and deferred income at December 31 were as follows (in millions):



	2011		2010
Interest payable	$	812	$	991
Deferred interest supplements and residual support payments on net investment in operating leases	962		863
Income taxes payable to Ford and affiliated companies (a)	660		1,348
Unrecognized tax benefits	535		533
Unearned insurance premiums	266		251
Other	358		325
Total other liabilities and deferred income	$	3,593	$	4,311

(a)

In 2011, we paid $1.4 billion to Ford in accordance with our intercompany tax sharing agreement with Ford. During the second quarter of 2010, we purchased $1.3 billion principal amount of Ford's Amortizing Guaranteed Secured Notes ("VEBA Note A") issued to the UAW Retiree Medical Benefits Trust for $1.3 billion and immediately transferred the note to Ford in satisfaction of $1.3 billion of our tax liabilities to Ford.