Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2020

Other Liabilities Disclosure [Abstract]

Summary of other liabilities

The following is a summary of Other liabilities as of December 31:

(Millions)	2020		2019
Membership Rewards liability	$	9,750	$	8,892
Employee-related liabilities(a)	2,336		2,429
Card Member rebate and reward accruals(b)	1,367		1,790
Income tax liability(c)	943		1,122
Other(d)	12,838		10,715
Total	$	27,234	$	24,948

(a)Includes employee benefit plan obligations and incentive compensation.

(b)Card Member rebate and reward accruals include payments to third-party reward partners and cash-back rewards.

(c)Includes repatriation tax liability of $1,012 million as of both December 31, 2020 and 2019, which represents our remaining obligation under the Tax Cuts and Jobs Act enacted on December 22, 2017 (Tax Act) to pay a one-time transition tax on unrepatriated earnings and profits of certain foreign subsidiaries, the net position for current federal, state and non-U.S. income tax liabilities, and deferred tax liabilities for foreign jurisdictions.

(d)Primarily includes book overdraft balances, net deferred card and other fees, Travelers Cheques and other prepaid products, lease liabilities, derivative and hedge liabilities, dividends payable, client incentives and restructuring and reengineering reserves.

Carrying amount of deferred charge card and other fees

The carrying amount of deferred card and other fees, net of deferred direct acquisition costs and reserves for membership cancellations as of December 31, was as follows:

(Millions)	2020		2019
Deferred card and other fees(a)	$	2,639	$	2,532
Deferred direct acquisition costs	(166)		(270)
Reserves for membership cancellations	(191)		(200)
Deferred card and other fees, net	$	2,282	$	2,062

(a)Includes deferred fees for Membership Rewards program participants.