Ally Bank 2014 Annual Report Download - page 133

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Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K
121
13. Other Assets
The components of other assets were as follows.
December 31, ($ in millions) 2014 2013
Property and equipment at cost $ 775 $ 709
Accumulated depreciation (550) (474)
Net property and equipment 225 235
Restricted cash collections for securitization trusts (a) 2,221 3,664
Net deferred tax assets 1,812 2,040
Cash reserve deposits held-for-securitization trusts (b) 303 402
Other accounts receivable 298 290
Nonmarketable equity securities 271 337
Fair value of derivative contracts in receivable position (c) 263 362
Unamortized debt issuance costs 238 312
Collateral placed with counterparties 236 328
Restricted cash and cash equivalents 122 205
Other assets 1,313 1,414
Total other assets $ 7,302 $ 9,589
(a) Represents cash collection from customer payments on securitized receivables. These funds are distributed to investors as payments on the related secured
debt.
(b) Represents credit enhancement in the form of cash reserves for various securitization transactions.
(c) For additional information on derivative instruments and hedging activities, refer to Note 22.
14. Deposit Liabilities
Deposit liabilities consisted of the following.
December 31, ($ in millions)2014 2013
Noninterest-bearing deposits $64
$60
Interest-bearing deposits
Savings and money market checking accounts 26,769 21,210
Certificates of deposit 31,070 31,640
Dealer deposits 319 440
Total deposit liabilities $ 58,222 $ 53,350
At December 31, 2014, and December 31, 2013, certificates of deposit included $13.0 billion and $13.1 billion, respectively, of
certificates of deposit in denominations of $100 thousand or more.
The following table presents the scheduled maturity of total certificates of deposit.
($ in millions)
Due in 2015 $ 17,143
Due in 2016 9,150
Due in 2017 3,199
Due in 2018 1,235
Due in 2019 343
Total certificates of deposit $ 31,070