December 31, (in millions) | 2013 | 2012 | ||||||
Brokerage payables(a) | $ | 116,391 | $ | 108,398 | ||||
Accounts payable and other liabilities(b) | 78,100 | 86,842 | ||||||
Total | $ | 194,491 | $ | 195,240 | ||||
(a) | Includes payables to customers, brokers, dealers and clearing organizations, and securities fails. |
(b) | Includes $25 million and $36 million accounted for at fair value at December 31, 2013 and 2012, respectively. |