(In millions) | 2013 | 2012 | |||||
Collateral deposits, net | $ | 13,706 | $ | 7,649 | |||
Unrealized gains on derivative financial instruments, net | 5,476 | 4,556 | |||||
Bank-owned life insurance(1) | 2,343 | 2,000 | |||||
Investments in joint ventures and other unconsolidated entities | 1,644 | 1,405 | |||||
Accounts receivable | 950 | 511 | |||||
Income taxes receivable | 337 | 252 | |||||
Prepaid expenses | 286 | 267 | |||||
Deferred tax assets, net of valuation allowance(2) | 263 | 353 | |||||
Receivable for securities settlement | 195 | 33 | |||||
Deposits with clearing organizations | 177 | 174 | |||||
Other(3) | 613 | 816 | |||||
Total | $ | 25,990 | $ | 18,016 | |||
(1) | Represented the cash surrender values of a bankruptcy-remote, separate-account policy, and a general-account policy, both composed of aggregate life insurance coverage purchased by State Street Bank on certain of its employees, where State Street Bank is the sole beneficiary. The separate account mainly included cash and highly-rated investment securities carried at fair value. |
(2) | Deferred tax assets and liabilities recorded in our consolidated statement of condition are netted within the same tax jurisdiction. Gross deferred tax assets and liabilities are presented in note 23. |
(3) | Included other real estate owned of approximately $59 million and $65 million as of December 31, 2013 and December 31, 2012, respectively. |