notes to consolidated financial statements the apex trusts and the 2012 trusts are delaware statutory trusts sponsored by the firm and wholly-owned finance subsidiaries of the firm for regulatory and legal purposes but are not consolidated for accounting purposes .the firm has covenanted in favor of the holders of group inc . 2019s 6.345% ( 6.345 % ) junior subordinated debt due february 15 , 2034 , that , subject to certain exceptions , the firm will not redeem or purchase the capital securities issued by the apex trusts or shares of group inc . 2019s series e or series f preferred stock prior to specified dates in 2022 for a price that exceeds a maximum amount determined by reference to the net cash proceeds that the firm has received from the sale of qualifying securities .junior subordinated debt issued in connection with trust preferred securities .group inc .issued $ 2.84 billion of junior subordinated debt in 2004 to goldman sachs capital i ( trust ) , a delaware statutory trust .the trust issued $ 2.75 billion of guaranteed preferred beneficial interests ( trust preferred securities ) to third parties and $ 85 million of common beneficial interests to group inc .and used the proceeds from the issuances to purchase the junior subordinated debt from group inc .during the second quarter of 2014 , the firm purchased $ 1.22 billion ( par amount ) of trust preferred securities and delivered these securities , along with $ 37.6 million of common beneficial interests , to the trust in the third quarter of 2014 in exchange for a corresponding par amount of the junior subordinated debt .following the exchange , these trust preferred securities , common beneficial interests and junior subordinated debt were extinguished and the firm recognized a gain of $ 289 million ( $ 270 million of which was recorded at extinguishment in the third quarter of 2014 ) , which is included in 201cmarket making 201d in the consolidated statements of earnings .subsequent to this exchange , during the second half of 2014 , the firm purchased $ 214 million ( par amount ) of trust preferred securities and delivered these securities , along with $ 6.6 million of common beneficial interests , to the trust in february 2015 in exchange for a corresponding par amount of the junior subordinated debt .the trust is a wholly-owned finance subsidiary of the firm for regulatory and legal purposes but is not consolidated for accounting purposes .the firm pays interest semi-annually on the junior subordinated debt at an annual rate of 6.345% ( 6.345 % ) and the debt matures on february 15 , 2034 .the coupon rate and the payment dates applicable to the beneficial interests are the same as the interest rate and payment dates for the junior subordinated debt .the firm has the right , from time to time , to defer payment of interest on the junior subordinated debt , and therefore cause payment on the trust 2019s preferred beneficial interests to be deferred , in each case up to ten consecutive semi-annual periods .during any such deferral period , the firm will not be permitted to , among other things , pay dividends on or make certain repurchases of its common stock .the trust is not permitted to pay any distributions on the common beneficial interests held by group inc .unless all dividends payable on the preferred beneficial interests have been paid in full .note 17 .other liabilities and accrued expenses the table below presents other liabilities and accrued expenses by type. .
[['$ in millions', 'as of december 2014', 'as of december 2013'], ['compensation and benefits', '$ 8368', '$ 7874'], ['noncontrolling interests1', '404', '326'], ['income tax-related liabilities', '1533', '1974'], ['employee interests in consolidated funds', '176', '210'], ['subordinated liabilities issued by consolidated vies', '843', '477'], ['accrued expenses and other', '4751', '5183'], ['total', '$ 16075', '$ 16044']]
1 .primarily relates to consolidated investment funds .goldman sachs 2014 annual report 163 .

Question: what percentage of total other liabilities and accrued expenses in 2014 are due to compensation and benefits?
Answer: 52%