Cash, Cash Equivalents, and Marketable Securities (Notes)

6 Months Ended

Jun. 30, 2016

CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES

The following tables categorize the fair values of cash, cash equivalents, and marketable securities measured at fair value on a recurring basis on our balance sheet (in millions):



		June 30, 2016						December 31, 2015
	Fair Value Level	Automotive		Financial Services		Consolidated		Automotive		Financial Services		Consolidated

Cash and cash equivalents
U.S. government	1	$	699	$	974	$	1,673	$	115	$	—	$	115
U.S. government agencies	2	400		55		455		22		—		22
Non-U.S. government and agencies	2	924		353		1,277		173		266		439
Corporate debt	2	125		65		190		20		—		20
Total marketable securities classified as cash equivalents		2,148		1,447		3,595		330		266		596
Cash, time deposits, and money market funds		7,345		6,123		13,468		5,056		8,620		13,676
Total cash and cash equivalents		$	9,493	$	7,570	$	17,063	$	5,386	$	8,886	$	14,272

Marketable securities
U.S. government	1	$	3,366	$	1,888	$	5,254	$	1,623	$	298	$	1,921
U.S. government agencies	2	4,228		1,556		5,784		5,240		1,169		6,409
Non-U.S. government and agencies	2	6,296		739		7,035		7,451		832		8,283
Corporate debt	2	3,573		290		3,863		3,279		384		3,663
Equities	1	207		—		207		240		—		240
Other marketable securities	2	47		44		91		348		40		388
Total marketable securities		$	17,717	$	4,517	$	22,234	$	18,181	$	2,723	$	20,904

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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