Debt (Tables)

9 Months Ended

Sep. 30, 2012

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Interest rates and debt outstanding were as follows (in millions):

	Interest Rates
	Average Contractual				Average Effective				Debt
	2012		2011		2012		2011		September 30, 2012			December 31, 2011
Short-term debt
Asset-backed commercial paper	0.4	%	0.3	%					$	5,824		$	6,835
Floating rate demand notes	1.1	%	1.3	%					4,962			4,713
Other asset-backed short-term debt	1.3	%	1.5	%					766			2,741
Unsecured commercial paper	1.6	%	5.4	%					1,176			156
Other short-term debt	6.0	%	7.0	%					1,347			1,579
Total short-term debt	1.3	%	1.4	%	1.3	%	1.4	%	14,075			16,024
Long-term debt
Senior indebtedness
Notes payable within one year									3,078			6,127
Notes payable after one year									32,381			24,892
Asset-backed debt
Notes payable within one year									14,815			16,526
Notes payable after one year									19,636			20,558
Unamortized discount									(138		)	(149		)
Fair value adjustments									867			681
Total long-term debt	3.8	%	4.2	%	4.2	%	4.6	%	70,639			68,635
Total debt	3.4	%	3.7	%	3.7	%	4.0	%	$	84,714		$	84,659
Fair value of debt									$	88,187		$	86,785

Schedule of Debt with Affilated Companies [Table Text Block]

Debt with affiliated companies included in the above table was as follows (in millions):

	September 30, 2012		December 31, 2011
Other short-term debt	$	46	$	48
Notes payable within one year	78		466
Notes payable after one year	236		91
Total debt with affiliated companies	$	360	$	605

Schedule of Maturities of Long-term Debt [Table Text Block]

Debt Maturities. Short-term and long-term debt matures at various dates through 2048. At September 30, 2012, maturities were as follows (in millions):

	2012 (a)		2013 (b)			2014			2015			2016			Thereafter (c)			Total
Unsecured debt	$	6,539	$	6,649		$	3,694		$	8,878		$	4,807		$	12,377		$	42,944
Asset-backed debt	9,111		14,731			11,112			3,723			869			1,495			41,041
Unamortized (discount)/premium (d)	—		(6		)	(86		)	(18		)	(13		)	(15		)	(138		)
Fair value adjustments (d)	—		43			29			93			46			656			867
Total debt	$	15,650	$	21,417		$	14,749		$	12,676		$	5,709		$	14,513		$	84,714

__________

(a) Includes $10,970 million for short-term and $4,680 million for long-term debt.

(b) Includes $3,105 million for short-term and $18,312 million for long-term debt.

(c) Includes $10,449 million of unsecured debt maturing between 2017 and 2021 with the remaining balance maturing after 2031.

(d) Presented based on maturity date of related debt.