Debt (Tables)

3 Months Ended

Mar. 31, 2013

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



	Interest Rates
	Average Contractual				Average Effective				Debt
	2013		2012		2013		2012		March 31, 2013			December 31, 2012
Short-term debt
Asset-backed commercial paper	0.3	%	0.4	%					$	5,736		$	5,752
Floating rate demand notes	1.1	%	1.1	%					5,079			4,890
Other asset-backed short-term debt	0.9	%	1.1	%					2,042			3,616
Commercial paper	1.1	%	1.2	%					1,685			1,686
Other short-term debt	3.9	%	4.7	%					1,772			1,434
Total short-term debt	1.1	%	1.1	%	1.1	%	1.1	%	16,314			17,378
Long-term debt
Senior indebtedness
Notes payable within one year									4,771			5,557
Notes payable after one year									33,069			31,656
Asset-backed debt
Notes payable within one year									16,760			13,788
Notes payable after one year									18,640			20,216
Unamortized discount									(119		)	(128		)
Fair value adjustments									683			791
Total long-term debt	3.5	%	3.8	%	3.7	%	4.1	%	73,804			71,880
Total debt	3.1	%	3.3	%	3.2	%	3.5	%	$	90,118		$	89,258

Fair value									$	93,338		$	92,799

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



	March 31, 2013		December 31, 2012
Other short-term debt	$	156	$	28
Notes payable within one year	—		4
Notes payable after one year	364		340
Total debt with affiliated companies	$	520	$	372

Debt Maturities. Short-term and long-term debt matures at various dates through 2048. At March 31, 2013, maturities were as follows (in millions):

__________


(a)	Includes $15,733 million for short-term and $14,668 million for long-term debt.


(b)	Includes $581 million for short-term and $18,299 million for long-term debt.


(c)	Includes $8,966 million of unsecured debt maturing between 2018 and 2023 with the remaining balance maturing after 2031.