Debt (Tables)

6 Months Ended

Jun. 30, 2013

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



	Interest Rates
	Average Contractual				Average Effective				Debt
	2013		2012		2013		2012		June 30, 2013			December 31, 2012
Short-term debt
Asset-backed commercial paper	0.3	%	0.4	%					$	4,813		$	5,752
Floating rate demand notes	1.1	%	1.1	%					5,183			4,890
Other asset-backed short-term debt	1.0	%	1.1	%					733			3,616
Commercial paper	1.2	%	1.2	%					1,535			1,686
Other short-term debt	4.8	%	4.7	%					1,237			1,434
Total short-term debt	1.2	%	1.1	%	1.2	%	1.1	%	13,501			17,378
Long-term debt
Senior indebtedness
Notes payable within one year									5,967			5,557
Notes payable after one year									34,133			31,656
Asset-backed debt
Notes payable within one year									16,544			13,788
Notes payable after one year									20,576			20,216
Unamortized discount									(109		)	(128		)
Fair value adjustments									210			791
Total long-term debt	3.4	%	3.8	%	3.5	%	4.1	%	77,321			71,880
Total debt	3.0	%	3.3	%	3.2	%	3.5	%	$	90,822		$	89,258

Fair value									$	93,425		$	92,799

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



	June 30, 2013		December 31, 2012
Other short-term debt	$	20	$	28
Notes payable within one year	8		4
Notes payable after one year	351		340
Total debt with affiliated companies	$	379	$	372

Debt Maturities. Short-term and long-term debt matures at various dates through 2048. At June 30, 2013, maturities were as follows (in millions):

__________


(a)	Includes $12,698 million for short-term and $11,306 million for long-term debt.


(b)	Includes $803 million for short-term and $19,105 million for long-term debt.


(c)	Includes $9,729 million of unsecured debt maturing between 2018 and 2023 with the remaining balance maturing after 2031.