Debt (Tables)

9 Months Ended

Sep. 30, 2013

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



	Interest Rates
	Average Contractual				Average Effective				Debt
	2013		2012		2013		2012		September 30, 2013			December 31, 2012
Short-term debt
Asset-backed commercial paper	0.3	%	0.4	%					$	4,036		$	5,752
Floating rate demand notes	1.1	%	1.1	%					5,352			4,890
Other asset-backed short-term debt	0.7	%	1.1	%					1,320			3,616
Commercial paper	1.0	%	1.2	%					2,067			1,686
Other short-term debt	5.0	%	4.7	%					1,896			1,434
Total short-term debt	1.3	%	1.1	%	1.4	%	1.1	%	14,671			17,378
Long-term debt
Senior indebtedness
Notes payable within one year									5,749			5,557
Notes payable after one year									36,401			31,656
Asset-backed debt
Notes payable within one year									16,714			13,788
Notes payable after one year									20,792			20,216
Unamortized discount									(103		)	(128		)
Fair value adjustments									259			791
Total long-term debt	3.3	%	3.8	%	3.5	%	4.1	%	79,812			71,880
Total debt	3.0	%	3.3	%	3.1	%	3.5	%	$	94,483		$	89,258

Fair value									$	97,492		$	92,799

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, 2013		December 31, 2012
Other short-term debt	$	25	$	28
Notes payable within one year	6		4
Notes payable after one year	308		340
Total debt with affiliated companies	$	339	$	372

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, 2013, maturities were as follows (in millions):



	2013 (a)		2014 (b)		2015		2016		2017		Thereafter (c)		Total
Unsecured debt	$	10,449	$	5,912	$	9,271	$	8,212	$	6,219	$	11,402	$	51,465
Asset-backed debt	7,398		17,146		9,333		6,266		2,028		691		42,862
Total	17,847		23,058		18,604		14,478		8,247		12,093		94,327
Unamortized discount													(103		)
Fair value adjustments													259
Total debt													$	94,483

__________


(a)	Includes $12,086 million for short-term and $5,761 million for long-term debt.


(b)	Includes $2,585 million for short-term and $20,473 million for long-term debt.


(c)	Includes $11,393 million of unsecured debt maturing between 2018 and 2023 with the remaining balance maturing after 2031.