Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table categorizes the fair values of items measured at fair value on a recurring basis on our balance sheet, none of which are Level 3 (in millions):

	March 31, 2014						December 31, 2013
	Level 1		Level 2		Total		Level 1		Level 2		Total
Assets
Cash equivalents-financial instruments
Non-U.S. government	$	—	$	75	$	75	$	—	$	24	$	24
Total cash equivalents-financial instruments (a)	—		75		75		—		24		24
Marketable securities
U.S. government	794		—		794		418		—		418
U.S. government-sponsored enterprises	—		340		340		—		25		25
Non-U.S. government agencies (b)	—		303		303		—		128		128
Corporate debt	—		1,246		1,246		—		1,273		1,273
Mortgage-backed and other asset-backed	—		41		41		—		43		43
Non-U.S. government	—		93		93		—		56		56
Total marketable securities	794		2,023		2,817		418		1,525		1,943
Derivative financial instruments
Interest rate contracts	—		663		663		—		584		584
Foreign currency exchange contracts	—		4		4		—		1		1
Cross-currency interest rate swap contracts	—		1		1		—		—		—
Total derivative financial instruments	—		668		668		—		585		585
Total assets at fair value	$	794	$	2,766	$	3,560	$	418	$	2,134	$	2,552
Liabilities
Derivative financial instruments
Interest rate contracts	$	—	$	284	$	284	$	—	$	305	$	305
Foreign currency exchange contracts	—		21		21		—		25		25
Cross-currency interest rate swap contracts	—		165		165		—		176		176
Total derivative financial instruments	—		470		470		—		506		506
Total liabilities at fair value	$	—	$	470	$	470	$	—	$	506	$	506

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(a) Excludes time deposits, certificates of deposit, and money market accounts reported at par value on our balance sheet totaling $6.2 billion and $6.6 billion at March 31, 2014 and December 31, 2013, respectively. In addition to these cash equivalents, we also had cash on hand totaling $2.1 billion and $2.8 billion at March 31, 2014 and December 31, 2013, respectively.

(b) Includes notes issued by non-U.S. government agencies, as well as notes issued by supranational institutions.