Debt (Tables)

9 Months Ended

Sep. 30, 2014

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
	2014		2013		2014		2013		September 30, 2014			December 31, 2013
Short-term debt
Asset-backed commercial paper	—		0.2	%					$	—		$	3,364
Floating rate demand notes	1.1	%	1.1	%					5,689			5,319
Other asset-backed short-term debt	0.6	%	0.7	%					1,375			1,963
Commercial paper	0.7	%	0.9	%					2,137			2,003
Other short-term debt	5.0	%	5.3	%					2,952			2,372
Total short-term debt	1.9	%	1.5	%	1.9	%	1.5	%	12,153			15,021
Long-term debt
Unsecured debt
Notes payable within one year									9,679			4,479
Notes payable after one year									40,590			38,617
Asset-backed debt
Notes payable within one year									16,561			17,322
Notes payable after one year									24,797			23,238
Unamortized discount									(57		)	(87		)
Fair value adjustments									228			103
Total long-term debt	2.8	%	3.0	%	2.9	%	3.2	%	91,798			83,672
Total debt	2.7	%	2.8	%	2.8	%	3.0	%	$	103,951		$	98,693
Fair value of debt									$	106,544		$	101,866

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, 2014		December 31, 2013
Other short-term debt	$	17	$	27
Notes payable within one year	318		4
Notes payable after one year	6		307
Total debt with affiliated companies	$	341	$	338

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, 2014, maturities were as follows (in millions):

	2014 (a)		2015 (b)		2016		2017		2018		Thereafter (c)		Total
Unsecured debt	$	9,848	$	11,413	$	10,385	$	10,696	$	5,958	$	12,747	$	61,047
Asset-backed debt	4,436		16,898		11,865		6,716		759		2,059		42,733
Total	14,284		28,311		22,250		17,412		6,717		14,806		103,780
Unamortized (discount)/premium													(57		)
Fair value adjustments													228
Total debt													$	103,951

__________

(a) Includes $9,575 million for short-term and $4,709 million for long-term debt.

(b) Includes $2,578 million for short-term and $25,733 million for long-term debt.

(c) Includes $12,731 million of unsecured debt maturing between 2019 and 2024 with the remaining balance maturing after 2031.