Debt (Tables)

3 Months Ended

Mar. 31, 2015

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
	2015		2014		2015		2014		March 31, 2015			December 31, 2014
Short-term debt
Unsecured debt
Floating rate demand notes									$	5,731		$	5,559
Commercial paper									1,986			1,651
Other short-term debt									2,340			2,564
Asset-backed debt									1,541			1,377
Total short-term debt	1.8	%	1.9	%	1.8	%	1.9	%	11,598			11,151
Long-term debt
Unsecured debt
Notes payable within one year									7,845			9,102
Notes payable after one year									45,493			42,488
Asset-backed debt
Notes payable within one year									17,567			16,722
Notes payable after one year									25,999			25,197
Unamortized discount									(45		)	(51		)
Fair value adjustments									619			428
Total long-term debt	2.6	%	2.7	%	2.7	%	2.8	%	97,478			93,886
Total debt	2.5	%	2.6	%	2.6	%	2.7	%	$	109,076		$	105,037
Fair value of debt									$	111,268		$	107,190
Interest rate characteristics of debt payable after one year
Fixed interest rate									51,962			49,148
Variable interest rate (generally based on LIBOR or other short-term rates)									19,530			18,537
Total payable after one year									$	71,492		$	67,685

Schedule of Debt with Affilated Companies [Table Text Block]

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

	March 31, 2015		December 31, 2014
Other short-term debt	$	92	$	13
Notes payable within one year	202		307
Notes payable after one year	4		5
Total debt with affiliated companies	$	298	$	325

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 March 31, 2015, maturities were as follows (in millions):

	2015 (a)		2016 (b)		2017		2018		2019		Thereafter (c)		Total
Unsecured debt	$	16,036	$	10,628	$	12,044	$	7,968	$	5,418	$	11,301	$	63,395
Asset-backed debt	14,204		14,632		8,477		2,265		2,906		2,623		45,107
Total	30,240		25,260		20,521		10,233		8,324		13,924		108,502
Unamortized discount													(45		)
Fair value adjustments													619
Total debt													$	109,076

__________

(a) Includes $10,914 million for short-term and $19,326 million for long-term debt.

(b) Includes $684 million for short-term and $24,576 million for long-term debt.

(c) Includes $11,284 million of unsecured debt maturing between 2020 and 2025 with the remaining balance maturing after 2032.