Short-Term Borrowings

12 Months Ended

Dec. 31, 2013

Short-term Debt [Abstract]

Short-term Debt [Text Block]

Short-term Borrowings

The following table presents the composition of our short-term borrowings portfolio.

	2013							2012
December 31, ($ in millions)	Unsecured		Secured (a)		Total			Unsecured		Secured (a)		Total
Demand notes	$	3,225	$	—	$	3,225		$	3,094	$	—	$	3,094
Bank loans and overdrafts	—		—		—			167		—		167
Federal Home Loan Bank	—		3,570		3,570			—		3,800		3,800
Securities sold under agreements to repurchase (b)	—		1,500		1,500			—		—		—
Other (c)	—		250		250			—		400		400
Total short-term borrowings	$	3,225	$	5,320	$	8,545		$	3,261	$	4,200	$	7,461
Weighted average interest rate (d)					0.8		%					1.0		%

(a) Refer to Note 15 for further details on assets restricted as collateral for payment of the related debt.

(b) We periodically enter into term repurchase agreements, short-term borrowing arrangements in which we sell financial instruments to one or more investors while simultaneously committing to repurchase them at a specified future date, at the stated price plus accrued interest. The financial instruments sold under agreement to repurchase typically consist of U.S. government and agency securities.

(c) Other relates to secured borrowings at our Commercial Finance Group.

(d) Based on the debt outstanding and the interest rate at December 31 of each year.