Derivatives and Hedging Activities (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Derivatives and Hedging Activities

Contract Amounts of Foreign Contracts, Interest Rate Swaps, Cross Currency Swaps and Commodity Futures

	Yen (millions)
	2011		2010
Forward:
To sell foreign currencies		397,580		375,430
To buy foreign currencies		225,444		196,439
Cross currency swaps		47,668		31,797
Interest rate swaps		31,170		33,702
Commodity futures:
To sell commodity		128,411		40,194
To buy commodity		160,483		113,682

Fair Values of Derivative Instruments

	Yen (millions)
	Asset derivatives				Liability derivatives
	Consolidated balance sheet location		Fair value		Consolidated balance sheet location		Fair value
Derivatives designated as hedging instruments under ASC 815:
Foreign exchange contracts		Other current assets		252		Other current liabilities		(4,584	)
Commodity futures		Other current assets		15,658		Other current liabilities		(601	)
Total derivatives designated as hedging instruments under ASC 815				15,910				(5,185	)
Derivatives not designated as hedging instruments under ASC 815:
Foreign exchange contracts		Other current assets		1,619		Other current liabilities		(3,238	)
Cross currency swaps		—		—		Other current liabilities		(462	)
Interest rate swaps		Other current assets		0		—		—
Commodity futures		Other current assets		4,732		Other current liabilities		(4,732	)
Total derivatives not designated as hedging instruments under ASC 815				6,351				(8,432	)
Total derivatives				22,261				(13,617	)

	Yen (millions)
	Asset derivatives				Liability derivatives
	Consolidated balance sheet location		Fair value		Consolidated balance sheet location		Fair value
Derivatives designated as hedging instruments under ASC 815:
Foreign exchange contracts		Other current assets		415		Other current liabilities		(1,971	)
Commodity futures		Other current assets		11,330		Other current liabilities		(3,345	)
Total derivatives designated as hedging instruments under ASC 815				11,745				(5,316	)
Derivatives not designated as hedging instruments under ASC 815:
Foreign exchange contracts		Other current assets		8,590		Other current liabilities		(2,307	)
Cross currency swaps		—		—		Other current liabilities		(283	)
Interest rate swaps		Other current assets		23		—		—
Commodity futures		Other current assets		1,231		Other current liabilities		(1,231	)
Total derivatives not designated as hedging instruments under ASC 815				9,844				(3,821	)
Total derivatives				21,589				(9,137	)

Schedule of Fair Value Hedging Instruments Effects in Operations

Yen (millions)
Hedging instruments in ASC 815 fair value hedging relationships	Location of gain or (loss) recognized in operations	Amount of gain or (loss) recognized in operations
Commodity futures	Other income (deductions)	5,700
Total		5,700

Yen (millions)
Hedging instruments in ASC 815 fair value hedging relationships	Location of gain or (loss) recognized in operations	Amount of gain or (loss) recognized in operations
Commodity futures	Other income (deductions)	(1,724)
Total		(1,724)

Yen (millions)
Hedging instruments in ASC 815 fair value hedging relationships	Location of gain or (loss) recognized in operations	Amount of gain or (loss) recognized in operations
Commodity futures	Other income (deductions)	41,003
Total		41,003

Schedule of Fair Value Hedging Related Hedged Items Effects in Operations

Yen (millions)
Related hedged items in ASC 815 fair value hedging relationships	Location of gain or (loss) recognized in operations	Amount of gain or (loss) recognized in operations
Trade accounts receivable (payable)	Other income (deductions)	(5,352)
Total		(5,352)

Yen (millions)
Related hedged items in ASC 815 fair value hedging relationships	Location of gain or (loss) recognized in operations	Amount of gain or (loss) recognized in operations
Trade accounts receivable (payable)	Other income (deductions)	3,181
Total		3,181

Yen (millions)
Related hedged items in ASC 815 fair value hedging relationships	Location of gain or (loss) recognized in operations	Amount of gain or (loss) recognized in operations
Trade accounts receivable (payable)	Other income (deductions)	(39,024)
Total		(39,024)

Schedule of Cash Flow Hedging Relationships, Amounts Reclassified from AOCI into Operations

Yen (millions)
Derivatives in ASC 815 cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivative (effective portion)	Location of gain or (loss) reclassified from accumulated OCI into operations (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into operations (effective portion)
Foreign exchange contracts	(9,251)	Other income (deductions)	2,355
Cross currency swaps	(90)	Other income (deductions)	(16)
Commodity futures	2,484	Cost of sales	(1,879)
Total	(6,857)		460

Yen (millions)
Derivatives in ASC 815 cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivative (effective portion)	Location of gain or (loss) reclassified from accumulated OCI into operations (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into operations (effective portion)
Foreign exchange contracts	7,662	Other income (deductions)	11,501
Commodity futures	8,463	Cost of sales	1,446
Total	16,125		12,947

Yen (millions)
Derivatives in ASC 815 cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivative (effective portion)	Location of gain or (loss) reclassified from accumulated OCI into operations (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into operations (effective portion)
Foreign exchange contracts	(613)	Other income (deductions)	(4,599)
Cross currency swaps	(291)	Other income (deductions)	(16)
Commodity futures	3,611	Cost of sales	(42)
Total	2,707		(4,657)

Schedule of Cash Flow Hedging Instruments, Recognized in Operations

Yen (millions)
Derivatives in ASC 815 cash flow hedging relationships	Location of gain or (loss) recognized in operations on derivative (ineffective portion and amount excluded from effectiveness testing)	Amount of gain or (loss) recognized in operations on derivative (ineffective portion and amount excluded from effectiveness testing)
Foreign exchange contracts	Other income (deductions)	(1,226)
Cross currency swaps	—	—
Commodity futures	—	—
Total		(1,226)

Yen (millions)
Derivatives in ASC 815 cash flow hedging relationships	Location of gain or (loss) recognized in operations on derivative (ineffective portion and amount excluded from effectiveness testing)	Amount of gain or (loss) recognized in operations on derivative (ineffective portion and amount excluded from effectiveness testing)
Foreign exchange contracts	Other income (deductions)	539
Commodity futures	—	—
Total		539

Yen (millions)
Derivatives in ASC 815 cash flow hedging relationships	Location of gain or (loss) recognized in operations on derivative (ineffective portion and amount excluded from effectiveness testing)	Amount of gain or (loss) recognized in operations on derivative (ineffective portion and amount excluded from effectiveness testing)
Foreign exchange contracts	Other income (deductions)	1,228
Cross currency swaps	—	—
Commodity futures	—	—
Total		1,228

Schedule of Derivatives not Designated as Hedging Instruments, Recognized in Operations

Yen (millions)
Derivatives not designated as hedging instruments under ASC 815	Location of gain or (loss) recognized in operations on derivative	Amount of gain or (loss) recognized in operations on  derivative
Foreign exchange contracts	Other income (deductions)	814
Cross currency swaps	Other income (deductions)	1,624
Commodity futures	Other income (deductions)	0
Total		2,438

Yen (millions)
Derivatives not designated as hedging instruments under ASC 815	Location of gain or (loss) recognized in operations on derivative	Amount of gain or (loss) recognized in operations on derivative
Foreign exchange contracts	Other income (deductions)	7,707
Cross currency swaps	Other income (deductions)	(179)
Interest rate swaps	Other income (deductions)	(23)
Commodity futures	Other income (deductions)	0
Total		7,505

Yen (millions)
Derivatives not designated as hedging instruments under ASC 815	Location of gain or (loss) recognized in operations on derivative	Amount of gain or (loss) recognized in operations on derivative
Foreign exchange contracts	Other income (deductions)	2,950
Cross currency swaps	Other income (deductions)	(1,543)
Interest rate swaps	Other income (deductions)	(3)
Commodity futures	Other income (deductions)	0
Total		1,404