Derivative Financial Instruments And Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2013

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]

Schedule of Interest Rate Derivatives [Table Text Block]

Derivative swap and cap agreements consist of the following (in millions):

	September 30, 2013
	Notional		Fair Value(a)
Assets
Interest rate swaps	$	2,786	$	8
Interest rate caps	1,631		5
Foreign exchange swaps(b)	1,500		1
Total assets(c)	5,917		14
Liabilities
Interest rate swaps	4,012		16
Interest rate caps	1,442		6
Foreign exchange swaps(b)	2,034		19
Total liabilities(d)	$	7,488	$	41

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(a) See Note 9 - "Fair Values of Assets and Liabilities" for further discussion of fair value disclosure related to the derivatives.

(b) The foreign exchange swaps relate to (i) intercompany loans denominated in foreign currencies (notional balances on the intercompany loans of €610 million , £432 million and 182kr million have been translated to USD) and (ii) a cross-currency swap for a securitization in the International Segment.

(c) Included in other assets on the condensed consolidated balance sheets.

(d) Included in other liabilities on the condensed consolidated balance sheets.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following table summarizes the location and amount of gains and losses on derivative instruments reported in our condensed consolidated statement of income and comprehensive income (in millions):

	Three Months Ended			Nine Months Ended
	September 30, 2013
Gain recognized in interest expense
Interest rate contracts	$	5		$	2
Loss recognized in operating expenses
Foreign exchange swaps(a)	$	(99	)	$	(111	)