Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2011

Assets and Liabilities Measured at Fair Value on Recurring Basis

The Company’s assets and liabilities measured at fair value on a recurring basis are summarized by level in the following tables:


	Fair Value Measurement at December 31, 2011
	Level 1		Level 2		Level 3		Total
Assets
Investments	$	137	$	41	$	–	$	178
Derivatives ⁽¹⁾
Interest rate		–		210		–		210
Foreign exchange		–		461		–		461
Residual Interests		–		–		35		35
Liabilities
Derivatives ⁽¹⁾
Interest rate		–		(17 )		–		(17 )
Foreign exchange		–		(207 )		–		(207 )

Total	$	137	$	488	$	35	$	660


	Fair Value Measurements at October 1, 2011
	Level 1		Level 2		Level 3		Total
Assets
Investments	$	143	$	43	$	–	$	186
Derivatives ⁽¹⁾
Interest rate		–		214		–		214
Foreign exchange		–		498		–		498
Residual Interests		–		–		40		40
Liabilities
Derivatives ⁽¹⁾
Interest rate		–		(18)		–		(18)
Foreign exchange		–		(262)		–		(262)
Other derivatives		–		(1)		–		(1)

Total	$	143	$	474	$	40	$	657

⁽¹⁾

The Company has a master netting arrangement by counterparty with respect to certain derivative contracts. Contracts in a liability position totaling $120 million and $167 million have been netted against contracts in an asset position in the Condensed Consolidated Balance Sheet at December 31, 2011 and October 1, 2011, respectively.