Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value, Assets And Liabilities Measured On Recurring Basis

The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs and Level 3 includes fair values estimated using significant unobservable inputs.

	June 30, 2014									December 31, 2013
	Total			Level 1		Level 2			Level 3	Total			Level 1		Level 2			Level 3
Assets
Money market funds		$2,676			$2,676						$3,783			$3,783
Available-for-sale investments	12			12						8			6						$2
Derivatives	114						$114			86						$86
Total assets		$2,802			$2,688		$114				$3,877			$3,789		$86			$2
Liabilities
Derivatives		($53	)				($53	)			($79	)				($79	)
Total liabilities		($53	)				($53	)			($79	)				($79	)

Fair Value, Assets Measured On Nonrecurring Basis Using Unobservable Inputs

Certain assets have been measured at fair value on a nonrecurring basis using significant unobservable inputs (Level 3). The following table presents the nonrecurring losses recognized for the six months ended June 30 and the fair value and asset classification of the related assets as of the impairment date:

	2014					2013
	Fair Value		Total Losses			Fair Value		Total Losses
Operating lease equipment		$27		($6	)		$28		($21	)
Property, plant and equipment	2		(10		)	6		(5		)
Total		$29		($16	)		$34		($26	)

Fair Value, Assets Measured On Nonrecurring Basis, Valuation Techniques

For Level 3 assets that were measured at fair value on a nonrecurring basis during the six months ended June 30, 2014, the following table presents the fair value of those assets as of the measurement date, valuation techniques and related unobservable inputs of those assets.

	Fair Value	Valuation Technique(s)	Unobservable Input	Range Median or Average
Operating lease equipment	$27	Market approach	Aircraft value publications	$17 - $42(1) Median $32
			Aircraft condition adjustments	($5)- $0(2) Net ($5)

⁽¹⁾  The range represents the sum of the highest and lowest values for all aircraft subject to fair value measurement, according to the third party aircraft valuation publications that we use in our valuation process.

⁽²⁾  The negative amount represents the sum for all aircraft subject to fair value measurement, of all downward adjustments based on consideration of individual aircraft attributes and condition. The positive amount represents the sum of all such upward adjustments.

Fair Values And Related Carrying Values Of Financial Instruments

The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Condensed Consolidated Statements of Financial Position were as follows:

	June 30, 2014
	Carrying Amount			Total Fair Value			Level 1	Level 2			Level 3
Assets
Accounts receivable, net		$7,694			$7,744				$7,744
Notes receivable, net	446			480				480
Liabilities
Debt, excluding capital lease obligations	(8,727		)	(10,415		)		(10,204		)	(211	)

	December 31, 2013
	Carrying Amount			Total Fair Value			Level 1	Level 2			Level 3
Assets
Accounts receivable, net		$6,546			$6,525				$6,525
Notes receivable, net	572			622				622
Liabilities
Debt, excluding capital lease obligations	(9,483		)	(10,897		)		(10,897		)